Goodwill and Other Intangible Assets

6 Months Ended

Apr. 30, 2019

Goodwill And Intangible Assets Disclosure [Abstract]

6.	Goodwill and other intangible assets

Changes in the carrying amount of goodwill for the six months ended April 30, 2019 by operating segment are as follows:

	Adhesive Dispensing Systems			Advanced Technology Systems			Industrial Coating Systems		Total
Balance at October 31, 2018	$	388,991		$	1,194,969		$	24,058	$	1,608,018
Acquisitions		—			926			—		926
Currency effect		(937	)		(498	)		—		(1,435	)
Balance at April 30, 2019	$	388,054		$	1,195,397		$	24,058	$	1,607,509

Accumulated impairment losses, which were recorded in 2009, were $232,789 at April 30, 2019 and October 31, 2018. Of these losses, $229,173 related to the Advanced Technology Systems segment, and $3,616 related to the Industrial Coating Systems segment.

Information regarding our intangible assets subject to amortization is as follows:

	April 30, 2019
	Carrying Amount		Accumulated Amortization		Net Book Value
Customer relationships	$	479,391	$	155,876	$	323,515
Patent/technology costs		153,942		65,845		88,097
Trade name		96,274		38,039		58,235
Non-compete agreements		11,512		10,156		1,356
Other		1,394		1,390		4
Total	$	742,513	$	271,306	$	471,207

	October 31, 2018
	Carrying Amount		Accumulated Amortization		Net Book Value
Customer relationships	$	480,404	$	137,640	$	342,764
Patent/technology costs		153,602		59,845		93,757
Trade name		96,433		34,768		61,665
Non-compete agreements		11,469		9,919		1,550
Other		1,386		1,381		5
Total	$	743,294	$	243,553	$	499,741

Amortization expense for the three months ended April 30, 2019 and 2018 was $14,133 and $14,172, respectively. Amortization expense for the six months ended April 30, 2019 and 2018 was $27,762 and $28,061, respectively.