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Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Apr. 30, 2019
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Changes in Carrying Amount of Goodwill

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

 

Summary of Intangible Assets Subject to Amortization

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