Goodwill and Other Intangible Assets

3 Months Ended

Jan. 31, 2020

Goodwill And Intangible Assets Disclosure [Abstract]

5.	Goodwill and other intangible assets

Changes in the carrying amount of goodwill for the three months ended January 31, 2020 by operating segment are as follows:

	Adhesive Dispensing Systems			Advanced Technology Systems			Industrial Coating Systems		Total
Balance at October 31, 2019	$	387,403		$	1,203,278		$	24,058	$	1,614,739
Currency effect		(558	)		(315	)		—		(873	)
Balance at January 31, 2020	$	386,845		$	1,202,963		$	24,058	$	1,613,866

Accumulated impairment losses, which were recorded in 2009, were $232,789 at January 31, 2020 and October 31, 2019. 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:

	January 31, 2020
	Carrying Amount		Accumulated Amortization		Net Book Value
Customer relationships	$	479,942	$	183,178	$	296,764
Patent/technology costs		154,849		74,792		80,057
Trade name		96,651		42,950		53,701
Non-compete agreements		11,526		10,524		1,002
Other		1,397		1,390		7
Total	$	744,365	$	312,834	$	431,531

	October 31, 2019
	Carrying Amount		Accumulated Amortization		Net Book Value
Customer relationships	$	480,007	$	173,996	$	306,011
Patent/technology costs		154,735		71,663		83,072
Trade name		96,655		41,303		55,352
Non-compete agreements		11,540		10,406		1,134
Other		1,400		1,394		6
Total	$	744,337	$	298,762	$	445,575

Amortization expense for the three months ended January 31, 2020 and 2019 was $16,173 and $13,629, respectively.