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Goodwill and Other Intangible Assets (Tables)
9 Months Ended
Jul. 31, 2020
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Changes in Carrying Amount of Goodwill

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

 

 

 

Industrial

Precision

Solutions

 

 

Advanced

Technology

Solutions

 

 

Total

 

Balance at October 31, 2019

 

$

411,461

 

 

$

1,203,278

 

 

$

1,614,739

 

Acquisitions

 

 

 

 

 

76,047

 

 

 

76,047

 

Currency effect

 

 

6,088

 

 

 

5,040

 

 

 

11,128

 

Balance at July 31, 2020

 

$

417,549

 

 

$

1,284,365

 

 

$

1,701,914

 

Summary of Intangible Assets Subject to Amortization

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

 

 

 

July 31, 2020

 

 

 

Carrying Amount

 

 

Accumulated

Amortization

 

 

Net Book Value

 

Customer relationships

 

$

503,804

 

 

$

203,589

 

 

$

300,215

 

Patent/technology costs

 

 

163,550

 

 

 

81,590

 

 

 

81,960

 

Trade name

 

 

98,691

 

 

 

46,553

 

 

 

52,138

 

Non-compete agreements

 

 

12,472

 

 

 

10,972

 

 

 

1,500

 

Other

 

 

1,401

 

 

 

1,397

 

 

 

4

 

Total

 

$

779,918

 

 

$

344,101

 

 

$

435,817

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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