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Goodwill and Other Intangible Assets
9 Months Ended
Aug. 02, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets

The company's acquisition of CMW on April 1, 2019 resulted in the recognition of $154.0 million and $227.3 million of preliminary goodwill and other intangible assets, respectively. For additional information on the company's acquisition of CMW, refer to Note 2, Business Combinations.

Goodwill

The changes in the carrying amount of goodwill by reportable segment for the first nine months of fiscal 2019 were as follows:
(Dollars in thousands)
 
Professional
 
Residential
 
Other
 
Total
Balance as of October 31, 2018
 
$
214,827

 
$
10,463

 
$

 
$
225,290

Goodwill acquired
 
154,040

 

 
1,534

 
155,574

Translation adjustments
 
(276
)
 
(85
)
 

 
(361
)
Balance as of August 2, 2019
 
$
368,591

 
$
10,378

 
$
1,534

 
$
380,503



Other Intangible Assets

The components of other intangible assets as of August 2, 2019 were as follows:
(Dollars in thousands)
 
Weighted-Average Useful Life
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net
Patents
 
9.9
 
$
18,242

 
$
(12,916
)
 
$
5,326

Non-compete agreements
 
5.5
 
6,879

 
(6,792
)
 
87

Customer-related
 
18.3
 
195,223

 
(29,479
)
 
165,744

Developed technology
 
7.6
 
50,279

 
(30,203
)
 
20,076

Trade names
 
15.5
 
7,590

 
(2,004
)
 
5,586

Backlog and other
 
0.6
 
7,380

 
(5,187
)
 
2,193

Total amortizable
 
15.0
 
285,593

 
(86,581
)
 
199,012

Non-amortizable - trade names
 
 
 
120,874

 

 
120,874

Total other intangible assets, net
 
 
 
$
406,467

 
$
(86,581
)
 
$
319,886


The components of other intangible assets as of August 3, 2018 were as follows:
(Dollars in thousands)
 
Weighted-Average Useful Life
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net
Patents
 
9.9
 
$
18,247

 
$
(12,103
)
 
$
6,144

Non-compete agreements
 
5.5
 
6,883

 
(6,776
)
 
107

Customer-related
 
18.5
 
89,745

 
(22,444
)
 
67,301

Developed technology
 
7.6
 
31,097

 
(28,165
)
 
2,932

Trade names
 
5.0
 
2,331

 
(1,760
)
 
571

Other
 
1.0
 
800

 
(800
)
 

Total amortizable
 
14.3
 
149,103

 
(72,048
)
 
77,055

Non-amortizable - trade names
 
 
 
30,645

 

 
30,645

Total other intangible assets, net
 
 
 
$
179,748

 
$
(72,048
)
 
$
107,700


The components of other intangible assets as of October 31, 2018 were as follows:
(Dollars in thousands)
 
Weighted-Average Useful Life
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net
Patents
 
9.9
 
$
18,235

 
$
(12,297
)
 
$
5,938

Non-compete agreements
 
5.5
 
6,872

 
(6,771
)
 
101

Customer-related
 
18.5
 
89,622

 
(23,653
)
 
65,969

Developed technology
 
7.6
 
31,029

 
(28,471
)
 
2,558

Trade names
 
5.0
 
2,307

 
(1,805
)
 
502

Other
 
1.0
 
800

 
(800
)
 

Total amortizable
 
14.3
 
148,865

 
(73,797
)
 
75,068

Non-amortizable - trade names
 
 
 
30,581

 

 
30,581

Total other intangible assets, net
 
 
 
$
179,446

 
$
(73,797
)
 
$
105,649



Amortization expense for definite-lived intangible assets during the third quarter of fiscal 2019 and fiscal 2018 was $7.4 million and $1.8 million, respectively. Amortization expense for definite-lived intangible assets during the first nine months of fiscal 2019 and 2018 was $12.9 million and $5.4 million, respectively. Estimated amortization expense for the remainder of fiscal 2019 and succeeding fiscal years is as follows: fiscal 2019 (remainder), $6.3 million; fiscal 2020, $16.1 million; fiscal 2021, $15.7 million; fiscal 2022, $15.0 million; fiscal 2023, $13.6 million; fiscal 2024, $13.0 million; and after fiscal 2024, $119.3 million.