XML 25 R15.htm IDEA: XBRL DOCUMENT v3.3.1.900
Other Intangible Assets
3 Months Ended
Jan. 29, 2016
Other Intangible Assets  
Other Intangible Assets

 

Other Intangible Assets

 

The components of other intangible assets were as follows:

 

(Dollars in thousands)
January 29, 2016

 

Weighted-average
Life (Years)

 

Gross Carrying
Amount

 

Accumulated
Amortization

 

Net

 

Patents

 

9.9

 

$

15,167

 

$

(10,334

)

$

4,833

 

Non-compete agreements

 

5.5

 

6,901

 

(6,326

)

575

 

Customer-related

 

19.1

 

84,502

 

(11,346

)

73,156

 

Developed technology

 

7.6

 

28,739

 

(21,300

)

7,439

 

Trade names

 

19.2

 

28,715

 

(3,215

)

25,500

 

Other

 

 

 

800

 

(800

)

 

 

 

 

 

 

 

 

 

 

 

Total amortizable

 

 

 

164,824

 

(53,321

)

111,503

 

Non-amortizable - trade names

 

 

 

4,620

 

 

4,620

 

 

 

 

 

 

 

 

 

 

 

Total other intangible assets, net

 

 

 

$

169,444

 

$

(53,321

)

$

116,123

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

October 31, 2015

 

Weighted-average
Life (Years)

 

Gross Carrying
Amount

 

Accumulated
Amortization

 

Net

 

Patents

 

9.9

 

$

15,191

 

$

(10,175

)

$

5,016

 

Non-compete agreements

 

5.5

 

6,922

 

(6,206

)

716

 

Customer-related

 

19.1

 

84,599

 

(10,316

)

74,283

 

Developed technology

 

7.6

 

28,804

 

(20,530

)

8,274

 

Trade names

 

19.2

 

28,715

 

(2,825

)

25,890

 

Other

 

 

 

800

 

(800

)

 

 

 

 

 

 

 

 

 

 

 

Total amortizable

 

 

 

165,031

 

(50,852

)

114,179

 

Non-amortizable - trade names

 

 

 

4,831

 

 

4,831

 

 

 

 

 

 

 

 

 

 

 

Total other intangible assets, net

 

 

 

$

169,862

 

$

(50,852

)

$

119,010

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization expense for intangible assets during the first quarter of fiscal 2016 was $3.2 million. Estimated amortization expense for the remainder of fiscal 2016 and succeeding fiscal years is as follows: fiscal 2016 (remainder), $7.7 million; fiscal 2017, $9.5 million; fiscal 2018, $7.4 million; fiscal 2019, $6.6 million; fiscal 2020, $6.0 million; fiscal 2021, $5.6 million; and after fiscal 2021, $68.7 million.