Goodwill and Intangible Assets (Tables)

6 Months Ended

Apr. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The changes in the carrying amount of goodwill during the six months ended April 30, 2022 were as follows:

	(in thousands)
Balance at October 31, 2021	$	3,575,785
Additions	60,797
Adjustments	1,285
Effect of foreign currency translation	(21,734)
Balance at April 30, 2022	$	3,616,133

Summary of Intangible Assets

Intangible assets as of April 30, 2022 consisted of the following:

	Gross Carrying Amount		Accumulated Amortization		Net Amount
	(in thousands)
Core/developed technology	$	1,010,204	$	775,334	$	234,870
Customer relationships	404,083		322,380		81,703
Contract rights intangible	192,061		188,429		3,632
Trademarks and trade names	43,095		32,355		10,740
Capitalized software development costs	47,162		44,786		2,376
Total	$	1,696,605	$	1,363,284	$	333,321

Intangible assets as of October 31, 2021 consisted of the following:

	Gross Carrying Amount		Accumulated Amortization		Net Amount
	(in thousands)
Core/developed technology	$	911,903	$	748,759	$	163,144
Customer relationships	404,571		308,355		96,216
Contract rights intangible	193,317		188,231		5,086
Trademarks and trade names	43,095		31,155		11,940
Capitalized software development costs	46,098		43,352		2,746
Total	$	1,598,984	$	1,319,852	$	279,132

Amortization Expense Related to Intangible Assets

Amortization expense related to intangible assets consisted of the following:

	Three Months Ended   April 30,				Six Months Ended   April 30,
	2022		2021		2022		2021
	(in thousands)
Core/developed technology	$	13,728	$	10,969	$	26,576	$	21,986
Customer relationships	6,312		7,703		14,497		15,482
Contract rights intangible	727		439		1,454		1,309
Trademarks and trade names	600		610		1,200		1,220
Capitalized software development costs(1)	681		1,072		1,433		2,110
Total	$	22,048	$	20,793	$	45,160	$	42,107

(1) Amortization of capitalized software development costs is included in cost of products revenue in the unaudited condensed consolidated statements of income.

Estimated Future Amortization of Intangible Assets

The following table presented the estimated future amortization of intangible assets as of April 30, 2022:

Fiscal year	(in thousands)
Remainder of fiscal 2022	$	46,929
2023	80,803
2024	69,626
2025	53,319
2026	40,895
2027 and thereafter	41,749
Total	$	333,321