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Business Combinations
 12 Months Ended
Oct. 31, 2016
Business Combinations [Abstract]  
Business Combinations and Acquisition of Non-controlling Interest
Business Combinations
Fiscal 2016 Acquisitions
During fiscal 2016, the Company completed several acquisitions. The aggregated total purchase consideration was $56.6 million, net of cash acquired. The Company does not consider these acquisitions to be material, individually or in the aggregate, to the Company’s consolidated financial statements. The preliminary purchase price allocations resulted in $39.2 million of goodwill, of which $6.1 million is deductible for tax purposes, and $23.5 million of acquired identifiable intangible assets valued using the income method. The intangible assets are being amortized over their respective useful lives ranging from one to seven years. The acquisition-related costs for these acquisitions totaling $4.2 million were expensed as incurred in the consolidated statement of operations. The Company funded the acquisitions with existing cash.
The preliminary fair value estimates for the assets acquired and liabilities assumed for all fiscal 2016 acquisitions are not yet finalized and may change as additional information becomes available during the respective measurement periods. The primary areas of those preliminary estimates relate to certain tangible assets and liabilities, identifiable intangible assets, and taxes. Additional information, which existed as of the acquisition date but is yet unknown to the Company, may become known to the Company during the remainder of the measurement period, a period not to exceed 12 months from the acquisition date. Changes to the provisional amounts recorded as assets or liabilities during the measurement period may result in an adjustment to goodwill.