XML 41 R31.htm IDEA: XBRL DOCUMENT
v3.23.1

Goodwill and Intangible Assets (Tables) | 6 Months Ended
--- | ---
Apr. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill | The changes in the carrying amount of goodwill during the six months ended April 30, 2023 were as follows:
| (in thousands)
Balance at October 31, 2022 | $ | 3,842,234 |
Additions | 23,029 |
Adjustments | 3,054 |
Effect of foreign currency translation | 19,932 |
Balance at April 30, 2023 | $ | 3,888,249 |
Summary of Intangible Assets | Intangible assets as of April 30, 2023 consisted of the following:
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Amount
| (in thousands)
Core/developed technology | $ | 1,097,217 |  |  | $ | 848,890 |  |  | $ | 248,327 |
Customer relationships | 431,303 |  |  | 345,857 |  |  | 85,446 |
Contract rights intangible | 193,594 |  |  | 189,953 |  |  | 3,641 |
Trademarks and trade names | 52,795 |  |  | 35,840 |  |  | 16,955 |
Capitalized software development costs | 49,838 |  |  | 47,094 |  |  | 2,744 |
Total | $ | 1,824,747 |  |  | $ | 1,467,634 |  |  | $ | 357,113 |
Intangible assets as of October 31, 2022 consisted of the following:
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Amount
| (in thousands)
Core/developed technology | $ | 1,083,703 |  |  | $ | 813,226 |  |  | $ | 270,477 |
Customer relationships | 426,242 |  |  | 333,984 |  |  | 92,258 |
Contract rights intangible | 190,666 |  |  | 188,262 |  |  | 2,404 |
Trademarks and trade names | 52,795 |  |  | 34,054 |  |  | 18,741 |
Capitalized software development costs | 48,591 |  |  | 46,025 |  |  | 2,566 |
Total | $ | 1,801,997 |  |  | $ | 1,415,551 |  |  | $ | 386,446 |
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,
| 2023 |  | 2022 |  | 2023 |  | 2022
| (in thousands)
Core/developed technology | $ | 17,481 |  |  | $ | 13,728 |  |  | $ | 35,750 |  |  | $ | 26,576 |
Customer relationships | 5,689 |  |  | 6,312 |  |  | 11,513 |  |  | 14,497 |
Contract rights intangible | 391 |  |  | 727 |  |  | 762 |  |  | 1,454 |
Trademarks and trade names | 893 |  |  | 600 |  |  | 1,786 |  |  | 1,200 |
Capitalized software development costs(1) | 510 |  |  | 681 |  |  | 1,069 |  |  | 1,433 |
Total | $ | 24,964 |  |  | $ | 22,048 |  |  | $ | 50,880 |  |  | $ | 45,160 |
(1) Amortization of capitalized software development costs is included in cost of products revenue in the 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, 2023:
Fiscal year | (in thousands)
Remainder of fiscal 2023 | $ | 50,787 |
2024 | 92,016 |
2025 | 74,135 |
2026 | 61,060 |
2027 | 40,858 |
2028 and thereafter | 38,257 |
Total | $ | 357,113 |

X
- Definition Tabular disclosure of amortization expense of assets, excluding financial assets, that lack physical substance, having a limited useful life. + References No definition available. + Details
Name: | us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (h) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (g) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1A -URI https://asc.fasb.org/extlink&oid=121556970&loc=SL108378252-109267 Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (f) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267 Reference 11: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 55 -Paragraph 24 -URI https://asc.fasb.org/extlink&oid=122137925&loc=d3e14258-109268 Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration