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GOODWILL AND INTANGIBLE ASSETS | 6 Months Ended
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Apr. 26, 2020
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND INTANGIBLE ASSETS | GOODWILL AND INTANGIBLE ASSETS Goodwill: The changes in the carrying amounts of goodwill for the thirteen and twenty-six weeks ended April 26, 2020, are:
(in thousands) | Grocery Products |  | Refrigerated Foods |  | Jennie-O Turkey Store |  | International & Other |  | Total
Balance at January 26, 2020 | $ | 632,301 |  |  | $ | 1,458,692 |  |  | $ | 176,628 |  |  | $ | 216,467 |  |  | $ | 2,484,088 |
Goodwill Acquired | — |  |  | 212,871 |  |  | — |  |  | — |  |  | 212,871 |
Foreign Currency Translation | — |  |  | — |  |  | — |  |  | (14,120 | ) |  | (14,120 | )
Balance at April 26, 2020 | $ | 632,301 |  |  | $ | 1,671,563 |  |  | $ | 176,628 |  |  | $ | 202,347 |  |  | $ | 2,682,839 |
(in thousands) | Grocery Products |  | Refrigerated Foods |  | Jennie-O Turkey Store |  | International & Other |  | Total
Balance at October 27, 2019 | $ | 632,301 |  |  | $ | 1,458,692 |  |  | $ | 176,628 |  |  | $ | 214,024 |  |  | $ | 2,481,645 |
Goodwill Acquired | — |  |  | 212,871 |  |  | — |  |  | — |  |  | 212,871 |
Foreign Currency Translation | — |  |  | — |  |  | — |  |  | (11,677 | ) |  | (11,677 | )
Balance at April 26, 2020 | $ | 632,301 |  |  | $ | 1,671,563 |  |  | $ | 176,628 |  |  | $ | 202,347 |  |  | $ | 2,682,839 |
The increase to goodwill during the thirteen and twenty-six weeks ended April 26, 2020, is related to the acquisition of Sadler's. The allocation from goodwill to identifiable assets is pending a third party valuation. Intangible Assets: The carrying amounts for indefinite-lived intangible assets are:
(in thousands) | April 26, 2020 |  | October 27, 2019
Brands/Tradenames/Trademarks | $ | 953,190 |  |  | $ | 959,400 |
Other Intangibles | 184 |  |  | 184 |
Foreign Currency Translation | (6,211 | ) |  | (3,803 | )
Total | $ | 947,163 |  |  | $ | 955,781 |
The gross carrying amount and accumulated amortization for definite-lived intangible assets are:
| April 26, 2020 |  | October 27, 2019
(in thousands) | Gross Carrying Amount |  | Accumulated Amortization |  | Gross Carrying Amount |  | Accumulated Amortization
Customer Lists/Relationships | $ | 113,739 |  |  | $ | (41,350 | ) |  | $ | 113,739 |  |  | $ | (36,744 | )
Tradenames/Trademarks | 10,536 |  |  | (2,447 | ) |  | 4,326 |  |  | (1,589 | )
Other Intangibles | 2,631 |  |  | (1,920 | ) |  | 2,631 |  |  | (1,228 | )
Foreign Currency Translation | — |  |  | (4,415 | ) |  | — |  |  | (3,054 | )
Total | $ | 126,906 |  |  | $ | (50,132 | ) |  | $ | 120,696 |  |  | $ | (42,615 | )
Amortization expense was $3.4 million and $6.2 million for the thirteen and twenty-six weeks ended April 26, 2020, respectively, compared to $3.1 million and $6.3 for the thirteen and twenty-six weeks ended April 28, 2019. Estimated annual amortization expense for the five fiscal years after October 27, 2019, is:
(in thousands) |
2020 | $ | 11,700 |
2021 | 12,000 |
2022 | 11,644 |
2023 | 10,739 |
2024 | 8,921 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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