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Goodwill and Other Intangible Assets (Tables)
9 Months Ended
Jul. 31, 2017
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Changes in Carrying Amount of Goodwill

Changes in the carrying amount of goodwill for the nine months ended July 31, 2017 by operating segment are as follows:

 

 

 

Adhesive Dispensing

Systems

 

 

Advanced Technology

Systems

 

 

Industrial Coating

Systems

 

 

Total

 

Balance at October 31, 2016

 

$

385,733

 

 

$

697,346

 

 

$

24,058

 

 

$

1,107,137

 

Acquisitions

 

 

 

 

 

466,513

 

 

 

 

 

 

466,513

 

Currency effect

 

 

8,501

 

 

 

4,804

 

 

 

 

 

 

13,305

 

Balance at July 31, 2017

 

$

394,234

 

 

$

1,168,663

 

 

$

24,058

 

 

$

1,586,955

 

 

Summary of Intangible Assets Subject to Amortization

Information regarding our intangible assets subject to amortization is as follows:

 

 

 

July 31, 2017

 

 

 

Carrying Amount

 

 

Accumulated

Amortization

 

 

Net Book Value

 

Customer relationships

 

$

480,164

 

 

$

93,229

 

 

$

386,935

 

Patent/technology costs

 

 

150,716

 

 

 

45,886

 

 

 

104,830

 

Trade name

 

 

93,581

 

 

 

26,843

 

 

 

66,738

 

Non-compete agreements

 

 

11,191

 

 

 

9,160

 

 

 

2,031

 

Other

 

 

1,390

 

 

 

1,387

 

 

 

3

 

Total

 

$

737,042

 

 

$

176,505

 

 

$

560,537

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

October 31, 2016

 

 

 

Carrying Amount

 

 

Accumulated

Amortization

 

 

Net Book Value

 

Customer relationships

 

$

207,493

 

 

$

71,608

 

 

$

135,885

 

Patent/technology costs

 

 

97,640

 

 

 

37,873

 

 

 

59,767

 

Trade name

 

 

85,271

 

 

 

22,140

 

 

 

63,131

 

Non-compete agreements

 

 

9,855

 

 

 

8,347

 

 

 

1,508

 

Other

 

 

1,400

 

 

 

1,389

 

 

 

11

 

Total

 

$

401,659

 

 

$

141,357

 

 

$

260,302