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Goodwill and Other Intangible Assets (Tables)
3 Months Ended
Jan. 31, 2019
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Changes in Carrying Amount of Goodwill

Changes in the carrying amount of goodwill for the three months ended January 31, 2019 by operating segment are as follows:

 

 

 

Adhesive Dispensing

Systems

 

 

Advanced Technology

Systems

 

 

Industrial Coating

Systems

 

 

Total

 

Balance at October 31, 2018

 

$

388,991

 

 

$

1,194,969

 

 

$

24,058

 

 

$

1,608,018

 

Acquisitions

 

 

 

 

 

870

 

 

 

 

 

 

870

 

Currency effect

 

 

1,377

 

 

 

1,089

 

 

 

 

 

 

2,466

 

Balance at January 31, 2019

 

$

390,368

 

 

$

1,196,928

 

 

$

24,058

 

 

$

1,611,354

 

Summary of Intangible Assets Subject to Amortization

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

 

 

 

January 31, 2019

 

 

 

Carrying Amount

 

 

Accumulated

Amortization

 

 

Net Book Value

 

Customer relationships

 

$

480,719

 

 

$

147,176

 

 

$

333,543

 

Patent/technology costs

 

 

154,473

 

 

 

63,156

 

 

 

91,317

 

Trade name

 

 

96,468

 

 

 

36,478

 

 

 

59,990

 

Non-compete agreements

 

 

11,572

 

 

 

10,084

 

 

 

1,488

 

Other

 

 

1,399

 

 

 

1,395

 

 

 

4

 

Total

 

$

744,631

 

 

$

258,289

 

 

$

486,342

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

October 31, 2018

 

 

 

Carrying Amount

 

 

Accumulated

Amortization

 

 

Net Book Value

 

Customer relationships

 

$

480,404

 

 

$

137,640

 

 

$

342,764

 

Patent/technology costs

 

 

153,602

 

 

 

59,845

 

 

 

93,757

 

Trade name

 

 

96,433

 

 

 

34,768

 

 

 

61,665

 

Non-compete agreements

 

 

11,469

 

 

 

9,919

 

 

 

1,550

 

Other

 

 

1,386

 

 

 

1,381

 

 

 

5

 

Total

 

$

743,294

 

 

$

243,553

 

 

$

499,741