Goodwill and Other Intangible Assets

9 Months Ended

Jul. 31, 2019

Goodwill And Intangible Assets Disclosure [Abstract]

6.	Goodwill and other intangible assets

Changes in the carrying amount of goodwill for the nine months ended July 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		—			9,168			—		9,168
Currency effect		(2,278	)		(1,432	)		—		(3,710	)
Balance at July 31, 2019	$	386,713		$	1,202,705		$	24,058	$	1,613,476

Accumulated impairment losses, which were recorded in 2009, were $232,789 at July 31, 2019 and October 31, 2018. Of these losses, $229,173 related to the Advanced Technology Systems segment, and $3,616 related to the Industrial Coating Systems segment.

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

	July 31, 2019
	Carrying Amount		Accumulated Amortization		Net Book Value
Customer relationships	$	479,033	$	164,172	$	314,861
Patent/technology costs		153,557		67,997		85,560
Trade name		96,910		39,575		57,335
Non-compete agreements		11,522		10,254		1,268
Other		1,399		1,396		3
Total	$	742,421	$	283,394	$	459,027

	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

Amortization expense for the three months ended July 31, 2019 and 2018 was $13,903 and $14,036, respectively. Amortization expense for the nine months ended July 31, 2019 and 2018 was $41,665 and $42,097, respectively.