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Goodwill and Other Intangible Assets (Tables)
9 Months Ended
Jul. 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 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

 

Summary of Intangible Assets Subject to Amortization

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