XML 26 R15.htm IDEA: XBRL DOCUMENT
v3.21.2

Goodwill and Other Intangible Assets | 9 Months Ended
--- | ---
Jul. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets | Goodwill and other intangible assets Changes in the carrying amount of goodwill for the nine months ended July 31, 2021 by operating segment were as follows:
|  | Industrial Precision Solutions |  | Advanced Technology Solutions |  | Total
Balance at October 31, 2020 |  | $ | 415,862 |  |  | $ | 1,297,492 |  |  | $ | 1,713,354 |
Currency effect |  | 2,096 |  |  | 3,115 |  |  | 5,211 |
Balance at July 31, 2021 |  | $ | 417,958 |  |  | $ | 1,300,607 |  |  | $ | 1,718,565 |
Information regarding our intangible assets subject to amortization was as follows:
|  | July 31, 2021
|  | Carrying Amount |  | Accumulated Amortization |  | Net Book Value
Customer relationships |  | $ | 485,876 |  |  | $ | 220,029 |  |  | $ | 265,847 |
Patent/technology costs |  | 155,146 |  |  | 87,070 |  |  | 68,076 |
Trade name |  | 74,568 |  |  | 38,732 |  |  | 35,836 |
Non-compete agreements |  | 9,971 |  |  | 9,026 |  |  | 945 |
Other |  | 1,393 |  |  | 1,391 |  |  | 2 |
Total |  | $ | 726,954 |  |  | $ | 356,248 |  |  | $ | 370,706 |
|  | October 31, 2020
|  | Carrying Amount |  | Accumulated Amortization |  | Net Book Value
Customer relationships |  | $ | 483,568 |  |  | $ | 193,617 |  |  | $ | 289,951 |
Patent/technology costs |  | 153,555 |  |  | 76,934 |  |  | 76,621 |
Trade name |  | 74,240 |  |  | 34,693 |  |  | 39,547 |
Non-compete agreements |  | 9,908 |  |  | 8,444 |  |  | 1,464 |
Other |  | 1,403 |  |  | 1,400 |  |  | 3 |
Total |  | $ | 722,674 |  |  | $ | 315,088 |  |  | $ | 407,586 |
Amortization expense for the three months ended July 31, 2021 and 2020 was $12,681 and $16,577, respectively. Amortization expense for the nine months ended July 31, 2021 and 2020 was $38,378 and $47,410, respectively.

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration