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Goodwill and Intangible Assets (Tables) | 12 Months Ended
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Oct. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Summary of Changes in Carrying Amount of Goodwill | Changes in the carrying amount of goodwill during 2022 by operating segment:
| Industrial Precision Solutions |  | Medical Fluid Systems |  | Advanced Technology Systems |  |  |  | Total
Balance at October 31, 2021 | $ | 415,020 |  |  | $ | 1,176,149 |  |  | $ | 121,979 |  |  |  |  | $ | 1,713,148 |
Acquisitions | 131,129 |  |  | — |  |  | — |  |  |  |  | 131,129 |
Currency effect | (25,913) |  |  | (4,080) |  |  | (9,591) |  |  |  |  | (39,584) |
Balance at October 31, 2022 | $ | 520,236 |  |  | $ | 1,172,069 |  |  | $ | 112,388 |  |  |  |  | $ | 1,804,693 |
The increase in goodwill for 2022 was due to the acquisition of NDC. See Note 3 for additional details. Changes in the carrying amount of goodwill during 2021 by operating segment:
| Industrial Precision Solutions |  | Medical Fluid Systems |  | Advanced Technology Systems |  |  |  | Total
Balance at October 31, 2020 | $ | 415,862 |  |  | $ | 1,175,972 |  |  | $ | 121,520 |  |  |  |  | $ | 1,713,354 |
Currency effect | (842) |  |  | 177 |  |  | 459 |  |  |  |  | (206) |
Balance at October 31, 2021 | $ | 415,020 |  |  | $ | 1,176,149 |  |  | $ | 121,979 |  |  |  |  | $ | 1,713,148 |
Summary of Intangible Assets Subject to Amortization | Information regarding intangible assets subject to amortization:
| October 31, 2022
| Carrying Amount |  | Accumulated Amortization |  | Net Book Value
Customer relationships | $ | 480,058 |  |  | $ | 250,798 |  |  | $ | 229,260 |
Patent/technology costs | 157,549 |  |  | 96,426 |  |  | 61,123 |
Trade names | 82,759 |  |  | 44,707 |  |  | 38,052 |
Noncompete agreements | 10,253 |  |  | 9,290 |  |  | 963 |
Other | 446 |  |  | 442 |  |  | 4 |
Total | $ | 731,065 |  |  | $ | 401,663 |  |  | $ | 329,402 |
| October 31, 2021
| Carrying Amount |  | Accumulated Amortization |  | Net Book Value
Customer relationships | $ | 483,815 |  |  | $ | 226,658 |  |  | $ | 257,157 |
Patent/technology costs | 154,267 |  |  | 89,299 |  |  | 64,968 |
Trade names | 74,301 |  |  | 39,858 |  |  | 34,443 |
Noncompete agreements | 9,896 |  |  | 9,099 |  |  | 797 |
Other | 1,385 |  |  | 1,383 |  |  | 2 |
Total | $ | 723,664 |  |  | $ | 366,297 |  |  | $ | 357,367 |
Estimated Amortization Expense | Estimated amortization expense for each of the five succeeding years:
Year |  | Amounts
2023 |  | $ | 49,169 |
2024 |  | 46,532 |
2025 |  | 42,685 |
2026 |  | 38,625 |
2027 |  | 34,878 |

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