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Goodwill and Other Intangible Assets | 6 Months Ended
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May 03, 2019
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets | Goodwill and Other Intangible Assets The company's acquisition of CMW on April 1, 2019 resulted in the recognition of $145.5 million and $233.0 million of preliminary goodwill and other intangible assets, respectively. For additional information on the company's acquisition of CMW, refer to Note 2, Business Combinations. Goodwill The changes in the carrying amount of goodwill by reportable segment for the first six months of fiscal 2019 were as follows:
(Dollars in thousands) |  | Professional |  | Residential |  | Other |  | Total
Balance as of October 31, 2018 |  | $ | 214,827 |  |  | $ | 10,463 |  |  | $ | — |  |  | $ | 225,290 |
Goodwill acquired |  | 145,538 |  |  | — |  |  | 1,534 |  |  | 147,072 |
Translation adjustments |  | (47 | ) |  | 28 |  |  | — |  |  | (19 | )
Balance as of May 3, 2019 |  | $ | 360,318 |  |  | $ | 10,491 |  |  | $ | 1,534 |  |  | $ | 372,343 |
Other Intangible Assets The components of other intangible assets as of May 3, 2019 were as follows:
(Dollars in thousands) |  | Weighted-Average Useful Life |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
Patents |  | 9.9 |  | $ | 18,254 |  |  | $ | (12,728 | ) |  | $ | 5,526 |
Non-compete agreements |  | 5.5 |  | 6,889 |  |  | (6,797 | ) |  | 92 |
Customer-related |  | 18.3 |  | 201,022 |  |  | (26,719 | ) |  | 174,303 |
Developed technology |  | 7.6 |  | 50,338 |  |  | (29,292 | ) |  | 21,046 |
Trade names |  | 15.5 |  | 7,599 |  |  | (1,903 | ) |  | 5,696 |
Backlog and other |  | 0.6 |  | 7,380 |  |  | (1,897 | ) |  | 5,483 |
Total amortizable |  | 15.1 |  | 291,482 |  |  | (79,336 | ) |  | 212,146 |
Non-amortizable - trade names |  |  |  | 121,031 |  |  | — |  |  | 121,031 |
Total other intangible assets, net |  |  |  | $ | 412,513 |  |  | $ | (79,336 | ) |  | $ | 333,177 |
The components of other intangible assets as of May 4, 2018 were as follows:
(Dollars in thousands) |  | Weighted-Average Useful Life |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
Patents |  | 9.7 |  | $ | 18,287 |  |  | $ | (11,937 | ) |  | $ | 6,350 |
Non-compete agreements |  | 5.5 |  | 6,918 |  |  | (6,806 | ) |  | 112 |
Customer-related |  | 18.5 |  | 89,874 |  |  | (21,284 | ) |  | 68,590 |
Developed technology |  | 7.6 |  | 31,180 |  |  | (27,872 | ) |  | 3,308 |
Trade names |  | 5.0 |  | 2,351 |  |  | (1,724 | ) |  | 627 |
Other |  | 1.0 |  | 800 |  |  | (800 | ) |  | — |
Total amortizable |  | 14.2 |  | 149,410 |  |  | (70,423 | ) |  | 78,987 |
Non-amortizable - trade names |  |  |  | 30,723 |  |  | — |  |  | 30,723 |
Total other intangible assets, net |  |  |  | $ | 180,133 |  |  | $ | (70,423 | ) |  | $ | 109,710 |
The components of other intangible assets as of October 31, 2018 were as follows:
(Dollars in thousands) |  | Weighted-Average Useful Life |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
Patents |  | 9.9 |  | $ | 18,235 |  |  | $ | (12,297 | ) |  | $ | 5,938 |
Non-compete agreements |  | 5.5 |  | 6,872 |  |  | (6,771 | ) |  | 101 |
Customer-related |  | 18.5 |  | 89,622 |  |  | (23,653 | ) |  | 65,969 |
Developed technology |  | 7.6 |  | 31,029 |  |  | (28,471 | ) |  | 2,558 |
Trade names |  | 5.0 |  | 2,307 |  |  | (1,805 | ) |  | 502 |
Other |  | 1.0 |  | 800 |  |  | (800 | ) |  | — |
Total amortizable |  | 14.3 |  | 148,865 |  |  | (73,797 | ) |  | 75,068 |
Non-amortizable - trade names |  |  |  | 30,581 |  |  | — |  |  | 30,581 |
Total other intangible assets, net |  |  |  | $ | 179,446 |  |  | $ | (73,797 | ) |  | $ | 105,649 |
Amortization expense for definite-lived intangible assets during the second quarter of fiscal 2019 and fiscal 2018 was $3.7 million and $1.8 million, respectively. Amortization expense for definite-lived intangible assets during the first six months of fiscal 2019 and 2018 was $5.5 million and $3.6 million, respectively. Estimated amortization expense for the remainder of fiscal 2019 and succeeding fiscal years is as follows: fiscal 2019 (remainder), $13.9 million; fiscal 2020, $16.5 million; fiscal 2021, $16.1 million; fiscal 2022, $15.4 million; fiscal 2023, $14.0 million; fiscal 2024, $13.3 million; and after fiscal 2024, $122.9 million.

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- 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
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