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Goodwill and Other Intangible Assets, Net | 3 Months Ended
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Jan. 29, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets, Net |
5 | Goodwill and Other Intangible Assets, Net
Goodwill The changes in the carrying amount of goodwill by reportable segment for the first three months of fiscal 2021 were as follows:
(Dollars in thousands) |  | Professional |  | Residential |  | Other |  | Total
Balance as of October 31, 2020 |  | $ | 412,061 |  |  | $ | 10,480 |  |  | $ | 1,534 |  |  | $ | 424,075 |
Purchase price allocation adjustment |  | (1,027) |  |  | — |  |  | — |  |  | (1,027) |
Goodwill divested |  | — |  |  | — |  |  | (1,534) |  |  | (1,534) |
Translation adjustments |  | 518 |  |  | 131 |  |  | — |  |  | 649 |
Balance as of January 29, 2021 |  | $ | 411,552 |  |  | $ | 10,611 |  |  | $ | — |  |  | $ | 422,163 |
Other Intangible Assets, Net The components of other intangible assets, net as of January 29, 2021 were as follows:
(Dollars in thousands) |  | Weighted-Average Useful Life in Years |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
Patents |  | 9.9 |  | $ | 18,275 |  |  | $ | (14,123) |  |  | $ | 4,152 |
Non-compete agreements |  | 5.5 |  | 6,908 |  |  | (6,851) |  |  | 57 |
Customer-related |  | 18.2 |  | 239,816 |  |  | (51,747) |  |  | 188,069 |
Developed technology |  | 7.7 |  | 59,017 |  |  | (36,230) |  |  | 22,787 |
Trade names |  | 15.3 |  | 7,563 |  |  | (2,684) |  |  | 4,879 |
Backlog and other |  | 0.6 |  | 4,390 |  |  | (4,390) |  |  | — |
Total finite-lived |  | 15.3 |  | 335,969 |  |  | (116,025) |  |  | 219,944 |
Indefinite-lived - trade names |  |  |  | 190,643 |  |  | — |  |  | 190,643 |
Total other intangible assets, net |  |  |  | $ | 526,612 |  |  | $ | (116,025) |  |  | $ | 410,587 |
The components of other intangible assets, net as of January 31, 2020 were as follows:
(Dollars in thousands) |  | Weighted-Average Useful Life in Years |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
Patents |  | 9.9 |  | $ | 18,238 |  |  | $ | (13,307) |  |  | $ | 4,931 |
Non-compete agreements |  | 5.5 |  | 6,875 |  |  | (6,798) |  |  | 77 |
Customer-related |  | 18.4 |  | 220,364 |  |  | (36,970) |  |  | 183,394 |
Developed technology |  | 7.6 |  | 51,902 |  |  | (32,264) |  |  | 19,638 |
Trade names |  | 15.4 |  | 7,485 |  |  | (2,208) |  |  | 5,277 |
Backlog and other |  | 0.6 |  | 4,390 |  |  | (4,390) |  |  | — |
Total finite-lived |  | 15.5 |  | 309,254 |  |  | (95,937) |  |  | 213,317 |
Indefinite-lived - trade names |  |  |  | 134,326 |  |  | — |  |  | 134,326 |
Total other intangible assets, net |  |  |  | $ | 443,580 |  |  | $ | (95,937) |  |  | $ | 347,643 |
The components of other intangible assets, net as of October 31, 2020 were as follows:
(Dollars in thousands) |  | Weighted-Average Useful Life in Years |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
Patents |  | 9.9 |  | $ | 18,257 |  |  | $ | (13,919) |  |  | $ | 4,338 |
Non-compete agreements |  | 5.5 |  | 6,892 |  |  | (6,831) |  |  | 61 |
Customer-related |  | 18.2 |  | 239,634 |  |  | (48,005) |  |  | 191,629 |
Developed technology |  | 7.6 |  | 51,995 |  |  | (35,208) |  |  | 16,787 |
Trade names |  | 15.4 |  | 7,530 |  |  | (2,552) |  |  | 4,978 |
Backlog and other |  | 0.6 |  | 4,390 |  |  | (4,390) |  |  | — |
Total finite-lived |  | 15.5 |  | 328,698 |  |  | (110,905) |  |  | 217,793 |
Indefinite-lived - trade names |  |  |  | 190,512 |  |  | — |  |  | 190,512 |
Total other intangible assets, net |  |  |  | $ | 519,210 |  |  | $ | (110,905) |  |  | $ | 408,305 |
Amortization expense for finite-lived intangible assets during the first quarter of fiscal 2021 and fiscal 2020 was $4.9 million and $4.7 million, respectively. Estimated amortization expense for the remainder of fiscal 2021 and succeeding fiscal years is as follows: fiscal 2021 (remainder), $15.7 million; fiscal 2022, $19.3 million; fiscal 2023, $17.6 million; fiscal 2024, $16.5 million; fiscal 2025, $14.9 million; fiscal 2026, $14.2 million; and after fiscal 2026, $121.7 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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