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Goodwill and Other Intangible Assets, Net | 9 Months Ended
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Jul. 30, 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 nine 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 |  | 311 |  |  | 133 |  |  | — |  |  | 444 |
Balance as of July 30, 2021 |  | $ | 411,345 |  |  | $ | 10,613 |  |  | $ | — |  |  | $ | 421,958 |
Other Intangible Assets, Net The components of other intangible assets, net as of July 30, 2021, July 31, 2020, and October 31, 2020 were as follows (in thousands):
July 30, 2021 |  | Weighted-Average Useful Life in Years |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
Patents |  | 9.9 |  | $ | 18,275 |  |  | $ | (14,482) |  |  | $ | 3,793 |
Non-compete agreements |  | 5.5 |  | 6,908 |  |  | (6,861) |  |  | 47 |
Customer-related |  | 18.2 |  | 239,762 |  |  | (59,017) |  |  | 180,745 |
Developed technology |  | 7.0 |  | 87,512 |  |  | (40,943) |  |  | 46,569 |
Trade names |  | 15.3 |  | 7,544 |  |  | (2,882) |  |  | 4,662 |
Backlog and other |  | 0.6 |  | 4,390 |  |  | (4,390) |  |  | — |
Total finite-lived |  | 14.6 |  | 364,391 |  |  | (128,575) |  |  | 235,816 |
Indefinite-lived - trade names |  |  |  | 190,681 |  |  | — |  |  | 190,681 |
Total other intangible assets, net |  |  |  | $ | 555,072 |  |  | $ | (128,575) |  |  | $ | 426,497 |
July 31, 2020 |  | Weighted-Average Useful Life in Years |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
Patents |  | 9.9 |  | $ | 18,232 |  |  | $ | (13,697) |  |  | $ | 4,535 |
Non-compete agreements |  | 5.5 |  | 6,871 |  |  | (6,804) |  |  | 67 |
Customer-related |  | 18.2 |  | 239,661 |  |  | (44,368) |  |  | 195,293 |
Developed technology |  | 7.6 |  | 51,999 |  |  | (34,232) |  |  | 17,767 |
Trade names |  | 15.3 |  | 7,540 |  |  | (2,453) |  |  | 5,087 |
Backlog and other |  | 0.6 |  | 4,390 |  |  | (4,390) |  |  | — |
Total finite-lived |  | 15.5 |  | 328,693 |  |  | (105,944) |  |  | 222,749 |
Indefinite-lived - trade names |  |  |  | 190,521 |  |  | — |  |  | 190,521 |
Total other intangible assets, net |  |  |  | $ | 519,214 |  |  | $ | (105,944) |  |  | $ | 413,270 |
October 31, 2020 |  | 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 |
For the three and nine months ended July 30, 2021, amortization expense for finite-lived intangible assets was $6.4 million and $17.5 million, respectively. For the three and nine months ended July 31, 2020, amortization expense for finite-lived intangible assets was $5.0 million and $14.6 million, respectively. Estimated amortization expense for the remainder of fiscal 2021 and succeeding fiscal years is as follows: fiscal 2021 (remainder), $6.4 million; fiscal 2022, $24.2 million; fiscal 2023, $22.4 million; fiscal 2024, $21.4 million; fiscal 2025, $19.8 million; fiscal 2026, $19.0 million; and after fiscal 2026, $122.6 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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