XML 42 R32.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Goodwill and Other Intangible Assets, Net (Tables) | 3 Months Ended
--- | ---
Jan. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of the Changes in the Carrying Amount of Goodwill | The changes in the carrying amount of goodwill by reportable segment for the first three months of fiscal 2025 were as follows:
(Dollars in millions) |  | Professional |  | Residential |  | Other |  | Total
Balance as of October 31, 2024 |  | $ | 440.4 |  |  | $ | 9.9 |  |  | $ | — |  |  | $ | 450.3 |
Translation adjustments |  | (0.5) |  |  | — |  |  | — |  |  | (0.5) |
Balance as of January 31, 2025 |  | $ | 439.9 |  |  | $ | 9.9 |  |  | $ | — |  |  | $ | 449.8 |
Schedule of the Components of Other Intangible Assets | The components of other intangible assets, net as of January 31, 2025, February 2, 2024, and October 31, 2024 were as follows (dollars in millions):
January 31, 2025 |  | Weighted-Average Useful Life in Years |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
Patents |  | 9.9 |  | $ | 18.2 |  |  | $ | (16.9) |  |  | $ | 1.3 |
Customer-related |  | 16.0 |  | 319.8 |  |  | (133.2) |  |  | 186.6 |
Developed technology |  | 7.1 |  | 102.8 |  |  | (75.3) |  |  | 27.5 |
Trade names |  | 13.7 |  | 10.7 |  |  | (7.0) |  |  | 3.7 |
Total finite-lived |  | 13.7 |  | 451.5 |  |  | (232.4) |  |  | 219.1 |
Indefinite-lived - trade names |  |  |  | 271.5 |  |  | — |  |  | 271.5 |
Total other intangible assets, net |  |  |  | $ | 723.0 |  |  | $ | (232.4) |  |  | $ | 490.6 |
February 2, 2024 |  | Weighted-Average Useful Life in Years |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
Patents |  | 9.9 |  | $ | 18.2 |  |  | $ | (16.2) |  |  | $ | 2.0 |
Customer-related |  | 15.8 |  | 327.6 |  |  | (112.7) |  |  | 214.9 |
Developed technology |  | 7.1 |  | 102.1 |  |  | (65.6) |  |  | 36.5 |
Trade names |  | 13.7 |  | 10.7 |  |  | (4.2) |  |  | 6.5 |
Total finite-lived |  | 13.6 |  | 458.6 |  |  | (198.7) |  |  | 259.9 |
Indefinite-lived - trade names |  |  |  | 271.6 |  |  | — |  |  | 271.6 |
Total other intangible assets, net |  |  |  | $ | 730.2 |  |  | $ | (198.7) |  |  | $ | 531.5 |
October 31, 2024 |  | Weighted-Average Useful Life in Years |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
Patents |  | 9.9 |  | $ | 18.2 |  |  | $ | (16.7) |  |  | $ | 1.5 |
Customer-related |  | 16.0 |  | 319.9 |  |  | (128.0) |  |  | 191.9 |
Developed technology |  | 7.1 |  | 102.9 |  |  | (72.9) |  |  | 30.0 |
Trade names |  | 13.7 |  | 10.7 |  |  | (7.0) |  |  | 3.7 |
Total finite-lived |  | 13.7 |  | 451.7 |  |  | (224.6) |  |  | 227.1 |
Indefinite-lived - trade names |  |  |  | 271.6 |  |  | — |  |  | 271.6 |
Total other intangible assets, net |  |  |  | $ | 723.3 |  |  | $ | (224.6) |  |  | $ | 498.7 |
Schedule of Indefinite-Lived Intangible Assets | The components of other intangible assets, net as of January 31, 2025, February 2, 2024, and October 31, 2024 were as follows (dollars in millions):
January 31, 2025 |  | Weighted-Average Useful Life in Years |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
Patents |  | 9.9 |  | $ | 18.2 |  |  | $ | (16.9) |  |  | $ | 1.3 |
Customer-related |  | 16.0 |  | 319.8 |  |  | (133.2) |  |  | 186.6 |
Developed technology |  | 7.1 |  | 102.8 |  |  | (75.3) |  |  | 27.5 |
Trade names |  | 13.7 |  | 10.7 |  |  | (7.0) |  |  | 3.7 |
Total finite-lived |  | 13.7 |  | 451.5 |  |  | (232.4) |  |  | 219.1 |
Indefinite-lived - trade names |  |  |  | 271.5 |  |  | — |  |  | 271.5 |
Total other intangible assets, net |  |  |  | $ | 723.0 |  |  | $ | (232.4) |  |  | $ | 490.6 |
February 2, 2024 |  | Weighted-Average Useful Life in Years |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
Patents |  | 9.9 |  | $ | 18.2 |  |  | $ | (16.2) |  |  | $ | 2.0 |
Customer-related |  | 15.8 |  | 327.6 |  |  | (112.7) |  |  | 214.9 |
Developed technology |  | 7.1 |  | 102.1 |  |  | (65.6) |  |  | 36.5 |
Trade names |  | 13.7 |  | 10.7 |  |  | (4.2) |  |  | 6.5 |
Total finite-lived |  | 13.6 |  | 458.6 |  |  | (198.7) |  |  | 259.9 |
Indefinite-lived - trade names |  |  |  | 271.6 |  |  | — |  |  | 271.6 |
Total other intangible assets, net |  |  |  | $ | 730.2 |  |  | $ | (198.7) |  |  | $ | 531.5 |
October 31, 2024 |  | Weighted-Average Useful Life in Years |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
Patents |  | 9.9 |  | $ | 18.2 |  |  | $ | (16.7) |  |  | $ | 1.5 |
Customer-related |  | 16.0 |  | 319.9 |  |  | (128.0) |  |  | 191.9 |
Developed technology |  | 7.1 |  | 102.9 |  |  | (72.9) |  |  | 30.0 |
Trade names |  | 13.7 |  | 10.7 |  |  | (7.0) |  |  | 3.7 |
Total finite-lived |  | 13.7 |  | 451.7 |  |  | (224.6) |  |  | 227.1 |
Indefinite-lived - trade names |  |  |  | 271.6 |  |  | — |  |  | 271.6 |
Total other intangible assets, net |  |  |  | $ | 723.3 |  |  | $ | (224.6) |  |  | $ | 498.7 |
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense | As of January 31, 2025, estimated amortization expense for the remainder of fiscal 2025 and succeeding fiscal years is as follows:
(Dollars in millions) |  | January 31, 2025
2025 (remaining) |  | $ | 22.1 |
2026 |  | 28.9 |
2027 |  | 23.9 |
2028 |  | 21.2 |
2029 |  | 20.1 |
2030 |  | 19.5 |
Thereafter |  | 83.4 |
Total estimated amortization expense |  | $ | 219.1 |

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 Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 55 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482640/350-30-55-40 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-2 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 24 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482548/350-20-55-24 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (h) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (g) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 11: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1A Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-2 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance and exist in perpetuity, by either major class or business segment. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 55 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482640/350-30-55-40 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-2 + Details
Name: | us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 55 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482640/350-30-55-40 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a)(3) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-2 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration