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Goodwill and Intangible Assets

12 Months Ended

Oct. 31, 2018

Goodwill And Intangible Assets Disclosure [Abstract]

Note 7. Goodwill and Intangible Assets

The table below represents goodwill by segment:

	October 31, 2018		October 31, 2017
Fire & Emergency	$	88.6	$	88.3
Commercial		28.7		28.7
Recreation		44.5		16.2
Total goodwill	$	161.8	$	133.2

The change in the net carrying value amount of goodwill consisted of the following:

	October 31, 2018			October 31, 2017
Balance at beginning of period	$	133.2		$	84.5
Activity during the year:
Activity from prior year acquisitions		2.4			—
Activity from current year acquisitions		27.5			48.7
Activity attributable to assets held for sale		(1.3	)		—
Balance at end of period	$	161.8		$	133.2

Intangible assets (excluding goodwill) consisted of the following:

	Weighted- Average Life		October 31, 2018			October 31, 2017
Finite-lived intangible assets:
Customer relationships		8.0		124.7			112.0
Order backlog		1.0		6.7			4.7
Non-compete agreements		5.0		2.0			2.0
Trade names		7.0		3.5			3.5
Technology-related		7.0		0.7			1.7
				137.6			123.9
Less: accumulated amortization				(78.9	)		(62.1	)
				58.7			61.8
Indefinite-lived trade names				115.9			106.1
Total intangible assets, net			$	174.6		$	167.9

Amortization expense was $18.1 million, $14.9 million and $9.4 million for fiscal years 2018, 2017 and 2016, respectively. The estimated future amortization expense of intangible assets for the subsequent five fiscal years is as follows: 2019—$15.0 million, 2020—$11.5 million, 2021—$8.6 million, 2022—$8.2 million and 2023—$5.7 million.