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Goodwill and Intangible Assets (Tables)
6 Months Ended
Apr. 30, 2019
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Goodwill by Segment and Change in Net Carrying Value of Goodwill

The table below represents goodwill by segment:

 

 

 

April 30,

2019

 

 

October 31,

2018

 

Fire & Emergency

 

$

88.6

 

 

$

88.6

 

Commercial

 

 

28.7

 

 

 

28.7

 

Recreation

 

 

42.5

 

 

 

44.5

 

Total goodwill

 

$

159.8

 

 

$

161.8

 

 

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

 

 

 

Six Months Ended

April 30,

 

 

 

2019

 

 

2018

 

Balance at beginning of period

 

$

161.8

 

 

$

133.2

 

Activity during the period:

 

 

 

 

 

 

 

 

Activity from prior year acquisitions

 

 

(2.0

)

 

 

2.4

 

Activity from current year acquisitions

 

 

 

 

 

51.4

 

Balance at end of period

 

$

159.8

 

 

$

187.0

 

Summary of Intangible Assets Excluding Goodwill

Intangible assets (excluding goodwill) consisted of the following:

 

 

 

Weighted-

Average Life

 

 

April 30,

2019

 

 

October 31,

2018

 

Finite-lived intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

 

8.0

 

 

$

126.7

 

 

$

124.7

 

Order backlog

 

 

1.0

 

 

 

6.7

 

 

 

6.7

 

Non-compete agreements

 

 

5.0

 

 

 

2.0

 

 

 

2.0

 

Trade names

 

 

7.0

 

 

 

3.5

 

 

 

3.5

 

Technology-related

 

 

7.0

 

 

 

0.7

 

 

 

0.7

 

 

 

 

 

 

 

 

139.6

 

 

 

137.6

 

Less: accumulated amortization

 

 

 

 

 

 

(87.8

)

 

 

(78.9

)

 

 

 

 

 

 

 

51.8

 

 

 

58.7

 

Indefinite-lived trade names

 

 

 

 

 

 

115.9

 

 

 

115.9

 

Total intangible assets, net

 

 

 

 

 

$

167.7

 

 

$

174.6