v3.26.1
Goodwill and Intangible Assets
6 Months Ended
Apr. 30, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
Goodwill
The change in the carrying amount of goodwill for the six months ended April 30, 2026 was as follows (in thousands):
Six Months Ended
 April 30, 2026
Beginning balance as of November 1, 2025
$271,346 
Foreign currency translation adjustment3,404 
Balance as of the end of the period$274,750 
As of April 30, 2026, we have ten reporting units, seven of which comprised our current goodwill balance. These ten reporting units are aggregated into our three reportable segments. See Note 12, “Segment Information” for a summary of the change in the carrying amount of goodwill by segment.
Identifiable Intangible Assets
Amortizable intangible assets consisted of the following as of April 30, 2026 and October 31, 2025 (in thousands):
 April 30, 2026October 31, 2025
Gross Carrying
Amount
Accumulated
Amortization
Gross Carrying
Amount
Accumulated
Amortization
Customer relationships$509,759 $155,891 $506,473 $141,462 
Trademarks and trade names242,419 66,064 240,622 59,833 
Patents and other technology26,128 22,956 26,105 22,768 
Total$778,306 $244,911 $773,200 $224,063 
We had amortization expense related to intangible assets for the three and six months ended April 30, 2026 of $9.8 million and $19.5 million, respectively, compared to $6.5 million and $17.1 million for the comparable prior year periods, respectively. Amortization expense for the six months ended April 30, 2025 included a one-time adjustment of $3.5 million.
Estimated remaining amortization expense, assuming current intangible balances and no new acquisitions, for future fiscal years as of April 30, 2026 (in thousands):
Estimated
Amortization Expense
2026 (remaining six months)$19,591 
202739,181 
202833,948 
202933,931 
203032,484 
Thereafter374,260 
Total$533,395