XML 64 R11.htm IDEA: XBRL DOCUMENT

GOODWILL AND OTHER INTANGIBLE ASSETS

12 Months Ended

Oct. 31, 2011

GOODWILL AND OTHER INTANGIBLE ASSETS


5		GOODWILL AND OTHER INTANGIBLE ASSETS

Goodwill – The changes in the net carrying amount of goodwill for fiscal 2011 and 2010 were as follows:



	Professional Segment		Residential Segment		Total

Balance as of October 31, 2009	$75,514		$10,893	$	86,407
Translation and other adjustments	(92	)	85		(7	)

Balance as of October 31, 2010	$75,422		$10,978	$	86,400
Addition from acquisitions	5,765		–		5,765
Translation and other adjustments	(197	)	52		(145	)

Balance as of October 31, 2011	$80,990		$11,030	$	92,020

Other Intangible Assets – The components of other intangible assets were as follows:

October 31, 2011

Estimated
Life
(Years)

Gross
Carrying
Amount

Accumulated
Amortization

Net

Patents

5-13

9,403

(7,505

)

1,898

Non-compete agreements

2-10

6,250

(2,685

)

3,565

Customer-related

5-13

8,189

(2,857

)

5,332

Developed technology

2-10

25,236

(7,016

)

18,220

Trade name

1,500

(250

)

1,250

Other

800

(800

)

–

Total amortizable

51,378

(21,113

)

30,265

Non-amortizable – trade names

5,281

–

5,281

Total other intangible assets, net

56,659

(21,113

)

35,546



October 31, 2010	Estimated Life (Years)		Gross Carrying Amount		Accumulated Amortization			Net

Patents	5-13	$	8,703	$	(7,034	)	$	1,669
Non-compete Agreements	2-10		3,039		(1,910	)		1,129
Customer-related	6-13		7,471		(2,061	)		5,410
Developed Technology	2-10		13,984		(4,511	)		9,473
Other			800		(800	)		–

Total amortizable			33,997		(16,316	)		17,681

Non-amortizable – trade names			5,281		–			5,281

Total other intangible assets, net		$	39,278	$	(16,316	)	$	22,962

Amortization expense for intangible assets for the fiscal years ended October 31, 2011, 2010, and 2009 was $4,967, $2,903, and $2,504, respectively. Estimated amortization expense for the succeeding fiscal years is as follows: 2012, $5,504; 2013, $5,311; 2014, $4,976; 2015, $4,761; 2016, $4,233; and after 2016, $5,480.

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

+ References+ Details