Goodwill and Intangible Assets

9 Months Ended

Jul. 31, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill as of July 31, 2016 and October 31, 2015 consisted of the following:



	(in thousands)
As of October 31, 2015	$	2,471,241
Additions	39,062
Adjustments(1)	435
Effect of foreign currency translation	4,353
As of July 31, 2016	$	2,515,091


(1)	Adjustments relate to changes in estimates for acquisitions that closed in the prior fiscal year for which the purchase price allocation was finalized during the reporting period.

Intangible assets as of July 31, 2016 consisted of the following:



	Gross Assets		Accumulated Amortization		Net Assets
	(in thousands)
Core/developed technology	$	610,809	$	440,926	$	169,883
Customer relationships	235,925		134,102		101,823
Contract rights intangible	168,534		156,787		11,747
Covenants not to compete	2,530		2,530		—
Trademarks and trade names	20,729		13,040		7,689
Capitalized software development costs	28,470		24,176		4,294
Total	$	1,066,997	$	771,561	$	295,436

Intangible assets as of October 31, 2015 consisted of the following:



	Gross Assets		Accumulated Amortization		Net Assets
	(in thousands)
Core/developed technology	$	584,293	$	375,395	$	208,898
Customer relationships	231,908		115,170		116,738
Contract rights intangible	165,623		141,763		23,860
Covenants not to compete	2,530		2,530		—
Trademarks and trade names	20,729		10,665		10,064
Capitalized software development costs	25,511		21,412		4,099
Total	$	1,030,594	$	666,935	$	363,659

Amortization expense related to intangible assets consisted of the following:



	Three Months Ended July 31,				Nine Months Ended July 31,
	2016		2015		2016		2015
	(in thousands)
Core/developed technology	$	21,673	$	18,822	$	65,536	$	54,639
Customer relationships	6,333		5,443		18,820		16,906
Contract rights intangible	2,720		7,917		13,827		23,595
Trademarks and trade names	792		709		2,374		2,107
Capitalized software development costs(2)	927		916		2,764		2,732
Total	$	32,445	$	33,807	$	103,321	$	99,979

(2) Amortization of capitalized software development costs is included in cost of license revenue in the unaudited condensed consolidated statements of operations.

The following table presents the estimated future amortization of the existing intangible assets:



Fiscal Year	(in thousands)
Remainder of fiscal 2016	$	29,966
2017	96,510
2018	70,492
2019	46,540
2020	31,677
2021 and thereafter	20,251
Total	$	295,436

- 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.

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