Goodwill and Intangible Assets

12 Months Ended

Oct. 31, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

Goodwill and Intangible Assets

Goodwill:

	(in thousands)
Balance at October 31, 2016	$	2,518,245
Additions	178,545
Effect of foreign currency translation	10,184
Balance at October 31, 2017	$	2,706,974
Additions	443,007
Effect of foreign currency translation	(6,732		)
Balance at October 31, 2018(1)	$	3,143,249

(1) There is no impairment of goodwill for periods presented.

Intangible assets as of October 31, 2018 consist of the following:

	Gross Assets		Accumulated Amortization		Net Assets
	(in thousands)
Core/developed technology	$	773,147	$	598,956	$	174,191
Customer relationships	358,524		204,382		154,142
Contract rights intangible	183,953		177,191		6,762
Trademarks and trade names	42,929		21,944		20,985
In-process research and development (IPR&D)(2)	1,200		—		1,200
Capitalized software development costs	35,818		32,694		3,124
Total	$	1,395,571	$	1,035,167	$	360,404

(2) IPR&D is reclassified to core/developed technology upon completion or is written off upon abandonment.

Intangible assets as of October 31, 2017 consist of the following:

	Gross Assets		Accumulated Amortization		Net Assets
	(in thousands)
Core/developed technology	$	647,975	$	526,796	$	121,179
Customer relationships	278,811		166,886		111,925
Contract rights intangible	174,615		172,178		2,437
Trademarks and trade names	25,329		17,401		7,928
In-process research and development (IPR&D)(2)	6,600		—		6,600
Capitalized software development costs	32,868		29,094		3,774
Total	$	1,166,198	$	912,355	$	253,843

Amortization expense related to intangible assets consisted of the following:

	Year Ended October 31,
	2018		2017		2016
	(in thousands)
Core/developed technology	$	78,820	$	65,916	$	85,331
Customer relationships	37,395		27,340		24,594
Contract rights intangible	4,906		10,886		16,543
Trademarks and trade names	4,543		3,580		3,156
Capitalized software development costs(3)	3,599		3,986		3,697
Total	$	129,263	$	111,708	$	133,321

(3) Amortization of capitalized software development costs is included in cost of products revenue in the consolidated statements of operations.

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

Fiscal Year	(in thousands)
2019	$	102,605
2020	78,074
2021	55,850
2022	44,009
2023	29,219
2024 and thereafter	49,447
IPR&D(4)	1,200
Total	$	360,404

(4) IPR&D assets are amortized over their useful lives upon completion or are written off upon abandonment.