Goodwill and Intangible Assets (Tables)

3 Months Ended

Jan. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The changes in the carrying amount of goodwill during the three months ended January 31, 2023 were as follows:

	(in thousands)
Balance at October 31, 2022	$	3,842,234
Adjustments	335
Effect of foreign currency translation	22,264
Balance at January 31, 2023	$	3,864,833

Summary of Intangible Assets

Intangible assets as of January 31, 2023 consisted of the following:

	Gross Carrying Amount		Accumulated Amortization		Net Amount
	(in thousands)
Core/developed technology	$	1,083,703	$	831,495	$	252,208
Customer relationships	426,705		340,271		86,434
Contract rights intangible	191,859		189,826		2,033
Trademarks and trade names	52,795		34,947		17,848
Capitalized software development costs	49,215		46,584		2,631
Total	$	1,804,277	$	1,443,123	$	361,154

Intangible assets as of October 31, 2022 consisted of the following:

	Gross Carrying Amount		Accumulated Amortization		Net Amount
	(in thousands)
Core/developed technology	$	1,083,703	$	813,226	$	270,477
Customer relationships	426,242		333,984		92,258
Contract rights intangible	190,666		188,262		2,404
Trademarks and trade names	52,795		34,054		18,741
Capitalized software development costs	48,591		46,025		2,566
Total	$	1,801,997	$	1,415,551	$	386,446

Amortization Expense Related to Intangible Assets

Amortization expense related to intangible assets consisted of the following:

	Three Months Ended   January 31,
	2023		2022
	(in thousands)
Core/developed technology	$	18,269	$	12,848
Customer relationships	5,824		8,185
Contract rights intangible	371		727
Trademarks and trade names	893		600
Capitalized software development costs(1)	559		752
Total	$	25,916	$	23,112

(1) Amortization of capitalized software development costs is included in cost of products revenue in the condensed consolidated statements of income.

Estimated Future Amortization of Intangible Assets

The following table presented the estimated future amortization of intangible assets as of January 31, 2023:

Fiscal year	(in thousands)
Remainder of fiscal 2023	$	73,629
2024	88,333
2025	71,191
2026	58,688
2027	38,487
2028 and thereafter	30,826
Total	$	361,154