Note 10. Supplementary Information

Impairment Loss (non-cash)

During the 52 weeks ended April 27, 2019, we recorded an impairment loss (non-cash) of $57,748, comprised of $49,282 of goodwill and $8,466 of long-lived assets. During the 52 weeks ended April 28, 2018, we recorded an impairment loss (non-cash) of $313,130 related to goodwill. For information, see Part II - Item 8. Financial Statements and Supplementary Data - Note 2. Summary of Significant Accounting Policies.

Restructuring and Other Charges

Restructuring

During the 52 weeks ended April 27, 2019, we recognized expenses totaling $4,554, which is comprised of severance and transition payments related to senior management changes, and other employee termination and benefit costs. Mr. Patrick Maloney resigned as Executive Vice President, Operations of the Company and President, BNC effective as of April 27, 2019, resulting in $2,500 of severance and transition payments. For additional information, see the Form 8-K dated December 13, 2018, filed with the SEC on December 18, 2018. Additionally, as part of the our cost reduction objectives, various positions were eliminated, resulting in approximately $2,054 in employee termination costs.

During the 52 weeks ended April 28, 2018, we recognized expenses totaling $5,429, which is primarily comprised of severance and transition payments, as well as related expenses, resulting from the resignation of Mr. Max J. Roberts as Chief Executive Officer of the Company. Mr. Michael P. Huseby was appointed to the position of Chief Executive Officer and Chairman of the Board, both effective as of September 19, 2017. For additional information, see the Form 8-K dated July 19, 2017, filed with the SEC on July 20, 2017.

Other Charges

During the 52 weeks ended April 27, 2019, we recognized other charges totaling $2,679, primarily comprised of $2,274 in an actuarial loss for a retirement benefit plan (non-cash), $281 related to additional liabilities for a facility closure, and a write-off of $118 of existing unamortized debt issuance costs.

Intangible Assets

Amortizable intangible assets as of April 27, 2019 and April 28, 2018 are as follows:



		As of April 27, 2019
Amortizable intangible assets	Remaining Life	Gross Carrying Amount		Accumulated Amortization			Total
Customer relationships	1 - 15	$	271,800	$	(101,781	)	$	170,019
Content	3 - 4	19,400		(5,728		)	13,672
Technology ^(a)	1 - 3	9,500		(3,883		)	5,617
Other ^(b)	1 - 9	9,831		(4,161		)	5,670
		$	310,531	$	(115,553	)	$	194,978


(a)	See Impairment Loss (non-cash) discussion above.


(b)	Other consists of recognized intangibles for non-compete agreements, trade names, and favorable leasehold interests.



		As of April 28, 2018
Amortizable intangible assets	Remaining Life	Gross Carrying Amount		Accumulated Amortization			Total
Customer relationships	1 - 16	$	272,419	$	(89,767	)	$	182,652
Content	4	14,500		(2,175		)	12,325
Technology	2 - 8	20,100		(4,080		)	16,020
Other ^(a)	1 - 9	10,853		(2,721		)	8,132
		$	317,872	$	(98,743	)	$	219,129


(a)	Other consists of recognized intangibles for non-compete agreements, trade names and favorable leasehold interests.

All amortizable intangible assets are being amortized over their useful life on a straight-line basis.



Aggregate Amortization Expense:
For the 52 weeks ended April 27, 2019	$	21,314
For the 52 weeks ended April 28, 2018	$	19,056
For the 52 weeks ended April 29, 2017	$	12,095



Estimated Amortization Expense: (Fiscal Year)
2020	$	19,524
2021	$	17,744
2022	$	17,410
2023	$	14,032
2024	$	12,102
After 2024	$	114,166

For additional information about intangible assets, see Part II - Item 8. Financial Statements and Supplementary Data - Note 2. Summary of Significant Accounting Policies and Note 4. Acquisitions.

Goodwill

The following table details the changes in carrying value of goodwill (including foreign currency translation):



Balance at April 29, 2017	$	329,467
Goodwill related to Student Brands acquisition	31,782
Goodwill related to MBS measurement period adjustment	1,163
Impairment loss (non-cash) ^(a)	(313,130		)
Balance at April 29, 2018	$	49,282
Goodwill related to PaperRater acquisition	4,700
Impairment loss (non-cash) ^(a)	(49,282		)
Balance at April 27, 2019	$	4,700


(a)	See Impairment Loss (non-cash) discussion above.

As of April 27, 2019, goodwill of approximately $79,578 was deductible for federal income tax purposes.

For additional information related to goodwill, see Part II - Item 8. Financial Statements and Supplementary Data - Note 2. Summary of Significant Accounting Policies and Note 4. Acquisitions.