Goodwill and Intangible Assets (Tables)

6 Months Ended

May 31, 2014

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Summary of Intangible Assets

The gross carrying value, accumulated amortization and net carrying value of the major classes of intangible assets relating to the Motorsports Event segment are as follows (in thousands):

	November 30, 2013
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Amortized intangible assets:
Food, beverage and merchandise contracts	$	10	$	8	$	2
Other	92		72		20
Total amortized intangible assets	102		80		22
Non-amortized intangible assets:
NASCAR — sanction agreements	177,813		—		177,813
Other	793		—		793
Total non-amortized intangible assets	178,606		—		178,606
Total intangible assets	$	178,708	$	80	$	178,628
	May 31, 2014
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Amortized intangible assets:
Food, beverage and merchandise contracts	$	714	$	49	$	665
Other	92		79		13
Total amortized intangible assets	806		128		678
Non-amortized intangible assets:
NASCAR — sanction agreements	177,813		—		177,813
Other	793		—		793
Total non-amortized intangible assets	178,606		—		178,606
Total intangible assets	$	179,412	$	128	$	179,284

Current and Expected Amortization Expense of Intangible Assets

The following table presents current and expected amortization expense of the existing intangible assets as of May 31, 2014 for each of the following periods (in thousands):

Amortization expense for the six months ended May 31, 2014	$	48
Remaining estimated amortization expense for the year ending November 30:
2014	54
2015	110
2016	104
2017	103
2018	103