XML 25 R14.htm IDEA: XBRL DOCUMENT v3.19.2
Goodwill and Other Identifiable Intangible Assets
3 Months Ended
Jun. 01, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Identifiable Intangible Assets
Goodwill and Other Identifiable Intangible Assets

The carrying amount of goodwill attributable to each reporting segment was:  
In thousands
 
Architectural Framing Systems
 
Architectural Glass
 
Architectural Services
 
Large-Scale
Optical
 
Total
Balance at March 3, 2018
 
$
143,308

 
$
25,971

 
$
1,120

 
$
10,557

 
$
180,956

Goodwill adjustments for purchase accounting

 
6,267

 

 

 

 
6,267

Foreign currency translation
 
(1,129
)
 
(262
)
 

 

 
(1,391
)
Balance at March 2, 2019
 
148,446

 
25,709

 
1,120

 
10,557

 
185,832

Foreign currency translation
 
(578
)
 
(17
)
 

 

 
(595
)
Balance at June 1, 2019
 
$
147,868

 
$
25,692

 
$
1,120

 
$
10,557

 
$
185,237




The gross carrying amount of other intangible assets and related accumulated amortization was:
In thousands
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Impairment
 
Foreign
Currency
Translation
 
Net
June 1, 2019
 
 
 
 
 
 
 
 
 
 
Definite-lived intangible assets:
 
 
 
 
 
 
 
 
 
 
Customer relationships
 
$
120,238

 
$
(28,094
)
 
$

 
$
(1,190
)
 
$
90,954

Other intangibles
 
40,847

 
(31,727
)
 

 
(322
)
 
8,798

Total definite-lived intangible assets
 
161,085

 
(59,821
)
 

 
(1,512
)
 
99,752

Indefinite-lived intangible assets:
 
 
 
 
 
 
 
 
 
 
Trademarks
 
45,421

 

 

 
(265
)
 
45,156

Total intangible assets
 
$
206,506

 
$
(59,821
)
 
$

 
$
(1,777
)
 
$
144,908

March 2, 2019
 
 
 
 
 
 
 
 
 
 
Definite-lived intangible assets:
 
 
 
 
 
 
 
 
 
 
Customer relationships
 
$
122,816

 
$
(26,637
)
 
$

 
$
(2,578
)
 
$
93,601

Other intangibles
 
41,697

 
(31,634
)
 

 
(850
)
 
9,213

Total definite-lived intangible assets
 
164,513

 
(58,271
)
 

 
(3,428
)
 
102,814

Indefinite-lived intangible assets:
 
 
 
 
 
 
 
 
 
 
Trademarks
 
49,078

 

 
(3,141
)
 
(516
)
 
45,421

Total intangible assets
 
$
213,591

 
$
(58,271
)
 
$
(3,141
)
 
$
(3,944
)
 
$
148,235


Amortization expense on definite-lived intangible assets was $1.9 million and $4.8 million for the three-month periods ended June 1, 2019 and June 2, 2018, respectively. The amortization expense associated with debt issue costs is included in interest expense, while the remainder is in selling, general and administrative expenses in the consolidated results of operations. At June 1, 2019, the estimated future amortization expense for definite-lived intangible assets was:
In thousands
 
Remainder of Fiscal 2020
 
Fiscal 2021
 
Fiscal 2022
 
Fiscal 2023
 
Fiscal 2024
Estimated amortization expense
 
$
5,930

 
$
7,900

 
$
7,797

 
$
7,438

 
$
7,358