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Intangible Assets and Goodwill
3 Months Ended
Feb. 29, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets and Goodwill Intangible Assets and Goodwill

Intangible Assets

Intangible assets are comprised of the following significant classes (in thousands):
 
 
February 29, 2020
 
November 30, 2019
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net Book
Value
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net Book
Value
Purchased technology
$
135,186

 
$
(107,612
)
 
$
27,574

 
$
135,186

 
$
(105,967
)
 
$
29,219

Customer-related
134,042

 
(77,633
)
 
56,409

 
134,042

 
(74,175
)
 
59,867

Trademarks and trade names
24,740

 
(16,551
)
 
8,189

 
24,740

 
(16,043
)
 
8,697

Non-compete agreement
2,000

 
(557
)
 
1,443

 
2,000

 
(391
)
 
1,609

Total
$
295,968

 
$
(202,353
)
 
$
93,615

 
$
295,968

 
$
(196,576
)
 
$
99,392



In the first quarter of fiscal years 2020 and 2019, amortization expense related to intangible assets was $5.8 million and $8.6 million, respectively.

During the fourth quarter of fiscal year 2019, we evaluated the ongoing value of the intangible assets associated with the technology obtained in connection with the acquisitions of DataRPM and Kinvey. As a result of our decision to reduce our current and ongoing spending levels within our cognitive application product lines, which consist primarily of our DataRPM and Kinvey products, we determined that the intangible assets were fully impaired and incurred an impairment charge of $22.7 million (Note 4).

Future amortization expense for intangible assets as of February 29, 2020 is as follows (in thousands):
 
Remainder of 2020
$
17,458

2021
23,117

2022
22,136

2023
21,860

2024
9,044

Total
$
93,615



Goodwill

Changes in the carrying amount of goodwill in the three months ended February 29, 2020 are as follows (in thousands):

Balance, November 30, 2019
$
432,824

Translation adjustments
(35
)
Balance, February 29, 2020
$
432,789



Changes in the goodwill balances by reportable segment in the three months ended February 29, 2020 are as follows (in thousands):
 
November 30, 2019
 
Translation adjustments
 
February 29, 2020
OpenEdge
$
366,819

 
$
(35
)
 
$
366,784

Data Connectivity and Integration
19,040

 

 
19,040

Application Development and Deployment
46,965

 

 
46,965

Total goodwill
$
432,824

 
$
(35
)
 
$
432,789



During the quarter ending February 29, 2020, no triggering events occurred that would indicate that it is more likely than not that the carrying values of any of our reporting units exceeded their fair values.