Note 4 – Intangibles and Other Assets, net

Intangible assets that are determined to have finite lives are amortized over their useful lives. Intangible assets with indefinite useful lives are not amortized and are periodically evaluated for impairment.

The following table summarizes the Company’s identifiable intangible and other assets balance:


(In thousands)	February 28, 2018			August 31, 2017
Intangible assets subject to amortization:
Customer relationships	$	64,521		$	64,521
Accumulated amortization		(41,847	)		(40,153	)
Other intangibles		17,155			20,207
Accumulated amortization		(6,020	)		(4,866	)

		33,809			39,709
Intangible assets not subject to amortization		4,254			912
Prepaid and other assets		14,676			16,914
Nonqualified savings plan investments		24,710			20,974
Revolving notes issuance costs, net		2,209			2,623
Assets held for sale		3,650			4,045

Total Intangible and other assets, net	$	83,308		$	85,177

Amortization expense for the three and six months ended February 28, 2018 was $1.4 million and $2.7 million and for the three and six months ended February 28, 2017 was $0.9 million and $2.6 million. Amortization expense for the years ending August 31, 2018, 2019, 2020, 2021 and 2022 is expected to be $5.8 million, $5.4 million, $5.7 million, $5.4 million and $4.0 million.