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Goodwill and Other Intangible Assets
 12 Months Ended
Nov. 29, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND OTHER INTANGIBLE ASSETS GOODWILL AND OTHER INTANGIBLE ASSETS
The changes in the carrying amount of goodwill by business segment for the years ended November 29, 2020 and November 24, 2019, were as follows:
AmericasEuropeAsiaTotal
(Dollars in thousands)
Balance, November 25, 2018$207,731 $27,264 $1,251 $236,246 
Additions— — 321 321 
Foreign currency fluctuation18 (729)(68)(779)
Balance, November 24, 2019207,749 26,535 1,504 235,788 
Additions(1)
22,445 207 1,710 24,362 
Foreign currency fluctuation2,782 1,928 (92)4,618 
Balance, November 29, 2020$232,976 $28,670 $3,122 $264,768 
_____________
(1)Additions to goodwill in fiscal year 2020 relate to business acquisitions, primarily the South American distributor TJC. Refer to Note 1 for more information.

Other intangible assets, net, were as follows:
November 29, 2020November 24, 2019
Gross
Carrying
Value		Accumulated
Amortization		TotalGross
Carrying
Value		Accumulated
Amortization		Total
(Dollars in thousands)
Non-amortized intangible assets:
Trademarks$42,743 $— $42,743 $42,743 $— $42,743 
Amortized intangible assets:
Customer relationships and other9,786 (5,103)4,683 448 (409)39 
Total$52,529 $(5,103)$47,426 $43,191 $(409)$42,782 
The amortization of these intangible assets in the year ended November 29, 2020 is $5.2 million. Amortization expense for the years ended November 24, 2019 and November 25, 2018 is immaterial. Estimated amortization expense is $0.7 million in 2021 and immaterial thereafter.
The Company performed its annual goodwill impairment assessment over material reporting units. The fair values of the reporting units were estimated using the income approach or a weighted average of the income and market approaches. The annual assessment concluded that the fair values of the reporting units were in excess of their respective carrying values. The Company does not anticipate any material impairment charges in the near-term. As of November 29, 2020, there was no impairment to the carrying value of the Company's goodwill.
The Company performed a quantitative impairment assessment over material indefinite-lived intangible assets, primarily the U.S. Levi’s® trade name. To estimate the fair value of the trade name, the relief from royalty method under the income approach was used. The assessment concluded that the fair value of the trade name exceeded its carrying value. The Company does not anticipate any material impairment charges in the near-term. As of November 29, 2020, there was no impairment to the carrying value of the Company's non-amortized intangible assets.