Note 6 - Goodwill and Other Intangible Assets

3 Months Ended

Feb. 29, 2020

Notes to Financial Statements

Goodwill and Intangible Assets Disclosure [Text Block]

6. Goodwill and Other Intangible Assets

Goodwill and other intangible assets consisted of the following:

	February 29, 2020
	Gross Carrying Amount		Accumulated Amortization			Intangible Assets, Net
Intangibles subject to amortization
Customer relationships	$	3,550	$	(1,152	)	$	2,398
Technology - customized applications		834		(606	)		228
Total intangible assets subject to amortization	$	4,384	$	(1,758	)		2,626
Intangibles not subject to amortization:
Trade names							9,338
Goodwill							14,117
Total goodwill and other intangible assets						$	26,081

	November 30, 2019
	Gross Carrying Amount		Accumulated Amortization			Intangible Assets, Net
Intangibles subject to amortization
Customer relationships	$	3,550	$	(1,088	)	$	2,462
Technology - customized applications		834		(575	)		259
Total intangible assets subject to amortization	$	4,384	$	(1,663	)		2,721
Intangibles not subject to amortization:
Trade names							9,338
Goodwill							14,117
Total goodwill and other intangible assets						$	26,176

The carrying amount of our goodwill included accumulated impairment losses of $1,926 as of February 29, 2020 and November 30, 2019.

The carrying amounts of goodwill by reportable segment at both February 29, 2020 and November 30, 2019 were as follows:

Wholesale	$	9,188
Retail		-
Logistical services		4,929
Total goodwill	$	14,117

Amortization expense associated with intangible assets during the quarters ended February 29, 2020 and March 2, 2019 was as follows:

	Quarter Ended
	February 29, 2020		March 2, 2019
Intangible asset amortization expense	$	95	$	95

Estimated future amortization expense for intangible assets that exist at February 29, 2020 is as follows:

Remainder of fiscal 2020	$	284
Fiscal 2021		379
Fiscal 2022		279
Fiscal 2023		259
Fiscal 2024		259
Fiscal 2025		259
Thereafter		907
Total	$	2,626