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Goodwill and Other Identifiable Intangible Assets
 9 Months Ended
Nov. 27, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Identifiable Intangible Assets Goodwill and Other Intangible Assets
Goodwill
Goodwill represents the excess of the cost over the value of net tangible and identified intangible assets of acquired businesses. We evaluate goodwill for impairment annually as of the first day of our fiscal fourth quarter, or more frequently if events or changes in circumstances indicate that the carrying value of goodwill may not be recoverable.

Based on the impairment analysis performed in the fourth quarter of fiscal 2021, estimated fair value was in excess of carrying value at six of our eight reporting units. However, estimated fair value did not exceed carrying value for two reporting units within the Architectural Framing Systems segment, EFCO and Sotawall. As a result, as of February 27, 2021, we incurred goodwill impairment expense of $46.7 million and $17.1 million in our EFCO and Sotawall reporting units, respectively. The goodwill impairment expense recorded during the year ended February 27, 2021, as reflected in the table below, represents the total accumulated goodwill impairment expenses recorded.

During the third quarter of fiscal 2022, we combined certain reporting units to form two reporting units, following certain structural and leadership changes at the Company, specifically within the Architectural Framing Systems segment. Within this
segment, as a result of integration efforts that are ongoing, leadership over our Wausau, EFCO and Sotawall reporting units have been combined to form the Window and Wall Systems reporting unit, and our Linetec and Tubelite reporting units have been combined to form the Storefront and Finishing Solutions reporting unit. With these organizational changes, Architectural Framing Systems segment management regularly reviews and evaluates the results of the Window and Wall Systems and Storefront and Finishing Solutions reporting units. Additionally, functional leaders in areas such as operations, sales, marketing and general and administrative areas are responsible for allocating resources and reviewing results of the Window and Wall Systems and Storefront and Finishing Solutions reporting units. The goodwill of the five individual pre-integration reporting units was aggregated to the respective combined reporting units. We evaluated goodwill on a qualitative basis prior to and subsequent to this change and concluded no adjustment to the carrying value of goodwill was necessary as a result of this change. In addition, for all reporting units, no qualitative indicators of impairment were identified during the third quarter, and therefore, no interim quantitative goodwill impairment evaluation was performed.

The carrying amount of goodwill attributable to each reporting segment was:  
(In thousands)Architectural Framing SystemsArchitectural GlassArchitectural ServicesLarge-Scale
Optical		Total
Balance at February 29, 2020$148,183 $25,656 $1,120 $10,557 $185,516 
Adjustment (1)
6,315 — — — 6,315 
Impairment expense(63,769)— — — (63,769)
Foreign currency translation2,370 (334)— — 2,036 
Balance at February 27, 202193,099 25,322 1,120 10,557 130,098 
Foreign currency translation(112)(54)— — (166)
Balance at November 27, 2021$92,987 $25,268 $1,120 $10,557 $129,932 
(1) During the first quarter of fiscal 2021, we recorded a $6.3 million increase to goodwill and corresponding increase to deferred tax liabilities to correct an immaterial error related to prior periods. The error was not material to any previously reported annual or interim consolidated financial statements.

Other intangible assets
We have intangible assets for certain acquired trade names and trademarks which are determined to have indefinite useful lives. We test indefinite-lived intangible assets for impairment annually at the same measurement date as goodwill, the first day of our fiscal fourth quarter, or more frequently if events or changes in circumstances indicate that it is more likely than not that the asset is impaired. Based on our analysis, the fair value of each of our trade names and trademarks exceeded carrying amount, except for the EFCO tradename, within our Architectural Framing Systems segment. The fair value determined for the EFCO tradename was less than its carrying value by $6.3 million; this amount was recognized as impairment expense in the fourth quarter ended February 27, 2021, as reflected in the table below.

The gross carrying amount of other intangible assets and related accumulated amortization was:

(In thousands)Gross
Carrying
Amount		Accumulated
Amortization		Impairment ExpenseForeign
Currency
Translation		Net
November 27, 2021
Definite-lived intangible assets:
Customer relationships$122,961 $(45,351)$— $(373)$77,237 
Other intangibles41,838 (35,149)— (134)6,555 
Total definite-lived intangible assets164,799 (80,500)— (507)83,792 
Indefinite-lived intangible assets:
Trademarks39,832 — — (71)39,761 
Total intangible assets$204,631 $(80,500)$— $(578)$123,553 
February 27, 2021
Definite-lived intangible assets:
Customer relationships$119,647 $(40,443)$— $3,315 $82,519 
Other intangibles41,293 (34,234)— 643 7,702 
Total definite-lived intangible assets160,940 (74,677)— 3,958 90,221 
Indefinite-lived intangible assets:
Trademarks45,300 — (6,300)832 39,832 
Total intangible assets$206,240 $(74,677)$(6,300)$4,790 $130,053 
Amortization expense on definite-lived intangible assets was $5.9 million and $5.6 million for the nine-month periods ended November 27, 2021 and November 28, 2020, respectively. Amortization expense of other identifiable intangible assets is included in selling, general and administrative expenses. At November 27, 2021, the estimated future amortization expense for definite-lived intangible assets was:
(In thousands)Remainder of Fiscal 2022Fiscal 2023Fiscal 2024Fiscal 2025Fiscal 2026
Estimated amortization expense$2,075 $8,262 $8,082 $7,638 $7,621