Goodwill and Other Identifiable Intangible Assets (Tables)

9 Months Ended

Nov. 27, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of goodwill attributable to each business segment

The carrying amount of goodwill attributable to each reporting segment was:  

(In thousands)	Architectural Framing Systems		Architectural Glass		Architectural Services		Large-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 translation	2,370		(334)		—		—		2,036
Balance at February 27, 2021	93,099		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.

Schedule of finite lived intangible assets

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

(In thousands)	Gross Carrying Amount		Accumulated Amortization		Impairment Expense		Foreign Currency Translation		Net
November 27, 2021
Definite-lived intangible assets:
Customer relationships	$	122,961	$	(45,351)	$	—	$	(373)	$	77,237
Other intangibles	41,838		(35,149)		—		(134)		6,555
Total definite-lived intangible assets	164,799		(80,500)		—		(507)		83,792
Indefinite-lived intangible assets:
Trademarks	39,832		—		—		(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 intangibles	41,293		(34,234)		—		643		7,702
Total definite-lived intangible assets	160,940		(74,677)		—		3,958		90,221
Indefinite-lived intangible assets:
Trademarks	45,300		—		(6,300)		832		39,832
Total intangible assets	$	206,240	$	(74,677)	$	(6,300)	$	4,790	$	130,053

Schedule of estimated future amortization expense for identifiable intangible assets

At November 27, 2021, the estimated future amortization expense for definite-lived intangible assets was:

(In thousands)	Remainder of Fiscal 2022		Fiscal 2023		Fiscal 2024		Fiscal 2025		Fiscal 2026
Estimated amortization expense	$	2,075	$	8,262	$	8,082	$	7,638	$	7,621