Goodwill And Other Identifiable Intangible Assets

6 Months Ended

Aug. 27, 2011

Goodwill And Other Identifiable Intangible Assets

Goodwill And Other Identifiable Intangible Assets

8. Goodwill and Other Identifiable Intangible Assets

The carrying amount of goodwill, net of accumulated amortization, attributable to each business segment as of the six months ended August 27, 2011, is detailed below.

(In thousands)	Architectural		Large-Scale Optical		Total
Balance at February 26, 2011	$	55,716	$	10,557	$	66,273
Foreign currency translation		476		—		476
Balance at August 27, 2011	$	56,192	$	10,557	$	66,749

The Company's identifiable intangible assets with finite lives are being amortized over their estimated useful lives and were as follows:

	August 27, 2011
(In thousands)	Gross Carrying Amount		Accumulated Amortization			Foreign Currency Translation		Net
Debt issue costs	$	2,829	$	(1,700	)	$	—	$	1,129
Non-compete agreements		6,880		(5,096	)		40		1,824
Customer relationships		16,069		(7,637	)		233		8,665
Purchased intellectual property		8,559		(1,603	)		165		7,121
Total	$	34,337	$	(16,036	)	$	438	$	18,739
	February 26, 2011
(In thousands)	Gross Carrying Amount		Accumulated Amortization			Foreign Currency Translation		Net
Debt issue costs	$	2,763	$	(1,534	)	$	—	$	1,229
Non-compete agreements		6,803		(4,712	)		19		2,110
Customer relationships		15,966		(6,906	)		103		9,163
Purchased intellectual property		8,487		(1,406	)		72		7,153
Total	$	34,019	$	(14,558	)	$	194	$	19,655

Amortization expense on these identifiable intangible assets was $1.5 million and $1.2 million for the six months ended August 27, 2011 and August 28, 2010, respectively. The amortization expense associated with the debt issue costs is included in interest expense while the remainder is in selling, general and administrative expenses in the consolidated results of operations. At August 27, 2011, the estimated future amortization expense for identifiable intangible assets for the remainder of fiscal 2012 and all of the following four fiscal years is as follows:

(In thousands)	Remainder of Fiscal 2012		Fiscal 2013		Fiscal 2014		Fiscal 2015		Fiscal 2016
Estimated amortization expense	$	1,732	$	2,805	$	2,076	$	1,571	$	1,325