Note N – Goodwill and Intangibles

The changes in the carrying amount of goodwill are as follows:


(in thousands)	Auto Parts Locations			Other			Total
Net balance as of August 27, 2016	$	326,703		$	65,184		$	391,887
Goodwill added through acquisition		—			—			—
Goodwill adjustments		—			—			—

Net balance as of August 26, 2017		326,703			65,184			391,887
Goodwill added through acquisition		—			—			—
Goodwill adjustments		(24,058	)		(65,184	)		(89,242	)

Net balance as of August 25, 2018	$	302,645		$	—		$	302,645

During the second quarter of fiscal 2018, the Company recorded impairment charges related to its IMC and AutoAnything businesses as the Company determined that the approximate fair value less costs to sell the businesses was significantly lower than the carrying value of the net assets. The impairment charge for the IMC business is reflected as a component of Auto Parts Locations, and the impairment charge for AutoAnything is reflected as a component of the Other category in our segment reporting. See “Note M – Sale of Assets” for further discussion.

The Company performs its annual goodwill and intangibles impairment test in the fourth quarter of each fiscal year. In the fourth quarter of fiscal 2018, the Company concluded its remaining goodwill was not impaired. In the fourth quarter of fiscal 2017, the Company concluded that its goodwill was not impaired. Total accumulated goodwill impairment as of August 25, 2018 is $107.5 million compared to $18.3 million as of August 26, 2017.

The carrying amounts of intangible assets are included in Other long-term assets as follows:


	August 25, 2018
(in thousands)	Estimated Useful Life		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Amortizing intangible assets:
Technology		3-5 years	$	870	$	(870	)	$	—
Customer relationships		3-10 years		29,376		(19,587	)		9,789

			$	30,246	$	(20,457	)		9,789

Total intangible assets other than goodwill								$	9,789


	August 26, 2017
(in thousands)	Estimated Useful Life		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Amortizing intangible assets:
Technology		3-5 years	$	10,570	$	(9,994	)	$	576
Noncompete agreements		5 years		1,300		(1,223	)		77
Customer relationships		3-10 years		49,676		(24,730	)		24,946

			$	61,546	$	(35,947	)		25,599

Non-amortizing intangible asset:
Trade names									26,900

Total intangible assets other than goodwill								$	52,499

During the second quarter of fiscal 2018, the Company recorded $26.9 million of impairment charges related to AutoAnything’s and IMC’s trade names as the Company determined that the approximate fair value less costs to sell the businesses was significantly lower than the carrying value of the net assets. See “Note M – Sale of Assets” for further discussion. Trade names at August 25, 2018 and August 26, 2017 reflect a total accumulated impairment of $31.0 million and $4.1 million, respectively.

Amortization expense of intangible assets for the years ended August 25, 2018 and August 26, 2017 was $5.1 million and $8.5 million, respectively.

Total future amortization expense for intangible assets that have finite lives, based on the existing intangible assets and their current estimated useful lives as of August 25, 2018, is estimated as follows:


(in thousands)	Total
2019	$	4,173
2020		4,173
2021		1,443
Thereafter		—

	$	9,789