4. Goodwill and long-lived assets

Goodwill

The following table presents the change in goodwill by reportable segment for the six months ended December 29, 2018.


	Electronic		Premier
	Components		Farnell		Total
	(Thousands)
Carrying value at June 30, 2018 (1)	$	479,699	$	501,173	$	980,872
Additions from acquisitions		49,412		—		49,412
Foreign currency translation		(3,454)		(16,262)		(19,716)
Carrying value at December 29, 2018 (1)	$	525,657	$	484,911	$	1,010,568

⁽¹⁾ Includes accumulated impairment of $1,045,110 from fiscal 2009 and $181,440 from fiscal 2018

The Company evaluates each quarter if facts and circumstances indicate that it is more likely than not that the fair value of reporting units is less than its carrying value, which would require the Company to perform an interim goodwill impairment test. Indicators the Company evaluates to determine whether an interim goodwill impairment test is necessary include, but are not limited to (i) a sustained decrease in share price or market capitalization as of any fiscal quarter end, (ii) changes in the macroeconomic or industry environments, (iii) the results of and the amount of time passed since the last goodwill impairment test and (iv) the long-term expected financial performance of its reporting units. During the second quarter of fiscal 2019, the Company concluded that an interim goodwill impairment test was not required.

Intangible Assets

The following table presents the Company’s acquired intangible assets at December 29, 2018, and June 30, 2018, respectively.


	December 29, 2018						June 30, 2018
	Acquired		Accumulated		Net Book		Acquired		Accumulated		Net Book
	Amount		Amortization		Value		Amount		Amortization		Value
	(Thousands)
Customer related	$	291,979	$	(176,415)	$	115,564	$	300,126	$	(148,416)	$	151,710
Trade name		52,680		(20,473)		32,207		54,391		(16,711)		37,680
Technology and other		63,765		(26,557)		37,208		52,793		(22,270)		30,523
	$	408,424	$	(223,445)	$	184,979	$	407,310	$	(187,397)	$	219,913

Intangible asset amortization expense from continuing operations was, and $20.4 million and $21.8 million for the second quarters of fiscal 2019 and 2018, respectively, and $41.2 million and $47.3 million for the first six months of fiscal 2019 and 2018, respectively. Intangible assets have a weighted average remaining useful life of approximately 3 years. The following table presents the estimated future amortization expense for the remainder of fiscal 2019 and the next five fiscal years (in thousands):


Fiscal Year
Remainder of fiscal 2019	$	41,719
2020		81,132
2021		40,358
2022		14,435
2023		5,965
2024		1,370
Total	$	184,979