4. Goodwill and long-lived assets

Goodwill

The following table presents the change in goodwill by reportable segment for the nine months ended March 30, 2019.


	Electronic		Premier
	Components		Farnell		Total
	(Thousands)
Carrying value at June 30, 2018 (1)	$	479,699	$	501,173	$	980,872
Additions from acquisitions		49,405		—		49,405
Foreign currency translation		(2,309)		(536)		(2,845)
Carrying value at March 30, 2019 (1)	$	526,795	$	500,637	$	1,027,432

⁽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 its reporting units is less than their 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 third quarter of fiscal 2019, the Company concluded that an interim goodwill impairment test was not required.

During the third quarter of fiscal 2018, the Company impaired all of the goodwill in the Americas reporting unit and recorded $181.4 million of goodwill impairment expense, which is classified within goodwill impairment expense in the Consolidated Statements of Operations.

Intangible Assets

The following table presents the Company’s acquired intangible assets at March 30, 2019, and June 30, 2018, respectively.


	March 30, 2019						June 30, 2018
	Acquired		Accumulated		Net Book		Acquired		Accumulated		Net Book
	Amount		Amortization		Value		Amount		Amortization		Value
	(Thousands)
Customer related	$	299,155	$	(196,551)	$	102,604	$	300,126	$	(148,416)	$	151,710
Trade name		54,267		(23,212)		31,055		54,391		(16,711)		37,680
Technology and other		64,740		(30,024)		34,716		52,793		(22,270)		30,523
	$	418,162	$	(249,787)	$	168,375	$	407,310	$	(187,397)	$	219,913

Intangible asset amortization expense from continuing operations was $21.9 million and $22.6 million for the third quarters of fiscal 2019 and 2018, respectively, and $63.1 million and $69.9 million for the first nine months of fiscal 2019 and 2018, respectively. Intangible assets have a weighted average remaining useful life of approximately 2 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	$	21,179
2020		83,522
2021		41,493
2022		14,774
2023		6,043
2024		1,364
Total	$	168,375