Note 5: Goodwill and Other Intangible Assets

The goodwill activity by reportable segment for the six months ended May 30, 2026 is presented below:

Balances of amortizable identifiable intangible assets, excluding goodwill and other non-amortizable intangible assets, are as follows:

Amortization expense with respect to amortizable intangible assets was $21,635 and $21,563 for the three months ended May 30, 2026 and May 31, 2025, respectively, and was $43,646 and $42,443 for the six months ended May 30, 2026 and May 31, 2025, respectively.

Estimated aggregate amortization expense based on the current carrying value of amortizable intangible assets for the next five fiscal years is as follows:

The above amortization expense forecast is an estimate. Actual amounts may change from such estimated amounts due to fluctuations in foreign currency exchange rates, additional intangible asset acquisitions, potential impairment, accelerated amortization or other events.