The Company assesses goodwill and other intangible assets with indefinite lives for impairment annually or more frequently if indicators arise. The Company monitors impairment indicators in light of changes in market conditions, near and long-term demand for the Company’s products and other relevant factors.


	August 31, 2026		May 31, 2026		August 31, 2025
Gross beginning balance	$	239.0	$	238.5	$	238.5
Accumulated impairment		(39.6)		(39.6)		(39.6)
Beginning balance	$	199.4	$	198.9	$	198.9

Foreign currency translation		(0.2)		0.5		0.8



Ending balance	$	199.2	$	199.4	$	199.7

The following table summarizes the activity on a year-to-date basis in Other intangible assets for the periods indicated:


	August 31, 2026		May 31, 2026		August 31, 2025





Beginning balance - Other intangibles subject to amortization	$	75.8	$	85.8	$	85.8


Amortization expense		(2.8)		(11.3)		(2.8)
Foreign currency translation		(0.3)		1.3		1.5

Total other intangibles subject to amortization, net of accumulated amortization of $64.4, $61.6 and $53.1, respectively	$	72.7	$	75.8	$	84.5


Total other intangibles not subject to amortization	$	2.1	$	2.1	$	2.1
Total other intangible assets, net	$	74.8	$	77.9	$	86.6

There were no impairment charges related to Other intangible assets in any of the periods presented.

Other intangible assets with indefinite lives consist principally of trademark and trade name rights. Other intangible assets with definite lives consist principally of customer lists, customer contracts/relationships, intellectual property, trade names and internally developed software. Intangible assets with definite lives are amortized over their estimated useful lives. The weighted-average remaining useful lives of all amortizable intangible assets is approximately 7.3 years.