
	Nine Months Ended August 30, 2026
	Americas		Europe		Asia		Beyond Yoga®		Total

	(Dollars in millions)
Balance, November 30, 2025
Goodwill	$	246.3	$	39.0	$	3.0	$	123.6	$	411.9
Accumulated impairment losses	(2.5)		(17.1)		—		(111.7)		(131.3)
	243.8		21.9		3.0		11.9		280.6

Goodwill acquired during the year	—		1.1		—		—		1.1
Foreign currency fluctuation	3.1		0.1		0.1		—		3.3
Balance, August 30, 2026
Goodwill	249.4		40.2		3.1		123.6		416.3
Accumulated impairment losses	(2.5)		(17.1)		—		(111.7)		(131.3)
	$	246.9	$	23.1	$	3.1	$	11.9	$	285.0


	Nine Months Ended August 31, 2025
	Americas		Europe		Asia		Beyond Yoga®		Total

	(Dollars in millions)
Balance, December 1, 2024
Goodwill	$	242.7	$	37.2	$	2.9	$	123.6	$	406.4
Accumulated impairment losses	—		(17.1)		—		(111.7)		(128.8)
	242.7		20.1		2.9		11.9		277.6
Impairment losses	(2.5)		—		—		—		(2.5)
Foreign currency fluctuation	1.7		2.0		—		—		3.7
Balance, August 31, 2025
Goodwill	244.4		39.2		2.9		123.6		410.1
Accumulated impairment losses	(2.5)		(17.1)		—		(111.7)		(131.3)
	$	241.9	$	22.1	$	2.9	$	11.9	$	278.8

During the third quarters of 2026 and 2025, as part of the Company’s annual review of the Beyond Yoga® reporting unit, the Company elected to perform a single step quantitative impairment test on the goodwill and indefinite lived trademark intangible assigned to the Beyond Yoga® reporting unit. The Company engaged third-party valuation specialists and used industry accepted valuation models and criteria that were reviewed and approved by various levels of management. The Company assessed the fair value of the Beyond Yoga® reporting unit using the discounted cash flow method under the income approach, utilizing estimated cash flows and a terminal value, discounted at a rate of return that reflects the relative risk of the cash flows. The trademark fair value was determined using the relief-from-royalty method to utilize the discounted projected future cash flows. Although the fair values of the Beyond Yoga® reporting unit and the indefinite lived trademark intangible exceeded their carrying values in both 2026 and 2025, the fair values of the Beyond Yoga® reporting unit were less than 10% over their carrying values in both 2026 and 2025 and the fair value of the indefinite lived trademark intangible was less than 10% over its carrying value in 2025.

The significant assumptions used in the assessment of the fair value of the reporting unit in both 2026 and 2025 included revenue growth rates, profit margins, operating expenses, capital expenditures, terminal value and a discount rate. The significant assumptions used in the assessment of the fair value of the trademark intangible asset in both 2026 and 2025 included revenue growth rates, a discount rate and a royalty rate. As our long-term strategies change, planned business performance expectations are not met over time, or specific valuation factors outside of our control, such as discount rates, change significantly, then the estimated fair values of the Beyond Yoga® reporting unit, the Beyond Yoga® indefinite-lived trademark intangible asset, or both might decline and lead to impairment charges in the future. Several factors could impact the Beyond Yoga® brand's ability to achieve expected future cash flows, including the success of retail store and international expansion, store and e-commerce productivity, the impact of promotional activity, continued economic volatility and potential operational challenges related to macroeconomic factors and other strategic initiatives to drive increased profitability.


	August 30, 2026						November 30, 2025
	Gross Carrying Value		Accumulated Amortization		Total		Gross Carrying Value		Accumulated Amortization		Total

	(Dollars in millions)
Non-amortized intangible assets:
Trademarks	$	177.9	$	—	$	177.9	$	177.9	$	—	$	177.9
Amortized intangible assets:
Customer relationships and other	41.5		(26.5)		15.0		39.7		(23.2)		16.5
Total	$	219.4	$	(26.5)	$	192.9	$	217.6	$	(23.2)	$	194.4