Goodwill and indefinite-lived intangible assets are reviewed for impairment at least annually during the fourth quarter and more frequently if events or changes in circumstances indicate an impairment may have occurred prior to the annual assessment. No impairments were identified during Fiscal 2026 and 2025. However, during Fiscal 2026, we observed a reduction in the fair value cushion for the Chris-Craft trade name, as the estimated fair value exceeded its $29.3 million carrying value by less than 10%. A sustained decline in revenues, or other adverse changes in macroeconomic or industry conditions could result in an impairment charge in a future reporting period. During our Fiscal 2024 impairment assessment, we recognized a $30.3 million impairment charge within the marine segment equal to the full carrying value of goodwill associated with the Chris-Craft reporting unit. The amount of accumulated impairments to goodwill as of August 29, 2026 and August 30, 2025 was $30.3 million.

The valuation used to test goodwill for impairment is dependent upon a number of significant estimates and assumptions, including macroeconomic conditions, growth rates, competitive activities, cost containment, margin expansion and our business plans. We believe these estimates and assumptions are reasonable. However, future changes in the judgments, assumptions and estimates that are used in our goodwill impairment analysis, including discount and tax rates or future cash flow projections, could result in significantly different estimates of the fair values.

Other intangible assets, net of accumulated amortization, consist of the following:


	August 29, 2026
(in millions)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Value
Indefinite-lived trade names	$	352.3	$	—	$	352.3
Finite-lived trade name	4.1		1.9		2.2
Dealer networks/customer relationships	183.6		122.7		60.9
Backlog	43.6		43.6		—
Developed technology	38.3		18.4		19.9
Non-compete agreements	6.6		6.6		—
Other intangible assets	$	628.5	$	193.2	$	435.3

	August 30, 2025
(in millions)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Value
Indefinite-lived trade names	$	352.3	$	—	$	352.3
Finite-lived trade name	4.1		1.4		2.7
Dealer networks/customer relationships	183.6		107.1		76.5
Backlog	43.6		43.6		—
Developed technology	38.3		12.9		25.4
Non-compete agreements	6.6		6.6		—
Other intangible assets	$	628.5	$	171.6	$	456.9

Estimated future amortization expense related to finite-lived intangible assets is as follows:


(in millions)	Amortization
Fiscal 2027	$	21.7
Fiscal 2028	21.4
Fiscal 2029	15.5
Fiscal 2030	12.3
Fiscal 2031	7.8
Thereafter	4.3
Total amortization expense remaining	$	83.0