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Goodwill and Other Intangible Assets | 12 Months Ended
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Nov. 28, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND OTHER INTANGIBLE ASSETS | GOODWILL AND OTHER INTANGIBLE ASSETS The changes in the carrying amount of goodwill by business segment for the years ended November 28, 2021 and November 29, 2020, were as follows:
| Americas |  | Europe |  | Asia |  | Other Brands |  | Total
| (Dollars in thousands)
Balance, November 24, 2019 | $ | 207,749 |  |  | $ | 26,535 |  |  | $ | 1,504 |  |  | $ | — |  |  | $ | 235,788 |
Additions(1) | 22,445 |  |  | 207 |  |  | 1,710 |  |  | — |  |  | 24,362 |
Foreign currency fluctuation | 2,782 |  |  | 1,928 |  |  | (92) |  |  | — |  |  | 4,618 |
Balance, November 29, 2020 | 232,976 |  |  | 28,670 |  |  | 3,122 |  |  | — |  |  | 264,768 |
Additions(2) | — |  |  | 1,761 |  |  | — |  |  | 123,658 |  |  | 125,419 |
Foreign currency fluctuation | (1,597) |  |  | (1,639) |  |  | (71) |  |  | — |  |  | (3,307) |
Balance, November 28, 2021 | $ | 231,379 |  |  | $ | 28,792 |  |  | $ | 3,051 |  |  | $ | 123,658 |  |  | $ | 386,880 |
_____________ (1)Additions to goodwill in fiscal year 2020 relate to business acquisitions, primarily the South American distributor TJC. Refer to Note 4 for more information. (2)Additions to Other Brands goodwill in fiscal year 2021 relates to the acquisition of Beyond Yoga®. Refer to Note 4 for more information. Other intangible assets, net, were as follows:
| November 28, 2021 |  | November 29, 2020
| Gross Carrying Value |  | Accumulated Amortization |  | Total |  | Gross Carrying Value |  | Accumulated Amortization |  | Total
| (Dollars in thousands)
Non-amortized intangible assets: |  |  |  |  |  |  |  |  |  |  |
Trademarks | $ | 258,712 |  |  | $ | — |  |  | $ | 258,712 |  |  | $ | 42,743 |  |  | $ | — |  |  | $ | 42,743 |
Amortized intangible assets: |  |  |  |  |  |  |  |  |  |  |
Customer relationships and other | 38,662 |  |  | (6,042) |  |  | 32,620 |  |  | 9,786 |  |  | (5,103) |  |  | 4,683 |
Total | $ | 297,374 |  |  | $ | (6,042) |  |  | $ | 291,332 |  |  | $ | 52,529 |  |  | $ | (5,103) |  |  | $ | 47,426 |
Customer relationships and other are amortized over five to eleven years. Amortization expense for the years ended November 28, 2021 and November 29, 2020 was $1.1 million and $5.2 million, respectively. Amortization expense for the year ended November 24, 2019 is immaterial. Estimated amortization expense for each of the next five years is as follows:
| November 28, 2021
| (Dollars in thousands)
2022 | $ | 4,400 |
2023 | 4,400 |
2024 | 4,400 |
2025 | 4,400 |
2026 | 4,043 |
Thereafter | 10,977 |
Total | $ | 32,620 |
The Company performed its annual goodwill impairment assessment for reporting units. The fair values of the reporting units were estimated using the income approach. The annual assessment concluded that the fair values of the reporting units were in excess of their respective carrying values. The Company performed its annual impairment assessment over material indefinite-lived intangible assets. The annual assessment concluded that the fair value of the indefinite-lived intangible assets were in excess of their respective carrying values.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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