NOTE 8. GOODWILL AND OTHER INTANGIBLES

The following table details the changes in the carrying amount of goodwill by reportable segment:



(in thousands)	Americas Recycling			Americas Mills		Americas Fabrication			International Mill			Consolidated
Goodwill, gross
Balance, August 31, 2018	$	9,543		$	4,970	$	57,428		$	2,568		$	74,509
Foreign currency translation	—			—		—			(62		)	(62		)
Impairment	—			—		—			—			—
Reclassification to assets of discontinued operations	—			—		—			—			—
Balance, November 30, 2018	$	9,543		$	4,970	$	57,428		$	2,506		$	74,447

Accumulated impairment losses
Balance, August 31, 2018	$	(9,543	)	$	—	$	(493	)	$	(163	)	$	(10,199	)
Foreign currency translation	—			—		—			4			4
Reclassification to assets of discontinued operations	—			—		—			—			—
Balance, November 30, 2018	$	(9,543	)	$	—	$	(493	)	$	(159	)	$	(10,195	)

Goodwill, net
Balance, August 31, 2018	$	—		$	4,970	$	56,935		$	2,405		$	64,310
Foreign currency translation	—			—		—			(58		)	(58		)
Impairment	—			—		—			—			—
Balance, November 30, 2018	$	—		$	4,970	$	56,935		$	2,347		$	64,252

The total gross carrying amounts of the Company's intangible assets subject to amortization, including any intangible assets associated with the Acquired Businesses, were $30.6 million and $20.5 million at November 30, 2018 and August 31, 2018, respectively, and were included in other noncurrent assets on the Company's unaudited condensed consolidated balance sheets. Intangible amortization expense from continuing operations related to such intangible assets was $0.5 million for the three months ended November 30, 2018 and 2017. Excluding goodwill, the Company did not have any significant intangible assets with indefinite lives as of November 30, 2018.

In connection with acquisition of the Acquired Businesses, the Company recorded a preliminary unfavorable contract backlog liability of $133.6 million. Amortization of the backlog for the three months ended November 30, 2018 was $11.3 million and was recorded as an increase to net sales in the Company's unaudited condensed consolidated statement of earnings.