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Note 6 - Goodwill
6 Months Ended
Oct. 30, 2021
Notes to Financial Statements  
Goodwill and Intangible Assets Disclosure [Text Block]

Note 6. Goodwill

 

The changes in the carrying amount of goodwill related to each reportable segment for the six months ended October 30, 2021 were as follows:

 

  

Live Events

  

Commercial

  

Transportation

  

International

  

Total

 

Balance as of May 1, 2021

 $2,313  $3,464  $84  $2,553  $8,414 

Foreign currency translation

  (2)  (14)  (2)  (103)  (121)

Balance as of October 30, 2021

 $2,311  $3,450  $82  $2,450  $8,293 

 

We perform an analysis of goodwill on an annual basis, and it is tested for impairment more frequently if events or changes in circumstances indicate that an asset might be impaired. Our annual analysis is performed during our third quarter of each fiscal year based on the goodwill amount as of the first business day of our third fiscal quarter. We performed our annual impairment test on November 2, 2020 and concluded no goodwill impairment existed. We are currently in the process of completing our annual analysis as of the first business day of our third quarter of fiscal 2022, which began on October 31, 2021.