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Goodwill and Intangible Assets | 12 Months Ended
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Apr. 26, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | Goodwill and Intangible Assets Goodwill The changes in the carrying amount of goodwill related to each reportable segment for the fiscal year ended April 26, 2025 were as follows:
|  |  | Commercial |  | Transportation |  |  |  | Total
Balance as of April 27, 2024: |  |  | $ | 3,188 |  |  | $ | 38 |  |  |  |  | $ | 3,226 |
Foreign currency translation |  |  | (29) |  |  | (9) |  |  |  |  | (38) |
Balance as of April 26, 2025: |  |  | $ | 3,159 |  |  | $ | 29 |  |  |  |  | $ | 3,188 |
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 October 27, 2024 and concluded no goodwill impairment existed for fiscal year 2025. The annual impairment test for fiscal year 2024 concluded no goodwill impairment existed. The amount of accumulated impairments to goodwill as of April 26, 2025 and April 27, 2024 was $4,576. Intangible Assets The following table summarizes intangible assets, net, as of April 26, 2025 and April 27, 2024:
| April 26, 2025
| Weighted Average Life (in years) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Registered trademarks | 20.0 |  | $ | 662 |  |  | $ | 342 |  |  | $ | 320 |
Customer relationships | 10.3 |  | 2,521 |  |  | 2,273 |  |  | 248 |
Total | 12.2 |  | $ | 3,183 |  |  | $ | 2,615 |  |  | $ | 568 |
| April 27, 2024
| Weighted Average Life (in years) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Registered trademarks | 20.0 |  | $ | 636 |  |  | $ | 296 |  |  | $ | 340 |
Customer relationships | 10.3 |  | 2,549 |  |  | 2,049 |  |  | 500 |
Total | 12.2 |  | $ | 3,185 |  |  | $ | 2,345 |  |  | $ | 840 |
In the fiscal years 2025, 2024, and 2023, amortization expense was $278, $287, and $290, respectively. Amortization expenses are included primarily in product design and development and selling expense in the Consolidated Statements of Operations. Intangible assets are written off when fully amortized. As of April 26, 2025, amortization expenses for future periods were estimated to be as follows:
Fiscal years ending |  | Amount
2026 |  | $ | 251 |
2027 |  | 38 |
2028 |  | 38 |
2029 |  | 38 |
2030 |  | 38 |
Thereafter |  | 165 |
Total expected amortization expense |  | $ | 568 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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