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Goodwill and Intangible Assets | 12 Months Ended
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Aug. 28, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | Goodwill and Intangible Assets The changes in carrying value of goodwill by reportable segment, with no accumulated impairment losses, for Fiscal 2021, 2020, and 2019 are as follows:
| Towable |  | Motorhome |  | Corporate / All Other |  | Total
Balance, August 25, 2018 | $ | 244,684 |  |  | $ | — |  |  | $ | 29,686 |  |  | $ | 274,370 |
Chris-Craft purchase price adjustment | — |  |  | — |  |  | 561 |  |  | 561 |
Balance, August 31, 2019 | $ | 244,684 |  |  | $ | — |  |  | $ | 30,247 |  |  | $ | 274,931 |
Acquisition of Newmar(1) | — |  |  | 73,127 |  |  | — |  |  | 73,127 |
Balance, August 29, 2020 and August 28, 2021 | $ | 244,684 |  |  | $ | 73,127 |  |  | $ | 30,247 |  |  | $ | 348,058 |
(1) Refer to Note 2 for additional information on the acquisition of Newmar. 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. We have no accumulated impairment losses as of August 28, 2021. While the Chris-Craft reporting unit's fair value exceeded its respective carrying value, the fair value cushion was not substantial and could be impacted if projected operating results are not met or other significant assumptions referenced above change. Other intangible assets, net of accumulated amortization, consist of the following
| August 28, 2021
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Value
Trade names | $ | 275,250 |  |  |  | 275,250 |
Dealer networks | 159,581 |  | $ | 45,652 |  | $ | 113,929 |
Backlog | 28,327 |  | 28,327 |  | — |
Non-compete agreements | 6,647 |  | 5,419 |  | 1,228 |
Other intangible assets | 469,805 |  | 79,398 |  | 390,407 |
| August 29, 2020
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Value
Trade names | $ | 275,250 |  |  |  | $ | 275,250 |
Dealer networks | 159,581 |  | $ | 32,487 |  | 127,094 |
Backlog | 28,327 |  | 28,327 |  | — |
Non-compete agreements | 6,647 |  | 4,223 |  | 2,424 |
Other intangible assets | 469,805 |  | 65,037 |  | 404,768 |
The weighted average remaining amortization period for finite-lived intangible assets as of August 28, 2021 was approximately nine years. Estimated future amortization expense related to finite-lived intangible assets is as follows:
| Amortization
Fiscal 2022 | $ | 13,719 |
Fiscal 2023 | 13,526 |
Fiscal 2024 | 13,424 |
Fiscal 2025 | 13,219 |
Fiscal 2026 | 13,165 |
Thereafter | 48,104 |
Total amortization expense remaining | $ | 115,157 |

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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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