Goodwill and Intangible Assets

We perform annual impairment tests each fiscal year during the fourth quarter and interim impairment tests, if and when necessary. We did not record any impairment charges during the first quarters of fiscal 2020 or 2019.

The following table summarizes the carrying amounts and accumulated amortization for all intangible assets by segment as of the end of the periods presented:



	May 31, 2019										February 28, 2019
(in thousands)	Gross Carrying Amount		Cumulative Goodwill Impairments			Accumulated Amortization			Net Book Value		Gross Carrying Amount		Cumulative Goodwill Impairments			Accumulated Amortization			Net Book Value
Housewares:
Goodwill	$	282,056	$	—		$	—		$	282,056	$	282,056	$	—		$	—		$	282,056
Trademarks - indefinite	134,200		—			—			134,200		134,200		—			—			134,200
Other intangibles - finite	41,481		—			(19,885		)	21,596		41,417		—			(19,398		)	22,019
Subtotal	457,737		—			(19,885		)	437,852		457,673		—			(19,398		)	438,275

Health & Home:
Goodwill	284,913		—			—			284,913		284,913		—			—			284,913
Trademarks - indefinite	54,000		—			—			54,000		54,000		—			—			54,000
Licenses - finite	17,050		—			(15,490		)	1,560		17,050		—			(15,402		)	1,648
Licenses - indefinite	7,400		—			—			7,400		7,400		—			—			7,400
Other intangibles - finite	117,979		—			(90,663		)	27,316		117,967		—			(87,953		)	30,014
Subtotal	481,342		—			(106,153		)	375,189		481,330		—			(103,355		)	377,975

Beauty:
Goodwill	81,841		(46,490		)	—			35,351		81,841		(46,490		)	—			35,351
Trademarks - indefinite	—		—			—			—		30,407		—			—			30,407
Trademarks - finite	30,557		—			(566		)	29,991		150		—			(102		)	48
Licenses - indefinite	10,300		—			—			10,300		10,300		—			—			10,300
Licenses - finite	13,696		—			(12,562		)	1,134		13,696		—			(12,482		)	1,214
Other intangibles - finite	46,402		—			(46,142		)	260		46,402		—			(46,126		)	276
Subtotal	182,796		(46,490		)	(59,270		)	77,036		182,796		(46,490		)	(58,710		)	77,596
Total	$	1,121,875	$	(46,490	)	$	(185,308	)	$	890,077	$	1,121,799	$	(46,490	)	$	(181,463	)	$	893,846

After discontinuing the formal sale process and revising the strategic initiatives for our Personal Care business during the first quarter of fiscal year 2020, we changed trademarks related to the business with a net book value of $30.4 million from indefinite lived to finite lived assets. The amortization of these trademarks is now included in amortization expense for the three months ended May 31, 2019, and these assets are expected to be fully amortized by the end of fiscal year 2027.

The following table summarizes the amortization expense attributable to intangible assets recorded in SG&A in the condensed consolidated statements of income for the periods shown below, as well as our estimated amortization expense for fiscal 2020 through 2025:



Aggregate Amortization Expense
For the three months ended (in thousands)
May 31, 2019	$	3,876
May 31, 2018	4,121



Estimated Amortization Expense (in thousands)
Fiscal 2020	$	17,919
Fiscal 2021	16,151
Fiscal 2022	8,550
Fiscal 2023	8,254
Fiscal 2024	7,946
Fiscal 2025	6,896