GOODWILL AND INTANGIBLE ASSETS

We review our goodwill and other intangible assets for impairment whenever events or changes in circumstances indicate that the carrying amount of these assets may not be recoverable, and at least annually in accordance with ASC No. 350, "Intangibles — Goodwill and Others." The values assigned to goodwill and intangible assets are normally based on estimates and judgments regarding expectations for the success and life cycle of products and technologies acquired. A severe decline in expectations could result in significant impairment charges, which could have a material adverse effect on our financial condition and results of operations.

Effective October 27, 2018, the Company reorganized the reportable segments within its business to align to its new structure resulting from the acquisition of Grakon. Prior to this reorganization, the Company's four reportable segments were Automotive, Power, Interface and Other. As a result of this change, the Company's four reportable segments are now Automotive, Industrial, Interface and Medical. Historical information has been revised to reflect the new reportable segments. Refer to Note 9, "Segment Information," for further information.

As part of the acquisition of Grakon in fiscal 2019, the Company recorded goodwill of $178.1 million, of which $39.4 million is deductible for income taxes. As part of the acquisitions of Procoplast and Pacific Insight in fiscal 2018, the Company recorded goodwill of $6.8 million and $50.4 million, respectively, none of which is deductible for income taxes. The following table shows the roll-forward of goodwill in the financial statements by segment as of January 26, 2019.



	Automotive			Industrial			Total
Balance as of April 28, 2018	$	57.5		$	1.7		$	59.2
Goodwill Acquired	50.6			127.5			178.1
Foreign Currency Translation	(0.4		)	(0.1		)	(0.5		)
Balance as of January 26, 2019	$	107.7		$	129.1		$	236.8

As part of the acquisition of Grakon in fiscal 2019, the Company acquired estimated intangible assets of $218.9 million. As part of the acquisitions of Procoplast and Pacific Insight in fiscal 2018, the Company acquired intangible assets of $19.2 million and $40.1 million, respectively. The following tables present details of the Company’s intangible assets.



	As of January 26, 2019
	Gross		Accumulated Amortization		Net		Wtd. Avg. Remaining Amortization Periods (Years)
Customer Relationships and Agreements	$	242.1	$	24.4	$	217.7	17.7
Trade Names, Patents and Technology Licenses	77.5		27.6		49.9		6.7
Total	$	319.6	$	52.0	$	267.6



	As of April 28, 2018
	Gross		Accumulated Amortization		Net		Wtd. Avg. Remaining Amortization Periods (Years)
Customer Relationships and Agreements	$	64.4	$	18.1	$	46.3	12.3
Trade Names, Patents and Technology Licenses	37.7		23.0		14.7		5.3
Total	$	102.1	$	41.1	$	61.0

The estimated aggregate amortization expense for the current fiscal year and each of the four succeeding fiscal years is as follows:



2019	$	16.5
2020	$	20.1
2021	$	20.0
2022	$	20.0
2023	$	20.0

As of January 26, 2019 and April 28, 2018, the trade names, patents and technology licenses include $1.8 million of trade names that are not subject to amortization.