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Intangible Assets And Goodwill | 6 Months Ended
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Nov. 28, 2020
Intangible Assets And Goodwill [Abstract] |
Intangible Assets And Goodwill | 4. Intangible Assets and Goodwill The following table sets forth the Company’s intangible assets, including acquired intangible assets and internal-use software (amounts in thousands):
| As of November 28, 2020 |  | As of May 30, 2020 |
|  |  | Accumulated |  |  |  |  |  |  | Accumulated |  |  |
| Gross |  | Amortization |  | Net |  |  | Gross |  | Amortization |  | Net |
Customer contracts and relationships (3-8 years) | $ | 23,914 |  | $ | (8,435) |  | $ | 15,479 |  |  | $ | 23,779 |  | $ | (6,707) |  | $ | 17,072 |
Tradenames (3-10 years) |  | 5,104 |  |  | (3,420) |  |  | 1,684 |  |  |  | 4,960 |  |  | (2,735) |  |  | 2,225 |
Backlog (17 months) |  | 1,210 |  |  | (1,113) |  |  | 97 |  |  |  | 1,210 |  |  | (694) |  |  | 516 |
Consultant list (3 years) |  | 838 |  |  | (838) |  |  | - |  |  |  | 776 |  |  | (718) |  |  | 58 |
Non-compete agreements (3 years) |  | 957 |  |  | (957) |  |  | - |  |  |  | 888 |  |  | (821) |  |  | 67 |
Computer software (2-3.5 years) |  | 3,988 |  |  | (186) |  |  | 3,802 |  |  |  | 185 |  |  | (46) |  |  | 139 |
Total | $ | 36,011 |  | $ | (14,949) |  | $ | 21,062 |  |  | $ | 31,798 |  | $ | (11,721) |  | $ | 20,077 |
The Company recorded amortization expense of $1.4 million and $1.5 million for the three months ended November 28, 2020 and November 23, 2019, respectively, and $2.9 million and $2.6 million for the six months ended November 28, 2020 and November 23, 2019, respectively. The following table summarizes future estimated amortization expense related to intangible assets (in thousands):
2021 (remaining 6 months) | $ | 2,313
2022 |  | 4,456
2023 |  | 4,247
2024 |  | 4,124
2025 |  | 3,121
2026 |  | 2,327
Thereafter |  | 474
Total | $ | 21,062
The estimates of future intangible asset amortization expense do not incorporate the potential impact of future currency fluctuations when translating the financial results of the Company’s international operations that have amortizable intangible assets into U.S. dollars. As further described in Note 12 – Segment Information, the Company changed its segment reporting effective in the second quarter of fiscal 2021, and reallocated goodwill to the new reporting units on the relative fair value basis. Concurrent with the segment change, the Company completed a goodwill impairment assessment, and concluded that no goodwill impairment existed immediately before and after the change in segment reporting. The following table summarizes the activity in the Company’s goodwill balance. The balance as of May 30, 2020 was recast to reflect the impact of the preceding segment change. Amounts are in thousands.
| RGP |  | Other Segments |  | Total Company
Balance as of May 30, 2020 | $ | 208,958 |  | $ | 5,109 |  | $ | 214,067
Impact of foreign currency exchange rate changes |  | - |  |  | 2,179 |  |  | 2,179
Balance as of November 28, 2020 | $ | 208,958 |  | $ | 7,288 |  | $ | 216,246

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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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