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taxes including the need for additional valuation allow-
ances, and the recognition of tax benefits.
As of May , , the Company has not provided for
deferred taxes on the excess of financial reporting over
the tax basis of investments in certain foreign subsidiar-
ies because the Company plans to reinvest such earnings
indefinitely outside the United States. If these earnings
were repatriated in the future, additional income and with-
holding tax expense would be incurred. Due to complexities
in the laws of the foreign jurisdictions and the assumptions
that would have to be made, it is not practicable to estimate
the total amount of income taxes that would have to be
provided on such earnings.
The Company is subject to U.S. federal income tax as well as
income tax in jurisdictions of each state having an income
tax. The tax years that remain subject to examination are
primarily from fiscal  and forward. Some earlier years
remain open for a small minority of states.
10. INTANGIBLE ASSETS AND GOODWILL
As of May 3, 2014
Amortizable intangible
assets
Useful
Life
Gross
Carrying
Amount
Accumulated
Amortization Total
Customer relationships 5-25 $ 271,938 $ (61,872) $ 210,066
Technology 5-10 10,710 (6,824) 3,886
Distribution contracts 10 8,325 (7,312) 1,013
Other 3-10 6,419 (5,942) 477
Total $ 297,392 $ (81,950) $ 215,442
Unamortizable intangible
assets
Trade name $ 293,400
Publishing contracts 19,734
Total $ 313,134
Total amortizable and
unamortizable intangible
assets $ 528,576
As of May 2, 2015
Amortizable intangible
assets
Useful
Life
Gross
Carrying
Amount
Accumulated
Amortization Total
Customer relationships 5-25 $ 271,938 $ (73,888) $ 198,050
Technology 5-10 10,710 (8,933) 1,777
Distribution contracts 10 8,325 (7,608) 717
Other 3-10 6,397 (6,233) 164
Total $ 297,370 $ (96,662) $ 200,708
Unamortizable intangible
assets
Trade name $ 293,400
Publishing contracts 19,734
Total $ 313,134
Total amortizable and
unamortizable intangible
assets $ 513,842
All amortizable intangible assets are being amortized over
their useful life on a straight-line basis, with the exception
of certain items such as customer relationships and other
acquired intangibles, which are amortized on an acceler-
ated basis.
Aggregate Amortization Expense:
For the 52 weeks ended May 2, 2015 $ 14,713
For the 53 weeks ended May 3, 2014 $ 17,835
For the 52 weeks ended April 27, 2013 $ 21,426
Estimated Amortization Expense:
(12 months ending on or about April 30)
2016 $ 11,227
2017 $ 10,957
2018 $ 10,732
2019 $ 10,520
2020 $ 10,206
The Company tests unamortizable intangible assets by
comparing the fair value and the carrying value of such
assets. The Company also completed its annual impairment
tests for its other unamortizable intangible assets by com-
paring the estimated fair value to the carrying value of such
assets. Impairment losses included in selling and adminis-
trative expenses related to unamortizable intangible assets
totaled , , and  during fiscal , fiscal  and
fiscal , respectively. Changes in market conditions,
among other factors, could have a material impact on these
estimates.
2015 Annual Report 53