The Company recognized goodwill and certain intangible assets in connection with business combinations (see Note - Business Combinations). The following table summarizes the composition of intangible assets at for the Successor and at for the Predecessor:

 

		Successor																Predecessor
		October 31,																October 31,
		2019																2018
		Gross								Foreign Currency				Net				Gross								Net
		Carrying				Accumulated				Translation				Carrying				Carrying				Accumulated				Carrying
(in thousands)		Value				Amortization				Adjustment				Amount				Value				Amortization				Amount
Customer relationship		$	193,594			$	(31,861	)		$	(62	)		$	161,671			$	47,641			$	(23,093	)		$	24,548
Trade name			5,434				(483	)			(7	)			4,944				15,412				(3,540	)			11,872
Trade name (indefinite life)			55,500				-				-				55,500				-				-				-
Noncompete agreements			200				(22	)			-				178				495				(486	)			9
Total intangibles		$	254,728			$	(32,366	)		$	(69	)		$	222,293			$	63,548			$	(27,119	)		$	36,429

 

Amortization expense for the Successor period from to was million. Amortization expense for the Predecessor period from to and for the -month period ended was million and million, respectively. The estimated aggregate amortization expense for intangible assets over the next fiscal years ending and thereafter is as follows:

(in thousands)
2020		$	33,384
2021			26,845
2022			21,600
2023			17,169
2024			13,788
Thereafter			54,007
Total		$	166,793

 

The changes in the carrying value of goodwill by reportable segment for the quarter ended are as follows:

 

(in thousands)		U.S. Concrete Pumping				U.K. Concrete Pumping				Eco-Pan				Corporate				Total
Balance at October 31, 2017 (Predecessor)		$	47,487			$	19,108			$	6,914			$	-			$	73,509
Acquired goodwill			1,887				-				-				-				1,887
Foreign currency translation			-				(740	)			-				-				(740	)
Balance at October 31, 2018 (Predecessor)		$	49,374			$	18,368			$	6,914			$	-			$	74,656
Foreign currency translation			-				(12	)			-				-				(12	)
Balance at December 5, 2018 (Predecessor)		$	49,374			$	18,356			$	6,914			$	-			$	74,644
Balance at December 6, 2018 (Successor)		$	-			$	-			$	-			$	-			$	-
Acquired goodwill			185,782				40,554				49,133				-				275,469
Foreign currency translation			-				619				-				-				619
Balance at October 31, 2019 (Successor)		$	185,782			$	41,173			$	49,133			$	-			$	276,088

 

As discussed in Note – Business Combinations, the Company recorded an out of period adjustment related to the reduction of sales tax accrual of million that resulted in changes to goodwill and liabilities assumed in the transaction. The impact of the adjustment was considered material to the Company's previously issued financial statements.

 

The Company assesses potential impairment of our goodwill at least annually, generally as of . However, as a result of our stock price declining substantially during the fiscal quarter, the Company concluded this qualified as a triggering event and thus performed a step goodwill impairment analysis as of The results of this test indicated impairment. The fair value of our U.S. Concrete Pumping, U.K. Operations and U.S. Concrete Waste Management Services reporting units exceeded their carrying values by approximately and respectively. Given the short period of time that has passed since goodwill was recorded on the Company’s balance sheet, primarily resulting from the Business Combination and Capital acquisition, the fair values of these reporting units are largely in-line with their carrying values.

 

Due to the quantitative test performed as of a quantitative test on our annual testing date of was considered necessary. Instead, the Company performed a qualitative analysis as of and concluded impairment indicators were present.