VF Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

INTANGIBLE ASSETS (Tables)

INTANGIBLE ASSETS (Tables)

12 Months Ended

Mar. 28, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Indefinite Lived Intangible Assets



(In thousands)	Weighted Average Amortization Period		Amortization Method		Cost				Accumulated Amortization				Net Carrying Amount
March 2020
Amortizable intangible assets:
Customer relationships	18 years		Accelerated		$	276,485			$	139,468			$	137,017
License agreements	19 years		Accelerated		7,467				4,919				2,548
Other	8 years		Straight-line		8,019				5,110				2,909
Amortizable intangible assets, net													142,474
Indefinite-lived intangible assets:
Trademarks and trade names													1,712,071
Intangible assets, net													$	1,854,545



(In thousands)	Weighted Average Amortization Period		Amortization Method		Cost				Accumulated Amortization				Net Carrying Amount
March 2019
Amortizable intangible assets:
Customer relationships	18 years		Accelerated		$	283,883			$	125,106			$	158,777
License agreements	19 years		Accelerated		7,536				4,729				2,807
Other	8 years		Straight-line		8,112				4,136				3,976
Amortizable intangible assets, net													165,560
Indefinite-lived intangible assets:
Trademarks and trade names													1,741,897
Intangible assets, net													$	1,907,457

Finite Lived Intangible Assets



(In thousands)	Weighted Average Amortization Period		Amortization Method		Cost				Accumulated Amortization				Net Carrying Amount
March 2020
Amortizable intangible assets:
Customer relationships	18 years		Accelerated		$	276,485			$	139,468			$	137,017
License agreements	19 years		Accelerated		7,467				4,919				2,548
Other	8 years		Straight-line		8,019				5,110				2,909
Amortizable intangible assets, net													142,474
Indefinite-lived intangible assets:
Trademarks and trade names													1,712,071
Intangible assets, net													$	1,854,545



(In thousands)	Weighted Average Amortization Period		Amortization Method		Cost				Accumulated Amortization				Net Carrying Amount
March 2019
Amortizable intangible assets:
Customer relationships	18 years		Accelerated		$	283,883			$	125,106			$	158,777
License agreements	19 years		Accelerated		7,536				4,729				2,807
Other	8 years		Straight-line		8,112				4,136				3,976
Amortizable intangible assets, net													165,560
Indefinite-lived intangible assets:
Trademarks and trade names													1,741,897
Intangible assets, net													$	1,907,457