INTANGIBLE ASSETS - Schedule of Intangible Assets (Details) - USD ($) $ in Thousands |
3 Months Ended | ||
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Jun. 27, 2020 |
Mar. 28, 2020 |
Jun. 29, 2019 |
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Amortizable intangible assets: | |||
Net Carrying Amount | $ 139,207 | $ 142,474 | |
Indefinite-lived intangible assets: | |||
Trademarks and trade names | 1,716,557 | 1,712,071 | |
Intangible assets, net | $ 1,855,764 | 1,854,545 | $ 1,917,517 |
Customer relationships | |||
Amortizable intangible assets: | |||
Weighted Average Amortization Period | 18 years | ||
Cost | $ 278,522 | ||
Accumulated Amortization | 144,548 | ||
Net Carrying Amount | $ 133,974 | 137,017 | |
License agreements | |||
Amortizable intangible assets: | |||
Weighted Average Amortization Period | 19 years | ||
Cost | $ 7,542 | ||
Accumulated Amortization | 5,019 | ||
Net Carrying Amount | $ 2,523 | 2,548 | |
Other | |||
Amortizable intangible assets: | |||
Weighted Average Amortization Period | 8 years | ||
Cost | $ 8,086 | ||
Accumulated Amortization | 5,376 | ||
Net Carrying Amount | $ 2,710 | $ 2,909 |
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- Definition Useful life of finite-lived intangible assets, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. No definition available.
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- Definition Accumulated amount of amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount before amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount after amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- References No definition available.
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- Definition Carrying amount (original costs adjusted for previously recognized amortization and impairment) as of the balance sheet date for the rights acquired through registration of a trademark to gain or protect exclusive use of a business name, symbol or other device or style for a projected indefinite period of benefit. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Sum of the carrying amounts of all intangible assets, excluding goodwill, as of the balance sheet date, net of accumulated amortization and impairment charges. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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