Quarterly report pursuant to Section 13 or 15(d)

GOODWILL

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GOODWILL
9 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL GOODWILL
Changes in goodwill are summarized by reportable segment as follows:
(In thousands) Outdoor Active Work Total
Balance, March 2022 $ 660,786  $ 1,619,121  $ 113,900  $ 2,393,807 
Impairment charge —  (229,044) —  (229,044)
Currency translation (7,017) (14,507) (838) (22,362)
Balance, December 2022 $ 653,769  $ 1,375,570  $ 113,062  $ 2,142,401 
During the second quarter of Fiscal 2023, VF performed an interim impairment analysis of the Supreme reporting unit and recorded an impairment charge of $229.0 million. The Supreme reporting unit is part of the Active segment. Refer to Note 16 for additional information on fair value measurements.
Accumulated impairment charges for the Outdoor and Active segments were $323.3 million and $229.0 million as of December 2022, respectively, and $323.3 million for the Outdoor segment as of March 2022.