Quarterly report pursuant to Section 13 or 15(d)

INTANGIBLE ASSETS

v3.24.3
INTANGIBLE ASSETS
 6 Months Ended
Sep. 28, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS INTANGIBLE ASSETS
      September 2024 March 2024
(In thousands) Weighted
Average
Amortization
Period		 Amortization
Method		 Cost Accumulated
Amortization		 Net
Carrying
Amount		 Net
Carrying
Amount
Amortizable intangible assets:
Customer relationships and other 19 years Accelerated $ 265,950  $ 196,927  $ 69,023  $ 74,963 
Indefinite-lived intangible assets:
Trademarks and trade names 1,705,671  1,701,519 
Intangible assets, net $ 1,774,694  $ 1,776,482 

Amortization expense for the three and six months ended September 2024 was $3.4 million and $6.7 million, respectively. Based on the carrying amounts of amortizable intangible assets noted above, estimated amortization expense for the next five years beginning in Fiscal 2025 is $13.3 million, $12.3 million, $11.9 million, $10.9 million and $9.9 million, respectively.