Annual report pursuant to Section 13 and 15(d)

INTANGIBLE ASSETS (Tables)

v3.21.1
INTANGIBLE ASSETS (Tables)
12 Months Ended
Apr. 03, 2021
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 2021
Amortizable intangible assets:
Customer relationships 19 years Accelerated $ 263,842  $ 146,635  $ 117,207 
License agreements 20 years Accelerated 6,747  4,299  2,448 
Other 8 years Straight-line 7,233  5,247  1,986 
Amortizable intangible assets, net 121,641 
Indefinite-lived intangible assets:
Trademarks and trade names 2,907,904 
Intangible assets, net $ 3,029,545 
(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 
Finite Lived Intangible Assets
(In thousands) Weighted
Average
Amortization
Period
Amortization
Method
Cost Accumulated
Amortization
Net
Carrying
Amount
March 2021
Amortizable intangible assets:
Customer relationships 19 years Accelerated $ 263,842  $ 146,635  $ 117,207 
License agreements 20 years Accelerated 6,747  4,299  2,448 
Other 8 years Straight-line 7,233  5,247  1,986 
Amortizable intangible assets, net 121,641 
Indefinite-lived intangible assets:
Trademarks and trade names 2,907,904 
Intangible assets, net $ 3,029,545 
(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