Quarterly report [Sections 13 or 15(d)]

INTANGIBLE ASSETS

v3.25.2
INTANGIBLE ASSETS
3 Months Ended
Jun. 28, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS INTANGIBLE ASSETS
      June 2025 March 2025
(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 $ 271,220  $ 210,994  $ 60,226  $ 61,822 
Indefinite-lived intangible assets:
Trademarks and trade names 1,663,523  1,648,885 
Intangible assets, net $ 1,723,749  $ 1,710,707 

Amortization expense for the three months ended June 2025 was $3.2 million. Based on the carrying amounts of amortizable intangible assets noted above, estimated amortization expense for the next five years beginning in Fiscal 2026 is $12.5 million, $12.0 million, $11.0 million, $10.0 million and $8.0 million, respectively.