Quarterly report [Sections 13 or 15(d)]

GOODWILL

v3.25.2
GOODWILL
 3 Months Ended
Jun. 28, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL GOODWILL
Changes in goodwill are summarized by reportable segment and the "All Other" category as follows:
(In thousands) Outdoor Active
All Other (a)
Total
Balance, March 2025 $ 102,146  $ 328,449  $ 172,791  $ 603,386 
Foreign currency translation 82  12,514  4,847  17,443 
Balance, June 2025 $ 102,228  $ 340,963  $ 177,638  $ 620,829 
(a)"All Other" is included for purposes of reconciliation of goodwill, but it is not considered a reportable segment. "All Other" includes the Dickies®, Altra®, Smartwool®, Napapijri® and Icebreaker® brands.
In connection with the realignment of the Company's segment reporting structure, the Company allocated goodwill related to Timberland PRO to the Timberland reporting unit as of the first day of the first quarter of Fiscal 2026. As a result of the change in reportable segments, the Company performed impairment assessments both before and after the segment change became effective, and no impairment of goodwill was identified. Balances as of March 2025 have been retrospectively adjusted to reflect
the reallocation. Refer to Note 14 for additional information regarding the Company's reportable segments.
Accumulated impairment charges for the Outdoor reportable segment and the "All Other" category were $730.2 million and $138.8 million, respectively, as of June 2025 and March 2025. No impairment charges were recorded during the three months ended June 2025.