Quarterly report [Sections 13 or 15(d)]

INTANGIBLE ASSETS

v3.25.3
INTANGIBLE ASSETS
 6 Months Ended
Sep. 27, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS INTANGIBLE ASSETS
      September 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 20 years Accelerated $ 250,835  $ 199,314  $ 51,521  $ 61,822 
Indefinite-lived intangible assets:
Trademarks and trade names 1,424,324  1,648,885 
Intangible assets, net $ 1,475,845  $ 1,710,707 
During the three months ended September 2025, the Company reclassified intangible assets of $244.5 million to assets held-for-sale related to the planned divestiture of Dickies. Refer to Note 4 for additional information regarding the planned divestiture.
Amortization expense for the three and six months ended September 2025 was $3.1 million and $6.3 million, respectively.
Based on the carrying amounts of amortizable intangible assets noted above, estimated amortization expense for the next five years beginning in Fiscal 2026 is $11.8 million, $10.6 million, $9.9 million, $9.0 million and $7.0 million, respectively.