Quarterly report [Sections 13 or 15(d)]

INTANGIBLE ASSETS

v3.25.4
INTANGIBLE ASSETS
9 Months Ended
Dec. 27, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS INTANGIBLE ASSETS
      December 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 $ 251,525  $ 202,780  $ 48,745  $ 61,822 
Indefinite-lived intangible assets:
Trademarks and trade names 1,425,787  1,648,885 
Intangible assets, net $ 1,474,532  $ 1,710,707 
During the three months ended December 2025, the Company completed the sale of Dickies, at which time intangible assets of $243.8 million were removed from the Consolidated Balance Sheet. Refer to Note 4 for additional information regarding the divestiture.
Amortization expense for the three and nine months ended December 2025 was $2.9 million and $9.2 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 $11.9 million, $10.6 million, $9.9 million, $9.0 million and $7.0 million, respectively.