INTANGIBLE ASSETS

6 Months Ended

Sep. 26, 2020

Goodwill and Intangible Assets Disclosure [Abstract]


			September 2020						March 2020
(In thousands)	Weighted Average Amortization Period	Amortization Method	Cost		Accumulated Amortization		Net Carrying Amount		Net Carrying Amount
Amortizable intangible assets:
Customer relationships	19 years	Accelerated	$	266,350	$	142,442	$	123,908	$	137,017
License agreements	19 years	Accelerated	7,766		5,216		2,550		2,548
Other	8 years	Straight-line	8,296		5,936		2,360		2,909
Amortizable intangible assets, net							128,818		142,474
Indefinite-lived intangible assets:
Trademarks and trade names							1,722,275		1,712,071
Intangible assets, net							$	1,851,093	$	1,854,545

Amortization expense for the three and six months ended September 2020 was $4.5 million and $8.9 million, respectively. Based on the carrying amounts of amortizable intangible assets noted above, estimated amortization expense for the next five years beginning in Fiscal 2021 is $16.8 million, $15.2 million, $14.1 million, $13.6 million and $13.1 million, respectively.