INTANGIBLE ASSETS

9 Months Ended

Dec. 26, 2020

Goodwill and Intangible Assets Disclosure [Abstract]


			December 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	$	271,910	$	149,553	$	122,357	$	137,017
License agreements	19 years	Accelerated	8,095		5,478		2,617		2,548
Other	8 years	Straight-line	8,796		6,440		2,356		2,909
Amortizable intangible assets, net							127,330		142,474
Indefinite-lived intangible assets:
Trademarks and trade names							1,734,712		1,712,071
Intangible assets, net							$	1,862,042	$	1,854,545

Amortization expense for the three and nine months ended December 2020 was $4.3 million and $13.2 million, respectively. Based on the carrying amounts of amortizable intangible assets noted above, estimated amortization expense for the next five years beginning in Fiscal 2021 is $17.0 million, $15.4 million, $14.3 million, $13.8 million and $13.3 million, respectively.