INTANGIBLE ASSETS

6 Months Ended

Oct. 02, 2021

Goodwill and Intangible Assets Disclosure [Abstract]


			September 2021						March 2021
(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	$	262,079	$	153,139	$	108,940	$	117,207
License agreements	20 years	Accelerated	6,652		4,322		2,330		2,448
Other	9 years	Straight-line	5,861		4,292		1,569		1,986
Amortizable intangible assets, net							112,839		121,641
Indefinite-lived intangible assets:
Trademarks and trade names							2,905,403		2,907,904
Intangible assets, net							$	3,018,242	$	3,029,545

Amortization expense for the three and six months ended September 2021 was $4.0 million and $8.1 million, respectively. Based on the carrying amounts of amortizable intangible assets noted above, estimated amortization expense for the next five years beginning in Fiscal 2022 is $15.5 million, $14.5 million, $14.0 million, $13.5 million and $12.5 million, respectively.