INTANGIBLE ASSETS

9 Months Ended

Jan. 01, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS

INTANGIBLE ASSETS

			December 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 and other	19 years	Accelerated	$	268,018	$	159,541	$	108,477	$	121,641
Indefinite-lived intangible assets:
Trademarks and trade names							2,902,040		2,907,904
Intangible assets, net							$	3,010,517	$	3,029,545

Amortization expense for the three and nine months ended December 2021 was $3.8 million and $11.9 million, respectively. Based on the carrying amounts of amortizable intangible assets noted above, estimated amortization expense for the next five years beginning in Fiscal 2022 is $15.3 million, $14.3 million, $13.8 million, $13.3 million and $12.3 million, respectively.