XML 26 R15.htm IDEA: XBRL DOCUMENT v3.22.2
INTANGIBLE ASSETS
 3 Months Ended
Jul. 02, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS INTANGIBLE ASSETS
   June 2022March 2022
(In thousands)Weighted
Average
Amortization
Period		Amortization
Method		CostAccumulated
Amortization		Net
Carrying
Amount		Net
Carrying
Amount
Amortizable intangible assets:
Customer relationships and other19 yearsAccelerated$258,824 $160,669 $98,155 $103,703 
Indefinite-lived intangible assets:
Trademarks and trade names2,885,981 2,896,648 
Intangible assets, net$2,984,136 $3,000,351 
Amortization expense for the three months ended June 2022 was $3.6 million. Based on the carrying amounts of amortizable intangible assets noted above, estimated amortization expense for the next five years beginning in Fiscal 2023 is $14.4 million, $13.9 million, $13.4 million, $12.4 million and $11.9 million, respectively.