Intangible Assets, Net

12 Months Ended

Mar. 28, 2020

Intangible Assets, Net and Goodwill

Intangible Assets, Net

6. Intangible Assets, Net

Net intangible assets consisted of the following:

	March 28, 2020
	Gross						Weighted
	Carrying		Accumulated				Average
	Amount		Amortization		Net		Useful Life
	(in thousands, except for weighted average useful life)
Customer lists	$	345	$	(54)	$	291	5.0
Trademarks—definite lived		15		(9)		6	3.0
Total definite lived		360		(63)		297
Trademarks—indefinite lived		60,677		—		60,677
Total intangible assets	$	61,037	$	(63)	$	60,974

	March 30, 2019
	Gross						Weighted
	Carrying		Accumulated				Average
	Amount		Amortization		Net		Useful Life
	(in thousands, except for weighted average useful life)
Customer lists	$	506	$	(393)	$	113	3.0
Below-market leases		5,011		(2,967)		2,044	11.5
Trademarks—definite lived		15		(4)		11	3.0
Total definite lived		5,532		(3,364)		2,168
Trademarks—indefinite lived		60,677		—		60,677
Total intangible assets	$	66,209	$	(3,364)	$	62,845

Amortization expense for intangible assets totaled $0.2 million, $0.6 million, and $1.1 million for fiscal 2020, 2019, and 2018, respectively, and is included in selling, general and administrative expenses.

As of March 28, 2020, estimated future amortization of intangible assets was as follows:

Fiscal year	(in thousands)
2021	$	89
2022		72
2023		62
2024		54
2025		20
Thereafter		—
Total	$	297