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Intangible Assets, Net (Tables)
12 Months Ended
Mar. 28, 2020
Intangible Assets, Net and Goodwill  
Schedule of net finite-lived intangible assets

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

Schedule of net indefinite-lived intangible assets

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

Schedule of estimated future amortization of intangible assets

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