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Goodwill and Other Intangibles
12 Months Ended
Apr. 02, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangibles Goodwill and Other Intangibles
Goodwill and other intangibles, net, consisted of the following (in thousands):
 April 2, 2022April 3, 2021
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Indefinite-lived:
Goodwill
$100,993 $— $100,993 $75,090 $— $75,090 
Trademarks and trade names
15,680 — 15,680 8,900 — 8,900 
State insurance licenses
1,100 — 1,100 1,100 — 1,100 
117,773 — 117,773 85,090 — 85,090 
Finite lived:
Customer relationships
19,500 (8,392)11,108 11,300 (7,097)4,203 
Other
1,924 (1,353)571 1,424 (1,264)160 
$139,197 $(9,745)$129,452 $97,814 $(8,361)$89,453 
Changes in the carrying amount of Goodwill were as follows for the year ended April 2, 2022 (in thousands). See Note 22 for further information.
April 2,
2022
Balance at beginning of period$75,090 
Goodwill recognized on Craftsman acquisition4,595 
Goodwill recognized on Commodore (as defined in Note 22) acquisition21,308 
Balance at end of period$100,993 
Amortization expense recognized on intangible assets was $1.4 million during fiscal year 2022, $747,000 during fiscal year 2021 and $606,000 during fiscal year 2020.
Expected amortization for future fiscal years is as follows (in thousands):
2023$2,013 
20241,339 
20251,300 
20261,258 
20271,185 
Thereafter4,584