Goodwill represents the excess of the cost of an acquired business over the fair value of the identifiable tangible and intangible assets acquired and liabilities assumed in a business combination. At April 1, 2023 and April 2, 2022, the Company had goodwill of $196.6 million and $192.0 million, respectively. Goodwill is allocated to reporting units included in the U.S. Factory-built Housing segment, which include the Company’s U.S. manufacturing and retail operations. The change in the goodwill balance for fiscal 2023 was the result of acquisitions during the period. At April 1, 2023 there are no accumulated impairment losses related to goodwill.

The components of amortizable intangible assets were as follows:


(Dollars in thousands)	April 1, 2023									April 2, 2022
	Customer Relationships & Other			Trade Names			Total			Customer Relationships & Other			Trade Names			Total
Gross carrying amount	$	66,013		$	21,497		$	87,510		$	61,986		$	21,419		$	83,405
Accumulated amortization		(32,103	)		(10,064	)		(42,167	)		(23,819	)		(8,303	)		(32,122	)
Amortizable intangibles, net	$	33,910		$	11,433		$	45,343		$	38,167		$	13,116		$	51,283
Weighted average remaining amortization period, in years		5.4			6.3			5.6			6.8			6.9			6.8

Amortization of intangible assets for the fiscal years ended April 1, 2023, April 2, 2022, and April 3, 2021 was $10.6 million, $7.6 million, and $5.6 million respectively. Estimated amortization expense of intangible assets over the next five years is estimated to be (dollars in thousands):


Fiscal 2024	$	8,613
Fiscal 2025		7,388
Fiscal 2026		7,388
Fiscal 2027		7,346
Fiscal 2028		7,317

The Company capitalizes costs associated with the development of cloud computing arrangements in a manner consistent with internally developed software. At April 1, 2023 and April 2, 2022, the Company had capitalized cloud computing costs of $25.0 million and $20.5 million, respectively. Cloud computing costs are included in other noncurrent assets in the accompanying consolidated balance sheets. Amortization of capitalized cloud computing costs was $0.8 million and $0.2 million for the fiscal year ended April 1, 2023 and April 2, 2022.