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 both July 1, 2023 and April 1, 2023, the Company had goodwill of $196.6 million. At July 1, 2023, there were no accumulated impairment losses related to goodwill.

The components of amortizable intangible assets were as follows:


(Dollars in thousands)	July 1, 2023									April 1, 2023
	Customer Relationships & Other			Trade Names			Total			Customer Relationships & Other			Trade Names			Total
Gross carrying amount	$	66,129		$	21,543		$	87,672		$	66,013		$	21,497		$	87,510
Accumulated amortization		(34,702	)		(10,587	)		(45,289	)		(32,103	)		(10,064	)		(42,167	)
Amortizable intangibles, net	$	31,427		$	10,956		$	42,383		$	33,910		$	11,433		$	45,343

During the three months ended July 1, 2023 and July 2, 2022, amortization of intangible assets was $3.0 million and $1.9 million, respectively.

The Company capitalizes costs associated with the development of cloud computing arrangements in a manner consistent with internally developed software. At July 1, 2023 and April 1, 2023, the Company had capitalized cloud computing costs, net of amortization of $24.9 million and $25.0 million, respectively. Cloud computing costs are included in other noncurrent assets in the accompanying condensed consolidated balance sheets. Amortization of capitalized cloud computing costs for both the three months ended July 1, 2023 and July 2, 2022 was $0.2 million.