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GOODWILL AND OTHER INTANGIBLE ASSETS
 12 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND OTHER INTANGIBLE ASSETS GOODWILL AND OTHER INTANGIBLE ASSETS
Goodwill as well as other intangible assets by major intangible class recorded in the consolidated balance sheets are as follows:
As of March 31,
20252024
Goodwill
Gross carrying amount (1)
$29,821 $143,765 
Accumulated impairment losses (1)
(15,831)(129,775)
Total goodwill (2)
$13,990 $13,990 

As of March 31,
20252024
Other intangible assets
Indefinite-lived intangible assets
Teva brand trademark
$15,454 $15,454 
Definite-lived intangible assets
Trademarks (1)
8,014 51,723 
Other (1)
17,245 51,220 
Total gross carrying amount
25,259 102,943 
Trademarks accumulated amortization and impairments (1)
(7,982)(40,326)
Other accumulated amortization (1)
(17,032)(50,988)
Total accumulated amortization and impairments
(25,014)(91,314)
Definite-lived intangible assets, net
245 11,629 
Total other intangible assets, net$15,699 $27,083 

(1) The change in the March 31, 2025, balances, when compared to March 31, 2024, is primarily due to the sale of the Sanuk brand during fiscal year 2025.
(2) As of March 31, 2025, and 2024, total goodwill is made up of $6,101 and 7,889 of UGG brand and HOKA brand reportable operating segments goodwill, respectively.

Definite-lived amortization expense was $847, $2,208, and $2,228 for the years ended March 31, 2025, 2024, and 2023, respectively.

Based on the evaluation of qualitative and quantitative factors, including the asset carrying amounts recorded in the consolidated balance sheets against actual results of operations and long-term forecasts of net sales and operating income, no impairment loss was recorded for goodwill and indefinite-lived intangible assets during the years ended March 31, 2025, 2024, and 2023.
No definite-lived intangible asset triggering events were identified during the years ended March 31, 2025, and 2023. During the year ended March 31, 2024, an impairment loss of $8,164 was recorded within the Other brands reportable operating segment in SG&A expenses in the consolidated statements of comprehensive income for the Sanuk brand definite-lived trademark, driven by lower-than-expected results of operations for the wholesale channel that resulted in the carrying value exceeding the estimated fair value, which was determined based on an estimate of the future discounted cash flows.