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Quarterly report pursuant to Section 13 or 15(d)

INTANGIBLE ASSETS

v3.24.0.1
INTANGIBLE ASSETS
 9 Months Ended
Dec. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract] Ìý
INTANGIBLE ASSETS INTANGIBLE ASSETS
Ìý Ìý Ìý December 2023 March 2023
(In thousands) Weighted
Average
Amortization
Period		 Amortization
Method		 Cost Accumulated
Amortization		 Net
Carrying
Amount		 Net
Carrying
Amount
AmortizableÌýintangibleÌýassets:
Customer relationships and other 19 years Accelerated $ 264,610Ìý $ 185,650Ìý $ 78,960Ìý $ 88,902Ìý
Indefinite-lived intangible assets:
Trademarks and trade names 2,557,785Ìý 2,553,919Ìý
Intangible assets, net $ 2,636,745Ìý $ 2,642,821Ìý
Amortization expense for the three and nine months ended December 2023 was $3.5 million and $10.4 million, respectively. Based on the carrying amounts of amortizable intangible assets noted above, estimated amortization expense for the next five years beginning in Fiscal 2024 is $13.7 million, $13.1 million, $12.2 million, $11.7 million and $10.8 million, respectively.