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Quarterly report pursuant to Section 13 or 15(d)

INTANGIBLE ASSETS

v3.24.3
INTANGIBLE ASSETS
6 Months Ended
Sep. 28, 2024
Goodwill and Intangible Assets Disclosure [Abstract] Ìý
INTANGIBLE ASSETS INTANGIBLE ASSETS
Ìý Ìý Ìý September 2024 March 2024
(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 $ 265,950Ìý $ 196,927Ìý $ 69,023Ìý $ 74,963Ìý
Indefinite-lived intangible assets:
Trademarks and trade names 1,705,671Ìý 1,701,519Ìý
Intangible assets, net $ 1,774,694Ìý $ 1,776,482Ìý

Amortization expense for the three and six months ended September 2024 was $3.4 million and $6.7 million, respectively. Based on the carrying amounts of amortizable intangible assets noted above, estimated amortization expense for the next five years beginning in Fiscal 2025 is $13.3 million, $12.3 million, $11.9 million, $10.9 million and $9.9 million, respectively.