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Quarterly report pursuant to Section 13 or 15(d)

INTANGIBLE ASSETS

v3.19.3.a.u2
INTANGIBLE ASSETS
 9 Months Ended
Dec. 28, 2019
Goodwill and Intangible Assets Disclosure [Abstract] Ìý
INTANGIBLE ASSETS INTANGIBLE ASSETS
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
December 2019
Ìý
Ìý
March 2019
(In thousands)
Ìý
Weighted
Average
Amortization
Period
Ìý
Amortization
Method
Ìý
Ìý
Cost
Ìý
Accumulated
Amortization
Ìý
Net
Carrying
Amount
Ìý
Ìý
Net
Carrying
Amount
AmortizableÌýintangibleÌýassets:
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Customer relationships
Ìý
17 years
Ìý
Accelerated
Ìý
Ìý
$
330,196

Ìý
$
151,286

Ìý
$
178,910

Ìý
Ìý
$
197,129

License agreements
Ìý
19 years
Ìý
Accelerated
Ìý
Ìý
7,516

Ìý
4,893

Ìý
2,623

Ìý
Ìý
2,807

Trademark
Ìý
3 years
Ìý
Straight-line
Ìý
Ìý
800

Ìý
575

Ìý
225

Ìý
Ìý
399

Other
Ìý
8 years
Ìý
Straight-line
Ìý
Ìý
8,213

Ìý
4,976

Ìý
3,237

Ìý
Ìý
4,032

Amortizable intangible assets, net
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
184,995

Ìý
Ìý
204,367

Indefinite-lived intangible assets:
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Trademarks and trade names
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
1,763,237

Ìý
Ìý
1,767,997

Intangible assets, net
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
$
1,948,232

Ìý
Ìý
$
1,972,364



Intangible assets decreased during the nine months ended December 2019 due to amortization and the impact of foreign currency fluctuations.
Amortization expense for the three and nine months ended December 2019 was $6.1 million and $18.6 million, respectively. Based on the carrying amounts of amortizable intangible assets noted above, estimated amortization expense for the next five years beginning in Fiscal 2020 is $25.5 million, $24.1 million, $22.6 million, $21.2 million and $20.4 million, respectively.