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Quarterly report pursuant to Section 13 or 15(d)

INTANGIBLE ASSETS (Tables)

v3.20.2
INTANGIBLE ASSETS (Tables)
3 Months Ended
Jun. 27, 2020
Goodwill and Intangible Assets Disclosure [Abstract] Ìý
Finite Lived Intangible Assets
Ìý Ìý Ìý June 2020 March 2020
(In thousands) Weighted
Average
Amortization
Period
Amortization
Method
Cost Accumulated
Amortization
Net
Carrying
Amount
Net
Carrying
Amount
AmortizableÌýintangibleÌýassets:
Customer relationships 18 years Accelerated $ 278,522Ìý Ìý $ 144,548Ìý Ìý $ 133,974Ìý Ìý $ 137,017Ìý Ìý
License agreements 19 years Accelerated 7,542Ìý Ìý 5,019Ìý Ìý 2,523Ìý Ìý 2,548Ìý Ìý
Other 8 years Straight-line 8,086Ìý Ìý 5,376Ìý Ìý 2,710Ìý Ìý 2,909Ìý Ìý
Amortizable intangible assets, net 139,207Ìý Ìý 142,474Ìý Ìý
Indefinite-lived intangible assets:
Trademarks and trade names 1,716,557Ìý Ìý 1,712,071Ìý Ìý
Intangible assets, net $ 1,855,764Ìý Ìý $ 1,854,545Ìý Ìý
Indefinite Lived Intangible Assets
Ìý Ìý Ìý June 2020 March 2020
(In thousands) Weighted
Average
Amortization
Period
Amortization
Method
Cost Accumulated
Amortization
Net
Carrying
Amount
Net
Carrying
Amount
AmortizableÌýintangibleÌýassets:
Customer relationships 18 years Accelerated $ 278,522Ìý Ìý $ 144,548Ìý Ìý $ 133,974Ìý Ìý $ 137,017Ìý Ìý
License agreements 19 years Accelerated 7,542Ìý Ìý 5,019Ìý Ìý 2,523Ìý Ìý 2,548Ìý Ìý
Other 8 years Straight-line 8,086Ìý Ìý 5,376Ìý Ìý 2,710Ìý Ìý 2,909Ìý Ìý
Amortizable intangible assets, net 139,207Ìý Ìý 142,474Ìý Ìý
Indefinite-lived intangible assets:
Trademarks and trade names 1,716,557Ìý Ìý 1,712,071Ìý Ìý
Intangible assets, net $ 1,855,764Ìý Ìý $ 1,854,545Ìý Ìý