±«ÓãÖ±²¥

Annual report pursuant to Section 13 and 15(d)

GOODWILL

v3.21.1
GOODWILL
12 Months Ended
Apr. 03, 2021
Goodwill and Intangible Assets Disclosure [Abstract] Ìý
ÌýGOODWILL GOODWILL
Changes in goodwill are summarized by reportable segment as follows:
(In thousands) Outdoor Active Work Total
Balance, March 2019 $ 983,889Ìý $ 393,956Ìý $ 113,839Ìý $ 1,491,684Ìý
Impairment charge (323,223) —Ìý —Ìý (323,223)
Currency translation (7,233) (4,108) (1,101) (12,442)
Balance, March 2020 653,433Ìý 389,848Ìý 112,738Ìý 1,156,019Ìý
Fiscal 2021 acquisition —Ìý 1,250,311Ìý —Ìý 1,250,311Ìý
Currency translation 11,845Ìý 5,610Ìý 1,642Ìý 19,097Ìý
Balance, March 2021 $ 665,278Ìý $ 1,645,769Ìý $ 114,380Ìý $ 2,425,427Ìý

±«ÓãÖ±²¥ did not record any impairment charges in the years ended March 2021 or 2019 based on the results of its goodwill impairment testing. In the year ended March 2020, ±«ÓãÖ±²¥ recorded an impairment charge of $323.2Ìýmillion related to the Timberland reporting unit, which is part of the Outdoor segment. Refer to Note 23 for additional information on fair value measurements.
Accumulated impairment charges for the Outdoor segment were $323.2 million as of March 2021 and March 2020.