±«ÓãÖ±²¥

Annual report pursuant to Section 13 and 15(d)

GOODWILL

v3.22.1
GOODWILL
12 Months Ended
Apr. 02, 2022
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 2020 $ 653,433Ìý $ 389,848Ìý $ 112,738Ìý $ 1,156,019Ìý
Supreme acquisition (Note 3) —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
Measurement period adjustment to Supreme acquisition (Note 3) —Ìý (717) —Ìý (717)
Currency translation (4,492) (25,931) (480) (30,903)
Balance, March 2022 $ 660,786Ìý $ 1,619,121Ìý $ 113,900Ìý $ 2,393,807Ìý

±«ÓãÖ±²¥ did not record any impairment charges in the years ended March 2022 or 2021 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 2022 and March 2021.