±«ÓãÖ±²¥

Annual report [Section 13 and 15(d), not S-K Item 405]

INTANGIBLE ASSETS

v3.25.1
INTANGIBLE ASSETS
 12 Months Ended
Mar. 29, 2025
Goodwill and Intangible Assets Disclosure [Abstract] Ìý
INTANGIBLE ASSETS INTANGIBLE ASSETS
(In thousands) Weighted
Average
Amortization
Period		 Amortization
Method		 Cost Accumulated
Amortization		 Net
Carrying
Amount
March 2025
Amortizable intangible assets:
Customer relationships and other 19 years Accelerated $ 262,882Ìý $ 201,060Ìý $ 61,822Ìý
Indefinite-lived intangible assets:
Trademarks and trade names 1,648,885Ìý
Intangible assets, net $ 1,710,707Ìý
(In thousands) Weighted
Average
Amortization
Period		 Amortization
Method		 Cost Accumulated
Amortization		 Net
Carrying
Amount
March 2024
Amortizable intangible assets:
Customer relationships and other 19 years Accelerated $ 262,084Ìý $ 187,121Ìý $ 74,963Ìý
Indefinite-lived intangible assets:
Trademarks and trade names 1,701,519Ìý
Intangible assets, net $ 1,776,482Ìý
During the year ended March 2025, ±«ÓãÖ±²¥ recorded impairment charges of $51.0 million related to the Dickies indefinite-lived trademark intangible asset as a result of a triggering event during the third quarter of Fiscal 2025. Refer to Note 24 for additional information on fair value measurements.
±«ÓãÖ±²¥ did not record any intangible asset impairment charges in the years ended March 2024 or March 2023.
Amortization expense for the years ended March 2025, 2024 and 2023 was $13.2 million, $13.8 million and $14.1 million, respectively. Estimated amortization expense for the next five fiscal years is $12.2 million, $11.7 million, $10.8 million, $9.8 million and $7.8 million, respectively.