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Quarterly report [Sections 13 or 15(d)]

INTANGIBLE ASSETS

v3.25.2
INTANGIBLE ASSETS
3 Months Ended
Jun. 28, 2025
Goodwill and Intangible Assets Disclosure [Abstract] Ìý
INTANGIBLE ASSETS INTANGIBLE ASSETS
Ìý Ìý Ìý June 2025 March 2025
(In thousands) Weighted
Average
Amortization
Period
Amortization
Method
Cost Accumulated
Amortization
Net
Carrying
Amount
Net
Carrying
Amount
AmortizableÌýintangibleÌýassets:
Customer relationships and other 19 years Accelerated $ 271,220Ìý $ 210,994Ìý $ 60,226Ìý $ 61,822Ìý
Indefinite-lived intangible assets:
Trademarks and trade names 1,663,523Ìý 1,648,885Ìý
Intangible assets, net $ 1,723,749Ìý $ 1,710,707Ìý

Amortization expense for the three months ended June 2025 was $3.2 million. Based on the carrying amounts of amortizable intangible assets noted above, estimated amortization expense for the next five years beginning in Fiscal 2026 is $12.5 million, $12.0 million, $11.0 million, $10.0 million and $8.0 million, respectively.