Goodwill and Other Intangible Assets

12 Months Ended

Mar. 28, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill

The following table details the changes in goodwill for each of the Company's segments during Fiscal 2020 and Fiscal 2019:



	North America		Europe			Asia			Other Non-reportable Segments^(a)		Total^(a)
	(millions)
Balance at March 31, 2018	$	421.8	$	317.9		$	78.8		$	132.0	$	950.5
Foreign currency translation	—		(27.9		)	(3.0		)	—		(30.9		)
Balance at March 30, 2019	421.8		290.0			75.8			132.0		919.6
Foreign currency translation	—		(4.9		)	0.8			—		(4.1		)
Balance at March 28, 2020	$	421.8	$	285.1		$	76.6		$	132.0	$	915.5


^(a)	The goodwill balance for each period presented is net of accumulated impairment charges of $5.2 million related to the Company's other non-reportable segments.

Based on the results of the Company's goodwill impairment testing in Fiscal 2020, Fiscal 2019, and Fiscal 2018, no goodwill impairment charges were recorded. See Note 12 for further discussion of the Company's goodwill impairment testing.

Other Intangible Assets

Other intangible assets consist of the following:



	March 28, 2020							March 30, 2019
	Gross Carrying Amount		Accum. Amort.			Net		Gross Carrying Amount		Accum. Amort.			Net
	(millions)
Intangible assets subject to amortization:
Re-acquired licensed trademarks	$	231.6	$	(155.4	)	$	76.2	$	231.3	$	(146.8	)	$	84.5
Customer relationships	253.9		(199.0		)	54.9		253.2		(184.0		)	69.2
Other	10.1		(7.5		)	2.6		10.1		(7.4		)	2.7
Total intangible assets subject to amortization	495.6		(361.9		)	133.7		494.6		(338.2		)	156.4
Intangible assets not subject to amortization:
Trademarks and brands	7.3		N/A			7.3		7.3		N/A			7.3
Total intangible assets	$	502.9	$	(361.9	)	$	141.0	$	501.9	$	(338.2	)	$	163.7

Amortization Expense

Amortization expense was $22.9 million, $23.5 million, and $24.0 million during Fiscal 2020, Fiscal 2019, and Fiscal 2018, respectively, and is recorded within SG&A expenses in the consolidated statements of operations.

Based on the balance of the Company's finite-lived intangible assets subject to amortization as of March 28, 2020, the expected amortization expense for each of the next five fiscal years and thereafter is as follows:



	Amortization Expense
	(millions)
Fiscal 2021	$	19.8
Fiscal 2022	17.9
Fiscal 2023	14.4
Fiscal 2024	13.2
Fiscal 2025	12.9
Fiscal 2026 and thereafter	55.5
Total	$	133.7

The expected future amortization expense above reflects weighted-average estimated remaining useful lives of 9.9 years for re-acquired licensed trademarks, 7.9 years for customer relationships, and 9.2 years for the Company's finite-lived intangible assets in total.