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Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Mar. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill

The following table details the changes in goodwill for each of the Company's segments during Fiscal 2024 and Fiscal 2023:

						North America						Europe						Asia						Other Non-reportable Segments						Total
						(millions)
Balance at April 2, 2022						$	421.8					$	286.0					$	68.9					$	132.0					$	908.7
Foreign currency translation						—						(4.2)						(5.6)						—						(9.8)
Balance at April 1, 2023						421.8						281.8						63.3						132.0						898.9
Foreign currency translation						—						(3.0)						(7.8)						—						(10.8)
Balance at March 30, 2024						$	421.8					$	278.8					$	55.5					$	132.0					$	888.1

Other Intangible Assets

Other intangible assets consist of the following:

						March 30, 2024																		April 1, 2023
						Gross Carrying Amount						Accum. Amort.						Net						Gross Carrying Amount						Accum. Amort.						Net
						(millions)
Intangible assets subject to amortization:
Re-acquired licensed trademarks						$	223.3					$	(179.9)					$	43.4					$	226.3					$	(174.7)					$	51.6
Customer relationships						231.4						(208.3)						23.1						239.8						(211.9)						27.9
Other						10.1						(8.2)						1.9						10.1						(8.0)						2.1
Total intangible assets subject to amortization						464.8						(396.4)						68.4						476.2						(394.6)						81.6
Intangible assets not subject to amortization:
Trademarks and brands						7.3						N/A						7.3						7.3						N/A						7.3
Total intangible assets						$	472.1					$	(396.4)					$	75.7					$	483.5					$	(394.6)					$	88.9

Amortization

Based on the balance of the Company's finite-lived intangible assets subject to amortization as of March 30, 2024, the expected amortization expense for each of the next five fiscal years and thereafter is as follows:

						Amortization Expense
						(millions)
Fiscal 2025						$	12.9
Fiscal 2026						10.7
Fiscal 2027						10.0
Fiscal 2028						10.0
Fiscal 2029						10.0
Fiscal 2030 and thereafter						14.8
Total						$	68.4

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Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.

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Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

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