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Goodwill and Intangible Assets (Tables)
9 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill balances, by segment
   Aerospace/Defense   Industrial   Total 
April 2, 2022  $              194,124   $1,707,980   $1,902,104 
Acquisition (1)    
    (28,710)   (28,710)
Translation adjustments   
    (4,156)   (4,156)
December 31, 2022  $194,124   $1,675,114   $1,869,238 

 

(1)Purchase accounting adjustments to goodwill associated with the acquisition of Dodge discussed further in Note 13.

 

Schedule of intangible assets
   Weighted  December 31, 2022   April 2, 2022 
   Average
Useful
Lives (Years)
  Gross
Carrying
Amount
   Accumulated
Amortization
   Gross
Carrying Amount
   Accumulated
Amortization
 
Product approvals  24  $50,878   $18,125   $50,878   $16,680 
Customer relationships and lists  24   1,293,592    92,923    1,294,577    53,376 
Trade names  25   216,341    21,945    216,340    15,073 
Distributor agreements 
   
    
    722    722 
Patents and trademarks  16   13,131    7,018    12,342    6,607 
Domain names  10   437    437    437    437 
Other  4   14,715    4,254    9,720    4,887 
       1,589,094    144,702    1,585,016    97,782 
Non-amortizable repair station certifications  n/a   24,281        24,281     
Total  24  $1,613,375   $144,702   $1,609,297   $97,782 

 

Schedule of estimated amortization expense
Remainder of Fiscal 2023  $17,385 
Fiscal 2024   69,270 
Fiscal 2025   69,204 
Fiscal 2026   67,248 
Fiscal 2027   66,185 
Fiscal 2028   64,259 
Fiscal 2029 and thereafter   1,090,841