XML 28 R17.htm IDEA: XBRL DOCUMENT
v3.24.4

Goodwill and Intangible Assets | 9 Months Ended
--- | ---
Dec. 28, 2024
Goodwill and Intangible Assets [Abstract] |
Goodwill and Intangible Assets | 8. Goodwill and Intangible Assets Goodwill Goodwill balances, by segment, consist of the following:
|  | Aerospace /Defense |  |  | Industrial |  |  | Total |
March 30, 2024 |  | $ | 199.2 |  |  | $ | 1,675.7 |  |  | $ | 1,874.9 |
Currency translation adjustments |  |  | — |  |  |  | (3.3 | ) |  |  | (3.3 | )
December 28, 2024 |  | $ | 199.2 |  |  | $ | 1,672.4 |  |  | $ | 1,871.6 |
Intangible Assets
|  |  |  |  | December 28, 2024 |  |  | March 30, 2024 |
|  | Weighted Average Useful Lives (Years) |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |
Product approvals |  |  | 24 |  |  | $ | 50.7 |  |  | $ | 21.7 |  |  | $ | 50.7 |  |  | $ | 20.3 |
Customer relationships and lists |  |  | 24 |  |  |  | 1,300.7 |  |  |  | 201.4 |  |  |  | 1,300.7 |  |  |  | 160.7 |
Trade names |  |  | 25 |  |  |  | 217.2 |  |  |  | 39.5 |  |  |  | 217.2 |  |  |  | 32.5 |
Patents and trademarks |  |  | 15 |  |  |  | 10.9 |  |  |  | 6.9 |  |  |  | 10.8 |  |  |  | 6.5 |
Domain names |  |  | 10 |  |  |  | 0.4 |  |  |  | 0.4 |  |  |  | 0.4 |  |  |  | 0.4 |
Internal-use software |  |  | 3 |  |  |  | 19.7 |  |  |  | 12.7 |  |  |  | 16.7 |  |  |  | 8.8 |
Other |  |  | 5 |  |  |  | 1.6 |  |  |  | 1.3 |  |  |  | 1.6 |  |  |  | 1.3 |
|  |  |  |  |  |  | 1,601.2 |  |  |  | 283.9 |  |  |  | 1,598.1 |  |  |  | 230.5 |
Non-amortizable repair station certifications |  |  | n/a |  |  |  | 24.3 |  |  |  | — |  |  |  | 24.3 |  |  |  | — |
Total |  |  | 24 |  |  | $ | 1,625.5 |  |  | $ | 283.9 |  |  | $ | 1,622.4 |  |  | $ | 230.5 |
Amortization expense for definite-lived intangible assets during the three-month periods ended December 28, 2024 and December 30, 2023 was $17.9 and $17.7, respectively. Amortization expense for definite-lived intangible assets during the nine-month periods ended December 28, 2024 and December 30, 2023 was $53.6 and $52.8, respectively. These amounts were included in other, net on the Company’s consolidated statements of operations. Estimated amortization expense for the remainder of fiscal 2025 and for the five succeeding fiscal years and thereafter is as follows:
Remainder of Fiscal 2025 |  | $ | 18.1 |
Fiscal 2026 |  |  | 70.4 |
Fiscal 2027 |  |  | 64.8 |
Fiscal 2028 |  |  | 64.7 |
Fiscal 2029 |  |  | 64.7 |
Fiscal 2030 |  |  | 64.6 |
Fiscal 2031 and thereafter |  |  | 970.0 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration