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Intangible Assets | 3 Months Ended
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Apr. 02, 2016
Intangible Assets | Note E – Intangible Assets
Dollars in thousands |  | Weighted Average Amortization Period |  |  | Amortization Methods |  | March 2016 |  |  | December 2015 |
|  |  | Cost |  |  | Accumulated Amortization |  |  | Net Carrying Amount |  |  | Net Carrying Amount |
Amortizable intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships |  |  | 20 years |  |  | Accelerated |  | $ | 284,621 |  |  | $ | 126,438 |  |  | $ | 158,183 |  |  | $ | 156,047 |
License agreements |  |  | 24 years |  |  | Accelerated and straight-line |  |  | 179,906 |  |  |  | 95,306 |  |  |  | 84,600 |  |  |  | 86,540 |
Trademark |  |  | 16 years |  |  | Straight-line |  |  | 58,132 |  |  |  | 908 |  |  |  | 57,224 |  |  |  | — |
Other |  |  | 11 years |  |  | Straight-line |  |  | 5,870 |  |  |  | 2,401 |  |  |  | 3,469 |  |  |  | 3,443 |
Amortizable intangible assets, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 303,476 |  |  |  | 246,030 |
Indefinite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Trademarks and trade names |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1,867,341 |  |  |  | 1,866,589 |
Intangible assets, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 2,170,817 |  |  | $ | 2,112,619 |
In connection with the contract renewal during the first quarter of 2016, VF determined that the trademark intangible asset related to the Rock & Republic® brand has a finite life. Accordingly, we reclassified the $58.1 million trademark balance from indefinite-lived intangible assets to amortizable intangible assets, and commenced amortization of the trademark over its estimated useful life of 16 years. Amortization expense for the first quarter of 2016 was $6.9 million. Based on the carrying amounts of amortizable intangible assets noted above, estimated amortization expense for the years 2016 through 2020 is $27.5 million, $26.2 million, $25.6 million, $24.9 million and $24.0 million, respectively.

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16265-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16373-109275 + Details
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