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INTANGIBLE ASSETS | 3 Months Ended
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Jul. 03, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
INTANGIBLE ASSETS | INTANGIBLE ASSETS
|  |  |  |  |  |  | June 2021 |  |  | March 2021
(In thousands) |  | Weighted Average Amortization Period |  | Amortization Method |  |  | Cost |  | Accumulated Amortization |  | Net Carrying Amount |  |  | Net Carrying Amount
Amortizable intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships |  | 19 years |  | Accelerated |  |  | $ | 264,354 |  |  | $ | 150,845 |  |  | $ | 113,509 |  |  |  | $ | 117,207 |
License agreements |  | 20 years |  | Accelerated |  |  | 6,794 |  |  | 4,372 |  |  | 2,422 |  |  |  | 2,448 |
Other |  | 9 years |  | Straight-line |  |  | 6,941 |  |  | 5,151 |  |  | 1,790 |  |  |  | 1,986 |
Amortizable intangible assets, net |  |  |  |  |  |  |  |  | 117,721 |  |  |  | 121,641 |
Indefinite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |
Trademarks and trade names |  |  |  |  |  |  |  |  | 2,910,165 |  |  |  | 2,907,904 |
Intangible assets, net |  |  |  |  |  |  |  |  |  |  | $ | 3,027,886 |  |  |  | $ | 3,029,545 |
Amortization expense for the three months ended June 2021 was $4.1 million. Based on the carrying amounts of amortizable intangible assets noted above, estimated amortization expense for the next five years beginning in Fiscal 2022 is $15.6 million, $14.6 million, $14.1 million, $13.6 million and $12.6 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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