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INTANGIBLE ASSETS | 3 Months Ended
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Jul. 01, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
INTANGIBLE ASSETS | INTANGIBLE ASSETS
|  |  |  |  |  |  | June 2023 |  |  | March 2023
(In thousands) |  | Weighted Average Amortization Period |  | Amortization Method |  |  | Cost |  | Accumulated Amortization |  | Net Carrying Amount |  |  | Net Carrying Amount
Amortizable intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships and other |  | 19 years |  | Accelerated |  |  | $ | 263,268 |  |  | $ | 177,711 |  |  | $ | 85,557 |  |  |  | $ | 88,902 |
Indefinite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Trademarks and trade names |  |  |  |  |  |  |  |  |  |  | 2,555,270 |  |  |  | 2,553,919 |
Intangible assets, net |  |  |  |  |  |  |  |  |  |  | $ | 2,640,827 |  |  |  | $ | 2,642,821 |
Amortization expense for the three months ended June 2023 was $3.5 million. Based on the carrying amounts of amortizable intangible assets noted above, estimated amortization expense for the next five years beginning in Fiscal 2024 is $13.6 million, $13.1 million, $12.1 million, $11.7 million and $10.7 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/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350-30/tableOfContent + Details
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