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GOODWILL | 12 Months Ended
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Mar. 29, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL | GOODWILL Changes in goodwill are summarized by reportable segment as follows:
(In thousands) | Outdoor |  | Active |  | Work |  | Total |
Balance, March 2023 | $ | 653,787 |  |  | $ | 388,401 |  |  | $ | 113,382 |  |  | $ | 1,155,570 |  |
Impairment charges | (445,757) |  |  | — |  |  | (61,809) |  |  | (507,566) |  |
Foreign currency translation | (2,162) |  |  | (413) |  |  | (73) |  |  | (2,648) |  |
Balance, March 2024 | 205,868 |  |  | 387,988 |  |  | 51,500 |  |  | 645,356 |  |
Impairment charges | (38,242) |  |  | — |  |  | — |  |  | (38,242) |  |
Foreign currency translation | (1,877) |  |  | (1,851) |  |  | — |  |  | (3,728) |  |
Balance, March 2025 | $ | 165,749 |  |  | $ | 386,137 |  |  | $ | 51,500 |  |  | $ | 603,386 |  |
During the year ended March 2025, VF recorded impairment charges of $38.2 million rel ated to the Icebreaker reporting unit, which is part of the Outdoor segment. The impairment charges were a result of VF's annual impairment testing of goodwill as of the beginning of the fourth quarter of Fiscal 2025. Refer to Note 24 for additional information on fair value measurements. During the year ended March 2024, VF recorded impairment charges of $507.6 million related to the Timberland, Dickies and Icebreaker reporting units. During the fourth quarter of Fiscal 2024, VF performed an impairment analysis of the Timberland reporting unit as a result of a triggering event and recorded impairment charges of $211.7 million. As a result of VF's annual impairment testing of goodwill as of the beginning of the fourth quarter of Fiscal 2024, VF recorded impairment charges of $38.8 million related to the Icebreaker reporting unit. During the third quarter of Fiscal 2024, VF performed interim impairment analyses of the Timberland and Dickies reporting units as a result of triggering events and recorded impairment charges of $195.3 million and $61.8 million, respectively. The Timberland and Icebreaker reporting units are part of the Outdoor segment and the Dickies reporting unit is part of the Work segment. VF d id not r ecord any impairment charges in the year ended March 2023 based on the results of its goodwill impairment testing. Accumulated impairment charges for the Outdoor segment we re $807.2 million and $769.0 million as of March 2025 and 2024, respectively. Accumulated impairment charges for the Work segment we re $61.8 million as of March 2025 and 2024.

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- Definition The entire disclosure for goodwill. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 24 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482548/350-20-55-24 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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