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Intangible Assets, Net and Goodwill (Tables)

9 Months Ended

Dec. 28, 2019

Intangible Assets, Net and Goodwill

Schedule of net finite-lived intangible assets

Net intangible assets as of December 28, 2019 and March 30, 2019 consisted of the following (in thousands, except for weighted average useful life):

​

​	​	​	​	​	​	​	​	​	​	​	​
​	​	December 28, 2019
​	​	Gross			​	​		​	​		Weighted
​	​	Carrying		​	Accumulated		​	​	​	​	Average
​		Amount			Amortization			Net			Useful Life
Customer lists	​	$	851	​	$	(516)	​	$	335		3.8
Trademarks—definite lived	​	​	15	​	​	(8)	​	​	7	​	3.0
Total definite lived	​		866	​		(524)	​		342	​	​
Trademarks—indefinite lived	​		60,677	​		—	​		60,677	​	​
Total intangible assets	​	$	61,543	​	$	(524)	​	$	61,019	​	​

​

​	​	​	​	​	​	​	​	​	​	​	​
​	​	March 30, 2019
​	​	Gross		​	​	​	​	​	​	​	Weighted
​	​	Carrying		​	Accumulated		​	​	​	​	Average
​		Amount			Amortization			Net			Useful Life
Customer lists	​	$	506	​	$	(393)	​	$	113		3.0
Below-market leases	​		5,011	​		(2,967)	​		2,044		11.5
Trademarks-definite lived	​	​	15	​	​	(4)	​	​	11	​	3.0
Total definite lived	​		5,532	​		(3,364)	​		2,168	​	​
Trademarks—indefinite lived	​		60,677	​		—	​		60,677	​	​
Total intangible assets	​	$	66,209	​	$	(3,364)	​	$	62,845	​	​

Schedule of net indefinite-lived intangible assets

Net intangible assets as of December 28, 2019 and March 30, 2019 consisted of the following (in thousands, except for weighted average useful life):

​

​	​	​	​	​	​	​	​	​	​	​	​
​	​	December 28, 2019
​	​	Gross			​	​		​	​		Weighted
​	​	Carrying		​	Accumulated		​	​	​	​	Average
​		Amount			Amortization			Net			Useful Life
Customer lists	​	$	851	​	$	(516)	​	$	335		3.8
Trademarks—definite lived	​	​	15	​	​	(8)	​	​	7	​	3.0
Total definite lived	​		866	​		(524)	​		342	​	​
Trademarks—indefinite lived	​		60,677	​		—	​		60,677	​	​
Total intangible assets	​	$	61,543	​	$	(524)	​	$	61,019	​	​

​

​	​	​	​	​	​	​	​	​	​	​	​
​	​	March 30, 2019
​	​	Gross		​	​	​	​	​	​	​	Weighted
​	​	Carrying		​	Accumulated		​	​	​	​	Average
​		Amount			Amortization			Net			Useful Life
Customer lists	​	$	506	​	$	(393)	​	$	113		3.0
Below-market leases	​		5,011	​		(2,967)	​		2,044		11.5
Trademarks-definite lived	​	​	15	​	​	(4)	​	​	11	​	3.0
Total definite lived	​		5,532	​		(3,364)	​		2,168	​	​
Trademarks—indefinite lived	​		60,677	​		—	​		60,677	​	​
Total intangible assets	​	$	66,209	​	$	(3,364)	​	$	62,845	​	​

Schedule of estimated future amortization of intangible assets

As of December 28, 2019, estimated future amortization of intangible assets was as follows:

​

​	​	​	​
Fiscal Year		(in thousands)
2020		$	45
2021	​		89
2022	​		72
2023	​		62
2024	​		54
Thereafter	​		20
Total	​	$	342

Schedule of change in carrying amount of goodwill

The change in the carrying amount of goodwill is as follows (in thousands):

​	​	​	​
Goodwill	​	December 28, 2019
Balance as of March 30, 2019	​	$	195,858
Goodwill as a result of the G.&L. Clothing Inc. Acquisition	​	​	1,644
Balance as of December 28, 2019	​	$	197,502

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