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Intangible Assets, Net and Goodwill (Tables)
3 Months Ended
Jun. 25, 2022
Intangible Assets, Net and Goodwill  
Schedule of net finite-lived intangible assets

Net intangible assets as of June 25, 2022 and March 26, 2022 consisted of the following (in thousands, except for weighted average useful life):

June 25, 2022

Gross

    

    

    

Weighted

Carrying

Accumulated

Average

    

Amount

    

Amortization

    

Net

    

Useful Life

Customer lists—definite lived

$

345

$

(225)

$

120

 

5.0

Trademarks—indefinite lived

 

60,677

 

 

60,677

Total intangible assets

$

61,022

$

(225)

$

60,797

March 26, 2022

Gross

Weighted

Carrying

Accumulated

Average

    

Amount

    

Amortization

    

Net

    

Useful Life

Customer lists—definite lived

$

345

$

(209)

$

136

 

5.0

Trademarks—indefinite lived

 

60,677

 

 

60,677

Total intangible assets

$

61,022

$

(209)

$

60,813

Schedule of net indefinite-lived intangible assets

Net intangible assets as of June 25, 2022 and March 26, 2022 consisted of the following (in thousands, except for weighted average useful life):

June 25, 2022

Gross

    

    

    

Weighted

Carrying

Accumulated

Average

    

Amount

    

Amortization

    

Net

    

Useful Life

Customer lists—definite lived

$

345

$

(225)

$

120

 

5.0

Trademarks—indefinite lived

 

60,677

 

 

60,677

Total intangible assets

$

61,022

$

(225)

$

60,797

March 26, 2022

Gross

Weighted

Carrying

Accumulated

Average

    

Amount

    

Amortization

    

Net

    

Useful Life

Customer lists—definite lived

$

345

$

(209)

$

136

 

5.0

Trademarks—indefinite lived

 

60,677

 

 

60,677

Total intangible assets

$

61,022

$

(209)

$

60,813

Schedule of estimated future amortization of intangible assets

As of June 25, 2022, estimated future amortization of intangible assets was as follows:

Fiscal Year

    

(in thousands)

2023

    

$

46

2024

 

54

2025

 

20

2026

 

-

2027

 

-

Thereafter

 

-

Total

$

120