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Goodwill and Intangible Assets, Net | 12 Months Ended
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Mar. 30, 2024
Goodwill and Intangible Assets, Net |
Goodwill and Intangible Assets, Net | 5. Goodwill and Intangible Assets, Net ​ Our goodwill balance totaled $197.5 million for fiscal 2024. There were no changes to the carrying amount of goodwill for fiscal 2024, 2023, and 2022. ​ Net intangible assets consisted of the following:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | March 30, 2024 |
​ | ​ | Gross |  | ​ | ​ |  | ​ | ​ |  | Weighted |
​ | ​ | Carrying | ​ | Accumulated | ​ | ​ | ​ | ​ | Average |
​ |  | Amount |  | Amortization |  | Net |  | Useful Life |
​ | ​ | (in thousands, except for weighted average useful life) | ​
Customer lists—definite lived | ​ | $ | 345 | ​ | $ | (325) | ​ | $ | 20 | ​ | 5.0 | ​
Trademarks—indefinite lived | ​ |  | 58,677 | ​ |  | — | ​ |  | 58,677 | ​ | ​ | ​
Total intangible assets | ​ | $ | 59,022 | ​ | $ | (325) | ​ | $ | 58,697 | ​ | ​ | ​
​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | April 1, 2023 | ​
​ | ​ | Gross | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Weighted | ​
​ | ​ | Carrying | ​ | Accumulated | ​ | ​ | ​ | ​ | Average |
​ |  | Amount |  | Amortization |  | Net |  | Useful Life | ​
​ | ​ | (in thousands, except for weighted average useful life) |
Customer lists—definite lived | ​ | $ | 345 | ​ | $ | (271) | ​ | $ | 74 | ​ | 5.0 |
Trademarks—indefinite lived | ​ |  | 60,677 | ​ |  | — | ​ |  | 60,677 | ​ | ​ | ​
Total intangible assets | ​ | $ | 61,022 | ​ | $ | (271) | ​ | $ | 60,751 | ​ | ​ | ​
​ Amortization expense for intangible assets totaled $0.1 million for each of fiscal 2024, 2023 and 2022, and is included in selling, general and administrative expenses. The company recognized an impairment of $2.0 million related to the Sheplers indefinite lived trademark in fiscal 2024, and none in fiscal 2023 and 2022, which is included in s elling, general and administrative expenses in the consolidated statements of operations. The remaining value of the Sheplers trademark is $7.2 million as of March 30, 2024. As of March 30, 2024, estimated future amortization of intangible assets was as follows:
​ | ​ | ​ | ​ | ​
Fiscal year |  | (in thousands) |
2025 | ​ | $ | 20 | ​
Thereafter | ​ |  | — | ​
Total | ​ | $ | 20 | ​
​

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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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