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Goodwill and Other Intangibles | 3 Months Ended
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Jul. 01, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangibles | Goodwill and Other Intangibles Goodwill and other intangibles, net, consisted of the following (in thousands):
| July 1, 2023 |  | April 1, 2023
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Indefinite-lived |  |  |  |  |  |  |  |  |  |  |
Goodwill | $ | 115,498 |  |  | $ | — |  |  | $ | 115,498 |  |  | $ | 114,547 |  |  | $ | — |  |  | $ | 114,547 |
Trademarks and trade names | 16,980 |  |  | — |  |  | 16,980 |  |  | 16,980 |  |  | — |  |  | 16,980 |
State insurance licenses | 1,100 |  |  | — |  |  | 1,100 |  |  | 1,100 |  |  | — |  |  | 1,100 |
| 133,578 |  |  | — |  |  | 133,578 |  |  | 132,627 |  |  | — |  |  | 132,627 |
Finite-lived |  |  |  |  |  |  |  |  |  |  |
Customer relationships | 15,000 |  |  | (4,267) |  |  | 10,733 |  |  | 16,900 |  |  | (5,818) |  |  | 11,082 |
Other | 1,114 |  |  | (529) |  |  | 585 |  |  | 1,114 |  |  | (486) |  |  | 628 |
| $ | 149,692 |  |  | $ | (4,796) |  |  | $ | 144,896 |  |  | $ | 150,641 |  |  | $ | (6,304) |  |  | $ | 144,337 |
During the three months ended July 1, 2023, fair value adjustments were made to certain assets and liabilities of Solitaire Homes in connection with purchase accounting measurement period adjustments. This resulted in additional Goodwill of $1.0 million. See Note 20. Amortization expense recognized on intangible assets for the three months ended July 1, 2023 and July 2, 2022 was $0.4 million and $0.5 million, respectively. Customer relationships have a weighted average remaining life of 7.6 years and other finite lived intangibles have a weighted average remaining life of 3.3 years. Expected amortization for future fiscal years is as follows (in thousands):
Remainder of fiscal year 2024 | $ | 1,177 |
2025 | 1,530 |
2026 | 1,488 |
2027 | 1,415 |
2028 | 1,299 |
2029 | 1,265 |
Thereafter | 3,144 |
| $ | 11,318 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 350 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350/tableOfContent + Details
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