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Goodwill and Other Intangibles | 6 Months Ended
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Sep. 30, 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):
| September 30, 2023 |  | April 1, 2023
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Indefinite-lived |  |  |  |  |  |  |  |  |  |  |
Goodwill | $ | 116,015 |  |  | $ | — |  |  | $ | 116,015 |  |  | $ | 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 |
| 134,095 |  |  | — |  |  | 134,095 |  |  | 132,627 |  |  | — |  |  | 132,627 |
Finite-lived |  |  |  |  |  |  |  |  |  |  |
Customer relationships | 15,000 |  |  | (4,616) |  |  | 10,384 |  |  | 16,900 |  |  | (5,818) |  |  | 11,082 |
Other | 1,114 |  |  | (573) |  |  | 541 |  |  | 1,114 |  |  | (486) |  |  | 628 |
| $ | 150,209 |  |  | $ | (5,189) |  |  | $ | 145,020 |  |  | $ | 150,641 |  |  | $ | (6,304) |  |  | $ | 144,337 |
During the six months ended September 30, 2023, fair value adjustments were made to certain assets and liabilities of Solitaire Homes in connection with the purchase accounting measurement period. This resulted in additional Goodwill of $1.0 million. See Note 21. Amortization expense recognized on intangible assets for the three and six months ended September 30, 2023 was $0.4 million and $0.8 million, respectively. Amortization expense recognized on intangible assets for the three and six months ended October 1, 2022 was $0.5 million and $1.0 million, respectively. Customer relationships have a weighted average remaining life of 7.4 years and other finite lived intangibles have a weighted average remaining life of 3.0 years. Expected amortization for future fiscal years is as follows (in thousands):
Remainder of fiscal year 2024 | $ | 785 |
Fiscal 2025 | 1,530 |
Fiscal 2026 | 1,488 |
Fiscal 2027 | 1,415 |
Fiscal 2028 | 1,299 |
Fiscal 2029 | 1,265 |
Thereafter | 3,143 |
| $ | 10,925 |

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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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