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Goodwill and Other Intangibles | 12 Months Ended
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Mar. 30, 2024
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):
| March 30, 2024 |  | April 1, 2023
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Indefinite-lived: |  |  |  |  |  |  |  |  |  |  |
Goodwill | $ | 121,934 |  |  | $ | — |  |  | $ | 121,934 |  |  | $ | 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 |
| 140,014 |  |  | — |  |  | 140,014 |  |  | 132,627 |  |  | — |  |  | 132,627 |
Finite lived: |  |  |  |  |  |  |  |  |  |  |
Customer relationships | 15,000 |  |  | (5,314) |  |  | 9,686 |  |  | 16,900 |  |  | (5,818) |  |  | 11,082 |
Other | 1,114 |  |  | (659) |  |  | 455 |  |  | 1,114 |  |  | (486) |  |  | 628 |
| $ | 156,128 |  |  | $ | (5,973) |  |  | $ | 150,155 |  |  | $ | 150,641 |  |  | $ | (6,304) |  |  | $ | 144,337 |
At April 1, 2023 and March 30, 2024, the Company had Goodwill of $114,547 and $121,934, respectively. The change is due to current year acquisitions and adjustments to prior year acquisitions. All Goodwill resides in the Factory-built housing segment. At March 30, 2024 there are no accumulated impairment losses related to Goodwill. Amortization expense recognized on intangible assets was $1.6 million during fiscal year 2024, $2.1 million during fiscal year 2023 and $1.4 million during fiscal year 2022. Customer relationships have a weighted average remaining life of 6.9 years and other finite lived intangibles have a weighted average remaining life of 2.5 years. Expected amortization for future fiscal years is as follows (in thousands):
2025 | $ | 1,530 |
2026 | 1,488 |
2027 | 1,415 |
2028 | 1,299 |
2029 | 1,265 |
Thereafter | 3,144 |
| $ | 10,141 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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