XML 21 R11.htm IDEA: XBRL DOCUMENT
v3.20.2

Goodwill and Intangible Assets | 3 Months Ended
--- | ---
Jun. 27, 2020
Goodwill And Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets |
4. | Goodwill and Intangible Assets
Goodwill Goodwill represents the excess of the cost of an acquired business over the fair value of the identifiable tangible and intangible assets acquired and liabilities assumed in a business combination. At June 27, 2020 and March 28, 2020, the Company had goodwill of $173.5 million. Intangible Assets The components of amortizable intangible assets were as follows:
(Dollars in thousands) |  | June 27, 2020 |  |  | March 28, 2020 |
|  | Customer Relationships |  |  | Trade Names |  |  | Total |  |  | Customer Relationships |  |  | Trade Names |  |  | Total |
Gross carrying amount |  | $ | 48,509 |  |  | $ | 13,125 |  |  | $ | 61,634 |  |  | $ | 48,370 |  |  | $ | 13,068 |  |  | $ | 61,438 |
Accumulated amortization |  |  | (14,342 | ) |  |  | (5,299 | ) |  |  | (19,641 | ) |  |  | (13,118 | ) |  |  | (4,963 | ) |  | $ | (18,081 | )
Amortizable intangibles, net |  | $ | 34,167 |  |  | $ | 7,826 |  |  | $ | 41,993 |  |  | $ | 35,252 |  |  | $ | 8,105 |  |  | $ | 43,357 |
During both the three months ended June 27, 2020 and June 29, 2019, amortization of intangible assets was $1.4 million.

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration