XML 59 R31.htm IDEA: XBRL DOCUMENT v3.21.1

Goodwill and Intangible Assets (Tables)

12 Months Ended

Apr. 03, 2021

Goodwill And Intangible Assets Disclosure [Abstract]

Components of Amortizable Intangible Assets

The components of amortizable intangible assets were as follows:

(Dollars in thousands)		April 3, 2021												March 28, 2020
		Customer Relationships				Trade Names				Total				Customer Relationships				Trade Names				Total
Gross carrying amount		$	61,963			$	21,409			$	83,372			$	48,370			$	13,068			$	61,438
Accumulated amortization			(18,158	)			(6,379	)			(24,537	)			(13,118	)			(4,963	)			(18,081	)
Amortizable intangibles, net		$	43,805			$	15,030			$	58,835			$	35,252			$	8,105			$	43,357
Weighted average remaining amortization period, in years			7.8				7.9				7.8				7.3				6.2				7.1

Summary of Estimated Amortization Expense of Intangible Assets

Estimated amortization expense of intangible assets over the next five years is estimated to be (dollars in thousands):

Fiscal 2022		$	7,553
Fiscal 2023			7,436
Fiscal 2024			7,388
Fiscal 2025			7,388
Fiscal 2026			7,388

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

Tabular disclosure of the characteristics, including initial carrying value, residual amount, weighted average useful life, of finite-lived intangible assets acquired during the period by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by nature or by their use in the operations of the company.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275

+ Details

Name:	us-gaap_ScheduleOfAcquiredFiniteLivedIntangibleAssetsByMajorClassTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

+ Details

Name:	us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration