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Goodwill, Intangible Assets, and Cloud Computing Arrangements | 3 Months Ended
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Jul. 02, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill, Intangible Assets, and Cloud Computing Arrangements | 4. Goodwill, Intangible Assets, and Cloud Computing Arrangements 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 July 2, 2022 and April 2, 2022, the Company had goodwill of $192.6 million and $192.0 million, respectively. Intangible Assets The components of amortizable intangible assets were as follows:
(Dollars in thousands) |  | July 2, 2022 |  |  | April 2, 2022 |
|  | Customer Relationships |  |  | Trade Names |  |  | Total |  |  | Customer Relationships |  |  | Trade Names |  |  | Total |
Gross carrying amount |  | $ | 62,168 |  |  | $ | 21,696 |  |  | $ | 83,864 |  |  | $ | 61,986 |  |  | $ | 21,419 |  |  | $ | 83,405 |
Accumulated amortization |  |  | (25,094 | ) |  |  | (8,744 | ) |  |  | (33,838 | ) |  |  | (23,819 | ) |  |  | (8,303 | ) |  | $ | (32,122 | )
Amortizable intangibles, net |  | $ | 37,074 |  |  | $ | 12,952 |  |  | $ | 50,026 |  |  | $ | 38,167 |  |  | $ | 13,116 |  |  | $ | 51,283 |
During both the three months ended July 2, 2022 and July 3, 2021, amortization of intangible assets was $1.9 million. Cloud Computing Arrangements The Company capitalizes costs associated with the development of cloud computing arrangements in a manner consistent with internally developed technology. At July 2, 2022 and April 2, 2022, the Company had capitalized cloud computing costs of $23.9 million and $20.5 million, respectively. Cloud computing costs are included in other noncurrent assets in the accompanying condensed consolidated balance sheets. Amortization of capitalized cloud computing costs for the three months ended July 2, 2022 was $0.2 million. There was no amortization of capitalized cloud computing costs during the three months ended July 3, 2021.

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- 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 https://asc.fasb.org/topic&trid=2144416 + Details
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