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Goodwill, Intangible Assets, and Cloud Computing Arrangements | 3 Months Ended
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Jul. 01, 2023
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 both July 1, 2023 and April 1, 2023, the Company had goodwill of $196.6 million. At July 1, 2023, there were no accumulated impairment losses related to goodwill. Intangible Assets The components of amortizable intangible assets were as follows:
(Dollars in thousands) |  | July 1, 2023 |  |  | April 1, 2023 |
|  | Customer Relationships & Other |  |  | Trade Names |  |  | Total |  |  | Customer Relationships & Other |  |  | Trade Names |  |  | Total |
Gross carrying amount |  | $ | 66,129 |  |  | $ | 21,543 |  |  | $ | 87,672 |  |  | $ | 66,013 |  |  | $ | 21,497 |  |  | $ | 87,510 |
Accumulated amortization |  |  | (34,702 | ) |  |  | (10,587 | ) |  |  | (45,289 | ) |  |  | (32,103 | ) |  |  | (10,064 | ) |  |  | (42,167 | )
Amortizable intangibles, net |  | $ | 31,427 |  |  | $ | 10,956 |  |  | $ | 42,383 |  |  | $ | 33,910 |  |  | $ | 11,433 |  |  | $ | 45,343 |
During the three months ended July 1, 2023 and July 2, 2022, amortization of intangible assets was $3.0 million and $1.9 million, respectively. Cloud Computing Arrangements The Company capitalizes costs associated with the development of cloud computing arrangements in a manner consistent with internally developed software. At July 1, 2023 and April 1, 2023, the Company had capitalized cloud computing costs, net of amortization of $24.9 million and $25.0 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 both the three months ended July 1, 2023 and July 2, 2022 was $0.2 million.

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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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