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Goodwill, Intangible Assets, and Cloud Computing Arrangements | 12 Months Ended
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Mar. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill, Intangible Assets, and Cloud Computing Arrangements | 5. 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 March 30, 2024 and April 1, 2023, the Company had goodwill of $358.0 million and $196.6 million, respectively. Goodwill is allocated to reporting units included in the U.S. Factory-built Housing segment, which include the Company’s U.S. manufacturing and retail operations. The change in the goodwill balance for fiscal 2024 was the result of the acquisition of Regional Homes. At March 30, 2024 there were no accumulated impairment losses related to goodwill. Intangible Assets The components of amortizable intangible assets were as follows:
(Dollars in thousands) |  | March 30, 2024 |  |  | April 1, 2023 |
|  | Customer Relationships & Other |  |  | Trade Names |  |  | Total |  |  | Customer Relationships & Other |  |  | Trade Names |  |  | Total |
Gross carrying amount |  | $ | 82,909 |  |  | $ | 46,393 |  |  | $ | 129,302 |  |  | $ | 66,013 |  |  | $ | 21,497 |  |  | $ | 87,510 |
Accumulated amortization |  |  | (39,825 | ) |  |  | (13,108 | ) |  |  | (52,933 | ) |  |  | (32,103 | ) |  |  | (10,064 | ) |  |  | (42,167 | )
Amortizable intangibles, net |  | $ | 43,084 |  |  | $ | 33,285 |  |  | $ | 76,369 |  |  | $ | 33,910 |  |  | $ | 11,433 |  |  | $ | 45,343 |
Weighted average remaining amortization period, in years |  |  | 5.6 |  |  |  | 7.7 |  |  |  | 6.4 |  |  |  | 5.4 |  |  |  | 6.3 |  |  |  | 5.6 |
Amortization of intangible assets for the fiscal years ended March 30, 2024, April 1, 2023, and April 2, 2022 was $10.8 million, $10.6 million, and $7.6 million respectively. Estimated amortization expense of intangible assets over the next five years is estimated to be (dollars in thousands):
Fiscal 2025 |  | $ | 11,568 |
Fiscal 2026 |  |  | 11,568 |
Fiscal 2027 |  |  | 11,526 |
Fiscal 2028 |  |  | 11,497 |
Fiscal 2029 |  |  | 7,158 |
Cloud Computing Arrangements The Company capitalizes costs associated with the development of cloud computing arrangements in a manner consistent with internally developed software. At March 30, 2024 and April 1, 2023, the Company had capitalized cloud computing costs of $25.7 million and $25.0 million, respectively. Cloud computing costs are included in other noncurrent assets in the accompanying consolidated balance sheets. Amortization of capitalized cloud computing costs was $0.8 million for each of the fiscal years ended March 30, 2024 and April 1, 2023.

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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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