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Goodwill, Intangible Assets, and Cloud Computing Arrangements | 3 Months Ended
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Jun. 29, 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 June 29, 2024 and March 30, 2024, the Company had goodwill of $358.0 million. 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. At June 29, 2024, there were no accumulated impairment losses related to goodwill. Intangible Assets The components of amortizable intangible assets were as follows:
(Dollars in thousands) |  | June 29, 2024 |  |  | March 30, 2024 |
|  | Customer Relationships & Other |  |  | Trade Names |  |  | Total |  |  | Customer Relationships & Other |  |  | Trade Names |  |  | Total |
Gross carrying amount |  | $ | 82,856 |  |  | $ | 46,373 |  |  | $ | 129,229 |  |  | $ | 82,909 |  |  | $ | 46,393 |  |  | $ | 129,302 |
Accumulated amortization |  |  | (41,606 | ) |  |  | (14,164 | ) |  |  | (55,770 | ) |  |  | (39,825 | ) |  |  | (13,108 | ) |  |  | (52,933 | )
Amortizable intangibles, net |  | $ | 41,250 |  |  | $ | 32,209 |  |  | $ | 73,459 |  |  | $ | 43,084 |  |  | $ | 33,285 |  |  | $ | 76,369 |
During the three months ended June 29, 2024 and July 1, 2023, amortization of intangible assets was $2.9 million and $3.0 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 June 29, 2024 and March 30, 2024, the Company had capitalized cloud computing costs, net of amortization of $25.5 million and $25.7 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 June 29, 2024 and July 1, 2023 was $0.2 million.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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