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Intangible Assets, net (Tables) | 3 Months Ended
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Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract] |
Reconciliation of the Activity Affecting Finite Lived Intangible Assets | A reconciliation of the activity affecting intangible assets, net is as follows:
(In thousands) | Indefinite- Lived Trademarks |  | Finite-Lived Trademarks and Customer Relationships |  | Totals
Gross Carrying Amounts |  |  |  |  |
Balance — March 31, 2020 | $ | 2,265,331 |  |  | $ | 389,801 |  |  | $ | 2,655,132 |
Effects of foreign currency exchange rates | 8,360 |  |  | 329 |  |  | 8,689 |
Balance — June 30, 2020 | 2,273,691 |  |  | 390,130 |  |  | 2,663,821 |
Accumulated Amortization |  |  |  |  |
Balance — March 31, 2020 | — |  |  | 175,741 |  |  | 175,741 |
Additions | — |  |  | 4,905 |  |  | 4,905 |
Effects of foreign currency exchange rates | — |  |  | 124 |  |  | 124 |
Balance — June 30, 2020 | — |  |  | 180,770 |  |  | 180,770 |
Intangible assets, net - June 30, 2020 | $ | 2,273,691 |  |  | $ | 209,360 |  |  | $ | 2,483,051 |
Reconciliation of the Activity Affecting Indefinite Lived Intangible Assets | A reconciliation of the activity affecting intangible assets, net is as follows:
(In thousands) | Indefinite- Lived Trademarks |  | Finite-Lived Trademarks and Customer Relationships |  | Totals
Gross Carrying Amounts |  |  |  |  |
Balance — March 31, 2020 | $ | 2,265,331 |  |  | $ | 389,801 |  |  | $ | 2,655,132 |
Effects of foreign currency exchange rates | 8,360 |  |  | 329 |  |  | 8,689 |
Balance — June 30, 2020 | 2,273,691 |  |  | 390,130 |  |  | 2,663,821 |
Accumulated Amortization |  |  |  |  |
Balance — March 31, 2020 | — |  |  | 175,741 |  |  | 175,741 |
Additions | — |  |  | 4,905 |  |  | 4,905 |
Effects of foreign currency exchange rates | — |  |  | 124 |  |  | 124 |
Balance — June 30, 2020 | — |  |  | 180,770 |  |  | 180,770 |
Intangible assets, net - June 30, 2020 | $ | 2,273,691 |  |  | $ | 209,360 |  |  | $ | 2,483,051 |
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense | Finite-lived intangible assets are expected to be amortized over their estimated useful life, which ranges from a period of 10 to 30 years, and the estimated amortization expense for each of the five succeeding years and the periods thereafter is as follows (in thousands):
(In thousands) |
Year Ending March 31, | Amount
2021 (remaining nine months ended March 31, 2021) | 14,725 |
2022 | 19,633 |
2023 | 19,633 |
2024 | 19,604 |
2025 | 17,560 |
Thereafter | 118,205 |
| $ | 209,360 |

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