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Intangible Assets, net (Tables) | 9 Months Ended
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Dec. 31, 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 |
Tradename impairment | — |  |  | (1,186) |  |  | (1,186) |
Effects of foreign currency exchange rates | 17,800 |  |  | 752 |  |  | 18,552 |
Balance — December 31, 2020 | 2,283,131 |  |  | 389,367 |  |  | 2,672,498 |
Accumulated Amortization |  |  |  |  |
Balance — March 31, 2020 | — |  |  | 175,741 |  |  | 175,741 |
Additions | — |  |  | 14,729 |  |  | 14,729 |
Effects of foreign currency exchange rates | — |  |  | 303 |  |  | 303 |
Balance — December 31, 2020 | — |  |  | 190,773 |  |  | 190,773 |
Intangible assets, net - December 31, 2020 | $ | 2,283,131 |  |  | $ | 198,594 |  |  | $ | 2,481,725 |
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 |
Tradename impairment | — |  |  | (1,186) |  |  | (1,186) |
Effects of foreign currency exchange rates | 17,800 |  |  | 752 |  |  | 18,552 |
Balance — December 31, 2020 | 2,283,131 |  |  | 389,367 |  |  | 2,672,498 |
Accumulated Amortization |  |  |  |  |
Balance — March 31, 2020 | — |  |  | 175,741 |  |  | 175,741 |
Additions | — |  |  | 14,729 |  |  | 14,729 |
Effects of foreign currency exchange rates | — |  |  | 303 |  |  | 303 |
Balance — December 31, 2020 | — |  |  | 190,773 |  |  | 190,773 |
Intangible assets, net - December 31, 2020 | $ | 2,283,131 |  |  | $ | 198,594 |  |  | $ | 2,481,725 |
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 three months ended March 31, 2021) | $ | 4,917 |
2022 | 19,670 |
2023 | 19,670 |
2024 | 19,637 |
2025 | 17,592 |
Thereafter | 117,108 |
| $ | 198,594 |

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