Intangible Assets, net (Tables)

9 Months Ended

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