XML 107 R29.htm IDEA: XBRL DOCUMENT
v3.21.2

Intangible Assets, net (Tables) | 3 Months Ended
--- | ---
Jun. 30, 2021
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, 2021 | $ | 2,281,988 |  |  | $ | 389,347 |  |  | $ | 2,671,335 |
Effects of foreign currency exchange rates | (1,143) |  |  | (24) |  |  | (1,167) |
Balance — June 30, 2021 | 2,280,845 |  |  | 389,323 |  |  | 2,670,168 |
Accumulated Amortization |  |  |  |  |
Balance — March 31, 2021 | — |  |  | 195,606 |  |  | 195,606 |
Additions | — |  |  | 4,867 |  |  | 4,867 |
Effects of foreign currency exchange rates | — |  |  | (19) |  |  | (19) |
Balance — June 30, 2021 | — |  |  | 200,454 |  |  | 200,454 |
Intangible assets, net - June 30, 2021 | $ | 2,280,845 |  |  | $ | 188,869 |  |  | $ | 2,469,714 |
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, 2021 | $ | 2,281,988 |  |  | $ | 389,347 |  |  | $ | 2,671,335 |
Effects of foreign currency exchange rates | (1,143) |  |  | (24) |  |  | (1,167) |
Balance — June 30, 2021 | 2,280,845 |  |  | 389,323 |  |  | 2,670,168 |
Accumulated Amortization |  |  |  |  |
Balance — March 31, 2021 | — |  |  | 195,606 |  |  | 195,606 |
Additions | — |  |  | 4,867 |  |  | 4,867 |
Effects of foreign currency exchange rates | — |  |  | (19) |  |  | (19) |
Balance — June 30, 2021 | — |  |  | 200,454 |  |  | 200,454 |
Intangible assets, net - June 30, 2021 | $ | 2,280,845 |  |  | $ | 188,869 |  |  | $ | 2,469,714 |
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
2022 (remaining nine months ended March 31, 2022) | $ | 14,599 |
2023 | 19,465 |
2024 | 19,441 |
2025 | 17,398 |
2026 | 15,126 |
Thereafter | 102,840 |
| $ | 188,869 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance and exist in perpetuity, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -Subparagraph (b),(d) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16373-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration