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Intangible Assets, net (Tables)

6 Months Ended

Sep. 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
Additions			204,100						24,870						228,970
Effects of foreign currency exchange rates			(4,498)						(139)						(4,637)
Balance — September 30, 2021			2,481,590						414,078						2,895,668
Accumulated Amortization
Balance — March 31, 2021			—						195,606						195,606
Additions			—						10,228						10,228
Effects of foreign currency exchange rates			—						(86)						(86)
Balance — September 30, 2021			—						205,748						205,748
Intangible assets, net - September 30, 2021			$	2,481,590					$	208,330					$	2,689,920

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
Additions			204,100						24,870						228,970
Effects of foreign currency exchange rates			(4,498)						(139)						(4,637)
Balance — September 30, 2021			2,481,590						414,078						2,895,668
Accumulated Amortization
Balance — March 31, 2021			—						195,606						195,606
Additions			—						10,228						10,228
Effects of foreign currency exchange rates			—						(86)						(86)
Balance — September 30, 2021			—						205,748						205,748
Intangible assets, net - September 30, 2021			$	2,481,590					$	208,330					$	2,689,920

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 six months ended March 31, 2022)			$	10,721
2023			21,413
2024			21,379
2025			19,287
2026			16,904
Thereafter			118,626
			$	208,330

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- References

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- 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

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- 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

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- 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

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