Goodwill and Intangible Assets, Net (Tables)

12 Months Ended

Apr. 01, 2023

Goodwill and Intangible Assets, Net

Schedule of net finite-lived intangible assets

Our goodwill balance totaled $197.5 million for fiscal 2023. There were no changes to the carrying amount of goodwill for fiscal 2023, 2022, and 2021.

Net intangible assets consisted of the following:

	April 1, 2023
	Gross						Weighted
	Carrying		Accumulated				Average
	Amount		Amortization		Net		Useful Life
	(in thousands, except for weighted average useful life)
Customer lists—definite lived	$	345	$	(271)	$	74	5.0
Trademarks—indefinite lived		60,677		—		60,677
Total intangible assets	$	61,022	$	(271)	$	60,751

	March 26, 2022
	Gross						Weighted
	Carrying		Accumulated				Average
	Amount		Amortization		Net		Useful Life
	(in thousands, except for weighted average useful life)
Customer lists—definite lived	$	345	$	(209)	$	136	5.0
Trademarks—indefinite lived		60,677		—		60,677
Total intangible assets	$	61,022	$	(209)	$	60,813

Schedule of net indefinite-lived intangible assets

Our goodwill balance totaled $197.5 million for fiscal 2023. There were no changes to the carrying amount of goodwill for fiscal 2023, 2022, and 2021.

Net intangible assets consisted of the following:

	April 1, 2023
	Gross						Weighted
	Carrying		Accumulated				Average
	Amount		Amortization		Net		Useful Life
	(in thousands, except for weighted average useful life)
Customer lists—definite lived	$	345	$	(271)	$	74	5.0
Trademarks—indefinite lived		60,677		—		60,677
Total intangible assets	$	61,022	$	(271)	$	60,751

	March 26, 2022
	Gross						Weighted
	Carrying		Accumulated				Average
	Amount		Amortization		Net		Useful Life
	(in thousands, except for weighted average useful life)
Customer lists—definite lived	$	345	$	(209)	$	136	5.0
Trademarks—indefinite lived		60,677		—		60,677
Total intangible assets	$	61,022	$	(209)	$	60,813

Schedule of estimated future amortization of intangible assets

As of April 1, 2023, estimated future amortization of intangible assets was as follows:

Fiscal year	(in thousands)
2024	$	54
2025		20
2026		—
2027		—
2028		—
Thereafter		—
Total	$	74