Goodwill and Intangible Assets (Tables)

12 Months Ended

Mar. 28, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of goodwill

The carrying amount of goodwill for each of our three reportable segments were as follows:

(In thousands)	Industrial		Water Treatment		Health and Nutrition		Total
Balance as of March 31, 2019 and March 29, 2020	$	6,495	$	7,000	$	44,945	$	58,440
Addition due to acquisitions	—		12,280		—		12,280
Balance as of March 28, 2021	$	6,495	$	19,280	$	44,945	$	70,720

Summary of intangible assets

The following is a summary of our identifiable intangible assets as of March 28, 2021 and March 29, 2020:

	2021
	Gross Amount		Accumulated Amortization		Net carrying value
(In thousands)
Finite-life intangible assets:
Customer relationships	$	99,588	$	(26,522)	$	73,066
Trademarks and trade names	6,210		(4,275)		1,935
Other finite-life intangible assets	3,833		(3,693)		140
Total finite-life intangible assets	109,631		(34,490)		75,141
Indefinite-life intangible assets	1,227		—		1,227
Total intangible assets, net	$	110,858	$	(34,490)	$	76,368

	2020
	Gross Amount		Accumulated Amortization		Net carrying value
(In thousands)
Finite-life intangible assets:
Customer relationships	$	78,383	$	(21,400)	$	56,983
Trademarks and trade names	6,045		(3,640)		2,405
Other finite-life intangible assets	3,648		(3,610)		38
Total finite-life intangible assets	88,076		(28,650)		59,426
Indefinite-life intangible assets	1,227		—		1,227
Total intangible assets, net	$	89,303	$	(28,650)	$	60,653

Schedule of future amortization expense

The estimated future amortization expense for identifiable intangible assets is as follows:

(In thousands)	Intangible Assets
Fiscal 2022	$	6,235
Fiscal 2023	6,159
Fiscal 2024	6,112
Fiscal 2025	6,112
Fiscal 2026	6,012
Thereafter	$	44,511
Total	$	75,141