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Intangible Assets
3 Months Ended
Jul. 02, 2011
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Intangible Assets
Intangible Assets


The following table summarizes the gross carrying amount, accumulated amortization and net carrying amount by intangible asset class for the periods presented:
 
June 30, 2011
March 31, 2011
 
Gross Carrying Amount


Accum. Amort.


Net Carrying Amount


Gross Carrying Amount


Accum. Amort.


Net Carrying Amount


Definite-lived
 
 
 
 
 
 
Non-compete agreements
$
10,690


$
9,553


$
1,137


$
10,660


$
9,332


$
1,328


Customer relationships
126,367


38,163


88,204


126,367


35,301


91,066


Acquired backlog
17,349


17,349




17,349


17,349




Total
$
154,406


$
65,065


$
89,341


$
154,376


$
61,982


$
92,394


Indefinite-lived
 
 
 
 
 
 
Trademarks
35,992


8,253


27,739


35,992


8,253


27,739


Total
$
190,398


$
73,318


$
117,080


$
190,368


$
70,235


$
120,133




The Company’s indefinite-lived intangible assets consist solely of the Company’s trademark portfolio. The Company’s definite-lived intangible assets are comprised of employee non-compete agreements, customer relationships and backlog obtained through business acquisitions.




The following table summarizes the changes to the net carrying amounts of intangible assets for the periods presented:
 
Trademarks


Non-Competes and Backlog


Customer Relationships


Total


Balance at March 31, 2011
$
27,739


$
1,328


$
91,066


$
120,133


Amortization expense


(197
)
(2,862
)
(3,059
)
Currency translation


6




6


Current period acquisitions (see Note 9)








Balance at June 30, 2011
$
27,739


$
1,137


$
88,204


$
117,080




Intangibles amortization was $3,059 and $3,102 for the three (3) months ended June 30, 2011 and 2010, respectively.


The following table details the estimated intangibles amortization expense for the remainder of Fiscal 2012, each of the succeeding four (4) fiscal years and the periods thereafter. These estimates are based on the carrying amounts of intangible assets as of June 30, 2011 that are provisional measurements of fair value and are subject to change pending the outcome of purchase accounting related to certain acquisitions:
Fiscal
 
2012
$
9,080


2013
11,151


2014
9,966


2015
8,828


2016
8,557


Thereafter
41,759


Total
$
89,341