Intangible Assets

9 Months Ended

Dec. 26, 2015

Intangible Assets, Net (Excluding Goodwill) [Abstract]

The following table summarizes the gross carrying amount, accumulated amortization and net carrying amount by intangible asset class:



	December 31, 2015						March 31, 2015
	Gross Carrying Amount⁽¹⁾		Accum. Amort.⁽¹⁾		Net Carrying Amount		Gross Carrying Amount		Accum. Amort.		Net Carrying Amount
Definite-lived
Non-compete agreements	$	2,263	$	2,115	$	148	$	11,901	$	11,548	$	353
Customer relationships	121,406		69,086		52,320		137,267		77,988		59,279
Backlog	3,489		3,416		73		20,838		20,111		727
Total	$	127,158	$	74,617	$	52,541	$	170,006	$	109,647	$	60,359
Indefinite-lived
Trademarks	35,992		8,253		27,739		35,992		8,253		27,739
Total	$	163,150	$	82,870	$	80,280	$	205,998	$	117,900	$	88,098

⁽¹⁾ Reflects the write-off of fully amortized non-compete agreements, customer relationships and backlog during the three-month period ending December 26, 2015.

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. During the second quarter of Fiscal 2016 and in connection with its recent downward adjustment to revenue and profitability outlook for Fiscal 2016, the Company conducted an interim long-lived asset assessment and determined such assets were recoverable as of June 27, 2015. Further, the Company conducted its intangible assets annual impairment assessment during the third quarter of Fiscal 2016, using data as of September 26, 2015 noting no indicators that its intangible assets were not recoverable.

The following table summarizes the changes to the net carrying amounts by intangible asset class:



	Trademarks		Non-Competes and Backlog			Customer relationships			Total
March 31, 2015	$	27,739	$	1,080		$	59,279		$	88,098
Intangibles Amortization	—		(861		)	(6,959		)	(7,820		)
Foreign currency translation adjustment	—		2			—			2
December 31, 2015	$	27,739	$	221		$	52,320		$	80,280

The following table details the estimated intangibles amortization expense for the remainder of Fiscal 2016, each of the succeeding four fiscal years and the periods thereafter.



Fiscal
2016	$	2,455
2017	8,885
2018	7,428
2019	6,446
2020	5,951
Thereafter	21,376
Total	$	52,541