Goodwill and Intangible Assets

12 Months Ended

Mar. 30, 2024

Goodwill and Intangible Assets [Abstract]

Goodwill and Intangible Assets

Note 5 – Goodwill and Intangible Assets

Reconciliation of Changes in Goodwill
(thousands)		2024		2023
Balance at beginning of period	$	736,457	$	776,714
Current fiscal year acquisitions		—		6,280
Current fiscal year divestiture		—		(46,426)
Adjustments to prior fiscal year acquisitions		(22)		(111)
Balance at end of period	$	736,435	$	736,457

Intangible Assets	March 30, 2024				March 25, 2023
		Gross		Accumulated		Gross		Accumulated
(thousands)		Carrying Amount		Amortization		Carrying Amount		Amortization
Customer lists	$	31,043	$	25,654	$	31,043	$	23,967
Trade names		16,432		11,957		16,432		11,139
Franchise agreements and reacquired rights		8,800		5,366		8,800		4,607
Other intangible assets		50		50		50		50
Total	$	56,325	$	43,027	$	56,325	$	39,763

Estimated Weighted Average Useful Lives	Life (Years)
Customer lists	10
Trade names	15
Franchise agreements and reacquired rights	12

Amortization expense was $3.3 million, $3.7 million, and $4.2 million for 2024, 2023, and 2022, respectively.

Estimated Future Amortization Expense
(thousands)		Amortization
2025	$	2,896
2026		2,677
2027		2,327
2028		2,182
2029		1,826