Goodwill and Intangible Assets, Net |
3 Months Ended |
|---|---|
Jun. 28, 2025 | |
| Goodwill and Intangible Assets, Net | |
| Goodwill and Intangible Assets, Net | 4. Goodwill and Intangible Assets, Net The Company performs its annual goodwill impairment assessment on the first day of its fourth fiscal quarter, or more frequently if it believes that indicators of impairment exist. The Company’s goodwill balance was $197.5 million as of both June 28, 2025 and March 29, 2025. As of June 28, 2025, the Company had identified no indicators of impairment with respect to its goodwill and intangible asset balances. During both the thirteen weeks ended June 28, 2025 and June 29, 2024, the Company did not record any definite lived intangible asset impairment charges. As of both June 28, 2025 and March 29, 2025, the Company had net intangible assets for indefinite lived trademarks of $58.7 million. During the thirteen weeks ended June 28, 2025, the Company did not record amortization expense for intangible assets. During the thirteen weeks ended June 29, 2024, amortization expense for intangible assets totaled less than $0.1 million and is included in selling, general and administrative expenses. |