Intangible Assets, net (Tables)
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3 Months Ended |
Jun. 30, 2025 |
Goodwill and Intangible Assets Disclosure [Abstract] |
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Schedule of Reconciliation of the Activity Affecting Finite-Lived Intangible Assets |
A reconciliation of the activity affecting intangible assets, net is as follows: | | | | | | | | | | | | | | | | | | (In thousands) | Indefinite- Lived Trademarks | | Finite-Lived Trademarks and Customer Relationships | | Totals | Gross Carrying Amounts | | | | | | Balance — March 31, 2025 | $ | 2,136,986 | | | $ | 434,500 | | | $ | 2,571,486 | | | | | | | | | | | | | | | | | | | | | | | | | | Effects of foreign currency exchange rates | 3,197 | | | 789 | | | 3,986 | | Balance — June 30, 2025 | $ | 2,140,183 | | | $ | 435,289 | | | $ | 2,575,472 | | | | | | | | Accumulated Amortization | | | | | | Balance — March 31, 2025 | $ | — | | | $ | 276,136 | | | $ | 276,136 | | | | | | | | Additions | — | | | 4,470 | | | 4,470 | | | | | | | | Effects of foreign currency exchange rates | — | | | 37 | | | 37 | | Balance — June 30, 2025 | $ | — | | | $ | 280,643 | | | $ | 280,643 | | | | | | | | Intangible assets, net - June 30, 2025 | $ | 2,140,183 | | | $ | 154,646 | | | $ | 2,294,829 | |
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Schedule of Reconciliation of the Activity Affecting Indefinite-Lived Intangible Assets |
A reconciliation of the activity affecting intangible assets, net is as follows: | | | | | | | | | | | | | | | | | | (In thousands) | Indefinite- Lived Trademarks | | Finite-Lived Trademarks and Customer Relationships | | Totals | Gross Carrying Amounts | | | | | | Balance — March 31, 2025 | $ | 2,136,986 | | | $ | 434,500 | | | $ | 2,571,486 | | | | | | | | | | | | | | | | | | | | | | | | | | Effects of foreign currency exchange rates | 3,197 | | | 789 | | | 3,986 | | Balance — June 30, 2025 | $ | 2,140,183 | | | $ | 435,289 | | | $ | 2,575,472 | | | | | | | | Accumulated Amortization | | | | | | Balance — March 31, 2025 | $ | — | | | $ | 276,136 | | | $ | 276,136 | | | | | | | | Additions | — | | | 4,470 | | | 4,470 | | | | | | | | Effects of foreign currency exchange rates | — | | | 37 | | | 37 | | Balance — June 30, 2025 | $ | — | | | $ | 280,643 | | | $ | 280,643 | | | | | | | | Intangible assets, net - June 30, 2025 | $ | 2,140,183 | | | $ | 154,646 | | | $ | 2,294,829 | |
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Schedule of Finite-Lived Intangible Assets, Future Amortization Expense |
Finite-lived intangible assets are expected to be amortized over their estimated useful life, which ranges from a period of 10 to 24 years, and the estimated amortization expense for each of the five succeeding years and the periods thereafter is as follows (in thousands):
| | | | | | (In thousands) | | Year Ending March 31, | Amount | 2026 (remaining nine months ended March 31, 2026) | $ | 12,786 | | 2027 | 15,655 | | 2028 | 13,330 | | 2029 | 13,330 | | 2030 | 13,329 | | Thereafter | 86,216 | | | $ | 154,646 | |
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