v3.26.1
Goodwill and Other Intangible Assets
12 Months Ended
Mar. 28, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets
Goodwill
The following table details the changes in goodwill for each of the Company's segments during Fiscal 2026 and Fiscal 2025:
North AmericaEuropeAsiaOther Non-reportable SegmentsTotal
(millions)
Balance at March 30, 2024$421.8 $278.8 $55.5 $132.0 $888.1 
Foreign currency translation— 0.3 0.1 — 0.4 
Balance at March 29, 2025421.8 279.1 55.6 132.0 888.5 
Foreign currency translation— 18.7 (3.0)— 15.7 
Balance at March 28, 2026$421.8 $297.8 $52.6 $132.0 $904.2 
Based on the results of the Company's goodwill impairment testing, no goodwill impairment charges were recorded in Fiscal 2026, Fiscal 2025, or Fiscal 2024. See Note 11 for further discussion of the Company's goodwill impairment testing.
Other Intangible Assets
Other intangible assets consist of the following:
March 28, 2026March 29, 2025
Gross Carrying AmountAccum. Amort.NetGross Carrying AmountAccum. Amort.Net
(millions)
Intangible assets subject to amortization:
Re-acquired licensed trademarks$222.1 $(193.8)$28.3 $223.3 $(188.2)$35.1 
Customer relationships228.4 (213.5)14.9 231.6 (213.0)18.6 
Other10.3 (8.5)1.8 10.1 (8.3)1.8 
Total intangible assets subject to amortization
460.8 (415.8)45.0 465.0 (409.5)55.5 
Intangible assets not subject to amortization:
Trademarks and brands48.3 N/A48.3 7.3 N/A7.3 
Total intangible assets
$509.1 $(415.8)$93.3 $472.3 $(409.5)$62.8 
Amortization Expense
Amortization expense was $10.7 million, $12.9 million, and $13.1 million during Fiscal 2026, Fiscal 2025, and Fiscal 2024, respectively, and was recorded within SG&A expenses in the consolidated statements of operations.
Based on the balance of the Company's finite-lived intangible assets subject to amortization as of March 28, 2026, the expected amortization expense for each of the next five fiscal years and thereafter is as follows:
Amortization
Expense
(millions)
Fiscal 2027$10.0 
Fiscal 202810.0 
Fiscal 202910.0 
Fiscal 20308.9 
Fiscal 20315.3 
Fiscal 2032 and thereafter0.8 
Total$45.0 
The expected future amortization expense amounts above reflect weighted-average estimated remaining useful lives of 4.6 years for re-acquired licensed trademarks, 4.5 years for customer relationships, and 4.8 years for the Company's finite-lived intangible assets in total.