Goodwill and Intangible Assets (Tables)

6 Months Ended

Sep. 28, 2024

Goodwill and Intangible Assets [Abstract]

Schedule of Goodwill Balances, by Segment

Goodwill balances, by segment, consist of the following:

	Aerospace/ Defense		Industrial		Total
March 30, 2024	$	199.2	$	1,675.7	$	1,874.9
Currency translation adjustments		—		1.0		1.0
September 28, 2024	$	199.2	$	1,676.7	$	1,875.9

Schedule of Intangible Assets

Intangible Assets

	Weighted	September 28, 2024				March 30, 2024
	Average Useful Lives (Years)	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Product approvals	24	$	50.7	$	21.2	$	50.7	$	20.3
Customer relationships and lists	24		1,301.7		188.2		1,300.7		160.7
Trade names	25		217.2		37.2		217.2		32.5
Patents and trademarks	15		10.9		6.8		10.8		6.5
Domain names	10		0.4		0.4		0.4		0.4
Internal-use software	3		19.2		11.4		16.7		8.8
Other	5		1.6		1.3		1.6		1.3
			1,601.7		266.5		1,598.1		230.5
Non-amortizable repair station certifications	n/a		24.3		—		24.3		—
Total	24	$	1,626.0	$	266.5	$	1,622.4	$	230.5

Schedule of Estimated Amortization Expense

These amounts are included in other, net on the Company’s consolidated statements of operations. Estimated amortization expense for the remainder of fiscal 2025 and for the five succeeding fiscal years and thereafter is as follows:

Remainder of Fiscal 2025	$	36.3
Fiscal 2026		69.5
Fiscal 2027		64.8
Fiscal 2028		64.8
Fiscal 2029		64.7
Fiscal 2030		64.7
Fiscal 2031 and thereafter		970.4

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

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+ Details

RBC Bearings INC 10-Q