V F CORP
For the period ended Jun 28, 2025. Filed Jul 30, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 28, 2025 · Filed Jul 30, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
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Intangible Assets
NOTE 6 —INTANGIBLE ASSETS
| June 2025 · March 2025 | ||||||||
|---|---|---|---|---|---|---|---|---|
| (In thousands) · WeightedAverageAmortizationPeriod · AmortizationMethod · Cost · AccumulatedAmortization · NetCarryingAmount · NetCarryingAmount | ||||||||
| Amortizable intangible assets: | ||||||||
| Customer relationships and other | 19 years | Accelerated | $271,220 | $210,994 | $60,226 | $61,822 | ||
| Indefinite-lived intangible assets: | ||||||||
| Trademarks and trade names | 1,663,523 | 1,648,885 | ||||||
| Intangible assets, net | $1,723,749 | $1,710,707 | ||||||
Amortization expense for the three months ended June 2025 was $3.2 million. Based on the carrying amounts of amortizable intangible assets noted above, estimated amortization expense for the next five years beginning in Fiscal 2026 is $12.5 million, $12.0 million, $11.0 million, $10.0 million and $8.0 million, respectively.
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