V F CORP
For the period ended Dec 27, 2025. Filed Jan 28, 2026.
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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.
Dec 27, 2025 · Filed Jan 28, 2026
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Intangible Assets
NOTE 6 —INTANGIBLE ASSETS
| December 2025 · March 2025 | ||||||||
|---|---|---|---|---|---|---|---|---|
| (In thousands) · WeightedAverageAmortizationPeriod · AmortizationMethod · Cost · AccumulatedAmortization · NetCarryingAmount · NetCarryingAmount | ||||||||
| Amortizable intangible assets: | ||||||||
| Customer relationships and other | 20 years | Accelerated | $251,525 | $202,780 | $48,745 | $61,822 | ||
| Indefinite-lived intangible assets: | ||||||||
| Trademarks and trade names | 1,425,787 | 1,648,885 | ||||||
| Intangible assets, net | $1,474,532 | $1,710,707 | ||||||
During the three months ended December 2025, the Company completed the sale of Dickies, at which time intangible assets of $243.8 million were removed from the Consolidated Balance Sheet. Refer to Note 4 for additional information regarding the divestiture.
Amortization expense for the three and nine months ended December 2025 was $2.9 million and $9.2 million, respectively.
Based on the carrying amounts of amortizable intangible assets noted above, estimated amortization expense for the next five years beginning in Fiscal 2026 is $11.9 million, $10.6 million, $9.9 million, $9.0 million and $7.0 million, respectively.
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