Crown Crafts, Inc. Annual report [Section 13 and 15(d), not S-K Item 405]

Annual report [Section 13 and 15(d), not S-K Item 405]

Note 5 - Acquisition (Tables)

Note 5 - Acquisition (Tables)

12 Months Ended

Mar. 30, 2025

Notes Tables

Business Combination, Recognized Asset Acquired and Liability Assumed [Table Text Block]

Tangible assets:
Accounts receivable			3,764
Inventories			1,989
Prepaid expenses and other current assets			354
Total tangible assets			6,107
Amortizable intangible assets:
Tradename			350
Licensing relationships			4,600
Total amortizable intangible assets			4,950
Goodwill			5,840
Total acquired assets			16,897

Liabilities assumed:
Accounts payable			601
Total liabilities assumed			601
Net acquisition cost		$	16,296

Business Combination, Goodwill, Reportable Segment Assignment [Table Text Block]

Amount of goodwill recognized based upon the preliminary allocation of the acquisition cost		$	5,319
Adjustments made during the fiscal year ended March 30, 2025:
Increase to pre-acquisition accounts payable			10
Decrease to tradename as of the Closing Date			70
Decrease to licensing relationships as of the Closing Date			500
Settlement of working capital adjustment			(59	)
Net adjustments made during the fiscal year ended March 30, 2025			521

Amount of goodwill recognized as of March 30, 2025		$	5,840