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Other Assets, net
12 Months Ended
Mar. 29, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Other Assets, net
10.
Other Assets, net

The composition of other assets, net was as follows:

 

March 29,
2024

 

 

March 31,
2023

 

VAT receivables long-term, net

 

$

16,943

 

 

$

13,633

 

Income taxes receivable long-term

 

 

11,091

 

 

 

13,133

 

Investments in equity securities (1)

 

 

 

 

 

19,929

 

Deposits

 

 

17,928

 

 

 

17,319

 

Debt issuance costs

 

 

1,233

 

 

 

 

Long-term prepaid contracts

 

 

1,015

 

 

 

436

 

Other

 

 

3,441

 

 

 

4,780

 

Total

 

$

51,651

 

 

$

69,230

 

 

(1)
Represents equity investments in an entity whose equity securities have a readily determinable fair value. These strategic investments represent less than a 20% ownership interest in the entity, and the Company does not maintain power over or control of the entity. These investments are measured at fair value with unrealized gains and losses related to changes in the entity’s stock price and the impact of changes in foreign exchange rates each included in the consolidated statements of operations.