Operating Segment Information (Tables)

3 Months Ended

Jun. 28, 2025

Segment Reporting [Abstract]

Summary of details of reportable segments

The following tables present details of the Company’s operating and reportable segments and a reconciliation of segment operating income (loss) to consolidated income (loss) before income taxes (in thousands):


			Three Months Ended
			June 28, 2025						June 29, 2024
Revenue:
HPA			$	137,395					$	129,468
CSG			110,153						114,853
ACG			571,230						642,350
Total revenue			$	818,778					$	886,671

Segment expenses:
HPA
Cost of goods sold			$	53,974					$	66,866
Research and development			37,868						35,260
Marketing and selling			16,861						15,422
General and administrative			7,110						7,039
Segment operating income			21,582						4,881

CSG
Cost of goods sold			59,933						73,376
Research and development			32,685						35,365
Marketing and selling			18,638						19,525
General and administrative			6,430						6,088
Segment operating loss			(7,533)						(19,501)

ACG
Cost of goods sold			344,882						383,773
Research and development			94,507						104,248
Marketing and selling			14,357						15,528
General and administrative			19,550						22,352
Segment operating income			97,934						116,449

Total segment operating income			$	111,983					$	101,829

Unallocated amounts:
Stock-based compensation expense			(42,475)						(42,366)
Amortization of acquired intangible assets			(21,521)						(30,474)
Restructuring-related charges (1)			(7,879)						(19,574)
Acquisition and integration-related costs			(604)						(2,582)
Other			(9,418)						(2,227)
Consolidated operating income			30,086						4,606

Interest expense			(18,787)						(17,094)
Other income, net			20,386						11,765
Income (loss) before income taxes			$	31,685					$	(723)

(1) Refer to Note 9 for additional information.