v3.25.2
GOODWILL AND INTANGIBLE ASSETS
3 Months Ended
Jun. 28, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS
11. GOODWILL AND INTANGIBLE ASSETS
The changes in the carrying amount of goodwill by operating segment for fiscal 2026 are as follows:
PlasmaBlood CenterHospitalTotal
(Dollars in Thousands)
Carrying amount as of March 29, 2025
$29,043 $26,967 $548,259 $604,269 
Currency translation— 240 2,790 3,030 
Carrying amount as of June 28, 2025
$29,043 $27,207 $551,049 $607,299 
The gross carrying amount of intangible assets and the related accumulated amortization as of June 28, 2025 and March 29, 2025 is as follows:
Gross Carrying
Amount
Accumulated
Amortization
Net Carrying AmountWeighted Average Remaining Life (Years)
June 28, 2025
(Dollars in Thousands)
Amortizable:
Developed technology$511,449 $165,871 $345,578 12.1
Customer contracts and related relationships138,217 72,816 65,401 12.7
Capitalized software93,980 77,981 15,999 6.7
Patents and other19,678 7,361 12,317 8.5
Trade names16,182 6,623 9,559 12.3
Total$779,506 $330,652 $448,854 
Non-amortizable:
In-process software development$1,780 
Total$1,780 
Gross Carrying
Amount
Accumulated
Amortization
Net Carrying AmountWeighted Average Remaining Life (Years)
March 29, 2025
(Dollars in Thousands)
Amortizable:
Developed technology$506,143 $156,123 $350,020 12.1
Customer contracts and related relationships135,561 70,842 64,719 12.6
Capitalized software85,528 76,185 9,343 6.9
Patents and other19,678 6,796 12,882 8.5
Trade names15,955 6,367 9,588 12.3
Total$762,865 $316,313 $446,552 
Non-amortizable:
In-process software development$9,190 
Total$9,190 
Intangible assets include the value assigned to license rights and other developed technology, patents, customer contracts and relationships and trade names.
During the three months ended June 28, 2025 and June 29, 2024, amortization expense was $13.3 million and $14.5 million, respectively.
Future annual amortization expense on intangible assets for the next five years is estimated to be as follows:
Amortization Expense
(Dollars in Thousands)
Remainder of Fiscal 2026$39,135 
Fiscal 2027$50,236 
Fiscal 2028$47,787 
Fiscal 2029$46,540 
Fiscal 2030$45,272