v3.25.2
ACQUISITIONS, DIVESTITURES AND STRATEGIC INVESTMENTS (Tables)
3 Months Ended
Jun. 28, 2025
Investments, All Other Investments [Abstract]  
Schedule of Business Acquisitions, by Acquisition
The net purchase price of $176.2 million consists of the amounts presented below, which represent the final determination of the fair value of the identifiable assets acquired and liabilities assumed:
April 1, 2024
(Dollars in Thousands)
Accounts receivable$3,784 
Inventories26,300 
Prepaid expenses and other current assets906 
Property, plant and equipment200 
Intangible assets105,800 
Goodwill70,256 
Total assets acquired207,246 
Accounts payable2,260 
Accrued payroll and related costs2,129 
Other liabilities496 
Deferred tax liability26,155 
Total liabilities assumed31,040 
Net assets acquired$176,206 
The net purchase price of $243.9 million consists of the amounts presented below, which represent the final determination of the fair value of the identifiable assets acquired and liabilities assumed:
December 12, 2023
(Dollars in Thousands)
Accounts receivable$5,960 
Inventories12,075 
Prepaid expenses and other current assets2,062 
Property, plant and equipment3,028 
Intangible assets172,000 
Goodwill79,400 
Other long-term assets4,705 
Total assets acquired279,230 
Accounts payable3,251 
Accrued payroll and related costs1,723 
Other liabilities9,746 
Deferred tax liability14,805 
Other long-term liabilities5,853 
Total liabilities assumed35,378 
Net assets acquired$243,852 
Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination
Intangible assets acquired consist of the following:
AmountWeighted-Average Amortization PeriodRisk-Adjusted Discount
Rates used in Purchase Price Allocation
(Dollars in Thousands)
Developed technology$96,100 10 years22.0 %
Customer contracts and related relationships7,800 10 years21.5 %
Trade names1,900 10 years21.5 %
Total$105,800 
Intangible assets acquired consist of the following:
AmountWeighted-Average Amortization PeriodRisk-Adjusted Discount
Rates used in Purchase Price Allocation
(Dollars in Thousands)
Developed technology$114,900 15 years20.5 %
Customer contracts and related relationships52,300 15 years18.9 %
Trade names4,800 15 years20.5 %
Total$172,000