v3.25.2
RESTRUCTURING (Tables)
3 Months Ended
Jun. 28, 2025
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring Reserve by Type of Cost
The following table summarizes the activity for restructuring reserves related to the 2020 Program, the portfolio rationalization initiatives and the market and regional alignment initiative for the three months ended June 28, 2025, substantially all of which relates to employee severance, other employee costs, inventory reserves and lease termination fees:
2020 ProgramPortfolio RationalizationMarket and Regional AlignmentTotal
(Dollars in Thousands)
Balance at March 29, 2025
$290 $2,735 $— $3,025 
Costs incurred, net of reversals(67)(1,431)2,764 1,266 
Payments(158)(204)(865)(1,227)
Balance at June 28, 2025
$65 $1,100 $1,899 $3,064 
Schedule of Restructuring and Related Costs
The following presents the net restructuring costs by line item within the Company’s accompanying unaudited condensed consolidated statements of income:
 Three Months Ended
June 28, 2025June 29, 2024
(Dollars in Thousands)
Cost of goods sold$(385)$4,366 
Research and development685 (12)
Selling, general and administrative expenses966 268 
Total$1,266 $4,622 
The tables below present restructuring and restructuring related costs by reportable segment:
Three Months Ended
June 28, 2025June 29, 2024
(Dollars in Thousands)
Restructuring costs
Plasma$568 $63 
Blood Center(1,020)1,163 
Hospital576 297 
Corporate1,142 3,099 
Total$1,266 $4,622 
Restructuring related costs
Plasma$$175 
Blood Center— 43 
Hospital— 108 
Corporate49 2,192 
Total$58 $2,518 
Total restructuring and restructuring related costs$1,324 $7,140