v3.26.1
ACQUISITIONS, DIVESTITURES AND STRATEGIC INVESTMENTS (Tables)
12 Months Ended
Mar. 28, 2026
Business Combination [Abstract]  
Business Combination, Recognized Asset Acquired and Liability Assumed
The total purchase price of $164.4 million consists of the amounts presented below, which represent the initial determination of the fair value of the identifiable assets acquired and liabilities assumed:
January 9, 2026
(Dollars in Thousands)
Cash and cash equivalents$449 
Accounts receivable21 
Inventories1,056 
Prepaid expenses and other current assets1,736 
Property, plant and equipment575 
Intangible assets117,100 
Goodwill50,478 
Other long-term assets1,972 
Total assets acquired$173,387 
Accounts payable$1,186 
Accrued payroll and related costs2,889 
Other current liabilities4,741 
Other long-term liabilities199 
Total liabilities assumed9,015 
Net assets acquired$164,372 
The 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 acquired$207,246 
Accounts payable$2,260 
Accrued payroll and related costs2,129 
Other liabilities496 
Deferred tax liability26,155 
Total liabilities assumed31,040 
Net assets acquired$176,206 
Business Combination, Intangible Asset, Acquired, Finite-Lived
Intangible assets acquired consist of the following:
AmountWeighted-Average Amortization PeriodRisk-Adjusted Discount
Rates used in Purchase Price Allocation
(Dollars in Thousands)
Developed technology$117,100 16 years16.5 %
Total$117,100 
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 
Business Combination
The 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 acquired$279,230 
Accounts payable$3,251 
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 
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