v3.26.1
FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS (Tables)
 12 Months Ended
Mar. 28, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Interest Rate Derivatives
The Company held the following interest rate swaps as of March 28, 2026:
Hedged ItemOriginal Notional Amount
Notional Amount as of March 28, 2026
Designation DateEffective DateTermination DateFixed Interest RateEstimated Fair Value Assets
(Dollars in Thousands)
1-month USD Term SOFR$109,900 $100,321 9/27/20249/30/20244/30/20293.3%$859 
1-month USD Term SOFR109,900 98,966 9/27/20249/30/20244/30/20293.3%912 
Total$219,800 $199,287 $1,771 
Accounts Receivable, Allowance for Credit Loss
The following is a roll forward of the allowance for credit losses:
Allowance for Credit Losses (Recoveries)
(Dollars in Thousands)
Balance as of April 1, 2023
$4,932 
Credit loss840 
Recoveries(77)
Balance as of March 30, 2024
$5,695 
Credit loss725 
Recoveries(120)
Balance as of March 29, 2025
$6,300 
Credit loss615 
Write-offs(3,129)
Recoveries(93)
Balance as of March 28, 2026
$3,693 
Schedule of Effect of Derivative Instruments Designated as Cash Flow Hedges and Those Not Designated as Hedging Instruments
The following table presents the effect of the Company’s derivative instruments designated as cash flow hedges and those not designated as hedging instruments under ASC Topic 815 in its consolidated statements of income and consolidated statements of comprehensive income for the fiscal year ended March 28, 2026.
Derivative InstrumentsAmount of Gain (Loss) Recognized in AOCLAmount of Gain (Loss) Reclassified from AOCL into EarningsClassification in EarningsAmount of Gain (Loss) Excluded from
Effectiveness
Testing		Classification in Earnings
(Dollars in Thousands)
Designated foreign currency hedge contracts, net of tax$2,540 $1,145 Net revenues, COGS and SG&A$2,637 Interest and other expense, net
Non-designated foreign currency hedge contracts$— $—  $(5,111)Interest and other expense, net
Designated interest rate swaps, net of tax$(443)$(5)Interest and other expense, net$— 
Schedule of Fair Value of Derivative Instruments as They Appear in Consolidated Balance Sheets
The following tables present the fair value of the Company’s derivative instruments as they appear in its consolidated balance sheets as of March 28, 2026 and March 29, 2025:
ClassificationMarch 28, 2026March 29, 2025
(Dollars in Thousands)
Derivative Assets:   
Designated foreign currency hedge contractsPrepaid expenses and other current assets$1,245 $193 
Non-designated foreign currency hedge contractsPrepaid expenses and other current assets330 85 
Designated interest rate swapsPrepaid expenses and other current assets823 1,305 
Designated interest rate swapsOther long-term assets947 1,020 
Total $3,345 $2,603 
Derivative Liabilities:   
Designated foreign currency hedge contractsOther current liabilities$50 $471 
Non-designated foreign currency hedge contractsOther current liabilities63 25 
Total $113 $496 
Schedule of Financial Assets and Financial Liabilities Measured at Fair Value on a Recurring Basis
Financial assets and financial liabilities measured at fair value on a recurring basis consist of the following as of March 28, 2026 and March 29, 2025.
As of March 28, 2026
Level 1Level 2Level 3Total
(Dollars in Thousands)
Assets   
Money market funds$90,716 $— $— $90,716 
Designated foreign currency hedge contracts— 1,245 — 1,245 
Non-designated foreign currency hedge contracts— 330 — 330 
Designated interest rate swaps— 1,770 — 1,770 
Total$90,716 $3,345 $— $94,061 
Liabilities   
Designated foreign currency hedge contracts$— $50 $— $50 
Non-designated foreign currency hedge contracts— 63 — 63 
Contingent consideration— — 21,063 21,063 
Total$— $113 $21,063 $21,176 
As of March 29, 2025
Level 1Level 2Level 3Total
(Dollars in Thousands)
Assets
Money market funds$158,916 $— $— $158,916 
Designated foreign currency hedge contracts— 193 — 193 
Non-designated foreign currency hedge contracts— 85 — 85 
Designated interest rate swaps— 2,325 — 2,325 
Total$158,916 $2,603 $— $161,519 
Liabilities
Designated foreign currency hedge contracts$— $471 $— $471 
Non-designated foreign currency hedge contracts— 25 — 25 
Contingent consideration— — 2,278 2,278 
Total$— $496 $2,278 $2,774 
The level 3 fair value measurements of contingent consideration liabilities include the following significant unobservable inputs:
Fair Value as of
March 28, 2026Valuation TechniqueUnobservable InputRange
(Dollars in Thousands)
Revenue-based payments$3,076 Monte Carlo Simulation ModelDiscount rate3.4%
Projected fiscal year of payments2028 - 2030
Event-based payments$390 Monte Carlo Simulation ModelDiscount rate5.8%
Projected fiscal year of payment2027 - 2028
$17,597 Discount Rate3.0%
Projected fiscal year of payment2027
Fair Value as of
March 29, 2025Valuation TechniqueUnobservable InputRange
(Dollars in Thousands)
Revenue-based payments$1,214 Monte Carlo Simulation ModelDiscount rate6.3%
Projected fiscal year of payments2026 - 2028
Event-based payment$1,064 Monte Carlo Simulation ModelDiscount rate5.8%
Projected fiscal year of payment2026 - 2028
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
A reconciliation of the change in the fair value of contingent consideration is included in the following table:
Contingent Consideration
(Dollars in Thousands)
Balance as of March 30, 2024
$— 
Acquisition date fair value of contingent consideration25,000 
Purchase accounting adjustments300 
Change in fair value(23,022)
Balance as of March 29, 2025
$2,278 
Acquisition date fair value of contingent consideration20,673 
Payment of contingent consideration(9)
Change in fair value(1,879)
Balance as of March 28, 2026
$21,063