| Summary of Changes in Carrying Amount of Goodwill |
The table below summarizes the changes in the carrying amount of goodwill as follows:
|
|
|
|
|
|
|
Total |
|
Balance at March 29, 2024 |
|
$ |
202,425 |
|
Adjustments |
|
|
97 |
|
Foreign currency translation |
|
|
(47 |
) |
Balance at March 28, 2025 |
|
$ |
202,475 |
|
Foreign currency translation |
|
|
816 |
|
Balance at March 27, 2026 |
|
$ |
203,291 |
|
|
| Schedule of Intangible Assets, Net |
Intangible assets, net were as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
March 27,
2026 |
|
Description |
|
Gross |
|
|
Accumulated
Amortization |
|
|
Net Carrying
Amount |
|
Patents |
|
$ |
53,126 |
|
|
$ |
(30,009 |
) |
|
$ |
23,117 |
|
Customer relationships |
|
|
15,187 |
|
|
|
(5,125 |
) |
|
|
10,062 |
|
Completed technologies |
|
|
255,618 |
|
|
|
(52,391 |
) |
|
|
203,227 |
|
Indefinite-lived process technology and trademarks |
|
|
2,269 |
|
|
|
— |
|
|
|
2,269 |
|
Trademarks and other |
|
|
93 |
|
|
|
(93 |
) |
|
|
— |
|
Total |
|
$ |
326,293 |
|
|
$ |
(87,618 |
) |
|
$ |
238,675 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
March 28,
2025 |
|
Description |
|
Gross |
|
|
Accumulated
Amortization |
|
|
Net Carrying
Amount |
|
Patents |
|
$ |
49,749 |
|
|
$ |
(25,710 |
) |
|
$ |
24,039 |
|
Customer relationships |
|
|
14,964 |
|
|
|
(4,102 |
) |
|
|
10,862 |
|
Completed technologies |
|
|
255,588 |
|
|
|
(30,648 |
) |
|
|
224,940 |
|
Indefinite-lived process technology and trademarks |
|
|
2,274 |
|
|
|
— |
|
|
|
2,274 |
|
Trademarks and other |
|
|
86 |
|
|
|
(86 |
) |
|
|
— |
|
Total |
|
$ |
322,661 |
|
|
$ |
(60,546 |
) |
|
$ |
262,115 |
|
|
| Schedule of Annual Amortization Expense |
As of March 27, 2026, amortization expense of intangible assets is expected to be as follows:
|
|
|
|
|
2027 |
|
$ |
25,915 |
|
2028 |
|
|
25,549 |
|
2029 |
|
|
25,183 |
|
2030 |
|
|
24,822 |
|
2031 |
|
|
24,397 |
|
Thereafter |
|
|
110,540 |
|
Total |
|
$ |
236,406 |
|
|