v3.26.1
Operating Segment Information (Tables)
 3 Months Ended
Jun. 27, 2026
Segment Reporting [Abstract]  
Segment Reporting
The following table presents details of the Company’s operating and reportable segments and a reconciliation of segment operating income (loss) to consolidated income before income taxes (in thousands):
Three Months Ended
June 27, 2026June 28, 2025
Revenue:
HPA$206,357 $137,395 
CSG101,869 110,153 
ACG476,569 571,230 
Total revenue$784,795 $818,778 
Segment expenses:
HPA
Cost of goods sold$71,269 $53,974 
Research and development39,839 37,868 
Marketing and selling17,791 16,861 
General and administrative7,499 7,110 
Segment operating income69,959 21,582 
CSG
Cost of goods sold57,808 59,933 
Research and development23,302 32,685 
Marketing and selling13,000 18,638 
General and administrative4,765 6,430 
Segment operating income (loss)2,994 (7,533)
ACG
Cost of goods sold241,450 344,882 
Research and development95,694 94,507 
Marketing and selling13,691 14,357 
General and administrative17,182 19,550 
Segment operating income108,552 97,934 
Total segment operating income$181,505 $111,983 
Unallocated amounts:
Stock-based compensation expense(34,411)(42,475)
Amortization of acquired intangible assets(8,777)(21,521)
Restructuring-related charges (1)
(11,521)(7,879)
Merger-related costs (2)
(14,885)(465)
Other (3)
(15,141)(9,557)
Consolidated operating income96,770 30,086 
Interest expense(15,852)(18,787)
Other income, net19,608 20,386 
Income before income taxes$100,526 $31,685 
(1) Refer to Note 9 for additional information.
(2) Refer to Note 2 for additional information.
(3) Includes deferred compensation expense; start-up costs; and certain settlements, gains, losses and other charges.