v3.26.1
RESTRUCTURING (Tables)
3 Months Ended
Jun. 27, 2026
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 27, 2026, substantially all of which relates to employee severance, other employee costs, inventory reserves and lease termination fees:
2020 ProgramPortfolio Rationalization InitiativesMarket and Regional AlignmentTotal
Balance as of March 28, 2026
$23 $716 $568 $1,307 
Costs incurred, net of reversals— — 2,298 2,298 
Payments(23)(329)(2,091)(2,443)
Balance as of June 27, 2026
$— $387 $775 $1,162 
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 27, 2026June 28, 2025
(Dollars in Thousands)
Cost of goods sold$783 $(385)
Research and development(8)685 
Selling, general and administrative expenses1,523 966 
Total$2,298 $1,266 
The tables below present restructuring and restructuring related costs by reportable segment:
Three Months Ended
June 27, 2026June 28, 2025
(Dollars in Thousands)
Restructuring costs
Apheresis$13 $(452)
MedSurg2,309 576 
Corporate(24)1,142 
Total$2,298 $1,266 
Restructuring related costs
Apheresis$— $
MedSurg— — 
Corporate(40)49 
Total$(40)$58 
Total restructuring and restructuring related costs$2,258 $1,324