Consolidating Financial Information (Tables)

9 Months Ended

Dec. 31, 2016

Consolidating Financial Information [Abstract]

Condensed Balance Sheet [Table Text Block]

	Condensed Consolidating Balance Sheet
	December 31, 2016
(in thousands)	Parent Company			Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Consolidated
ASSETS
Current assets:
Cash and cash equivalents	$	—		$	209,656	$	286,155	$	—		$	495,811
Accounts receivable, less allowance	—			52,724		368,376		—			421,100
Intercompany accounts and notes receivable	—			416,247		19,416		(435,663		)	—
Inventories	—			92,911		381,726		(70,020		)	404,617
Prepaid expenses	—			30,843		7,263		—			38,106
Other receivables	—			7,223		75,043		—			82,266
Other current assets	—			45,539		478		—			46,017
Total current assets	—			855,143		1,138,457		(505,683		)	1,487,917
Property and equipment, net	—			1,018,563		317,204		—			1,335,767
Goodwill	—			1,953,102		220,812		—			2,173,914
Intangible assets, net	—			650,052		884,046		—			1,534,098
Long-term investments	—			25,958		8,775		—			34,733
Long-term intercompany accounts and notes receivable	—			555,909		132,572		(688,481		)	—
Investment in subsidiaries	6,149,591			1,664,718		—		(7,814,309		)	—
Other non-current assets	888			34,172		23,422		—			58,482
Total assets	$	6,150,479		$	6,757,617	$	2,725,288	$	(9,008,473	)	$	6,624,911
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable	$	—		$	129,372	$	158,055	$	526		$	287,953
Intercompany accounts and notes payable	—			19,416		416,247		(435,663		)	—
Accrued liabilities	5,931			89,705		41,363		—			136,999
Other current liabilities	—			1,271		122,373		—			123,644
Total current liabilities	5,931			239,764		738,038		(435,137		)	548,596
Long-term debt	988,886			—		—		—			988,886
Deferred tax liabilities	(120,164		)	218,067		41,350		—			139,253
Long-term intercompany accounts and notes payable	412,710			132,572		143,199		(688,481		)	—
Other long-term liabilities	—			35,393		49,667		—			85,060
Total liabilities	1,287,363			625,796		972,254		(1,123,618		)	1,761,795
Total stockholders’ equity	4,863,116			6,131,821		1,753,034		(7,884,855		)	4,863,116
Total liabilities and stockholders’ equity	$	6,150,479		$	6,757,617	$	2,725,288	$	(9,008,473	)	$	6,624,911

	Condensed Consolidating Balance Sheet
	April 2, 2016
(in thousands)	Parent Company			Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Consolidated
ASSETS
Current assets:
Cash and cash equivalents	$	—		$	220,633	$	205,248	$	—		$	425,881
Short-term investments	—			186,808		—		—			186,808
Accounts receivable, less allowance	—			203,488		112,868		—			316,356
Intercompany accounts and notes receivable	—			532,508		404,330		(936,838		)	—
Inventories	—			186,627		325,346		(84,422		)	427,551
Prepaid expenses	—			56,151		7,699		—			63,850
Other receivables	—			37,033		10,347		—			47,380
Other current assets	—			40,866		518		—			41,384
Total current assets	—			1,464,114		1,066,356		(1,021,260		)	1,509,210
Property and equipment, net	—			807,586		239,495		(193		)	1,046,888
Goodwill	—			1,868,816		266,881		—			2,135,697
Intangible assets, net	—			786,314		1,026,201		—			1,812,515
Long-term investments	—			26,050		—		—			26,050
Long-term intercompany accounts and notes receivable	—			564,397		267,823		(832,220		)	—
Investment in subsidiaries	6,151,119			1,645,846		—		(7,796,965		)	—
Other non-current assets	1,091			39,478		25,890		—			66,459
Total assets	$	6,152,210		$	7,202,601	$	2,892,646	$	(9,650,638	)	$	6,596,819
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable	$	—		$	141,792	$	66,508	$	(2,936	)	$	205,364
Intercompany accounts and notes payable	—			404,330		532,508		(936,838		)	—
Accrued liabilities	25,445			93,609		18,835		—			137,889
Other current liabilities	—			20,122		10,426		—			30,548
Total current liabilities	25,445			659,853		628,277		(939,774		)	373,801
Long-term debt	988,130			—		—		—			988,130
Deferred tax liabilities	(93,340		)	195,462		50,038		—			152,160
Long-term intercompany accounts and notes payable	232,303			267,823		332,094		(832,220		)	—
Other long-term liabilities	—			39,288		43,768		—			83,056
Total liabilities	1,152,538			1,162,426		1,054,177		(1,771,994		)	1,597,147
Total stockholders’ equity	4,999,672			6,040,175		1,838,469		(7,878,644		)	4,999,672
Total liabilities and stockholders’ equity	$	6,152,210		$	7,202,601	$	2,892,646	$	(9,650,638	)	$	6,596,819

Condensed Statement of Comprehensive Income [Table Text Block]

	Condensed Consolidating Statement of Operations and Comprehensive Income (Loss)
	Three Months Ended December 31, 2016
(in thousands)	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenue	$	—		$	280,380		$	803,114		$	(257,147	)	$	826,347
Cost of goods sold	—			227,543			800,529			(512,367		)	515,705
Gross profit	—			52,837			2,585			255,220			310,642
Operating expenses:
Research and development	9,115			1,972			106,749			(5,885		)	111,951
Selling, general and administrative	7,540			43,652			91,052			(11,572		)	130,672
Other operating expense	—			6,087			551			—			6,638
Total operating expenses	16,655			51,711			198,352			(17,457		)	249,261
Income (loss) from operations	(16,655		)	1,126			(195,767		)	272,677			61,381
Interest expense	(14,090		)	(594		)	(1,751		)	1,971			(14,464		)
Interest income	—			914			1,290			(1,971		)	233
Other (expense) income	—			530			(1,313		)	(1,826		)	(2,609		)
Income (loss) before income taxes	(30,745		)	1,976			(197,541		)	270,851			44,541
Income tax (expense) benefit	6,948			(5,949		)	(124,178		)	—			(123,179		)
Income in subsidiaries	(54,841		)	—			—			54,841			—
Net income (loss)	$	(78,638	)	$	(3,973	)	$	(321,719	)	$	325,692		$	(78,638	)
Comprehensive income (loss)	$	(78,462	)	$	(4,001	)	$	(321,515	)	$	325,516		$	(78,462	)

	Condensed Consolidating Statement of Operations and Comprehensive Income (Loss)
	Three Months Ended January 2, 2016
(in thousands)	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenue	$	—		$	361,796		$	780,824		$	(521,939	)	$	620,681
Cost of goods sold	—			343,516			567,436			(521,259		)	389,693
Gross profit	—			18,280			213,388			(680		)	230,988
Operating expenses:
Research and development	13,827			5,468			93,386			(6,689		)	105,992
Selling, general and administrative	16,481			27,815			90,819			(8,821		)	126,294
Other operating expense	—			11,762			(107		)	260			11,915
Total operating expenses	30,308			45,045			184,098			(15,250		)	244,201
Income (loss) from operations	(30,308		)	(26,765		)	29,290			14,570			(13,213		)
Interest expense	(7,276		)	(618		)	(894		)	1,120			(7,668		)
Interest income	—			688			788			(957		)	519
Other income (expense)	—			(178		)	(457		)	(4		)	(639		)
Income (loss) before income taxes	(37,584		)	(26,873		)	28,727			14,729			(21,001		)
Income tax (expense) benefit	9,811			462			(399		)	—			9,874
Income in subsidiaries	16,646			—			—			(16,646		)	—
Net income (loss)	$	(11,127	)	$	(26,411	)	$	28,328		$	(1,917	)	$	(11,127	)
Comprehensive income (loss)	$	(11,199	)	$	(26,433	)	$	28,278		$	(1,845	)	$	(11,199	)

	Condensed Consolidating Statement of Operations and Comprehensive Income (Loss)
	Nine Months Ended December 31, 2016
(in thousands)	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenue	$	—		$	957,423		$	2,377,752		$	(945,593	)	$	2,389,582
Cost of goods sold	—			812,947			1,808,869			(1,136,150		)	1,485,666
Gross profit	—			144,476			568,883			190,557			903,916
Operating expenses:
Research and development	27,032			24,239			320,280			(16,385		)	355,166
Selling, general and administrative	46,259			118,465			290,290			(42,164		)	412,850
Other operating expense	—			10,274			7,504			5,607			23,385
Total operating expenses	73,291			152,978			618,074			(52,942		)	791,401
Income (loss) from operations	(73,291		)	(8,502		)	(49,191		)	243,499			112,515
Interest expense	(44,025		)	(2,001		)	(5,070		)	5,891			(45,205		)
Interest income	—			3,906			2,481			(5,684		)	703
Other (expense) income	—			398			(478		)	(3,340		)	(3,420		)
Income (loss) before income taxes	(117,316		)	(6,199		)	(52,258		)	240,366			64,593
Income tax (expense) benefit	26,824			(56,493		)	(107,390		)	—			(137,059		)
Income in subsidiaries	18,026			—			—			(18,026		)	—
Net income (loss)	$	(72,466	)	$	(62,692	)	$	(159,648	)	$	222,340		$	(72,466	)
Comprehensive income (loss)	$	(72,887	)	$	(62,647	)	$	(160,114	)	$	222,761		$	(72,887	)

	Condensed Consolidating Statement of Operations and Comprehensive Income (Loss)
	Nine Months Ended January 2, 2016
(in thousands)	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenue	$	—		$	1,727,819		$	2,045,111		$	(1,770,273	)	$	2,002,657
Cost of goods sold	—			1,382,666			1,570,039			(1,745,401		)	1,207,304
Gross profit	—			345,153			475,072			(24,872		)	795,353
Operating expenses:
Research and development	52,102			98,100			213,339			(22,046		)	341,495
Selling, general and administrative	62,106			129,073			257,330			(41,493		)	407,016
Other operating expense	—			40,311			2,778			262			43,351
Total operating expenses	114,208			267,484			473,447			(63,277		)	791,862
Income (loss) from operations	(114,208		)	77,669			1,625			38,405			3,491
Interest expense	(7,855		)	(2,008		)	(2,049		)	3,036			(8,876		)
Interest income	—			1,835			2,100			(2,552		)	1,383
Other income (expense)	—			2,824			(861		)	1,898			3,861
Income (loss) before income taxes	(122,063		)	80,320			815			40,787			(141		)
Income tax (expense) benefit	35,460			(16,162		)	(23,800		)	—			(4,502		)
Income in subsidiaries	81,960			—			—			(81,960		)	—
Net income (loss)	$	(4,643	)	$	64,158		$	(22,985	)	$	(41,173	)	$	(4,643	)
Comprehensive income (loss)	$	(5,872	)	$	62,885		$	(22,941	)	$	(39,944	)	$	(5,872	)

Condensed Cash Flow Statement [Table Text Block]

	Condensed Consolidating Statement of Cash Flows
	Nine Months Ended December 31, 2016
(in thousands)	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Consolidated
Net cash provided by operating activities	$	135,096		$	72,180		$	322,473		$	—	$	529,749
Investing activities:
Purchase of property and equipment	—			(275,018		)	(111,937		)	—		(386,955		)
Purchase of a business, net of cash acquired	—			—			(118,133		)	—		(118,133		)
Purchase of available-for-sale securities	—			(469		)	—			—		(469		)
Proceeds from maturities and sales of available-for-sale securities	—			186,793			—			—		186,793
Other investing activities	—			4,279			(8,900		)	—		(4,621		)
Net cash used in investing activities	—			(84,415		)	(238,970		)	—		(323,385		)
Financing activities:
Excess tax benefit from exercises of stock options	12			—			—			—		12
Proceeds from the issuance of common stock	38,417			—			—			—		38,417
Repurchase of common stock, including transaction costs	(158,491		)	—			—			—		(158,491		)
Tax withholding paid on behalf of employees for restricted stock units	(15,034		)	—			—			—		(15,034		)
Other financing activities	—			20			—			—		20
Net transactions with related parties	—			1,238			(1,238		)	—		—
Net cash (used in) provided by financing activities	(135,096		)	1,258			(1,238		)	—		(135,076		)
Effect of exchange rate changes on cash	—			—			(1,358		)	—		(1,358		)
Net increase (decrease) in cash and cash equivalents	—			(10,977		)	80,907			—		69,930
Cash and cash equivalents at the beginning of the period	—			220,633			205,248			—		425,881
Cash and cash equivalents at the end of the period	$	—		$	209,656		$	286,155		$	—	$	495,811

	Condensed Consolidating Statement of Cash Flows
	Nine Months Ended January 2, 2016
(in thousands)	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Consolidated
Net cash provided by (used in) operating activities	$	(206,611	)	$	643,342		$	91,502		$	—	$	528,233
Investing activities:
Purchase of property and equipment	—			(196,067		)	(35,087		)	—		(231,154		)
Purchase of available-for-sale securities	—			(343,466		)	—			—		(343,466		)
Proceeds from maturities and sales of available-for-sale securities	—			391,522			—			—		391,522
Other investing activities	—			668			—			—		668
Net cash used in investing activities	—			(147,343		)	(35,087		)	—		(182,430		)
Financing activities:
Proceeds from debt issuances	1,125,000			—			—			—		1,125,000
Payment of debt	(125,000		)	—			—			—		(125,000		)
Debt issuance costs	(12,890		)	—			—			—		(12,890		)
Excess tax benefit from exercises of stock options	339			—			—			—		339
Proceeds from the issuance of common stock	40,474			—			—			—		40,474
Repurchase of common stock, including transaction costs	(800,009		)	—			—			—		(800,009		)
Tax withholding paid on behalf of employees for restricted stock units	(21,303		)	—			—			—		(21,303		)
Other financing activities	—			87			—			—		87
Net transactions with related parties	—			(1,054		)	1,054			—		—
Net cash provided by (used in) financing activities	206,611			(967		)	1,054			—		206,698
Effect of exchange rate changes on cash	—			—			(718		)	—		(718		)
Net increase in cash and cash equivalents	—			495,032			56,751			—		551,783
Cash and cash equivalents at the beginning of the period	—			154,332			145,482			—		299,814
Cash and cash equivalents at the end of the period	$	—		$	649,364		$	202,233		$	—	$	851,597