Operating Segment Information (Tables)

9 Months Ended

Jan. 02, 2021

Segment Reporting [Abstract]

Summary of details of reportable segments

The following tables present details of the Company’s operating and reportable segments and a reconciliation of the “All other” category (in thousands):

	Three Months Ended				Nine Months Ended
	January 2, 2021		December 28, 2019		January 2, 2021		December 28, 2019
Revenue:
MP	$	826,021	$	662,109	$	2,048,719	$	1,841,468
IDP	268,813		206,964		893,858		609,901
Total revenue	$	1,094,834	$	869,073	$	2,942,577	$	2,451,369
Operating income (loss):
MP	$	342,118	$	219,778	$	714,959	$	553,144
IDP	59,241		32,628		219,491		97,721
All other	(102,156)		(99,337)		(320,891)		(329,803)
Operating income	299,203		153,069		613,559		321,062
Interest expense	(17,453)		(16,900)		(59,788)		(41,457)
Interest income	467		2,874		2,929		8,112
Other (expense) income, net	(58,701)		44,148		(36,106)		42,737
Income before income taxes	$	223,516	$	183,191	$	520,594	$	330,454

Summary of reconciliation of "All other" category

	Three Months Ended				Nine Months Ended
	January 2, 2021		December 28, 2019		January 2, 2021		December 28, 2019
Reconciliation of “All other” category:
Stock-based compensation expense	$	(19,247)	$	(16,381)	$	(71,154)	$	(62,210)
Amortization of intangible assets	(73,112)		(62,910)		(217,203)		(177,380)
Acquisition and integration related costs	(5,261)		(7,226)		(25,183)		(37,905)
Restructuring related charges	(546)		(5,956)		(2,093)		(17,850)
Accelerated depreciation and asset impairment	—		(4,324)		—		(26,897)
Other (including (loss) gain on assets, start-up costs and other miscellaneous corporate overhead)	(3,990)		(2,540)		(5,258)		(7,561)
Loss from operations for “All other”	$	(102,156)	$	(99,337)	$	(320,891)	$	(329,803)