XML 72 R3.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Apr. 02, 2011
Current assets:    
Cash and cash equivalents $ 228,861 $ 196,707
Accounts receivable, less allowance of $1,480 at March 31, 2012 and $1,799 at April 2, 2011 135,464 127,166
Inventories, net 117,163 84,387
Deferred tax asset, net 9,665 9,674
Prepaid expenses and other current assets 35,976 30,897
Total current assets 527,129 448,831
Property, plant and equipment:    
Land, building, and building improvements 59,816 52,359
Plant equipment and machinery 136,057 128,612
Office equipment and information technology 88,185 83,258
Haemonetics equipment 226,476 211,455
Total property, plant and equipment 510,534 475,684
Less: accumulated depreciation (348,877) (320,156)
Net property, plant and equipment 161,657 155,528
Other assets:    
Intangible assets, less amortization of $54,973 at March 31, 2012 and $43,827 at April 2, 2011 96,549 101,789
Goodwill 115,058 115,367
Deferred tax asset, long term 23 1,291
Other long-term assets 10,719 10,458
Total other assets 222,349 228,905
Total assets 911,135 833,264
Current liabilities:    
Notes payable and current maturities of long-term debt 894 913
Accounts payable 35,425 28,323
Accrued payroll and related costs 29,451 27,039
Accrued income taxes 8,075 6,033
Deferred tax liability 64 107
Other liabilities 56,835 46,256
Total current liabilities 130,744 108,671
Long-term debt, net of current maturities 2,877 3,966
Long-term deferred tax liability 23,332 18,669
Other long-term liabilities 21,551 15,822
Commitments and contingencies (Note 12)      
Stockholders' equity:    
Common stock, $0.01 par value; Authorized — 150,000,000 shares; Issued and outstanding — 25,301,899 shares at March 31, 2012 and 25,660,393 shares at April 2, 2011 253 256
Additional paid-in capital 322,485 302,709
Retained earnings 400,783 373,630
Accumulated other comprehensive income 9,110 9,541
Total stockholders' equity 732,631 686,136
Total liabilities and stockholders' equity $ 911,135 $ 833,264