GOODWILL AND INTANGIBLE ASSETS

12 Months Ended

Mar. 30, 2013

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND INTANGIBLE ASSETS

The changes in the carrying amount of goodwill for fiscal 2013 and 2012 are as follows:



(In thousands)
Carrying amount as of April 2, 2011	$	115,367
Effect of change in foreign currency exchange rates	(309		)
Carrying amount as of March 31, 2012	$	115,058
Whole blood business (a)	216,940
Effect of change in foreign currency exchange rates	(1,524		)
Carrying amount as of March 30, 2013	$	330,474


(a)	See Note 3, Acquisitions, for a full description of the acquisition of the whole blood assets, which occurred on August 1, 2012.

Intangible Assets

Intangible assets include the value assigned to license rights and other developed technology, patents, customer contracts and relationships and a trade name. The estimated useful lives for all of these intangible assets are 2 to 19 years.

Aggregate amortization expense for amortized intangible assets for fiscal year 2013, 2012, and 2011 was $22.1 million, $11.4 million, and $11.1 million, respectively. Future annual amortization expense on intangible assets is expected to approximate $26.2 million for fiscal year 2014, $24.9 million for fiscal year 2015, $24.6 million for fiscal year 2016, $24.5 million for fiscal year 2017 and $23.7 million for fiscal year 2018.



	Gross Carrying Amount		Accumulated Amortization		Net		Weighted Average Useful Life
	(In thousands)		(In thousands)		(In thousands)		(In years)
As of March 30, 2013
Patents	$	8,706	$	6,397	$	2,309	10
Capitalized software	26,841		2,333		24,508		6
Other developed technology	99,486		24,843		74,643		12
Customer contracts and related relationships	196,365		36,552		159,813		12
Trade names	5,383		2,268		3,115		10
Total intangibles	$	336,781	$	72,393	$	264,388	11



	Gross Carrying Amount		Accumulated Amortization		Net		Weighted Average Useful Life
	(In thousands)		(In thousands)		(In thousands)		(In years)
As of March 31, 2012
Patents	$	13,463	$	7,843	$	5,620	11
Capitalized software	20,597		1,394		19,203		6
Other developed technology	42,693		20,120		22,573		11
Customer contracts and related relationships	69,361		23,639		45,722		12
Trade names	5,408		1,977		3,431		10
Total intangibles	$	151,522	$	54,973	$	96,549	11

The changes to the net carrying value of our intangible assets from March 31, 2012 to March 30, 2013 reflect acquisition of the whole blood intangible assets, amortization expense and the effect of exchange rate changes in the translation of our intangible assets held by our international subsidiaries. Also contributing to the change was an asset write-off recorded in the fourth quarter of fiscal 2013 associated with exiting activities related to technologies originally acquired from Arryx, Inc. The total asset write-off related to abandoning Arryx-related assets was $4.2 million, net of $0.9 million of proceeds from the sale of certain intellectual property.

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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