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ACQUISITIONS (Tables)
12 Months Ended
Mar. 29, 2014
Business Combinations [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
We completed the allocation of the purchase price to the estimated fair value of the acquired assets and liabilities in June 2013 and is summarized below:
Asset class
 
Amounts Recognized as of March 30, 2013
(In thousands)
 
 
Inventories
 
$
49,917

Property, plant and equipment
 
85,984

Intangible assets
 
188,500

Other assets/liabilities, net
 
(6,166
)
Goodwill
 
216,940

Fair value of net assets acquired
 
$
535,175

The final purchase price allocation is as follows:
Asset class
 
Amounts recognized as of March 29, 2014
Acquired technology
 
$
22,800

Trade name
 
1,900

Customer relationship
 
600

Goodwill
 
6,425

Total
 
$
31,725

 
 
 
Business Acquisition, Pro Forma Information
The following represents the pro forma consolidated statements of income as if the acquisition had been included in our consolidated results as beginning April 1, 2012:
(In thousands, except per share amounts)
 
 
March 30,
2013
Net Sales
 
 
$
963,923

Net Income
 
 
$
56,540

Basic EPS
 
 
$
1.10

Diluted EPS
 
 
$
1.08