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SEGMENT AND ENTERPRISE-WIDE INFORMATION
12 Months Ended
Mar. 30, 2019
Segment Reporting [Abstract]  
SEGMENT AND ENTERPRISE-WIDE INFORMATION
SEGMENT AND ENTERPRISE-WIDE INFORMATION

The Company determines its reportable segments by first identifying its operating segments and then by assessing whether any components of these segments constitute a business for which discrete financial information is available and where segment management regularly reviews the operating results of that component. The Company's operating segments are based primarily on geography. North America Plasma is a separate operating segment with dedicated segment management due to the size and scale of the Plasma business unit. It aggregates components within an operating segment that have similar economic characteristics.

The Company’s reportable segments are as follows:
Japan
EMEA
North America Plasma
All Other

The Company has aggregated the Americas Blood Center and Hospital and Asia - Pacific operating segments into the All Other reportable segment based upon their similar operational and economic characteristics.

The Company measures and evaluates the operating segments based on operating income. It excludes certain corporate expenses from segment operating income. In addition, certain amounts that the Company considers to be non-recurring or non-operational are excluded from segment operating income because it evaluates the operating results of the segments excluding such items. These items include restructuring and turnaround costs, deal amortization, asset impairments, PCS2 accelerated depreciation and related costs and certain legal charges. Although these amounts are excluded from segment operating income, as applicable, they are included in the reconciliations that follow. The Company measures and evaluates its net revenues and operating income using internally derived standard currency exchange rates that remain constant from year to year; therefore, segment information is presented on this basis.

During fiscal 2019, the Company reorganized its operating segments such that certain immaterial components of EMEA are now reported as components of All Other. Accordingly, the prior year numbers have been updated to reflect this reclassification as well as other changes within the cost reporting structure that occurred in the first quarter of fiscal 2019. These changes did not have an impact on the Company's ability to aggregate Americas Blood Center and Hospital with Asia - Pacific.

Selected information by business segment is presented below:
(In thousands)
2019
 
2018
 
2017
Net revenues
 
 
 
 
 
Japan
$
70,227

 
$
68,172

 
$
74,695

EMEA
169,862

 
173,551

 
188,907

North America Plasma
395,922

 
333,831

 
309,718

All Other
337,054

 
333,763

 
326,260

Net revenues before foreign exchange impact
973,065

 
909,317

 
899,580

Effect of exchange rates
(5,486
)
 
(5,394
)
 
(13,464
)
Net revenues
$
967,579

 
$
903,923

 
$
886,116

(In thousands)
2019
 
2018
 
2017
Segment operating income
 
 
 
 
 
Japan
$
36,226

 
$
40,193

 
$
43,042

EMEA
49,730

 
68,897

 
74,878

North America Plasma
167,205

 
129,697

 
109,889

All Other
141,070

 
140,623

 
141,427

Segment operating income
394,231

 
379,410

 
369,236

  Corporate operating expenses
(237,568
)
 
(252,222
)
 
(249,048
)
  Effect of exchange rates
8,367

 
4,059

 
(4,772
)
Restructuring and turnaround costs
(13,660
)
 
(44,125
)
 
(34,337
)
Deal amortization
(24,803
)
 
(26,013
)
 
(27,107
)
Impairment of assets
(21,170
)
 
(1,941
)
 
(73,353
)
Legal charges
(2,726
)
 
(3,011
)
 

PCS2 accelerated depreciation and related costs
(19,126
)
 

 

Operating income (loss)
$
83,545

 
$
56,157

 
$
(19,381
)
(In thousands)
2019
 
2018
 
2017
Depreciation and amortization
 
 
 
 
 
Japan
$
520

 
$
486

 
$
827

EMEA
4,153

 
4,464

 
4,255

North America Plasma
39,497

 
16,060

 
13,022

All Other
65,248

 
68,237

 
71,629

Total depreciation and amortization (excluding impairment charges)
$
109,418

 
$
89,247

 
$
89,733

(In thousands)
March 30,
2019
 
March 31,
2018
 
April 1,
2017
Long-lived assets(1)
 
 
 
 
 
Japan
$
26,660

 
$
26,640

 
$
21,412

EMEA
71,048

 
74,783

 
63,854

North America Plasma
113,921

 
91,815

 
142,164

All Other
132,350

 
138,918

 
96,432

Total long-lived assets
$
343,979

 
$
332,156

 
$
323,862

(1) Long-lived assets are comprised of property, plant and equipment.

Selected information by principle operating regions is presented below:
(In thousands)
2019
 
2018
 
2017
Net Revenues
 
 
 
 
 
United States
$
606,845

 
$
548,731

 
$
522,686

Japan
69,908

 
67,319

 
79,266

Europe
164,504

 
164,226

 
166,007

Asia
118,700

 
115,127

 
109,858

Other
7,622

 
8,520

 
8,299

Net revenues
$
967,579

 
$
903,923

 
$
886,116

(In thousands)
March 30,
2019
 
March 31,
2018
 
April 1,
2017
Long-lived assets(1)
 
 
 
 
 
United States
$
269,849

 
$
236,603

 
$
241,610

Japan
1,726

 
1,511

 
1,691

Europe
11,200

 
13,696

 
12,952

Asia
30,930

 
36,431

 
34,174

Other
30,274

 
43,915

 
33,435

Total long-lived assets
$
343,979

 
$
332,156

 
$
323,862

(1) Long-lived assets are comprised of property, plant and equipment.


The Company's products are organized into three categories for purposes of evaluating their growth potential: Plasma, Blood Center and Hospital. Management reviews revenue trends based on these business units.

Net revenues by business unit are as follows:
(In thousands)
2019
 
2018
 
2017
Plasma
501,837

 
435,956

 
410,727

Blood Center
269,203

 
284,902

 
303,890

Hospital
196,539

 
183,065

 
171,499

Net revenues
$
967,579

 
$
903,923

 
$
886,116