XML 47 R29.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Mar. 30, 2024
Accounting Standards Update and Change in Accounting Principle [Abstract]  
Schedule of Property, Plant and Equipment Estimated Useful Lives
Property, plant and equipment is recorded at historical cost. The Company provides for depreciation and amortization by charges to operations using the straight-line method in amounts estimated to recover the cost of the building and improvements, equipment and furniture and fixtures over their estimated useful lives as follows:
Asset ClassificationEstimated
Useful Lives
Building
30-40 Years
Building improvements
5-20 Years
Plant equipment and machinery
3-15 Years
Office equipment and information technology
3-10 Years
Haemonetics equipment
3-7 Years
Schedule of Other Accrued Liabilities
Other Current Liabilities

Other current liabilities represent items payable or expected to settle within the next twelve months. The items included in the fiscal year end balances were:
(In thousands)March 30,
2024
April 1,
2023
Contract liabilities31,242 30,209 
All other104,846 81,419 
Total$136,088 $111,628 

Other Long-Term Liabilities
Other long-term liabilities represent items that are not payable or expected to settle within the next twelve months.