ACQUISITIONS (Tables)

12 Months Ended

Mar. 30, 2024

Business Combinations [Abstract]

Schedule of Business Acquisitions, by Acquisition

The purchase price of $243.9 million, net of $10.6 million of cash acquired consists of the amounts presented below, which represent the preliminary determination of the fair value of the identifiable assets acquired and liabilities assumed:

(In thousands)	December 12, 2023
Accounts receivable	$	5,960
Inventories	12,075
Prepaid expenses and other current assets	2,062
Property, plant and equipment	3,028
Intangible assets	172,000
Goodwill	99,362
Other long-term assets	4,705
Total assets acquired	$	299,192
Accounts payable	3,251
Accrued payroll and related costs	1,723
Other liabilities	9,746
Deferred tax liability	34,767
Other long-term liabilities	5,853
Total liabilities assumed	$	55,340
Net assets acquired	$	243,852

Intangible assets acquired consist of the following:

(In thousands)	Amount		Weighted-Average Amortization Period	Risk-Adjusted Discount Rates used in Purchase Price Allocation
Developed technology	$	114,900	15 years	20.5	%
Customer contracts and related relationships	52,300		15 years	18.9	%
Trade names	4,800		15 years	20.5	%
Total	$	172,000