XML 49 R31.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
RESTRUCTURING (Tables)
12 Months Ended
Mar. 30, 2024
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring and Transformation Costs by Type of Cost
The following table summarizes the activity for restructuring reserves related to portfolio rationalization initiatives, the 2020 Program and prior programs for the fiscal years ended March 30, 2024, April 1, 2023 and April 2, 2022, substantially all of which relates to employee severance and other employee costs:
(In thousands)Portfolio Rationalization2020 ProgramPrior ProgramsTotal
Balance at April 3, 2021
$— $575 $437 $1,012 
Costs incurred, net of reversals— 4,202 28 4,230 
Payments— (2,317)(120)(2,437)
Balance at April 2, 2022$— $2,460 $345 $2,805 
Costs incurred, net of reversals— 576 81 657 
Payments— (1,226)(86)(1,312)
Balance at April 1, 2023$— $1,810 $340 $2,150 
Costs incurred, net of reversals13,915 450 (276)14,089 
Payments(2,606)(1,775)(64)(4,445)
Balance at March 30, 202411,309 485 — 11,794 

The following presents the restructuring costs by line item during fiscal 2024, 2023 and 2022 within our accompanying consolidated statements of income and comprehensive income:
(In thousands) 202420232022
Cost of goods sold$11,286 $(215)$2,236 
Research and development456 — 105 
Selling, general and administrative expenses2,347 872 1,889 
Total$14,089 $657 $4,230 
Restructuring and Related Costs by Segment
The following presents the restructuring related costs by line item during fiscal 2024, 2023 and 2022 within our accompanying consolidated statements of income and comprehensive income:
(In thousands) 202420232022
Cost of goods sold$5,734 $7,991 $17,832 
Research and development1,750 1,050 714 
Selling, general and administrative expenses2,015 1,851 6,048 
Total$9,499 $10,892 $24,594 

The tables below present restructuring and restructuring related costs by reportable segment:
Restructuring costs
(In thousands) 202420232022
Plasma$1,015 $(48)$2,492 
Blood Center5,606 — (18)
Hospital3,863 165 (93)
Corporate3,605 540 1,849 
Total$14,089 $657 $4,230 
Restructuring related costs
(In thousands) 202420232022
Plasma$1,050 $1,385 $7,906 
Blood Center286 75 556 
Hospital408 546 379 
Corporate7,755 8,886 15,753 
Total$9,499 $10,892 $24,594 
Total restructuring and restructuring related costs$23,588 $11,549 $28,824