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Business Combinations (Tables)
6 Months Ended
Sep. 30, 2012
Business Acquisition  
Business Acquisition, Pro Forma Information
 
Three Months Ended
 
Six Months Ended
 
(Unaudited in thousands, except per share data)
September 30, 2012
 
October 2, 2011
 
September 30,
2012
 
October 2,
2011
Revenues
133,449

 
138,734

 
263,963

 
288,605

Net income (loss)
346

 
1,163

 
(4,361
)
 
6,465

Basic net income per share- continuing operations

 
0.01

 
(0.03
)
 
0.04

Diluted net income per share - continuing operations

 
0.01

 
(0.03
)
 
0.04

Fox Enterprise [Member]
 
Business Acquisition  
Purchase Price Allocation
The aggregate purchase price was allocated as follows:
(in thousands)
Fair Value
Cash
$
1,080

Accounts receivable
4,053

Inventories
2,600

Prepaid expenses and other current assets
363

Property, plant and equipment, net
656

Accounts payable and accrued expenses
(3,765
)
Other long term assets
1,190

Other long term liabilities
(1,516
)
Long term deferred tax liability
(4,345
)
Intangible assets (other than goodwill)
12,300

Goodwill
16,305

Total purchase price
$
28,921

Amortizable Intangible Assets Acquired
A summary of the allocation of intangible assets (other than goodwill) is as follows:
(in thousands)
Fair Value
Existing technologies
$
7,900

Customer relationships
2,000

Trade names and trademarks
1,500

In process research and development
900

Total
$
12,300

Alvand Technologies [Member]
 
Business Acquisition  
Purchase Price Allocation
The aggregate purchase price was allocated as follows:
(in thousands)
Fair Value
Cash
$
147

Accounts receivable
211

Prepaid expenses
124

Property, plant and equipment, net
15

Accounts payable and other current liabilities
(707
)
Backlog
1,500

Non-competition agreements
2,300

Goodwill
19,712

Total purchase price
$
23,302

NXP B.V [Member]
 
Business Acquisition  
Purchase Price Allocation
The assets acquired and liabilities assumed were recognized in the following manner based on their fair values as at July 19, 2012:
(in thousands)
Fair Value
Inventories
$
252

Property, plant and equipment, net
1,125

Funded pension assets *
666

Accrued pension liabilities*
(666
)
Other long term liabilities
(435
)
Intangible assets (other than goodwill)
12,500

Goodwill
13,720

Total purchase price
$
27,162


* See Note 16 for information regarding pension plans adopted.
Amortizable Intangible Assets Acquired
A summary of the allocation of intangible assets (other than goodwill) is as follows:
(in thousands)
Fair Value
Existing technologies
$
7,500

Customer relationships
2,700

In-process research and development
1,900

Non-compete agreements
300

Backlog
100

Total
$
12,500