Goodwill and Acquisition-Related Intangibles (Tables)

12 Months Ended

Apr. 03, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of goodwill

Summaries of goodwill and acquisitions-related intangibles balances as of April 3, 2021 and March 28, 2020 were as follows:

(In thousands)	March 28, 2020		Acquisitions	Other	April 3, 2021
Goodwill	$	619,196	1,284	217	$	620,697

Gross and net amounts of goodwill and of acquisition-related intangibles

Summaries of goodwill and acquisitions-related intangibles balances as of April 3, 2021 and March 28, 2020 were as follows:

(In thousands)	March 28, 2020		Acquisitions	Other	April 3, 2021
Goodwill	$	619,196	1,284	217	$	620,697

					Weighted-Average
(In thousands)	April 3, 2021		March 28, 2020		Amortization Life
Core technology, gross	$	249,847	$	209,131
Less accumulated amortization	(133,007)		(105,007)
Core technology, net	116,840		104,124		3.8 years
Other intangibles, gross	95,759		95,759
Less accumulated amortization	(67,999)		(56,531)
Other intangibles, net	27,760		39,228		3.4 years
In-process research and development	26,992		56,992
Total acquisition-related intangibles, gross	372,598		361,882
Less accumulated amortization	(201,006)		(161,538)
Total acquisition-related intangibles, net	$	171,592	$	200,344

Schedule of expected annual amortization expense for acquisition-related intangibles

Based on the carrying value of acquisition-related intangibles recorded as of April 3, 2021, and assuming no subsequent impairment of the underlying assets, the annual amortization expense for acquisition-related intangibles is expected to be as follows:

Fiscal	(In thousands)
2022	$	43,502
2023	41,836
2024	37,586
2025	14,747
2026	6,929
Total	$	144,600