BALANCE SHEET ITEMS (Tables)

3 Months Ended

Jun. 29, 2018

Balance Sheet Related Disclosures [Abstract]

The components of inventories, net of applicable lower of cost and net realizable value write-downs, were as follows:



	As of June 29, 2018		As of March 31, 2018
	(In thousands)
Raw materials	$	3,096,814	$	2,760,410
Work-in-progress	403,625		450,569
Finished goods	484,132		588,850
	$	3,984,571	$	3,799,829

Schedule of goodwill

The following table summarizes the activity in the Company’s goodwill account for each of its four segments during the three-month period ended June 29, 2018:



	HRS			CTG		IEI		CEC		Amount
	(In thousands)
Balance, beginning of the year	$	550,983		$	107,748	$	337,707	$	124,732	$	1,121,170
Foreign currency translation adjustments (1)	(26,394		)	—		—		—		(26,394		)
Balance, end of the period	$	524,589		$	107,748	$	337,707	$	124,732	$	1,094,776


(1)	During the three-month period ended June 29, 2018, the Company recorded $26.4 million of foreign currency translation adjustments primarily related to the goodwill associated with the acquisition of Mirror Controls International ("MCi") and AGM Automotive ("AGM"), as the U.S. Dollar fluctuated against foreign currencies.

Schedule of components of acquired intangible assets

The components of acquired intangible assets are as follows:



	As of June 29, 2018							As of March 31, 2018
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
	(In thousands)
Intangible assets:
Customer-related intangibles	$	303,790	$	(88,667	)	$	215,123	$	306,943	$	(79,051	)	$	227,892
Licenses and other intangibles	286,177		(110,473		)	175,704		304,007		(107,466		)	196,541
Total	$	589,967	$	(199,140	)	$	390,827	$	610,950	$	(186,517	)	$	424,433

Schedule of estimated future annual amortization expense for intangible assets

The estimated future annual amortization expense for intangible assets is as follows:



Fiscal Year Ending March 31,	Amount
	(In thousands)
2019 (1)	$	54,200
2020	66,514
2021	62,135
2022	53,323
2023	45,089
Thereafter	109,566
Total amortization expense	$	390,827

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(1)	Represents estimated amortization for the remaining nine-month period ending March 31, 2019.