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SUMMARY OF ACCOUNTING POLICIES (Tables)
3 Months Ended
Jun. 29, 2012
SUMMARY OF ACCOUNTING POLICIES  
Schedule of cash and cash equivalents

 

 

 

 

As of

 

As of

 

 

 

June 29, 2012

 

March 31, 2012

 

 

 

(In thousands)

 

Cash and bank balances

 

$

1,019,321

 

$

1,174,423

 

Money market funds and time deposits

 

265,732

 

343,906

 

 

 

$

1,285,053

 

$

1,518,329

 

Schedule of components of inventories

 

 

 

 

As of

 

As of

 

 

 

June 29, 2012

 

March 31, 2012

 

 

 

(In thousands)

 

Raw materials

 

$

1,882,465

 

$

1,950,181

 

Work-in-progress

 

507,902

 

537,240

 

Finished goods

 

767,563

 

820,649

 

 

 

$

3,157,930

 

$

3,308,070

 

 

Schedule of goodwill

 

 

 

 

Amount

 

 

 

(In thousands)

 

Balance, beginning of the year

 

$

101,670

 

Acquisitions (1) 

 

35,392

 

Foreign currency translation adjustments

 

(780

)

Balance, end of the quarter

 

$

136,282

 

 

(1)

The amount is attributable to certain acquisitions that were not individually, nor in the aggregate, significant to the Company. See note 9 to the condensed consolidated financial statements for additional information.

Schedule of components of acquired intangible assets

 

 

 

 

As of June 29, 2012

 

As of March 31, 2012

 

 

 

Gross

 

 

 

Net

 

Gross

 

 

 

Net

 

 

 

Carrying

 

Accumulated

 

Carrying

 

Carrying

 

Accumulated

 

Carrying

 

 

 

Amount

 

Amortization

 

Amount

 

Amount

 

Amortization

 

Amount

 

 

 

(In thousands)

 

Intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer-related intangibles

 

$

276,476

 

$

(228,986

)

$

47,490

 

$

276,681

 

$

(221,238

)

$

55,443

 

Licenses and other intangibles

 

110,740

 

(9,923

)

100,817

 

22,740

 

(8,929

)

13,811

 

Total

 

$

387,216

 

$

(238,909

)

$

148,307

 

$

299,421

 

$

(230,167

)

$

69,254

 

 

Schedule of estimated future annual amortization expense for acquired intangible assets

 

 

Fiscal Year Ending March 31,

 

Total

 

 

 

(In thousands)

 

2013 (1)

 

$

38,400

 

2014

 

42,155

 

2015

 

32,144

 

2016

 

26,809

 

2017

 

7,460

 

Thereafter

 

1,339

 

Total amortization expense

 

$

148,307

 

 

(1) 

Represents estimated amortization for the nine-month period ending March 31, 2013.