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BALANCE SHEET ITEMS (Tables)
6 Months Ended
Sep. 27, 2013
BALANCE SHEET ITEMS  
Schedule of components of inventories

 

 

 

 

As of

 

As of

 

 

 

September 27, 2013

 

March 31, 2013

 

 

 

(In thousands)

 

Raw materials

 

$

2,457,840

 

$

1,683,098

 

Work-in-progress

 

666,880

 

421,706

 

Finished goods

 

751,350

 

617,696

 

 

 

$

3,876,070

 

$

2,722,500

 

 

Schedule of goodwill

The following table summarizes the activity in the Company’s goodwill account during the six-month period ended September 27, 2013:

 

 

 

Amount

 

 

 

(In thousands)

 

Balance, beginning of the year

 

$

262,005

 

Additions (1)

 

4,775

 

Purchase accounting adjustments

 

4,148

 

Balance, end of the period

 

$

270,928

 

 

(1)     The goodwill generated from the Company’s business combinations completed during the six-month period ended September 27, 2013 is not significant, and is primarily related to value placed on the employee workforce, service offerings and capabilities and expected synergies.  The goodwill is not deductible for income tax purposes.  See note 12 to the condensed consolidated financial statements for additional information.

 

Schedule of components of acquired intangible assets

 

 

 

 

As of September 27, 2013

 

As of March 31, 2013

 

 

 

Gross

 

 

 

Net

 

Gross

 

 

 

Net

 

 

 

Carrying

 

Accumulated

 

Carrying

 

Carrying

 

Accumulated

 

Carrying

 

 

 

Amount

 

Amortization

 

Amount

 

Amount

 

Amortization

 

Amount

 

 

 

(In thousands)

 

Intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer-related intangibles

 

$

292,337

 

$

(234,041

)

$

58,296

 

$

294,310

 

$

(224,517

)

$

69,793

 

Licenses and other intangibles

 

26,540

 

(10,748

)

15,792

 

21,040

 

(9,286

)

11,754

 

Total

 

$

318,877

 

$

(244,789

)

$

74,088

 

$

315,350

 

$

(233,803

)

$

81,547

 

 

Schedule of estimated future annual amortization expense for acquired intangible assets

 

 

Fiscal Year Ending March 31,

 

Amount

 

 

 

(In thousands)

 

2014 (1)

 

$

11,232

 

2015

 

22,844

 

2016

 

18,186

 

2017

 

11,477

 

2018

 

6,587

 

Thereafter

 

3,762

 

Total amortization expense

 

$

74,088

 

 

(1)       Represents estimated amortization for the remaining six-month period ending March 31, 2014.