BALANCE SHEET ITEMS (Tables)

3 Months Ended

Jun. 26, 2015

Balance Sheet Related Disclosures [Abstract]

The components of inventories, net of applicable lower of cost or market write-downs, were as follows:



	As of June 26, 2015		As of March 31, 2015
	(In thousands)
Raw materials	$	2,158,161	$	2,330,428
Work-in-progress	582,041		557,786
Finished goods	673,228		600,538
	$	3,413,430	$	3,488,752

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 26, 2015:



		HRS		CTG		IEI		INS		Amount
	(In thousands)
Balance, beginning of the year		$	93,138	$	68,234	$	64,221	$	108,038	$	333,631
Additions (1)		2,130		—		2,982		—		5,112
Purchase accounting adjustments (2)		125		—		—		—		125
Foreign currency translation adjustments		925		—		—		—		925
Balance, end of the period		$	96,318	$	68,234	$	67,203	$	108,038	$	339,793


(1)	The goodwill generated from the Company’s business combinations completed during the three-month period ended June 26, 2015 is primarily related to value placed on the acquired employee workforces, service offerings and capabilities of the acquired businesses and expected synergies. The goodwill is not deductible for income tax purposes. See note 12 for additional information.


(2)	Includes adjustments based on management's estimates resulting from their review and finalization of the valuation of assets and liabilities acquired through certain business combinations completed in a period subsequent to the respective acquisition. These adjustments were not individually, nor in the aggregate, significant to the Company.

Schedule of components of acquired intangible assets

The components of acquired intangible assets are as follows:



	As of June 26, 2015							As of March 31, 2015
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
	(In thousands)
Intangible assets:
Customer-related intangibles	$	146,098	$	(83,820	)	$	62,278	$	133,853	$	(80,506	)	$	53,347
Licenses and other intangibles	40,217		(14,002		)	26,215		39,985		(11,788		)	28,197
Total	$	186,315	$	(97,822	)	$	88,493	$	173,838	$	(92,294	)	$	81,544

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)
2016 (1)	$	21,587
2017	21,428
2018	15,677
2019	11,386
2020	6,807
Thereafter	11,608
Total amortization expense	$	88,493

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(1)	Represents estimated amortization for the remaining nine-month period ending March 31, 2016.