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SEGMENT REPORTING AND GEOGRAPHIC INFORMATION
 12 Months Ended
Apr. 03, 2021
Segments, Geographical Areas [Abstract]  
Segment Reporting and Geographic Information SEGMENT REPORTING AND GEOGRAPHIC INFORMATION
The Company's Chief Executive Office is identified as its Chief Operating Decision Maker ("CODM"). The CODM has organized the Company, manages resource allocations, and measures performance among its two operating segments: Products and Services. During the fourth quarter of Fiscal Year 2020, the Company made key changes to its executive management. We realigned our segment reporting structure commensurate with this change. The reportable segments are consistent with how the segments report to and are managed by Poly’s Chief Executive Officer (the CODM). As a result, the Company’s reportable segments consist of Products and Services. Prior periods have been reclassified to conform to current presentation.

The Products reportable segment includes the Company's Headsets, Voice and Video product lines. The Services reportable segment includes maintenance support on hardware devices as well as professional, managed and cloud services and solutions.
In managing the two operating segments the CODM uses information about their revenue and gross margin after adjustments to exclude certain non-cash transactions and activities that are not reflective of the Company's ongoing or core operations as further described below. The CODM does not review asset information by segment.

Asset impairment: During the fourth quarter of Fiscal 2020, the Company determined certain of its long-lived assets, primarily related to purchased intangibles recorded in connection with the Acquisition of Polycom, were not recoverable and as a result recorded impairment charges representing the excess carrying amount over the estimated fair value (see Note 8, Goodwill and Purchased Intangible Assets).

Purchase accounting amortization: Represents the amortization of purchased intangible assets recorded in connection with the Acquisition of Polycom.

Inventory valuation adjustment: Represents the amortization of the inventory step-up associated with the impact of inventory fair value purchase accounting adjustments recorded in connection with the Acquisition of Polycom.

Deferred revenue purchase accounting: Represents the impact of fair value purchase accounting adjustments related to deferred revenue recorded in connection with the Acquisition of Polycom. The Company's deferred revenue primarily relates to service revenue associated with non-cancelable maintenance support on hardware devices which are typically billed in advance and recognized ratably over the contract term as those services are delivered. This adjustment represents the amount of additional revenue that would have been recognized during the period absent the write-down to fair value required under purchase accounting guidelines.

Consumer optimization: Represents charges related to inventory reserves and supplier liabilities for excess and obsolete inventory incurred in connection with the Company's strategic actions to optimize its Consumer product portfolio.

Acquisition and integration fees: Represents charges incurred in connection with the Acquisition and integration of Polycom such as system implementations, legal and accounting fees.

Stock compensation expense: Represents the non-cash expense associated with the Company's issuance of common stock and share-based awards to employees and non-employee directors.
The following table presents segments results for revenue and gross margin, as reviewed by the CODM, and their reconciliation to the Company's consolidated GAAP results:
Fiscal Year Ended
(in thousands)April 3, 2021March 28, 2020March 30, 2019
Segment revenues, as reviewed by CODM
Products$1,471,963 $1,434,635 1,518,687 
Services270,049 296,308 240,672 
Total segment revenues, as reviewed by CODM$1,742,012 $1,730,943 $1,759,359 
Segment gross profit, as reviewed by CODM
Products$679,484 $697,212 $766,068 
Services182,522 201,382 162,884 
Total segment gross profit, as reviewed by CODM$862,006 $898,594 $928,952 
Fiscal Year Ended
(in thousands)April 3, 2021March 28, 2020March 30, 2019
Total segment revenues, as reviewed by CODM$1,742,012 $1,730,943 $1,759,359 
Deferred revenue purchase accounting(14,405)(33,953)(84,824)
GAAP total net revenues$1,727,607 $1,696,990 $1,674,535 
Total segment gross profit, as reviewed by CODM (1)
$862,006 $898,594 $928,952 
Asset impairment— (174,235)— 
Purchase accounting amortization(68,111)(122,553)(114,361)
Inventory valuation adjustment— — (30,395)
Deferred revenue purchase accounting(14,405)(33,953)(84,824)
Consumer optimization— (10,415)— 
Integration and rebranding costs— (1,211)(1,057)
Stock-based compensation(2,939)(3,992)(4,176)
GAAP gross profit$776,551 $552,235 $694,139 
(1) Includes depreciation expense of $14.4 million, $15.2 million, and $11.0 million in Fiscal Years 2021, 2020, and 2019, respectively. 

The following table presents long-lived assets by geographic area on a consolidated basis:
(in thousands)April 3, 2021March 28, 2020
United States$75,998 $95,521 
Netherlands16,299 17,670 
Mexico39,575 39,210 
United Kingdom3,928 3,962 
China16,871 20,476 
Other countries28,381 33,245 
Total long-lived assets$181,052 $210,084