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DETAILS OF CERTAIN BALANCE SHEET ACCOUNTS
 9 Months Ended
Jan. 01, 2022
Balance Sheet Related Disclosures [Abstract]  
DETAILS OF CERTAIN BALANCE SHEET ACCOUNTS DETAILS OF CERTAIN BALANCE SHEET ACCOUNTS
Accounts receivable, net
(in thousands)January 1, 2022April 3, 2021
Accounts receivable$358,877 $352,108 
Provisions for promotions, rebates, and other(82,155)(82,315)
Provisions for doubtful accounts and sales allowances(809)(2,329)
Accounts receivable, net$275,913 $267,464 

The Company maintains a provision for doubtful accounts for estimated losses resulting from the inability of its customers to make required payments. The Company regularly performs credit evaluations of its customers’ financial conditions and considers factors such as historical experience, credit quality, age of the accounts receivable balances, geographic or country-specific risks, and economic conditions that may affect a customer's ability to pay. 

Inventory, net
(in thousands)January 1, 2022April 3, 2021
Raw materials$85,820 $87,050 
Work in process3,277 9,511 
Finished goods127,653 97,844 
Inventory, net$216,750 $194,405 
Accrued Liabilities
(in thousands)January 1, 2022April 3, 2021
Short-term deferred revenue$132,498 $141,375 
Employee compensation and benefits65,757 84,318 
Operating lease liabilities, current16,504 21,701 
Warranty obligation16,044 14,774 
Provision for returns14,133 25,133 
Accrued other83,615 106,783 
Accrued liabilities$328,551 $394,084 

The Company's warranty obligation is recorded in accrued liabilities and other non-current liabilities in the condensed consolidated balance sheets. Changes in the warranty obligation during the nine months ended January 1, 2022 and December 26, 2020 were as follows:
Nine Months Ended
(in thousands)January 1, 2022December 26, 2020
Warranty obligation at beginning of period$17,384 $15,261 
Warranty provision related to products shipped13,179 17,092 
Deductions for warranty claims processed(19,424)(12,736)
Adjustments related to preexisting warranties8,307 (4,097)
Warranty obligation at end of period$19,446 $15,520