XML 47 R30.htm IDEA: XBRL DOCUMENT v3.22.1
DETAILS OF CERTAIN BALANCE SHEET ACCOUNTS (Tables)
 12 Months Ended
Apr. 02, 2022
Balance Sheet Related Disclosures [Abstract]  
Accounts receivable, net
Accounts receivable, net
(in thousands)April 2, 2022April 3, 2021
Accounts receivable$381,744 $352,108 
Provisions for promotions and rebates(102,499)(82,315)
Provisions for doubtful accounts and sales allowances(1,321)(2,329)
Accounts receivable, net$277,924 $267,464 
Inventory, net
Inventory, net
(in thousands)April 2, 2022April 3, 2021
Raw materials$90,192 $87,050 
Work in process1,656 9,511 
Finished goods142,254 97,844 
Inventory, net$234,102 $194,405 
Property, Plant and Equipment
Property, plant, and equipment, net
(in thousands)April 2, 2022April 3, 2021
Land$15,112 $15,643 
Buildings and improvements (useful life: 7-30 years)137,682 131,752 
Machinery and equipment (useful life: 1-10 years)175,150 177,807 
Software (useful life: 3-6 years)63,601 60,244 
Construction in progress7,409 7,519 
Property, plant, and equipment, gross398,954 392,965 
Accumulated depreciation and amortization(271,933)(252,090)
Property, plant, and equipment, net$127,021 $140,875 
Accrued Liabilities
Accrued Liabilities
(in thousands)April 2, 2022April 3, 2021
Deferred revenue$128,339 $141,375 
Employee compensation and benefits69,011 84,318 
Provision for returns17,672 25,133 
Operating lease liabilities, current13,879 21,701 
Accrued other109,935 121,557 
Accrued liabilities$338,836 $394,084 
Changes in the warranty obligation accrual The Company's warranty obligation is recorded in accrued liabilities and other non-current liabilities in the consolidated balance sheets. Changes in the warranty obligation during Fiscal Years 2022 and 2021 were as follows:
(in thousands)April 2, 2022April 3, 2021
Warranty obligation at beginning of year$17,384 $15,261 
Warranty provision related to products shipped17,780 21,112 
Deductions for warranty claims processed(25,207)(19,168)
Adjustments related to preexisting warranties8,754 179 
Warranty obligation at end of year$18,711 $17,384 
Assets And Liabilities, Operating Leases [Table Text Block]
Operating Leases
(in thousands)Balance Sheet ClassificationApril 2, 2022April 3, 2021
ASSETS
Operating right-of-use assets(1)
Other Assets$45,526 $40,177 
LIABILITIES
Operating lease liabilities, current(2)
Accrued Liabilities13,879 21,701 
Operating lease liabilities, long-termOther Liabilities42,210 35,105 
(1) During Fiscal Year 2022 and Fiscal Year 2021, the Company made $24.3 million and $27.3 million, respectively, in payments for operating leases included within cash provided by operating activities in the consolidated statements of cash flows.
(2) During Fiscal Year 2022 and Fiscal Year 2021, the Company recognized $12.1 million and $13.7 million, respectively, in operating lease expense, net of $5.6 million and $5.4 million in sublease income, respectively, within the consolidated statement of operations.