Business Acquisitions and License Agreement (Tables)

12 Months Ended

Mar. 29, 2015

Summary of Final Purchase Price Allocation

The following table summarizes the final allocation of the purchase price to the fair value of the assets acquired and liabilities assumed:


	(In thousands)
Inventories	$	2,880
Other current assets		307
Property and equipment		4,070
Goodwill		56,256
Identifiable intangible assets		85,360
Accrued compensation		(987	)
Other current liabilities		(129	)

	$	147,757

Summary of Identifiable Intangible Assets Acquired and Estimated Useful Lives

A summary of the identifiable intangible assets acquired as part of the acquisition and their respective estimated useful lives is as follows:


	Weighted Average Useful Lives		Amount
	(Years)		(In thousands)
Identifiable Intangible Assets:
Developed technology		5	$	58,760
In-process research and development		N/A		21,200
Customer relationships		8		5,400

			$	85,360

Schedule of Supplemental Pro Forma Financial Data (Unaudited)

This unaudited supplemental pro forma financial data is presented for informational purposes only and does not purport to be indicative of the results of future operations or the results that would have occurred had the Company completed the acquisition at the beginning of fiscal 2013.


	2014			2013
	(Unaudited, in thousands, except per share amounts)
Pro forma net revenues:
Advanced Connectivity Platforms	$	423,446		$	433,357
Legacy Connectivity Products		85,888			124,424

	$	509,334		$	557,781
Pro forma income (loss) from continuing operations	$	(38,676	)	$	59,198
Pro forma income (loss) from continuing operations per share (basic)	$	(0.44	)	$	0.63
Pro forma income (loss) from continuing operations per share (diluted)	$	(0.44	)	$	0.63