GOODWILL AND INTANGIBLE ASSETS

12 Months Ended

Mar. 29, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND INTANGIBLE ASSETS

Goodwill

The changes in the carrying amount of goodwill for fiscal 2014 and 2013 are as follows:



(In thousands)
Carrying amount as of March 31, 2012	$	115,058
Whole blood business acquisition	216,940
Effects of change in foreign currency exchange rates	(1,524		)
Carrying amount as of March 30, 2013	$	330,474
Hemerus acquisition	6,425
Effects of change in foreign currency exchange rates	(131		)
Carrying amount as of March 29, 2014	$	336,768

Intangible Assets

Intangible assets include the value assigned to license rights and other developed technology, patents, customer contracts and relationships and a trade name. The estimated useful lives for all of these intangible assets are 2 to 19 years. The gross carrying amount of intangible assets and the related accumulated amortization as of March 29, 2014 and March 30, 2013 is as follows:



(In thousands)	Gross Carrying Amount		Accumulated Amortization		Net		Weighted Average Useful Life
							(In years)
As of March 29, 2014
Patents	$	9,543	$	7,039	$	2,504	9
Capitalized software	31,750		2,414		29,336		4
Other developed technology	123,525		36,632		86,893		12
Customer contracts and related relationships	200,694		52,741		147,953		12
Trade names	7,341		2,868		4,473		11
Total intangibles	$	372,853	$	101,694	$	271,159	11



(In thousands)	Gross Carrying Amount		Accumulated Amortization		Net		Weighted Average Useful Life
							(In years)
As of March 30, 2013
Patents	$	8,706	$	6,397	$	2,309	10
Capitalized software	25,741		1,364		24,377		6
Other developed technology	100,586		25,812		74,774		12
Customer contracts and related relationships	196,365		36,552		159,813		12
Trade names	5,383		2,268		3,115		10
Total intangibles	$	336,781	$	72,393	$	264,388	11

The changes to the net carrying value of our intangible assets from March 30, 2013 to March 29, 2014 reflect the acquisition of Hemerus and other less significant intangible assets, amortization expense and the effect of exchange rate changes in the translation of our intangible assets held by our international subsidiaries.

Aggregate amortization expense for amortized intangible assets for fiscal year 2014, 2013, and 2012 was $29.2 million, $22.1 million, and $11.4 million, respectively. Future annual amortization expense on intangible assets is as follows:



Fiscal Year	Amount (in thousands)
2015	$	29,162
2016	$	28,695
2017	$	28,611
2018	$	27,766
2019	$	25,957

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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