PROPERTY, PLANT AND EQUIPMENT

12 Months Ended

Mar. 29, 2014

Property, Plant and Equipment [Abstract]

Property and equipment consisted of the following:



(In thousands)	March 29, 2014			March 30, 2013
Land	$	7,168		$	4,216
Building and building improvements	83,439			78,682
Plant equipment and machinery	236,539			205,698
Office equipment and information technology	111,925			103,235
Haemonetics equipment	262,784			240,889
Total	701,855			632,720
Less: accumulated depreciation and amortization	(430,418		)	(375,767		)
Property, plant and equipment, net	$	271,437		$	256,953

Depreciation expense was $52.6 million, $43.4 million, and $38.6 million for fiscal 2014, 2013, and 2012, respectively.

During fiscal 2013, there was a change in the estimated useful lives of Haemonetics equipment which resulted in a fiscal 2013 decrease in depreciation expense of $4.5 million, an increase of $3.3 million in net income, and an increase in basic and diluted earnings per share of $0.09.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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