SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Mar. 28, 2020

New Accounting Pronouncements and Changes in Accounting Principles [Abstract]

Schedule of Property, Plant and Equipment Estimated Useful Lives

Property, plant and equipment is recorded at historical cost. The Company provides for depreciation and amortization by charges to operations using the straight-line method in amounts estimated to recover the cost of the building and improvements, equipment and furniture and fixtures over their estimated useful lives as follows:

Asset Classification	Estimated Useful Lives
Building	30-40 Years
Building improvements	5-20 Years
Plant equipment and machinery	3-15 Years
Office equipment and information technology	3-10 Years
Haemonetics equipment	3-7 Years

Schedule of Other Accrued Liabilities

Other Current Liabilities

Other current liabilities represent items payable or expected to settle within the next twelve months. The items included in the fiscal year end balances were:

(In thousands)	March 28, 2020		March 30, 2019
VAT liabilities	$	3,279	$	3,995
Forward contracts and interest rate swaps	8,870		5,348
Deferred revenue	28,843		27,279
Accrued taxes	13,292		8,451
Lease liability	7,306		—
All other	36,051		46,459
Total	$	97,641	$	91,532

Other Long-Term Liabilities

Other long-term liabilities represent items that are not payable or expected to settle within the next twelve months. The items included in the fiscal year end balances were:

(In thousands)	March 28, 2020		March 30, 2019
Unfunded pension liability	13,083		13,766
Interest rate swaps	9,475		—
Unrecognized tax benefit	3,437		2,895
Transition tax liability	5,374		6,305
Lease liability	52,014		—
All other	5,721		5,814
Total	$	89,104	$	28,780