PROPERTY, PLANT AND EQUIPMENT

6 Months Ended

Sep. 30, 2023

Property, Plant and Equipment [Abstract]

9. PROPERTY, PLANT AND EQUIPMENT


(In thousands)	September 30, 2023		April 1, 2023
Land	$	5,443	$	5,358
Building and building improvements	116,541		127,634
Plant equipment and machinery	195,990		194,539
Office equipment and information technology	125,521		123,611
Haemonetics equipment	470,449		463,706
Construction in progress	36,051		29,367
Total	949,995		944,215
Less: accumulated depreciation	(642,229)		(633,330)
Property, plant and equipment, net	$	307,766	$	310,885

During the three and six months ended September 30, 2023, depreciation expense was $13.6 million and $26.9 million, respectively. During the three and six months ended October 1, 2022, depreciation expense was $12.9 million and $24.6 million, respectively.

In the second quarter of fiscal 2024, $4.3 million of the Company’s property, plant and equipment met held for sale accounting criteria and was reclassed to Prepaid expenses and other current assets in the Condensed Consolidated Balance Sheets.