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Consolidated Statements of Cash Flows (USD $)
In Thousands
12 Months Ended
Apr. 02, 2011
Apr. 03, 2010
Mar. 28, 2009
Cash Flows from Operating Activities:      
Net income $ 79,980 $ 58,370 $ 59,304
Non cash items:      
Depreciation and amortization 48,145 43,236 36,462
Stock compensation expense 10,810 10,267 10,181
Deferred tax expense 5,782 2,592 1,645
Loss/(gain) on sales of property, plant and equipment 674 (435) (124)
Unrealized gain from hedging activities (614) (1,368) 3,812
Contingent consideration income (1,894) (2,345)  
(Reversal)/accretion of interest expense on contingent consideration (416) 588  
Asset impairment   15,686  
Change in operating assets and liabilities:      
(Increase)/decrease in accounts receivable, net (3,920) 4,364 2
(Increase)/decrease in inventories (2,560) (1,665) (11,236)
Decrease in prepaid income taxes 1,680 7,254 (2,913)
Decrease in other assets and other long-term liabilities (470) (13,809) (4,241)
Tax benefit of exercise of stock options 4,941 2,670 3,368
(Decrease)/increase in accounts payable and accrued expenses (18,683) 5,263 20,104
Net cash provided by operating activities 123,455 130,668 116,364
Cash Flows from Investing Activities:      
Capital expenditures on property, plant and equipment (46,669) (56,304) (56,379)
Proceeds from sale of property, plant and equipment 1,468 1,785 2,383
Acquisition of ACCS (6,229)    
Acquisition of Global Med Technologies (128) (58,052)  
Acquisition of SEBRA   (12,845)  
Acquisition of Neoteric   (6,613)  
Acquisition of Altivation     (3,545)
Acquisition of Medicell   (306) (2,459)
Net cash used in investing activities (51,558) (132,335) (60,000)
Cash Flows from Financing Activities:      
Payments on long-term real estate mortgage (632) (754) (694)
Net (decrease)/increase in short-term loans (15,153) 6,184 (5,580)
Employee stock purchase plan 3,681 2,909 2,659
Exercise of stock options 40,896 17,270 25,406
Excess tax benefit on exercise of stock options 3,124 421 7,470
Share repurchase (50,000) (40,000) (59,998)
Net cash used in financing activities (18,084) (13,970) (30,737)
Effect of exchange rates on cash and cash equivalents 1,332 478 (2,459)
Net Increase in Cash and Cash Equivalents 55,145 (15,159) 23,168
Cash and Cash Equivalents at Beginning of Year 141,562 [1] 156,721 133,553
Cash and Cash Equivalents at End of Period 196,707 141,562 [1] 156,721
Non-cash Investing and Financing Activities:      
Transfers from inventory to fixed assets for placements of Haemonetics equipment 5,069 7,833 6,818
Debt assumed from acquisition   5,132  
Supplemental Disclosures of Cash Flow Information:      
Interest paid 487 563 545
Income taxes paid $ 16,669 $ 21,519 $ 19,391
[1] Certain balances were revised to reflect updates to our purchase price allocation of our Global Med acquisition - See Note 3, Acquisitions.