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Business Combinations (Tables)
9 Months Ended
Dec. 30, 2012
Business Acquisition  
Business Acquisition, Pro Forma Information
 
Three Months Ended
 
Nine Months Ended
 
(Unaudited in thousands, except per share data)
January 1, 2012
 
December 30,
2012
 
January 1,
2012
Revenues
$
120,614

 
$
379,110

 
$
409,219

Net loss
$
(6,854
)
 
$
(9,363
)
 
$
(139
)
Basic net loss per share- continuing operations
$
(0.05
)
 
$
(0.07
)
 
$

Diluted net income per share - continuing operations
$
(0.05
)
 
$
(0.07
)
 
$

Fox Enterprise [Member]
 
Business Acquisition  
Purchase Price Allocation
The aggregate purchase price was allocated as follows:
(in thousands)
Fair Value
Cash
$
1,080

Accounts receivable
4,053

Inventories
2,600

Prepaid expenses and other current assets
363

Property, plant and equipment, net
656

Other long-term assets
1,190

Accounts payable and accrued expenses
(3,765
)
Other long term liabilities
(1,516
)
Long term deferred tax liability
(4,345
)
Intangible assets (other than goodwill)
12,300

Goodwill
16,305

Total purchase price
$
28,921

Amortizable Intangible Assets Acquired
A summary of the allocation of intangible assets (other than goodwill) is as follows:
(in thousands)
Fair Value
Existing technologies
$
7,900

Customer relationships
2,000

Trade names and trademarks
1,500

In process research and development
900

Total
$
12,300

Alvand Technologies [Member]
 
Business Acquisition  
Purchase Price Allocation
The aggregate purchase price was allocated as follows:
(in thousands)
Fair Value
Cash
$
147

Accounts receivable
211

Prepaid expenses
124

Property, plant and equipment, net
15

Accounts payable and other current liabilities
(707
)
Backlog
1,500

Non-competition agreements
2,300

Goodwill
19,712

Total purchase price
$
23,302

NXP B.V [Member]
 
Business Acquisition  
Purchase Price Allocation
The assets acquired and liabilities assumed were recognized in the following manner based on their fair values as at July 19, 2012:
(in thousands)
Fair Value
Inventories
$
252

Property, plant and equipment, net
1,125

Funded pension assets *
666

Accrued pension liabilities*
(666
)
Other long term liabilities
(435
)
Intangible assets (other than goodwill)
12,500

Goodwill
13,720

Total purchase price
$
27,162

* See Note 15 for information regarding pension plans adopted.
Amortizable Intangible Assets Acquired
A summary of the allocation of intangible assets (other than goodwill) is as follows:
(in thousands)
Fair Value
Existing technologies
$
7,500

Customer relationships
2,700

In-process research and development
1,900

Non-compete agreements
300

Backlog
100

Total
$
12,500