Subsequent Events (Notes)

9 Months Ended

Dec. 29, 2018

Subsequent Events [Abstract]

Subsequent Events [Text Block]

20. Subsequent Events

Merger

On January 10, 2019, the Company held a special meeting of shareholders, and the Company's shareholders voted to approve the previously announced definitive merger agreement with MKS. All necessary regulatory and shareholder approvals are now complete, and subject to the satisfaction of certain remaining customary closing conditions, the transaction is expected to close in early February 2019. Upon the closing of the transaction, trading of the Company's shares on NASDAQ will cease.

Termination of Loan Agreement

On January 17, 2019 and in preparation for the merger with MKS, the Company terminated its Loan Agreement with the Lender, as referenced in Note 9: Long-term Debt, and extinguished the outstanding Loan by way of a $12.9 million cash payment. As part of the termination of the Loan Agreement, the deposit restrictions placed by the Lender on the Company are no longer required.

Termination of Revolving Debt Agreement

On January 17, 2019 and in preparation for the merger with MKS, the Company terminated its Credit Facility with SVB, as referenced in Note 10: Revolving Credit Facility, and extinguished any and all outstanding amounts under the Credit Facility.