Acquisition (Tables)

12 Months Ended

Mar. 26, 2022

Business Combination and Asset Acquisition [Abstract]

Preliminary Allocation of Purchase Price

The following table presents the preliminary allocation of the purchase price at the date of acquisition (in thousands):

	July 20, 2021
Cash	$	4,924
Account receivable	6,725
Inventory	7,675
Manufacturing advances	8,502
Other current assets	321
Intangibles	163,700
Goodwill	148,273
Other non-current assets	453
Current liabilities	(2,927)
Deferred tax liabilities	(24,871)
Total purchase price	$	312,775

Schedule of Acquired Intangible Assets

The components of the acquired intangible assets and related weighted average amortization periods are detailed below (in thousands):

	Amount		Weighted Average Amortization Period (years)
Developed Technology	$	144,990	7
Customer Relationships	18,710		5
Total	$	163,700