DETAILS OF CERTAIN BALANCE SHEET ACCOUNTS (Tables)

6 Months Ended

Sep. 26, 2020

Balance Sheet Related Disclosures [Abstract]

Accounts receivable, net

Accounts receivable, net:

(in thousands)	September 26, 2020		March 28, 2020
Accounts receivable	$	326,062	$	350,642
Provisions for promotions, rebates, and other	(84,823)		(101,666)
Provisions for doubtful accounts and sales allowances	(1,760)		(2,141)
Accounts receivable, net	$	239,479	$	246,835

Inventory, net

Inventory, net:

(in thousands)	September 26, 2020		March 28, 2020
Raw materials	$	75,440	$	97,371
Work in process	4,790		459
Finished goods	103,406		66,697
Inventory, net	$	183,636	$	164,527

Accrued liabilities

Accrued Liabilities:

(in thousands)	September 26, 2020		March 28, 2020
Short term deferred revenue	$	144,383	$	144,040
Employee compensation and benefits	61,956		48,153
Operating lease liabilities, current	21,032		22,517
Warranty obligation	16,006		12,772
Provision for returns	14,211		20,146
Accrued interest	14,099		14,617
Marketing incentives liabilities	13,430		9,708
Derivative liabilities	12,541		12,840
Income tax payable	10,839		20,725
VAT/Sales tax payable	10,223		9,673
Accrued other	54,738		58,475
Accrued liabilities	$	373,458	$	373,666

Changes in the warranty obligation

Changes in the warranty obligation during the six months ended September 26, 2020 and September 28, 2019 were as follows:

	Six Months Ended
(in thousands)	September 26, 2020		September 28, 2019
Warranty obligation at beginning of period	$	15,261	$	17,984
Warranty provision related to products shipped	13,488		9,573
Deductions for warranty claims processed	(7,981)		(9,841)
Adjustments related to preexisting warranties	(2,365)		(1,916)
Warranty obligation at end of period(1)	$	18,403	$	15,800

(1) Includes both short-term and long-term portion of warranty obligation; the prior table shows only the short-term portion included in accrued liabilities on the Company's condensed consolidated balance sheet. The long-term portion is included in other long-term liabilities.