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DETAILS OF CERTAIN BALANCE SHEET ACCOUNTS
6 Months Ended
Oct. 02, 2021
Balance Sheet Related Disclosures [Abstract]  
DETAILS OF CERTAIN BALANCE SHEET ACCOUNTS DETAILS OF CERTAIN BALANCE SHEET ACCOUNTS
Accounts receivable, net
(in thousands)October 2, 2021April 3, 2021
Accounts receivable$331,906 $352,108 
Provisions for promotions, rebates, and other(80,448)(82,315)
Provisions for doubtful accounts and sales allowances(1,967)(2,329)
Accounts receivable, net$249,491 $267,464 

The Company maintains a provision for doubtful accounts for estimated losses resulting from the inability of its customers to make required payments. The Company regularly performs credit evaluations of its customers’ financial conditions and considers factors such as historical experience, credit quality, age of the accounts receivable balances, geographic or country-specific risks, and economic conditions that may affect a customer's ability to pay. 

Inventory, net
(in thousands)October 2, 2021April 3, 2021
Raw materials$83,785 $87,050 
Work in process4,321 9,511 
Finished goods119,514 97,844 
Inventory, net$207,620 $194,405 
Accrued Liabilities
(in thousands)October 2, 2021April 3, 2021
Short-term deferred revenue$135,015 $141,375 
Employee compensation and benefits59,800 84,318 
Operating lease liabilities, current16,624 21,701 
Warranty obligation15,933 14,774 
Provision for returns15,754 25,133 
Accrued other88,687 106,783 
Accrued liabilities$331,813 $394,084 

The Company's warranty obligation is recorded in accrued liabilities and other non-current liabilities in the condensed consolidated balance sheets. Changes in the warranty obligation during the six months ended October 2, 2021 and September 26, 2020 were as follows:
Six Months Ended
(in thousands)October 2, 2021September 26, 2020
Warranty obligation at beginning of period$17,384 $15,261 
Warranty provision related to products shipped8,566 13,488 
Deductions for warranty claims processed(13,198)(7,981)
Adjustments related to preexisting warranties6,272 (2,365)
Warranty obligation at end of period$19,024 $18,403