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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Apr. 02, 2022
Apr. 03, 2021
Current assets    
Cash and cash equivalents $ 170,000 $ 202,560
Restricted Cash 0 493,908
Short-term investments 13,703 14,559
Accounts receivable, net 277,924 267,464
Inventory, net 234,102 194,405
Other current assets 83,410 65,214
Total current assets 779,139 1,238,110
Property, plant, and equipment, net 127,021 140,875
Purchased intangibles, net 230,478 341,614
Goodwill 796,216 796,216
Deferred tax assets 215,861 95,800
Other assets 76,639 51,654
Total assets 2,225,354 2,664,269
Current liabilities    
Accounts payable 168,610 151,244
Accrued liabilities 338,836 394,084
Current portion of long-term debt 0 478,807
Total current liabilities 507,446 1,024,135
Long-term debt, net of issuance costs 1,500,283 1,496,064
Long-term income taxes payable 68,082 86,227
Other long-term liabilities 129,381 138,609
Total liabilities 2,205,192 2,745,035
Commitments and contingencies (Note 7)
Stockholders' equity (deficit)    
Preferred stock, $0.01 par value per share; 1,000 shares authorized, no shares outstanding 0 0
Common stock, $0.01 par value per share; 100,000 shares authorized, 60,641 and 58,908 shares issued as of April 2, 2022 and April 3, 2021, respectively 930 912
Additional paid-in capital 1,616,198 1,556,272
Accumulated other comprehensive income (loss) 32,911 (3,221)
Accumulated deficit (747,316) (765,233)
Total stockholders' equity before treasury stock 902,723 788,730
Less: Treasury stock at cost (17,568 and 17,156 common shares as of April 2, 202 and April 3, 2021, respectively) (882,561) (869,496)
Total stockholders' equity (deficit) 20,162 (80,766)
Total liabilities and stockholders' equity (deficit) $ 2,225,354 $ 2,664,269