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Goodwill and Intangible Assets | 12 Months Ended
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Mar. 28, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | 9. Goodwill and Intangible Assets The table below summarizes the changes in the carrying amount of goodwill as follows:
|  | Total |
Balance at March 31, 2023 |  | $ | 27,691 |
Acquisition |  |  | 174,519 |
Adjustments |  |  | 280 |
Foreign currency translation |  |  | (65 | )
Balance at March 29, 2024 |  | $ | 202,425 |
Adjustments |  |  | 97 |
Foreign currency translation |  |  | (47 | )
Balance at March 28, 2025 |  | $ | 202,475 |
Intangible assets, net were as follows:
|  | March 28, 2025 |
Description |  | Gross |  |  | Accumulated Amortization |  |  | Net Carrying Amount |
Patents |  | $ | 49,749 |  |  | $ | (25,710 | ) |  | $ | 24,039 |
Customer relationships |  |  | 14,964 |  |  |  | (4,102 | ) |  |  | 10,862 |
Completed technologies |  |  | 255,588 |  |  |  | (30,648 | ) |  |  | 224,940 |
Indefinite-lived process technology and trademarks |  |  | 2,274 |  |  |  | — |  |  |  | 2,274 |
Trademarks and other |  |  | 86 |  |  |  | (86 | ) |  |  | — |
Total |  | $ | 322,661 |  |  | $ | (60,546 | ) |  | $ | 262,115 |
|  | March 29, 2024 |
Description |  | Gross |  |  | Accumulated Amortization |  |  | Net Carrying Amount |
Patents |  | $ | 44,894 |  |  | $ | (22,016 | ) |  | $ | 22,878 |
Customer relationships |  |  | 14,977 |  |  |  | (3,315 | ) |  |  | 11,662 |
Completed technologies |  |  | 249,758 |  |  |  | (9,719 | ) |  |  | 240,039 |
Indefinite-lived process technology and trademarks |  |  | 2,275 |  |  |  | — |  |  |  | 2,275 |
Trademarks and other |  |  | 87 |  |  |  | (87 | ) |  |  | — |
Total |  | $ | 311,991 |  |  | $ | (35,137 | ) |  | $ | 276,854 |
Intangible assets amortization expense was $25,658, $14,587 and $5,209 for the fiscal years ended March 28, 2025, March 29, 2024 and March 31, 2023, respectively. In fiscal year 2025, the Company acquired certain intellectual property assets for a total purchase price of $6,000, including certain contingent, milestone-based payments that have a potential pay-out of $5,000, and are classified within accrued expenses and other current liabilities on the consolidated balance sheets. In February 2024, the Company initiated a realignment of resources associated with our photonics and advanced 3D imaging solutions business to refocus spending on other technologies. As a result of the change in strategy, the Company recorded impairment charges of $11,600 in the fourth quarter of fiscal year 2024 related to intangible assets, net, and long-lived assets from our 2021 acquisition of Voxtel, Inc. The results of the annual impairment test did not indicate any impairments of any other long-lived intangible assets for fiscal years 2025, 2024 and 2023. As of March 28, 2025, amortization expense of intangible assets is expected to be as follows:
2026 |  | $ | 25,932 |
2027 |  |  | 25,466 |
2028 |  |  | 25,089 |
2029 |  |  | 24,718 |
2030 |  |  | 24,356 |
Thereafter |  |  | 134,280 |
Total |  | $ | 259,841 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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