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ACQUISITIONS (Tables) (Pall Corporation [Member]) | 12 Months Ended
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Mar. 30, 2013
Pall Corporation [Member] |
Business Acquisition [Line Items] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The preliminary allocation of the purchase price to the estimated fair value of the acquired assets and liabilities is summarized as follows:
Asset class |  | Amounts Recognized as of March 30, 2013 (Provisional)
(In thousands) |  |
Inventories |  | $ | 49,917 |
Property, plant and equipment |  | 85,984 |
Intangible assets |  | 188,500 |
Other assets/liabilities, net |  | (6,166 | )
Goodwill |  | 216,940 |
Fair value of net assets acquired |  | $ | 535,175 |
Business Acquisition, Pro Forma Information | The following represents the pro forma consolidated statements of income as if the acquisition of the whole blood business had been included in our consolidated results beginning on April 3, 2011.
(In thousands) |  | March 30, 2013 |  | March 31, 2012
Net sales |  | $ | 963,923 |  |  | $ | 963,643 |
Net income |  | 56,540 |  |  | 77,984 |
Basic earnings per share |  | $ | 1.10 |  |  | $ | 1.54 |
Diluted earnings per share |  | $ | 1.08 |  |  | $ | 1.51 |
The unaudited consolidated pro-forma financial information above includes the following significant adjustments made to account for certain costs which would have been incurred if the acquisition had been completed on April 3, 2011, as adjusted for the applicable tax impact. As our acquisition of the whole blood business was completed on August 1, 2012, the pro-forma adjustments for the fiscal year ended March 30, 2013 in the table below only include the required adjustments through August 1, 2012.
(In thousands) |  | March 30, 2013 |  | March 31, 2012
Transaction costs (1) |  | $ | 3,184 |  |  | $ | 3,000 |
Amortization of inventory fair value adjustment (2) |  | 11,948 |  |  | (11,948 | )
Amortization of acquired intangible assets (3) |  | (5,236 | ) |  | (15,708 | )
Interest expense incurred on acquisition financing (4) |  | (3,173 | ) |  | (9,520 | )
Selling, general and administrative expenses (5) |  | (3,513 | ) |  | (10,540 | )
(1) | Eliminated transactions costs as these non-recurring costs were incurred in fiscal 2013.
(2) | Added additional expense in the period ended March 31, 2012 to reflect the inventory fair value adjustments which would have been amortized had the transaction been consummated on April 3, 2011 as the corresponding inventory would have been completely sold during the first two quarters of 2011. Also, deducted the actual inventory fair value adjustment recorded in the fiscal year ended March 30, 2013 to reflect the pro-forma consumption of inventory in 2011.
(3) | Added additional amortization of the acquired whole blood intangible assets recognized at fair value in purchase accounting.
(4) | Added additional interest expense for the debt used to finance the acquisition.
(5) | Additional investments in infrastructure costs to replicate certain support functions performed by division or corporate organizations of Pall that did not transfer in the acquisition. These costs are primarily related to information technology infrastructure and application costs, and personnel costs required to expand regional and corporate administrative and sales support functions. These costs are not intended to be representative of actual costs incurred by Pall Corporation, and represent Haemonetics' best estimate of future incremental costs on an annualized basis. Actual incremental investments may differ from these estimates.

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2)-(3) -URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141 -Paragraph 54 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141 -Paragraph 55 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141R -Paragraph 68 -Subparagraph r(2, 3) -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4845-128472 + Details
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