XML 46 R32.htm IDEA: XBRL DOCUMENT v3.4.0.3

DERIVATIVES AND FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Apr. 02, 2016

Derivatives and Fair Value Measurements [Abstract]

Schedule of Effect of Derivative Instruments Designated as Cash Flow Hedges and Those Not Designated as Hedging Instruments

The following table presents the effect of our derivative instruments designated as cash flow hedges and those not designated as hedging instruments under ASC Topic 815 in our consolidated statements of (loss) income and comprehensive (loss) income for the fiscal year ended April 2, 2016.

Derivative Instruments		Amount of Gain (Loss) Recognized in Accumulated Other Comprehensive (Loss) Income				Amount of Gain Reclassified from Accumulated Other Comprehensive (Loss) Income into Earnings				Location in Consolidated Statements of (Loss) Income and Comprehensive (Loss) Income		Amount of Gain (Loss) Excluded from Effectiveness Testing (*)				Location in Consolidated Statements of (Loss) Income and Comprehensive (Loss) Income
(In thousands)
Designated foreign currency hedge contracts, net of tax		$	(3,940	)		$	8,822			Net revenues, COGS, and SG&A		$	102			Other expense, net
Non-designated foreign currency hedge contracts		—				—						$	(203	)		Other expense, net
Designated interest rate swaps, net of tax		$	2			$	—			Other expense, net		$	—

(*) We exclude the difference between the spot rate and hedge forward rate from our effectiveness testing.

Schedule of Fair Value of Derivative Instruments as They Appear in Consolidated Balance Sheets

The following tables present the fair value of our derivative instruments as they appear in our consolidated balance sheets:

(In thousands)	Location in Balance Sheet		Balance as of April 2, 2016				Balance as of March 28, 2015
Derivative Assets:
Designated foreign currency hedge contracts	Other current assets		$	427			$	9,740
Designated interest rate swaps	Other current assets		—				—
			$	427			$	9,740
Derivative Liabilities:
Designated foreign currency hedge contracts	Other current liabilities		$	4,056			$	2,499
Designated interest rate swaps	Other current liabilities		154				159
			$	4,210			$	2,658

Schedule of Financial Assets and Financial Liabilities Measured at Fair Value on a Recurring Basis

Financial assets and financial liabilities measured at fair value on a recurring basis consist of the following:

As of April 2, 2016	Level 1				Level 2				Level 3				Total
(In thousands)
Assets
Money market funds	$	72,491			$	—			$	—			$	72,491
Designated foreign currency hedge contracts	—				427				—				427
	$	72,491			$	427			$	—			$	72,918
Liabilities
Designated foreign currency hedge contracts	$	—			$	4,056			$	—			$	4,056
Designated interest rate swaps	—				154				—				154
Contingent consideration	—				—				—				—
	$	—			$	4,210			$	—			$	4,210

As of March 28, 2015	Level 1				Level 2				Level 3				Total
(In thousands)
Assets
Money market funds	$	119,946			$	—			$	—			$	119,946
Designated foreign currency hedge contracts	—				9,740				—				9,740
	$	119,946			$	9,740			$	—			$	129,686
Liabilities
Forward currency hedge contracts	$	—			$	2,499			$	—			$	2,499
Designated interest rate swaps	—				159				—				159
Contingent consideration	—				—				4,727				4,727
	$	—			$	2,658			$	4,727			$	7,385

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation

The table below provides a reconciliation of the beginning and ending Level 3 liabilities for the year ended April 2, 2016.

(In thousands)		Fair Value Measurements Using Significant Unobservable Inputs (Level 3)
Balance at March 28, 2015		$	4,727
Fair value adjustment		(4,727		)
Balance at April 2, 2016		$	—

X

- Definition

Derivatives and Fair Value Measurements [Abstract]

+ References

No definition available.

+ Details

Name:	hae_DerivativesAndFairValueMeasurementsAbstract
Namespace Prefix:	hae_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19279-110258

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258

+ Details

Name:	us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624171-113959

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4A
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5618551-113959

+ Details

Name:	us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4B
-URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624163-113959

+ Details

Name:	us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19190-110258

+ Details

Name:	us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration