SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Mar. 31, 2018

New Accounting Pronouncements and Changes in Accounting Principles [Abstract]

Schedule of Property, Plant and Equipment Estimated Useful Lives

Property, plant and equipment is recorded at historical cost. We provide for depreciation and amortization by charges to operations using the straight-line method in amounts estimated to recover the cost of the building and improvements, equipment and furniture and fixtures over their estimated useful lives as follows:



Asset Classification		Estimated Useful Lives
Building		30-40 Years
Building improvements		5-20 Years
Plant equipment and machinery		3-15 Years
Office equipment and information technology		3-10 Years
Haemonetics equipment		3-7 Years

Schedule of Other Accrued Liabilities

Other Current Liabilities

Other current liabilities represent items payable or expected to settle within the next twelve months. The items included in the fiscal year end balances were:



(In thousands)	March 31, 2018		April 1, 2017
VAT liabilities	$	2,932	$	4,051
Forward contracts	1,583		966
Deferred revenue	25,814		26,485
Accrued taxes	5,340		4,407
All other	29,991		27,741
Total	$	65,660	$	63,650

Other Long-Term Liabilities

Other long-term liabilities represent items that are not payable or expected to settle within the next twelve months. The items included in the fiscal year end balances were:



(In thousands)	March 31, 2018		April 1, 2017
Unfunded pension liability	14,045		14,060
Unrecognized tax benefit	2,850		1,627
Transition tax liability	7,837		—
All other	9,526		6,494
Total	$	34,258	$	22,181