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v3.23.2

Property, Plant, and Equipment (Tables) | 3 Months Ended
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Jul. 01, 2023
Property, Plant and Equipment [Abstract] |
Property, Plant and Equipment |
(In thousands) |  | July 1, 2023 |  | April 1, 2023
Land |  | $ | 5,474 |  |  | $ | 5,358 |
Building and building improvements |  | 126,960 |  |  | 127,634 |
Plant equipment and machinery |  | 196,398 |  |  | 194,539 |
Office equipment and information technology |  | 124,340 |  |  | 123,611 |
Haemonetics equipment |  | 457,297 |  |  | 463,706 |
Construction in progress |  | 32,189 |  |  | 29,367 |
Total |  | 942,658 |  |  | 944,215 |
Less: accumulated depreciation |  | (638,191) |  |  | (633,330) |
Property, plant and equipment, net |  | $ | 304,467 |  |  | $ | 310,885 |
Depreciation expense was $13.3 million and $11.7 million for the three months ended July 1, 2023 and July 2, 2022, respectively.

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- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 360 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482099/360-10-50-1 + Details
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