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PROPERTY, PLANT AND EQUIPMENT | 12 Months Ended
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Mar. 30, 2024
Property, Plant and Equipment [Abstract] |
PROPERTY, PLANT AND EQUIPMENT | PROPERTY, PLANT AND EQUIPMENT Property, plant and equipment consisted of the following:
(In thousands) |  | March 30, 2024 |  | April 1, 2023
Land |  | $ | 4,130 |  |  | $ | 5,358 |
Building and building improvements |  | 124,338 |  |  | 127,634 |
Plant equipment and machinery |  | 204,622 |  |  | 194,539 |
Office equipment and information technology |  | 129,979 |  |  | 123,611 |
Haemonetics equipment |  | 456,414 |  |  | 463,706 |
Construction in progress |  | 39,694 |  |  | 29,367 |
Total |  | 959,177 |  |  | 944,215 |
Less: accumulated depreciation |  | (647,815) |  |  | (633,330) |
Property, plant and equipment, net |  | $ | 311,362 |  |  | $ | 310,885 |
Depreciation expense was $55.8 million, $51.2 million and $44.4 million in fiscal 2024, 2023 and 2022, respectively. In fiscal 2024, $5.8 million of the Company’s property, plant and equipment met held for sale accounting criteria and was reclassified to Prepaid expen ses and other current assets in the consolidated balance sheets. In the first quarter of fiscal 2025, subsequent to the year ended March 30, 2024, the Company received $19.9 million in connection with the sale of the applicable facility. During fiscal 2022, the Company incurred an impairment of property, plant and equipment of $5.2 million in connection with the 2020 Program, refer to Note 5 - Restructuring for details on the 2020 Program, and $2.8 million of accelerated depreciation costs related to disposables manufacturing equipment that was no longer in use. The impairment charge was included in cost of goods sold on the consolidated statements of income and impacted the Plasma reporting segment.

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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//360/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 6 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480321/958-360-50-6 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480321/958-360-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 7 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480321/958-360-50-7 + Details
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