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PROPERTY, PLANT AND EQUIPMENT | 9 Months Ended
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Dec. 30, 2023
Property, Plant and Equipment [Abstract] |
PROPERTY, PLANT AND EQUIPMENT | 9. PROPERTY, PLANT AND EQUIPMENT
(In thousands) |  | December 30, 2023 |  | April 1, 2023
Land |  | $ | 5,573 |  |  | $ | 5,358 |
Building and building improvements |  | 119,024 |  |  | 127,634 |
Plant equipment and machinery |  | 200,154 |  |  | 194,539 |
Office equipment and information technology |  | 129,488 |  |  | 123,611 |
Haemonetics equipment |  | 480,083 |  |  | 463,706 |
Construction in progress |  | 44,969 |  |  | 29,367 |
Total |  | 979,291 |  |  | 944,215 |
Less: accumulated depreciation |  | (660,626) |  |  | (633,330) |
Property, plant and equipment, net |  | $ | 318,665 |  |  | $ | 310,885 |
During the three and nine months ended December 30, 2023, depreciation expense was $14.2 million and $41.1 million, respectively. During the three and nine months ended December 31, 2022, depreciation expense was $13.1 million and $37.7 million, respectively. Beginning in the second quarter of fiscal 2024, $4.3 million of the Company’s property, plant and equipment met held for sale accounting criteria and was reclassed to Prepaid expenses and other current assets in the Condensed Consolidated Balance Sheets.

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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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