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Property, Plant, and Equipment (Tables) | 3 Months Ended
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Dec. 30, 2023
Property, Plant and Equipment [Abstract] |
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 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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