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PROPERTY, PLANT AND EQUIPMENT | 6 Months Ended
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Sep. 28, 2024
Property, Plant and Equipment [Abstract] |
PROPERTY, PLANT AND EQUIPMENT | 9. PROPERTY, PLANT AND EQUIPMENT
(In thousands) |  | September 28, 2024 |  | March 30, 2024
Land |  | $ | 3,764 |  |  | $ | 4,130 |
Building and building improvements |  | 124,264 |  |  | 124,338 |
Plant equipment and machinery |  | 227,930 |  |  | 204,622 |
Office equipment and information technology |  | 132,845 |  |  | 129,979 |
Haemonetics equipment |  | 425,402 |  |  | 456,414 |
Construction in progress |  | 24,889 |  |  | 39,694 |
Total |  | 939,094 |  |  | 959,177 |
Less: accumulated depreciation |  | (638,616) |  |  | (647,815) |
Property, plant and equipment, net |  | $ | 300,478 |  |  | $ | 311,362 |
During the three and six months ended September 28, 2024, depreciation expense was $15.0 million and $29.6 million, respectively. During the three and six months ended September 30, 2023, depreciation expense was $13.6 million and $26.9 million, respectively. In the first quarter of fiscal 2025, the Company received $19.9 million of cash upon the sale of a manufacturing facility and related assets that previously met held for sale criteria, which resulted in a gain of $14.1 million that was recorded in selling, general and administrative expenses on the Condensed Consolidated Statements of Income.

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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/1943274/2147477798/958-360-50-6 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/1943274/2147477798/958-360-50-1 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/1943274/2147477798/958-360-50-7 + Details
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