XML 57 R44.htm IDEA: XBRL DOCUMENT
v3.25.1

CAPITAL STOCK (Tables) | 12 Months Ended
--- | ---
Mar. 29, 2025
Share-Based Payment Arrangement [Abstract] |
Schedule of Stock-Based Compensation Cost | Compensation cost related to share-based transactions is recognized in the consolidated financial statements based on fair value. The total amount of share-based compensation expense, which is recorded on a straight line basis, is as follows:
(In thousands) | 2025 |  | 2024 |  | 2023
Selling, general and administrative expenses | $25,971 |  | $23,662 |  | $21,903
Research and development | 1,847 |  |  | 3,106 |  |  | 2,364 |
Cost of goods sold | 1,818 |  |  | 1,564 |  |  | 1,316 |
| $29,636 |  | $28,332 |  | $25,583
Schedule of Summary of Stock Option Activity | A summary of stock option activity for the fiscal year ended March 29, 2025 is as follows:
| Options Outstanding |  | Weighted Average Exercise Price per Share |  | Weighted Average Remaining Life (years) |  | Aggregate Intrinsic Value ($000’s)
Outstanding at March 30, 2024 | 1,067,004 |  |  | $ | 74.86 |  |  | 3.68 |  | $ | 16,820 |
Granted | 159,318 |  |  | 95.73 |  |  |  |  |
Exercised | (158,135) |  |  | 47.61 |  |  |  |  |
Forfeited/Canceled | (74,600) |  |  | 85.78 |  |  |  |  |
Outstanding at March 29, 2025 | 993,587 |  |  | $ | 81.75 |  |  | 3.50 |  | $ | 2,249 |
Exercisable at March 29, 2025 | 568,514 |  |  | $ | 83.49 |  |  | 2.38 |  | $ | 1,283 |
Vested or expected to vest at March 29, 2025 | 914,406 |  |  | $ | 81.47 |  |  | 3.40 |  | $ | 2,144 |
Schedule of Assumptions Utilized for Estimating Fair Value of Option Grants | The assumptions utilized for option grants during the periods presented are as follows:
| 2025 |  | 2024 |  | 2023
Volatility | 43.9 | % |  | 45.3 | % |  | 45.0 | %
Expected life (years) | 5.2 |  | 5.1 |  | 5.0
Risk-free interest rate | 4.4 | % |  | 3.5 | % |  | 2.9 | %
Dividend yield | 0.0 | % |  | 0.0 | % |  | 0.0 | %
Grant-date fair value per Option | $ | 43.56 |  | $ | 39.46 |  | $ | 24.86
Schedule of Summary of Restricted Stock Units Activity | A summary of RSU activity for the fiscal year ended March 29, 2025 is as follows:
| Shares |  | Weighted Average Grant Date Fair Value
Unvested at March 30, 2024 | 338,008 |  |  | $ | 72.52 |
Granted | 141,568 |  |  | 95.09 |
Vested | (143,680) |  |  | 75.04 |
Forfeited | (32,893) |  |  | 78.45 |
Unvested at March 29, 2025 | 303,003 |  |  | $ | 81.27 |
The weighted-average grant-date fair value of RSUs granted and total fair value of RSUs vested are as follows:
| 2025 |  | 2024 |  | 2023
Grant-date fair value per RSU | $ | 95.09 |  |  | $ | 89.21 |  |  | $ | 59.36 |
Fair value of RSUs vested | $ | 75.04 |  |  | $ | 67.14 |  |  | $ | 70.24 |
Schedule of Performance Share Unit awards | A summary of PSU activity for the fiscal year ended March 29, 2025 is as follows:
| Shares |  | Weighted Average Grant Date Fair Value
Unvested at March 30, 2024 | 369,800 |  |  | $ | 94.26 |
Granted(1) | 231,758 |  |  | 128.25 |
Vested(2) | (233,384) |  |  | 72.35 |
Forfeited | (32,331) |  |  | 109.61 |
Unvested at March 29, 2025 | 335,843 |  |  | $ | 112.10 |
(1) Includes 116,207 shares issued for awards vested during fiscal 2025 based on achievement of performance metrics.
(2)Includes the vesting of 226,274 and 7,110 shares that were earned for awards granted in fiscal 2022 for various performance periods ending during fiscal 2025, based on actual relative total shareholder return of 200% and 176%, respectively.
Schedule of Share-based Payment Award, Equity Other Than Options, Valuation Assumptions | The assumptions used in the Monte Carlo model for PSUs granted during each fiscal year were as follows:
| 2025 |  | 2024 |  | 2023
Expected stock price volatility | 35.35 | % |  | 48.20 | % |  | 52.22 | %
Peer group stock price volatility | 35.95 | % |  | 40.29 | % |  | 47.43 | %
Correlation of returns | 58.08 | % |  | 59.93 | % |  | 65.45 | %
The weighted-average grant-date fair value of PSUs granted is as follows:
| 2025 |  | 2024 |  | 2023
Grant-date fair value per PSU | $ | 128.25 |  |  | $ | 128.83 |  |  | $ | 84.96 |
Fair value of PSUs vested | $ | 72.35 |  |  | $ | — |  |  | $ | — |
Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions | The fair values of shares purchased under the Employee Stock Purchase Plan are estimated using the Black-Scholes single option-pricing model with the following weighted average assumptions:
| 2025 |  | 2024 |  | 2023
Volatility | 29.3 | % |  | 28.6 | % |  | 44.9 | %
Expected life (months) | 6 |  | 6 |  | 6
Risk-free interest rate | 4.9 | % |  | 5.4 | % |  | 2.9 | %
Dividend Yield | 0.0 | % |  | 0.0 | % |  | 0.0 | %

X
- Definition Schedule of Share-based Payment Award, Equity Other Than Options, Valuation Assumptions + References No definition available. + Details
Name: | hae_ScheduleOfShareBasedPaymentAwardEquityOtherThanOptionsValuationAssumptionsTableTextBlock
Namespace Prefix: | hae_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of number, weighted-average exercise price or conversion ratio, aggregate intrinsic value, and weighted-average remaining contractual term for outstanding performance-based awards that are fully vested and expected to vest. Includes, but is not limited to, unvested awards for which requisite service period has not been rendered but that are expected to vest based on achievement of performance condition, if forfeitures are recognized when they occur. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Subparagraph (e)(1) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardPerformanceBasedUnitsVestedAndExpectedToVestTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (e) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of employee stock purchase plans, including, but not limited to: (a) expected term, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Subparagraph (f)(2) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedPaymentAwardEmployeeStockPurchasePlanValuationAssumptionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Subparagraph (f)(2) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration