Document and Entity Information - USD ($) |
12 Months Ended | ||
---|---|---|---|
Mar. 31, 2018 |
May 11, 2018 |
Sep. 30, 2017 |
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Document and Entity Information [Abstract] | |||
Entity Registrant Name | Qorvo, Inc. | ||
Entity Central Index Key | 0001604778 | ||
Document Type | 10-K | ||
Document Period End Date | Mar. 31, 2018 | ||
Amendment Flag | false | ||
Document Fiscal Year Focus | 2018 | ||
Document Fiscal Period Focus | FY | ||
Current Fiscal Year End Date | --03-31 | ||
Entity Well-known Seasoned Issuer | Yes | ||
Entity Voluntary Filers | No | ||
Entity Current Reporting Status | Yes | ||
Entity Filer Category | Large Accelerated Filer | ||
Entity Public Float | $ 8,954,525,040 | ||
Entity Common Stock, Shares Outstanding | 126,490,563 |
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- Definition If the value is true, then the document is an amendment to previously-filed/accepted document. No definition available.
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- Definition End date of current fiscal year in the format --MM-DD. No definition available.
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- Definition This is focus fiscal period of the document report. For a first quarter 2006 quarterly report, which may also provide financial information from prior periods, the first fiscal quarter should be given as the fiscal period focus. Values: FY, Q1, Q2, Q3, Q4, H1, H2, M9, T1, T2, T3, M8, CY. No definition available.
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- Definition This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006. No definition available.
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- Definition The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD. No definition available.
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- Definition The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word "Other". No definition available.
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- Definition A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument. No definition available.
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- Definition Indicate "Yes" or "No" whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure. No definition available.
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- Definition Indicate whether the registrant is one of the following: (1) Large Accelerated Filer, (2) Accelerated Filer, (3) Non-accelerated Filer, (4) Smaller Reporting Company (Non-accelerated) or (5) Smaller Reporting Accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure. No definition available.
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- Definition State aggregate market value of voting and non-voting common equity held by non-affiliates computed by reference to price at which the common equity was last sold, or average bid and asked price of such common equity, as of the last business day of registrant's most recently completed second fiscal quarter. The public float should be reported on the cover page of the registrants form 10K. No definition available.
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- Definition The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Indicate "Yes" or "No" if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. No definition available.
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- Definition Indicate "Yes" or "No" if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A. No definition available.
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- Definition Document and entity information. No definition available.
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- Definition Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Represents the caption on the face of the balance sheet to indicate that the entity has entered into (1) purchase or supply arrangements that will require expending a portion of its resources to meet the terms thereof, and (2) is exposed to potential losses or, less frequently, gains, arising from (a) possible claims against a company's resources due to future performance under contract terms, and (b) possible losses or likely gains from uncertainties that will ultimately be resolved when one or more future events that are deemed likely to occur do occur or fail to occur. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount, after deferred tax asset, of deferred tax liability attributable to taxable differences, with jurisdictional netting and classified as noncurrent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Sum of the carrying amounts of all intangible assets, excluding goodwill, as of the balance sheet date, net of accumulated amortization and impairment charges. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The total amount of investments that are intended to be held for an extended period of time (longer than one operating cycle). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of current assets classified as other. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of noncurrent assets classified as other. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of liabilities classified as other, due within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of liabilities classified as other, due after one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount due from parties in nontrade transactions, classified as other. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Aggregate par or stated value of issued nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable preferred shares, par value and other disclosure concepts are in another section within stockholders' equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of asset related to consideration paid in advance for costs that provide economic benefits within a future period of one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cumulative amount of the reporting entity's undistributed earnings or deficit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands |
Mar. 31, 2018 |
Apr. 01, 2017 |
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Statement of Financial Position [Abstract] | ||
Allowance for accounts receivable | $ 134 | $ 58 |
Preferred stock, par value | $ 0.0001 | $ 0.0001 |
Preferred stock, shares authorized | 5,000,000 | 5,000,000 |
Preferred stock, shares issued | 0 | 0 |
Preferred stock, shares outstanding | 0 | 0 |
Common stock, par value | $ 0.0001 | $ 0.0001 |
Common stock, shares authorized | 405,000,000 | 405,000,000 |
Common stock, shares issued | 126,322,000 | 126,464,000 |
Common stock, shares outstanding | 126,322,000 | 126,464,000 |
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- Definition A valuation allowance for trade and other receivables due to an Entity within one year (or the normal operating cycle, whichever is longer) that are expected to be uncollectible. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Face amount per share of no-par value common stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The maximum number of common shares permitted to be issued by an entity's charter and bylaws. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Face amount per share of no-par value preferred stock nonredeemable or redeemable solely at the option of the issuer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The maximum number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) permitted to be issued by an entity's charter and bylaws. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Total number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) issued to shareholders (includes related preferred shares that were issued, repurchased, and remain in the treasury). May be all or portion of the number of preferred shares authorized. Excludes preferred shares that are classified as debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Aggregate share number for all nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) held by stockholders. Does not include preferred shares that have been repurchased. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands |
3 Months Ended | 12 Months Ended | |||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Mar. 31, 2018 |
Dec. 30, 2017 |
Sep. 30, 2017 |
Jul. 01, 2017 |
Apr. 01, 2017 |
Dec. 31, 2016 |
Oct. 01, 2016 |
Jul. 02, 2016 |
Mar. 31, 2018 |
Apr. 01, 2017 |
Apr. 02, 2016 |
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Income Statement [Abstract] | |||||||||||||||||||||||||||||||||
Revenue | $ 665,383 | $ 845,739 | $ 821,583 | $ 640,831 | $ 642,992 | $ 826,347 | $ 864,698 | $ 698,537 | $ 2,973,536 | $ 3,032,574 | $ 2,610,726 | ||||||||||||||||||||||
Cost of goods sold | 1,826,570 | 1,897,062 | 1,561,173 | ||||||||||||||||||||||||||||||
Gross profit | 252,640 | 336,927 | 321,022 | 236,377 | 231,596 | 310,642 | 316,799 | 276,475 | 1,146,966 | 1,135,512 | 1,049,553 | ||||||||||||||||||||||
Operating expenses: | |||||||||||||||||||||||||||||||||
Research and development | 445,103 | 470,836 | 448,763 | ||||||||||||||||||||||||||||||
Selling, general and administrative | 527,751 | 545,588 | 534,099 | ||||||||||||||||||||||||||||||
Other operating expense (Notes 6 & 11) | 103,830 | 31,029 | 54,723 | ||||||||||||||||||||||||||||||
Total operating expenses | 1,076,684 | 1,047,453 | 1,037,585 | ||||||||||||||||||||||||||||||
Income from operations | 70,282 | 88,059 | 11,968 | ||||||||||||||||||||||||||||||
Interest expense (Note 8) | (59,548) | (58,879) | (23,316) | ||||||||||||||||||||||||||||||
Interest income | 7,017 | 1,212 | 2,068 | ||||||||||||||||||||||||||||||
Other (expense) income | (606) | (3,087) | 6,418 | ||||||||||||||||||||||||||||||
Income (loss) before income taxes | 17,145 | 27,305 | (2,862) | ||||||||||||||||||||||||||||||
Income tax expense (Note 12) | 31,200 | (98,500) | 93,200 | (123,200) | (57,433) | (43,863) | (25,983) | ||||||||||||||||||||||||||
Net loss | $ (12,501) | [1],[2],[3],[4] | $ (33,082) | [2],[3],[4],[5] | $ 35,919 | [2],[3],[4] | $ (30,624) | [2],[3],[4] | $ 55,908 | [2],[3],[4],[6] | $ (78,638) | [2],[3],[4],[7] | $ 11,847 | [2],[3],[4] | $ (5,675) | [2],[3],[4] | $ (40,288) | $ (16,558) | $ (28,845) | ||||||||||||||
Net loss per share (Note 13): | |||||||||||||||||||||||||||||||||
Basic | $ (0.10) | $ (0.26) | $ 0.28 | $ (0.24) | $ 0.44 | $ (0.62) | $ 0.09 | $ (0.04) | $ (0.32) | $ (0.13) | $ (0.20) | ||||||||||||||||||||||
Diluted | $ (0.10) | $ (0.26) | $ 0.27 | $ (0.24) | $ 0.43 | $ (0.62) | $ 0.09 | $ (0.04) | $ (0.32) | $ (0.13) | $ (0.20) | ||||||||||||||||||||||
Weighted average shares of common stock outstanding (Note 13): | |||||||||||||||||||||||||||||||||
Basic | 126,946 | 127,121 | 141,937 | ||||||||||||||||||||||||||||||
Diluted | 126,946 | 127,121 | 141,937 | ||||||||||||||||||||||||||||||
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- Definition Total costs related to goods produced and sold during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of income (loss) from continuing operations before deduction of income tax expense (benefit) and income (loss) attributable to noncontrolling interest, and addition of income (loss) from equity method investments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount after accretion (amortization) of discount (premium), and investment expense, of interest income and dividend income on nonoperating securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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- References No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The net amount of other operating income and expenses, the components of which are not separately disclosed on the income statement, from items that are associated with the entity's normal revenue producing operations. No definition available.
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- Definition The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands |
12 Months Ended | ||
---|---|---|---|
Mar. 31, 2018 |
Apr. 01, 2017 |
Apr. 02, 2016 |
|
Statement of Comprehensive Income [Abstract] | |||
Net loss | $ (40,288) | $ (16,558) | $ (28,845) |
Total comprehensive loss: | |||
Unrealized gain on marketable securities, net of tax | 204 | 53 | 742 |
Change in pension liability, net of tax | 476 | (339) | 1,153 |
Foreign currency translation adjustment, including intra-entity foreign currency transactions that are of a long-term-investment nature | 1,276 | (1,014) | (89) |
Reclassification adjustments, net of tax: | |||
Recognized gain on marketable securities | 0 | 0 | (4,994) |
Foreign currency gain recognized and included in net loss | (581) | 0 | 0 |
Amortization of pension actuarial loss | 179 | 127 | 179 |
Other comprehensive income (loss) | 1,554 | (1,173) | (3,009) |
Total comprehensive loss | $ (38,734) | $ (17,731) | $ (31,854) |
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- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount after tax, before reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount before tax and reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount after tax and reclassification adjustments of other comprehensive income (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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X | ||||||||||
- Definition Amount, after tax, before reclassification adjustment, of (increase) decrease in accumulated other comprehensive income of defined benefit plan, that has not been recognized in net periodic benefit cost (credit). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount after tax of reclassification adjustment from accumulated other comprehensive income for unrealized gain (loss) realized upon the sale of available-for-sale securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount, after tax, of reclassification adjustment from accumulated other comprehensive income (loss) for gain (loss) of defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount after tax, before reclassification adjustments, of unrealized holding gain (loss) on available-for-sale securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
|
X | ||||||||||
- References No definition available.
|
Consolidated Statements of Shareholders' Equity - USD ($) shares in Thousands, $ in Thousands |
Total |
Common Stock [Member] |
Accumulated Other Comprehensive (Loss) Income |
Accumulated Deficit |
---|---|---|---|---|
Beginning Balance at Mar. 28, 2015 | $ 6,173,160 | $ 6,584,247 | $ (124) | $ (410,963) |
Beginning Balance, Shares at Mar. 28, 2015 | 149,059 | |||
Net loss | $ (28,845) | 0 | 0 | (28,845) |
Other comprehensive income (loss) | (3,009) | 0 | (3,009) | 0 |
Exercise of stock options and vesting of restricted stock units, net of shares withheld for employee taxes | $ 4,406 | 4,406 | 0 | 0 |
Exercise of stock options and vesting of restricted stock units, net of shares withheld for employee taxes, Shares | 2,156 | |||
Issuance of common stock in connection with employee stock purchase plan | $ 17,967 | 17,967 | 0 | 0 |
Issuance of common stock in connection with employee stock purchase plan, Shares | 429 | |||
Tax benefit from exercised stock options | $ 636 | 636 | 0 | 0 |
Repurchase of common stock, including transaction costs | $ (1,300,009) | (1,300,009) | 0 | 0 |
Repurchase of common stock, including transaction costs, Shares | (24,258) | |||
Stock-based compensation expense | $ 135,366 | 135,366 | 0 | 0 |
Ending Balance at Apr. 02, 2016 | $ 4,999,672 | 5,442,613 | (3,133) | (439,808) |
Ending Balance, Shares at Apr. 02, 2016 | 127,386 | |||
Net loss | $ (16,558) | 0 | 0 | (16,558) |
Other comprehensive income (loss) | (1,173) | 0 | (1,173) | 0 |
Exercise of stock options and vesting of restricted stock units, net of shares withheld for employee taxes | $ 16,832 | 16,832 | 0 | 0 |
Exercise of stock options and vesting of restricted stock units, net of shares withheld for employee taxes, Shares | 2,484 | |||
Issuance of common stock in connection with employee stock purchase plan | $ 25,640 | 25,640 | 0 | 0 |
Issuance of common stock in connection with employee stock purchase plan, Shares | 678 | |||
Tax deficiency from exercised stock options | $ 56 | 56 | 0 | 0 |
Repurchase of common stock, including transaction costs | $ (209,357) | (209,357) | 0 | 0 |
Repurchase of common stock, including transaction costs, Shares | (4,084) | |||
Stock-based compensation expense | $ 81,722 | 81,722 | 0 | 0 |
Ending Balance at Apr. 01, 2017 | $ 4,896,722 | 5,357,394 | (4,306) | (456,366) |
Ending Balance, Shares at Apr. 01, 2017 | 126,464 | |||
Net loss | $ (40,288) | 0 | 0 | (40,288) |
Other comprehensive income (loss) | 1,554 | 0 | 1,554 | 0 |
Exercise of stock options and vesting of restricted stock units, net of shares withheld for employee taxes | $ 4,735 | 4,735 | 0 | 0 |
Exercise of stock options and vesting of restricted stock units, net of shares withheld for employee taxes, Shares | 2,246 | |||
Issuance of common stock in connection with employee stock purchase plan | $ 28,064 | 28,064 | 0 | 0 |
Issuance of common stock in connection with employee stock purchase plan, Shares | 541 | |||
Tax deficiency from exercised stock options | 0 | 0 | ||
Cumulative-effect adoption of ASU 2016-09 | $ 36,684 | 36,684 | ||
Cumulative-effect adoption of ASU 2016-16 | 1,201 | 1,201 | ||
Repurchase of common stock, including transaction costs | $ (219,907) | (219,907) | 0 | 0 |
Repurchase of common stock, including transaction costs, Shares | (2,929) | |||
Stock-based compensation expense | $ 66,799 | 66,799 | 0 | 0 |
Ending Balance at Mar. 31, 2018 | $ 4,775,564 | $ 5,237,085 | $ (2,752) | $ (458,769) |
Ending Balance, Shares at Mar. 31, 2018 | 126,322 |
X | ||||||||||
- Definition Cumulative-effect adoption of ASU 2016-09 No definition available.
|
X | ||||||||||
- Definition Cumulative-effect adoption of ASU 2016-16 No definition available.
|
X | ||||||||||
- Definition Value stock issued during the period as a result of the exercise of stock options and vesting of restricted stock units, net of shares withheld for employee taxes. No definition available.
|
X | ||||||||||
- Definition Number of shares issued during the period as a result of the exercise of stock options and vesting of restricted stock units, net of shares withheld for employee taxes. No definition available.
|
X | ||||||||||
- Definition The amount of adjustment to stockholders' equity associated with an employee's income tax withholding obligation as part of a net-share settlement of a share-based award. No definition available.
|
X | ||||||||||
- Definition Amount of decrease in additional paid in capital (APIC) resulting from a tax deficiency associated with a share-based compensation plan other than an employee stock ownership plan (ESOP). No definition available.
|
X | ||||||||||
- Definition Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount after tax and reclassification adjustments of other comprehensive income (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Number of shares issued during the period as a result of an employee stock purchase plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Aggregate change in value for stock issued during the period as a result of employee stock purchase plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Value of stock (or other type of equity) issued during the period as a result of any equity-based compensation plan other than an employee stock ownership plan (ESOP), net of stock value of such awards forfeited. Stock issued could result from the issuance of restricted stock, the exercise of stock options, stock issued under employee stock purchase plans, and/or other employee benefit plans. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Number of shares that have been repurchased during the period and have not been retired and are not held in treasury. Some state laws may govern the circumstances under which an entity may acquire its own stock and prescribe the accounting treatment therefore. This element is used when state law does not recognize treasury stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Equity impact of the value of stock that has been repurchased during the period and has not been retired and is not held in treasury. Some state laws may mandate the circumstances under which an entity may acquire its own stock and prescribe the accounting treatment therefore. This element is used when state law does not recognize treasury stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Consolidated Statements of Cash Flows - USD ($) $ in Thousands |
12 Months Ended | ||
---|---|---|---|
Mar. 31, 2018 |
Apr. 01, 2017 |
Apr. 02, 2016 |
|
Cash flows from operating activities: | |||
Net loss | $ (40,288) | $ (16,558) | $ (28,845) |
Adjustments to reconcile net loss to net cash provided by operating activities: | |||
Depreciation | 174,425 | 209,825 | 180,362 |
Intangible assets amortization (Note 7) | 539,790 | 494,752 | 494,589 |
Amortization of debt issuance cost and other non-cash items | 1,858 | 1,709 | 112 |
Excess tax benefit from exercises of stock options | 0 | (65) | (935) |
Deferred income taxes | (32,248) | (28,027) | (12,189) |
Foreign currency adjustments | 953 | (36) | 1,705 |
Loss (income) on investments and other assets, net (Note 11) | 49,177 | 5,478 | (4,705) |
Stock-based compensation expense | 68,158 | 88,845 | 139,516 |
Changes in operating assets and liabilities: | |||
Accounts receivable, net | 12,906 | (36,873) | 36,682 |
Inventories | (41,887) | (6,442) | (84,116) |
Prepaid expenses and other current and non-current assets | 28,310 | 20,285 | (28,871) |
Accounts payable | 38,952 | (1,035) | (461) |
Accrued liabilities | (2,623) | 26,866 | 3,862 |
Income tax payable/(recoverable) | 50,801 | 13,414 | 4,300 |
Other assets and liabilities | 4,236 | 4,682 | (13,079) |
Net cash provided by operating activities | 852,520 | 776,820 | 687,927 |
Investing activities: | |||
Purchase of property and equipment | (269,835) | (552,702) | (315,624) |
Purchase of available-for-sale securities | 0 | (469) | (340,527) |
Proceeds from maturities of available-for-sale securities | 0 | 186,793 | 390,009 |
Purchase of business, net of cash acquired (Note 6) | 0 | (117,994) | 0 |
Other investing | (7,574) | (5,976) | (12,572) |
Net cash used in investing activities | (277,409) | (490,348) | (278,714) |
Financing activities: | |||
Repurchase of common stock, including transaction costs | (219,907) | (209,357) | (1,300,009) |
Proceeds from debt issuances | 100,000 | 0 | 1,175,000 |
Payment of debt | (107,729) | 0 | (175,000) |
Debt issuance costs | (1,916) | 0 | (13,588) |
Proceeds from the issuance of common stock | 57,412 | 59,148 | 51,875 |
Tax withholding paid on behalf of employees for restricted stock units | (24,708) | (15,516) | (22,168) |
Excess tax benefit from exercises of stock options | 0 | 65 | 935 |
Other financing | 0 | 10 | (29) |
Net cash used in financing activities | (196,848) | (165,650) | (282,984) |
Effect of exchange rate changes on cash | 2,360 | (1,105) | (294) |
Net increase in cash, cash equivalents and restricted cash | 380,623 | 119,717 | 125,935 |
Cash, cash equivalents and restricted cash at the beginning of the period | 545,779 | 426,062 | 300,127 |
Cash, cash equivalents and restricted cash at the end of the period | 926,402 | 545,779 | 426,062 |
Supplemental disclosure of cash flow information: | |||
Cash paid during the year for interest | 70,208 | 71,171 | 2,164 |
Cash paid during the year for income taxes | 41,478 | 52,656 | 34,942 |
Non-cash investing and financing information: | |||
Capital expenditure adjustments included in liabilities | $ 31,769 | $ 75,340 | $ 33,548 |
X | ||||||||||
- Definition Change in Capital Expenditures Incurred but Not Paid No definition available.
|
X | ||||||||||
- Definition The gains (losses) included in earnings resulting from the sale or disposal of tangible or intangible assets. No definition available.
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Amount of amortization expense attributable to debt discount (premium) and debt issuance costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of cash and cash equivalents, and cash and cash equivalents restricted to withdrawal or usage. Excludes amount for disposal group and discontinued operations. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of increase (decrease) in cash, cash equivalents, and cash and cash equivalents restricted to withdrawal or usage; including effect from exchange rate change. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of deferred income tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of increase (decrease) from the effect of exchange rate changes on cash and cash equivalent balances held in foreign currencies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of cash inflow from realized tax benefit related to deductible compensation cost reported on the entity's tax return for equity instruments in excess of the compensation cost for those instruments recognized for financial reporting purposes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of cash outflow for realized tax benefit related to deductible compensation cost reported on the entity's tax return for equity instruments in excess of the compensation cost for those instruments recognized for financial reporting purposes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount before tax of foreign currency transaction unrealized gain (loss) recognized in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The increase (decrease) during the reporting period in the aggregate amount of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The increase (decrease) during the period in the amount due for taxes based on the reporting entity's earnings or attributable to the entity's income earning process (business presence) within a given jurisdiction. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The increase (decrease) during the reporting period in the aggregate amount of expenses incurred but not yet paid. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The increase (decrease) during the reporting period in the aggregate value of all inventory held by the reporting entity, associated with underlying transactions that are classified as operating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Amount of increase (decrease) in operating liabilities classified as other. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of increase (decrease) in prepaid expenses, and assets classified as other. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of cash paid for interest. Includes, but is not limited to, payment to settle zero-coupon bond attributable to accreted interest of debt discount and debt instrument with insignificant coupon interest rate in relation to effective interest rate of borrowing attributable to accreted interest of debt discount. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of cash (inflow) outflow from investing activities classified as other. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The cash outflow to reacquire common stock during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The cash outflow paid to third parties in connection with debt origination, which will be amortized over the remaining maturity period of the associated long-term debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of cash outflow to satisfy an employee's income tax withholding obligation as part of a net-share settlement of a share-based award. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The cash outflow to acquire debt and equity securities not classified as either held-to-maturity securities or trading securities which would be classified as available-for-sale securities and reported at fair value, with unrealized gains and losses excluded from earnings and reported in a separate component of shareholders' equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The cash outflow associated with the acquisition of a business, net of the cash acquired from the purchase. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of cash inflow from issuance of shares under share-based compensation arrangement. Issuance includes, but is not limited to, exercise of stock options and similar instruments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of cash inflow (outflow) from financing activities classified as other. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The net cash inflow or outflow in aggregate debt due to repayments and proceeds from additional borrowings. No definition available.
|
X | ||||||||||
- Definition The cash inflow associated with the sale or maturity (principal being due) of securities not classified as either held-to-maturity securities or trading securities which are classified as available-for-sale securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The cash outflow for debt initially having maturity due after one year or beyond the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- References No definition available.
|
The Company and Its Significant Accounting Policies |
12 Months Ended |
---|---|
Mar. 31, 2018 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
THE COMPANY AND ITS SIGNIFICANT ACCOUNTING POLICIES | THE COMPANY AND ITS SIGNIFICANT ACCOUNTING POLICIES On February 22, 2014, RF Micro Devices, Inc. ("RFMD") and TriQuint Semiconductor, Inc. ("TriQuint") entered into an Agreement and Plan of Merger and Reorganization (as subsequently amended on July 15, 2014, the "Merger Agreement") providing for the business combination of RFMD and TriQuint (the "Business Combination") under a new holding company named Qorvo, Inc. The stockholders of both RFMD and TriQuint approved the Merger Agreement at each company's special meeting of stockholders on September 5, 2014. During the third quarter of fiscal 2015, all necessary regulatory approvals were received to complete the Business Combination. The Business Combination closed on January 1, 2015 (fourth quarter of fiscal 2015). For financial reporting and accounting purposes, RFMD was the acquirer of TriQuint. The Company is a product and technology leader at the forefront of the growing global demand for always-on broadband connectivity. The Company combines a broad portfolio of radio frequency (“RF”) solutions, highly differentiated semiconductor technologies, deep systems-level expertise and scale manufacturing to supply a diverse group of customers in expanding markets, including smartphones and other mobile devices, defense and aerospace, Wi-Fi customer premises equipment, cellular base stations, optical networks, automotive connectivity, and smart home applications. Within these markets, the Company's products enable a broad range of leading-edge applications - from very-high-power wired and wireless infrastructure solutions to ultra-low-power smart home solutions. The Company's products and technologies help transform how people around the world access their data, transact commerce, and interact with their communities. The Company’s design and manufacturing expertise covers many semiconductor process technologies, which it sources both internally and through external suppliers. The Company’s primary wafer fabrication facilities are located in Florida, North Carolina, Oregon and Texas and its primary assembly and test facilities are located in China, Costa Rica, Germany and Texas. The Company operates design, sales and manufacturing facilities throughout Asia, Europe and North America. Principles of Consolidation and Basis of Presentation The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All significant intercompany accounts and transactions have been eliminated in consolidation. Certain items in the fiscal years 2017 and 2016 financial statements have been reclassified to conform to the fiscal 2018 presentation, such as restricted cash in accordance with Accounting Standards Update ("ASU") 2016-18. Accounting Periods The Company uses a 52- or 53-week fiscal year ending on the Saturday closest to March 31 of each year. The most recent three fiscal years ended on March 31, 2018, April 1, 2017, and April 2, 2016. Fiscal years 2018 and 2017 were 52-week years, and fiscal year 2016 was a 53-week year. Use of Estimates The preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the U.S. requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. The actual results that the Company experiences may differ materially from its estimates. The Company makes estimates for the returns reserve, rebates, allowance for doubtful accounts, inventory valuation including reserves, warranty reserves, income tax valuation, current and deferred income taxes, uncertain tax positions, non-marketable equity investments, other-than-temporary impairments of investments, goodwill, long-lived assets and other financial statement amounts on a regular basis and makes adjustments based on historical experiences and expected future conditions. Accounting estimates require difficult and subjective judgments and actual results may differ from the Company’s estimates. During the first quarter of fiscal 2018, the Company changed its accounting estimate for the expected useful lives of certain machinery and equipment. The Company evaluated its asset base and reassessed the estimated useful lives of certain machinery and equipment in connection with its implementation of several capital projects, including the migration of certain surface acoustic wave ("SAW") processes from 4-inch to 6-inch toolsets and certain bulk acoustic wave ("BAW") processes from 6-inch to 8-inch toolsets. Based on its ability to re-use equipment across generations of process technologies and historical usage trends, the Company determined that the expected useful lives for certain machinery and equipment should be increased by up to three years to reflect more closely the estimated economic lives of those assets. This change in estimate was applied prospectively effective for the first quarter of fiscal 2018 and resulted in a decrease in depreciation expense of $59.7 million for fiscal 2018. This decrease in depreciation expense for fiscal 2018 resulted in the following: (1) an increase in income from operations of $47.4 million; (2) an increase in net income of $44.1 million; (3) an improvement in earnings per share of $0.34; and (4) a reduction in inventory of $12.3 million. Cash and Cash Equivalents Cash and cash equivalents consist of demand deposit accounts, money market funds, and other temporary, highly-liquid investments with original maturities of three months or less when purchased. Investments Investments available-for-sale at March 31, 2018 and April 1, 2017 consisted of auction rate securities ("ARS"). Available-for-sale investments with an original maturity date greater than approximately three months and less than one year are classified as current investments. Available-for-sale investments with an original maturity date exceeding one year are classified as long-term. Available-for-sale securities are carried at fair value with the unrealized gains and losses, net of tax, reported in “Other comprehensive income (loss).” The cost of securities sold is based on the specific identification method and any realized gain or loss is included in “Other (expense) income.” The cost of available-for-sale securities is adjusted for premiums and discounts, with the amortization or accretion of such amounts included as a portion of interest. The Company assesses individual investments for impairment quarterly. Investments are impaired when the fair value is less than the amortized cost. If an investment is impaired, the Company evaluates whether the impairment is other-than-temporary. A debt investment impairment is considered other-than-temporary if (i) the Company intends to sell the security, (ii) it is more likely than not that the Company will be required to sell the security before recovery of the entire amortized cost basis, or (iii) the Company does not expect to recover the entire amortized cost basis of the security (a credit loss). Other-than-temporary declines in the Company's debt securities are recognized as a loss in the statement of operations if due to credit loss; all other losses on debt securities are recorded in “Other comprehensive income (loss).” The previous amortized cost basis less the other-than-temporary impairment becomes the new cost basis and is not adjusted for subsequent recoveries in fair value. Inventories Inventories are stated at the lower of cost or net realizable value (cost is based on standard cost, which approximates actual average cost). The Company’s business is subject to the risk of technological and design changes. The Company evaluates inventory levels quarterly against sales forecasts on a product family basis to evaluate its overall inventory risk. Reserves are adjusted to reflect inventory values in excess of forecasted sales and management's analysis and assessment of overall inventory risk. In the event the Company sells inventory that had been covered by a specific inventory reserve, the sale is recorded at the actual selling price and the related cost of goods sold is recorded at the full inventory cost, net of the reserve. Abnormal production levels are charged to the income statement in the period incurred rather than as a portion of inventory cost. Product Warranty The Company generally sells products with a limited warranty on product quality. The Company accrues for known warranty issues if a loss is probable and can be reasonably estimated, and accrues for estimated incurred but unidentified issues based on historical activity. The accrual and the related expense for known product warranty issues were not significant during the periods presented. Due to product testing and the short time typically between product shipment and the detection and correction of product failures and the historical rate of losses, the accrual and related expense for estimated incurred but unidentified issues was not significant during the periods presented. Other Receivables The Company records miscellaneous non-product receivables that are collectible within 12 months in “Other receivables,” such as value-added tax receivables ($38.1 million as of March 31, 2018 and $55.4 million as of April 1, 2017, which are reported on a net basis), precious metal reclaims submitted for payment and other miscellaneous items. Property and Equipment Property and equipment are stated at cost, less accumulated depreciation. Depreciation of property and equipment is computed using the straight-line method over the estimated useful lives of the assets, ranging from one year to thirty-nine years. The Company capitalizes interest on borrowings related to eligible capital expenditures. Capitalized interest is added to the cost of qualified assets and depreciated together with that asset cost. The Company’s assets acquired under capital leases and leasehold improvements are amortized over the lesser of the asset life or lease term (which is reasonably assured) and included in depreciation. The Company records capital-related government grants earned as a reduction to property and equipment and depreciates such grants over the estimated useful lives of the associated assets. The Company periodically evaluates the period over which it expects to recover the economic value of the Company’s property and equipment, considering factors such as changes in machinery and equipment technology, the ability to re-use equipment across generations of process technology and historical usage trends. If the Company determines that the useful lives of its assets are shorter or longer than originally estimated, the rate of depreciation is adjusted to reflect the revised useful lives of the assets. The Company assesses property and equipment for impairment when events or changes in circumstances indicate that the carrying amount of its assets may not be recoverable. Factors that are considered in deciding when to perform an impairment review include an adverse change in the use of the Company’s assets or an expectation that the assets will be sold or otherwise disposed. The Company assesses the recoverability of the assets held for use by comparing the projected undiscounted net cash flows associated with the related asset or group of assets over their remaining estimated useful lives against their respective carrying amounts. Assets identified as “held for sale” are recorded at the lesser of their carrying value or their fair market value less costs to sell. Impairment, if any, is based on the excess of the carrying amount over the fair value of those assets. Goodwill and Intangible Assets Goodwill is recorded when the purchase price paid for a business exceeds the estimated fair value of the net identified tangible and intangible assets acquired. Intangibles are recorded when such assets are acquired by purchase or license. The value of the Company's intangibles, including goodwill, could be impacted by future adverse changes such as: (i) any future declines in the Company's operating results; (ii) a decline in the value of technology company stocks, including the value of the Company's common stock; (iii) a prolonged or more significant slowdown in the worldwide economy or the semiconductor industry; or (iv) failure to meet the performance projections included in the Company's forecasts of future operating results. The Company accounts for goodwill and indefinite-lived intangible assets in accordance with the Financial Accounting Standards Board ("FASB") guidance, which requires annual testing for impairment or whenever events or circumstances make it more likely than not that an impairment may have occurred. The Company performs its annual impairment tests on the first day of the fourth quarter in each fiscal year. Indefinite-lived intangible assets consist of in-process research and development ("IPRD"). The Company has the option to perform a qualitative assessment (commonly referred to as "step zero") to determine whether further quantitative analysis for impairment of goodwill or indefinite-lived intangible assets is necessary. In performing step zero for its impairment test, the Company is required to make assumptions and judgments, including the evaluation of macroeconomic conditions as related to the Company's business, industry and market trends, and the overall future financial performance of the Company's reporting units and future opportunities in the markets in which they operate. The Company also considers recent fair value calculations of its indefinite-lived intangible assets and reporting units as well as cost factors such as changes in raw materials, labor or other costs. If the step zero analysis indicates that it is more likely than not that the fair value of a reporting unit or indefinite-lived asset is less than its respective carrying value including goodwill, then the Company would perform an additional quantitative analysis. For goodwill, this involves a two-step process. The first step compares the fair value of the reporting unit, including its goodwill, to its carrying value. If the carrying value of the reporting unit exceeds its fair value, then the second step of the process is performed to determine the amount of impairment. The second step compares the implied fair value of the reporting unit's goodwill to the carrying value of the goodwill. An impairment charge is recognized for the amount the carrying value of the reporting unit's goodwill exceeds its implied fair value. For indefinite-lived intangible assets, the quantitative analysis compares the carrying value of the asset to its fair value and an impairment charge is recognized for the amount its carrying value exceeds its fair value. Determining the fair value of reporting units, indefinite-lived intangible assets and implied fair value of a reporting unit's goodwill is reliant upon estimated future revenues, profitability and cash flows and consideration of market factors. Assumptions, judgments and estimates are complex, subjective and can be affected by a variety of factors, including external factors such as industry and economic trends, and internal factors such as changes in the Company's business strategy or its internal forecasts. Although the Company believes the assumptions, judgments and estimates it has made have been reasonable and appropriate, different assumptions, judgments and estimates could materially affect its results of operations. Goodwill Goodwill is allocated to the Company's reporting units based on the expected benefit from the synergies of the business combinations generating the underlying goodwill. As of March 31, 2018, the Company's goodwill balance of $2,173.9 million is allocated between its Mobile Products ("MP") and Infrastructure and Defense Products ("IDP") reporting units. In fiscal years 2018 and 2017, the Company completed qualitative assessments of the fair value of its reporting units and concluded that goodwill was not impaired. For fiscal 2016, although there were no indicators of impairment, the Company opted to bypass the qualitative assessment and proceeded to perform fair value assessments of its reporting units (the first step of the quantitative impairment analysis) as the fair value of the reporting units had changed (due to the Business Combination) since the last time the Company performed a quantitative analysis. The quantitative assessments performed reaffirmed that there were no indicators of impairment for fiscal 2016. In performing these quantitative assessments, consistent with its historical approach, the Company used both the income and market approaches to estimate the fair value of its reporting units. The income approach involves discounting future estimated cash flows. The sum of the reporting unit cash flow projections was compared to the Company's market capitalization in a discounted cash flow framework to calculate an overall implied internal rate of return (or discount rate) for the Company. The Company's market capitalization was adjusted to a control basis assuming a reasonable control premium, which resulted in an implied discount rate. This implied discount rate serves as a baseline for estimating the specific discount rate for each reporting unit. The discount rate used is the value-weighted average of the Company's estimated cost of equity and debt (“cost of capital”) derived using both known and estimated customary market metrics. The Company's weighted average cost of capital is adjusted for each reporting unit to reflect a risk factor, if necessary, for each reporting unit. The Company performs sensitivity tests with respect to growth rates and discount rates used in the income approach. The Company believes the income approach is appropriate because it provides a fair value estimate based upon the respective reporting unit’s expected long-term operations and cash flow performance. The Company considered historical rates and current market conditions when determining the discount and growth rates used in its analysis. For fiscal 2016, the material assumptions used for the income approach were eight years of projected net cash flows and a long-term growth rate of 3% for both the MP and IDP reporting units. A discount rate of 15% and 16% was used for the MP and IDP reporting units, respectively. In applying the market approach, valuation multiples are derived from historical and projected operating data of selected guideline companies, which are evaluated and adjusted, if necessary, based on the strengths and weaknesses of the reporting unit relative to the selected guideline companies. The valuation multiples are then applied to the appropriate historical and/or projected operating data of the reporting unit to arrive at an indication of fair value. The Company believes the market approach is appropriate because it provides a fair value using multiples from companies with operations and economic characteristics similar to its reporting units. The Company weighted the results of the income approach and the results of the market approach at 50% each and for the MP and IDP reporting units, concluded that the fair value of the reporting units was determined to be substantially in excess of the carrying value, and as such, no further analysis was warranted. Under the income approach described above, the following indicates the sensitivity of key assumptions utilized in the assessment. A one percentage point decrease in the discount rate would have increased the fair value of the MP and IDP reporting units by approximately $660.0 million and $140.0 million, respectively, while a one percentage point increase in the discount rate would have decreased the fair value of the MP and IDP reporting units by approximately $560.0 million and $110.0 million, respectively. A one percentage point decrease in the long-term growth rate would have decreased the fair value of the MP and IDP reporting units by approximately $290.0 million and $50.0 million, respectively, while a one percentage point increase in the long-term growth rate would have increased the fair value of the MP and IDP reporting units by approximately $340.0 million and $70.0 million, respectively. Intangible Assets with Indefinite Lives In fiscal 2015, as a result of the Business Combination, the Company recorded IPRD of $470.0 million. IPRD was recorded at fair value as of the date of acquisition as an indefinite-lived intangible asset until the completion or abandonment of the associated research and development ("R&D") efforts or impairment. The fair value of the acquired IPRD was determined based on an income approach using the "excess earnings method," which estimated the value of the intangible assets by discounting the future projected earnings of the asset to present value as of the valuation date. Upon completion of development, acquired IPRD assets are transferred to finite-lived intangible assets and amortized over their useful lives. During fiscal years 2018, 2017 and 2016, the Company completed and transferred into developed technology approximately $37.0 million, $220.0 million and $203.0 million, respectively, of IPRD. The Company performed a qualitative assessment of the remaining IPRD of $10.0 million during fiscal 2018 and concluded that IPRD was not impaired. Intangible Assets with Definite Lives Intangible assets are recorded when such assets are acquired by purchase or license. Finite-lived intangible assets consist primarily of technology licenses, customer relationships, developed technology and trade names resulting from business combinations and are subject to amortization. Technology licenses are recorded at cost and are amortized on a straight-line basis over the lesser of the estimated useful life of the technology or the term of the license agreement, ranging from approximately five to eight years. The fair value of customer relationships acquired during fiscal years 2013, 2015 and 2017 was determined based on an income approach using the “with and without method," in which the value of the asset is determined by the difference in discounted cash flows of the profitability of the Company "with" the asset and the profitability of the Company "without" the asset. Customer relationships are amortized on a straight-line basis over the estimated useful life, ranging from three to ten years. The fair value of developed technology acquired during fiscal years 2013, 2015 and 2017 was determined based on an income approach using the "excess earnings method," which estimated the value of the intangible assets by discounting the future projected earnings of the asset to present value as of the valuation date. Developed technology is amortized on a straight-line basis over the estimated useful life, ranging from three to six years. The fair value of trade names acquired in fiscal years 2015 and 2017 was determined based on an income approach using the "relief from royalty method," in which the value of the asset is determined by discounting the future projected cash flows generated from the trade name's estimated royalties. Trade names are amortized on a straight-line basis over the estimated useful life of two to three years. The Company regularly reviews identified intangible assets to determine if facts and circumstances indicate that the useful lives have changed from the original estimate or that the carrying amount of the assets may not be recoverable. If such facts and circumstances exist, the Company assesses the recoverability of identified intangible assets by comparing the projected undiscounted net cash flows associated with the related asset or group of assets over their remaining lives against their respective carrying amounts. Impairments, if any, are based on the excess of the carrying amount over the fair value of those assets and occur in the period in which the impairment determination was made. Accrued Liabilities The "Accrued liabilities" balance as of March 31, 2018 and April 1, 2017 includes accrued compensation and benefits of $96.7 million and $98.7 million, respectively, and interest payable of $23.1 million and $23.2 million, respectively. Revenue Recognition The Company's net revenue is generated principally from sales of semiconductor products. The Company recognizes revenue from product sales when the fundamental criteria are met, such as the time at which the title and risk and rewards of product ownership are transferred to the customer, price and terms are fixed or determinable, no significant vendor obligation exists and collection of the resulting receivable is reasonably assured. Sales of products are generally made through either the Company's sales force, manufacturers' representatives or through a distribution network. Revenue from the majority of the Company's products is recognized upon shipment of the product to the customer from a Company-owned or third-party location. Some revenue is recognized upon receipt of the shipment by the customer. The Company has limited rebate programs offering price protection to certain distributors. These rebates represent less than 5% of net revenue and can be reasonably estimated based on specific criteria included in the rebate agreements and other known factors at the time. The Company reduces revenue and records reserves for product returns and allowances for price protection, stock rotation, and scrap allowance based on historical experience or specific identification depending on the contractual terms of the arrangement. The Company also recognizes a portion of its net revenue through other agreements such as non-recurring engineering fees, contracts for R&D work, royalty income, intellectual property ("IP") revenue, and service revenue. These agreements are collectively less than 1% of consolidated annual revenue. Revenue from these agreements is recognized when the service is completed or upon certain milestones, as provided for in the agreements. Revenue from certain contracts is recognized on the percentage of completion method based on the costs incurred to date and the total contract amount, plus the contractual fee. If these contracts experience cost overruns, the percentage of completion method is used to determine revenue recognition. Revenue from fixed price contracts is recognized when the required deliverable is satisfied. Royalty income is recognized based on a percentage of sales of the relevant product reported by licensees during the period. The Company additionally licenses or sells its rights to use portions of its IP portfolio, which includes certain patent rights useful in the manufacture and sales of certain products. IP revenue recognition is dependent on the terms of each agreement. The Company will recognize IP revenue upon delivery of the IP if the Company has no substantive future obligation to perform under the arrangement. The Company will defer recognition of IP revenue where future performance obligations are required to earn the revenue or the revenue is not guaranteed. Revenue from services is recognized during the period that the service is performed. Accounts receivable are recorded for all revenue items listed above and do not bear interest. The Company evaluates the collectability of accounts receivable based on a combination of factors. In cases where the Company is aware of circumstances that may impair a specific customer’s ability to meet its financial obligations subsequent to the original sale, the Company will record an allowance against amounts due, and thereby reduce the receivable to the amount the Company reasonably believes will be collected. For all other customers, the Company recognizes allowances for doubtful accounts based on the length of time the receivables are past due, industry and geographic concentrations, the current business environment and the Company’s historical experience. The Company's terms and conditions do not give its customers a right of return associated with the original sale of its products. However, the Company will authorize sales returns under certain circumstances, which include perceived quality problems, courtesy returns and like-kind exchanges. The Company evaluates its estimate of returns by analyzing all types of returns and the timing of such returns in relation to the original sale. Reserves are adjusted to reflect changes in the estimated returns versus the original sale of product. Shipping and Handling Cost The Company recognizes amounts billed to a customer in a sale transaction related to shipping and handling as revenue. The costs incurred by the Company for shipping and handling are classified as cost of goods sold in the Consolidated Statements of Operations. Research and Development The Company charges all R&D costs to expense as incurred. Precious Metals Reclaim The Company uses historical experience to estimate the amount of reclaim on precious metals used in manufacturing at the end of each period and states the reclaim value at the lower of average cost or market. The estimated value to be received from precious metal reclaim is included in "Other current assets" and reclaims submitted for payment are included in "Other receivables" in the Consolidated Balance Sheets. Income Taxes The Company accounts for income taxes under the liability method, which requires recognition of deferred tax assets and liabilities for the temporary differences between the financial reporting and tax basis of assets and liabilities and for tax carryforwards. Deferred tax assets and liabilities for each tax jurisdiction are measured using the enacted statutory tax rates in effect for the years in which the differences are expected to reverse. A valuation allowance is provided against deferred tax assets to the extent the Company determines it is more likely than not that some portion or all of its deferred tax assets will not be realized. A more likely than not recognition threshold is required to be met before the Company recognizes the benefit of an income tax position in its financial statements. The Company’s policy is to recognize accrued interest and penalties, if incurred, on any unrecognized tax benefits as a component of income tax expense. It is the Company’s current intent and policy to invest the earnings of foreign subsidiaries indefinitely outside the U.S., except for Qorvo International Pte. Ltd. in Singapore. Accordingly, the Company does not record a deferred tax liability for U.S. income taxes on unremitted foreign earnings of other foreign subsidiaries. Stock-Based Compensation Under FASB Accounting Standards Codification ("ASC") 718, “Compensation – Stock Compensation," stock-based compensation cost is measured at the grant date, based on the estimated fair value of the award using an option pricing model for stock options (Black-Scholes) and market price for restricted stock units, and is recognized as expense over the employee's requisite service period. As of March 31, 2018, total remaining unearned compensation cost related to unvested restricted stock units and options was $72.8 million, which will be amortized over the weighted-average remaining service period of approximately 1.2 years. Foreign Currency Translation The financial statements of foreign subsidiaries have been translated into U.S. dollars in accordance with FASB ASC 830, “Foreign Currency Matters.” The functional currency for most of the Company’s international operations is the U.S. dollar. The functional currency for the remainder of the Company’s foreign subsidiaries is the local currency. Assets and liabilities denominated in foreign currencies are translated using the exchange rates on the balance sheet dates. Revenues and expenses are translated using the average exchange rates throughout the year. Translation adjustments are shown separately as a component of “Accumulated other comprehensive loss” within “Stockholders’ equity” in the Consolidated Balance Sheets. Foreign currency transaction gains or losses (transactions denominated in a currency other than the functional currency) are reported in “Other income (expense)” in the Consolidated Statements of Operations. Recent Accounting Pronouncements Accounting Pronouncements Not Yet Effective In January 2017, the FASB issued ASU 2017-04, "Intangibles-Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment." The new guidance simplifies the subsequent measurement of goodwill by eliminating the second step from the quantitative goodwill impairment test. The Company will continue to have the option to perform a qualitative assessment to determine if a quantitative goodwill impairment test is necessary. The new standard will become effective for the Company beginning in fiscal 2021 with early adoption permitted. The Company does not believe it will have a significant impact on its consolidated financial statements. In January 2017, the FASB issued ASU 2017-01, "Business Combinations (Topic 805): Clarifying the Definition of a Business." The new guidance clarifies the definition of a business and provides further guidance for evaluating whether a transaction will be accounted for as an acquisition of an asset or a business. The new standard will become effective for the Company beginning in the first quarter of fiscal 2019 with early adoption permitted. The update should be applied prospectively. The Company does not believe it will have a significant impact on its consolidated financial statements. In August 2016, the FASB issued ASU 2016-15, "Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments (a consensus of the FASB’s Emerging Issues Task Force)." The new guidance addresses eight specific cash flow issues with the objective of reducing the existing diversity in practice. The new standard will become effective for the Company beginning in the first quarter of fiscal 2019. The Company does not believe it will have a significant impact on its consolidated financial statements. In June 2016, the FASB issued ASU 2016-13, "Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments." The new guidance requires entities to use a current lifetime expected credit loss methodology to measure impairments of certain financial instruments. It also modifies the impairment model for available-for-sale debt securities and provides for a simplified accounting model for purchased financial assets with credit deterioration since their origination. The new standard will become effective for the Company beginning in the first quarter of fiscal 2021 with early adoption permitted. The Company does not believe it will have a significant impact on its consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, "Leases (Topic 842)." The new guidance requires lessees to recognize a right-of-use asset and a lease liability for all leases with a term longer than 12 months, including those previously described as operating leases. Consistent with current U.S. generally accepted accounting principles ("GAAP"), the recognition, measurement, and presentation of expenses and cash flows arising from a lease by a lessee will primarily depend on its classification as a finance or operating lease. The new guidance will become effective for the Company in the first quarter of fiscal 2020. The Company expects the valuation of the right-of-use assets and lease liabilities, for leases previously described as operating leases, to be the present value of its forecasted future lease commitments. The Company is continuing to assess the overall impacts of the new standard, including the discount rate to be applied in these valuations. In January 2016, the FASB issued ASU 2016-01, "Financial Instruments - Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities." The new guidance will affect the accounting for equity investments, financial liabilities measured under the fair value option and presentation and disclosure requirements for financial instruments. In addition, the FASB clarified guidance related to the assessment of valuation allowances when recognizing deferred tax assets related to unrealized losses on available-for-sale debt securities. The new standard is effective for the Company beginning in the first quarter of fiscal 2019. The Company does not believe it will have a significant impact on its consolidated financial statements. In May 2014, the FASB issued ASU 2014-09, "Revenue from Contracts with Customers (Topic 606)," with several amendments subsequently issued. The new guidance provides an updated framework for revenue recognition, resulting in a single revenue model to be applied by reporting companies under U.S. GAAP. Under the new model, recognition of revenue occurs when a customer obtains control of promised goods or services in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. Additional disclosures will be required regarding the nature, amount, timing and uncertainty of cash flows. The Company will adopt the standard in the first quarter of fiscal 2019 using the modified retrospective approach, under which the cumulative effect of adoption is recognized at the date of initial application. The Company has evaluated the impact of the standard and does not anticipate that the adoption of this standard will have a material impact on its consolidated financial statements. The Company is implementing changes to its accounting policies, internal controls and disclosures to support the new standard; however, these changes are not expected to be material. Accounting Pronouncements Recently Adopted In March 2018, the FASB issued ASU 2018-05, "Income Taxes (Topic 740): Amendments to SEC Paragraphs Pursuant to SEC Staff Accounting Bulletin No. 118." The amendments incorporate into the ASC the recent SEC guidance related to the income tax accounting implications of the Tax Cuts and Jobs Act (the "Tax Act"). See Note 12 for further disclosures. In May 2017, the FASB issued ASU 2017-09, "Compensation—Stock Compensation (Topic 718): Scope of Modification Accounting." The new guidance clarifies when modification accounting in Topic 718 should be applied to changes to the terms or conditions of a share-based payment award. The Company elected to early-adopt the standard in the first quarter of fiscal 2018 with no impact on its consolidated financial statements. In November 2016, the FASB issued ASU 2016-18, "Statement of Cash Flows (Topic 230): Restricted Cash (a consensus of the FASB Emerging Issues Task Force)." The new guidance requires that restricted cash and restricted cash equivalents be included in cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown in the statement of cash flows. The Company adopted the provisions of ASU 2016-18 in the second quarter of fiscal 2018 using the retrospective transition method. The adjustment to reclassify restricted cash for each period presented was less than $1.0 million. In October 2016, the FASB issued ASU 2016-16, "Income Taxes (Topic 740), Intra-Entity Transfers of Assets Other Than Inventory." The new guidance requires an entity to recognize the income tax consequences of an intra-entity transfer of an asset, other than inventory, when the transfer occurs. The Company elected to early-adopt the standard in the first quarter of fiscal 2018 using the modified retrospective method (which resulted in a cumulative adjustment to retained earnings of $1.2 million as of the beginning of the period of adoption). During fiscal 2018, the Company recognized a tax expense of $6.9 million related to transfers of intra-entity assets. In March 2016, the FASB issued ASU 2016-09, "Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting." The new guidance simplifies certain aspects of accounting for share-based payment transactions, including income tax consequences, forfeitures, classification of awards on the balance sheet and presentation on the statement of cash flows, and became effective for the Company in the first quarter of fiscal 2018. The Company recognized a cumulative-effect adjustment to reduce the Company's accumulated deficit by $36.7 million with a corresponding increase to deferred tax assets for the federal and state net operating losses attributable to excess tax benefits that had not been previously recognized. All excess tax benefits and deficiencies in the current and future periods will be recognized as income tax expense in the Company’s Consolidated Statement of Operations in the reporting period in which they occur. This will result in increased volatility in the Company’s effective tax rate. During fiscal 2018, the Company recognized a discrete tax benefit of $12.2 million related to the excess tax benefits from stock-based compensation. The Company also elected to prospectively adopt the provision that requires excess tax benefits to be presented within operating activities in the statement of cash flows and no prior periods have been restated as a result of the adoption. The Company has continued its existing practice of estimating expected forfeitures in determining compensation cost. In March 2016, the FASB issued ASU 2016-07, "Investments-Equity Method and Joint Ventures (Topic 323): Simplifying the Transition to the Equity Method of Accounting." The new guidance eliminates the requirement to retrospectively apply the equity method of accounting when an investment previously accounted for under the cost basis qualifies for the equity method of accounting. The Company adopted ASU 2016-07 in the first quarter of fiscal 2018 with no impact on its consolidated financial results. In July 2015, the FASB issued ASU 2015-11, "Inventory (Topic 330): Simplifying the Measurement of Inventory." The new guidance changes the measurement principle for inventory from the lower of cost or market to the lower of cost and net realizable value. ASU 2015-11 defines net realizable value as the estimated selling price in the ordinary course of business less reasonably predictable costs to completion, transportation, or disposal. The Company adopted ASU 2015-11 in the first quarter of fiscal 2018 with no significant impact on its consolidated financial statements. |
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- Definition The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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CONCENTRATIONS OF CREDIT RISK | CONCENTRATIONS OF CREDIT RISK The Company’s principal financial instrument subject to potential concentration of credit risk is accounts receivable, which is unsecured. The Company provides an allowance for doubtful accounts equal to estimated losses expected to be incurred in the collection of accounts receivable. The Company has adopted credit policies and standards intended to accommodate industry growth and inherent risk and it believes that credit risks are moderated by the financial stability of its major customers, conservative payment terms and the Company’s strict credit policies. Revenue from significant customers, those representing 10% or more of revenue for the respective periods, are summarized as follows:
The Company provided its products to Apple through sales to multiple contract manufacturers. These customers primarily purchase cellular RF and Wi-Fi solutions offered by the Company's MP segment for a variety of mobile devices, including smartphones, notebook computers, wearables, tablets and cellular-based applications for the Internet of Things ("IoT"). Accounts receivable related to these customers (which includes multiple contract manufacturers) accounted for 26%, 40%, and 40% of the Company's total net accounts receivable balance as of March 31, 2018, April 1, 2017 and April 2, 2016, respectively. |
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- Definition The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Investments and Fair Value Measurements |
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Investments and Fair Value Measurements [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
INVESTMENTS AND FAIR VALUE MEASUREMENTS | INVESTMENTS AND FAIR VALUE OF FINANCIAL INSTRUMENTS Investments The following is a summary of cash equivalents and available-for-sale securities as of March 31, 2018 and April 1, 2017 (in thousands):
The estimated fair value of available-for-sale securities was based on the prevailing market values on March 31, 2018 and April 1, 2017. The Company determines the cost of an investment sold based on the specific identification method. The expected maturity distribution of cash equivalents and available-for-sale debt securities is as follows (in thousands):
Other Investments As of March 31, 2018, the Company had invested $45.0 million to acquire shares of Series F Preferred Stock of Cavendish Kinetics Limited, a private limited company incorporated in England and Wales. This investment is accounted for as a cost method investment and classified in "Long-term investments" in the Consolidated Balance Sheets. Fair Value of Financial Instruments Marketable securities are measured at fair value and recorded in "Cash and cash equivalents" and "Long-term investments" in the Consolidated Balance Sheets, and the related unrealized gains and losses are included in "Accumulated other comprehensive loss," a component of stockholders’ equity, net of tax. Recurring Fair Value Measurements The fair value of the financial assets and liabilities measured at fair value on a recurring basis was determined using the following levels of inputs as of March 31, 2018 and April 1, 2017 (in thousands):
(1) Auction rate securities are debt instruments with interest rates that reset through periodic short-term auctions. The Company's Level 2 ARS are valued based on quoted prices for identical or similar instruments in markets that are not active. (2) The non-qualified deferred compensation plan provides eligible employees and members of the Board of Directors with the opportunity to defer a specified percentage of their cash compensation. The Company includes the asset deferred by the participants in the “Other current assets” and “Other non-current assets” line items of its Consolidated Balance Sheets and the Company's obligation to deliver the deferred compensation in the "Other current liabilities" and “Other long-term liabilities” line items of its Consolidated Balance Sheets. As of March 31, 2018 and April 1, 2017, the Company did not have any Level 3 assets or liabilities. Nonrecurring Fair Value Measurements The Company's non-financial assets, such as intangible assets and property and equipment, are measured at fair value when there is an indicator of impairment, and recorded at fair value only when an impairment charge is recognized. See Note 11 for further information on impairment of property and equipment. Other Fair Value Disclosures The carrying values of cash and cash equivalents, accounts receivable, accounts payable and other accrued liabilities approximate fair values because of the relatively short-term maturities of these instruments. See Note 8 for the fair value of the Company's long-term debt. |
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- Definition Investments and fair value measurements. No definition available.
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- Definition Investments and fair value measurements. No definition available.
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Inventories |
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Inventory Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
INVENTORIES | INVENTORIES The components of inventories, net of reserves, are as follows (in thousands):
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- References No definition available.
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- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Property and Equipment |
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Property, Plant and Equipment [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Property and Equipment | PROPERTY AND EQUIPMENT The components of property and equipment are as follows (in thousands):
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- References No definition available.
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- Definition The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Business Acquisitions |
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Mar. 31, 2018 | |
BUSINESS ACQUISITION DISCLOSURE [Abstract] | |
BUSINESS ACQUISITIONS | BUSINESS ACQUISITIONS Acquisition of GreenPeak Technologies, B.V. During fiscal 2017, the Company completed the acquisition of GreenPeak Technologies, B.V. ("GreenPeak"), a leader in ultra-low power, short RF communication technology. The acquisition expanded the Company's offerings to include integrated RF solutions and systems-on-a-chip ("SoCs") for the connected home. The Company acquired 100% of the outstanding equity securities of GreenPeak for a purchase price of $118.1 million, net of cash acquired of $0.7 million. The total purchase price was allocated to GreenPeak's assets and liabilities based upon fair values as determined by the Company and resulted in goodwill of $38.2 million. The measurement period (up to one year from the acquisition date pursuant to ASC Topic 805 "Business Combinations") related to the acquisition of GreenPeak was concluded during the first quarter of fiscal 2018. The GreenPeak acquisition resulted in an increase in intangible assets of $82.1 million. The more significant intangible assets acquired were developed technology of $74.2 million (which is being amortized over 7 years) and customer relationships of $5.6 million (which is being amortized over 3 years). Business Combination between RFMD and TriQuint Effective January 1, 2015, pursuant to the Merger Agreement, RFMD and TriQuint completed a strategic combination of their respective businesses through the “merger of equals” Business Combination. Based on an evaluation of the provisions of FASB ASC Topic 805, “Business Combinations,” RFMD was determined to be the acquirer for accounting purposes. The initial allocation to goodwill of $2,036.7 million represented the excess of the purchase price over the fair value of assets acquired and liabilities assumed, which amount was allocated to the Company's MP operating segment ($1,745.5 million) and IDP operating segment ($291.2 million). During the measurement period (which was concluded during the third quarter of fiscal 2016), adjustments of $3.8 million and $1.1 million were made to reduce goodwill and increase property and equipment and deferred taxes, respectively. Goodwill recognized from the Business Combination is not deductible for income tax purposes. The Business Combination resulted in an increase in intangible assets of $2,394.0 million. The more significant intangible assets acquired were developed technology of $610.0 million and customer relationships of $1,220.0 million (which are both being amortized over periods between 4 and 6 years) and IPRD of $470.0 million, of which $460.0 million has been completed as of March 31, 2018 and transferred to finite-lived intangible assets (which are being amortized over periods between 4 and 6 years). During fiscal years 2018, 2017 and 2016, the Company incurred integration costs of approximately $6.2 million, $16.9 million, and $26.5 million, respectively, associated with the Business Combination. During fiscal years 2018, 2017 and 2016, the Company incurred restructuring costs of approximately $2.6 million, $2.0 million, and $10.1 million, respectively, associated with the Business Combination. The acquisition, integration and restructuring costs are being expensed as incurred and are presented in the Consolidated Statements of Operations as "Other operating expense." See Note 11 for further information on the restructuring. |
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- Definition BUSINESS ACQUISITION DISCLOSURE[Abstract] No definition available.
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- Definition The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Goodwill and Intangible Assets |
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Goodwill and Intangible Assets Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
GOODWILL AND INTANGIBLE ASSETS | GOODWILL AND INTANGIBLE ASSETS The changes in the carrying amount of goodwill for fiscal years 2017 and 2018, are as follows (in thousands):
(1) The Company’s goodwill balance is presented net of accumulated impairment losses and write-offs of $621.6 million. Goodwill is allocated to the reporting units that are expected to benefit from the synergies of the business combinations generating the underlying goodwill. The following summarizes information regarding the gross carrying amounts and accumulated amortization of intangible assets (in thousands):
During fiscal 2018, $37.0 million of IPRD assets were completed, transferred to finite-lived intangible assets, and are being amortized over their useful lives of 4 years. As of March 31, 2018, the IPRD remaining totaled approximately $10.0 million and is expected to be completed during fiscal 2019 with estimated remaining costs to complete of approximately $1.0 million to $2.0 million. Total intangible assets amortization expense was $539.8 million, $494.8 million and $494.6 million in fiscal years 2018, 2017 and 2016, respectively. The following table provides the Company's estimated amortization expense for intangible assets based on current amortization periods for the periods indicated (in thousands):
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- References No definition available.
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- Definition The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Debt |
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Debt Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
DEBT | DEBT Debt as of March 31, 2018 and April 1, 2017 is as follows (in thousands):
Credit Agreement On December 5, 2017 (the "Closing Date"), the Company and certain of its material domestic subsidiaries (the "Guarantors") entered into a five-year unsecured senior credit facility pursuant to a credit agreement with Bank of America, N.A., as administrative agent (in such capacity, the "Administrative Agent"), swing line lender and L/C issuer, and a syndicate of lenders (the "Credit Agreement"). The Credit Agreement includes a senior delayed draw term loan of up to $400.0 million (the "Term Loan") and a $300.0 million senior revolving line of credit (the "Revolving Facility", together with the Term Loan, the "Credit Facility"). On the Closing Date, $100.0 million of the Term Loan was funded (and was subsequently repaid in March 2018), with the remainder available, at the discretion of the Company, in up to two draws prior to June 5, 2018. The Revolving Facility includes a $25.0 million sublimit for the issuance of standby letters of credit and a $10.0 million sublimit for swing line loans. The Company may request, at its option and at any time, that the Credit Facility be increased by an amount not to exceed $300.0 million, subject to securing additional funding commitments from the existing or new lenders. The Credit Facility is available to finance working capital, capital expenditures and other corporate purposes. The Company’s obligations under the Credit Agreement are jointly and severally guaranteed by the Guarantors. Upon execution of the Credit Agreement, the Company terminated its prior credit agreement, dated as of April 7, 2015, as amended, with Bank of America, N.A., thus terminating and releasing the Company’s obligations and guarantees of certain of its subsidiaries under that agreement. During fiscal 2018, there were no borrowings under the Revolving Facility. The Company had no outstanding amounts under the Credit Facility as of March 31, 2018. At the Company’s option, loans under the Credit Agreement bear interest at (i) the Applicable Rate (as defined in the Credit Agreement) plus the Eurodollar Rate (as defined in the Credit Agreement) or (ii) the Applicable Rate plus a rate equal to the highest of (a) the federal funds rate plus 0.50%, (b) the prime rate of the Administrative Agent, or (c) the Eurodollar Base Rate plus 1.0% (the “Base Rate”). All swingline loans will bear interest at a rate equal to the Applicable Rate plus the Base Rate. The Eurodollar Rate is the rate per annum equal to the reserve adjusted London Interbank Offered Rate (or a comparable or successor rate), for dollar deposits for interest periods of one, two, three, six or twelve months, as selected by the Company. The Applicable Rate for Eurodollar Rate loans ranges from 1.125% per annum to 1.375% per annum. The Applicable Rate for Base Rate loans ranges from 0.125% per annum to 0.375% per annum. Interest for Eurodollar Rate loans will be payable at the end of each applicable interest period or at three-month intervals, if such interest period exceeds three months. Interest for Base Rate loans will be payable quarterly in arrears. The Company will pay a letter of credit fee equal to the Applicable Rate multiplied by the daily amount available to be drawn under any letter of credit, a fronting fee, and any customary documentary and processing charges for any letter of credit issued under the Credit Agreement. Interest paid on the Term Loan during fiscal 2018 was $0.7 million. The Credit Agreement contains various conditions, covenants and representations with which the Company must comply in order to borrow funds and to avoid an event of default, including the following financial covenants that the Company must maintain: (i) a consolidated leverage ratio not to exceed 3.0 to 1.0 as of the end of any fiscal quarter of the Company, provided that in connection with a permitted acquisition in excess of $300.0 million, the Company's maximum consolidated leverage ratio may increase on two occasions during the term of the Credit Facility to 3.5 to 1.0 for four consecutive fiscal quarters, beginning with the fiscal quarter in which such acquisition occurs and (ii) an interest coverage ratio not to be less than 3.0 to 1.0 as of the end of any fiscal quarter of the Company. As of March 31, 2018, the Company was in compliance with these covenants. The Credit Agreement also contains customary events of default. The occurrence of an event of default can result in the exercise of remedies including an increase in the applicable rate of interest by 2.00%, termination of undrawn commitments under the Credit Facility, declaration that all outstanding loans are due and payable and requiring cash collateral deposits in respect of outstanding letters of credit. Outstanding amounts are due in full on the maturity date of December 5, 2022 (with amounts borrowed under the swingline option due in full no later than ten business days after such loan is made), subject to scheduled amortization of the Term Loan principal as set forth in the Credit Agreement prior to the maturity date. Senior Notes On November 19, 2015, the Company completed an offering of $450.0 million aggregate principal amount of its 6.75% senior notes due December 1, 2023 (the “2023 Notes”) and $550.0 million aggregate principal amount of its 7.00% senior notes due December 1, 2025 (the “2025 Notes” and, together with the 2023 Notes, the “Notes”). The Notes were sold in the U.S. to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and outside the U.S. pursuant to Regulation S under the Securities Act. The Notes were issued pursuant to an indenture dated as of November 19, 2015 (the "Indenture") containing customary events of default, including payment default, failure to provide certain notices and certain provisions related to bankruptcy events. The Indenture also contains customary negative covenants. On September 19, 2016, the Company completed an exchange offer, in which all of the 2023 Notes and substantially all of the 2025 Notes were exchanged for new notes that have been registered under the Securities Act. At any time prior to December 1, 2018, the Company may redeem all or part of the 2023 Notes, at a redemption price equal to their principal amount, plus a “make whole” premium as of the redemption date, and accrued and unpaid interest. In addition, at any time prior to December 1, 2018, the Company may redeem up to 35% of the original aggregate principal amount of the 2023 Notes with the proceeds of one or more equity offerings, at a redemption price equal to 106.75%, plus accrued and unpaid interest. Furthermore, at any time on or after December 1, 2018, the Company may redeem the 2023 Notes, in whole or in part, at once or over time, at the specified redemption prices set forth in the Indenture plus accrued and unpaid interest thereon to the redemption date (subject to the rights of holders of record on the relevant record date to receive interest due on the relevant interest payment date). In March 2018, the Company repurchased $5.5 million of the 2023 Notes at a redemption price of 107.50% plus accrued and unpaid interest. At any time prior to December 1, 2020, the Company may redeem all or part of the 2025 Notes, at a redemption price equal to their principal amount, plus a “make whole” premium as of the redemption date, and accrued and unpaid interest. In addition, at any time prior to December 1, 2018, the Company may redeem up to 35% of the original aggregate principal amount of the 2025 Notes with the proceeds of one or more equity offerings, at a redemption price equal to 107.00%, plus accrued and unpaid interest. Furthermore, at any time on or after December 1, 2020, the Company may redeem the 2025 Notes, in whole or in part, at once or over time, at the specified redemption prices set forth in the Indenture plus accrued and unpaid interest thereon to the redemption date (subject to the rights of holders of record on the relevant record date to receive interest due on the relevant interest payment date). In March 2018, the Company repurchased $1.5 million of the 2025 Notes at a redemption price of 109.50% plus accrued and unpaid interest. Interest is payable on June 1 and December 1 of each year on the 2023 Notes at a rate of 6.75% per annum and on the 2025 Notes at a rate of 7.00% per annum. Interest paid on the Notes during fiscal 2018 and fiscal 2017 was $68.9 million and $71.2 million, respectively. The 2023 Notes and the 2025 Notes are traded over the counter, and their fair values as of March 31, 2018 of $474.5 million and $596.5 million, respectively (compared to carrying values of $444.5 million and $548.5 million, respectively) were estimated based upon the values of their last trade at the end of the period. The fair values of the 2023 Notes and the 2025 Notes were $489.4 million and $607.8 million, respectively (compared to carrying values of $450.0 million and $550.0 million, respectively), as of April 1, 2017. Interest Expense During fiscal 2018, the Company recognized $70.5 million of interest expense related to the Notes and the Term Loan, which was offset by $13.6 million of interest capitalized to property and equipment. During fiscal 2017 and fiscal 2016, the Company recognized $69.9 million and $25.8 million, respectively, of interest expense related to the Notes, which was partially offset by $13.6 million and $5.2 million, respectively, of interest capitalized to property and equipment. |
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- References No definition available.
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- Definition The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Retirement Benefit Plans |
12 Months Ended |
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Mar. 31, 2018 | |
Retirement Benefits [Abstract] | |
RETIREMENT BENEFIT PLANS | RETIREMENT BENEFIT PLANS Defined Contribution Plans The Company offers tax-beneficial retirement contribution plans to eligible employees in the U.S. and certain other countries. Eligible employees in certain countries outside of the U.S. are eligible to participate in stakeholder or national pension plans with differing eligibility and contributory requirements based on local and national regulations. U.S. employees are eligible to participate in the Company's fully qualified 401(k) plan 30 days after their date of hire. An employee may invest pretax earnings in the 401(k) plan up to the maximum legal limits (as defined by Federal regulations). Employer contributions to the 401(k) plan are made at the discretion of the Company’s Board of Directors. Employees are immediately vested in their own contributions as well as employer matching contributions. In total, the Company contributed $14.0 million, $11.5 million and $11.7 million to its domestic and foreign defined contribution plans during fiscal years 2018, 2017 and 2016, respectively. Defined Benefit Pension Plans The Company maintains two qualified defined benefit pension plans for its subsidiaries located in Germany. One of the plans is funded through a self-paid reinsurance program with $4.0 million and $3.3 million of assets valued as of March 31, 2018 and April 1, 2017, respectively. Assets of the funded plan are included in "Other non-current assets" in the Consolidated Balance Sheets. The net periodic benefit obligations of both plans were $12.7 million and $11.4 million as of March 31, 2018 and April 1, 2017, respectively, which is included in “Accrued liabilities” and “Other long-term liabilities” in the Consolidated Balance Sheets. The assumptions used in calculating the benefit obligations for the plans are dependent on the local economic conditions and were measured as of March 31, 2018 and April 1, 2017. The net periodic benefit costs were approximately $0.7 million, $0.6 million and $0.8 million for fiscal years 2018, 2017 and 2016, respectively. Non-Qualified Deferred Compensation Plan Certain employees and members of the Board of Directors are eligible to participate in the Company's Non-Qualified Deferred Compensation Plan ("NQDC Plan"). The NQDC Plan provides eligible participants the opportunity to defer and invest a specified percentage of their cash compensation. The NQDC Plan is a non-qualified plan that is maintained in a rabbi trust. The amount of compensation to be deferred by each participant is based on their own elections and is adjusted for any investment changes that the participant directs. The deferred compensation obligation and the fair value of the investments held in the rabbi trust were $14.3 million and $10.2 million as of March 31, 2018 and April 1, 2017, respectively. The current portion of the deferred compensation obligation and fair value of the assets held in the rabbi trust were $1.0 million and $0.7 million as of March 31, 2018 and April 1, 2017, respectively, and are included in "Other current assets" and "Accrued liabilities" in the Consolidated Balance Sheets. The non-current portion of the deferred compensation obligation and fair value of the assets held in the rabbi trust were $13.3 million and $9.5 million as of March 31, 2018 and April 1, 2017, respectively, and are included in "Other non-current assets" and "Other long-term liabilities" in the Consolidated Balance Sheets. |
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- References No definition available.
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- Definition The entire disclosure for pension and other postretirement benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Commitments and Contingent Liabilities |
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Commitments and Contingencies Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
COMMITMENTS AND CONTINGENT LIABILITIES | COMMITMENTS AND CONTINGENT LIABILITIES The Company leases certain of its corporate, wafer fabrication and other facilities from multiple third-party real estate developers. The operating leases expire at various dates through 2034, and some of these leases have renewal options, with the longest ranging up to two, ten-year periods. Several of these leases also include market rate rent escalations, rent holidays, and leasehold improvement incentives, all of which are recognized to expense on a straight-line basis. The amortization period of leasehold improvements made either at the inception of the lease or during the lease term is amortized over the lesser of the remaining life of the lease term (including renewals that are reasonably assured) or the useful life of the asset. The Company also leases various machinery and equipment and office equipment under non-cancelable operating leases. The remaining terms of these operating leases range from less than one year to approximately four years. As of March 31, 2018, the total future minimum lease payments related to facility and equipment operating leases was approximately $68.6 million. In the fourth quarter of fiscal 2018, the Company entered into a capital lease for a facility in Beijing, China that will allow the Company to consolidate several leased facilities as well as provide additional manufacturing space. The lease term is expected to commence in fiscal 2020 and therefore is not recorded on the Consolidated Balance Sheet as of March 31, 2018. The initial term of the lease is five years. The lease includes multiple renewal options, and the maximum lease term cannot exceed 30 years. Minimum future lease payments under non-cancelable operating and capital leases as of March 31, 2018, are as follows (in thousands):
Rent expense under operating leases, covering facilities and equipment, was approximately $16.3 million, $14.8 million, and $14.2 million for fiscal years 2018, 2017 and 2016, respectively. Legal Matters The Company accrues a liability for legal contingencies when it believes that it is both probable that a liability has been incurred and that it can reasonably estimate the amount of the loss. The Company reviews these accruals and adjusts them to reflect ongoing negotiations, settlements, rulings, advice of legal counsel and other relevant information. To the extent new information is obtained and the Company's views on the probable outcomes of claims, suits, assessments, investigations or legal proceedings change, changes in the Company's accrued liabilities would be recorded in the period in which such determination is made. The Company is involved in various legal proceedings and claims that have arisen in the ordinary course of its business that have not been fully adjudicated. These actions, when finally concluded and determined, will not, in the opinion of management, have a material adverse effect upon the Company’s consolidated financial position or results of operations. |
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- References No definition available.
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- Definition The entire disclosure for commitments and contingencies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Restructuring |
12 Months Ended |
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Mar. 31, 2018 | |
Restructuring and Related Activities [Abstract] | |
RESTRUCTURING | RESTRUCTURING During fiscal 2018, the Company recorded approximately $67.7 million of restructuring expenses in "Other operating expense" in the Consolidated Statements of Operations, related to actions initiated in fiscal 2018 to improve operating efficiencies and actions initiated in fiscal 2015 as a result of the Business Combination. During fiscal 2018, the Company initiated restructuring actions to improve operating efficiencies, and, as a result of these actions, recorded approximately $18.3 million of employee termination benefits. As a result of this restructuring plan, in the fourth quarter of fiscal 2018, the Company also adjusted the carrying value of certain of its held for sale assets located in China and the U.S. to fair market value (resulting in impairment charges totaling approximately $46.3 million, pursuant to ASC 360). The fair value of the assets is based on quotes from third parties. The Company expects to record approximately $0.9 million of additional restructuring charges in fiscal 2019 primarily associated with employee termination benefits. During fiscal years 2018, 2017 and 2016, the Company recorded restructuring expenses (including employee termination benefits, stock-based compensation and ongoing expenses related to exited leased facilities) of approximately $2.7 million, $2.1 million and $10.2 million, respectively, primarily as a result of the Business Combination. See Note 6 for further information on the Business Combination. As of March 31, 2018 and April 1, 2017, restructuring obligations relating to employee termination benefits totaled $6.1 million and $1.6 million, respectively, and are included in “Accrued liabilities” in the Consolidated Balance Sheets. As of March 31, 2018 and April 1, 2017, restructuring obligations relating to lease obligations totaled $2.6 million and $2.1 million, respectively, and are included in "Accrued liabilities" and "Other long-term liabilities" in the Consolidated Balance Sheets. |
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- References No definition available.
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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Income Taxes |
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Income Tax Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
INCOME TAXES | INCOME TAXES On December 22, 2017, the Tax Act was signed into law in the U.S. The Tax Act significantly revises the future ongoing U.S. corporate income tax by, among other things, lowering U.S. corporate income tax rates, providing full expensing for investments in new and used qualified property made after September 27, 2017, and implementing a territorial tax system. Due to the timing of the Company's fiscal year, the lower corporate income tax rate will be phased in, resulting in a U.S. statutory federal rate of approximately 31.5% for our fiscal year ended March 31, 2018, and 21% for subsequent fiscal years. The Tax Act implements a territorial tax system that eliminates U.S. federal income taxes on dividends from 10% owned foreign subsidiaries, but limits the ability to credit certain foreign taxes that existed prior to enactment of the Tax Act. In connection with the transition to the new territorial tax system, a one-time transition tax on certain unrepatriated earnings of foreign subsidiaries is being imposed (the “Transitional Repatriation Tax”), which is payable over eight years. In addition, the Tax Act includes two new U.S. tax base erosion provisions, the Global Intangible Low-Taxed Income ("GILTI") provisions and the Base-Erosion and Anti-Abuse Tax (“BEAT”) provisions, which become effective for the Company in fiscal 2019. The SEC issued Staff Accounting Bulletin No. 118 (“SAB 118”) to address the appropriate accounting treatment when a registrant does not have the necessary information available, prepared, or analyzed (including computations) in reasonable detail to complete the accounting for certain income tax effects of the Tax Act. SAB 118 allows for a measurement period of up to one year after the enactment date of the Tax Act to finalize the recording of the related tax impacts. In the interim periods, provisional amounts are to be recorded where the income tax effect can be reasonably estimated. The Company’s accounting for the Tax Act is incomplete, but the Company has recorded the provisional estimates discussed below and will finalize and record any resulting adjustments within the one-year measurement period. The final transitional impacts of the Tax Act may differ from the below provisional estimates, possibly materially, due to, among other things: legislation by states with respect to the Tax Act; evolving technical interpretations of the Tax Act; legislative action to address questions that arise because of the Tax Act; clarification of the application of accounting standards for income taxes or related interpretations in response to the Tax Act; or updates or changes to provisional amounts the Company has utilized to calculate the transitional impacts, including impacts from changes to current year earnings and tax liabilities, deferred tax assets and liabilities, earnings and profits at foreign subsidiaries, tax pools at foreign subsidiaries, foreign tax credits and foreign exchange rates. The impact of the Tax Act resulted in a provisional tax expense of $77.3 million in fiscal 2018. This was comprised of a provisional Transitional Repatriation Tax expense of $116.4 million, offset by a provisional deferred tax benefit of $39.1 million from the remeasurement of U.S. deferred tax assets and liabilities. Both the tax charge and the tax benefit represent provisional amounts and the Company’s current best estimates. The Transitional Repatriation Tax is a one-time tax on accumulated and current earnings and profits (“E&P”) of foreign companies with U.S. owners that have not previously been subjected to tax in the U.S. A portion of the E&P is subject to a tax rate of 15.5% and the remainder to 8%. To determine the amount of the Transitional Repatriation Tax, the Company must determine for each foreign company in which it has a direct or indirect ownership interest, among other factors, the amount of post-1986 E&P of its foreign subsidiaries, as well as the amount of non-U.S. income taxes paid on such earnings. The Company was able to make a reasonable estimate of the Transitional Repatriation Tax on its wholly owned foreign subsidiaries and has recorded a provisional Transitional Repatriation Tax expense of $116.4 million as a component of its current income tax provision. No reasonable estimate has been made with respect to direct and indirect investments in other foreign companies. The Company is continuing to gather and analyze additional information and guidance to complete the accounting with respect to its calculation of E&P, non-U.S. income taxes paid, and the portion taxable at the 15.5% tax rate. The Tax Act allows the tax liability arising from the Transitional Repatriation Tax to be paid on an installment basis over eight years, resulting in a provisional increase in the long-term tax liability account included in "Other long-term liabilities" in the Company's Consolidated Balance Sheets. The deferred tax assets and liabilities of the Company are impacted by the Tax Act. The reduction in the U.S. federal corporate tax rate from 35% to 21% for tax years beginning after December 31, 2017, requires the Company to remeasure its deferred tax assets and liabilities. The Company has evaluated this change and recorded a decrease to net deferred tax liabilities with a corresponding increase to deferred tax benefit of $39.1 million. In addition, the full expensing of investments in qualified property after September 27, 2017, impacts the calculation of deferred tax balances. The provisional amount for full expensing requires further analysis to determine which fixed assets placed in service after September 27, 2017, meet the qualification requirements. The Company is still in the process of evaluating the state tax impact on deferred tax balances, including valuation allowances, from the full expensing provision and other provisions of the Tax Act. GILTI creates a new requirement that certain income earned by foreign subsidiaries must be currently included in the gross income of the U.S. stockholder. Due to the complexity of the new GILTI tax rules, the Company continues to evaluate this provision of the Tax Act and the application of ASC 740, "Income Taxes." Under U.S. GAAP, the Company is allowed to make an accounting policy choice of either: (1) treating taxes due on future U.S. inclusions in taxable income related to GILTI as a current-period expense when incurred (the “period cost method”) or (2) factoring such amounts into the Company's measurement of its deferred taxes (the “deferred method”). The Company has not yet completed its analysis of the GILTI tax rules and is not yet able to reasonably estimate the effect of this provision or make the accounting policy election. As a result, the Company has not made any provisional adjustments related to potential GILTI tax in its financial statements and has not made a policy decision regarding whether to record deferred taxes for GILTI. Beginning in calendar year 2018, the Tax Act provides a 100% deduction for dividends received from 10-percent owned foreign corporations by U.S. corporate stockholders, subject to a one-year holding period. Although dividend income is now exempt from U.S. federal tax in the hands of the U.S. corporate stockholders, companies must still apply the guidance of ASC 740-30-25-18 to account for the tax consequences of outside basis differences and other tax impacts of their investments in non-U.S. subsidiaries. While the Company has accrued the Transitional Repatriation Tax on the deemed repatriated earnings that were previously indefinitely reinvested, it currently intends to only repatriate amounts where no additional withholding taxes will be imposed on a distribution. The Company has determined that Singapore does not impose a withholding tax on dividends and no longer takes the position that earnings are permanently reinvested for our operating subsidiary in Singapore. With respect to its other foreign subsidiaries, the Company continues to account for them as permanently reinvested while it continues to evaluate the impacts of the Tax Act on its operations in accordance with guidance issued under SAB 118. Income (loss) before income taxes consists of the following components (in thousands):
The components of the income tax provision are as follows (in thousands):
(1) In fiscal 2016, the state deferred tax expense included a $31.0 million income tax expense related to an increase in the valuation allowance for the deferred tax asset related to state net operating losses and tax credits. A reconciliation of the provision for income taxes to income tax expense computed by applying the statutory federal income tax rate to pre-tax income (loss) for fiscal years 2018, 2017 and 2016 is as follows (dollars in thousands):
Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the basis used for income tax purposes. The deferred income tax assets and liabilities are measured in each taxing jurisdiction using the enacted tax rates and laws that will be in effect when the differences are expected to reverse. Significant components of the Company’s net deferred income taxes are as follows (in thousands):
The Company has recorded a $42.8 million and a $33.1 million valuation allowance against the U.S. deferred tax assets and deferred tax assets at foreign subsidiaries as of March 31, 2018, and April 1, 2017, respectively. These valuation allowances were established based upon management's opinion that it is more likely than not (a likelihood of more than 50 percent) that the benefit of these deferred tax assets may not be realized. Realization is dependent upon generating future income in the taxing jurisdictions in which the operating loss carryovers, credit carryovers, depreciable tax basis and other tax deferred assets exist. Management reevaluates the ability to realize the benefit of the deferred tax assets of the Company on a quarterly basis. The valuation allowance against deferred tax assets increased by $9.7 million in fiscal 2018. The increase was comprised of a $6.8 million increase resulting from tax rate changes, primarily the federal rate changes enacted in the Tax Act, a $1.9 million increase in the state deferred tax for net operating losses and tax credits, a $1.0 million increase for deferred tax assets for net operating losses at other foreign subsidiaries and a $0.5 million increase in the valuation allowance for state tax credits due to the adoption of ASU 2016-09. It was partially offset by a $0.5 million decrease in valuation allowance for federal deferred tax assets for foreign tax credits. At the end of fiscal 2018, a $2.0 million valuation allowance remained against deferred tax assets at other foreign subsidiaries and a $40.8 million valuation allowance remained against domestic deferred tax assets as management has determined it is more likely than not that the related deferred tax assets will not be realized. The valuation allowance against deferred tax assets decreased by $1.6 million in fiscal 2017. The decrease was comprised of a $5.2 million decrease in the valuation allowance for foreign deferred tax assets primarily resulting from the removal of the valuation allowance at a China manufacturing subsidiary as management has determined it is more likely than not that the related deferred tax assets will be realized. The decrease was offset by a $2.8 million increase in the valuation allowance for federal deferred tax assets for foreign tax credits and state deferred tax assets for net operating losses and tax credits, as well as a $0.8 million increase for deferred tax assets for net operating losses at other foreign subsidiaries. At the end of fiscal 2017, a $0.8 million valuation allowance remained against deferred tax assets at other foreign subsidiaries and a $32.3 million valuation allowance remained against domestic deferred tax assets as management determined it was more likely than not that the related deferred tax assets would not be realized. During fiscal 2017, the Company's China manufacturing subsidiary, which operates as a cost plus manufacturer for another Qorvo subsidiary, exited its start-up operational phase and generated sufficient income to substantially offset the losses earned in prior years. The balance of the cumulative pre-tax book loss was expected to be offset by income in the first half of fiscal 2018 as production at the assembly and test facility continued to increase as the Company reduced its dependence on outside assembly and test subcontractors. After evaluating the positive and negative evidence, management determined that it was more likely than not that the deferred tax assets of this China manufacturing subsidiary would be realized and a valuation allowance would not be provided as of the end of fiscal 2017. The valuation allowance against deferred tax assets increased by $20.9 million in fiscal 2016. The increase was comprised of a $20.2 million increase in the valuation allowance for state deferred tax assets for net operating losses and tax credits, a $5.0 million increase in the valuation allowance for foreign net operating loss deferred tax assets, and a $4.3 million decrease in the valuation allowance related to a deferred tax asset recorded in the initial purchase price accounting for the Business Combination. The Business Combination adjustment related to a deferred tax asset which was recorded during fiscal 2015 in the initial purchase price accounting with a full valuation allowance, but which deferred tax asset was determined in fiscal 2016 to not exist as of the acquisition date. Accordingly, in fiscal 2016, that deferred tax asset was removed along with the offsetting deferred tax asset valuation allowance. At the end of fiscal 2016, a $5.2 million valuation allowance remained against foreign deferred tax assets and a $29.5 million valuation allowance remained against domestic deferred tax assets as management determined it was more likely than not that the related deferred tax assets would not be realized, effectively increasing the domestic net deferred tax liabilities. During fiscal 2016, North Carolina enacted legislation to reduce the corporate income tax rate from 5% to 4% and phase-in over a three-year period a move to a single sales factor apportionment methodology. In addition, the Company underwent operational changes to leverage existing resources and capabilities of its Singapore subsidiary and consolidate operations and responsibilities associated with its foreign back-end manufacturing operations and foreign customers in that Singapore subsidiary. Together these changes resulted in a significant decrease in the amount of future taxable income expected to be allocated to North Carolina and other states in which the net operating loss and tax credit carryovers existed. As a result, it was no longer more likely than not that the deferred tax assets related to those state net operating loss and tax credit carryovers for which a valuation allowance was being provided will be used before they expire. The deferred tax asset for foreign net operating losses primarily related to the China subsidiary which owns the internal assembly and test facility that became operational during fiscal 2016 and had incurred losses since inception. As of March 31, 2018, the Company had federal loss carryovers of approximately $305.0 million that expire in fiscal years 2020 to 2038 if unused and state losses of approximately $147.3 million that expire in fiscal years 2019 to 2038 if unused. Federal research credits of $54.9 million, and state credits of $58.7 million may expire in fiscal years 2019 to 2038 and 2019 to 2033, respectively. Foreign losses in the Netherlands of approximately $7.8 million expire in fiscal years 2019 to 2027. Included in the amounts above are certain net operating losses and other tax attribute assets acquired in conjunction with acquisitions in the current and prior years. The utilization of acquired domestic assets is subject to certain annual limitations as required under Section 382 of the Internal Revenue Code of 1986, as amended (the "Code") and similar state income tax provisions. The Company has continued to expand its operations and increase its investments in numerous international jurisdictions. These activities expose the Company to taxation in multiple foreign jurisdictions. It is management's opinion that current and future undistributed foreign earnings will be permanently reinvested, except for the earnings of Qorvo International Pte. Ltd., our operating subsidiary in Singapore. No provision for U.S. federal, state income taxes and foreign local withholding taxes has been made with respect to any of the other foreign subsidiaries. It is not practical to estimate the additional tax that would be incurred, if any, if the permanently reinvested earnings were repatriated. The Company has foreign subsidiaries with tax holiday agreements in Costa Rica and Singapore. These tax holiday agreements have varying rates and expire in March 2024 and December 2021, respectively. In February 2017, Singapore enacted legislation that will exclude from the Company's existing Development and Expansion Incentive grant the benefit of the reduced tax rate for intellectual property income earned after June 30, 2021. Incentives from these countries are subject to the Company meeting certain employment and investment requirements. Income tax expense decreased by $7.9 million (approximately $0.06 per basic and diluted share impact) in fiscal 2018 and $2.7 million (approximately $0.02 per basic and diluted share impact) in fiscal 2017 as a result of these agreements. The Company’s gross unrecognized tax benefits totaled $122.8 million as of March 31, 2018, $90.6 million as of April 1, 2017, and $69.1 million as of April 2, 2016. Of these amounts, $118.7 million (net of federal benefit of state taxes), $84.4 million (net of federal benefit of state taxes) and $64.2 million (net of federal benefit of state taxes) as of March 31, 2018, April 1, 2017, and April 2, 2016, respectively, represent the amounts of unrecognized tax benefits that, if recognized, would impact the effective tax rate in each of the fiscal years. A reconciliation of fiscal 2016 through fiscal 2018 beginning and ending amount of gross unrecognized tax benefits is as follows (in thousands):
It is the Company’s policy to recognize interest and penalties related to uncertain tax positions as a component of income tax expense. During fiscal years 2018, 2017 and 2016, the Company recognized $(2.5) million, $2.1 million and $1.6 million, respectively, of interest and penalties related to uncertain tax positions. Accrued interest and penalties related to unrecognized tax benefits totaled $4.6 million, $7.1 million and $5.0 million as of March 31, 2018, April 1, 2017, and April 2, 2016, respectively. The unrecognized tax benefits of $122.8 million and accrued interest and penalties of $4.6 million at the end of fiscal 2018 are recorded on the Consolidated Balance Sheet as an $18.3 million long-term liability, with the balance reducing the carrying value of the gross deferred tax assets. Within the next 12 months, the Company believes it is reasonably possible that only a minimal amount of gross unrecognized tax benefits will be reduced as a result of reductions for tax positions taken in prior years where the only uncertainty was related to the timing of the tax deduction. Income taxes payable of $60.0 million and $31.7 million as of March 31, 2018, and April 1, 2017, respectively, are included in "Other current liabilities" in the Consolidated Balance Sheets. Long term income taxes payable of $24.2 million as of March 31, 2018, are included in "Other long-term liabilities" in the Consolidated Balance Sheets. RFMD's fiscal 2015 and TriQuint's calendar 2014 federal, North Carolina, and California tax returns and subsequent tax years remain open for examination. The federal tax return for the short period ended January 1, 2015 for RFMD is currently under examination by the Internal Revenue Service, and the Singapore tax return for calendar year 2012 is currently under examination by the Singapore tax authorities. An examination by taxing authorities of the Company's China subsidiary in Beijing of its calendar year 2013 through 2015 tax returns was completed in fiscal 2018 with minimal adjustments and returns for subsequent tax years remain open for examination. An examination by the German taxing authorities of the returns for calendar years 2013 through 2015 was completed during fiscal 2017 with minimal adjustments and returns for subsequent tax years remain open for examination. Tax attributes (including net operating loss and credit carryovers) arising in earlier fiscal years remain open to adjustment. |
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- Definition The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Net Loss Per Share |
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NET INCOME (LOSS) PER SHARE | NET LOSS PER SHARE The following table sets forth the computation of basic and diluted net loss per share (in thousands, except per share data):
In the computation of diluted net loss per share for fiscal years 2018, 2017 and 2016, approximately 3.7 million shares, 4.8 million shares and 5.0 million shares, respectively, were excluded because the effect of their inclusion would have been anti-dilutive. |
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- Definition The entire disclosure for earnings per share. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Stock-Based Compensation |
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Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
STOCK-BASED COMPENSATION | STOCK-BASED COMPENSATION Summary of Stock Option Plans 2003 Stock Incentive Plan - RF Micro Devices, Inc. The 2003 Stock Incentive Plan (the "2003 Plan") was approved by the Company's stockholders on July 22, 2003, and the Company was permitted to grant stock options and other types of equity incentive awards, such as stock appreciation rights, restricted stock awards, performance shares and performance units, under the 2003 Plan. No further awards can be granted under this plan. 2006 Directors’ Stock Option Plan - RF Micro Devices, Inc. At the Company’s 2006 annual meeting of stockholders, stockholders of the Company adopted the 2006 Directors’ Stock Option Plan, which replaced the Non-Employee Directors’ Stock Option Plan and reserved an additional 0.3 million shares of common stock for issuance to non-employee directors. Under the terms of this plan, non-employee directors were entitled to receive options to acquire shares of common stock. No further awards can be granted under this plan. 1996 Stock Incentive Program - TriQuint Semiconductor, Inc. Effective upon the closing of the Business Combination, the Company assumed the TriQuint, Inc. 1996 Stock Incentive Program (the “TriQuint 1996 Stock Incentive Program”), originally adopted by TriQuint. The TriQuint 1996 Stock Incentive Program provided for the grant of incentive and non-qualified stock options to officers, outside directors and other employees of TriQuint or any parent or subsidiary. The TriQuint 1996 Stock Incentive Program was amended in 2002 to provide that options granted thereunder must have an exercise price per share no less than 100% of the fair market value of the share price on the grant date. In 2005, the TriQuint 1996 Stock Incentive Program was further amended to extend the term of the program to 2015 and permit the award of restricted stock, restricted stock units, stock appreciation rights, performance shares and performance units in addition to the grant of stock options. In addition, the amendment provided specific performance criteria that the plan administrator may use to establish performance objectives. The terms of each grant under the TriQuint 1996 Stock Incentive Program could not exceed ten years. No further awards can be granted under this program. 2008 Inducement Award Plan- TriQuint Semiconductor, Inc. Effective upon the closing of the Business Combination, the Company assumed the sponsorship of the TriQuint, Inc. 2008 Inducement Award Plan (the “TriQuint 2008 Inducement Award Plan”), originally adopted by TriQuint. The TriQuint 2008 Inducement Award Plan provided for the grant of nonstatutory stock options, restricted stock, restricted stock units, stock appreciation rights and other stock or cash awards to employees of TriQuint or any parent or subsidiary. The options granted thereunder were required to have an exercise price per share no less than 100% of the fair market value per share on the date of grant. The terms of each grant under the plan could not exceed ten years. No further awards can be granted under this plan. 2009 and 2012 Incentive Plans - TriQuint Semiconductor, Inc. Effective upon the closing of the Business Combination, the Company assumed the TriQuint, Inc. 2009 Incentive Plan and TriQuint, Inc. 2012 Incentive Plan (the “TriQuint Incentive Plans”), originally adopted by TriQuint. The TriQuint Incentive Plans provided for the grant of stock options, restricted stock units, stock appreciation rights and other stock or cash awards to employees, officers, directors, consultants, agents, advisors and independent contractors of TriQuint and its subsidiaries and affiliates. The options granted thereunder were required to have an exercise price per share no less than 100% of the fair market value per share on the date of grant. The terms of each grant under the TriQuint Incentive Plans could not exceed ten years. No further awards can be granted under these plans. 2012 Stock Incentive Plan - Qorvo, Inc. The Company currently grants stock options and restricted stock units to employees and directors under the 2012 Stock Incentive Plan (the "2012 Plan"), which was approved by the Company's stockholders on August 16, 2012, assumed by the Company in connection with the Business Combination and reapproved by the Company's stockholders on August 8, 2017 for purposes of Section 162(m) of the Code. Under the 2012 Plan, the Company is permitted to grant stock options and other types of equity incentive awards, such as stock appreciation rights, restricted stock awards, performance shares and performance units. The maximum number of shares issuable under the 2012 Plan may not exceed the sum of (a) 4.3 million shares, plus (b) any shares of common stock (i) remaining available for issuance as of the effective date of the 2012 Plan under the Company's prior plans and (ii) subject to an award granted under a prior plan, which awards are forfeited, canceled, terminated, expire or lapse for any reason. As of March 31, 2018, 3.6 million shares were available for issuance under the 2012 Plan. The aggregate number of shares subject to performance-based restricted stock units awarded for fiscal 2018 under the 2012 Plan was 0.2 million shares. 2013 Incentive Plan - Qorvo, Inc. Effective upon the closing of the Business Combination, the Company assumed the TriQuint, Inc. 2013 Incentive Plan (the “2013 Incentive Plan”), originally adopted by TriQuint, allowing Qorvo to issue awards under this plan. The 2013 Incentive Plan replaces the TriQuint 2012 Incentive Plan and provides for the grant of stock options, restricted stock units, stock appreciation rights and other stock or cash awards to employees, officers, directors, consultants, agents, advisors and independent contractors of TriQuint and its subsidiaries and affiliates who were such prior to the Business Combination or who become employed by the Company or its affiliates after the closing of the Business Combination. Former employees, officers and directors of RFMD are not eligible for awards under the 2013 Incentive Plan. The options granted thereunder must have an exercise price per share no less than 100% of the fair market value per share on the date of grant. The terms of each grant under the 2013 Incentive Plan may not exceed ten years. As of March 31, 2018, 2.4 million shares were available for issuance under the 2013 Incentive Plan. 2015 Inducement Stock Plan - Qorvo, Inc. The 2015 Inducement Stock Plan (the "2015 Inducement Plan") provides for the grant of equity awards to persons as a material inducement to become employees of the Company or its affiliates. The plan provides for the grant of stock options, restricted stock units, stock appreciation rights and other stock-based awards. The maximum number of shares issuable under the 2015 Inducement Plan may not exceed the sum of (a) 0.3 million shares, plus (b) any shares of common stock (i) remaining available for issuance as of the effective date of the 2015 Inducement Stock Plan under the TriQuint 2008 Inducement Award Plan and (ii) subject to an award granted under the TriQuint 2008 Inducement Award Plan, which awards are forfeited, canceled, terminated, expire or lapse for any reason. No awards were made under the 2015 Inducement Plan in fiscal years 2018, 2017 or 2016. As of March 31, 2018, 0.3 million shares were available for issuance under the 2015 Inducement Plan. Employee Stock Purchase Plan - Qorvo, Inc. Effective upon closing of the Business Combination, the Company assumed the TriQuint Employee Stock Purchase Plan ("ESPP"), which is intended to qualify as an “employee stock purchase plan” under Section 423 of the Code. All regular full-time employees of the Company (including officers) and all other employees who meet the eligibility requirements of the plan may participate in the ESPP. The ESPP provides eligible employees an opportunity to acquire the Company’s common stock at 85.0% of the lower of the closing price per share of the Company’s common stock on the first or last day of each six-month purchase period. At March 31, 2018, 4.6 million shares were available for future issuance under this plan. The Company makes no cash contributions to the ESPP, but bears the expenses of its administration. The Company issued 0.5 million, 0.7 million and 0.4 million shares under the ESPP in fiscal years 2018, 2017 and 2016, respectively. For fiscal years 2018, 2017 and 2016, the primary stock-based awards and their general terms and conditions are as follows: Stock options are granted to employees with an exercise price equal to the market price of the Company’s stock at the date of grant, generally vest over a four-year period from the grant date, and generally expire 10 years from the grant date. Restricted stock units granted by the Company in fiscal years 2018, 2017 and 2016 are either service-based, performance and service-based, or based on total stockholder return. Service-based restricted stock units generally vest over a four-year period from the grant date. Performance and service-based restricted stock units are earned based on Company performance of stated metrics during the fiscal year and, if earned, generally vest one-half when earned and the balance over two years. Restricted stock units based on total stockholder return are earned based upon total stockholder return of the Company in comparison to the total stockholder return of a benchmark index and can be earned over one-, two- and three-year performance periods. In fiscal 2018, each non-employee director was eligible to receive an annual grant of restricted stock units. The options and restricted stock units granted to certain officers of the Company generally will, in the event of the officer's termination other than for cause and subject to the officer executing certain agreements in favor of the Company, continue to vest pursuant to the same vesting schedule as if the officer had remained an employee of the Company and, as a result, these awards are expensed at grant date. In fiscal 2018, stock-based compensation of $20.5 million was recognized upon the grant of 0.3 million restricted share units to certain officers of the Company. Stock-Based Compensation Under ASC 718, stock-based compensation cost is measured at the grant date, based on the estimated fair value of the award using an option pricing model for stock options (Black-Scholes) and market price for restricted stock units, and is recognized as expense over the employee's requisite service period. ASC 718 covers a wide range of stock-based compensation arrangements including stock options, restricted share plans, performance-based awards, share appreciation rights and employee stock purchase plans. Total pre-tax stock-based compensation expense recognized in the Consolidated Statements of Operations was $68.2 million for fiscal 2018, net of expense capitalized into inventory. For fiscal years 2017 and 2016, the total pre-tax stock-based compensation expense recognized was $88.8 million and $139.5 million, respectively, net of expense capitalized into inventory. A summary of activity of the Company’s director and employee stock option plans follows:
The aggregate intrinsic value in the table above represents the total pre-tax intrinsic value, based upon the Company’s closing stock price of $70.45 as of March 29, 2018 (the last business day prior to the fiscal year end on March 31, 2018), that would have been received by the option holders had all option holders with in-the-money options exercised their options as of that date. As of March 31, 2018, total remaining unearned compensation cost related to unvested option awards was $0.3 million, which will be amortized over the weighted-average remaining service period of approximately 0.5 years. The fair value of each option award is estimated on the date of grant using a Black-Scholes option-pricing model based on the assumptions noted in the following tables:
The total intrinsic value of options exercised during fiscal 2018, was $87.8 million. For fiscal years 2017 and 2016, the total intrinsic value of options exercised was $81.0 million and $74.9 million, respectively. Cash received from the exercise of stock options and from participation in the employee stock purchase plan (excluding accrued unremitted employee funds) was approximately $57.5 million for fiscal 2018 and is reflected in cash flows from financing activities in the Consolidated Statements of Cash Flows. The Company settles employee stock options with newly issued shares of the Company's common stock. The Company used the implied volatility of market-traded options on the Company’s common stock for the expected volatility assumption input to the Black-Scholes option-pricing model, consistent with the guidance in ASC 718. The selection of implied volatility data to estimate expected volatility was based upon the availability of actively-traded options on the Company’s common stock and the Company’s assessment that implied volatility is more representative of future common stock price trends than historical volatility. The dividend yield assumption is based on the Company’s history and expectation of future dividend payouts and may be subject to change in the future. The Company has never paid a dividend. The expected life of employee stock options represents the weighted-average period that the stock options are expected to remain outstanding. The Company’s method of calculating the expected term of an option assumes that all outstanding options will be exercised at the midpoint of the current date and full contractual term, combined with the average life of all options that have been exercised or canceled. The Company believes that this method provides a better estimate of the future expected life based on analysis of historical exercise behavioral data. The risk-free interest rate assumption is based upon observed interest rates appropriate for the terms of the Company’s employee stock options. ASC 718 requires forfeitures to be estimated at the time of grant and revised, if necessary, in subsequent periods if actual forfeitures differ from those estimates. Based upon historical pre-vesting forfeiture experience, the Company assumed an annualized forfeiture rate of 1.6% for both stock options and restricted stock units. The following activity has occurred with respect to restricted stock unit awards:
As of March 31, 2018, total remaining unearned compensation cost related to unvested restricted stock units was $72.5 million, which will be amortized over the weighted-average remaining service period of approximately 1.2 years. The total fair value of restricted stock units that vested during fiscal 2018 was $73.2 million, based upon the fair market value of the Company’s common stock on the vesting date. For fiscal years 2017 and 2016, the total fair value of restricted stock units that vested was $46.1 million and $60.2 million, respectively. |
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- Definition The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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Stockholders' Equity |
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Equity [Abstract] | |||||||||||||||
SHAREHOLDERS' EQUITY | STOCKHOLDERS’ EQUITY Stock Repurchase On November 5, 2015, the Company announced that its Board of Directors authorized a share repurchase program to repurchase up to $1.0 billion of the Company's outstanding common stock through November 4, 2016. On February 16, 2016, as part of the $1.0 billion share repurchase program, the Company entered into variable maturity accelerated share repurchase ("ASR") agreements (a $250.0 million collared agreement and a $250.0 million uncollared agreement) with Bank of America, N.A. For the upfront payment of $500.0 million, the Company received 3.1 million shares of its common stock under the collared agreement (representing 50% of the shares the Company would have repurchased assuming an average share price of $40.78) and 4.9 million shares of the Company's common stock under the uncollared agreement (representing 80% of the shares the Company would have repurchased assuming an average share price of $40.78). On March 10, 2016, the Company received an additional 2.0 million shares of its common stock under the collared agreement. Final settlements of the ASR agreements were completed during the first quarter of fiscal 2017 with 0.4 million shares received resulting in a total of 10.4 million shares of the Company's common stock repurchased under the ASR agreements. The shares were retired in the periods they were delivered, and the upfront payment was accounted for as a reduction to stockholders' equity in the Consolidated Balance Sheet in the period the payment was made. The Company reflected each ASR as a repurchase of common stock in the period delivered for purposes of calculating earnings per share. On November 3, 2016, the Company announced that its Board of Directors authorized a share repurchase program to repurchase up to $500.0 million of the Company's outstanding stock. Under this program, share repurchases are made in accordance with applicable securities laws on the open market or in privately negotiated transactions. The extent to which the Company repurchases its shares, the number of shares and the timing of any repurchases will depend on general market conditions, regulatory requirements, alternative investment opportunities and other considerations. The program does not require the Company to repurchase a minimum number of shares, does not have a fixed term, and may be modified, suspended or terminated at any time without prior notice. The program included approximately $150.0 million authorized on the $1.0 billion repurchase program that expired November 4, 2016. The Company repurchased 2.9 million shares, 4.1 million shares (inclusive of 0.4 million shares received under the ASR agreement) and 24.3 million shares (inclusive of 10.0 million shares received under the ASR agreement) of its common stock during fiscal years 2018, 2017 and 2016, respectively, at an aggregate cost of $219.9 million, $209.4 million and $1,300.0 million, respectively, in accordance with the share repurchase programs described above. As of March 31, 2018, $162.1 million remains available for future repurchases under our current share repurchase program. Common Stock Reserved For Future Issuance At March 31, 2018, the Company had reserved a total of approximately 15.7 million of its authorized 405.0 million shares of common stock for future issuance as follows (in thousands):
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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Operating Segment and Geographical Information |
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Segment Reporting [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
OPERATING SEGMENT AND GEOGRAPHIC INFORMATION | OPERATING SEGMENT AND GEOGRAPHIC INFORMATION The Company's operating segments as of March 31, 2018 are MP and IDP based on the organizational structure and information reviewed by the Company's Chief Executive Officer, who is the Company's chief operating decision maker ("CODM"), and these segments are managed separately based on the end markets and applications they support. The CODM allocates resources and assesses the performance of each operating segment primarily based on non-GAAP operating income (loss) and non-GAAP operating income (loss) as a percentage of revenue. MP is a leading global supplier of cellular RF and Wi-Fi solutions for a variety of mobile devices, including smartphones, notebook computers, wearables, tablets, and cellular-based applications for the IoT. Mobile device manufacturers and mobile network operators are adopting new technologies to address the growing demand for data-intensive, increasingly cloud-based distributed applications and for mobile devices with smaller form factors, improved signal quality, less heat and longer talk and standby times. New wireless communications standards are being deployed to utilize available spectrum more efficiently. Carrier aggregation is being implemented to support wider bandwidths, increase data rates and improve network performance. These trends increase the complexity of smartphones, require more RF content and place a premium on performance, integration, systems-level expertise, and product and technology portfolio breadth, all of which are MP strengths. MP offers a comprehensive product portfolio of BAW and SAW filters, power amplifiers ("PAs"), low noise amplifiers ("LNAs"), switches, multimode multi-band PAs and transmit modules, RF power management integrated circuits, diversity receive modules, antenna switch modules, antenna tuning and control solutions, modules incorporating PAs and duplexers and modules incorporating switches, PAs and duplexers. IDP is a leading global supplier of RF solutions with a diverse portfolio of solutions that "connect and protect," spanning communications and defense applications. These applications include high performance defense systems such as radar, electronic warfare and communication systems, Wi-Fi customer premises equipment for home and work, high speed connectivity in Long-Term Evolution and 5G base stations, cloud connectivity via data center communications and telecom transport, automotive connectivity and other IoT, including smart home solutions. IDP products include high power GaAs and GaN PAs, LNAs, switches, CMOS SoC solutions, premium BAW and SAW filter solutions and various multi-chip and hybrid assemblies. The “All other” category includes operating expenses such as stock-based compensation, amortization of intangible assets, acquisition and integration related costs, restructuring and disposal costs, start-up costs, (loss) gain on assets and other miscellaneous corporate overhead expenses that the Company does not allocate to its reportable segments because these expenses are not included in the segment operating performance measures evaluated by the Company’s CODM. The CODM does not evaluate operating segments using discrete asset information. The Company’s operating segments do not record intercompany revenue. The Company does not allocate gains and losses from equity investments, interest and other income, or taxes to operating segments. Except as discussed above regarding the “All other” category, the Company’s accounting policies for segment reporting are the same as for the Company as a whole. The following tables present details of the Company’s reportable segments and a reconciliation of the “All other” category (in thousands):
(1) "All other" revenue relates to royalty income that is not allocated to MP or IDP.
As a result of restructuring actions initiated in fiscal 2018, the Company adjusted the carrying value of certain of its held for sale assets located in China and the U.S., and recorded impairment charges totaling approximately $46.3 million. The fair value of the assets is based on quotes from third parties. See Note 11 for further information on the restructuring. The consolidated financial statements include revenue to customers by geographic region that are summarized as follows (in thousands):
Sales, for geographic disclosure purposes, are based on the “sold to” address of the customer. The “sold to” address is not always an accurate representation of the location of final consumption of the Company’s components. Of the Company’s revenue for fiscal 2018, approximately 52% ($1,539.7 million) was from customers in China and 19% ($564.8 million) from customers in Taiwan. Of the Company’s revenue for fiscal years 2017 and 2016, approximately 62% ($1,866.0 million) and 61% ($1,601.0 million), respectively, was from customers in China and 13% ($398.4 million) and 14% ($365.1 million), respectively, was from customers in Taiwan. The consolidated financial statements include the following long-lived tangible asset amounts related to operations of the Company by geographic region (in thousands):
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- References No definition available.
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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Consolidating Financial Information |
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Consolidating Financial Information [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Consolidating Financial Information | CONDENSED CONSOLIDATING FINANCIAL INFORMATION In accordance with the indenture governing the Notes, the Company's obligations under the Notes are fully and unconditionally guaranteed on a joint and several basis by each Guarantor, each of which is 100% owned, directly or indirectly, by Qorvo, Inc. A Guarantor can be released in certain customary circumstances. The following presents the condensed consolidating financial information separately for:
Each entity in the condensed consolidating financial information follows the same accounting policies as described in the consolidated financial statements, except for the use by the Parent Company and guarantor subsidiaries of the equity method of accounting to reflect ownership interests in subsidiaries that are eliminated upon consolidation. The financial information may not necessarily be indicative of the financial position, results of operations, comprehensive (loss) income, and cash flows, had the Parent Company, guarantor or non-guarantor subsidiaries operated as independent entities.
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- Definition Consolidating Financial Information [Abstract] No definition available.
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- Definition Consolidating Financial Information [Text Block] No definition available.
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Quarterly Financial Summary (Unaudited) |
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Quarterly Financial Information Disclosure [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
QUARTERLY FINANCIAL SUMMARY (UNAUDITED) | QUARTERLY FINANCIAL SUMMARY (UNAUDITED):
1. The Company recorded integration related expenses of $1.5 million, $1.8 million, $1.7 million and $1.2 million in the first, second, third and fourth quarters of fiscal 2018, respectively, associated with the Business Combination. The Company recorded integration related expenses of $5.3 million, $5.0 million, $3.9 million and $2.7 million in the first, second, third and fourth quarters of fiscal 2017, respectively, associated with the Business Combination (Note 6). 2. The Company recorded restructuring expenses of $0.5 million, $10.5 million, $15.2 million and $41.5 million in the first, second, third and fourth quarters of fiscal 2018, respectively. The Company recorded restructuring expenses of $0.8 million, $0.5 million, $0.4 million and $0.4 million in the first, second, third and fourth quarters of fiscal 2017, respectively (Note 11). 3. The Company recorded start-up expenses of $6.6 million, $7.2 million, $5.4 million and $5.1 million in the first, second, third and fourth quarters of fiscal 2018, respectively. The Company recorded start-up expenses of $2.1 million, $2.0 million, $2.2 million and $3.4 million in the first, second, third and fourth quarters of fiscal 2017, respectively. 4. Income tax expense of $98.5 million for the third quarter of fiscal 2018 relates primarily to a discrete provisional tax expense related to the enactment of the Tax Act (Note 12). 5. Income tax benefit of $31.2 million for the fourth quarter of fiscal 2018 relates primarily to a discrete provisional benefit for adjustments to a third quarter fiscal 2018 provisional estimate of the impact of the Tax Act (Note 12). 6. Income tax expense of $123.2 million for the third quarter of fiscal 2017 relates primarily to the timing of income and loss recognition in the various tax jurisdictions for the quarter (Note 12). 7. Income tax benefit of $93.2 million for the fourth quarter of fiscal 2017 relates primarily to the timing of income and loss recognition in the various tax jurisdictions for the quarter (Note 12). The Company uses a 52- or 53-week fiscal year ending on the Saturday closest to March 31 of each year. The first fiscal quarter of each year ends on the Saturday closest to June 30, the second fiscal quarter of each year ends on the Saturday closest to September 30 and the third fiscal quarter of each year ends on the Saturday closest to December 31. Each quarter of fiscal 2018 and fiscal 2017 contained a comparable number of weeks (13 weeks). |
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- References No definition available.
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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The Company and Its Significant Accounting Policies (Policies) |
12 Months Ended |
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Mar. 31, 2018 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
Principles of Consolidation and Basis of Presentation | Principles of Consolidation and Basis of Presentation The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All significant intercompany accounts and transactions have been eliminated in consolidation. Certain items in the fiscal years 2017 and 2016 financial statements have been reclassified to conform to the fiscal 2018 presentation, such as restricted cash in accordance with Accounting Standards Update ("ASU") 2016-18. |
Accounting Periods | Accounting Periods The Company uses a 52- or 53-week fiscal year ending on the Saturday closest to March 31 of each year. The most recent three fiscal years ended on March 31, 2018, April 1, 2017, and April 2, 2016. Fiscal years 2018 and 2017 were 52-week years, and fiscal year 2016 was a 53-week year. |
Use of Estimates | Use of Estimates The preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the U.S. requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. The actual results that the Company experiences may differ materially from its estimates. The Company makes estimates for the returns reserve, rebates, allowance for doubtful accounts, inventory valuation including reserves, warranty reserves, income tax valuation, current and deferred income taxes, uncertain tax positions, non-marketable equity investments, other-than-temporary impairments of investments, goodwill, long-lived assets and other financial statement amounts on a regular basis and makes adjustments based on historical experiences and expected future conditions. Accounting estimates require difficult and subjective judgments and actual results may differ from the Company’s estimates. During the first quarter of fiscal 2018, the Company changed its accounting estimate for the expected useful lives of certain machinery and equipment. The Company evaluated its asset base and reassessed the estimated useful lives of certain machinery and equipment in connection with its implementation of several capital projects, including the migration of certain surface acoustic wave ("SAW") processes from 4-inch to 6-inch toolsets and certain bulk acoustic wave ("BAW") processes from 6-inch to 8-inch toolsets. Based on its ability to re-use equipment across generations of process technologies and historical usage trends, the Company determined that the expected useful lives for certain machinery and equipment should be increased by up to three years to reflect more closely the estimated economic lives of those assets. This change in estimate was applied prospectively effective for the first quarter of fiscal 2018 and resulted in a decrease in depreciation expense of $59.7 million for fiscal 2018. This decrease in depreciation expense for fiscal 2018 resulted in the following: (1) an increase in income from operations of $47.4 million; (2) an increase in net income of $44.1 million; (3) an improvement in earnings per share of $0.34; and (4) a reduction in inventory of $12.3 million. |
Cash and Cash Equivalents | Cash and Cash Equivalents Cash and cash equivalents consist of demand deposit accounts, money market funds, and other temporary, highly-liquid investments with original maturities of three months or less when purchased. |
Investments | Investments Investments available-for-sale at March 31, 2018 and April 1, 2017 consisted of auction rate securities ("ARS"). Available-for-sale investments with an original maturity date greater than approximately three months and less than one year are classified as current investments. Available-for-sale investments with an original maturity date exceeding one year are classified as long-term. Available-for-sale securities are carried at fair value with the unrealized gains and losses, net of tax, reported in “Other comprehensive income (loss).” The cost of securities sold is based on the specific identification method and any realized gain or loss is included in “Other (expense) income.” The cost of available-for-sale securities is adjusted for premiums and discounts, with the amortization or accretion of such amounts included as a portion of interest. The Company assesses individual investments for impairment quarterly. Investments are impaired when the fair value is less than the amortized cost. If an investment is impaired, the Company evaluates whether the impairment is other-than-temporary. A debt investment impairment is considered other-than-temporary if (i) the Company intends to sell the security, (ii) it is more likely than not that the Company will be required to sell the security before recovery of the entire amortized cost basis, or (iii) the Company does not expect to recover the entire amortized cost basis of the security (a credit loss). Other-than-temporary declines in the Company's debt securities are recognized as a loss in the statement of operations if due to credit loss; all other losses on debt securities are recorded in “Other comprehensive income (loss).” The previous amortized cost basis less the other-than-temporary impairment becomes the new cost basis and is not adjusted for subsequent recoveries in fair value. |
Inventories | Inventories Inventories are stated at the lower of cost or net realizable value (cost is based on standard cost, which approximates actual average cost). The Company’s business is subject to the risk of technological and design changes. The Company evaluates inventory levels quarterly against sales forecasts on a product family basis to evaluate its overall inventory risk. Reserves are adjusted to reflect inventory values in excess of forecasted sales and management's analysis and assessment of overall inventory risk. In the event the Company sells inventory that had been covered by a specific inventory reserve, the sale is recorded at the actual selling price and the related cost of goods sold is recorded at the full inventory cost, net of the reserve. Abnormal production levels are charged to the income statement in the period incurred rather than as a portion of inventory cost. |
Product Warranty | Product Warranty The Company generally sells products with a limited warranty on product quality. The Company accrues for known warranty issues if a loss is probable and can be reasonably estimated, and accrues for estimated incurred but unidentified issues based on historical activity. The accrual and the related expense for known product warranty issues were not significant during the periods presented. Due to product testing and the short time typically between product shipment and the detection and correction of product failures and the historical rate of losses, the accrual and related expense for estimated incurred but unidentified issues was not significant during the periods presented. |
Other Receivables | Other Receivables The Company records miscellaneous non-product receivables that are collectible within 12 months in “Other receivables,” such as value-added tax receivables ($38.1 million as of March 31, 2018 and $55.4 million as of April 1, 2017, which are reported on a net basis), precious metal reclaims submitted for payment and other miscellaneous items. |
Property and Equipment | Property and Equipment Property and equipment are stated at cost, less accumulated depreciation. Depreciation of property and equipment is computed using the straight-line method over the estimated useful lives of the assets, ranging from one year to thirty-nine years. The Company capitalizes interest on borrowings related to eligible capital expenditures. Capitalized interest is added to the cost of qualified assets and depreciated together with that asset cost. The Company’s assets acquired under capital leases and leasehold improvements are amortized over the lesser of the asset life or lease term (which is reasonably assured) and included in depreciation. The Company records capital-related government grants earned as a reduction to property and equipment and depreciates such grants over the estimated useful lives of the associated assets. The Company periodically evaluates the period over which it expects to recover the economic value of the Company’s property and equipment, considering factors such as changes in machinery and equipment technology, the ability to re-use equipment across generations of process technology and historical usage trends. If the Company determines that the useful lives of its assets are shorter or longer than originally estimated, the rate of depreciation is adjusted to reflect the revised useful lives of the assets. The Company assesses property and equipment for impairment when events or changes in circumstances indicate that the carrying amount of its assets may not be recoverable. Factors that are considered in deciding when to perform an impairment review include an adverse change in the use of the Company’s assets or an expectation that the assets will be sold or otherwise disposed. The Company assesses the recoverability of the assets held for use by comparing the projected undiscounted net cash flows associated with the related asset or group of assets over their remaining estimated useful lives against their respective carrying amounts. Assets identified as “held for sale” are recorded at the lesser of their carrying value or their fair market value less costs to sell. Impairment, if any, is based on the excess of the carrying amount over the fair value of those assets. |
Goodwill and Intangible Assets | Goodwill and Intangible Assets Goodwill is recorded when the purchase price paid for a business exceeds the estimated fair value of the net identified tangible and intangible assets acquired. Intangibles are recorded when such assets are acquired by purchase or license. The value of the Company's intangibles, including goodwill, could be impacted by future adverse changes such as: (i) any future declines in the Company's operating results; (ii) a decline in the value of technology company stocks, including the value of the Company's common stock; (iii) a prolonged or more significant slowdown in the worldwide economy or the semiconductor industry; or (iv) failure to meet the performance projections included in the Company's forecasts of future operating results. The Company accounts for goodwill and indefinite-lived intangible assets in accordance with the Financial Accounting Standards Board ("FASB") guidance, which requires annual testing for impairment or whenever events or circumstances make it more likely than not that an impairment may have occurred. The Company performs its annual impairment tests on the first day of the fourth quarter in each fiscal year. Indefinite-lived intangible assets consist of in-process research and development ("IPRD"). The Company has the option to perform a qualitative assessment (commonly referred to as "step zero") to determine whether further quantitative analysis for impairment of goodwill or indefinite-lived intangible assets is necessary. In performing step zero for its impairment test, the Company is required to make assumptions and judgments, including the evaluation of macroeconomic conditions as related to the Company's business, industry and market trends, and the overall future financial performance of the Company's reporting units and future opportunities in the markets in which they operate. The Company also considers recent fair value calculations of its indefinite-lived intangible assets and reporting units as well as cost factors such as changes in raw materials, labor or other costs. If the step zero analysis indicates that it is more likely than not that the fair value of a reporting unit or indefinite-lived asset is less than its respective carrying value including goodwill, then the Company would perform an additional quantitative analysis. For goodwill, this involves a two-step process. The first step compares the fair value of the reporting unit, including its goodwill, to its carrying value. If the carrying value of the reporting unit exceeds its fair value, then the second step of the process is performed to determine the amount of impairment. The second step compares the implied fair value of the reporting unit's goodwill to the carrying value of the goodwill. An impairment charge is recognized for the amount the carrying value of the reporting unit's goodwill exceeds its implied fair value. For indefinite-lived intangible assets, the quantitative analysis compares the carrying value of the asset to its fair value and an impairment charge is recognized for the amount its carrying value exceeds its fair value. Determining the fair value of reporting units, indefinite-lived intangible assets and implied fair value of a reporting unit's goodwill is reliant upon estimated future revenues, profitability and cash flows and consideration of market factors. Assumptions, judgments and estimates are complex, subjective and can be affected by a variety of factors, including external factors such as industry and economic trends, and internal factors such as changes in the Company's business strategy or its internal forecasts. Although the Company believes the assumptions, judgments and estimates it has made have been reasonable and appropriate, different assumptions, judgments and estimates could materially affect its results of operations. Goodwill Goodwill is allocated to the Company's reporting units based on the expected benefit from the synergies of the business combinations generating the underlying goodwill. As of March 31, 2018, the Company's goodwill balance of $2,173.9 million is allocated between its Mobile Products ("MP") and Infrastructure and Defense Products ("IDP") reporting units. In fiscal years 2018 and 2017, the Company completed qualitative assessments of the fair value of its reporting units and concluded that goodwill was not impaired. For fiscal 2016, although there were no indicators of impairment, the Company opted to bypass the qualitative assessment and proceeded to perform fair value assessments of its reporting units (the first step of the quantitative impairment analysis) as the fair value of the reporting units had changed (due to the Business Combination) since the last time the Company performed a quantitative analysis. The quantitative assessments performed reaffirmed that there were no indicators of impairment for fiscal 2016. In performing these quantitative assessments, consistent with its historical approach, the Company used both the income and market approaches to estimate the fair value of its reporting units. The income approach involves discounting future estimated cash flows. The sum of the reporting unit cash flow projections was compared to the Company's market capitalization in a discounted cash flow framework to calculate an overall implied internal rate of return (or discount rate) for the Company. The Company's market capitalization was adjusted to a control basis assuming a reasonable control premium, which resulted in an implied discount rate. This implied discount rate serves as a baseline for estimating the specific discount rate for each reporting unit. The discount rate used is the value-weighted average of the Company's estimated cost of equity and debt (“cost of capital”) derived using both known and estimated customary market metrics. The Company's weighted average cost of capital is adjusted for each reporting unit to reflect a risk factor, if necessary, for each reporting unit. The Company performs sensitivity tests with respect to growth rates and discount rates used in the income approach. The Company believes the income approach is appropriate because it provides a fair value estimate based upon the respective reporting unit’s expected long-term operations and cash flow performance. The Company considered historical rates and current market conditions when determining the discount and growth rates used in its analysis. For fiscal 2016, the material assumptions used for the income approach were eight years of projected net cash flows and a long-term growth rate of 3% for both the MP and IDP reporting units. A discount rate of 15% and 16% was used for the MP and IDP reporting units, respectively. In applying the market approach, valuation multiples are derived from historical and projected operating data of selected guideline companies, which are evaluated and adjusted, if necessary, based on the strengths and weaknesses of the reporting unit relative to the selected guideline companies. The valuation multiples are then applied to the appropriate historical and/or projected operating data of the reporting unit to arrive at an indication of fair value. The Company believes the market approach is appropriate because it provides a fair value using multiples from companies with operations and economic characteristics similar to its reporting units. The Company weighted the results of the income approach and the results of the market approach at 50% each and for the MP and IDP reporting units, concluded that the fair value of the reporting units was determined to be substantially in excess of the carrying value, and as such, no further analysis was warranted. Under the income approach described above, the following indicates the sensitivity of key assumptions utilized in the assessment. A one percentage point decrease in the discount rate would have increased the fair value of the MP and IDP reporting units by approximately $660.0 million and $140.0 million, respectively, while a one percentage point increase in the discount rate would have decreased the fair value of the MP and IDP reporting units by approximately $560.0 million and $110.0 million, respectively. A one percentage point decrease in the long-term growth rate would have decreased the fair value of the MP and IDP reporting units by approximately $290.0 million and $50.0 million, respectively, while a one percentage point increase in the long-term growth rate would have increased the fair value of the MP and IDP reporting units by approximately $340.0 million and $70.0 million, respectively. Intangible Assets with Indefinite Lives In fiscal 2015, as a result of the Business Combination, the Company recorded IPRD of $470.0 million. IPRD was recorded at fair value as of the date of acquisition as an indefinite-lived intangible asset until the completion or abandonment of the associated research and development ("R&D") efforts or impairment. The fair value of the acquired IPRD was determined based on an income approach using the "excess earnings method," which estimated the value of the intangible assets by discounting the future projected earnings of the asset to present value as of the valuation date. Upon completion of development, acquired IPRD assets are transferred to finite-lived intangible assets and amortized over their useful lives. During fiscal years 2018, 2017 and 2016, the Company completed and transferred into developed technology approximately $37.0 million, $220.0 million and $203.0 million, respectively, of IPRD. The Company performed a qualitative assessment of the remaining IPRD of $10.0 million during fiscal 2018 and concluded that IPRD was not impaired. Intangible Assets with Definite Lives Intangible assets are recorded when such assets are acquired by purchase or license. Finite-lived intangible assets consist primarily of technology licenses, customer relationships, developed technology and trade names resulting from business combinations and are subject to amortization. Technology licenses are recorded at cost and are amortized on a straight-line basis over the lesser of the estimated useful life of the technology or the term of the license agreement, ranging from approximately five to eight years. The fair value of customer relationships acquired during fiscal years 2013, 2015 and 2017 was determined based on an income approach using the “with and without method," in which the value of the asset is determined by the difference in discounted cash flows of the profitability of the Company "with" the asset and the profitability of the Company "without" the asset. Customer relationships are amortized on a straight-line basis over the estimated useful life, ranging from three to ten years. The fair value of developed technology acquired during fiscal years 2013, 2015 and 2017 was determined based on an income approach using the "excess earnings method," which estimated the value of the intangible assets by discounting the future projected earnings of the asset to present value as of the valuation date. Developed technology is amortized on a straight-line basis over the estimated useful life, ranging from three to six years. The fair value of trade names acquired in fiscal years 2015 and 2017 was determined based on an income approach using the "relief from royalty method," in which the value of the asset is determined by discounting the future projected cash flows generated from the trade name's estimated royalties. Trade names are amortized on a straight-line basis over the estimated useful life of two to three years. The Company regularly reviews identified intangible assets to determine if facts and circumstances indicate that the useful lives have changed from the original estimate or that the carrying amount of the assets may not be recoverable. If such facts and circumstances exist, the Company assesses the recoverability of identified intangible assets by comparing the projected undiscounted net cash flows associated with the related asset or group of assets over their remaining lives against their respective carrying amounts. Impairments, if any, are based on the excess of the carrying amount over the fair value of those assets and occur in the period in which the impairment determination was made. |
Accrued Liabilities | Accrued Liabilities The "Accrued liabilities" balance as of March 31, 2018 and April 1, 2017 includes accrued compensation and benefits of $96.7 million and $98.7 million, respectively, and interest payable of $23.1 million and $23.2 million, respectively. |
Revenue Recognition | Revenue Recognition The Company's net revenue is generated principally from sales of semiconductor products. The Company recognizes revenue from product sales when the fundamental criteria are met, such as the time at which the title and risk and rewards of product ownership are transferred to the customer, price and terms are fixed or determinable, no significant vendor obligation exists and collection of the resulting receivable is reasonably assured. Sales of products are generally made through either the Company's sales force, manufacturers' representatives or through a distribution network. Revenue from the majority of the Company's products is recognized upon shipment of the product to the customer from a Company-owned or third-party location. Some revenue is recognized upon receipt of the shipment by the customer. The Company has limited rebate programs offering price protection to certain distributors. These rebates represent less than 5% of net revenue and can be reasonably estimated based on specific criteria included in the rebate agreements and other known factors at the time. The Company reduces revenue and records reserves for product returns and allowances for price protection, stock rotation, and scrap allowance based on historical experience or specific identification depending on the contractual terms of the arrangement. The Company also recognizes a portion of its net revenue through other agreements such as non-recurring engineering fees, contracts for R&D work, royalty income, intellectual property ("IP") revenue, and service revenue. These agreements are collectively less than 1% of consolidated annual revenue. Revenue from these agreements is recognized when the service is completed or upon certain milestones, as provided for in the agreements. Revenue from certain contracts is recognized on the percentage of completion method based on the costs incurred to date and the total contract amount, plus the contractual fee. If these contracts experience cost overruns, the percentage of completion method is used to determine revenue recognition. Revenue from fixed price contracts is recognized when the required deliverable is satisfied. Royalty income is recognized based on a percentage of sales of the relevant product reported by licensees during the period. The Company additionally licenses or sells its rights to use portions of its IP portfolio, which includes certain patent rights useful in the manufacture and sales of certain products. IP revenue recognition is dependent on the terms of each agreement. The Company will recognize IP revenue upon delivery of the IP if the Company has no substantive future obligation to perform under the arrangement. The Company will defer recognition of IP revenue where future performance obligations are required to earn the revenue or the revenue is not guaranteed. Revenue from services is recognized during the period that the service is performed. Accounts receivable are recorded for all revenue items listed above and do not bear interest. The Company evaluates the collectability of accounts receivable based on a combination of factors. In cases where the Company is aware of circumstances that may impair a specific customer’s ability to meet its financial obligations subsequent to the original sale, the Company will record an allowance against amounts due, and thereby reduce the receivable to the amount the Company reasonably believes will be collected. For all other customers, the Company recognizes allowances for doubtful accounts based on the length of time the receivables are past due, industry and geographic concentrations, the current business environment and the Company’s historical experience. The Company's terms and conditions do not give its customers a right of return associated with the original sale of its products. However, the Company will authorize sales returns under certain circumstances, which include perceived quality problems, courtesy returns and like-kind exchanges. The Company evaluates its estimate of returns by analyzing all types of returns and the timing of such returns in relation to the original sale. Reserves are adjusted to reflect changes in the estimated returns versus the original sale of product. |
Shipping and Handling Cost | Shipping and Handling Cost The Company recognizes amounts billed to a customer in a sale transaction related to shipping and handling as revenue. The costs incurred by the Company for shipping and handling are classified as cost of goods sold in the Consolidated Statements of Operations. |
Research and Development | Research and Development The Company charges all R&D costs to expense as incurred. |
Precious Metals Reclaim | Precious Metals Reclaim The Company uses historical experience to estimate the amount of reclaim on precious metals used in manufacturing at the end of each period and states the reclaim value at the lower of average cost or market. The estimated value to be received from precious metal reclaim is included in "Other current assets" and reclaims submitted for payment are included in "Other receivables" in the Consolidated Balance Sheets. |
Income Taxes | Income Taxes The Company accounts for income taxes under the liability method, which requires recognition of deferred tax assets and liabilities for the temporary differences between the financial reporting and tax basis of assets and liabilities and for tax carryforwards. Deferred tax assets and liabilities for each tax jurisdiction are measured using the enacted statutory tax rates in effect for the years in which the differences are expected to reverse. A valuation allowance is provided against deferred tax assets to the extent the Company determines it is more likely than not that some portion or all of its deferred tax assets will not be realized. A more likely than not recognition threshold is required to be met before the Company recognizes the benefit of an income tax position in its financial statements. The Company’s policy is to recognize accrued interest and penalties, if incurred, on any unrecognized tax benefits as a component of income tax expense. It is the Company’s current intent and policy to invest the earnings of foreign subsidiaries indefinitely outside the U.S., except for Qorvo International Pte. Ltd. in Singapore. Accordingly, the Company does not record a deferred tax liability for U.S. income taxes on unremitted foreign earnings of other foreign subsidiaries. |
Stock-Based Compensation | Stock-Based Compensation Under FASB Accounting Standards Codification ("ASC") 718, “Compensation – Stock Compensation," stock-based compensation cost is measured at the grant date, based on the estimated fair value of the award using an option pricing model for stock options (Black-Scholes) and market price for restricted stock units, and is recognized as expense over the employee's requisite service period. As of March 31, 2018, total remaining unearned compensation cost related to unvested restricted stock units and options was $72.8 million, which will be amortized over the weighted-average remaining service period of approximately 1.2 years. |
Foreign Currency Translation | Foreign Currency Translation The financial statements of foreign subsidiaries have been translated into U.S. dollars in accordance with FASB ASC 830, “Foreign Currency Matters.” The functional currency for most of the Company’s international operations is the U.S. dollar. The functional currency for the remainder of the Company’s foreign subsidiaries is the local currency. Assets and liabilities denominated in foreign currencies are translated using the exchange rates on the balance sheet dates. Revenues and expenses are translated using the average exchange rates throughout the year. Translation adjustments are shown separately as a component of “Accumulated other comprehensive loss” within “Stockholders’ equity” in the Consolidated Balance Sheets. Foreign currency transaction gains or losses (transactions denominated in a currency other than the functional currency) are reported in “Other income (expense)” in the Consolidated Statements of Operations. |
Recent Accounting Pronouncements | Recent Accounting Pronouncements Accounting Pronouncements Not Yet Effective In January 2017, the FASB issued ASU 2017-04, "Intangibles-Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment." The new guidance simplifies the subsequent measurement of goodwill by eliminating the second step from the quantitative goodwill impairment test. The Company will continue to have the option to perform a qualitative assessment to determine if a quantitative goodwill impairment test is necessary. The new standard will become effective for the Company beginning in fiscal 2021 with early adoption permitted. The Company does not believe it will have a significant impact on its consolidated financial statements. In January 2017, the FASB issued ASU 2017-01, "Business Combinations (Topic 805): Clarifying the Definition of a Business." The new guidance clarifies the definition of a business and provides further guidance for evaluating whether a transaction will be accounted for as an acquisition of an asset or a business. The new standard will become effective for the Company beginning in the first quarter of fiscal 2019 with early adoption permitted. The update should be applied prospectively. The Company does not believe it will have a significant impact on its consolidated financial statements. In August 2016, the FASB issued ASU 2016-15, "Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments (a consensus of the FASB’s Emerging Issues Task Force)." The new guidance addresses eight specific cash flow issues with the objective of reducing the existing diversity in practice. The new standard will become effective for the Company beginning in the first quarter of fiscal 2019. The Company does not believe it will have a significant impact on its consolidated financial statements. In June 2016, the FASB issued ASU 2016-13, "Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments." The new guidance requires entities to use a current lifetime expected credit loss methodology to measure impairments of certain financial instruments. It also modifies the impairment model for available-for-sale debt securities and provides for a simplified accounting model for purchased financial assets with credit deterioration since their origination. The new standard will become effective for the Company beginning in the first quarter of fiscal 2021 with early adoption permitted. The Company does not believe it will have a significant impact on its consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, "Leases (Topic 842)." The new guidance requires lessees to recognize a right-of-use asset and a lease liability for all leases with a term longer than 12 months, including those previously described as operating leases. Consistent with current U.S. generally accepted accounting principles ("GAAP"), the recognition, measurement, and presentation of expenses and cash flows arising from a lease by a lessee will primarily depend on its classification as a finance or operating lease. The new guidance will become effective for the Company in the first quarter of fiscal 2020. The Company expects the valuation of the right-of-use assets and lease liabilities, for leases previously described as operating leases, to be the present value of its forecasted future lease commitments. The Company is continuing to assess the overall impacts of the new standard, including the discount rate to be applied in these valuations. In January 2016, the FASB issued ASU 2016-01, "Financial Instruments - Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities." The new guidance will affect the accounting for equity investments, financial liabilities measured under the fair value option and presentation and disclosure requirements for financial instruments. In addition, the FASB clarified guidance related to the assessment of valuation allowances when recognizing deferred tax assets related to unrealized losses on available-for-sale debt securities. The new standard is effective for the Company beginning in the first quarter of fiscal 2019. The Company does not believe it will have a significant impact on its consolidated financial statements. In May 2014, the FASB issued ASU 2014-09, "Revenue from Contracts with Customers (Topic 606)," with several amendments subsequently issued. The new guidance provides an updated framework for revenue recognition, resulting in a single revenue model to be applied by reporting companies under U.S. GAAP. Under the new model, recognition of revenue occurs when a customer obtains control of promised goods or services in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. Additional disclosures will be required regarding the nature, amount, timing and uncertainty of cash flows. The Company will adopt the standard in the first quarter of fiscal 2019 using the modified retrospective approach, under which the cumulative effect of adoption is recognized at the date of initial application. The Company has evaluated the impact of the standard and does not anticipate that the adoption of this standard will have a material impact on its consolidated financial statements. The Company is implementing changes to its accounting policies, internal controls and disclosures to support the new standard; however, these changes are not expected to be material. Accounting Pronouncements Recently Adopted In March 2018, the FASB issued ASU 2018-05, "Income Taxes (Topic 740): Amendments to SEC Paragraphs Pursuant to SEC Staff Accounting Bulletin No. 118." The amendments incorporate into the ASC the recent SEC guidance related to the income tax accounting implications of the Tax Cuts and Jobs Act (the "Tax Act"). See Note 12 for further disclosures. In May 2017, the FASB issued ASU 2017-09, "Compensation—Stock Compensation (Topic 718): Scope of Modification Accounting." The new guidance clarifies when modification accounting in Topic 718 should be applied to changes to the terms or conditions of a share-based payment award. The Company elected to early-adopt the standard in the first quarter of fiscal 2018 with no impact on its consolidated financial statements. In November 2016, the FASB issued ASU 2016-18, "Statement of Cash Flows (Topic 230): Restricted Cash (a consensus of the FASB Emerging Issues Task Force)." The new guidance requires that restricted cash and restricted cash equivalents be included in cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown in the statement of cash flows. The Company adopted the provisions of ASU 2016-18 in the second quarter of fiscal 2018 using the retrospective transition method. The adjustment to reclassify restricted cash for each period presented was less than $1.0 million. In October 2016, the FASB issued ASU 2016-16, "Income Taxes (Topic 740), Intra-Entity Transfers of Assets Other Than Inventory." The new guidance requires an entity to recognize the income tax consequences of an intra-entity transfer of an asset, other than inventory, when the transfer occurs. The Company elected to early-adopt the standard in the first quarter of fiscal 2018 using the modified retrospective method (which resulted in a cumulative adjustment to retained earnings of $1.2 million as of the beginning of the period of adoption). During fiscal 2018, the Company recognized a tax expense of $6.9 million related to transfers of intra-entity assets. In March 2016, the FASB issued ASU 2016-09, "Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting." The new guidance simplifies certain aspects of accounting for share-based payment transactions, including income tax consequences, forfeitures, classification of awards on the balance sheet and presentation on the statement of cash flows, and became effective for the Company in the first quarter of fiscal 2018. The Company recognized a cumulative-effect adjustment to reduce the Company's accumulated deficit by $36.7 million with a corresponding increase to deferred tax assets for the federal and state net operating losses attributable to excess tax benefits that had not been previously recognized. All excess tax benefits and deficiencies in the current and future periods will be recognized as income tax expense in the Company’s Consolidated Statement of Operations in the reporting period in which they occur. This will result in increased volatility in the Company’s effective tax rate. During fiscal 2018, the Company recognized a discrete tax benefit of $12.2 million related to the excess tax benefits from stock-based compensation. The Company also elected to prospectively adopt the provision that requires excess tax benefits to be presented within operating activities in the statement of cash flows and no prior periods have been restated as a result of the adoption. The Company has continued its existing practice of estimating expected forfeitures in determining compensation cost. In March 2016, the FASB issued ASU 2016-07, "Investments-Equity Method and Joint Ventures (Topic 323): Simplifying the Transition to the Equity Method of Accounting." The new guidance eliminates the requirement to retrospectively apply the equity method of accounting when an investment previously accounted for under the cost basis qualifies for the equity method of accounting. The Company adopted ASU 2016-07 in the first quarter of fiscal 2018 with no impact on its consolidated financial results. In July 2015, the FASB issued ASU 2015-11, "Inventory (Topic 330): Simplifying the Measurement of Inventory." The new guidance changes the measurement principle for inventory from the lower of cost or market to the lower of cost and net realizable value. ASU 2015-11 defines net realizable value as the estimated selling price in the ordinary course of business less reasonably predictable costs to completion, transportation, or disposal. The Company adopted ASU 2015-11 in the first quarter of fiscal 2018 with no significant impact on its consolidated financial statements. |
Operating Segment | The Company's operating segments as of March 31, 2018 are MP and IDP based on the organizational structure and information reviewed by the Company's Chief Executive Officer, who is the Company's chief operating decision maker ("CODM"), and these segments are managed separately based on the end markets and applications they support. The CODM allocates resources and assesses the performance of each operating segment primarily based on non-GAAP operating income (loss) and non-GAAP operating income (loss) as a percentage of revenue. |
Fair Value Measurement | The carrying values of cash and cash equivalents, accounts receivable, accounts payable and other accrued liabilities approximate fair values because of the relatively short-term maturities of these instruments. |
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- Definition Disclosure of accounting policy for cash and cash equivalents, including the policy for determining which items are treated as cash equivalents. Other information that may be disclosed includes (1) the nature of any restrictions on the entity's use of its cash and cash equivalents, (2) whether the entity's cash and cash equivalents are insured or expose the entity to credit risk, (3) the classification of any negative balance accounts (overdrafts), and (4) the carrying basis of cash equivalents (for example, at cost) and whether the carrying amount of cash equivalents approximates fair value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of accounting policy regarding (1) the principles it follows in consolidating or combining the separate financial statements, including the principles followed in determining the inclusion or exclusion of subsidiaries or other entities in the consolidated or combined financial statements and (2) its treatment of interests (for example, common stock, a partnership interest or other means of exerting influence) in other entities, for example consolidation or use of the equity or cost methods of accounting. The accounting policy may also address the accounting treatment for intercompany accounts and transactions, noncontrolling interest, and the income statement treatment in consolidation for issuances of stock by a subsidiary. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of accounting policy for fair value measurements of financial and non-financial assets, liabilities and instruments classified in shareholders' equity. Disclosures include, but are not limited to, how an entity that manages a group of financial assets and liabilities on the basis of its net exposure measures the fair value of those assets and liabilities. No definition available.
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- Definition Disclosure of accounting policy for determining an entity's fiscal year or other fiscal period. This disclosure may include identification of the fiscal period end-date, the length of the fiscal period, any reporting period lag between the entity and its subsidiaries, or equity investees. If a reporting lag exists, the closing date of the entity having a different period end is generally noted, along with an explanation of the necessity for using different closing dates. Any intervening events that materially affect the entity's financial position or results of operations are generally also disclosed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of accounting policy for (1) transactions denominated in a currency other than the reporting enterprise's functional currency, (2) translating foreign currency financial statements that are incorporated into the financial statements of the reporting enterprise by consolidation, combination, or the equity method of accounting, and (3) remeasurement of the financial statements of a foreign reporting enterprise in a hyperinflationary economy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of accounting policy for goodwill and intangible assets. This accounting policy also may address how an entity assesses and measures impairment of goodwill and intangible assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of accounting policy for guarantees, indemnifications and product warranties, and methodologies used in determining the amount of such liabilities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of accounting policy for income taxes, which may include its accounting policies for recognizing and measuring deferred tax assets and liabilities and related valuation allowances, recognizing investment tax credits, operating loss carryforwards, tax credit carryforwards, and other carryforwards, methodologies for determining its effective income tax rate and the characterization of interest and penalties in the financial statements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of inventory accounting policy for inventory classes, including, but not limited to, basis for determining inventory amounts, methods by which amounts are added and removed from inventory classes, loss recognition on impairment of inventories, and situations in which inventories are stated above cost. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of accounting policy for investments in financial assets, including marketable securities (debt and equity securities with readily determinable fair values), investments accounted for under the equity method and cost method, securities borrowed and loaned, and repurchase and resale agreements. For marketable securities, the disclosure may include the entity's accounting treatment for transfers between investment categories and how the fair values for such securities are determined. Also, for all investments, an entity may describe its policy for assessing, recognizing and measuring impairment of the investment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of accounting policy pertaining to new accounting pronouncements that may impact the entity's financial reporting. Includes, but is not limited to, quantification of the expected or actual impact. No definition available.
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- References No definition available.
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- Definition Disclosure of accounting policy for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, basis of assets, depreciation and depletion methods used, including composite deprecation, estimated useful lives, capitalization policy, accounting treatment for costs incurred for repairs and maintenance, capitalized interest and the method it is calculated, disposals and impairments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of accounting policy for trade and other accounts receivable, and finance, loan and lease receivables, including those classified as held for investment and held for sale. This disclosure may include (1) the basis at which such receivables are carried in the entity's statements of financial position (2) how the level of the valuation allowance for receivables is determined (3) when impairments, charge-offs or recoveries are recognized for such receivables (4) the treatment of origination fees and costs, including the amortization method for net deferred fees or costs (5) the treatment of any premiums or discounts or unearned income (6) the entity's income recognition policies for such receivables, including those that are impaired, past due or placed on nonaccrual status and (7) the treatment of foreclosures or repossessions (8) the nature and amount of any guarantees to repurchase receivables. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of accounting policy for costs it has incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of accounting policy for revenue recognition. If the entity has different policies for different types of revenue transactions, the policy for each material type of transaction is generally disclosed. If a sales transaction has multiple element arrangements (for example, delivery of multiple products, services or the rights to use assets) the disclosure may indicate the accounting policy for each unit of accounting as well as how units of accounting are determined and valued. The disclosure may encompass important judgment as to appropriateness of principles related to recognition of revenue. The disclosure also may indicate the entity's treatment of any unearned or deferred revenue that arises from the transaction. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of accounting policy for segment reporting. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of accounting policy for stock option and stock incentive plans. This disclosure may include (1) the types of stock option or incentive plans sponsored by the entity (2) the groups that participate in (or are covered by) each plan (3) significant plan provisions and (4) how stock compensation is measured, and the methodologies and significant assumptions used to determine that measurement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of accounting policy for the classification of shipping and handling costs, including whether the costs are included in cost of sales or included in other income statement accounts. If shipping and handling fees are significant and are not included in cost of sales, disclosure includes both the amounts of such costs and the line item on the income statement which includes such costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of accounting policy for the use of estimates in the preparation of financial statements in conformity with generally accepted accounting principles. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Concentrations of Credit Risk (Tables) |
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Mar. 31, 2018 | |||||||||||||||||||||||||||||||||||||
Risks and Uncertainties [Abstract] | |||||||||||||||||||||||||||||||||||||
Revenue from significant customers | Revenue from significant customers, those representing 10% or more of revenue for the respective periods, are summarized as follows:
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- References No definition available.
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- Definition Tabular disclosure of the extent of the entity's reliance on its major customers, if revenues from transactions with a single external customer amount to 10 percent or more of entity revenues, including the disclosure of that fact, the total amount of revenues from each such customer, and the identity of the reportable segment or segments reporting the revenues. The entity need not disclose the identity of a major customer or the amount of revenues that each segment reports from that customer. For these purposes, a group of companies known to the entity to be under common control is considered a single customer, and the federal government, a state government, a local government such as a county or municipality, or a foreign government is each considered a single customer. No definition available.
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Investments and Fair Value Measurements (Tables) |
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Mar. 31, 2018 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of Cash equivalents and available-for-sale securities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Cash equivalents and available-for-sale securities | The following is a summary of cash equivalents and available-for-sale securities as of March 31, 2018 and April 1, 2017 (in thousands):
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Expected maturity distribution of cash equivalents and available-for-sale debt securities | The expected maturity distribution of cash equivalents and available-for-sale debt securities is as follows (in thousands):
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Fair value of the financial assets measured at fair value on a recurring basis | The fair value of the financial assets and liabilities measured at fair value on a recurring basis was determined using the following levels of inputs as of March 31, 2018 and April 1, 2017 (in thousands):
(1) Auction rate securities are debt instruments with interest rates that reset through periodic short-term auctions. The Company's Level 2 ARS are valued based on quoted prices for identical or similar instruments in markets that are not active. (2) The non-qualified deferred compensation plan provides eligible employees and members of the Board of Directors with the opportunity to defer a specified percentage of their cash compensation. The Company includes the asset deferred by the participants in the “Other current assets” and “Other non-current assets” line items of its Consolidated Balance Sheets and the Company's obligation to deliver the deferred compensation in the "Other current liabilities" and “Other long-term liabilities” line items of its Consolidated Balance Sheets. |
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- Definition Tabular disclosure of available-for-sale securities which includes, but is not limited to, changes in the cost basis and fair value, fair value and gross unrealized gain (loss), fair values by type of security, contractual maturity and classification, amortized cost basis, contracts to acquire securities to be accounted for as available-for-sale, debt maturities, transfers to trading, change in net unrealized holding gain (loss) net of tax, continuous unrealized loss position fair value, aggregate losses qualitative disclosures, other than temporary impairment (OTTI) losses or other disclosures related to available for sale securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments. No definition available.
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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Inventories (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 31, 2018 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Inventory Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Components of inventories | The components of inventories, net of reserves, are as follows (in thousands):
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- References No definition available.
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- Definition Tabular disclosure of the carrying amount as of the balance sheet date of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Property and Equipment (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 31, 2018 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Property, Plant and Equipment [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Property, Plant and Equipment [Table Text Block] | The components of property and equipment are as follows (in thousands):
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- References No definition available.
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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. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Goodwill and Intangible Assets (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 31, 2018 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Indefinite-lived Intangible Assets [Line Items] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of Goodwill [Table Text Block] | The changes in the carrying amount of goodwill for fiscal years 2017 and 2018, are as follows (in thousands):
(1) The Company’s goodwill balance is presented net of accumulated impairment losses and write-offs of $621.6 million. |
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Schedule of Finite-Lived and Indefinite-Lived Intangible Assets [Table Text Block] | The following summarizes information regarding the gross carrying amounts and accumulated amortization of intangible assets (in thousands):
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Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block] | The following table provides the Company's estimated amortization expense for intangible assets based on current amortization periods for the periods indicated (in thousands):
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- Definition Schedule of finite-lived and indefinite-lived intangible assets [Table Text Block] No definition available.
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Debt (Tables) |
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Mar. 31, 2018 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of Long-term Debt Instruments [Table Text Block] | Debt as of March 31, 2018 and April 1, 2017 is as follows (in thousands):
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- References No definition available.
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- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Commitments and Contingent Liabilities (Tables) |
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Commitments and Contingencies Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Minimum future lease payments | Minimum future lease payments under non-cancelable operating and capital leases as of March 31, 2018, are as follows (in thousands):
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- Definition Schedule of future minimum lease payments for capital leases and operating leases. No definition available.
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- References No definition available.
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Income Taxes (Tables) |
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Mar. 31, 2018 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Income Tax Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Income before income taxes | Income (loss) before income taxes consists of the following components (in thousands):
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Components of the income tax (provision) benefit | The components of the income tax provision are as follows (in thousands):
(1) In fiscal 2016, the state deferred tax expense included a $31.0 million income tax expense related to an increase in the valuation allowance for the deferred tax asset related to state net operating losses and tax credits. |
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Reconciliation of the (provision for) or benefit from income taxes to income tax(expense) or benefit computed by applying the statutory federal income tax rate to pre-tax income. | A reconciliation of the provision for income taxes to income tax expense computed by applying the statutory federal income tax rate to pre-tax income (loss) for fiscal years 2018, 2017 and 2016 is as follows (dollars in thousands):
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Significant components of net deferred income taxes | Significant components of the Company’s net deferred income taxes are as follows (in thousands):
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Reconciliation of gross unrecognized tax benefits | A reconciliation of fiscal 2016 through fiscal 2018 beginning and ending amount of gross unrecognized tax benefits is as follows (in thousands):
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X | ||||||||||
- References No definition available.
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X | ||||||||||
- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Tabular disclosure of income before income tax between domestic and foreign jurisdictions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Tabular disclosure of the change in unrecognized tax benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Net Loss Per Share (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 31, 2018 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Earnings Per Share [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Reconciliation of the numerators and denominators in the computation of basic and diluted net income (loss) per share | The following table sets forth the computation of basic and diluted net loss per share (in thousands, except per share data):
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- References No definition available.
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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Stock-Based Compensation (Tables) |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Summary of activity of the Company's director and employee stock option plans | A summary of activity of the Company’s director and employee stock option plans follows:
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Assumptions used for stock option plans | The fair value of each option award is estimated on the date of grant using a Black-Scholes option-pricing model based on the assumptions noted in the following tables:
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Restricted share plans | The following activity has occurred with respect to restricted stock unit awards:
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- References No definition available.
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- 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. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- 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. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year. No definition available.
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Stockholders' Equity (Tables) |
12 Months Ended | ||||||||||||||
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Mar. 31, 2018 | |||||||||||||||
Equity [Abstract] | |||||||||||||||
Common stock reserved for future issuance | At March 31, 2018, the Company had reserved a total of approximately 15.7 million of its authorized 405.0 million shares of common stock for future issuance as follows (in thousands):
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X | ||||||||||
- Definition Schedule of shares reserved for future issuance. No definition available.
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- References No definition available.
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Operating Segment and Geographical Information (Tables) |
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Segment Reporting [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Summary of details of reportable segments | The following tables present details of the Company’s reportable segments and a reconciliation of the “All other” category (in thousands):
(1) "All other" revenue relates to royalty income that is not allocated to MP or IDP. |
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Summary of reconciliation of All other category |
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Sales to customers by geographic region | The consolidated financial statements include revenue to customers by geographic region that are summarized as follows (in thousands):
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Long-lived assets by geographic region | The consolidated financial statements include the following long-lived tangible asset amounts related to operations of the Company by geographic region (in thousands):
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- Definition Segment reporting information other. No definition available.
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- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Tabular disclosure of the names of foreign countries in which material long-lived assets other than financial instruments, long-term customer relationships of a financial institution, mortgage and other servicing rights, deferred policy acquisition costs, and deferred tax assets are located, and amount of such long-lived assets located in that country or foreign geographic area. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Tabular disclosure of the names of foreign countries from which revenue is material and the amount of revenue from external customers attributed to those countries. An entity may also provide subtotals of geographic information about groups of countries. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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Consolidating Financial Information (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Consolidating Financial Information [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Condensed consolidating balance sheets |
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Condensed consolidating statements of operations and comprehensive income (loss) |
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Condensed consolidating statements of cash flows |
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- Definition Consolidating Financial Information [Abstract] No definition available.
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- Definition Tabular disclosure of condensed statement of comprehensive income (loss) including, but not limited to, statements of comprehensive income (loss) of consolidated entities and consolidation eliminations. No definition available.
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X | ||||||||||
- Definition Tabular disclosure of condensed balance sheet, including, but not limited to, balance sheets of consolidated entities and consolidation eliminations. No definition available.
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- Definition Tabular disclosure of condensed cash flow statement, including, but not limited to, cash flow statements of consolidated entities and consolidation eliminations. No definition available.
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Quarterly Financial Summary (Unaudited) (Tables) |
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Mar. 31, 2018 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Quarterly Financial Information Disclosure [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Quarterly Financial Summary (Unaudited) | QUARTERLY FINANCIAL SUMMARY (UNAUDITED):
1. The Company recorded integration related expenses of $1.5 million, $1.8 million, $1.7 million and $1.2 million in the first, second, third and fourth quarters of fiscal 2018, respectively, associated with the Business Combination. The Company recorded integration related expenses of $5.3 million, $5.0 million, $3.9 million and $2.7 million in the first, second, third and fourth quarters of fiscal 2017, respectively, associated with the Business Combination (Note 6). 2. The Company recorded restructuring expenses of $0.5 million, $10.5 million, $15.2 million and $41.5 million in the first, second, third and fourth quarters of fiscal 2018, respectively. The Company recorded restructuring expenses of $0.8 million, $0.5 million, $0.4 million and $0.4 million in the first, second, third and fourth quarters of fiscal 2017, respectively (Note 11). 3. The Company recorded start-up expenses of $6.6 million, $7.2 million, $5.4 million and $5.1 million in the first, second, third and fourth quarters of fiscal 2018, respectively. The Company recorded start-up expenses of $2.1 million, $2.0 million, $2.2 million and $3.4 million in the first, second, third and fourth quarters of fiscal 2017, respectively. 4. Income tax expense of $98.5 million for the third quarter of fiscal 2018 relates primarily to a discrete provisional tax expense related to the enactment of the Tax Act (Note 12). 5. Income tax benefit of $31.2 million for the fourth quarter of fiscal 2018 relates primarily to a discrete provisional benefit for adjustments to a third quarter fiscal 2018 provisional estimate of the impact of the Tax Act (Note 12). 6. Income tax expense of $123.2 million for the third quarter of fiscal 2017 relates primarily to the timing of income and loss recognition in the various tax jurisdictions for the quarter (Note 12). 7. Income tax benefit of $93.2 million for the fourth quarter of fiscal 2017 relates primarily to the timing of income and loss recognition in the various tax jurisdictions for the quarter (Note 12). |
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
The Company and Its Significant Accounting Policies (Details) - USD ($) |
3 Months Ended | 12 Months Ended | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Sep. 30, 2017 |
Mar. 28, 2015 |
Mar. 31, 2018 |
Apr. 01, 2017 |
Apr. 02, 2016 |
Mar. 28, 2015 |
Jan. 01, 2015 |
|||||
The Company and Its Significant Accounting Policies [Line Items] | |||||||||||
Effective Income Tax Rate Reconciliation, Intra-Entity Transfer, Amount | $ 6,873,000 | $ 0 | $ 0 | ||||||||
Maturity Period For Available For Sale Investments Classification As Current Investments Minimum [greater than] | 3 months | ||||||||||
Maturity Period For Available For Sale Investments Classification As Current Investments Maximum [less than] | 1 year | ||||||||||
Maturity Period for Available for Sale Investments Classification As Long Term Investments Minimum [exceeding] | 1 year | ||||||||||
Value Added Tax Receivable | $ 38,100,000 | 55,400,000 | |||||||||
Goodwill | 2,173,889,000 | [1] | 2,173,914,000 | 2,135,697,000 | [1] | ||||||
Goodwill, Impairment Loss | $ 0 | 0 | 0 | ||||||||
Period of Projected Net Cash Flows | 8 years | ||||||||||
Completed and transferred acquired in-process research and development during period | $ 37,000,000 | 220,000,000 | 203,000,000 | ||||||||
Accrued compensation and benefits | 96,700,000 | 98,700,000 | |||||||||
Interest Payable | $ 23,100,000 | 23,200,000 | |||||||||
Rebates As Percentage Of Sales [Less Than] | 5.00% | ||||||||||
Percentage Of Net Revenue Other Agreements [Less Than] | 1.00% | ||||||||||
Total remaining unearned compensation cost related to nonvested restricted stock units and options | $ 72,800,000 | ||||||||||
Weighted-average remaining service period of unearned compensation costs related to nonvested restricted stock units and options | 1 year 2 months 12 days | ||||||||||
Minimum | |||||||||||
The Company and Its Significant Accounting Policies [Line Items] | |||||||||||
Property, Plant and Equipment, Useful Life | 1 year | ||||||||||
Remaining research and development costs | $ 1,000,000 | ||||||||||
Maximum | |||||||||||
The Company and Its Significant Accounting Policies [Line Items] | |||||||||||
Property, Plant and Equipment, Useful Life | 39 years | ||||||||||
Remaining research and development costs | $ 2,000,000 | ||||||||||
In-process research and development | |||||||||||
The Company and Its Significant Accounting Policies [Line Items] | |||||||||||
Remaining research and development costs | $ 10,000,000 | ||||||||||
Technology licenses | Minimum | |||||||||||
The Company and Its Significant Accounting Policies [Line Items] | |||||||||||
Finite-Lived Intangible Asset, Useful Life | 5 years | ||||||||||
Technology licenses | Maximum | |||||||||||
The Company and Its Significant Accounting Policies [Line Items] | |||||||||||
Finite-Lived Intangible Asset, Useful Life | 8 years | ||||||||||
Customer Relationships | Minimum | |||||||||||
The Company and Its Significant Accounting Policies [Line Items] | |||||||||||
Finite-Lived Intangible Asset, Useful Life | 4 years | 3 years | |||||||||
Customer Relationships | Maximum | |||||||||||
The Company and Its Significant Accounting Policies [Line Items] | |||||||||||
Finite-Lived Intangible Asset, Useful Life | 6 years | 10 years | |||||||||
Developed Technology | Minimum | |||||||||||
The Company and Its Significant Accounting Policies [Line Items] | |||||||||||
Finite-Lived Intangible Asset, Useful Life | 4 years | 3 years | |||||||||
Developed Technology | Maximum | |||||||||||
The Company and Its Significant Accounting Policies [Line Items] | |||||||||||
Finite-Lived Intangible Asset, Useful Life | 6 years | 6 years | |||||||||
Trade Names | Minimum | |||||||||||
The Company and Its Significant Accounting Policies [Line Items] | |||||||||||
Finite-Lived Intangible Asset, Useful Life | 2 years | ||||||||||
Trade Names | Maximum | |||||||||||
The Company and Its Significant Accounting Policies [Line Items] | |||||||||||
Finite-Lived Intangible Asset, Useful Life | 3 years | ||||||||||
TriQuint Merger | |||||||||||
The Company and Its Significant Accounting Policies [Line Items] | |||||||||||
Goodwill | $ 2,036,700,000 | ||||||||||
Finite-Lived Intangible Assets, Period Increase (Decrease) | $ 2,394,000,000 | ||||||||||
TriQuint Merger | In-process research and development | |||||||||||
The Company and Its Significant Accounting Policies [Line Items] | |||||||||||
Indefinite-lived Intangible Assets, Period Increase (Decrease) | $ 470,000,000 | ||||||||||
Finite-Lived Intangible Assets, Period Increase (Decrease) | 470,000,000 | ||||||||||
TriQuint Merger | Customer Relationships | |||||||||||
The Company and Its Significant Accounting Policies [Line Items] | |||||||||||
Finite-Lived Intangible Assets, Period Increase (Decrease) | 1,220,000,000 | ||||||||||
TriQuint Merger | Developed Technology | |||||||||||
The Company and Its Significant Accounting Policies [Line Items] | |||||||||||
Finite-Lived Intangible Assets, Period Increase (Decrease) | $ 610,000,000 | ||||||||||
Infrastructure and Defense Products | |||||||||||
The Company and Its Significant Accounting Policies [Line Items] | |||||||||||
Goodwill | $ 422,386,000 | 422,411,000 | 384,194,000 | ||||||||
Discount rate | 16.00% | ||||||||||
Effect of one percent decrease in discount rate | $ 140,000,000 | ||||||||||
Effect of a one percent increase in discount rate | 110,000,000 | ||||||||||
Effect of one point decrease in long-term growth rate | 50,000,000 | ||||||||||
Effect of a one percent increase in the long-term growth rate | 70,000,000 | ||||||||||
Infrastructure and Defense Products | TriQuint Merger | |||||||||||
The Company and Its Significant Accounting Policies [Line Items] | |||||||||||
Goodwill | 291,200,000 | ||||||||||
Mobile Products | |||||||||||
The Company and Its Significant Accounting Policies [Line Items] | |||||||||||
Goodwill | $ 1,751,503,000 | 1,751,503,000 | 1,751,503,000 | ||||||||
Long term growth rate | 3.00% | ||||||||||
Discount rate | 15.00% | ||||||||||
Effect of one percent decrease in discount rate | $ 660,000,000 | ||||||||||
Effect of a one percent increase in discount rate | 560,000,000 | ||||||||||
Effect of one point decrease in long-term growth rate | 290,000,000 | ||||||||||
Effect of a one percent increase in the long-term growth rate | 340,000,000 | ||||||||||
Mobile Products | TriQuint Merger | |||||||||||
The Company and Its Significant Accounting Policies [Line Items] | |||||||||||
Goodwill | $ 1,745,500,000 | ||||||||||
Change in Accounting Method Accounted for as Change in Estimate [Member] | |||||||||||
The Company and Its Significant Accounting Policies [Line Items] | |||||||||||
Change in Accounting Estimate Impact, Depreciation Expense | 59,700,000 | ||||||||||
New Accounting Pronouncement or Change in Accounting Principle, Effect of Change on Operating Results | 47,400,000 | ||||||||||
New Accounting Pronouncement or Change in Accounting Principle, Effect of Change on Net Income | $ 44,100,000 | ||||||||||
New Accounting Pronouncement or Change in Accounting Principle, Effect of Change on Diluted Earnings Per Share | $ 0.34 | ||||||||||
Change in Accounting Estimate Impact, Inventory Change | $ 12,300,000 | ||||||||||
Accounting Standards Update 2016-18 [Member] | New Accounting Pronouncement, Early Adoption, Effect [Member] | Cash and Cash Equivalents | |||||||||||
The Company and Its Significant Accounting Policies [Line Items] | |||||||||||
New Accounting Pronouncement or Change in Accounting Principle, Effect of Adoption, Quantification | $ 1,000,000 | $ 1,000,000 | $ 1,000,000 | ||||||||
Accounting Standards Update 2016-16 [Member] | New Accounting Pronouncement, Early Adoption, Effect [Member] | Retained Earnings [Member] | |||||||||||
The Company and Its Significant Accounting Policies [Line Items] | |||||||||||
New Accounting Pronouncement or Change in Accounting Principle, Effect of Adoption, Quantification | 1,200,000 | ||||||||||
Accounting Standards Update 2016-09 [Member] | Retained Earnings [Member] | |||||||||||
The Company and Its Significant Accounting Policies [Line Items] | |||||||||||
New Accounting Pronouncement or Change in Accounting Principle, Effect of Adoption, Quantification | (36,700,000) | ||||||||||
Income tax benefit (expense) [Member] | Accounting Standards Update 2016-09 [Member] | |||||||||||
The Company and Its Significant Accounting Policies [Line Items] | |||||||||||
New Accounting Pronouncement or Change in Accounting Principle, Effect of Adoption, Quantification | $ 12,200,000 | ||||||||||
|
X | ||||||||||
- Definition Change in Accounting Estimate Impact, Depreciation Expense No definition available.
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X | ||||||||||
- Definition Change in Accounting Estimate Impact, Inventory Change No definition available.
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X | ||||||||||
- Definition [Line Items] for The Company and Its Significant Accounting Policies [Table] No definition available.
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X | ||||||||||
- Definition Completed and transferred acquired in-process research and development during period - the amount of acquired IPRD for which development was completed during the period and -was transferred from indefinite-lived intangibles to finite-lived intangibles during the period. No definition available.
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X | ||||||||||
- Definition Rate of return used to convert a future monetary sum into present value. No definition available.
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X | ||||||||||
- Definition Effective Income Tax Rate Reconciliation, Intra-Entity Transfer, Amount No definition available.
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X | ||||||||||
- Definition The amount of decrease in the fair value of a reporting unit resulting from a one percent increase in discount rate. No definition available.
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X | ||||||||||
- Definition The decrease in the fair value of a reporting unit resulting from a one percent increase in the long-term growth rate. No definition available.
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X | ||||||||||
- Definition The amount of increase in the fair value of a reporting unit resulting from a one percentage point decrease in discount rate No definition available.
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X | ||||||||||
- Definition The increase in the fair value of a reporting unit resulting from a one point decrease in long-term growth rate. No definition available.
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X | ||||||||||
- Definition Long term growth rate used in the income approach to value and interest in a business No definition available.
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X | ||||||||||
- Definition Maturity period for available-for-sale investments, classification as current investments, Minimum. No definition available.
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X | ||||||||||
- Definition Maturity period for available for sale investments classification as long term investments minimum. No definition available.
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X | ||||||||||
- Definition Maturity period for available-for-sale investments, classification as current investments, Maximum. No definition available.
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X | ||||||||||
- Definition Percentage Of Net Revenue Other Agreements1 No definition available.
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X | ||||||||||
- Definition Period of Projected Net Cash Flows No definition available.
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X | ||||||||||
- Definition Rebates As Percentage Of Sales1 No definition available.
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X | ||||||||||
- Definition Remaining estimated research and development costs to complete No definition available.
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X | ||||||||||
- Definition Carrying value as of the balance sheet date of the obligations incurred through that date and payable for employees' services provided. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Unrecognized cost of unvested share-based compensation awards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Weighted average period over which unrecognized compensation is expected to be recognized for equity-based compensation plans, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Useful life of finite-lived intangible assets, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. No definition available.
|
X | ||||||||||
- Definition Amount of increase (decrease) in carrying value of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. No definition available.
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X | ||||||||||
- Definition Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of loss from the write-down of an asset representing the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of increase (decrease) of assets, excluding financial assets and goodwill, lacking physical substance and having a projected indefinite period of benefit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of interest payable on debt, including, but not limited to, trade payables. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Represents the quantification of the effect of adopting the new accounting standard or change in accounting principle expected by the entity to have a significant effect on the entity's financial statements. No definition available.
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X | ||||||||||
- Definition Amount of the effect of a change in accounting principle on diluted earnings per share. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of the effect of a change in accounting principle on net income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of the effect of a change in accounting principle on operating profit or loss. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Useful life of long lived, physical assets used in the normal conduct of business and not intended for resale, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Examples include, but not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment. No definition available.
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X | ||||||||||
- Definition Carrying amount as of the balance sheet date of value added taxes due either from customers arising from sales on credit terms, or as previously overpaid to tax authorities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Concentrations of Credit Risk (Details) - Sales Revenue, Net - Customer Concentration Risk |
12 Months Ended | ||
---|---|---|---|
Mar. 31, 2018 |
Apr. 01, 2017 |
Apr. 02, 2016 |
|
Apple | |||
Revenue from significant customers | |||
Percentage | 36.00% | 34.00% | 37.00% |
Huawei | |||
Revenue from significant customers | |||
Percentage | 8.00% | 11.00% | 12.00% |
X | ||||||||||
- Definition Entity wide revenue major customer. No definition available.
|
X | ||||||||||
- Definition For an entity that discloses a concentration risk in relation to quantitative amount, which serves as the "benchmark" (or denominator) in the equation, this concept represents the concentration percentage derived from the division. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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X | ||||||||||
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X | ||||||||||
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X | ||||||||||
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Concentrations of Credit Risk (Details Textual) |
12 Months Ended | ||
---|---|---|---|
Mar. 31, 2018 |
Apr. 01, 2017 |
Apr. 02, 2016 |
|
Accounts Receivable | Credit Concentration Risk | |||
Concentrations of Credit Risk (Textual) | |||
Percentage | 26.00% | 40.00% | 40.00% |
X | ||||||||||
- Definition Concentrations of credit risk. No definition available.
|
X | ||||||||||
- Definition For an entity that discloses a concentration risk in relation to quantitative amount, which serves as the "benchmark" (or denominator) in the equation, this concept represents the concentration percentage derived from the division. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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X | ||||||||||
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Investments and Fair Value Measurements (Details) - USD ($) $ in Thousands |
Mar. 31, 2018 |
Apr. 01, 2017 |
---|---|---|
Schedule of Cash equivalents and available-for-sale securities | ||
Cost | $ 1,959 | $ 2,164 |
Gross unrealized losses | (107) | (429) |
Estimated fair value | 1,852 | 1,735 |
Auction rate securities | ||
Schedule of Cash equivalents and available-for-sale securities | ||
Cost | 1,950 | 2,150 |
Gross unrealized losses | (107) | (429) |
Estimated fair value | 1,843 | 1,721 |
Money market funds | ||
Schedule of Cash equivalents and available-for-sale securities | ||
Cost | 9 | 14 |
Estimated fair value | $ 9 | $ 14 |
X | ||||||||||
- Definition Amount of investment in debt and equity securities categorized neither as held-to-maturity nor trading. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount before tax of unrealized loss in accumulated other comprehensive income (AOCI) on investments in debt and equity securities classified as available-for-sale. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition This item represents the cost of debt and equity securities, which are categorized neither as held-to-maturity nor trading, net of adjustments including accretion, amortization, collection of cash, previous other-than-temporary impairments recognized in earnings (less any cumulative-effect adjustments recognized, as defined), and fair value hedge accounting adjustments, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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X | ||||||||||
- Details
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X | ||||||||||
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Investments and Fair Value Measurements (Details 1) - Debt Securities - USD ($) $ in Thousands |
Mar. 31, 2018 |
Apr. 01, 2017 |
---|---|---|
Schedule of Cash equivalents and available-for-sale securities | ||
Cost of investments in cash equivalents and debt securities due in less than one year | $ 9 | $ 14 |
Cost of investments in cash equivalents and debt securities due after ten years | 1,950 | 2,150 |
Total cost of investments in cash equivalents and debt securities | 1,959 | 2,164 |
Estimated fair value of cash equivalents and investments in debt securities due in less than one year | 9 | 14 |
Estimated fair value of cash equivalents and investments in debt securities due after ten years | 1,843 | 1,721 |
Estimated fair value | $ 1,852 | $ 1,735 |
X | ||||||||||
- Definition This item represents the cost of debt securities, which are categorized neither as held-to-maturity nor trading, net of adjustments including accretion, amortization, collection of cash, previous other-than-temporary impairments recognized in earnings (less any cumulative-effect adjustments recognized, as defined), and fair value hedge accounting adjustments, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount after adjustments of available-for-sale debt securities at cost, maturing after the tenth fiscal year following the latest fiscal year. Adjustments include, but are not limited to, accretion, amortization, collection of cash, previous other-than-temporary impairments (OTTI) recognized in earnings less cumulative-effect adjustments, and fair value hedge accounting adjustments. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Fair value of available-for-sale debt securities maturing after the tenth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount after adjustments of available-for-sale debt securities at cost, maturing in the next fiscal year following the latest fiscal year. Adjustments include, but are not limited to, accretion, amortization, collection of cash, previous other-than-temporary impairments (OTTI) recognized in earnings less cumulative-effect adjustments, and fair value hedge accounting adjustments. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Fair value of available-for-sale debt securities maturing in the next fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of debt securities categorized neither as held-to-maturity nor trading. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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X | ||||||||||
- Details
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Investments and Fair Value Measurements (Details 2) - Recurring - USD ($) $ in Thousands |
Mar. 31, 2018 |
Apr. 01, 2017 |
|||||
---|---|---|---|---|---|---|---|
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] | |||||||
Deferred compensation plan assets | [1] | $ 14,284 | $ 10,237 | ||||
Total assets measured at fair value | 16,136 | 11,972 | |||||
Deferred compensation plan liability | [1] | 14,284 | 10,237 | ||||
Total liabilities measured at fair value | 14,284 | 10,237 | |||||
Quoted Prices In Active Markets For Identical Assets (Level 1) | |||||||
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] | |||||||
Deferred compensation plan assets | [1] | 14,284 | 10,237 | ||||
Total assets measured at fair value | 14,293 | 10,251 | |||||
Deferred compensation plan liability | [1] | 14,284 | 10,237 | ||||
Total liabilities measured at fair value | 14,284 | 10,237 | |||||
Significant Other Observable Inputs (Level 2) | |||||||
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] | |||||||
Deferred compensation plan assets | 0 | 0 | |||||
Total assets measured at fair value | 1,843 | 1,721 | |||||
Auction rate securities | |||||||
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] | |||||||
Available-for-sale Securities, Debt Securities | [2] | 1,843 | 1,721 | ||||
Auction rate securities | Significant Other Observable Inputs (Level 2) | |||||||
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] | |||||||
Available-for-sale Securities, Debt Securities | [2] | 1,843 | 1,721 | ||||
Money market funds | |||||||
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] | |||||||
Cash equivalents | 9 | 14 | |||||
Money market funds | Quoted Prices In Active Markets For Identical Assets (Level 1) | |||||||
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] | |||||||
Cash equivalents | $ 9 | $ 14 | |||||
|
X | ||||||||||
- Definition This element represents the aggregate of the assets reported on the balance sheet at period end measured at fair value on a recurring basis by the entity. This element is intended to be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. No definition available.
|
X | ||||||||||
- Definition Amount of debt securities categorized neither as held-to-maturity nor trading. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Aggregate carrying value as of the balance sheet date of the liabilities for all deferred compensation arrangements. Represents currently earned compensation under compensation arrangements that is not actually paid until a later date. No definition available.
|
X | ||||||||||
- Definition Carrying amount as of the balance sheet date of assets held under deferred compensation agreements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Definition Aggregation of the liabilities reported on the balance sheet measured at fair value on a recurring basis by the entity. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Investments and Fair Value Measurements (Details Textual) - USD ($) $ in Thousands |
Mar. 31, 2018 |
Apr. 01, 2017 |
---|---|---|
Schedule of Cash equivalents and available-for-sale securities | ||
Estimated fair value | $ 1,852 | $ 1,735 |
Fair Value, Inputs, Level 3 | ||
Schedule of Cash equivalents and available-for-sale securities | ||
Estimated fair value | 0 | $ 0 |
Cavendish | ||
Schedule of Cash equivalents and available-for-sale securities | ||
Equity Method Investments | $ 45,000 |
X | ||||||||||
- Definition Amount of investment in debt and equity securities categorized neither as held-to-maturity nor trading. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition This item represents the carrying amount on the entity's balance sheet of its investment in common stock of an equity method investee. This is not an indicator of the fair value of the investment, rather it is the initial cost adjusted for the entity's share of earnings and losses of the investee, adjusted for any distributions (dividends) and other than temporary impairment (OTTI) losses recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Inventories (Details) - USD ($) $ in Thousands |
Mar. 31, 2018 |
Apr. 01, 2017 |
---|---|---|
Components of inventories | ||
Raw materials | $ 110,389 | $ 92,282 |
Work in process | 221,137 | 198,339 |
Finished goods | 140,766 | 139,833 |
Total inventories | $ 472,292 | $ 430,454 |
X | ||||||||||
- Definition Carrying amount, net of valuation reserves and adjustments, as of the balance sheet date of merchandise or goods held by the company that are readily available for sale. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Carrying amount, net of valuation reserves and adjustments, as of the balance sheet date of unprocessed items to be consumed in the manufacturing or production process. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Carrying amount, net of reserves and adjustments, as of the balance sheet date of merchandise or goods which are partially completed. This inventory is generally comprised of raw materials, labor and factory overhead costs, which require further materials, labor and overhead to be converted into finished goods, and which generally require the use of estimates to determine percentage complete and pricing. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Property and Equipment (Details) - USD ($) $ in Thousands |
Mar. 31, 2018 |
Apr. 01, 2017 |
---|---|---|
Property, Plant and Equipment [Abstract] | ||
Land | $ 23,778 | $ 25,025 |
Building and leasehold improvements | 389,234 | 384,784 |
Machinery and equipment | 1,660,138 | 1,659,404 |
Property, Plant and Equipment, Gross | 2,073,150 | 2,069,213 |
Less accumulated depreciation | (911,910) | (981,328) |
Property And Equipment Net Excluding Construction In Progress | 1,161,240 | 1,087,885 |
Construction in progress | 212,872 | 304,047 |
Property and equipment, net | $ 1,374,112 | $ 1,391,932 |
X | ||||||||||
- Definition Property and equipment net, excluding construction in progress. No definition available.
|
X | ||||||||||
- Definition Amount of accumulated depreciation, depletion and amortization for physical assets used in the normal conduct of business to produce goods and services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount before accumulated depreciation of building structures held for productive use including addition, improvement, or renovation to the structure, including, but not limited to, interior masonry, interior flooring, electrical, and plumbing. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of structure or a modification to a structure under construction. Includes recently completed structures or modifications to structures that have not been placed into service. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount before accumulated depletion of real estate held for productive use, excluding land held for sale. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount before accumulated depreciation of tangible personal property used to produce goods and services, including, but is not limited to, tools, dies and molds, computer and office equipment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Amount before accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Business Acquisitions (Details Textual) - USD ($) $ / shares in Units, $ in Thousands |
3 Months Ended | 9 Months Ended | 12 Months Ended | |||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Apr. 29, 2016 |
Mar. 31, 2018 |
Dec. 30, 2017 |
Sep. 30, 2017 |
Jul. 01, 2017 |
Apr. 01, 2017 |
Dec. 31, 2016 |
Oct. 01, 2016 |
Jul. 02, 2016 |
Mar. 28, 2015 |
Jan. 02, 2016 |
Mar. 31, 2018 |
Apr. 01, 2017 |
Apr. 02, 2016 |
Jan. 01, 2015 |
||||||
Business Acquisition [Line Items] | ||||||||||||||||||||
Share Price | $ 70.45 | $ 70.45 | ||||||||||||||||||
Business combination, Cash acquired | $ 700 | |||||||||||||||||||
Integration related costs | $ 1,200 | $ 1,700 | $ 1,800 | $ 1,500 | $ 2,700 | $ 3,900 | $ 5,000 | $ 5,300 | $ 6,200 | $ 16,900 | $ 26,500 | |||||||||
Goodwill | 2,173,889 | [1] | 2,173,914 | 2,173,889 | [1] | 2,173,914 | 2,135,697 | [1] | ||||||||||||
Goodwill, Purchase Accounting Adjustments | (38,217) | |||||||||||||||||||
In-process research and development placed in service | 37,000 | |||||||||||||||||||
Restructuring costs | 41,500 | $ 15,200 | $ 10,500 | $ 500 | 400 | $ 400 | $ 500 | $ 800 | 67,700 | |||||||||||
GreenPeak | ||||||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||||||
Business Combination, Consideration Transferred | (118,100) | |||||||||||||||||||
Finite-lived Intangible Assets Acquired | 82,100 | |||||||||||||||||||
Goodwill | 38,200 | 38,200 | ||||||||||||||||||
TriQuint Merger | ||||||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||||||
Goodwill | $ 2,036,700 | |||||||||||||||||||
Finite-Lived Intangible Assets, Period Increase (Decrease) | $ 2,394,000 | |||||||||||||||||||
Restructuring costs | 2,600 | 2,000 | 10,100 | |||||||||||||||||
Mobile Products | ||||||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||||||
Goodwill | 1,751,503 | 1,751,503 | 1,751,503 | 1,751,503 | 1,751,503 | |||||||||||||||
Goodwill, Purchase Accounting Adjustments | 0 | |||||||||||||||||||
Mobile Products | TriQuint Merger | ||||||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||||||
Goodwill | 1,745,500 | |||||||||||||||||||
Infrastructure and Defense Products | ||||||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||||||
Goodwill | $ 422,386 | $ 422,411 | 422,386 | 422,411 | $ 384,194 | |||||||||||||||
Goodwill, Purchase Accounting Adjustments | $ (38,217) | |||||||||||||||||||
Infrastructure and Defense Products | TriQuint Merger | ||||||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||||||
Goodwill | $ 291,200 | |||||||||||||||||||
Property, Plant and Equipment | TriQuint Merger | ||||||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||||||
Goodwill, Purchase Accounting Adjustments | $ 3,800 | |||||||||||||||||||
Deferred Taxes | TriQuint Merger | ||||||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||||||
Goodwill, Purchase Accounting Adjustments | $ 1,100 | |||||||||||||||||||
Developed Technology | GreenPeak | ||||||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||||||
Finite-lived Intangible Assets Acquired | $ 74,200 | |||||||||||||||||||
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life | 7 years | |||||||||||||||||||
Developed Technology | TriQuint Merger | ||||||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||||||
Finite-Lived Intangible Assets, Period Increase (Decrease) | 610,000 | |||||||||||||||||||
Customer Relationships | GreenPeak | ||||||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||||||
Finite-lived Intangible Assets Acquired | $ 5,600 | |||||||||||||||||||
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life | 3 years | |||||||||||||||||||
Customer Relationships | TriQuint Merger | ||||||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||||||
Finite-Lived Intangible Assets, Period Increase (Decrease) | 1,220,000 | |||||||||||||||||||
In-process research and development | TriQuint Merger | ||||||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||||||
Finite-Lived Intangible Assets, Period Increase (Decrease) | $ 470,000 | |||||||||||||||||||
In-process research and development placed in service | $ 460,000 | |||||||||||||||||||
Minimum | Developed Technology | ||||||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||||||
Finite-Lived Intangible Asset, Useful Life | 4 years | 3 years | ||||||||||||||||||
Minimum | Customer Relationships | ||||||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||||||
Finite-Lived Intangible Asset, Useful Life | 4 years | 3 years | ||||||||||||||||||
Minimum | Transferred and in service in-process research and development | ||||||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||||||
Finite-Lived Intangible Asset, Useful Life | 4 years | |||||||||||||||||||
Maximum | Developed Technology | ||||||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||||||
Finite-Lived Intangible Asset, Useful Life | 6 years | 6 years | ||||||||||||||||||
Maximum | Customer Relationships | ||||||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||||||
Finite-Lived Intangible Asset, Useful Life | 6 years | 10 years | ||||||||||||||||||
Maximum | Transferred and in service in-process research and development | ||||||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||||||
Finite-Lived Intangible Asset, Useful Life | 6 years | |||||||||||||||||||
|
X | ||||||||||
- Definition In-process research and development placed in service during the period No definition available.
|
X | ||||||||||
- Definition Weighted average amortization period of finite-lived intangible assets acquired either individually or as part of a group of assets, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Definition Amount of consideration transferred, consisting of acquisition-date fair value of assets transferred by the acquirer, liabilities incurred by the acquirer, and equity interest issued by the acquirer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Costs incurred to effect a business combination which have been expensed during the period. Such costs could include business integration costs, systems integration and conversion costs, and severance and other employee-related costs. No definition available.
|
X | ||||||||||
- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions, acquired at the acquisition date. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Useful life of finite-lived intangible assets, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. No definition available.
|
X | ||||||||||
- Definition Amount of increase (decrease) in carrying value of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. No definition available.
|
X | ||||||||||
- Definition Amount of increase in assets, excluding financial assets, lacking physical substance with a definite life, from an acquisition. No definition available.
|
X | ||||||||||
- Definition Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of increase (decrease) from adjustments after acquisition date under purchase accounting of an asset representing the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Price of a single share of a number of saleable stocks of a company. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Goodwill and Intangible Assets (Details) - USD ($) $ in Thousands |
12 Months Ended | ||||||
---|---|---|---|---|---|---|---|
Mar. 31, 2018 |
Apr. 01, 2017 |
Apr. 02, 2016 |
|||||
Goodwill [Roll Forward] | |||||||
Goodwill, Beginning Balance | $ 2,173,914 | $ 2,135,697 | [1] | ||||
Goodwill, Purchase Accounting Adjustments | 38,217 | ||||||
Goodwill, Ending Balance | 2,173,889 | [1] | 2,173,914 | ||||
Goodwill, accumulated impairment losses and write-offs | 621,600 | 621,600 | $ 621,600 | ||||
Mobile Products | |||||||
Goodwill [Roll Forward] | |||||||
Goodwill, Beginning Balance | 1,751,503 | 1,751,503 | |||||
Goodwill, Purchase Accounting Adjustments | 0 | ||||||
Goodwill, Ending Balance | 1,751,503 | 1,751,503 | |||||
Infrastructure and Defense Products | |||||||
Goodwill [Roll Forward] | |||||||
Goodwill, Beginning Balance | 422,411 | 384,194 | |||||
Goodwill, Purchase Accounting Adjustments | 38,217 | ||||||
Goodwill, Ending Balance | 422,386 | 422,411 | |||||
GreenPeak | |||||||
Goodwill [Roll Forward] | |||||||
Goodwill, Beginning Balance | 38,200 | ||||||
Goodwill, Acquired During Period | (25) | ||||||
Goodwill, Ending Balance | $ 38,200 | ||||||
GreenPeak | Mobile Products | |||||||
Goodwill [Roll Forward] | |||||||
Goodwill, Acquired During Period | 0 | ||||||
GreenPeak | Infrastructure and Defense Products | |||||||
Goodwill [Roll Forward] | |||||||
Goodwill, Acquired During Period | $ (25) | ||||||
|
X | ||||||||||
- Definition Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of increase in asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized resulting from a business combination. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of accumulated impairment loss for an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of increase (decrease) from adjustments after acquisition date under purchase accounting of an asset representing the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Goodwill and Intangible Assets (Details 1) - USD ($) $ in Thousands |
Mar. 31, 2018 |
Apr. 01, 2017 |
---|---|---|
Gross carrying amounts and amortization of intangibles | ||
Accumulated Amortization | $ 1,711,520 | $ 1,172,222 |
Gross Carrying Amount | 2,571,856 | 2,572,785 |
Technology licenses | ||
Gross carrying amounts and amortization of intangibles | ||
Gross Carrying Amount | 12,379 | 13,346 |
Accumulated Amortization | 11,904 | 11,711 |
Noncompete Agreements [Member] | ||
Gross carrying amounts and amortization of intangibles | ||
Gross Carrying Amount | 1,026 | 1,026 |
Accumulated Amortization | 983 | 470 |
Customer Relationships | ||
Gross carrying amounts and amortization of intangibles | ||
Gross Carrying Amount | 1,272,725 | 1,272,725 |
Accumulated Amortization | 936,175 | 656,688 |
Developed Technology | ||
Gross carrying amounts and amortization of intangibles | ||
Gross Carrying Amount | 1,246,335 | 1,209,335 |
Accumulated Amortization | 733,081 | 481,441 |
Trade Names | ||
Gross carrying amounts and amortization of intangibles | ||
Gross Carrying Amount | 29,391 | 29,353 |
Accumulated Amortization | 29,377 | 21,912 |
In-process research and development | ||
Gross carrying amounts and amortization of intangibles | ||
Gross Carrying Amount | $ 10,000 | $ 47,000 |
X | ||||||||||
- Definition Accumulated amount of amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount before amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Amount of assets, excluding financial assets and goodwill, lacking physical substance and having a projected indefinite period of benefit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount before accumulated amortization of intangible assets, excluding goodwill. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Goodwill and Intangible Assets (Details 2) $ in Thousands |
Mar. 31, 2018
USD ($)
|
---|---|
Estimated Amortization Expense | |
2019 | $ 455,000 |
2020 | 207,000 |
2021 | 155,000 |
2022 | 28,000 |
2023 | $ 12,000 |
X | ||||||||||
- Definition Amount of amortization expense for assets, excluding financial assets and goodwill, lacking physical substance with a finite life expected to be recognized during the next fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of amortization expense for assets, excluding financial assets and goodwill, lacking physical substance with a finite life expected to be recognized during the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of amortization expense for assets, excluding financial assets and goodwill, lacking physical substance with a finite life expected to be recognized during the fourth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of amortization expense for assets, excluding financial assets and goodwill, lacking physical substance with a finite life expected to be recognized during the third fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of amortization expense for assets, excluding financial assets and goodwill, lacking physical substance with a finite life expected to be recognized during the second fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
Goodwill and Intangible Assets (Details 3) - USD ($) $ in Thousands |
12 Months Ended | ||
---|---|---|---|
Mar. 31, 2018 |
Apr. 01, 2017 |
Apr. 02, 2016 |
|
Goodwill and Intangible Assets [Line Items] | |||
Intangible assets amortization (Note 7) | $ 539,790 | $ 494,752 | $ 494,589 |
X | ||||||||||
- Definition The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
Goodwill and Intangible Assets (Details Textual) - USD ($) $ in Thousands |
3 Months Ended | 12 Months Ended | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Apr. 29, 2016 |
Mar. 28, 2015 |
Mar. 31, 2018 |
Apr. 01, 2017 |
Apr. 02, 2016 |
Mar. 28, 2015 |
Jan. 01, 2015 |
|||||
Goodwill and Intangible Assets [Line Items] | |||||||||||
Goodwill | $ 2,173,889 | [1] | $ 2,173,914 | $ 2,135,697 | [1] | ||||||
Intangible assets amortization (Note 6) | 539,790 | 494,752 | 494,589 | ||||||||
In-process research and development placed in service | 37,000 | ||||||||||
In-process research and development | |||||||||||
Goodwill and Intangible Assets [Line Items] | |||||||||||
Intangible assets | 10,000 | 47,000 | |||||||||
Remaining research and development costs | 10,000 | ||||||||||
GreenPeak | |||||||||||
Goodwill and Intangible Assets [Line Items] | |||||||||||
Finite-lived Intangible Assets Acquired | 82,100 | ||||||||||
Goodwill | 38,200 | ||||||||||
GreenPeak | Developed Technology | |||||||||||
Goodwill and Intangible Assets [Line Items] | |||||||||||
Finite-lived Intangible Assets Acquired | $ 74,200 | ||||||||||
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life | 7 years | ||||||||||
GreenPeak | Customer Relationships | |||||||||||
Goodwill and Intangible Assets [Line Items] | |||||||||||
Finite-lived Intangible Assets Acquired | $ 5,600 | ||||||||||
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life | 3 years | ||||||||||
TriQuint Merger | |||||||||||
Goodwill and Intangible Assets [Line Items] | |||||||||||
Goodwill | $ 2,036,700 | ||||||||||
Finite-Lived Intangible Assets, Period Increase (Decrease) | $ 2,394,000 | ||||||||||
TriQuint Merger | Developed Technology | |||||||||||
Goodwill and Intangible Assets [Line Items] | |||||||||||
Finite-Lived Intangible Assets, Period Increase (Decrease) | 610,000 | ||||||||||
TriQuint Merger | Customer Relationships | |||||||||||
Goodwill and Intangible Assets [Line Items] | |||||||||||
Finite-Lived Intangible Assets, Period Increase (Decrease) | 1,220,000 | ||||||||||
TriQuint Merger | In-process research and development | |||||||||||
Goodwill and Intangible Assets [Line Items] | |||||||||||
Indefinite-lived Intangible Assets, Period Increase (Decrease) | $ 470,000 | ||||||||||
Finite-Lived Intangible Assets, Period Increase (Decrease) | $ 470,000 | ||||||||||
In-process research and development placed in service | 460,000 | ||||||||||
Mobile Products | |||||||||||
Goodwill and Intangible Assets [Line Items] | |||||||||||
Goodwill | 1,751,503 | 1,751,503 | 1,751,503 | ||||||||
Mobile Products | TriQuint Merger | |||||||||||
Goodwill and Intangible Assets [Line Items] | |||||||||||
Goodwill | 1,745,500 | ||||||||||
Infrastructure and Defense Products | |||||||||||
Goodwill and Intangible Assets [Line Items] | |||||||||||
Goodwill | 422,386 | $ 422,411 | $ 384,194 | ||||||||
Infrastructure and Defense Products | TriQuint Merger | |||||||||||
Goodwill and Intangible Assets [Line Items] | |||||||||||
Goodwill | $ 291,200 | ||||||||||
Minimum | |||||||||||
Goodwill and Intangible Assets [Line Items] | |||||||||||
Remaining research and development costs | $ 1,000 | ||||||||||
Minimum | Developed Technology | |||||||||||
Goodwill and Intangible Assets [Line Items] | |||||||||||
Finite-Lived Intangible Asset, Useful Life | 4 years | 3 years | |||||||||
Minimum | Customer Relationships | |||||||||||
Goodwill and Intangible Assets [Line Items] | |||||||||||
Finite-Lived Intangible Asset, Useful Life | 4 years | 3 years | |||||||||
Minimum | Transferred and in service in-process research and development | |||||||||||
Goodwill and Intangible Assets [Line Items] | |||||||||||
Finite-Lived Intangible Asset, Useful Life | 4 years | ||||||||||
Maximum | |||||||||||
Goodwill and Intangible Assets [Line Items] | |||||||||||
Remaining research and development costs | $ 2,000 | ||||||||||
Maximum | Developed Technology | |||||||||||
Goodwill and Intangible Assets [Line Items] | |||||||||||
Finite-Lived Intangible Asset, Useful Life | 6 years | 6 years | |||||||||
Maximum | Customer Relationships | |||||||||||
Goodwill and Intangible Assets [Line Items] | |||||||||||
Finite-Lived Intangible Asset, Useful Life | 6 years | 10 years | |||||||||
Maximum | Transferred and in service in-process research and development | |||||||||||
Goodwill and Intangible Assets [Line Items] | |||||||||||
Finite-Lived Intangible Asset, Useful Life | 6 years | ||||||||||
|
X | ||||||||||
- Definition In-process research and development placed in service during the period No definition available.
|
X | ||||||||||
- Definition Remaining estimated research and development costs to complete No definition available.
|
X | ||||||||||
- Definition Weighted average amortization period of finite-lived intangible assets acquired either individually or as part of a group of assets, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Useful life of finite-lived intangible assets, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. No definition available.
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Definition Amount of increase (decrease) in carrying value of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. No definition available.
|
X | ||||||||||
- Definition Amount of increase in assets, excluding financial assets, lacking physical substance with a definite life, from an acquisition. No definition available.
|
X | ||||||||||
- Definition Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of assets, excluding financial assets and goodwill, lacking physical substance and having a projected indefinite period of benefit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of increase (decrease) of assets, excluding financial assets and goodwill, lacking physical substance and having a projected indefinite period of benefit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Debt (Details) - USD ($) $ in Thousands |
12 Months Ended | |
---|---|---|
Mar. 31, 2018 |
Apr. 01, 2017 |
|
Debt Instrument [Line Items] | ||
Document Period End Date | Mar. 31, 2018 | |
Long-term debt (Note 8) | $ 983,290 | $ 989,154 |
Unamortized Debt Issuance Expense | 9,674 | 10,846 |
6.75% Senior Notes due 2023 | ||
Debt Instrument [Line Items] | ||
Long-term debt (Note 8) | 444,464 | 450,000 |
7.00% Senior Notes due 2025 | ||
Debt Instrument [Line Items] | ||
Long-term debt (Note 8) | $ 548,500 | $ 550,000 |
X | ||||||||||
- Definition The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD. No definition available.
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Definition Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The remaining balance of debt issuance expenses that were capitalized and are being amortized against income over the lives of the respective bond issues. This does not include the amounts capitalized as part of the cost of the utility plant or asset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
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Debt (Details Textual) $ in Thousands |
1 Months Ended | 12 Months Ended | ||||
---|---|---|---|---|---|---|
Dec. 05, 2017
USD ($)
|
Mar. 31, 2018
USD ($)
|
Mar. 31, 2018
USD ($)
|
Apr. 01, 2017
USD ($)
|
Apr. 02, 2016
USD ($)
|
Nov. 19, 2015
USD ($)
|
|
Debt Instrument [Line Items] | ||||||
Document Period End Date | Mar. 31, 2018 | |||||
Interest paid | $ 70,208 | $ 71,171 | $ 2,164 | |||
Net carrying amount of debt | $ 983,290 | 983,290 | 989,154 | |||
Proceeds from debt issuances | $ 100,000 | 0 | 1,175,000 | |||
Document Fiscal Year Focus | 2018 | |||||
Senior Notes | ||||||
Debt Instrument [Line Items] | ||||||
Interest Expense, Borrowings | 69,900 | 25,800 | ||||
Interest Costs Capitalized | 13,600 | $ 5,200 | ||||
Interest paid | $ 68,900 | 71,200 | ||||
6.75% Senior Notes due 2023 | ||||||
Debt Instrument [Line Items] | ||||||
Debt Instrument, Face Amount | $ 450,000 | |||||
Debt Instrument, Interest Rate, Stated Percentage | 6.75% | 6.75% | ||||
Debt Instrument, Redemption Price, Percentage of Principal Amount Redeemed | 35.00% | |||||
Debt Instrument, Redemption Price, Percentage | 106.75% | |||||
Repayments of Senior Debt | $ 5,500 | |||||
Senior notes, redemption percentage, actual | 107.50% | |||||
Long-term Debt, Fair Value | $ 474,500 | $ 474,500 | 489,400 | |||
Net carrying amount of debt | $ 444,464 | $ 444,464 | 450,000 | |||
7.00% Senior Notes due 2025 | ||||||
Debt Instrument [Line Items] | ||||||
Debt Instrument, Face Amount | $ 550,000 | |||||
Debt Instrument, Interest Rate, Stated Percentage | 7.00% | 7.00% | ||||
Debt Instrument, Redemption Price, Percentage of Principal Amount Redeemed | 35.00% | |||||
Debt Instrument, Redemption Price, Percentage | 107.00% | |||||
Repayments of Senior Debt | $ 1,500 | |||||
Senior notes, redemption percentage, actual | 109.50% | |||||
Long-term Debt, Fair Value | $ 596,500 | $ 596,500 | 607,800 | |||
Net carrying amount of debt | $ 548,500 | 548,500 | $ 550,000 | |||
Senior Delayed Draw Term Loan | ||||||
Debt Instrument [Line Items] | ||||||
Interest paid | 700 | |||||
Senior Notes and Senior Delayed Draw Term Loan [Member] | ||||||
Debt Instrument [Line Items] | ||||||
Interest Expense, Borrowings | 70,500 | |||||
Interest Costs Capitalized | $ 13,600 | |||||
Bank of America Syndicate [Member] | Credit Agreement | ||||||
Debt Instrument [Line Items] | ||||||
Line of Credit Facility, Maximum Consolidated Total Leverage Ratio Allowed | 3.0 | 3.0 | ||||
Permitted acquisition amount for increase in leverage ratio | $ 300,000 | $ 300,000 | ||||
Line of credit facility, maximum consolidated total leverage ratio allowed, with permitted acquisition | 3.5 | 3.5 | ||||
Line of Credit Facility, Minimum Consolidated Interest Coverage Ratio Required | 3.0 | 3.0 | ||||
Bank of America Syndicate [Member] | Revolving Credit Facility | Credit Agreement | ||||||
Debt Instrument [Line Items] | ||||||
Net carrying amount of debt | $ 0 | $ 0 | ||||
Line of Credit Facility, Maximum Borrowing Capacity | $ 300,000 | |||||
Line of Credit Facility, Maximum amount of increase that may be requested | 300,000 | |||||
Bank of America Syndicate [Member] | Senior Delayed Draw Term Loan | Credit Agreement | ||||||
Debt Instrument [Line Items] | ||||||
Senior Delayed Draw Term Loan, Maximum Amount | 400,000 | |||||
Proceeds from debt issuances | 100,000 | |||||
Bank of America Syndicate [Member] | Standby Letters of Credit | Credit Agreement | ||||||
Debt Instrument [Line Items] | ||||||
Line of Credit Facility, Maximum Borrowing Capacity | 25,000 | |||||
Bank of America Syndicate [Member] | Swingline Loan | Credit Agreement | ||||||
Debt Instrument [Line Items] | ||||||
Line of Credit Facility, Maximum Borrowing Capacity | $ 10,000 | |||||
Bank of America Syndicate [Member] | Federal Funds Rate [Member] | Credit Agreement | ||||||
Debt Instrument [Line Items] | ||||||
Debt Instrument, Basis Spread on Variable Rate | 0.50% | |||||
Bank of America Syndicate [Member] | Eurodollar [Member] | Credit Agreement | ||||||
Debt Instrument [Line Items] | ||||||
Debt Instrument, Basis Spread on Variable Rate | 1.00% | |||||
Bank of America Syndicate [Member] | Default rate increase [Member] | Credit Agreement | ||||||
Debt Instrument [Line Items] | ||||||
Debt Instrument, Basis Spread on Variable Rate | 2.00% | |||||
Maximum | Bank of America Syndicate [Member] | Eurodollar [Member] | Credit Agreement | ||||||
Debt Instrument [Line Items] | ||||||
Debt Instrument, Interest Rate, Stated Percentage | 1.375% | 1.375% | ||||
Maximum | Bank of America Syndicate [Member] | Base Rate [Member] | Credit Agreement | ||||||
Debt Instrument [Line Items] | ||||||
Debt Instrument, Interest Rate, Stated Percentage | 0.375% | 0.375% | ||||
Minimum | Bank of America Syndicate [Member] | Eurodollar [Member] | Credit Agreement | ||||||
Debt Instrument [Line Items] | ||||||
Debt Instrument, Interest Rate, Stated Percentage | 1.125% | 1.125% | ||||
Minimum | Bank of America Syndicate [Member] | Base Rate [Member] | Credit Agreement | ||||||
Debt Instrument [Line Items] | ||||||
Debt Instrument, Interest Rate, Stated Percentage | 0.125% | 0.125% |
X | ||||||||||
- Definition This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006. No definition available.
|
X | ||||||||||
- Definition The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD. No definition available.
|
X | ||||||||||
- Definition Line of Credit Facility, Maximum amount of increase that may be requested No definition available.
|
X | ||||||||||
- Definition Line of Credit Facility, Maximum Consolidated Total Leverage Ratio Allowed No definition available.
|
X | ||||||||||
- Definition Line of Credit Facility, Minimum Consolidated Interest Coverage Ratio Required No definition available.
|
X | ||||||||||
- Definition Line of credit facility, maximum consolidated total leverage ratio allowed, with permitted acquisition No definition available.
|
X | ||||||||||
- Definition Permitted acquisition amount for increase in leverage ratio No definition available.
|
X | ||||||||||
- Definition Senior Delayed Draw Term Loan, Maximum Amount No definition available.
|
X | ||||||||||
- Definition Senior notes, redemption percentage, actual No definition available.
|
X | ||||||||||
- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. No definition available.
|
X | ||||||||||
- Definition Face (par) amount of debt instrument at time of issuance. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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X | ||||||||||
- Definition Percentage price of original principal amount of debt at which debt can be redeemed by the issuer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Percentage of principal amount of debt redeemed. No definition available.
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X | ||||||||||
- Definition Amount of interest capitalized during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Aggregate amount of interest expense on all borrowings. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of cash paid for interest. Includes, but is not limited to, payment to settle zero-coupon bond attributable to accreted interest of debt discount and debt instrument with insignificant coupon interest rate in relation to effective interest rate of borrowing attributable to accreted interest of debt discount. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The fair value amount of long-term debt whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. No definition available.
|
X | ||||||||||
- Definition The net cash inflow or outflow in aggregate debt due to repayments and proceeds from additional borrowings. No definition available.
|
X | ||||||||||
- Definition The cash outflow for a long-term debt where the holder has highest claim on the entity's asset in case of bankruptcy or liquidation during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Retirement Benefit Plans (Details) $ in Millions |
12 Months Ended | ||
---|---|---|---|
Mar. 31, 2018
USD ($)
|
Apr. 01, 2017
USD ($)
|
Apr. 02, 2016
USD ($)
|
|
U. S. Defined Contribution Plan [Member] | |||
Retirement Benefit Plan (Textual) | |||
Defined Contribution Plan, Company Contribution Amount | $ 14.0 | $ 11.5 | $ 11.7 |
Non-Qualified Deferred Compensation Plan [Member] | |||
Retirement Benefit Plan (Textual) | |||
Assets held in rabbi trust | 14.3 | 10.2 | |
Assets held in rabbi trust, current | 1.0 | 0.7 | |
Assets held in rabbi trust, noncurrent | 13.3 | 9.5 | |
Foreign Plan [Member] | |||
Retirement Benefit Plan (Textual) | |||
Defined benefit plan insurance receivable | 4.0 | 3.3 | |
Defined Benefit Pension Plan, Benefit Obligation | 12.7 | 11.4 | |
Defined Benefit Pension Plan, Net Periodic Benefit Cost | $ 0.7 | $ 0.6 | $ 0.8 |
Number of retirement benefit plans offered by the Company | 2 |
X | ||||||||||
- Definition Defined benefit plan insurance receivable No definition available.
|
X | ||||||||||
- Definition Number of retirement benefit plans offered by the Company No definition available.
|
X | ||||||||||
- Definition Retirement Benefit Plan. No definition available.
|
X | ||||||||||
- Definition The total amount of cash and securities held by third party trustees pursuant to terms of debt instruments or other agreements as of the date of each statement of financial position presented, which can be used by the trustee only to pay the noncurrent portion of specified obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of cash, securities, or other assets held by a third-party trustee pursuant to the terms of an agreement which assets are available to be used by beneficiaries to that agreement only within the specific terms thereof and which agreement is expected to terminate within one year of the balance sheet date (or operating cycle, if longer) at which time the assets held-in-trust will be released or forfeited. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of cash, securities, or other assets held by a third-party trustee pursuant to the terms of an agreement which assets are available to be used by beneficiaries to that agreement only within the specific terms thereof and which agreement is expected to terminate more than one year from the balance sheet date (or operating cycle, if longer) at which time the assets held-in-trust will be released or forfeited. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of actuarial present value of benefits attributed to service rendered by employee for defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of net periodic benefit cost (credit) for defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of discretionary contributions made by an employer to a defined contribution plan. No definition available.
|
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X | ||||||||||
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|
Commitments and Contingent Liabilities (Details) $ in Thousands |
Mar. 31, 2018
USD ($)
|
---|---|
Schedule of Operating Lease Future Minimum Lease Payments [Line Items] | |
Operating Leases due 2019 | $ 12,490 |
Operating Leases due 2020 | 11,429 |
Operating Leases due 2021 | 10,469 |
Operating Leases due 2022 | 8,577 |
Operating Leases due 2023 | 7,163 |
Operating Leases due Thereafter | 18,454 |
Total operating minimum payment | 68,582 |
Capital Lease due 2019 | 0 |
Capital Lease due 2020 | 1,047 |
Capital Lease due 2021 | 1,047 |
Capital Lease due 2022 | 1,047 |
Capital Lease due 2023 | 1,047 |
Capital Lease due Thereafter | 48,243 |
Total capital lease minimum payment | 52,431 |
Total Leases due 2019 | 12,490 |
Total Leases due 2020 | 12,476 |
Total Leases due 2021 | 11,516 |
Total Leases due 2022 | 9,624 |
Total Leases due 2023 | 8,210 |
Total Leases due Thereafter | 66,697 |
Total minimum payment | $ 121,013 |
X | ||||||||||
- Definition [Line Items] for Schedule of Capital and Opearting Lease Future Minimum Lease Payments [Table] No definition available.
|
X | ||||||||||
- Definition Total Leases, Future Minimum Lease Payments Due, Current No definition available.
|
X | ||||||||||
- Definition Total Leases, Future Minimum Payments Due No definition available.
|
X | ||||||||||
- Definition Total Leases, Future Minimum Payments, Due Thereafter No definition available.
|
X | ||||||||||
- Definition Total Leases, Future Minimum Payments, Due in Five Years No definition available.
|
X | ||||||||||
- Definition Total Leases, Future Minimum Payments, Due in Four Years No definition available.
|
X | ||||||||||
- Definition Total Leases, Future Minimum Payments, Due in Three Years No definition available.
|
X | ||||||||||
- Definition Total Leases, Future Minimum Payments, Due in Two Years No definition available.
|
X | ||||||||||
- Definition Amount of minimum lease payments for capital leases. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of minimum lease payments for capital leases due in the next fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of minimum lease payments for capital leases due in the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of minimum lease payments for capital leases due in the fourth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of minimum lease payments for capital leases due in the third fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of minimum lease payments for capital leases due in the second fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of minimum lease payments for capital leases due after the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of required minimum rental payments for leases having an initial or remaining non-cancelable letter-terms in excess of one year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of required minimum rental payments for operating leases having an initial or remaining non-cancelable lease term in excess of one year due in the next fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of required minimum rental payments for operating leases having an initial or remaining non-cancelable lease term in excess of one year due in the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of required minimum rental payments for operating leases having an initial or remaining non-cancelable lease term in excess of one year due in the fourth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of required minimum rental payments for operating leases having an initial or remaining non-cancelable lease term in excess of one year due in the third fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of required minimum rental payments for operating leases having an initial or remaining non-cancelable lease term in excess of one year due in the second fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of required minimum rental payments for operating leases having an initial or remaining non-cancelable lease term in excess of one year due after the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Commitments and Contingent Liabilities (Details Textual) $ in Thousands |
12 Months Ended | ||
---|---|---|---|
Mar. 31, 2018
USD ($)
period
|
Apr. 01, 2017
USD ($)
|
Apr. 02, 2016
USD ($)
|
|
Commitments and Contingent Liabilities (Textual) | |||
Total future minimum lease payments | $ 68,582 | ||
Rent expense under operating leases | $ 16,300 | $ 14,800 | $ 14,200 |
Capital Lease Term | 5 years | ||
Maximum | |||
Commitments and Contingent Liabilities (Textual) | |||
Capital Lease Term | 30 years | ||
Facility | |||
Commitments and Contingent Liabilities (Textual) | |||
Number of renewal periods for operating leases | period | 2 | ||
Operating lease renewal period | 10 years | ||
Equipment | Minimum | |||
Commitments and Contingent Liabilities (Textual) | |||
Operating Leases, remaining terms | 1 year | ||
Equipment | Maximum | |||
Commitments and Contingent Liabilities (Textual) | |||
Operating Leases, remaining terms | 4 years |
X | ||||||||||
- Definition Commitments and contingent liabilities. No definition available.
|
X | ||||||||||
- Definition Number of renewal periods. No definition available.
|
X | ||||||||||
- Definition Term of lessee's finance lease, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Term of lessee's operating lease renewal, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Term of lessee's operating lease, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of required minimum rental payments for leases having an initial or remaining non-cancelable letter-terms in excess of one year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Rental expense for the reporting period incurred under operating leases, including minimum and any contingent rent expense, net of related sublease income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Restructuring (Details) - USD ($) $ in Millions |
3 Months Ended | 12 Months Ended | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Mar. 31, 2018 |
Dec. 30, 2017 |
Sep. 30, 2017 |
Jul. 01, 2017 |
Apr. 01, 2017 |
Dec. 31, 2016 |
Oct. 01, 2016 |
Jul. 02, 2016 |
Mar. 31, 2018 |
Apr. 01, 2017 |
Apr. 02, 2016 |
|
Restructuring Cost and Reserve [Line Items] | |||||||||||
Asset Impairment Charges | $ 46.3 | ||||||||||
Restructuring costs | $ 41.5 | $ 15.2 | $ 10.5 | $ 0.5 | $ 0.4 | $ 0.4 | $ 0.5 | $ 0.8 | $ 67.7 | ||
Document Period End Date | Mar. 31, 2018 | ||||||||||
Restructuring and Related Cost, Expected Cost Remaining | 0.9 | $ 0.9 | |||||||||
Business combination [Member] | |||||||||||
Restructuring Cost and Reserve [Line Items] | |||||||||||
Restructuring costs | 2.7 | $ 2.1 | $ 10.2 | ||||||||
Employee termination benefits | |||||||||||
Restructuring Cost and Reserve [Line Items] | |||||||||||
Restructuring costs | 18.3 | ||||||||||
Accrued Liabilities [Member] | Employee termination benefits | |||||||||||
Restructuring Cost and Reserve [Line Items] | |||||||||||
Restructuring obligations | 6.1 | 1.6 | 6.1 | 1.6 | |||||||
Other Noncurrent Liabilities [Member] | Lease obligations | |||||||||||
Restructuring Cost and Reserve [Line Items] | |||||||||||
Restructuring obligations | $ 2.6 | $ 2.1 | $ 2.6 | $ 2.1 |
X | ||||||||||
- Definition The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD. No definition available.
|
X | ||||||||||
- Definition Amount of write-down of assets recognized in the income statement. Includes, but is not limited to, losses from tangible assets, intangible assets and goodwill. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of expected cost remaining for the specified restructuring cost. No definition available.
|
X | ||||||||||
- Definition Amount of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Definition Carrying amount (including both current and noncurrent portions of the accrual) as of the balance sheet date pertaining to a specified type of cost associated with exit from or disposal of business activities or restructuring pursuant to a duly authorized plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Income Taxes (Details) - USD ($) $ in Thousands |
12 Months Ended | ||
---|---|---|---|
Mar. 31, 2018 |
Apr. 01, 2017 |
Apr. 02, 2016 |
|
Income Tax Disclosure [Abstract] | |||
Document Fiscal Year Focus | 2018 | ||
Income (loss) before income taxes | |||
United States | $ (151,083) | $ 2,439 | $ (35,923) |
Foreign | 168,228 | 24,866 | 33,061 |
Income (loss) before income taxes | $ 17,145 | $ 27,305 | $ (2,862) |
X | ||||||||||
- Definition This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006. No definition available.
|
X | ||||||||||
- Definition The portion of earnings or loss from continuing operations before income taxes that is attributable to domestic operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The portion of earnings or loss from continuing operations before income taxes that is attributable to foreign operations, which is defined as Income or Loss generated from operations located outside the entity's country of domicile. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of income (loss) from continuing operations before deduction of income tax expense (benefit) and income (loss) attributable to noncontrolling interest, and addition of income (loss) from equity method investments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- References No definition available.
|
Income Taxes (Details 1) - USD ($) $ in Thousands |
3 Months Ended | 12 Months Ended | ||||||||
---|---|---|---|---|---|---|---|---|---|---|
Mar. 31, 2018 |
Dec. 30, 2017 |
Apr. 01, 2017 |
Dec. 31, 2016 |
Mar. 31, 2018 |
Apr. 01, 2017 |
Apr. 02, 2016 |
||||
Income Tax Disclosure [Abstract] | ||||||||||
Document Fiscal Year Focus | 2018 | |||||||||
Current (expense) benefit: | ||||||||||
Federal | $ (28,168) | $ (23,835) | $ (4,285) | |||||||
State | (229) | (476) | (541) | |||||||
Foreign | (61,284) | (47,579) | (33,346) | |||||||
Total current (expense) benefit | (89,681) | (71,890) | (38,172) | |||||||
Deferred (expense) benefit: | ||||||||||
Federal | 11,817 | 2,762 | 27,794 | |||||||
State | 253 | 3,659 | (31,229) | [1] | ||||||
Foreign | 20,178 | 21,606 | 15,624 | |||||||
Total deferred (expense) benefit | 32,248 | 28,027 | 12,189 | |||||||
Total | $ 31,200 | $ (98,500) | $ 93,200 | $ (123,200) | $ (57,433) | $ (43,863) | $ (25,983) | |||
|
X | ||||||||||
- Definition This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006. No definition available.
|
X | ||||||||||
- Definition Amount of current federal tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of current foreign income tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of current income tax expense (benefit) pertaining to taxable income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Amount of current state and local tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of deferred federal income tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of deferred foreign income tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of deferred income tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Amount of deferred state and local tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Income Taxes (Details 2) - USD ($) $ in Thousands |
3 Months Ended | 12 Months Ended | |||||
---|---|---|---|---|---|---|---|
Mar. 31, 2018 |
Dec. 30, 2017 |
Apr. 01, 2017 |
Dec. 31, 2016 |
Mar. 31, 2018 |
Apr. 01, 2017 |
Apr. 02, 2016 |
|
ReconciliationOfProvisionOfIncomeTaxes [Line Items] | |||||||
Document Fiscal Year Focus | 2018 | ||||||
Income tax expense at statutory federal rate | $ (5,407) | $ (9,557) | $ 1,002 | ||||
Income tax expense at statutory federal rate, Percentage | 31.54% | 35.00% | 35.00% | ||||
Decrease (increase) resulting from: | |||||||
State benefit (provision), net of federal (provision) benefit | $ 474 | $ (662) | $ (1,320) | ||||
State benefit (provision), net of federal (provision) benefit, Percentage | (2.77%) | 2.42% | (46.14%) | ||||
Research and development credits | $ 38,054 | $ 15,352 | $ 15,459 | ||||
Research and development credits, Percentage | (221.95%) | (56.22%) | 540.21% | ||||
Effect of changes in income tax rate applied to net deferred tax assets | $ 39,168 | $ 1,163 | $ (2,716) | ||||
Effect of changes in income tax rate applied to net deferred tax assets, Percentage | (228.45%) | (4.26%) | (94.92%) | ||||
Foreign tax rate difference | $ 21,829 | $ (11,298) | $ 4,114 | ||||
Foreign tax rate difference, Percentage | (127.32%) | 41.38% | 143.77% | ||||
Foreign permanent differences, amount | $ (2,598) | $ (8,432) | $ (1,700) | ||||
Foreign permanent differences, percent | 15.15% | 30.88% | (59.40%) | ||||
Change in valuation allowance | $ (1,632) | $ 1,363 | $ (25,120) | ||||
Change in valuation allowance, Percentage | 9.52% | (4.99%) | (877.84%) | ||||
Stock-based compensation | $ 9,924 | $ (3,228) | $ (5,362) | ||||
Share-based compensation, Percentage | (57.88%) | 11.82% | (187.37%) | ||||
Tax reserve adjustments | $ (29,188) | $ (21,789) | $ (8,699) | ||||
Tax reserve adjustments, Percentage | 170.24% | 79.80% | (303.99%) | ||||
Deemed dividend | $ (5,098) | $ (6,989) | $ (3,984) | ||||
Deemed Dividend, Percentage | 29.73% | 25.60% | (139.21%) | ||||
U.S. Tax Toll Charge | $ (116,419) | $ 0 | $ 0 | ||||
U.S. Tax Toll Charge, Percent | 679.03% | 0.00% | 0.00% | ||||
Intra-entity transfer | $ (6,873) | $ 0 | $ 0 | ||||
Intra-entity transfer, percent | 40.09% | 0.00% | 0.00% | ||||
Other income tax benefit (expense) | $ 333 | $ 214 | $ 2,343 | ||||
Other income tax benefit (expense), Percentage | (1.94%) | (0.79%) | 81.89% | ||||
Total | $ 31,200 | $ (98,500) | $ 93,200 | $ (123,200) | $ (57,433) | $ (43,863) | $ (25,983) |
Total, Percentage | 334.99% | 160.64% | (908.00%) |
X | ||||||||||
- Definition This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006. No definition available.
|
X | ||||||||||
- Definition Decrease (increase) resulting from. No definition available.
|
X | ||||||||||
- Definition Effective income tax rate reconciliation deemed dividend. No definition available.
|
X | ||||||||||
- Definition Effective Income Tax Rate Reconciliation, Intra-Entity Transfer, Amount No definition available.
|
X | ||||||||||
- Definition Effective Income Tax Rate Reconciliation, Intra-Entity Transfers, Percent No definition available.
|
X | ||||||||||
- Definition Effective Income Tax Rate Reconciliation, U.S. Tax Toll Charge No definition available.
|
X | ||||||||||
- Definition Effective Income Tax Rate Reconciliation, U.S. Tax Toll Charge, Percent No definition available.
|
X | ||||||||||
- Definition Effective income tax rate reconciliation, foreign permanent differences, amount No definition available.
|
X | ||||||||||
- Definition Effective income tax rate reconciliation, foreign permanent differences, percent No definition available.
|
X | ||||||||||
- Definition Income tax reconciliation deemed dividend. No definition available.
|
X | ||||||||||
- Definition [Line Items] for ReconciliationOfProvisionOfIncomeTaxes [Table] No definition available.
|
X | ||||||||||
- Definition Percentage of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Percentage of domestic federal statutory tax rate applicable to pretax income (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to changes in the valuation allowance for deferred tax assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to changes in the income tax rates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations applicable to statutory income tax expense (benefit) outside of the country of domicile. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to equity-based compensation costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to other adjustments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations applicable to state and local income tax expense (benefit), net of federal tax expense (benefit). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to income tax contingencies. Includes, but not limited to, domestic tax contingency, foreign tax contingency, state and local tax contingency, and other contingencies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to research tax credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to increase (decrease) in the valuation allowance for deferred tax assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations, attributable to increase (decrease) in the income tax rates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to foreign income tax expense (benefit). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The amount of income tax expense or benefit for the period computed by applying the domestic federal statutory tax rates to pretax income from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to nondeductible equity-based compensation costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to other adjustments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to state and local income tax expense (benefit). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to increase (decrease) in income tax contingencies. Including, but not limited to, domestic tax contingency, foreign tax contingency, state and local tax contingency, and other contingencies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to research tax credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Income Taxes (Details 3) - USD ($) $ in Thousands |
Mar. 31, 2018 |
Apr. 01, 2017 |
---|---|---|
Deferred income tax assets: | ||
Inventory reserve | $ 9,894 | $ 15,599 |
Equity compensation | 37,724 | 83,333 |
Net operating loss carry-forwards | 50,128 | 40,575 |
Research and other credits | 39,513 | 92,793 |
Employee benefits | 12,842 | 13,247 |
Other deferred assets | 16,620 | 23,355 |
Total deferred income tax assets | 166,721 | 268,902 |
Valuation allowance | (42,787) | (33,104) |
Total deferred income tax assets, net of valuation allowance | 123,934 | 235,798 |
Deferred income tax liabilities: | ||
Amortization and purchase accounting basis difference | (101,261) | (258,422) |
Accumulated depreciation/basis difference | (63,363) | (91,337) |
Total deferred tax liabilities | 164,624 | 349,759 |
Amounts included in consolidated balance sheets: | ||
Non-current assets | 22,394 | 17,550 |
Non-current liabilities | (63,084) | (131,511) |
Total deferred income tax liabilities | $ (40,690) | $ (113,961) |
X | ||||||||||
- Definition Amounts included in consolidated balance sheets. No definition available.
|
X | ||||||||||
- Definition Total deferred tax liabilities No definition available.
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from inventory. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards classified as noncurrent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible operating loss carryforwards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount, before allocation of valuation allowance, of deferred tax asset attributable to deductible temporary differences, classified as other. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible research tax credit carryforwards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount, before allocation of valuation allowance, of deferred tax asset attributable to deductible temporary differences from employee benefits, classified as other. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from share-based compensation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of deferred tax assets for which it is more likely than not that a tax benefit will not be realized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount, after deferred tax asset, of deferred tax liability attributable to taxable differences without jurisdictional netting. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of deferred tax liability attributable to taxable temporary differences from intangible assets including goodwill. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount, after deferred tax asset, of deferred tax liability attributable to taxable differences, with jurisdictional netting and classified as noncurrent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of deferred tax liability attributable to taxable temporary differences from property, plant, and equipment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Income Taxes (Details 4) - USD ($) $ in Thousands |
12 Months Ended | ||
---|---|---|---|
Mar. 31, 2018 |
Apr. 01, 2017 |
Apr. 02, 2016 |
|
Income Tax Contingency [Line Items] | |||
Document Fiscal Year Focus | 2018 | ||
Reconciliation of gross unrecognized tax benefits | |||
Beginning balance | $ 90,615 | $ 69,052 | $ 59,397 |
Additions based on positions related to current year | 26,431 | 20,036 | 9,374 |
Additions for tax positions in prior years | 5,844 | 1,878 | 2,723 |
Reductions for tax positions in prior years | (67) | (29) | (1,973) |
Expiration of statute of limitations | 0 | (322) | (469) |
Ending balance | $ 122,823 | $ 90,615 | $ 69,052 |
X | ||||||||||
- Definition This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006. No definition available.
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X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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X | ||||||||||
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
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X | ||||||||||
- Definition Amount of unrecognized tax benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of decrease in unrecognized tax benefits resulting from tax positions taken in prior period tax returns. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of increase in unrecognized tax benefits resulting from tax positions that have been or will be taken in current period tax return. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of increase in unrecognized tax benefits resulting from tax positions taken in prior period tax returns. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of decrease in unrecognized tax benefits resulting from lapses of applicable statutes of limitations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Income Taxes (Details Textual) - USD ($) $ / shares in Units, $ in Thousands |
3 Months Ended | 12 Months Ended | ||||||
---|---|---|---|---|---|---|---|---|
Mar. 31, 2018 |
Dec. 30, 2017 |
Apr. 01, 2017 |
Dec. 31, 2016 |
Mar. 31, 2018 |
Apr. 01, 2017 |
Apr. 02, 2016 |
Mar. 28, 2015 |
|
Valuation Allowance [Line Items] | ||||||||
U.S. statutory federal rate | 31.54% | 35.00% | 35.00% | |||||
Document Fiscal Year Focus | 2018 | |||||||
Document Period End Date | Mar. 31, 2018 | |||||||
Income Taxes (Textual) | ||||||||
Valuation Allowance | $ 42,787 | $ 33,104 | $ 42,787 | $ 33,104 | ||||
Valuation Allowance, Deferred Tax Asset, Change in Amount | (9,700) | $ 1,600 | $ (20,900) | |||||
North Carolina State Corporate Tax Rate | 5.00% | |||||||
New North Carolina State Corporate Tax Rate | 4.00% | |||||||
Foreign jurisdiction exemption reduction, Dollar Amount | $ 7,900 | $ 2,700 | ||||||
Foreign jurisdiction exemption reduction, per share amount | $ 0.06 | $ 0.02 | ||||||
Gross unrecognized tax benefits | 122,823 | 90,615 | $ 122,823 | $ 90,615 | $ 69,052 | $ 59,397 | ||
Unrecognized tax benefits, if recognized, would impact the effective tax rate | 118,700 | 84,400 | 118,700 | 84,400 | 64,200 | |||
Additions for tax positions in prior years | 5,844 | 1,878 | 2,723 | |||||
Interest and penalties expense (benefit) recognized related to uncertain tax positions | (2,500) | 2,100 | 1,600 | |||||
Accrued interest and penalties related to unrecognized tax benefits | 4,600 | 7,100 | 4,600 | 7,100 | 5,000 | |||
Long-term Tax Liability | 18,300 | $ 18,300 | ||||||
Period gross unrecognized tax benefits may be reduced | 12 months | |||||||
Taxes Payable, Current | 60,000 | 31,700 | $ 60,000 | 31,700 | ||||
Long-term income taxes payable | 24,200 | 24,200 | ||||||
Income tax expense (benefit) | (31,200) | $ 98,500 | (93,200) | $ 123,200 | 57,433 | 43,863 | 25,983 | |
Deferred Income Tax Expense (Benefit) | (32,248) | (28,027) | (12,189) | |||||
State deferred tax assets | ||||||||
Income Taxes (Textual) | ||||||||
Valuation Allowance, Deferred Tax Asset, Change in Amount | (31,000) | |||||||
Tax rate changes [Member] | ||||||||
Income Taxes (Textual) | ||||||||
Valuation Allowance, Deferred Tax Asset, Change in Amount | (6,800) | |||||||
Domestic and foreign deferred tax assets | ||||||||
Income Taxes (Textual) | ||||||||
Valuation Allowance, Deferred Tax Asset, Change in Amount | (2,800) | |||||||
Domestic deferred tax assets | ||||||||
Income Taxes (Textual) | ||||||||
Valuation Allowance | 40,800 | 32,300 | 40,800 | 32,300 | 29,500 | |||
Foreign deferred tax assets | ||||||||
Income Taxes (Textual) | ||||||||
Valuation Allowance | 2,000 | $ 800 | 2,000 | 800 | 5,200 | |||
Valuation Allowance, Deferred Tax Asset, Change in Amount | 500 | 5,200 | ||||||
Business Combination deferred tax asset | ||||||||
Income Taxes (Textual) | ||||||||
Valuation Allowance, Deferred Tax Asset, Change in Amount | 4,300 | |||||||
State net operating losses and credits | ||||||||
Income Taxes (Textual) | ||||||||
Valuation Allowance, Deferred Tax Asset, Change in Amount | (1,900) | (20,200) | ||||||
Foreign net operating losses | ||||||||
Income Taxes (Textual) | ||||||||
Valuation Allowance, Deferred Tax Asset, Change in Amount | (1,000) | $ (800) | $ (5,000) | |||||
State tax credits [Member] | ||||||||
Income Taxes (Textual) | ||||||||
Valuation Allowance, Deferred Tax Asset, Change in Amount | (500) | |||||||
U.S. Tax Cuts and Jobs Act, Effective 2018 [Member] | ||||||||
Income Taxes (Textual) | ||||||||
Increase (decrease) in deferred tax liability | 39,100 | |||||||
Income tax expense (benefit) | 77,300 | |||||||
Effective Income Tax Rate Reconciliation, Repatriation of Foreign Earnings, Amount | 116,400 | |||||||
Deferred Income Tax Expense (Benefit) | (39,100) | |||||||
U.S. Federal | ||||||||
Income Taxes (Textual) | ||||||||
Loss carryovers | 305,000 | 305,000 | ||||||
State | ||||||||
Income Taxes (Textual) | ||||||||
Loss carryovers | 147,300 | 147,300 | ||||||
Research Tax Credit Carryforward [Member] | ||||||||
Income Taxes (Textual) | ||||||||
Income tax credits | 54,900 | 54,900 | ||||||
State | ||||||||
Income Taxes (Textual) | ||||||||
Income tax credits | 58,700 | 58,700 | ||||||
NETHERLANDS | Foreign deferred tax assets | ||||||||
Income Taxes (Textual) | ||||||||
Loss carryovers | $ 7,800 | $ 7,800 |
X | ||||||||||
- Definition This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006. No definition available.
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X | ||||||||||
- Definition The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD. No definition available.
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X | ||||||||||
- Definition Income taxes. No definition available.
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X | ||||||||||
- Definition Increase (decrease) in deferred tax liability No definition available.
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X | ||||||||||
- Definition Long-term Tax Liability No definition available.
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X | ||||||||||
- Definition Long-term income taxes payable No definition available.
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X | ||||||||||
- Definition New North Carolina State Corporate Tax Rate - the new rate after legislation in 2016 to be phased in over a 3 year period. No definition available.
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X | ||||||||||
- Definition North Carolina State Corporate Tax Rate No definition available.
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X | ||||||||||
- Definition Significant change in unrecognized tax benefits is reasonably possible period. No definition available.
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X | ||||||||||
- Definition Amount of deferred income tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of deferred tax assets for which it is more likely than not that a tax benefit will not be realized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Percentage of domestic federal statutory tax rate applicable to pretax income (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The amount of income taxes from which a reporting entity is exempt or for which it will receive a reduction in income taxes as a result of the income tax holiday granted by the taxing jurisdiction. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Per share amount effect of the income tax benefit resulting from the income tax holidays granted by taxing jurisdictions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to repatriation of foreign earnings. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of operating loss carryforward, before tax effects, available to reduce future taxable income under enacted tax laws. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The amount of the tax credit carryforward, before tax effects, available to reduce future taxable income under enacted tax laws. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Carrying value as of the balance sheet date of obligations incurred and payable for statutory income, sales, use, payroll, excise, real, property and other taxes. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of unrecognized tax benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount accrued for interest on an underpayment of income taxes and penalties related to a tax position claimed or expected to be claimed in the tax return. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of expense for interest on an underpayment of income taxes and penalties related to a tax position claimed or expected to be claimed in the tax return. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of increase in unrecognized tax benefits resulting from tax positions taken in prior period tax returns. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The total amount of unrecognized tax benefits that, if recognized, would affect the effective tax rate. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of increase (decrease) in the valuation allowance for a specified deferred tax asset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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Net Loss Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands |
3 Months Ended | 12 Months Ended | |||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Mar. 31, 2018 |
Dec. 30, 2017 |
Sep. 30, 2017 |
Jul. 01, 2017 |
Apr. 01, 2017 |
Dec. 31, 2016 |
Oct. 01, 2016 |
Jul. 02, 2016 |
Mar. 31, 2018 |
Apr. 01, 2017 |
Apr. 02, 2016 |
|||||||||||||||||||||||
Numerator: | |||||||||||||||||||||||||||||||||
Numerator for basic and diluted net (loss) income per share - net (loss) income available to common stockholders | $ (12,501) | [1],[2],[3],[4] | $ (33,082) | [2],[3],[4],[5] | $ 35,919 | [2],[3],[4] | $ (30,624) | [2],[3],[4] | $ 55,908 | [2],[3],[4],[6] | $ (78,638) | [2],[3],[4],[7] | $ 11,847 | [2],[3],[4] | $ (5,675) | [2],[3],[4] | $ (40,288) | $ (16,558) | $ (28,845) | ||||||||||||||
Denominator: | |||||||||||||||||||||||||||||||||
Denominator for basic net (loss) income per share — weighted average shares | 126,946 | 127,121 | 141,937 | ||||||||||||||||||||||||||||||
Effect of dilutive securities: | |||||||||||||||||||||||||||||||||
Stock-based awards | 0 | 0 | 0 | ||||||||||||||||||||||||||||||
Denominator for diluted net (loss) income per share — adjusted weighted average shares and assumed conversions | 126,946 | 127,121 | 141,937 | ||||||||||||||||||||||||||||||
Basic net (loss) income per share | $ (0.10) | $ (0.26) | $ 0.28 | $ (0.24) | $ 0.44 | $ (0.62) | $ 0.09 | $ (0.04) | $ (0.32) | $ (0.13) | $ (0.20) | ||||||||||||||||||||||
Diluted net (loss) income per share | $ (0.10) | $ (0.26) | $ 0.27 | $ (0.24) | $ 0.43 | $ (0.62) | $ 0.09 | $ (0.04) | $ (0.32) | $ (0.13) | $ (0.20) | ||||||||||||||||||||||
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X | ||||||||||
- Definition Denominator. No definition available.
|
X | ||||||||||
- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Additional shares included in the calculation of diluted EPS as a result of the potentially dilutive effect of share based payment arrangements using the treasury stock method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- References No definition available.
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X | ||||||||||
- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Net Loss Per Share (Details Textual) - shares shares in Millions |
12 Months Ended | ||
---|---|---|---|
Mar. 31, 2018 |
Apr. 01, 2017 |
Apr. 02, 2016 |
|
Earnings Per Share [Abstract] | |||
Shares excluded from the computation of diluted shares outstanding | 3.7 | 4.8 | 5.0 |
X | ||||||||||
- Definition Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- References No definition available.
|
Stock-Based Compensation (Details) $ / shares in Units, shares in Thousands, $ in Thousands |
12 Months Ended |
---|---|
Mar. 31, 2018
USD ($)
$ / shares
shares
| |
Summary of activity of the Company's director and employee stock option plans | |
Outstanding beginning balance, Shares | shares | 4,177 |
Outstanding beginning balance, Weighted-Average Exercise Price | $ / shares | $ 19.72 |
Granted, Shares | shares | 0 |
Granted, Weighted-Average Exercise Price | $ / shares | $ 0 |
Exercised, Shares | shares | (1,544) |
Exercised, Weighted-Average Exercise Price | $ / shares | $ 19.07 |
Canceled, Shares | shares | (5) |
Canceled, Weighted-Average Exercise Price | $ / shares | $ 41.86 |
Forfeited, Shares | shares | (5) |
Forfeited, Weighted-Average Exercise Price | $ / shares | $ 19.99 |
Outstanding ending balance, Shares | shares | 2,623 |
Outstanding ending balance, Weighted-Average Exercise Price | $ / shares | $ 20.06 |
Outstanding ending balance, Weighted-Average Remaining Contractual Term | 3 years 7 months 22 days |
Outstanding ending balance, Aggregate Intrinsic Value | $ | $ 132,217 |
Vested and expected to vest, Shares | shares | 2,623 |
Vested and expected to vest, Weighted-Average Exercise Price | $ / shares | $ 20.06 |
Vested and expected to vest, Weighted-Average Remaining Contractual Term | 3 years 7 months 22 days |
Vested and expected to vest, Aggregate Intrinsic Value | $ | $ 132,216 |
Options exercisable, Shares | shares | 2,597 |
Options exercisable, Weighted-Average Exercise Price Ending Balance | $ / shares | $ 19.79 |
Options exercisable, Weighted-Average Remaining Contractual Term Ending Balance | 3 years 7 months 22 days |
Options exercisable, Aggregate Intrinsic Value | $ | $ 131,585 |
X | ||||||||||
- Definition The number of shares into which fully or partially vested stock options outstanding as of the balance sheet date can be currently converted under the option plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The weighted-average price as of the balance sheet date at which grantees can acquire the shares reserved for issuance on vested portions of options outstanding and currently exercisable under the stock option plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Number of options or other stock instruments for which the right to exercise has lapsed under the terms of the plan agreements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The number of shares under options that were cancelled during the reporting period as a result of occurrence of a terminating event specified in contractual agreements pertaining to the stock option plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Net number of share options (or share units) granted during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount by which the current fair value of the underlying stock exceeds the exercise price of options outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Number of options outstanding, including both vested and non-vested options. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
|
X | ||||||||||
- Definition Weighted average price at which grantees can acquire the shares reserved for issuance under the stock option plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount by which current fair value of underlying stock exceeds exercise price of fully vested and expected to vest options outstanding. Includes, but is not limited to, unvested options 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. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Number of fully vested and expected to vest options outstanding that can be converted into shares under option plan. Includes, but is not limited to, unvested options 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. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Weighted-average exercise price, at which grantee can acquire shares reserved for issuance, for fully vested and expected to vest options outstanding. Includes, but is not limited to, unvested options 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. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Weighted average price at which option holders acquired shares when converting their stock options into shares. No definition available.
|
X | ||||||||||
- Definition Weighted average price at which grantees could have acquired the underlying shares with respect to stock options of the plan that expired. No definition available.
|
X | ||||||||||
- Definition Weighted average price at which grantees could have acquired the underlying shares with respect to stock options that were terminated. No definition available.
|
X | ||||||||||
- Definition Weighted average per share amount at which grantees can acquire shares of common stock by exercise of options. No definition available.
|
X | ||||||||||
- Definition Amount of difference between fair value of the underlying shares reserved for issuance and exercise price of vested portions of options outstanding and currently exercisable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Weighted average remaining contractual term for vested portions of options outstanding and currently exercisable or convertible, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Weighted average remaining contractual term for option awards outstanding, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Weighted average remaining contractual term for fully vested and expected to vest options outstanding, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. Includes, but is not limited to, unvested options 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. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Number of share options (or share units) exercised during the current period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Stock-Based Compensation (Details 1) |
12 Months Ended |
---|---|
Apr. 02, 2016
$ / shares
| |
Assumptions used for stock option plans | |
Expected volatility | 42.80% |
Expected dividend yield | 0.00% |
Expected term (in years) | 5 years 8 months 23 days |
Risk-free interest rate | 1.60% |
Weighted-average grant-date fair value of options granted during the period | $ 32.62 |
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition The estimated dividend rate (a percentage of the share price) to be paid (expected dividends) to holders of the underlying shares over the option's term. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The risk-free interest rate assumption that is used in valuing an option on its own shares. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The weighted average grant-date fair value of options granted during the reporting period as calculated by applying the disclosed option pricing methodology. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Expected term of share-based compensation awards, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Stock-Based Compensation (Details 2) shares in Thousands |
12 Months Ended |
---|---|
Mar. 31, 2018
$ / shares
shares
| |
Restricted share plans | |
Balance at beginning balance, Shares | shares | 2,375 |
Balance at beginning balance, Weighted-Average Grant-Date Fair Value | $ / shares | $ 53.00 |
Granted, Shares | shares | 998 |
Granted, Weighted-Average Grant-Date Fair Value | $ / shares | $ 68.67 |
Vested, Shares | shares | (1,059) |
Vested, Weighted-Average Grant-Date Fair Value | $ / shares | $ 50.30 |
Forfeited, Shares | shares | (127) |
Forfeited, Weighted-Average Grant-Date Fair Value | $ / shares | $ 57.73 |
Balance at ending balance, Shares | shares | 2,187 |
Balance at ending balance, Weighted-Average Grant-Date Fair Value | $ / shares | $ 59.46 |
X | ||||||||||
- Definition The number of equity-based payment instruments, excluding stock (or unit) options, that were forfeited during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Weighted average fair value as of the grant date of equity-based award plans other than stock (unit) option plans that were not exercised or put into effect as a result of the occurrence of a terminating event. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The number of grants made during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The weighted average fair value at grant date for nonvested equity-based awards issued during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The number of non-vested equity-based payment instruments, excluding stock (or unit) options, that validly exist and are outstanding as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
|
X | ||||||||||
- Definition The weighted average fair value of nonvested awards on equity-based plans excluding option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, revenue or profit achievement stock award plan) for which the employer is contingently obligated to issue equity instruments or transfer assets to an employee who has not yet satisfied service or performance criteria necessary to gain title to proceeds from the sale of the award or underlying shares or units. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The number of equity-based payment instruments, excluding stock (or unit) options, that vested during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The weighted average fair value as of grant date pertaining to an equity-based award plan other than a stock (or unit) option plan for which the grantee gained the right during the reporting period, by satisfying service and performance requirements, to receive or retain shares or units, other instruments, or cash in accordance with the terms of the arrangement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Stock-Based Compensation (Details Textual) - USD ($) $ / shares in Units, $ in Thousands |
12 Months Ended | |||
---|---|---|---|---|
Mar. 31, 2018 |
Apr. 01, 2017 |
Apr. 02, 2016 |
Apr. 01, 2006 |
|
Share-Based Compensation (Textual) | ||||
Number of shares available for grant or issuance | 6,254,000 | |||
Shares granted | 0 | |||
Expected term (in years) | 5 years 8 months 23 days | |||
Stock-based compensation expense | $ 68,158 | $ 88,845 | $ 139,516 | |
Closing stock price | $ 70.45 | |||
Total intrinsic value of options exercised | $ 87,800 | 81,000 | 74,900 | |
Cash received from the exercise of stock options (excluding accrued unremitted employee funds) | $ 57,500 | |||
Annual forfeiture rate | 1.60% | |||
Total remaining unearned compensation cost related to nonvested restricted stock unit | $ 72,800 | |||
Weighted-average remaining service period of unearned compensation costs related to nonvested restricted stock units | 1 year 2 months 12 days | |||
Total fair value of vested restricted stock units | $ 73,200 | $ 46,100 | $ 60,200 | |
Certain officers of the Company (Section 16 Officers) [Member] | ||||
Share-Based Compensation (Textual) | ||||
Shares granted | 300,000 | |||
Stock-based compensation expense | $ 20,500 | |||
Employee Stock Purchase Plan [Member] | ||||
Share-Based Compensation (Textual) | ||||
Number of shares available for grant or issuance | 4,600,000 | |||
Share-based Compensation Arrangement by Share-based Payment Award, Percent of Market Price | 85.00% | |||
Period employees can acquire common stock | 6 months | |||
Shares issued under plan | 500,000 | 700,000 | 400,000 | |
2006 Directors' Stock Option Plan [Member] | ||||
Share-Based Compensation (Textual) | ||||
Number of shares available for grant or issuance | 0 | |||
Reserved additional shares of common stock | 300,000 | |||
1996 Stock Incentive Program - TriQuint [Member] | ||||
Share-Based Compensation (Textual) | ||||
Number of shares available for grant or issuance | 0 | |||
Share-based Compensation Arrangement by Share-based Payment Award, Percent of Market Price | 100.00% | |||
Expected term (in years) | 10 years | |||
2008 Inducement Award Plan - TriQuint [Member] | ||||
Share-Based Compensation (Textual) | ||||
Number of shares available for grant or issuance | 0 | |||
Share-based Compensation Arrangement by Share-based Payment Award, Percent of Market Price | 100.00% | |||
Expected term (in years) | 10 years | |||
2009 Incentive Plan - TriQuint [Member] | ||||
Share-Based Compensation (Textual) | ||||
Number of shares available for grant or issuance | 0 | |||
Share-based Compensation Arrangement by Share-based Payment Award, Percent of Market Price | 100.00% | |||
Expected term (in years) | 10 years | |||
2013 Incentive Plan - TriQuint [Member] | ||||
Share-Based Compensation (Textual) | ||||
Number of shares available for grant or issuance | 2,400,000 | |||
Share-based Compensation Arrangement by Share-based Payment Award, Percent of Market Price | 100.00% | |||
Expected term (in years) | 10 years | |||
2015 Inducement Stock Plan - Qorvo [Member] | ||||
Share-Based Compensation (Textual) | ||||
Maximum number of shares of common stock to be issued under plan | 300,000 | |||
Maximum available options under the plan, description | The maximum number of shares issuable under the 2015 Inducement Plan may not exceed the sum of (a) 0.3 million shares, plus (b) any shares of common stock (i) remaining available for issuance as of the effective date of the 2015 Inducement Stock Plan under the TriQuint 2008 Inducement Award Plan and (ii) subject to an award granted under the TriQuint 2008 Inducement Award Plan, which awards are forfeited, canceled, terminated, expire or lapse for any reason. | |||
Shares granted | 0 | 0 | 0 | |
2012 Stock Incentive Plan - RF Micro Devices [Member] | ||||
Share-Based Compensation (Textual) | ||||
Number of shares available for grant or issuance | 3,600,000 | |||
Maximum number of shares of common stock to be issued under plan | 4,300,000 | |||
2003 Stock Incentive Plan - RF Micro Devices [Member] | ||||
Share-Based Compensation (Textual) | ||||
Number of shares available for grant or issuance | 0 | |||
Performance-based restricted stock | 2012 Stock Incentive Plan - RF Micro Devices [Member] | ||||
Share-Based Compensation (Textual) | ||||
Shares granted | 200,000 | |||
Restricted Stock | ||||
Share-Based Compensation (Textual) | ||||
Vesting period | 4 years | |||
Total remaining unearned compensation cost related to nonvested restricted stock unit | $ 72,500 | |||
Weighted-average remaining service period of unearned compensation costs related to nonvested restricted stock units | 1 year 2 months 10 days | |||
Stock Options | ||||
Share-Based Compensation (Textual) | ||||
Expiration period | 10 years | |||
Vesting period | 4 years | |||
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Stock Options | $ 300 | |||
Weighted-average remaining service period of unearned compensation costs related to nonvested restricted stock units | 6 months | |||
Performance and service-based restricted stock units | ||||
Share-Based Compensation (Textual) | ||||
Vesting percentage when earned | 50.00% | |||
Vesting period | 2 years | |||
Performance period 1 | ||||
Share-Based Compensation (Textual) | ||||
Vesting period | 1 year | |||
Performance period 2 | ||||
Share-Based Compensation (Textual) | ||||
Vesting period | 2 years | |||
Performance period 3 | ||||
Share-Based Compensation (Textual) | ||||
Vesting period | 3 years |
X | ||||||||||
- Definition Forfeiture rate. No definition available.
|
X | ||||||||||
- Definition Maximum available options under the plan, description No definition available.
|
X | ||||||||||
- Definition Period employees can acquire common stock. No definition available.
|
X | ||||||||||
- Definition Reserved additional shares of common stock No definition available.
|
X | ||||||||||
- Definition Share-based compensation arrangement by share-based payment award, percent of market price. No definition available.
|
X | ||||||||||
- Definition Share Based Compensation. No definition available.
|
X | ||||||||||
- Definition Unrecognized cost of unvested share-based compensation awards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Weighted average period over which unrecognized compensation is expected to be recognized for equity-based compensation plans, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Unrecognized cost of unvested options awarded to employees as compensation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of cash inflow from exercise of stock options granted under share-based compensation arrangement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Period which an employee's right to exercise an award is no longer contingent on satisfaction of either a service condition, market condition or a performance condition, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Fair value of share-based awards for which the grantee gained the right by satisfying service and performance requirements, to receive or retain shares or units, other instruments, or cash. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The maximum number of shares (or other type of equity) originally approved (usually by shareholders and board of directors), net of any subsequent amendments and adjustments, for awards under the equity-based compensation plan. As stock or unit options and equity instruments other than options are awarded to participants, the shares or units remain authorized and become reserved for issuance under outstanding awards (not necessarily vested). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The difference between the maximum number of shares (or other type of equity) authorized for issuance under the plan (including the effects of amendments and adjustments), and the sum of: 1) the number of shares (or other type of equity) already issued upon exercise of options or other equity-based awards under the plan; and 2) shares (or other type of equity) reserved for issuance on granting of outstanding awards, net of cancellations and forfeitures, if applicable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of accumulated difference between fair value of underlying shares on dates of exercise and exercise price on options exercised (or share units converted) into shares. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Net number of share options (or share units) granted during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Number of share instruments newly issued under a share-based compensation plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Price of a single share of a number of saleable stocks of a company. No definition available.
|
X | ||||||||||
- Definition Percentage of vesting of share-based compensation awards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Period from grant date that an equity-based award expires, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Expected term of share-based compensation awards, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
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X | ||||||||||
- Details
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- Details
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- Details
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- Details
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Stockholders' Equity (Details) - shares shares in Thousands |
Mar. 31, 2018 |
Apr. 01, 2017 |
---|---|---|
Common stock reserved for future issuance | ||
Outstanding stock options under formal directors’ and employees’ stock option plans | 2,623 | 4,177 |
Possible future issuance under Company stock incentive plans | 6,254 | |
Employee stock purchase plan | 4,594 | |
Restricted stock-based units granted | 2,187 | 2,375 |
Total shares reserved | 15,658 |
X | ||||||||||
- Definition Employee stock purchase plan shares reserve for future issuance. No definition available.
|
X | ||||||||||
- Definition Schedule of shares reserved for future issuance. No definition available.
|
X | ||||||||||
- Definition Aggregate number of common shares reserved for future issuance. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The number of non-vested equity-based payment instruments, excluding stock (or unit) options, that validly exist and are outstanding as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The difference between the maximum number of shares (or other type of equity) authorized for issuance under the plan (including the effects of amendments and adjustments), and the sum of: 1) the number of shares (or other type of equity) already issued upon exercise of options or other equity-based awards under the plan; and 2) shares (or other type of equity) reserved for issuance on granting of outstanding awards, net of cancellations and forfeitures, if applicable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Number of options outstanding, including both vested and non-vested options. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Stockholders' Equity (Details Textual) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands |
3 Months Ended | 12 Months Ended | ||||||
---|---|---|---|---|---|---|---|---|
Mar. 10, 2016 |
Feb. 16, 2016 |
Jul. 02, 2016 |
Mar. 31, 2018 |
Apr. 01, 2017 |
Apr. 02, 2016 |
Nov. 03, 2016 |
Nov. 05, 2015 |
|
Shareholders' Equity (Textual) | ||||||||
Stock Repurchased During Period, Shares | 2,929 | 4,084 | 24,258 | |||||
Stock Repurchased During Period, Value | $ 219,907 | $ 209,357 | $ 1,300,009 | |||||
Common stock reserved for future issuance | 15,658 | |||||||
Common stock, shares authorized | 405,000 | 405,000 | ||||||
Accelerated Share Repurchases, Shares Received | 10,000 | |||||||
November 2016 Program [Member] | ||||||||
Shareholders' Equity (Textual) | ||||||||
Share repurchase program, authorized amount | $ 500,000 | |||||||
Stock Repurchase Program, Authorized Amount rolled into new plan | $ 150,000 | |||||||
Stock Repurchase Program, Remaining Authorized Repurchase Amount | $ 162,100 | |||||||
November 2015 Program [Member] | ||||||||
Shareholders' Equity (Textual) | ||||||||
Share repurchase program, authorized amount | $ 1,000,000 | |||||||
Accelerated Share Repurchases, Settlement (Payment) or Receipt | $ 500,000 | |||||||
Accelerated share repurchase, total shares received | 400 | 10,400 | ||||||
November 2015 Program [Member] | Collared Agreement [Member] | ||||||||
Shareholders' Equity (Textual) | ||||||||
Share repurchase program, authorized amount | $ 250,000 | |||||||
Accelerated Share Repurchases, Shares Received | 2,000 | 3,100 | ||||||
Accelerated Share Repurchases, percent | 50.00% | |||||||
Accelerated Share Repurchases, Initial Price Paid Per Share | $ 40.78 | |||||||
November 2015 Program [Member] | Uncollared Agreement [Member] | ||||||||
Shareholders' Equity (Textual) | ||||||||
Share repurchase program, authorized amount | $ 250,000 | |||||||
Accelerated Share Repurchases, Shares Received | 4,900 | |||||||
Accelerated Share Repurchases, percent | 80.00% | |||||||
Accelerated Share Repurchases, Initial Price Paid Per Share | $ 40.78 |
X | ||||||||||
- Definition Accelerated Share Repurchases, Shares Received - Number of shares received under an accelerated share program. No definition available.
|
X | ||||||||||
- Definition Accelerated Share Repurchases, percent No definition available.
|
X | ||||||||||
- Definition Accelerated share repurchase, total shares received No definition available.
|
X | ||||||||||
- Definition Shareholders' equity. No definition available.
|
X | ||||||||||
- Definition Stock Repurchase Program, Authorized Amount rolled into new plan No definition available.
|
X | ||||||||||
- Definition The price paid per share to immediately purchase the targeted number of shares on the date of executing the accelerated share repurchase agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of cash receipt from (payment to) bank; or stock received from (issuance to) bank in the settlement of the accelerated share repurchase agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Aggregate number of common shares reserved for future issuance. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The maximum number of common shares permitted to be issued by an entity's charter and bylaws. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of stock repurchase plan authorized. No definition available.
|
X | ||||||||||
- Definition Amount remaining of a stock repurchase plan authorized. No definition available.
|
X | ||||||||||
- Definition Number of shares that have been repurchased during the period and have not been retired and are not held in treasury. Some state laws may govern the circumstances under which an entity may acquire its own stock and prescribe the accounting treatment therefore. This element is used when state law does not recognize treasury stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Equity impact of the value of stock that has been repurchased during the period and has not been retired and is not held in treasury. Some state laws may mandate the circumstances under which an entity may acquire its own stock and prescribe the accounting treatment therefore. This element is used when state law does not recognize treasury stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Operating Segment and Geographical Information (Details) - USD ($) $ in Thousands |
3 Months Ended | 12 Months Ended | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Mar. 31, 2018 |
Dec. 30, 2017 |
Sep. 30, 2017 |
Jul. 01, 2017 |
Apr. 01, 2017 |
Dec. 31, 2016 |
Oct. 01, 2016 |
Jul. 02, 2016 |
Mar. 31, 2018 |
Apr. 01, 2017 |
Apr. 02, 2016 |
||||
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] | ||||||||||||||
Document Fiscal Year Focus | 2018 | |||||||||||||
Revenue: | ||||||||||||||
Revenue | $ 665,383 | $ 845,739 | $ 821,583 | $ 640,831 | $ 642,992 | $ 826,347 | $ 864,698 | $ 698,537 | $ 2,973,536 | $ 3,032,574 | $ 2,610,726 | |||
Income from operations: | ||||||||||||||
Income from operations | 70,282 | 88,059 | 11,968 | |||||||||||
Interest expense | (59,548) | (58,879) | (23,316) | |||||||||||
Interest income | 7,017 | 1,212 | 2,068 | |||||||||||
Other (expense) income | (606) | (3,087) | 6,418 | |||||||||||
(Loss) income before income taxes | 17,145 | 27,305 | (2,862) | |||||||||||
Operating Segments [Member] | MP [Member] | ||||||||||||||
Revenue: | ||||||||||||||
Revenue | 2,181,161 | 2,384,041 | 2,083,334 | |||||||||||
Income from operations: | ||||||||||||||
Income from operations | 549,574 | 554,001 | 591,751 | |||||||||||
Operating Segments [Member] | IDP [Member] | ||||||||||||||
Revenue: | ||||||||||||||
Revenue | 788,495 | 644,653 | 523,512 | |||||||||||
Income from operations: | ||||||||||||||
Income from operations | 235,719 | 152,539 | 108,370 | |||||||||||
All other [Member] | ||||||||||||||
Revenue: | ||||||||||||||
Revenue | 3,880 | 3,880 | 3,880 | [1] | ||||||||||
Income from operations: | ||||||||||||||
Income from operations | $ (715,011) | $ (618,481) | $ (688,153) | |||||||||||
|
X | ||||||||||
- Definition This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006. No definition available.
|
X | ||||||||||
- Definition Amount of income (loss) from continuing operations before deduction of income tax expense (benefit) and income (loss) attributable to noncontrolling interest, and addition of income (loss) from equity method investments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount after accretion (amortization) of discount (premium), and investment expense, of interest income and dividend income on nonoperating securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The net result for the period of deducting operating expenses from operating revenues. No definition available.
|
X | ||||||||||
- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Details
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X | ||||||||||
- Details
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Operating Segment and Geographical Information (Details 1) - USD ($) $ in Thousands |
3 Months Ended | 12 Months Ended | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Mar. 31, 2018 |
Dec. 30, 2017 |
Sep. 30, 2017 |
Jul. 01, 2017 |
Apr. 01, 2017 |
Dec. 31, 2016 |
Oct. 01, 2016 |
Jul. 02, 2016 |
Mar. 31, 2018 |
Apr. 01, 2017 |
Apr. 02, 2016 |
|
Segment Reporting Information [Line Items] | |||||||||||
Document Fiscal Year Focus | 2018 | ||||||||||
Reconciliation of "All other" category: | |||||||||||
Stock-based compensation expense | $ (68,158) | $ (88,845) | $ (139,516) | ||||||||
Amortization of intangible assets | (539,790) | (494,752) | (494,589) | ||||||||
Start-up costs | $ (5,100) | $ (5,400) | $ (7,200) | $ (6,600) | $ (3,400) | $ (2,200) | $ (2,000) | $ (2,100) | |||
Income from operations | 70,282 | 88,059 | 11,968 | ||||||||
All other [Member] | |||||||||||
Reconciliation of "All other" category: | |||||||||||
Stock-based compensation expense | (68,158) | (88,845) | (139,516) | ||||||||
Amortization of intangible assets | (539,362) | (494,387) | (494,589) | ||||||||
Acquisition and integration related costs | (10,561) | (25,391) | (26,503) | ||||||||
Restructuring and disposal costs | (21,406) | (1,696) | (4,235) | ||||||||
Start-up costs | (24,271) | (9,694) | (14,110) | ||||||||
Other expenses (including (gain) loss on assets and other miscellaneous corporate overhead) | (51,253) | 1,532 | (9,200) | ||||||||
Income from operations | $ (715,011) | $ (618,481) | $ (688,153) |
X | ||||||||||
- Definition This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006. No definition available.
|
X | ||||||||||
- Definition Business Combination, Acquisition And Integration related costs No definition available.
|
X | ||||||||||
- Definition Other unallocated income expense. No definition available.
|
X | ||||||||||
- Definition Restructuring and disposal costs No definition available.
|
X | ||||||||||
- Definition Segment reporting information other. No definition available.
|
X | ||||||||||
- Definition Start-up costs No definition available.
|
X | ||||||||||
- Definition The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The net result for the period of deducting operating expenses from operating revenues. No definition available.
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Definition The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Details
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Operating Segment and Geographical Information (Details 2) - USD ($) $ in Thousands |
3 Months Ended | 12 Months Ended | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Mar. 31, 2018 |
Dec. 30, 2017 |
Sep. 30, 2017 |
Jul. 01, 2017 |
Apr. 01, 2017 |
Dec. 31, 2016 |
Oct. 01, 2016 |
Jul. 02, 2016 |
Mar. 31, 2018 |
Apr. 01, 2017 |
Apr. 02, 2016 |
|
Revenues from External Customers [Line Items] | |||||||||||
Document Fiscal Year Focus | 2018 | ||||||||||
Revenue | $ 665,383 | $ 845,739 | $ 821,583 | $ 640,831 | $ 642,992 | $ 826,347 | $ 864,698 | $ 698,537 | $ 2,973,536 | $ 3,032,574 | $ 2,610,726 |
Geographic Concentration Risk [Member] | Sales [Member] | United States | |||||||||||
Revenues from External Customers [Line Items] | |||||||||||
Revenue | $ 524,472 | $ 467,031 | $ 306,328 | ||||||||
Percentage | 18.00% | 15.00% | 12.00% | ||||||||
Geographic Concentration Risk [Member] | Sales [Member] | International | |||||||||||
Revenues from External Customers [Line Items] | |||||||||||
Revenue | $ 2,449,064 | $ 2,565,543 | $ 2,304,398 | ||||||||
Geographic Concentration Risk [Member] | Sales [Member] | Asia | |||||||||||
Revenues from External Customers [Line Items] | |||||||||||
Percentage | 78.00% | 81.00% | 83.00% | ||||||||
Geographic Concentration Risk [Member] | Sales [Member] | Europe | |||||||||||
Revenues from External Customers [Line Items] | |||||||||||
Percentage | 3.00% | 3.00% | 4.00% | ||||||||
Geographic Concentration Risk [Member] | Sales [Member] | Other | |||||||||||
Revenues from External Customers [Line Items] | |||||||||||
Percentage | 1.00% | 1.00% | 1.00% |
X | ||||||||||
- Definition This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006. No definition available.
|
X | ||||||||||
- Definition For an entity that discloses a concentration risk in relation to quantitative amount, which serves as the "benchmark" (or denominator) in the equation, this concept represents the concentration percentage derived from the division. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Definition Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
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X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Operating Segment and Geographical Information (Details 3) - USD ($) $ in Thousands |
12 Months Ended | ||
---|---|---|---|
Mar. 31, 2018 |
Apr. 01, 2017 |
Apr. 02, 2016 |
|
Long-Lived Assets [Line Items] | |||
Document Period End Date | Mar. 31, 2018 | ||
Long-lived tangible assets | $ 1,374,112 | $ 1,391,932 | |
CHINA | |||
Long-Lived Assets [Line Items] | |||
Long-lived tangible assets | 217,205 | 244,728 | $ 183,836 |
Geographic Concentration Risk [Member] | Property, Plant and Equipment | United States | |||
Long-Lived Assets [Line Items] | |||
Long-lived tangible assets | 1,089,157 | 1,082,754 | 816,882 |
Geographic Concentration Risk [Member] | Property, Plant and Equipment | Other Countries | |||
Long-Lived Assets [Line Items] | |||
Long-lived tangible assets | $ 67,750 | $ 64,450 | $ 46,170 |
X | ||||||||||
- Definition The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD. No definition available.
|
X | ||||||||||
- Definition Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Operating Segment and Geographical Information (Details Textual) - USD ($) $ in Thousands |
3 Months Ended | 12 Months Ended | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Mar. 31, 2018 |
Dec. 30, 2017 |
Sep. 30, 2017 |
Jul. 01, 2017 |
Apr. 01, 2017 |
Dec. 31, 2016 |
Oct. 01, 2016 |
Jul. 02, 2016 |
Mar. 31, 2018 |
Apr. 01, 2017 |
Apr. 02, 2016 |
|
Segment Reporting Information [Line Items] | |||||||||||
Asset Impairment Charges | $ 46,300 | ||||||||||
Document Period End Date | Mar. 31, 2018 | ||||||||||
Document Fiscal Year Focus | 2018 | ||||||||||
Operating Segment and Geographic Information (Textual) | |||||||||||
Revenue | $ 665,383 | $ 845,739 | $ 821,583 | $ 640,831 | $ 642,992 | $ 826,347 | $ 864,698 | $ 698,537 | $ 2,973,536 | $ 3,032,574 | $ 2,610,726 |
Long-lived tangible assets | 1,374,112 | 1,391,932 | 1,374,112 | 1,391,932 | |||||||
China [Member] | |||||||||||
Operating Segment and Geographic Information (Textual) | |||||||||||
Long-lived tangible assets | $ 217,205 | $ 244,728 | $ 217,205 | $ 244,728 | $ 183,836 | ||||||
Geographic Concentration Risk [Member] | Sales [Member] | China [Member] | |||||||||||
Operating Segment and Geographic Information (Textual) | |||||||||||
Percentage | 52.00% | 62.00% | 61.00% | ||||||||
Revenue | $ 1,539,700 | $ 1,866,000 | $ 1,601,000 | ||||||||
Geographic Concentration Risk [Member] | Sales [Member] | Taiwan [Member] | |||||||||||
Operating Segment and Geographic Information (Textual) | |||||||||||
Percentage | 19.00% | 13.00% | 14.00% | ||||||||
Revenue | $ 564,800 | $ 398,400 | $ 365,100 |
X | ||||||||||
- Definition This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006. No definition available.
|
X | ||||||||||
- Definition The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD. No definition available.
|
X | ||||||||||
- Definition Operating segment and geographic information. No definition available.
|
X | ||||||||||
- Definition Amount of write-down of assets recognized in the income statement. Includes, but is not limited to, losses from tangible assets, intangible assets and goodwill. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition For an entity that discloses a concentration risk in relation to quantitative amount, which serves as the "benchmark" (or denominator) in the equation, this concept represents the concentration percentage derived from the division. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
Consolidating Financial Information Condensed Consolidating Balance Sheet (Details) - USD ($) $ in Thousands |
12 Months Ended | |||||||
---|---|---|---|---|---|---|---|---|
Mar. 31, 2018 |
Apr. 01, 2017 |
Apr. 02, 2016 |
Mar. 28, 2015 |
|||||
Condensed Financial Statements, Captions [Line Items] | ||||||||
Document Period End Date | Mar. 31, 2018 | |||||||
Cash and cash equivalents | $ 926,037 | $ 545,463 | ||||||
Accounts receivable, less allowance | 345,957 | 357,948 | ||||||
Intercompany receivables | 0 | 0 | ||||||
Inventories | 472,292 | 430,454 | ||||||
Prepaid expenses | 23,909 | 36,229 | ||||||
Other receivables | 44,795 | 65,247 | ||||||
Other current assets | 30,815 | 26,264 | ||||||
Total current assets | 1,843,805 | 1,461,605 | ||||||
Property and equipment, net (Notes 1 & 5) | 1,374,112 | 1,391,932 | ||||||
Goodwill | 2,173,889 | [1] | 2,173,914 | $ 2,135,697 | [1] | |||
Intangible assets, net (Notes 1, 6 & 7) | 860,336 | 1,400,563 | ||||||
Long-term Investments | 63,765 | 35,494 | ||||||
Long-term intercompany accounts and notes receivable | 0 | 0 | ||||||
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures | 0 | 0 | ||||||
Other Assets, Noncurrent | 65,612 | 58,815 | ||||||
Total assets | 6,381,519 | 6,522,323 | ||||||
Accounts payable | 213,193 | 216,246 | ||||||
Intercompany accounts and notes payable | 0 | 0 | ||||||
Accrued liabilities | 167,182 | 170,584 | ||||||
Other current liabilities | 60,904 | 31,998 | ||||||
Total current liabilities | 441,279 | 418,828 | ||||||
Long-term debt (Note 8) | 983,290 | 989,154 | ||||||
Deferred tax liabilities | 63,084 | 131,511 | ||||||
Long-term intercompany accounts and notes payable | 0 | 0 | ||||||
Other long-term liabilities | 118,302 | 86,108 | ||||||
Total liabilities | 1,605,955 | 1,625,601 | ||||||
Total stockholders’ equity | 4,775,564 | 4,896,722 | $ 4,999,672 | $ 6,173,160 | ||||
Total liabilities and stockholders’ equity | 6,381,519 | 6,522,323 | ||||||
Parent Company [Member] | ||||||||
Condensed Financial Statements, Captions [Line Items] | ||||||||
Cash and cash equivalents | 0 | 0 | ||||||
Accounts receivable, less allowance | 0 | 0 | ||||||
Intercompany receivables | 0 | 0 | ||||||
Inventories | 0 | 0 | ||||||
Prepaid expenses | 0 | 0 | ||||||
Other receivables | 0 | 0 | ||||||
Other current assets | 0 | 0 | ||||||
Total current assets | 0 | 0 | ||||||
Property and equipment, net (Notes 1 & 5) | 0 | 0 | ||||||
Goodwill | 0 | 0 | ||||||
Intangible assets, net (Notes 1, 6 & 7) | 0 | 0 | ||||||
Long-term Investments | 0 | 0 | ||||||
Long-term intercompany accounts and notes receivable | 0 | 0 | ||||||
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures | 6,198,885 | 6,142,568 | ||||||
Other Assets, Noncurrent | 72,122 | 84,153 | ||||||
Total assets | 6,271,007 | 6,226,721 | ||||||
Accounts payable | 0 | 0 | ||||||
Intercompany accounts and notes payable | 0 | 0 | ||||||
Accrued liabilities | 23,102 | 23,150 | ||||||
Other current liabilities | 0 | 0 | ||||||
Total current liabilities | 23,102 | 23,150 | ||||||
Long-term debt (Note 8) | 983,290 | 989,154 | ||||||
Deferred tax liabilities | 0 | 0 | ||||||
Long-term intercompany accounts and notes payable | 489,051 | 317,695 | ||||||
Other long-term liabilities | 0 | 0 | ||||||
Total liabilities | 1,495,443 | 1,329,999 | ||||||
Total stockholders’ equity | 4,775,564 | 4,896,722 | ||||||
Total liabilities and stockholders’ equity | 6,271,007 | 6,226,721 | ||||||
Guarantor Subsidiaries [Member] | ||||||||
Condensed Financial Statements, Captions [Line Items] | ||||||||
Cash and cash equivalents | 629,314 | 226,186 | ||||||
Accounts receivable, less allowance | 76,863 | 57,874 | ||||||
Intercompany receivables | 272,409 | 392,075 | ||||||
Inventories | 154,651 | 131,225 | ||||||
Prepaid expenses | 17,530 | 29,032 | ||||||
Other receivables | 5,959 | 7,239 | ||||||
Other current assets | 29,627 | 25,534 | ||||||
Total current assets | 1,186,353 | 869,165 | ||||||
Property and equipment, net (Notes 1 & 5) | 1,085,255 | 1,078,761 | ||||||
Goodwill | 1,121,941 | 1,121,941 | ||||||
Intangible assets, net (Notes 1, 6 & 7) | 395,317 | 599,618 | ||||||
Long-term Investments | 1,847 | 25,971 | ||||||
Long-term intercompany accounts and notes receivable | 543,127 | 447,613 | ||||||
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures | 2,388,222 | 2,596,172 | ||||||
Other Assets, Noncurrent | 31,011 | 33,249 | ||||||
Total assets | 6,753,073 | 6,772,490 | ||||||
Accounts payable | 78,278 | 111,799 | ||||||
Intercompany accounts and notes payable | 53,363 | 36,603 | ||||||
Accrued liabilities | 101,286 | 111,700 | ||||||
Other current liabilities | 3,882 | 55 | ||||||
Total current liabilities | 236,809 | 260,157 | ||||||
Long-term debt (Note 8) | 0 | 0 | ||||||
Deferred tax liabilities | 83,449 | 171,284 | ||||||
Long-term intercompany accounts and notes payable | 116,494 | 138,398 | ||||||
Other long-term liabilities | 62,417 | 35,014 | ||||||
Total liabilities | 499,169 | 604,853 | ||||||
Total stockholders’ equity | 6,253,904 | 6,167,637 | ||||||
Total liabilities and stockholders’ equity | 6,753,073 | 6,772,490 | ||||||
Non-Guarantor Subsidiaries [Member] | ||||||||
Condensed Financial Statements, Captions [Line Items] | ||||||||
Cash and cash equivalents | 296,723 | 319,277 | ||||||
Accounts receivable, less allowance | 269,094 | 300,074 | ||||||
Intercompany receivables | 53,363 | 36,603 | ||||||
Inventories | 339,434 | 322,559 | ||||||
Prepaid expenses | 6,379 | 7,197 | ||||||
Other receivables | 38,836 | 58,008 | ||||||
Other current assets | 1,188 | 730 | ||||||
Total current assets | 1,005,017 | 1,044,448 | ||||||
Property and equipment, net (Notes 1 & 5) | 289,146 | 314,910 | ||||||
Goodwill | 1,051,948 | 1,051,973 | ||||||
Intangible assets, net (Notes 1, 6 & 7) | 465,019 | 800,945 | ||||||
Long-term Investments | 61,918 | 9,523 | ||||||
Long-term intercompany accounts and notes receivable | 116,494 | 138,398 | ||||||
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures | 0 | 0 | ||||||
Other Assets, Noncurrent | 32,516 | 24,746 | ||||||
Total assets | 3,022,058 | 3,384,943 | ||||||
Accounts payable | 134,915 | 104,447 | ||||||
Intercompany accounts and notes payable | 272,409 | 392,075 | ||||||
Accrued liabilities | 43,163 | 35,734 | ||||||
Other current liabilities | 57,022 | 31,943 | ||||||
Total current liabilities | 507,509 | 564,199 | ||||||
Long-term debt (Note 8) | 0 | 0 | ||||||
Deferred tax liabilities | 16,366 | 43,560 | ||||||
Long-term intercompany accounts and notes payable | 54,076 | 129,918 | ||||||
Other long-term liabilities | 55,885 | 51,094 | ||||||
Total liabilities | 633,836 | 788,771 | ||||||
Total stockholders’ equity | 2,388,222 | 2,596,172 | ||||||
Total liabilities and stockholders’ equity | 3,022,058 | 3,384,943 | ||||||
Eliminations and Reclassifications | ||||||||
Condensed Financial Statements, Captions [Line Items] | ||||||||
Cash and cash equivalents | 0 | 0 | ||||||
Accounts receivable, less allowance | 0 | 0 | ||||||
Intercompany receivables | (325,772) | (428,678) | ||||||
Inventories | (21,793) | (23,330) | ||||||
Prepaid expenses | 0 | 0 | ||||||
Other receivables | 0 | 0 | ||||||
Other current assets | 0 | 0 | ||||||
Total current assets | (347,565) | (452,008) | ||||||
Property and equipment, net (Notes 1 & 5) | (289) | (1,739) | ||||||
Goodwill | 0 | 0 | ||||||
Intangible assets, net (Notes 1, 6 & 7) | 0 | 0 | ||||||
Long-term Investments | 0 | 0 | ||||||
Long-term intercompany accounts and notes receivable | (659,621) | (586,011) | ||||||
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures | (8,587,107) | (8,738,740) | ||||||
Other Assets, Noncurrent | (70,037) | (83,333) | ||||||
Total assets | (9,664,619) | (9,861,831) | ||||||
Accounts payable | 0 | 0 | ||||||
Intercompany accounts and notes payable | (325,772) | (428,678) | ||||||
Accrued liabilities | (369) | 0 | ||||||
Other current liabilities | 0 | 0 | ||||||
Total current liabilities | (326,141) | (428,678) | ||||||
Long-term debt (Note 8) | 0 | 0 | ||||||
Deferred tax liabilities | (36,731) | (83,333) | ||||||
Long-term intercompany accounts and notes payable | (659,621) | (586,011) | ||||||
Other long-term liabilities | 0 | 0 | ||||||
Total liabilities | (1,022,493) | (1,098,022) | ||||||
Total stockholders’ equity | (8,642,126) | (8,763,809) | ||||||
Total liabilities and stockholders’ equity | $ (9,664,619) | $ (9,861,831) | ||||||
|
X | ||||||||||
- Definition The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD. No definition available.
|
X | ||||||||||
- Definition Intercompany Notes Receivable, Long-Term No definition available.
|
X | ||||||||||
- Definition Intercompany accounts and notes payable No definition available.
|
X | ||||||||||
- Definition Intercompany accounts and notes payable, long-term No definition available.
|
X | ||||||||||
- Definition Intercompany receivables No definition available.
|
X | ||||||||||
- Definition Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Definition Amount, after deferred tax asset, of deferred tax liability attributable to taxable differences, with jurisdictional netting and classified as noncurrent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Sum of the carrying amounts of all intangible assets, excluding goodwill, as of the balance sheet date, net of accumulated amortization and impairment charges. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Total investments in (A) an entity in which the entity has significant influence, but does not have control, (B) subsidiaries that are not required to be consolidated and are accounted for using the equity and or cost method, and (C) an entity in which the reporting entity shares control of the entity with another party or group. Includes long-term advances receivable from a party that is affiliated with the reporting entity by means of direct or indirect ownership. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The total amount of investments that are intended to be held for an extended period of time (longer than one operating cycle). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of current assets classified as other. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
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- Definition Amount of noncurrent assets classified as other. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of liabilities classified as other, due within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of liabilities classified as other, due after one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount due from parties in nontrade transactions, classified as other. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of asset related to consideration paid in advance for costs that provide economic benefits within a future period of one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Consolidating Financial Information Condensed Consolidating Statements of Comprehensive Income (Details) - USD ($) $ in Thousands |
3 Months Ended | 12 Months Ended | |||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Mar. 31, 2018 |
Dec. 30, 2017 |
Sep. 30, 2017 |
Jul. 01, 2017 |
Apr. 01, 2017 |
Dec. 31, 2016 |
Oct. 01, 2016 |
Jul. 02, 2016 |
Mar. 31, 2018 |
Apr. 01, 2017 |
Apr. 02, 2016 |
|||||||||||||||||||||||
Document Period End Date | Mar. 31, 2018 | ||||||||||||||||||||||||||||||||
Revenue | $ 665,383 | $ 845,739 | $ 821,583 | $ 640,831 | $ 642,992 | $ 826,347 | $ 864,698 | $ 698,537 | $ 2,973,536 | $ 3,032,574 | $ 2,610,726 | ||||||||||||||||||||||
Cost of Goods Sold | 1,826,570 | 1,897,062 | 1,561,173 | ||||||||||||||||||||||||||||||
Gross Profit | 252,640 | 336,927 | 321,022 | 236,377 | 231,596 | 310,642 | 316,799 | 276,475 | 1,146,966 | 1,135,512 | 1,049,553 | ||||||||||||||||||||||
Operating Expenses [Abstract] | |||||||||||||||||||||||||||||||||
Research and development | 445,103 | 470,836 | 448,763 | ||||||||||||||||||||||||||||||
Selling, general and administrative | 527,751 | 545,588 | 534,099 | ||||||||||||||||||||||||||||||
Other operating expense (income) | 103,830 | 31,029 | 54,723 | ||||||||||||||||||||||||||||||
Total operating expenses | 1,076,684 | 1,047,453 | 1,037,585 | ||||||||||||||||||||||||||||||
Income (loss) from operations | 70,282 | 88,059 | 11,968 | ||||||||||||||||||||||||||||||
Interest expense | (59,548) | (58,879) | (23,316) | ||||||||||||||||||||||||||||||
Interest income | 7,017 | 1,212 | 2,068 | ||||||||||||||||||||||||||||||
Other (expense) income | (606) | (3,087) | 6,418 | ||||||||||||||||||||||||||||||
Income (loss) before income taxes | 17,145 | 27,305 | (2,862) | ||||||||||||||||||||||||||||||
Income Tax (Benefit) Expense | 31,200 | (98,500) | 93,200 | (123,200) | (57,433) | (43,863) | (25,983) | ||||||||||||||||||||||||||
Income in subsidiaries | 0 | 0 | 0 | ||||||||||||||||||||||||||||||
Net loss | $ (12,501) | [1],[2],[3],[4] | $ (33,082) | [2],[3],[4],[5] | $ 35,919 | [2],[3],[4] | $ (30,624) | [2],[3],[4] | $ 55,908 | [2],[3],[4],[6] | $ (78,638) | [2],[3],[4],[7] | $ 11,847 | [2],[3],[4] | $ (5,675) | [2],[3],[4] | (40,288) | (16,558) | (28,845) | ||||||||||||||
Comprehensive income (loss) | (38,734) | (17,731) | (31,854) | ||||||||||||||||||||||||||||||
Parent Company [Member] | |||||||||||||||||||||||||||||||||
Revenue | 0 | 0 | 0 | ||||||||||||||||||||||||||||||
Cost of Goods Sold | 0 | 0 | 0 | ||||||||||||||||||||||||||||||
Gross Profit | 0 | 0 | 0 | ||||||||||||||||||||||||||||||
Operating Expenses [Abstract] | |||||||||||||||||||||||||||||||||
Research and development | 27,688 | 35,379 | 67,158 | ||||||||||||||||||||||||||||||
Selling, general and administrative | 39,882 | 53,465 | 72,358 | ||||||||||||||||||||||||||||||
Other operating expense (income) | 588 | 0 | 0 | ||||||||||||||||||||||||||||||
Total operating expenses | 68,158 | 88,844 | 139,516 | ||||||||||||||||||||||||||||||
Income (loss) from operations | (68,158) | (88,844) | (139,516) | ||||||||||||||||||||||||||||||
Interest expense | (58,133) | (57,344) | (21,895) | ||||||||||||||||||||||||||||||
Interest income | 0 | 0 | 0 | ||||||||||||||||||||||||||||||
Other (expense) income | (929) | 0 | 0 | ||||||||||||||||||||||||||||||
Income (loss) before income taxes | (127,220) | (146,188) | (161,411) | ||||||||||||||||||||||||||||||
Income Tax (Benefit) Expense | (26) | 46,003 | 44,014 | ||||||||||||||||||||||||||||||
Income in subsidiaries | 86,958 | 83,627 | 88,552 | ||||||||||||||||||||||||||||||
Net loss | (40,288) | (16,558) | (28,845) | ||||||||||||||||||||||||||||||
Comprehensive income (loss) | (38,734) | (17,731) | (31,854) | ||||||||||||||||||||||||||||||
Guarantor Subsidiaries [Member] | |||||||||||||||||||||||||||||||||
Revenue | 1,137,783 | 1,316,576 | 2,212,062 | ||||||||||||||||||||||||||||||
Cost of Goods Sold | 828,496 | 979,190 | 1,778,336 | ||||||||||||||||||||||||||||||
Gross Profit | 309,287 | 337,386 | 433,726 | ||||||||||||||||||||||||||||||
Operating Expenses [Abstract] | |||||||||||||||||||||||||||||||||
Research and development | 54,663 | 40,918 | 106,560 | ||||||||||||||||||||||||||||||
Selling, general and administrative | 248,601 | 253,531 | 151,814 | ||||||||||||||||||||||||||||||
Other operating expense (income) | 89,454 | 16,065 | 50,928 | ||||||||||||||||||||||||||||||
Total operating expenses | 392,718 | 310,514 | 309,302 | ||||||||||||||||||||||||||||||
Income (loss) from operations | (83,431) | 26,872 | 124,424 | ||||||||||||||||||||||||||||||
Interest expense | (2,340) | (2,619) | (2,419) | ||||||||||||||||||||||||||||||
Interest income | 2,696 | 4,457 | 2,650 | ||||||||||||||||||||||||||||||
Other (expense) income | 973 | 426 | 5,467 | ||||||||||||||||||||||||||||||
Income (loss) before income taxes | (82,102) | 29,136 | 130,122 | ||||||||||||||||||||||||||||||
Income Tax (Benefit) Expense | (15,586) | (63,893) | (49,751) | ||||||||||||||||||||||||||||||
Income in subsidiaries | 183,319 | 68,718 | 13,619 | ||||||||||||||||||||||||||||||
Net loss | 85,631 | 33,961 | 93,990 | ||||||||||||||||||||||||||||||
Comprehensive income (loss) | 87,654 | 34,014 | 89,738 | ||||||||||||||||||||||||||||||
Non-Guarantor Subsidiaries [Member] | |||||||||||||||||||||||||||||||||
Revenue | 2,689,676 | 2,918,865 | 2,762,150 | ||||||||||||||||||||||||||||||
Cost of Goods Sold | 1,723,829 | 2,023,715 | 2,060,702 | ||||||||||||||||||||||||||||||
Gross Profit | 965,847 | 895,150 | 701,448 | ||||||||||||||||||||||||||||||
Operating Expenses [Abstract] | |||||||||||||||||||||||||||||||||
Research and development | 382,109 | 416,869 | 304,219 | ||||||||||||||||||||||||||||||
Selling, general and administrative | 349,739 | 370,812 | 360,593 | ||||||||||||||||||||||||||||||
Other operating expense (income) | 13,463 | 8,409 | 2,447 | ||||||||||||||||||||||||||||||
Total operating expenses | 745,311 | 796,090 | 667,259 | ||||||||||||||||||||||||||||||
Income (loss) from operations | 220,536 | 99,060 | 34,189 | ||||||||||||||||||||||||||||||
Interest expense | (1,505) | (3,129) | (3,029) | ||||||||||||||||||||||||||||||
Interest income | 6,751 | 759 | 3,003 | ||||||||||||||||||||||||||||||
Other (expense) income | (642) | (1,999) | (298) | ||||||||||||||||||||||||||||||
Income (loss) before income taxes | 225,140 | 94,691 | 33,865 | ||||||||||||||||||||||||||||||
Income Tax (Benefit) Expense | (41,821) | (25,973) | (20,246) | ||||||||||||||||||||||||||||||
Income in subsidiaries | 0 | 0 | 0 | ||||||||||||||||||||||||||||||
Net loss | 183,319 | 68,718 | 13,619 | ||||||||||||||||||||||||||||||
Comprehensive income (loss) | 186,172 | 67,492 | 14,862 | ||||||||||||||||||||||||||||||
Eliminations and Reclassifications | |||||||||||||||||||||||||||||||||
Revenue | (853,923) | (1,202,867) | (2,363,486) | ||||||||||||||||||||||||||||||
Cost of Goods Sold | (725,755) | (1,105,843) | (2,277,865) | ||||||||||||||||||||||||||||||
Gross Profit | (128,168) | (97,024) | (85,621) | ||||||||||||||||||||||||||||||
Operating Expenses [Abstract] | |||||||||||||||||||||||||||||||||
Research and development | (19,357) | (22,330) | (29,174) | ||||||||||||||||||||||||||||||
Selling, general and administrative | (110,471) | (132,220) | (50,666) | ||||||||||||||||||||||||||||||
Other operating expense (income) | 325 | 6,555 | 1,348 | ||||||||||||||||||||||||||||||
Total operating expenses | (129,503) | (147,995) | (78,492) | ||||||||||||||||||||||||||||||
Income (loss) from operations | 1,335 | 50,971 | (7,129) | ||||||||||||||||||||||||||||||
Interest expense | 2,430 | 4,213 | 4,027 | ||||||||||||||||||||||||||||||
Interest income | (2,430) | (4,004) | (3,585) | ||||||||||||||||||||||||||||||
Other (expense) income | (8) | (1,514) | 1,249 | ||||||||||||||||||||||||||||||
Income (loss) before income taxes | 1,327 | 49,666 | (5,438) | ||||||||||||||||||||||||||||||
Income Tax (Benefit) Expense | 0 | 0 | 0 | ||||||||||||||||||||||||||||||
Income in subsidiaries | (270,277) | (152,345) | (102,171) | ||||||||||||||||||||||||||||||
Net loss | (268,950) | (102,679) | (107,609) | ||||||||||||||||||||||||||||||
Comprehensive income (loss) | $ (273,826) | $ (101,506) | $ (104,600) | ||||||||||||||||||||||||||||||
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- Definition The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD. No definition available.
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- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Total costs related to goods produced and sold during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of income (loss) from continuing operations before deduction of income tax expense (benefit) and income (loss) attributable to noncontrolling interest, and addition of income (loss) from equity method investments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount after tax of income (loss) of subsidiary attributable to the parent entity. No definition available.
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X | ||||||||||
- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount after accretion (amortization) of discount (premium), and investment expense, of interest income and dividend income on nonoperating securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
|
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- References No definition available.
|
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- Definition The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The net amount of other operating income and expenses, the components of which are not separately disclosed on the income statement, from items that are associated with the entity's normal revenue producing operations. No definition available.
|
X | ||||||||||
- Definition The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
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- Definition Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Consolidating Financial Information Condensed Consolidating Statements of Cash Flows (Details) - USD ($) $ in Thousands |
12 Months Ended | ||
---|---|---|---|
Mar. 31, 2018 |
Apr. 01, 2017 |
Apr. 02, 2016 |
|
Net Cash Provided by (Used in) Operating Activities | $ 852,520 | $ 776,820 | $ 687,927 |
Purchase of available-for-sale securities | 0 | (469) | (340,527) |
Proceeds from maturities of available-for-sale securities | 0 | 186,793 | 390,009 |
Purchase of business, net of cash acquired (Note 6) | 0 | (117,994) | 0 |
Purchase of property and equipment | (269,835) | (552,702) | (315,624) |
Other investing | (7,574) | (5,976) | (12,572) |
Net transactions with related parties, investing | 0 | 0 | |
Net cash used in investing activities | (277,409) | (490,348) | (278,714) |
Proceeds from debt issuances | 100,000 | 0 | 1,175,000 |
Repayments of Long-term Debt | (107,729) | 0 | (175,000) |
Excess tax benefit from exercises of stock options | 0 | 65 | 935 |
Debt issuance costs | (1,916) | 0 | (13,588) |
Proceeds from the issuance of common stock | 57,412 | 59,148 | 51,875 |
Repurchase of common stock, including transaction costs | (219,907) | (209,357) | (1,300,009) |
Tax withholding paid on behalf of employees for restricted stock units | (24,708) | (15,516) | (22,168) |
Other financing | 0 | 10 | (29) |
Net transactions with related parties | 0 | 0 | 0 |
Net cash used in financing activities | (196,848) | (165,650) | (282,984) |
Effect of Exchange Rate on Cash and Cash Equivalents | 2,360 | (1,105) | (294) |
Net increase in cash, cash equivalents and restricted cash | 380,623 | 119,717 | 125,935 |
Cash, cash equivalents and restricted cash at the beginning of the period | 545,779 | 426,062 | 300,127 |
Cash, cash equivalents and restricted cash at the end of the period | 926,402 | 545,779 | 426,062 |
Parent Company [Member] | |||
Net Cash Provided by (Used in) Operating Activities | 196,848 | 165,660 | 282,955 |
Purchase of available-for-sale securities | 0 | 0 | |
Proceeds from maturities of available-for-sale securities | 0 | 0 | |
Purchase of business, net of cash acquired (Note 6) | 0 | ||
Purchase of property and equipment | 0 | 0 | 0 |
Other investing | 0 | 0 | 0 |
Net transactions with related parties, investing | 0 | 0 | |
Net cash used in investing activities | 0 | 0 | 0 |
Proceeds from debt issuances | 100,000 | 1,175,000 | |
Repayments of Long-term Debt | (107,729) | (175,000) | |
Excess tax benefit from exercises of stock options | 65 | 935 | |
Debt issuance costs | (1,916) | (13,588) | |
Proceeds from the issuance of common stock | 57,412 | 59,148 | 51,875 |
Repurchase of common stock, including transaction costs | (219,907) | (209,357) | (1,300,009) |
Tax withholding paid on behalf of employees for restricted stock units | (24,708) | (15,516) | (22,168) |
Other financing | 0 | 0 | |
Net transactions with related parties | 0 | 0 | 0 |
Net cash used in financing activities | (196,848) | (165,660) | (282,955) |
Effect of Exchange Rate on Cash and Cash Equivalents | 0 | 0 | 0 |
Net increase in cash, cash equivalents and restricted cash | 0 | 0 | 0 |
Cash, cash equivalents and restricted cash at the beginning of the period | 0 | 0 | 0 |
Cash, cash equivalents and restricted cash at the end of the period | 0 | 0 | 0 |
Guarantor Subsidiaries [Member] | |||
Net Cash Provided by (Used in) Operating Activities | 165,883 | 175,988 | 273,171 |
Purchase of available-for-sale securities | (469) | (340,527) | |
Proceeds from maturities of available-for-sale securities | 186,793 | 390,009 | |
Purchase of business, net of cash acquired (Note 6) | 0 | ||
Purchase of property and equipment | (226,860) | (424,175) | (244,817) |
Other investing | 22,800 | 3,924 | (12,830) |
Net transactions with related parties, investing | 439,925 | 61,891 | |
Net cash used in investing activities | 235,865 | (172,036) | (208,165) |
Proceeds from debt issuances | 0 | 0 | |
Repayments of Long-term Debt | 0 | ||
Excess tax benefit from exercises of stock options | 0 | 0 | |
Debt issuance costs | 0 | 0 | |
Proceeds from the issuance of common stock | 0 | 0 | 0 |
Repurchase of common stock, including transaction costs | 0 | 0 | 0 |
Tax withholding paid on behalf of employees for restricted stock units | 0 | 0 | 0 |
Other financing | 14 | 57 | |
Net transactions with related parties | 1,380 | 1,587 | 1,192 |
Net cash used in financing activities | 1,380 | 1,601 | 1,249 |
Effect of Exchange Rate on Cash and Cash Equivalents | 0 | 0 | 0 |
Net increase in cash, cash equivalents and restricted cash | 403,128 | 5,553 | 66,255 |
Cash, cash equivalents and restricted cash at the beginning of the period | 226,186 | 220,633 | 154,378 |
Cash, cash equivalents and restricted cash at the end of the period | 629,314 | 226,186 | 220,633 |
Non-Guarantor Subsidiaries [Member] | |||
Net Cash Provided by (Used in) Operating Activities | 489,789 | 435,172 | 131,801 |
Purchase of available-for-sale securities | 0 | ||
Proceeds from maturities of available-for-sale securities | 0 | ||
Purchase of business, net of cash acquired (Note 6) | (117,994) | ||
Purchase of property and equipment | (42,975) | (128,527) | (70,807) |
Other investing | (30,374) | (9,900) | 258 |
Net transactions with related parties, investing | (24,100) | 0 | |
Net cash used in investing activities | (97,449) | (256,421) | (70,549) |
Proceeds from debt issuances | 0 | 0 | |
Repayments of Long-term Debt | 0 | 0 | |
Excess tax benefit from exercises of stock options | 0 | 0 | |
Debt issuance costs | 0 | 0 | |
Proceeds from the issuance of common stock | 0 | 0 | 0 |
Repurchase of common stock, including transaction costs | 0 | 0 | 0 |
Tax withholding paid on behalf of employees for restricted stock units | 0 | 0 | 0 |
Other financing | (4) | (86) | |
Net transactions with related parties | (417,205) | (63,478) | (1,192) |
Net cash used in financing activities | (417,205) | (63,482) | (1,278) |
Effect of Exchange Rate on Cash and Cash Equivalents | 2,360 | (1,105) | (294) |
Net increase in cash, cash equivalents and restricted cash | (22,505) | 114,164 | 59,680 |
Cash, cash equivalents and restricted cash at the beginning of the period | 319,593 | 205,429 | 145,749 |
Cash, cash equivalents and restricted cash at the end of the period | 297,088 | 319,593 | 205,429 |
Eliminations and Reclassifications | |||
Net Cash Provided by (Used in) Operating Activities | 0 | 0 | |
Purchase of available-for-sale securities | 0 | 0 | |
Proceeds from maturities of available-for-sale securities | 0 | 0 | |
Purchase of business, net of cash acquired (Note 6) | 0 | ||
Purchase of property and equipment | 0 | 0 | 0 |
Other investing | 0 | 0 | 0 |
Net transactions with related parties, investing | (415,825) | (61,891) | |
Net cash used in investing activities | (415,825) | (61,891) | 0 |
Proceeds from debt issuances | 0 | 0 | |
Repayments of Long-term Debt | 0 | 0 | |
Excess tax benefit from exercises of stock options | 0 | 0 | |
Debt issuance costs | 0 | 0 | |
Proceeds from the issuance of common stock | 0 | 0 | 0 |
Repurchase of common stock, including transaction costs | 0 | 0 | 0 |
Tax withholding paid on behalf of employees for restricted stock units | 0 | 0 | 0 |
Other financing | 0 | 0 | |
Net transactions with related parties | 415,825 | 61,891 | 0 |
Net cash used in financing activities | 415,825 | 61,891 | 0 |
Effect of Exchange Rate on Cash and Cash Equivalents | 0 | 0 | 0 |
Net increase in cash, cash equivalents and restricted cash | 0 | 0 | 0 |
Cash, cash equivalents and restricted cash at the beginning of the period | 0 | 0 | 0 |
Cash, cash equivalents and restricted cash at the end of the period | $ 0 | $ 0 | $ 0 |
X | ||||||||||
- Definition Net transactions with related parties No definition available.
|
X | ||||||||||
- Definition Net transactions with related parties, investing No definition available.
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X | ||||||||||
- Definition Amount of cash and cash equivalents, and cash and cash equivalents restricted to withdrawal or usage. Excludes amount for disposal group and discontinued operations. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of increase (decrease) in cash, cash equivalents, and cash and cash equivalents restricted to withdrawal or usage; including effect from exchange rate change. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of increase (decrease) from the effect of exchange rate changes on cash and cash equivalent balances held in foreign currencies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of cash inflow from realized tax benefit related to deductible compensation cost reported on the entity's tax return for equity instruments in excess of the compensation cost for those instruments recognized for financial reporting purposes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of cash (inflow) outflow from investing activities classified as other. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The cash outflow to reacquire common stock during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The cash outflow paid to third parties in connection with debt origination, which will be amortized over the remaining maturity period of the associated long-term debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of cash outflow to satisfy an employee's income tax withholding obligation as part of a net-share settlement of a share-based award. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The cash outflow to acquire debt and equity securities not classified as either held-to-maturity securities or trading securities which would be classified as available-for-sale securities and reported at fair value, with unrealized gains and losses excluded from earnings and reported in a separate component of shareholders' equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The cash outflow associated with the acquisition of a business, net of the cash acquired from the purchase. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of cash inflow from issuance of shares under share-based compensation arrangement. Issuance includes, but is not limited to, exercise of stock options and similar instruments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of cash inflow (outflow) from financing activities classified as other. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The net cash inflow or outflow in aggregate debt due to repayments and proceeds from additional borrowings. No definition available.
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X | ||||||||||
- Definition The cash inflow associated with the sale or maturity (principal being due) of securities not classified as either held-to-maturity securities or trading securities which are classified as available-for-sale securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The cash outflow for debt initially having maturity due after one year or beyond the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Details
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- Details
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- Details
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Quarterly Financial Summary (Unaudited) (Details) - USD ($) $ / shares in Units, $ in Thousands |
3 Months Ended | 12 Months Ended | |||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Mar. 31, 2018 |
Dec. 30, 2017 |
Sep. 30, 2017 |
Jul. 01, 2017 |
Apr. 01, 2017 |
Dec. 31, 2016 |
Oct. 01, 2016 |
Jul. 02, 2016 |
Mar. 31, 2018 |
Apr. 01, 2017 |
Apr. 02, 2016 |
|||||||||||||||||||||||
Integration related costs | $ 1,200 | $ 1,700 | $ 1,800 | $ 1,500 | $ 2,700 | $ 3,900 | $ 5,000 | $ 5,300 | $ 6,200 | $ 16,900 | $ 26,500 | ||||||||||||||||||||||
Restructuring costs | 41,500 | 15,200 | 10,500 | 500 | 400 | 400 | 500 | 800 | 67,700 | ||||||||||||||||||||||||
Start-up costs | 5,100 | 5,400 | 7,200 | 6,600 | 3,400 | 2,200 | 2,000 | 2,100 | |||||||||||||||||||||||||
Income tax expense (benefit) | (31,200) | 98,500 | (93,200) | 123,200 | 57,433 | 43,863 | 25,983 | ||||||||||||||||||||||||||
Quarterly Financial Summary (Unaudited) | |||||||||||||||||||||||||||||||||
Revenue | 665,383 | 845,739 | 821,583 | 640,831 | 642,992 | 826,347 | 864,698 | 698,537 | 2,973,536 | 3,032,574 | 2,610,726 | ||||||||||||||||||||||
Gross profit | 252,640 | 336,927 | 321,022 | 236,377 | 231,596 | 310,642 | 316,799 | 276,475 | 1,146,966 | 1,135,512 | 1,049,553 | ||||||||||||||||||||||
Net loss | $ (12,501) | [1],[2],[3],[4] | $ (33,082) | [2],[3],[4],[5] | $ 35,919 | [2],[3],[4] | $ (30,624) | [2],[3],[4] | $ 55,908 | [2],[3],[4],[6] | $ (78,638) | [2],[3],[4],[7] | $ 11,847 | [2],[3],[4] | $ (5,675) | [2],[3],[4] | $ (40,288) | $ (16,558) | $ (28,845) | ||||||||||||||
Net (loss) income per share: | |||||||||||||||||||||||||||||||||
Basic | $ (0.10) | $ (0.26) | $ 0.28 | $ (0.24) | $ 0.44 | $ (0.62) | $ 0.09 | $ (0.04) | $ (0.32) | $ (0.13) | $ (0.20) | ||||||||||||||||||||||
Diluted | $ (0.10) | $ (0.26) | $ 0.27 | $ (0.24) | $ 0.43 | $ (0.62) | $ 0.09 | $ (0.04) | $ (0.32) | $ (0.13) | $ (0.20) | ||||||||||||||||||||||
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X | ||||||||||
- Definition Start-up costs No definition available.
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X | ||||||||||
- Definition Costs incurred to effect a business combination which have been expensed during the period. Such costs could include business integration costs, systems integration and conversion costs, and severance and other employee-related costs. No definition available.
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X | ||||||||||
- References No definition available.
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X | ||||||||||
- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Amount of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- References No definition available.
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