±«ÓãÖ±²¥

Annual report pursuant to Section 13 and 15(d)

ACQUISITIONS (Tables)

v3.21.1
ACQUISITIONS (Tables)
 12 Months Ended
Apr. 03, 2021
Business Combinations [Abstract] Ìý
Schedule of Assets Acquired and Liabilities Assumed
The following table summarizes the preliminary estimated fair values of the Supreme assets acquired and liabilities assumed at the date of acquisition:
(In thousands) December 28, 2020
Cash and equivalents $ 218,104Ìý
Accounts receivable 19,698Ìý
Inventories 44,937Ìý
Other current assets 35,091Ìý
Property, plant and equipment 18,914Ìý
Intangible asset 1,201,000Ìý
Operating lease right-of-use assets 55,668Ìý
Other assets 58,479Ìý
Total assets acquired 1,651,891Ìý
Accounts payable 25,717Ìý
Other current liabilities 78,205Ìý
Operating lease liabilities 53,062Ìý
Deferred income tax liabilities 275,718Ìý
Other liabilities 35,245Ìý
Total liabilities assumed 467,947Ìý
Net assets acquired 1,183,944Ìý
Goodwill 1,250,311Ìý
Purchase price $ 2,434,255Ìý
Preliminary Purchase Price
The preliminary purchase price consisted of the following components:
(In thousands) December 28, 2020
Cash consideration $ 2,227,255Ìý
Contingent consideration 207,000Ìý
Purchase price $ 2,434,255Ìý
Unaudited Pro Forma Summary
The following unaudited pro forma summary presents consolidated information of ±«ÓãÖ±²¥ as if the acquisition of Supreme had occurred on March 31, 2019:
Year Ended March
(unaudited)
(In thousands, except per share amounts) 2021 2020
Total revenues $ 9,677,141Ìý $ 10,986,770Ìý
Income from continuing operations 457,330Ìý 690,450Ìý
Earnings per common share from continuing operations
Basic $ 1.17Ìý $ 1.75Ìý
Diluted 1.17Ìý 1.73Ìý