v3.25.3
Goodwill and intangible assets (Tables)
 6 Months Ended
Sep. 26, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following table summarizes the activity in the Company’s goodwill during the six-month period ended September 26, 2025 (in thousands):
Balance as of March 31, 2025$371,018
Additions102,649 
Balance as of September 26, 2025$473,667
Summary of Intangible Assets
The components of identifiable intangible assets are as follows:
As of September 26, 2025As of March 31, 2025
Gross
carrying
amount		Accumulated
amortization		Net
carrying
amount		Gross
carrying
amount		Accumulated
amortization		Net
carrying
amount
(In thousands)
Developed technology$69,969$(5,027)$64,942$39,200$(2,394)$36,806
Customer relationships18,543(4,579)13,96418,000(2,779)15,221
Trade name and other intangibles
5,157(2,347)2,8103,018(1,804)1,214
Total
$93,669$(11,953)$81,716$60,218$(6,977)$53,241
Finite-Lived Intangible Assets Amortization Expense Total intangible asset amortization expense recognized in operations during the three and six-month periods ended September 26, 2025 and September 27, 2024 was as follows:
Three-month periods endedSix-month periods ended
September 26, 2025September 27, 2024September 26, 2025September 27, 2024
(In thousands)
Cost of sales
$1,649$896$2,808$984
Selling general and administrative expense
1,2699792,169979
Total amortization expense
$2,918$1,875$4,977$1,963
Summary of Future Annual Amortization Expense
The estimated future annual amortization expense for the acquired finite-lived intangible assets as of September 26, 2025 is as follows:
Fiscal year ending March 31,Amount
(In thousands)
2026 (1)$6,434
202712,470
202811,336
202910,967
20308,014
Thereafter32,477
Total amortization expense
$81,698
(1)Represents estimated amortization for the remaining fiscal six-month period ending March 31, 2026.