Qorvo (QRVO) 10-Q 5 Nov 20 2021 Q2 Quarterly report Financial data

Cover Page

Cover Page - shares	6 Months Ended
	Oct. 03, 2020	Oct. 26, 2020
Cover [Abstract]
Document Transition Report	false
Document Quarterly Report	true
Title of 12(b) Security	Common Stock, $0.0001 par value
Entity Current Reporting Status	Yes
Entity Incorporation, State or Country Code	DE
Entity Registrant Name	Qorvo, Inc.
City Area Code	336
Entity Central Index Key	0001604778
Document Type	10-Q
Document Period End Date	Oct. 3, 2020
Entity File Number	001-36801
Amendment Flag	false
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q2
Current Fiscal Year End Date	--04-03
Entity Filer Category	Large Accelerated Filer
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Common Stock, Shares Outstanding		114,054,102
Entity Address, Address Line One	7628 Thorndike Road
Local Phone Number	664-1233
Entity Interactive Data Current	Yes
Entity Shell Company	false
Trading Symbol	QRVO
Security Exchange Name	NASDAQ
Entity Tax Identification Number	46-5288992
Entity Address, City or Town	Greensboro,
Entity Address, State or Province	NC
Entity Address, Postal Zip Code	27409-9421

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Oct. 03, 2020	Mar. 28, 2020
Current assets:
Cash and cash equivalents	$ 2,000,257	$ 714,939
Accounts receivable, net of allowance of $1,062 and $55 as of October 3, 2020 and March 28, 2020, respectively	485,100	367,172
Inventories	476,846	517,198
Prepaid expenses	42,178	37,872
Other receivables	13,831	15,016
Other current assets	44,514	38,305
Total current assets	3,062,726	1,690,502
Property and equipment, net of accumulated depreciation of $1,477,921 and $1,415,397 as of October 3, 2020 and March 28, 2020, respectively	1,224,853	1,259,203
Goodwill	2,639,943	2,614,274
Intangible assets, net	714,565	808,892
Long-term investments	37,848	22,515
Other non-current assets	144,487	165,296
Total assets	7,824,422	6,560,682
Current liabilities:
Accounts payable	242,147	246,954
Accrued liabilities	240,839	217,801
Current portion of long-term debt	905,086	6,893
Other current liabilities	88,945	67,355
Total current liabilities	1,477,017	539,003
Long-term debt	1,764,396	1,567,231
Other long-term liabilities	175,843	161,783
Total liabilities	3,417,256	2,268,017
Stockholders’ equity:
Preferred stock, $.0001 par value; 5,000 shares authorized; no shares issued and outstanding	0	0
Common stock and additional paid-in capital, $.0001 par value; 405,000 shares authorized; 114,111 and 114,625 shares issued and outstanding at October 3, 2020 and March 28, 2020, respectively	4,267,987	4,290,377
Accumulated other comprehensive income, net of tax	26,616	2,288
Retained earnings	112,563	0
Total stockholders’ equity	4,407,166	4,292,665
Total liabilities and stockholders’ equity	$ 7,824,422	$ 6,560,682

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Oct. 03, 2020	Mar. 28, 2020
Statement of Financial Position [Abstract]
Allowance for accounts receivable	$ 1,062	$ 55
Property and equipment, accumulated depreciation	$ 1,477,921	$ 1,415,397
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	114,111,000	114,625,000
Common stock, shares outstanding	114,111,000	114,625,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Oct. 03, 2020	Sep. 28, 2019	Oct. 03, 2020	Sep. 28, 2019
Income Statement [Abstract]
Revenue	$ 1,060,292	$ 806,698	$ 1,847,743	$ 1,582,296
Cost of goods sold	568,742	483,116	1,030,404	964,425
Gross profit	491,550	323,582	817,339	617,871
Operating expenses:
Research and development	156,342	115,614	286,413	234,534
Selling, general and administrative	109,372	88,274	195,976	177,253
Other operating expense	4,192	6,927	20,594	38,091
Total operating expenses	269,906	210,815	502,983	449,878
Operating income	221,644	112,767	314,356	167,993
Interest expense	23,486	12,693	42,335	24,557
Interest income	1,272	2,292	2,462	5,238
Other income (expense), net	648	(300)	22,595	(1,411)
Income before income taxes	200,078	102,066	297,078	147,263
Income tax expense	(63,161)	(19,028)	(63,239)	(24,684)
Net income	$ 136,917	$ 83,038	$ 233,839	$ 122,579
Net income per share:
Basic	$ 1.20	$ 0.71	$ 2.04	$ 1.04
Diluted	$ 1.18	$ 0.70	$ 2.01	$ 1.02
Weighted average shares of common stock outstanding:
Basic	114,328	117,294	114,388	117,945
Diluted	116,177	119,429	116,395	120,196

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Oct. 03, 2020	Sep. 28, 2019	Oct. 03, 2020	Sep. 28, 2019
Statement of Comprehensive Income [Abstract]
Net income	$ 136,917	$ 83,038	$ 233,839	$ 122,579
Other comprehensive income (loss):
Foreign currency translation adjustment, including intra-entity foreign currency transactions that are of a long-term investment nature	18,201	(1,242)	24,288	(1,455)
Reclassification adjustments, net of tax:
Foreign currency loss included in net income	0	231	0	353
Amortization of pension actuarial loss	21	34	40	68
Other comprehensive income (loss)	18,222	(977)	24,328	(1,034)
Total comprehensive income	$ 155,139	$ 82,061	$ 258,167	$ 121,545

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock	Accumulated Other Comprehensive Loss	Retained Earnings (Accumulated Deficit)
Common Stock, Shares, Outstanding		119,063
Common stock and additional paid-in capital	$ 4,687,455
Stockholders' Equity Attributable to Parent	4,359,679
Accumulated Other Comprehensive Income (Loss), Net of Tax	(6,624)
Retained Earnings (Accumulated Deficit)	(321,152)
Net income	122,579	$ 0	$ 0	$ 122,579
Other Comprehensive Income (Loss), Net of Tax	(1,034)	$ 0	(1,034)	0
Exercise Of Stock Options And Vesting Of Restricted Stock Units Net Of Shares Withheld For Employee Taxes Shares		837
Exercise Of Stock Options And Vesting Of Restricted Stock Units Net Of Shares Withheld For Employee Taxes	(15,609)	$ (15,609)	0	0
Stock Issued During Period, Shares, Employee Stock Purchase Plans		239
Stock Issued During Period, Value, Employee Stock Purchase Plan	14,948	$ 14,948	0	0
Cumulative-effect adoption of ASU 2016-02	$ 69	$ 0	0	69
Stock Repurchased During Period, Shares	(3,800)	(3,845)
Stock Repurchased During Period, Value	$ (265,105)	$ (265,105)	0	0
Stock-based compensation	49,967	$ 49,967	0	0
Payments for Repurchase of Common Stock	265,105
Common Stock, Shares, Outstanding		117,943
Common stock and additional paid-in capital	4,625,566
Stockholders' Equity Attributable to Parent	4,337,343
Accumulated Other Comprehensive Income (Loss), Net of Tax	(6,681)
Retained Earnings (Accumulated Deficit)	(281,542)
Net income	83,038	$ 0	0	83,038
Other Comprehensive Income (Loss), Net of Tax	(977)	$ 0	(977)	0
Exercise Of Stock Options And Vesting Of Restricted Stock Units Net Of Shares Withheld For Employee Taxes Shares		652
Exercise Of Stock Options And Vesting Of Restricted Stock Units Net Of Shares Withheld For Employee Taxes	$ (12,033)	$ (12,033)	0	0
Stock Repurchased During Period, Shares	(2,300)	(2,301)
Stock Repurchased During Period, Value	$ (165,032)	$ (165,032)	0	0
Stock-based compensation	23,155	$ 23,155	0	0
Common Stock, Shares, Outstanding		116,294
Common stock and additional paid-in capital	4,471,656
Stockholders' Equity Attributable to Parent	4,265,494
Accumulated Other Comprehensive Income (Loss), Net of Tax	(7,658)
Retained Earnings (Accumulated Deficit)	$ (198,504)
Common Stock, Shares, Outstanding	114,625
Common stock and additional paid-in capital	$ 4,290,377
Stockholders' Equity Attributable to Parent	4,292,665
Accumulated Other Comprehensive Income (Loss), Net of Tax	2,288
Retained Earnings (Accumulated Deficit)	0
Net income	233,839	$ 0	0	233,839
Other Comprehensive Income (Loss), Net of Tax	24,328	$ 0	24,328	0
Exercise Of Stock Options And Vesting Of Restricted Stock Units Net Of Shares Withheld For Employee Taxes Shares		826
Exercise Of Stock Options And Vesting Of Restricted Stock Units Net Of Shares Withheld For Employee Taxes	(32,371)	$ (32,371)	0	0
Stock Issued During Period, Shares, Employee Stock Purchase Plans		229
Stock Issued During Period, Value, Employee Stock Purchase Plan	15,758	$ 15,758	0	0
Cumulative-effect adoption of ASU 2016-13	$ (38)	$ 0	0	(38)
Stock Repurchased During Period, Shares	(1,600)	(1,569)
Stock Repurchased During Period, Value	$ (180,048)	$ (58,830)	0	(121,218)
Stock-based compensation	53,053	53,053	0	0
Other Retained Earnings Adjustment	(20)	$ 0	0	(20)
Payments for Repurchase of Common Stock	180,048
Common Stock, Shares, Outstanding		114,354
Common stock and additional paid-in capital	4,293,621
Stockholders' Equity Attributable to Parent	4,351,245
Accumulated Other Comprehensive Income (Loss), Net of Tax	8,394
Retained Earnings (Accumulated Deficit)	49,230
Net income	136,917	$ 0	0	136,917
Other Comprehensive Income (Loss), Net of Tax	18,222	$ 0	18,222	0
Exercise Of Stock Options And Vesting Of Restricted Stock Units Net Of Shares Withheld For Employee Taxes Shares		594
Exercise Of Stock Options And Vesting Of Restricted Stock Units Net Of Shares Withheld For Employee Taxes	$ (26,306)	$ (26,306)	0	0
Stock Repurchased During Period, Shares	(800)	(837)
Stock Repurchased During Period, Value	$ (105,009)	$ (31,425)	0	(73,584)
Stock-based compensation	$ 32,097	$ 32,097	$ 0	$ 0
Common Stock, Shares, Outstanding	114,111
Common stock and additional paid-in capital	$ 4,267,987
Stockholders' Equity Attributable to Parent	4,407,166
Accumulated Other Comprehensive Income (Loss), Net of Tax	26,616
Retained Earnings (Accumulated Deficit)	$ 112,563

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Oct. 03, 2020	Sep. 28, 2019
Cash flows from operating activities:
Net income	$ 233,839	$ 122,579
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	100,799	118,622
Intangible assets amortization	144,470	114,837
Deferred income taxes	36,468	(9,517)
Stock-based compensation expense	51,907	45,829
Other, net	(7,496)	12,036
Changes in operating assets and liabilities:
Accounts receivable, net	(118,008)	(20,990)
Inventories	41,844	41,874
Prepaid expenses and other assets	(2,366)	8,380
Accounts payable and accrued liabilities	16,230	(4,201)
Income tax payable and receivable	9,671	5,072
Other liabilities	(12,109)	(3,991)
Net cash provided by operating activities	495,249	430,530
Investing activities:
Purchase of property and equipment	(73,386)	(88,338)
Purchase of businesses, net of cash acquired	47,520	299,673
Proceeds from sales and maturities of available-for-sale debt securities	0	1,950
Other investing activities	9,581	(1,242)
Net cash used in investing activities	(111,325)	(387,303)
Financing activities:
Payment of debt	(100,000)	0
Proceeds from borrowings and debt issuances	1,206,750	100,000
Repurchase of common stock, including transaction costs	(180,048)	(265,105)
Proceeds from the issuance of common stock	21,792	20,205
Tax withholding paid on behalf of employees for restricted stock units	(36,354)	(20,545)
Other financing activities	(11,705)	(832)
Net cash provided by (used in) financing activities	900,435	(166,277)
Effect of exchange rate changes on cash, cash equivalents and restricted cash	936	(1,091)
Net increase (decrease) in cash, cash equivalents and restricted cash	1,285,295	(124,141)
Cash, cash equivalents and restricted cash at the beginning of the period	715,612	711,382
Cash, cash equivalents and restricted cash at the end of the period	2,000,907	587,241
Capital expenditure adjustments included in liabilities	22,124	30,052
Cash and cash equivalents	2,000,257	586,794
Restricted cash included in Other current assets and Other non-current assets	$ 650	$ 447

Basis of Presentation and Signi

Basis of Presentation and Significant Accounting Policies	6 Months Ended
	Oct. 03, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES	BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES The accompanying Condensed Consolidated Financial Statements of Qorvo, Inc. and Subsidiaries (together, the “Company” or “Qorvo”) have been prepared in conformity with accounting principles generally accepted in the United States (“U.S. GAAP”). The preparation of these financial statements requires management to make estimates and assumptions, which could differ materially from actual results. In addition, certain information or footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed, or omitted, pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). In the opinion of management, the financial statements include all adjustments (which are of a normal and recurring nature) necessary for the fair presentation of the results of the interim periods presented. These Condensed Consolidated Financial Statements should be read in conjunction with the Company's audited consolidated financial statements and notes thereto included in Qorvo’s Annual Report on Form 10-K for the fiscal year ended March 28, 2020 . The Condensed 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 2020 financial statements have been reclassified to conform with the fiscal 2021 presentation. 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. Fiscal 2021 is a 53-week fiscal year during which the second fiscal quarter ended October 3, 2020 and included 14 weeks, compared to 13 weeks for the second fiscal quarter ended September 28, 2019 . The first six months of fiscal 2021 ended October 3, 2020 and included 27 weeks, compared to 26 weeks for the six months ended September 28, 2019 .

Recent Accounting Pronouncement

Recent Accounting Pronouncements	6 Months Ended
	Oct. 03, 2020
Accounting Standards Update and Change in Accounting Principle [Abstract]
RECENT ACCOUNTING PRONOUNCEMENTS	RECENT ACCOUNTING PRONOUNCEMENTS The Company assesses recently issued accounting standards by the Financial Accounting Standards Board ("FASB") to determine the expected impacts on the Company's financial statements. The summary below describes impacts from newly issued standards as well as material updates to our previous assessments, if any, from Qorvo’s Annual Report on Form 10-K for the fiscal year ended March 28, 2020 . In June 2016, the FASB issued Accounting Standards Update ("ASU") 2016-13, " Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments ," which requires a current lifetime expected credit loss methodology to be used to measure impairments of accounts receivable and other financial assets. Using this methodology will result in earlier recognition of losses than under the previous incurred loss approach, which requires waiting to recognize a loss until it is probable of being incurred. The Company adopted the standard, which applies to its accounts receivables, in the first quarter of fiscal 2021. Under this new standard, trade receivables are now evaluated on a collective (pool) basis and aggregated on the basis of similar risk characteristics. These aggregated risk pools will be reassessed at each measurement date. A combination of factors is considered in determining the appropriate estimate of expected credit losses which include broad-based economic indicators as well as customers' financial strength, credit standing, payment history and any historical defaults. The adoption of this standard using the modified retrospective transition method resulted in a cumulative-effect adjustment to retained earnings of less than $0.1 million .

Inventories

Inventories	6 Months Ended
	Oct. 03, 2020
Inventory Disclosure [Abstract]
INVENTORIES	INVENTORIES The components of inventories, net of reserves, are as follows (in thousands): October 3, 2020 March 28, 2020 Raw materials $ 114,391 $ 112,671 Work in process 233,826 291,028 Finished goods 128,629 113,499 Total inventories $ 476,846 $ 517,198

Business Acquisition

Business Acquisition	6 Months Ended
	Oct. 03, 2020
Business Combinations [Abstract]
BUSINESS ACQUISITION	BUSINESS ACQUISITIONS During the three months ended October 3, 2020 , the Company completed the acquisition of 7Hugs Labs S.A.S. ("7Hugs"). During fiscal 2020, the Company completed the acquisitions of Decawave Limited ("Decawave"), Custom MMIC Design Services, Inc. ("Custom MMIC"), Cavendish Kinetics Limited ("Cavendish") and Active-Semi International, Inc. ("Active-Semi"). The operating results of these companies have been included in the Company's consolidated financial statements as of the acquisition dates. 7Hugs Labs S.A.S. On October 1, 2020, the Company acquired all of the outstanding equity interests of 7Hugs, a private developer of ultra-wide band ("UWB") software and solutions, for a total purchase price of $48.7 million , including cash acquired of $1.0 million . The acquisition expands the Company's product offerings and is expected to support the ongoing development and adoption of UWB products and solutions. The purchase price was allocated to 7Hugs' net tangible liabilities (approximately $5.4 million , which includes debt assumed), deferred tax liability (approximately $1.7 million ) and an intangible asset (approximately $37.3 million , entirely related to developed technology) based on their estimated fair values as of October 1, 2020. The fair value of the developed technology was determined based on an income approach using the "relief from royalty method," which estimated the value by discounting the royalties avoided by acquiring the technology to present value as of the valuation date. The acquired developed technology asset is being amortized on a straight-line basis over the estimated useful life of 10 years. The excess of the purchase price over the value of the net tangible liabilities, deferred tax liability and intangible asset resulted in goodwill of approximately $18.5 million . The Company will continue to evaluate certain assets, liabilities and tax estimates over the measurement period (up to one year from the acquisition date). During the three months ended October 3, 2020 , the Company recorded acquisition and integration costs associated with the acquisition of 7Hugs of $1.4 million in "Other operating expense" in the Condensed Consolidated Statement of Income. Decawave Limited On February 21, 2020, the Company acquired all of the outstanding equity interests of Decawave, a pioneer in UWB technology and provider of UWB solutions for mobile, automotive and Internet of Things ("IoT") applications, for a total purchase price of $372.7 million . The acquisition expands the Company's product and technology offerings that enables real-time, highly accurate and reliable local area precision-location services. During the six months ended October 3, 2020 , the Company recognized a decrease to goodwill of approximately $2.6 million as a result of purchase price allocation adjustments. The Company will continue to evaluate certain assets, liabilities, and tax estimates over the measurement period (up to one year from the acquisition date). Custom MMIC Design Services, Inc. On February 6, 2020, the Company acquired all of the outstanding equity interests of Custom MMIC, a supplier of high-performance gallium arsenide ("GaAs") and gallium nitride ("GaN") monolithic microwave integrated circuits ("MMICs") for defense and commercial applications, for a total purchase price of $91.7 million . The acquisition expands the Company's millimeter wave ("mmWave") capabilities for product offerings in defense and commercial markets. On the acquisition date, the purchase price was comprised of cash consideration of $86.0 million and contingent consideration of $5.7 million (based on estimated fair value) which is payable to the sellers in the first quarter of fiscal 2022 if certain revenue targets are achieved over a one-year period from the acquisition date. The contingent consideration liability is remeasured to fair value each period with changes recognized in "Other operating expense." The fair value of the contingent consideration liability as of October 3, 2020 was equal to the maximum amount payable of $10.0 million , which is included in "Accrued liabilities." See Note 6 for further information related to the fair value measurement. During the six months ended October 3, 2020 , the Company recognized a decrease to goodwill of approximately $0.6 million as a result of purchase price allocation adjustments. The Company will continue to evaluate certain assets, liabilities, and tax estimates over the measurement period (up to one year from the acquisition date). Cavendish Kinetics Limited As of September 28, 2019 , the Company had an investment in preferred shares in Cavendish, a private supplier of high-performance radio frequency ("RF") microelectromechanical system ("MEMS") technology for antenna tuning applications, with a carrying value of $59.4 million . The Company accounted for this investment as an equity investment without a readily determinable fair value using the measurement alternative in accordance with ASC 321, "Investments-Equity Securities." On October 4, 2019, the Company acquired the remaining issued and outstanding capital of Cavendish for cash consideration of $198.4 million . The acquisition advances RF MEMS technology for applications across the Company's products and the technology will be transitioned into high-volume manufacturing for mobile devices and other markets. The purchase of the remaining equity interest in Cavendish was considered to be an acquisition achieved in stages, whereby the previously held equity interest was remeasured at its acquisition-date fair value. The Company determined that the fair value of its previously held equity investment was $102.4 million based on the purchase consideration exchanged to acquire the remaining issued and outstanding capital of Cavendish, which resulted in recognition of a gain of $43.0 million in the third quarter of fiscal 2020. During the six months ended October 3, 2020 , the Company recognized an increase to goodwill of approximately $1.6 million and a decrease to intangibles of approximately $2.0 million as a result of purchase price allocation adjustments. The measurement period ended one year from the acquisition date of October 4, 2019. Active-Semi International, Inc. On May 6, 2019, the Company acquired all of the outstanding equity interests of Active-Semi, a private fabless supplier of programmable analog power management solutions, for a total purchase price of $307.9 million . The acquisition expanded the Company's product offerings in power management markets. During the six months ended October 3, 2020 , the Company recognized an increase to goodwill of approximately $0.1 million in connection with finalizing the purchase price allocation. The measurement period ended one year from the acquisition date.

Goodwill and Intangible Assets

Goodwill and Intangible Assets Goodwill and Intangible Assets (Notes)	6 Months Ended
	Oct. 03, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets Disclosure [Text Block]	GOODWILL AND INTANGIBLE ASSETS The changes in the carrying amount of goodwill for the six months ended October 3, 2020 are as follows (in thousands): Mobile Products Infrastructure and Defense Products Total Balance as of March 28, 2020 (1) $ 2,005,432 $ 608,842 $ 2,614,274 Goodwill resulting from 7Hugs acquisition ( Note 4 ) 18,527 — 18,527 Measurement period adjustments ( Note 4 ) (951 ) (508 ) (1,459 ) Foreign currency translation 8,601 — 8,601 Balance as of October 3, 2020 (1) $ 2,031,609 $ 608,334 $ 2,639,943 (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): October 3, 2020 March 28, 2020 Gross Carrying Amount Accumulated Amortization Gross Carrying Amount Accumulated Amortization Developed technology $ 1,269,772 $ 665,442 $ 1,325,472 $ 652,400 Customer relationships 458,150 380,121 463,772 346,799 Technology licenses 2,271 1,706 3,271 2,327 Backlog 1,600 1,067 1,600 267 Trade names 1,000 333 1,200 283 In-process research and development 9,600 N/A 9,600 N/A Foreign currency translation 21,802 961 6,064 11 Total $ 1,764,195 $ 1,049,630 $ 1,810,979 $ 1,002,087 At the beginning of each fiscal year, the Company removes the gross asset and accumulated amortization amounts of intangible assets that have reached the end of their useful lives and have been fully amortized. Useful lives are estimated based on expected economic benefit to be derived from the intangible assets. Total intangible assets amortization expense was $72.4 million and $144.5 million for the three and six months ended October 3, 2020 , respectively, and $56.4 million and $114.8 million for the three and six months ended September 28, 2019

Investments and Fair Value Meas

Investments and Fair Value Measurements	6 Months Ended
	Oct. 03, 2020
Investments and Fair Value Measurements [Abstract]
INVESTMENTS AND FAIR VALUE MEASUREMENTS	INVESTMENTS AND FAIR VALUE OF FINANCIAL INSTRUMENTS Equity Method Investments The Company invests in limited partnerships which are accounted for using the equity method. The carrying amounts of these investments as of October 3, 2020 and March 28, 2020 were $29.8 million and $14.2 million , respectively, and are classified as “Long-term investments” in the Condensed Consolidated Balance Sheets. During the three and six months ended October 3, 2020 , the Company recorded $0.1 million of expense and $15.6 million of income, respectively, based on its share of the limited partnerships' earnings. These amounts are included in “Other income (expense), net” in the Condensed Consolidated Statements of Income. Equity Investments Without a Readily Determinable Fair Value During the fourth quarter of fiscal 2020, the Company recorded an impairment of $18.3 million on an equity investment without a readily determinable fair value based on observable price changes present at the time. During the first quarter of fiscal 2021, the Company recorded an additional impairment of $2.8 million to fully impair this investment. This amount is recorded in “Other income (expense), net” in the Condensed Consolidated Statement of Income. Fair Value of Financial Instruments The fair value of the financial assets and liabilities measured on a recurring basis was determined using the following levels of inputs as of October 3, 2020 and March 28, 2020 (in thousands): Total Quoted Prices In Active Markets For Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) October 3, 2020 Assets Marketable equity securities $ 282 $ 282 $ — $ — Invested funds in deferred compensation plan (1) 26,316 26,316 — — Total assets measured at fair value $ 26,598 $ 26,598 $ — $ — Liabilities Deferred compensation plan obligation (1) $ 26,316 $ 26,316 $ — $ — Contingent earn-out liability (2) 10,000 — — 10,000 Total liabilities measured at fair value $ 36,316 $ 26,316 $ — $ 10,000 March 28, 2020 Assets Marketable equity securities $ 459 $ 459 $ — $ — Invested funds in deferred compensation plan (1) 19,398 19,398 — — Total assets measured at fair value $ 19,857 $ 19,857 $ — $ — Liabilities Deferred compensation plan obligation (1) $ 19,398 $ 19,398 $ — $ — Contingent earn-out liability (2) 5,700 — — 5,700 Total liabilities measured at fair value $ 25,098 $ 19,398 $ — $ 5,700 (1) The Company's 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 assets deferred by the participants in the “Other current assets” and “Other non-current assets” line items of its Condensed 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 Condensed Consolidated Balance Sheets. (2) The Company recorded a contingent earn-out liability in conjunction with the Custom MMIC acquisition. The fair value of this liability is estimated using an option pricing model and is remeasured to fair value each period with changes in fair value reported in “Other operating expense” in the Condensed Consolidated Statements of Income. As of October 3, 2020 , the fair value of the contingent consideration liability was equal to the maximum amount payable of $10.0 million . No payments have been made for the contingent liability as the earn-out assessment period is still ongoing. Any anticipated payments are expected to be settled during the first quarter of fiscal 2022.

Debt

Debt	6 Months Ended
	Oct. 03, 2020
Debt Disclosure [Abstract]
DEBT	DEBT Long-term debt as of October 3, 2020 and March 28, 2020 is as follows (in thousands): October 3, 2020 March 28, 2020 Term loan $ 200,000 $ 100,000 7.00% senior notes due 2025 23,404 23,404 5.50% senior notes due 2026 (1) 900,000 900,000 4.375% senior notes due 2029 850,000 550,000 3.375% senior notes due 2031 700,000 — Finance leases 1,606 2,252 Unamortized premium and issuance costs, net (5,528 ) (1,532 ) Less current portion of long-term debt (1) (905,086 ) (6,893 ) Total long-term debt $ 1,764,396 $ 1,567,231 (1) On October 16, 2020, the Company completed the redemption of all of its outstanding 5.50% senior notes due 2026. As of October 3, 2020 , the outstanding principal balance is included in "Current portion of long-term debt" in the Condensed Consolidated Balance Sheet (see below and Note 15 for additional information). Credit Agreement On September 29, 2020, the Company and certain of its U.S. subsidiaries (the “Guarantors”) entered into a five-year unsecured senior credit facility pursuant to a credit agreement (the "2020 Credit Agreement") with Bank of America, N.A. acting as administrative agent (the “Administrative Agent”) and a syndicate of lenders. The 2020 Credit Agreement amended and restated the previous credit agreement dated as of December 5, 2017 (the “2017 Credit Agreement”). The 2020 Credit Agreement includes a senior term loan (the "2020 Term Loan") of up to $200.0 million and a senior revolving line of credit (the "Revolving Facility") of up to $300.0 million (collectively the “Credit Facility”). On the closing date of the 2020 Credit Agreement, the Company repaid the remaining principal balance of $97.5 million on the term loan under the 2017 Credit Agreement (the “2017 Term Loan”) and concurrently drew $200.0 million under the 2020 Term Loan. Interest paid on the 2017 Term Loan during the three and six months ended October 3, 2020 was $0.4 million and $0.8 million , respectively. Pursuant to the 2020 Credit Agreement, the Company may request one or more additional tranches of term loans or increases to the Revolving Facility, up to an aggregate of $500.0 million and subject to securing additional funding commitments from the existing or new lenders. 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 Credit Facility is available to finance working capital, capital expenditures and other general corporate purposes. Outstanding amounts are due in full on the maturity date of September 29, 2025, subject to scheduled amortization of the 2020 Term Loan principal prior to the maturity date as set forth in the 2020 Credit Agreement. During the six months ended October 3, 2020 , there were no borrowings under the Revolving Facility. At the Company’s option, loans under the 2020 Credit Agreement will bear interest at (i) the Applicable Rate (as defined in the 2020 Credit Agreement) plus the Eurodollar Rate (as defined in the 2020 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 as set by the Administrative Agent, and (c) the Eurodollar Rate plus 1.0% (the “Base Rate”). All swing line 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 or six months, as selected by the Company. The Applicable Rate for Eurodollar Rate loans ranges from 1.000% per annum to 1.250% per annum and is set at 1.125% per annum until the delivery of the Company’s first compliance certificate to the lenders following the fiscal quarter ending January 2, 2021. The Applicable Rate for Base Rate loans ranges from 0.000% per annum to 0.250% per annum, and is set at 0.125% per annum until the delivery of the Company’s first compliance certificate to the lenders following the fiscal quarter ending January 2, 2021. Undrawn amounts under the Credit Facility are subject to a commitment fee ranging from 0.150% to 0.200% . Interest for Eurodollar Rate loans is 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 is payable quarterly in arrears. The 2020 Credit Agreement contains various conditions, covenants and representations with which the Company must be in compliance in order to borrow funds and to avoid an event of default. As of October 3, 2020 , the Company was in compliance with these covenants. Senior Notes due 2025 On November 19, 2015, the Company issued $550.0 million aggregate principal amount of its 7.00% senior notes due December 1, 2025 (the “2025 Notes”). Interest on the 2025 Notes is payable on June 1 and December 1 of each year. The 2025 Notes are senior unsecured obligations of the Company and guaranteed, jointly and severally, by the Guarantors. The 2025 Notes were issued pursuant to an indenture dated as of November 19, 2015 (the “2015 Indenture”), by and among the Company, the Guarantors and MUFG Union Bank, N.A., as trustee. The 2015 Indenture contains customary events of default, including payment default, failure to provide certain notices and certain provisions related to bankruptcy events. In fiscal years 2018 and 2019, the Company retired $526.6 million of the 2025 Notes. As of October 3, 2020 , an aggregate principal amount of $23.4 million of the 2025 Notes remained outstanding. The Company paid no interest on the 2025 Notes during the three months ended October 3, 2020 and September 28, 2019 , and paid interest of $0.8 million on the 2025 Notes during each of the six months ended October 3, 2020 and September 28, 2019 . Senior Notes due 2026 On July 16, 2018, the Company issued $500.0 million aggregate principal amount of its 5.50% senior notes due July 15, 2026 (the “Initial 2026 Notes”). On August 28, 2018 and March 5, 2019, the Company issued an additional $130.0 million and $270.0 million , respectively, aggregate principal amount of such notes (together, the “Additional 2026 Notes” and together with the Initial 2026 Notes, the “2026 Notes”). Interest is payable on the 2026 Notes on January 15 and July 15 of each year. The 2026 Notes are senior unsecured obligations of the Company and are initially guaranteed, jointly and severally, by the Guarantors. The Initial 2026 Notes were issued pursuant to an indenture, dated as of July 16, 2018, by and among the Company, the Guarantors and MUFG Union Bank, N.A., as trustee, and the Additional 2026 Notes were issued pursuant to supplemental indentures, dated as of August 28, 2018 and March 5, 2019 (such indenture and supplemental indentures, collectively, the “2018 Indenture”). The 2018 Indenture contains customary events of default, including payment default, exchange default, failure to provide certain notices thereunder and certain provisions related to bankruptcy events and also contains customary negative covenants. During the three and six months ended October 3, 2020 and September 28, 2019 , interest paid on the 2026 Notes was $24.8 million . During the three months ended October 3, 2020, in connection with the offering of the 2031 Notes (as defined below), the Company delivered to MUFG Union Bank, N.A., as trustee, a Notice of Redemption for all of the outstanding 2026 Notes, at a cash redemption price to be calculated as provided in the 2026 Notes, plus accrued and unpaid interest, to the redemption date of October 16, 2020. On October 16, 2020, the Company completed the redemption of the 2026 Notes at a redemption price equal to 106.363% of the principal amount, plus accrued and unpaid interest. The 2026 Notes were redeemed using proceeds from the recent issuance of the 2031 Notes (as defined below) combined with cash on hand plus borrowings under the 2020 Term Loan. The principal balance of the 2026 Notes was reclassified as of October 3, 2020 from "Long-term debt" to "Current portion of long-term debt" in the Condensed Consolidated Balance Sheet due to the Company's intention to retire the obligation soon after the balance sheet date. Senior Notes due 2029 On September 30, 2019, the Company issued $350.0 million aggregate principal amount of its 4.375% senior notes due 2029 (the “Initial 2029 Notes”). On December 20, 2019 and June 11, 2020, the Company issued an additional $200.0 million and $300.0 million , respectively, aggregate principal amount of such notes (together, the “Additional 2029 Notes” and together with the Initial 2029 Notes, the “2029 Notes”). Interest is payable on the 2029 Notes on April 15 and October 15 of each year. The 2029 Notes will mature on October 15, 2029, unless earlier redeemed in accordance with their terms. The 2029 Notes are senior unsecured obligations of the Company and are initially guaranteed, jointly and severally, by the Guarantors. The Initial 2029 Notes were issued pursuant to an indenture, dated as of September 30, 2019, by and among the Company, the Guarantors and MUFG Union Bank, N.A., as trustee, and the Additional 2029 Notes were issued pursuant to supplemental indentures, dated as of December 20, 2019 and June 11, 2020 (such indenture and supplemental indentures, collectively, the “2019 Indenture”). The 2019 Indenture contains customary events of default, including payment default, exchange default, failure to provide certain notices thereunder and certain provisions related to bankruptcy events and also contains customary negative covenants. In connection with the offerings of the 2029 Notes, the Company agreed to provide the holders of the 2029 Notes with an opportunity to exchange the 2029 Notes for registered notes having terms substantially identical to the 2029 Notes. On August 28, 2020, the Company completed the exchange offer, in which substantially all of the privately placed 2029 Notes were exchanged for new notes that have been registered under the Securities Act of 1933, as amended (the “Securities Act”). The Company paid no interest on the 2029 Notes during the three months ended October 3, 2020 and paid interest of $13.0 million on the 2029 Notes during the six months ended October 3, 2020 . Senior Notes due 2031 On September 29, 2020, the Company issued $700.0 million aggregate principal amount of its 3.375% senior notes due 2031 (the “2031 Notes”). Interest is payable on the 2031 Notes on April 1 and October 1 of each year, commencing April 1, 2021. The 2031 Notes will mature on April 1, 2031, unless earlier redeemed in accordance with their terms. The 2031 Notes are senior unsecured obligations of the Company and are initially guaranteed, jointly and severally, by the Guarantors. The 2031 Notes were sold in a private offering to certain institutions that then resold the 2031 Notes in the United States to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act, and to certain non-U.S. persons in accordance with Regulation S under the Securities Act. The Company used the net proceeds of the offering of the 2031 Notes, together with the 2020 Term Loan and cash on hand, to redeem all of the outstanding 2026 Notes as described above. The 2031 Notes were issued pursuant to an indenture, dated as of September 29, 2020, by and among the Company, the Guarantors and MUFG Union Bank, N.A., as trustee (the “2020 Indenture”). The 2020 Indenture contains customary events of default, including payment default, failure to provide certain notices thereunder and certain provisions related to bankruptcy events and also contains customary negative covenants. The 2031 Notes have not been and will not be registered under the Securities Act, or any state securities laws, and may not be offered or sold in the United States absent an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws. Fair Value of Debt The Company's debt is carried at amortized cost and is measured at fair value quarterly for disclosure purposes. The estimated fair value of the 2025 Notes, 2026 Notes, 2029 Notes and 2031 Notes as of October 3, 2020 was $23.7 million , $956.1 million , $906.3 million , and $713.1 million , respectively (compared to a carrying value of $23.4 million , $900.0 million , $850.0 million , and $700.0 million , respectively). The estimated fair value of the 2025 Notes, 2026 Notes and the 2029 Notes as of March 28, 2020 was $23.9 million , $962.8 million , and $489.5 million , respectively (compared to a carrying value of $23.4 million , $900.0 million , and $550.0 million , respectively). The Company considers its debt to be Level 2 in the fair value hierarchy. Fair values are estimated based on quoted market prices for identical or similar instruments. The 2025 Notes, 2026 Notes, 2029 Notes and 2031 Notes trade over the counter, and their fair values were estimated based upon the value of their last trade at the end of the period. The 2020 Term Loan carries a variable interest rate set at current market rates, and as such, the fair value of the 2020 Term Loan approximated book value as of October 3, 2020 . Interest Expense During the three and six months ended October 3, 2020 , the Company recognized interest expense of $24.6 million and $44.6 million , respectively, primarily related to the 2026 Notes and the 2029 Notes, which was partially offset by interest capitalized to property and equipment of $1.1 million and $2.3 million , respectively. During the three and six months ended September 28, 2019 , the Company recognized interest expense of $14.0 million and $27.6 million , respectively, primarily related to the 2026 Notes, which was partially offset by interest capitalized to property and equipment of $1.3 million and $3.0 million , respectively.

Stock Repurchases

Stock Repurchases	6 Months Ended
	Oct. 03, 2020
Equity [Abstract]
STOCK REPURCHASES	STOCK REPURCHASES On October 31, 2019, the Company announced that its Board of Directors authorized a new share repurchase program to repurchase up to $1.0 billion of the Company's outstanding common stock, which included approximately $117.0 million authorized under the prior program which was terminated concurrent with the new authorization. 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 depends 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. During the three and six months ended October 3, 2020 , the Company repurchased approximately 0.8 million and 1.6 million shares, respectively, of its common stock for approximately $105.0 million and $180.0 million , respectively, under the current share repurchase program. As of October 3, 2020 , approximately $585.9 million remained available for repurchases under the current share repurchase program. During the three and six months ended September 28, 2019 , the Company repurchased approximately 2.3 million and 3.8 million shares, respectively, of its common stock for approximately $165.0 million and $265.1 million , respectively, under the prior share repurchase program.

Commitments and Contingent Liab

Commitments and Contingent Liabilities (Notes)	6 Months Ended
	Oct. 03, 2020
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	COMMITMENTS AND CONTINGENT LIABILITIES 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.

Revenue

Revenue	6 Months Ended
	Oct. 03, 2020
Revenue from Contract with Customer [Abstract]
REVENUE	REVENUE The following table presents the Company's revenue disaggregated by geography, based on the location of the customers' headquarters (in thousands): Three Months Ended Six Months Ended October 3, 2020 September 28, 2019 October 3, 2020 September 28, 2019 United States $ 459,416 $ 452,926 $ 707,661 $ 720,422 China 391,011 199,945 778,233 561,088 Other Asia 102,548 78,606 160,645 148,615 Taiwan 53,350 38,044 106,679 79,033 Europe 53,967 37,177 94,525 73,138 Total revenue $ 1,060,292 $ 806,698 $ 1,847,743 $ 1,582,296 The Company also disaggregates revenue by operating segments (see Note 12 ).

Restructuring

Restructuring	6 Months Ended
	Oct. 03, 2020
Restructuring and Related Activities [Abstract]
RESTRUCTURING	RESTRUCTURING During fiscal 2019, the Company initiated restructuring actions to reduce operating expenses and improve its manufacturing cost structure, including the phased closure of a wafer fabrication facility in Florida and idling production at a wafer fabrication facility in Texas. As a result of these restructuring actions, the Company has recorded cumulative restructuring related charges totaling $92.8 million as of the end of the second quarter of fiscal 2021 , including accelerated depreciation of $47.4 million (to reflect changes in estimated useful lives of certain property and equipment), impairment charges of $15.9 million (to adjust the carrying value of certain property and equipment to reflect its fair value), employee termination benefits of $13.6 million and other exit costs of $15.9 million . The Company expects to record additional expenses of approximately $0.4 million for employee termination benefits and other exit costs as a result of these actions. The following table summarizes the restructuring charges resulting from the 2019 restructuring event (in thousands): Three Months Ended October 3, 2020 Three Months Ended September 28, 2019 Cost of Goods Sold Other Operating Expense Total Cost of Goods Sold Other Operating Expense Total One-time employee termination benefits (1) $ — $ (289 ) $ (289 ) $ — $ 1,364 $ 1,364 Contract termination and other associated costs — 233 233 1,034 1,214 2,248 Accelerated depreciation — — — 5,578 — 5,578 Total $ — $ (56 ) $ (56 ) $ 6,612 $ 2,578 $ 9,190 Six Months Ended October 3, 2020 Six Months Ended September 28, 2019 Cost of Goods Sold Other Operating Expense Total Cost of Goods Sold Other Operating Expense Total One-time employee termination benefits (1) $ — $ (43 ) $ (43 ) $ — $ 4,614 $ 4,614 Contract termination and other associated costs — 858 858 2,870 3,982 6,852 Accelerated depreciation — — — 21,516 — 21,516 Total $ — $ 815 $ 815 $ 24,386 $ 8,596 $ 32,982 (1) Includes reversal due to true-up of previously accrued restructuring charges. The Company has entered into other individually immaterial restructuring plans. The Company's restructuring charges related to these plans was $0.7 million for the three and six months ended October 3, 2020 and $0.3 million and $0.4 million for the three and six months ended September 28, 2019 , respectively. The following table summarizes the activity related to the Company's restructuring liabilities for the six months ended October 3, 2020 (in thousands): One-Time Employee Termination Benefits Contract Termination and Other Associated Costs Total Accrued restructuring balance as of March 28, 2020 $ 1,728 $ 270 $ 1,998 Costs incurred and charged to expense 539 1,008 1,547 Cash payments (1,089 ) (949 ) (2,038 ) Non-cash activity — (113 ) (113 ) Accrued restructuring balance as of October 3, 2020 $ 1,178 $ 216 $ 1,394

Operating Segment Information

Operating Segment Information	6 Months Ended
	Oct. 03, 2020
Segment Reporting [Abstract]
OPERATING SEGMENT INFORMATION	OPERATING SEGMENT INFORMATION The Company's operating and reportable segments as of October 3, 2020 are Mobile Products ("MP") and Infrastructure and Defense Products ("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. MP is a global supplier of cellular, UWB and Wi-Fi solutions for a variety of high-volume markets, including smartphones, wearables, laptops, tablets and IoT applications. IDP is a global supplier of RF, system-on-a-chip and power management solutions for wireless infrastructure, defense, smart home, automotive, and IoT. The "All other" category includes operating expenses such as stock-based compensation, amortization of intangible assets, acquisition and integration related costs, restructuring related charges, start-up costs, accelerated depreciation, gain (loss) 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 operating and reportable segments and a reconciliation of the “All other” category (in thousands): Three Months Ended Six Months Ended October 3, September 28, October 3, September 28, Revenue: MP $ 754,294 $ 623,106 $ 1,222,698 $ 1,179,359 IDP 305,998 183,592 625,045 402,937 Total revenue $ 1,060,292 $ 806,698 $ 1,847,743 $ 1,582,296 Operating income (loss): MP $ 262,858 $ 193,431 $ 372,841 $ 333,366 IDP 66,495 14,969 160,250 65,093 All other (107,709 ) (95,633 ) (218,735 ) (230,466 ) Operating income 221,644 112,767 314,356 167,993 Interest expense (23,486 ) (12,693 ) (42,335 ) (24,557 ) Interest income 1,272 2,292 2,462 5,238 Other income (expense), net 648 (300 ) 22,595 (1,411 ) Income before income taxes $ 200,078 $ 102,066 $ 297,078 $ 147,263 Three Months Ended Six Months Ended October 3, September 28, October 3, September 28, Reconciliation of “All other” category: Stock-based compensation expense $ (30,048 ) $ (20,876 ) $ (51,907 ) $ (45,829 ) Amortization of intangible assets (72,147 ) (56,288 ) (144,091 ) (114,470 ) Acquisition and integration related costs (7,259 ) (7,549 ) (19,922 ) (30,679 ) Restructuring related charges (609 ) (3,863 ) (1,547 ) (11,894 ) Accelerated depreciation — (6,635 ) — (22,573 ) Other (including gain (loss) on assets, start-up costs and other miscellaneous corporate overhead) 2,354 (422 ) (1,268 ) (5,021 ) Loss from operations for “All other” $ (107,709 ) $ (95,633 ) $ (218,735 ) $ (230,466 )

Income Taxes

Income Taxes	6 Months Ended
	Oct. 03, 2020
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES The Company’s provision for income taxes for the three and six months ended October 3, 2020 and September 28, 2019 was calculated by applying an estimate of the annual effective tax rate for the full fiscal year to “ordinary” income or loss (pre-tax income or loss excluding unusual or infrequently occurring discrete items) for those respective periods. The Company’s income tax expense was $63.2 million for the three and six months ended October 3, 2020 , and the Company’s income tax expense was $19.0 million and $24.7 million , respectively, for the three and six months ended September 28, 2019 . The Company’s effective tax rate was 31.6% and 21.3% for the three and six months ended October 3, 2020 , respectively, and 18.6% and 16.8% for the three and six months ended September 28, 2019 , respectively. The Company's effective tax rate for the three and six months ended October 3, 2020 differed from the statutory rate primarily due to tax rate differences in foreign jurisdictions, global intangible low tax income (“GILTI”), domestic tax credits generated, and discrete tax items recorded during the period. A discrete charge of $45.2 million and $35.2 million was recorded during the three and six months ended October 3, 2020 , respectively. The discrete charge primarily relates to the intercompany restructuring of the Cavendish intellectual property, partially offset by discrete tax benefits recognized for stock-based compensation deductions and a retroactive incentive allowing previously non-deductible payments to be amortized. The Company's effective tax rate for the three and six months ended September 28, 2019 differed from the statutory rate primarily due to tax rate differences in foreign jurisdictions, GILTI, domestic tax credits generated, foreign permanent differences, the discrete treatment of post-combination compensation related expenses due to the Active-Semi acquisition, and a discrete expense related to the Company’s change in its permanent reinvestment assertion for certain unrepatriated foreign earnings previously subject to U.S. federal taxation.

Net Income Per Share

Net Income Per Share	6 Months Ended
	Oct. 03, 2020
Earnings Per Share [Abstract]
NET INCOME (LOSS) PER SHARE	NET INCOME PER SHARE The following table sets forth the computation of basic and diluted net income per share (in thousands, except per share data): Three Months Ended Six Months Ended October 3, 2020 September 28, 2019 October 3, 2020 September 28, 2019 Numerator: Numerator for basic and diluted net income per share — net income available to common stockholders $ 136,917 $ 83,038 $ 233,839 $ 122,579 Denominator: Denominator for basic net income per share — weighted average shares 114,328 117,294 114,388 117,945 Effect of dilutive securities: Stock-based awards 1,849 2,135 2,007 2,251 Denominator for diluted net income per share — adjusted weighted average shares and assumed conversions 116,177 119,429 116,395 120,196 Basic net income per share $ 1.20 $ 0.71 $ 2.04 $ 1.04 Diluted net income per share $ 1.18 $ 0.70 $ 2.01 $ 1.02 In the computation of diluted net income per share for the three and six months ended October 3, 2020 , approximately 0.3 million and 0.1 million outstanding shares, respectively, were excluded because the effect of their inclusion would have been anti-dilutive. In the computation of diluted net income per share for the three and six months ended September 28, 2019 , approximately 0.4 million and 0.2 million outstanding shares, respectively, were excluded because the effect of their inclusion would have been anti-dilutive.

Subsequent Event (Notes)

Subsequent Event (Notes)	6 Months Ended
	Oct. 03, 2020
Subsequent Events [Abstract]
Subsequent Events [Text Block]	SUBSEQUENT EVENT Prior to October 3, 2020, in connection with the offering of the 2031 Notes, the Company delivered to MUFG Union Bank, N.A., as trustee, a Notice of Redemption for the $900.0 million principal balance of the 2026 Notes. On October 16, 2020, the Company completed the redemption of the 2026 Notes at a redemption price equal to 106.363% of the principal amount, plus accrued and unpaid interest, for a total cash payment of $969.8 million . The 2026 Notes were redeemed using proceeds from the recent issuance of the 2031 Notes combined with cash on hand plus borrowings under the 2020 Term Loan. The principal balance of the 2026 Notes was reclassified as of October 3, 2020 from "Long-term debt" to "Current portion of long-term debt" in the Condensed Consolidated Balance Sheet due to the Company's intention to retire the obligation soon after the balance sheet date.

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets Goodwill Allocation (Policies)	6 Months Ended
	Oct. 03, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets, Goodwill, Policy [Policy Text Block]	Goodwill is allocated to the reporting units that are expected to benefit from the synergies of the business combinations generating the underlying goodwill.

Long-Term Debt Fair Value of De

Long-Term Debt Fair Value of Debt (Policies)	6 Months Ended
	Oct. 03, 2020
Debt Disclosure [Abstract]
Fair value of debt [Policy Text Block]	The Company's debt is carried at amortized cost and is measured at fair value quarterly for disclosure purposes. The estimated fair value of the 2025 Notes, 2026 Notes, 2029 Notes and 2031 Notes as of October 3, 2020 was $23.7 million , $956.1 million , $906.3 million , and $713.1 million , respectively (compared to a carrying value of $23.4 million , $900.0 million , $850.0 million , and $700.0 million , respectively). The estimated fair value of the 2025 Notes, 2026 Notes and the 2029 Notes as of March 28, 2020 was $23.9 million , $962.8 million , and $489.5 million , respectively (compared to a carrying value of $23.4 million , $900.0 million , and $550.0 million , respectively). The Company considers its debt to be Level 2 in the fair value hierarchy. Fair values are estimated based on quoted market prices for identical or similar instruments. The 2025 Notes, 2026 Notes, 2029 Notes and 2031 Notes trade over the counter, and their fair values were estimated based upon the value of their last trade at the end of the period. The 2020 Term Loan carries a variable interest rate set at current market rates, and as such, the fair value of the 2020 Term Loan approximated book value as of October 3, 2020

Operating Segment Information S

Operating Segment Information Segment Policy (Policies)	6 Months Ended
	Oct. 03, 2020
Segment Reporting [Abstract]
Segment Reporting, Policy [Policy Text Block]	The Company's operating and reportable segments as of October 3, 2020

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Oct. 03, 2020
Inventory Disclosure [Abstract]
Components of inventories	The components of inventories, net of reserves, are as follows (in thousands): October 3, 2020 March 28, 2020 Raw materials $ 114,391 $ 112,671 Work in process 233,826 291,028 Finished goods 128,629 113,499 Total inventories $ 476,846 $ 517,198

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets Goodwill (Tables)	6 Months Ended
	Oct. 03, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill [Table Text Block]	The changes in the carrying amount of goodwill for the six months ended October 3, 2020 are as follows (in thousands): Mobile Products Infrastructure and Defense Products Total Balance as of March 28, 2020 (1) $ 2,005,432 $ 608,842 $ 2,614,274 Goodwill resulting from 7Hugs acquisition ( Note 4 ) 18,527 — 18,527 Measurement period adjustments ( Note 4 ) (951 ) (508 ) (1,459 ) Foreign currency translation 8,601 — 8,601 Balance as of October 3, 2020 (1) $ 2,031,609 $ 608,334 $ 2,639,943 (1) The Company’s goodwill balance is presented net of accumulated impairment losses and write-offs of $621.6 million .
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): October 3, 2020 March 28, 2020 Gross Carrying Amount Accumulated Amortization Gross Carrying Amount Accumulated Amortization Developed technology $ 1,269,772 $ 665,442 $ 1,325,472 $ 652,400 Customer relationships 458,150 380,121 463,772 346,799 Technology licenses 2,271 1,706 3,271 2,327 Backlog 1,600 1,067 1,600 267 Trade names 1,000 333 1,200 283 In-process research and development 9,600 N/A 9,600 N/A Foreign currency translation 21,802 961 6,064 11 Total $ 1,764,195 $ 1,049,630 $ 1,810,979 $ 1,002,087

Investments and Fair Value Me_2

Investments and Fair Value Measurements (Tables)	6 Months Ended
	Oct. 03, 2020
Investments and Fair Value Measurements [Abstract]
Fair value of the financial assets measured at fair value on a recurring basis	The fair value of the financial assets and liabilities measured on a recurring basis was determined using the following levels of inputs as of October 3, 2020 and March 28, 2020 (in thousands): Total Quoted Prices In Active Markets For Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) October 3, 2020 Assets Marketable equity securities $ 282 $ 282 $ — $ — Invested funds in deferred compensation plan (1) 26,316 26,316 — — Total assets measured at fair value $ 26,598 $ 26,598 $ — $ — Liabilities Deferred compensation plan obligation (1) $ 26,316 $ 26,316 $ — $ — Contingent earn-out liability (2) 10,000 — — 10,000 Total liabilities measured at fair value $ 36,316 $ 26,316 $ — $ 10,000 March 28, 2020 Assets Marketable equity securities $ 459 $ 459 $ — $ — Invested funds in deferred compensation plan (1) 19,398 19,398 — — Total assets measured at fair value $ 19,857 $ 19,857 $ — $ — Liabilities Deferred compensation plan obligation (1) $ 19,398 $ 19,398 $ — $ — Contingent earn-out liability (2) 5,700 — — 5,700 Total liabilities measured at fair value $ 25,098 $ 19,398 $ — $ 5,700 (1) The Company's 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 assets deferred by the participants in the “Other current assets” and “Other non-current assets” line items of its Condensed 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 Condensed Consolidated Balance Sheets. (2) The Company recorded a contingent earn-out liability in conjunction with the Custom MMIC acquisition. The fair value of this liability is estimated using an option pricing model and is remeasured to fair value each period with changes in fair value reported in “Other operating expense” in the Condensed Consolidated Statements of Income. As of October 3, 2020 , the fair value of the contingent consideration liability was equal to the maximum amount payable of $10.0 million . No payments have been made for the contingent liability as the earn-out assessment period is still ongoing. Any anticipated payments are expected to be settled during the first quarter of fiscal 2022.

Debt (Tables)

Debt (Tables)	6 Months Ended
	Oct. 03, 2020
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments	Long-term debt as of October 3, 2020 and March 28, 2020 is as follows (in thousands): October 3, 2020 March 28, 2020 Term loan $ 200,000 $ 100,000 7.00% senior notes due 2025 23,404 23,404 5.50% senior notes due 2026 (1) 900,000 900,000 4.375% senior notes due 2029 850,000 550,000 3.375% senior notes due 2031 700,000 — Finance leases 1,606 2,252 Unamortized premium and issuance costs, net (5,528 ) (1,532 ) Less current portion of long-term debt (1) (905,086 ) (6,893 ) Total long-term debt $ 1,764,396 $ 1,567,231

Revenue (Tables)

Revenue (Tables)	6 Months Ended
	Oct. 03, 2020
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	The following table presents the Company's revenue disaggregated by geography, based on the location of the customers' headquarters (in thousands): Three Months Ended Six Months Ended October 3, 2020 September 28, 2019 October 3, 2020 September 28, 2019 United States $ 459,416 $ 452,926 $ 707,661 $ 720,422 China 391,011 199,945 778,233 561,088 Other Asia 102,548 78,606 160,645 148,615 Taiwan 53,350 38,044 106,679 79,033 Europe 53,967 37,177 94,525 73,138 Total revenue $ 1,060,292 $ 806,698 $ 1,847,743 $ 1,582,296

Restructuring (Tables)

Restructuring (Tables)	6 Months Ended
	Oct. 03, 2020
Restructuring and Related Activities [Abstract]
Schedule of restructuring activity	The following table summarizes the restructuring charges resulting from the 2019 restructuring event (in thousands): Three Months Ended October 3, 2020 Three Months Ended September 28, 2019 Cost of Goods Sold Other Operating Expense Total Cost of Goods Sold Other Operating Expense Total One-time employee termination benefits (1) $ — $ (289 ) $ (289 ) $ — $ 1,364 $ 1,364 Contract termination and other associated costs — 233 233 1,034 1,214 2,248 Accelerated depreciation — — — 5,578 — 5,578 Total $ — $ (56 ) $ (56 ) $ 6,612 $ 2,578 $ 9,190 Six Months Ended October 3, 2020 Six Months Ended September 28, 2019 Cost of Goods Sold Other Operating Expense Total Cost of Goods Sold Other Operating Expense Total One-time employee termination benefits (1) $ — $ (43 ) $ (43 ) $ — $ 4,614 $ 4,614 Contract termination and other associated costs — 858 858 2,870 3,982 6,852 Accelerated depreciation — — — 21,516 — 21,516 Total $ — $ 815 $ 815 $ 24,386 $ 8,596 $ 32,982
Restructuring Liabilities Rollforward [Table Text Block]	The following table summarizes the activity related to the Company's restructuring liabilities for the six months ended October 3, 2020 (in thousands): One-Time Employee Termination Benefits Contract Termination and Other Associated Costs Total Accrued restructuring balance as of March 28, 2020 $ 1,728 $ 270 $ 1,998 Costs incurred and charged to expense 539 1,008 1,547 Cash payments (1,089 ) (949 ) (2,038 ) Non-cash activity — (113 ) (113 ) Accrued restructuring balance as of October 3, 2020 $ 1,178 $ 216 $ 1,394

Operating Segment Information (

Operating Segment Information (Tables)	6 Months Ended
	Oct. 03, 2020
Segment Reporting [Abstract]
Summary of details of reportable segments	The following tables present details of the Company’s operating and reportable segments and a reconciliation of the “All other” category (in thousands): Three Months Ended Six Months Ended October 3, September 28, October 3, September 28, Revenue: MP $ 754,294 $ 623,106 $ 1,222,698 $ 1,179,359 IDP 305,998 183,592 625,045 402,937 Total revenue $ 1,060,292 $ 806,698 $ 1,847,743 $ 1,582,296 Operating income (loss): MP $ 262,858 $ 193,431 $ 372,841 $ 333,366 IDP 66,495 14,969 160,250 65,093 All other (107,709 ) (95,633 ) (218,735 ) (230,466 ) Operating income 221,644 112,767 314,356 167,993 Interest expense (23,486 ) (12,693 ) (42,335 ) (24,557 ) Interest income 1,272 2,292 2,462 5,238 Other income (expense), net 648 (300 ) 22,595 (1,411 ) Income before income taxes $ 200,078 $ 102,066 $ 297,078 $ 147,263
Summary of reconciliation of "All other" category	Three Months Ended Six Months Ended October 3, September 28, October 3, September 28, Reconciliation of “All other” category: Stock-based compensation expense $ (30,048 ) $ (20,876 ) $ (51,907 ) $ (45,829 ) Amortization of intangible assets (72,147 ) (56,288 ) (144,091 ) (114,470 ) Acquisition and integration related costs (7,259 ) (7,549 ) (19,922 ) (30,679 ) Restructuring related charges (609 ) (3,863 ) (1,547 ) (11,894 ) Accelerated depreciation — (6,635 ) — (22,573 ) Other (including gain (loss) on assets, start-up costs and other miscellaneous corporate overhead) 2,354 (422 ) (1,268 ) (5,021 ) Loss from operations for “All other” $ (107,709 ) $ (95,633 ) $ (218,735 ) $ (230,466 )

Net Income Per Share (Tables)

Net Income Per Share (Tables)	6 Months Ended
	Oct. 03, 2020
Earnings Per Share [Abstract]
Reconciliation of the numerators and denominators in the computation of basic and diluted net loss per share	The following table sets forth the computation of basic and diluted net income per share (in thousands, except per share data): Three Months Ended Six Months Ended October 3, 2020 September 28, 2019 October 3, 2020 September 28, 2019 Numerator: Numerator for basic and diluted net income per share — net income available to common stockholders $ 136,917 $ 83,038 $ 233,839 $ 122,579 Denominator: Denominator for basic net income per share — weighted average shares 114,328 117,294 114,388 117,945 Effect of dilutive securities: Stock-based awards 1,849 2,135 2,007 2,251 Denominator for diluted net income per share — adjusted weighted average shares and assumed conversions 116,177 119,429 116,395 120,196 Basic net income per share $ 1.20 $ 0.71 $ 2.04 $ 1.04 Diluted net income per share $ 1.18 $ 0.70 $ 2.01 $ 1.02

Recent Accounting Pronounceme_2

Recent Accounting Pronouncements Recent Accounting Pronouncements (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Oct. 03, 2020	Oct. 03, 2020
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cumulative-effect adoption of ASU 2016-13		$ (38)
Retained Earnings [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cumulative-effect adoption of ASU 2016-13	$ 100

Inventories (Details)

Inventories (Details) - USD ($) $ in Thousands	Oct. 03, 2020	Mar. 28, 2020
Components of inventories
Raw materials	$ 114,391	$ 112,671
Work in process	233,826	291,028
Finished goods	128,629	113,499
Total inventories	$ 476,846	$ 517,198

Business Acquisition Narrative

Business Acquisition Narrative (Details) - USD ($) $ in Thousands	Oct. 01, 2020	Feb. 21, 2020	Feb. 06, 2020	Oct. 04, 2019	May 06, 2019	Oct. 03, 2020	Sep. 28, 2019	Oct. 03, 2020	Sep. 28, 2019	Mar. 28, 2020
Business Acquisition [Line Items]
Goodwill, Period Increase (Decrease)								$ (1,459)
Payments to Acquire Businesses, Net of Cash Acquired								47,520	$ 299,673
Intangible assets amortization						$ 72,400	$ 56,400	144,470	114,837
Goodwill						2,639,943		2,639,943		$ 2,614,274
7Hugs [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net	$ (5,400)
Business Combination, Consideration Transferred	48,700
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents	1,000
Goodwill	18,500
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities	(1,700)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 37,300
7Hugs [Member] | Other operating expense
Business Acquisition [Line Items]
Business Combination, Integration Related Costs						1,400
Custom MMIC [Member]
Business Acquisition [Line Items]
Payments to Acquire Businesses, Gross			$ 86,000
Business Combination, Contingent Consideration, Liability, Current						10,000		10,000
Business Combination, Consideration Transferred			$ 91,700
Cavendish [Member]
Business Acquisition [Line Items]
Payments to Acquire Businesses, Gross				$ 198,400
Finite-Lived Intangible Assets, Period Increase (Decrease)								(2,000)
Business Combination, Step Acquisition, Equity Interest in Acquiree, Fair Value				$ 102,400
Cavendish [Member] | Other Income [Member]
Business Acquisition [Line Items]
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain										43,000
Active-Semi
Business Acquisition [Line Items]
Business Combination, Consideration Transferred					$ 307,900
Decawave [Member]
Business Acquisition [Line Items]
Business Combination, Consideration Transferred		$ 372,700
Developed Technology | 7Hugs [Member]
Business Acquisition [Line Items]
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	10 years
Infrastructure and Defense Products
Business Acquisition [Line Items]
Goodwill, Period Increase (Decrease)								(508)
Goodwill						608,334		608,334		608,842
Infrastructure and Defense Products | Custom MMIC [Member]
Business Acquisition [Line Items]
Goodwill, Period Increase (Decrease)								(600)
Infrastructure and Defense Products | Active-Semi
Business Acquisition [Line Items]
Goodwill, Period Increase (Decrease)								100
Mobile Products
Business Acquisition [Line Items]
Goodwill, Period Increase (Decrease)								(951)
Goodwill						2,031,609		2,031,609		$ 2,005,432
Mobile Products | Cavendish [Member]
Business Acquisition [Line Items]
Goodwill, Period Increase (Decrease)								1,600
Mobile Products | Decawave [Member]
Business Acquisition [Line Items]
Goodwill, Period Increase (Decrease)								(2,600)
Cavendish [Member]
Business Acquisition [Line Items]
Equity Method Investments							$ 59,400		$ 59,400
Maximum [Member] | Custom MMIC [Member]
Business Acquisition [Line Items]
Business Combination, Contingent Consideration, Liability, Current						$ 10,000		$ 10,000

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets (Details) - USD ($) $ in Thousands	Oct. 03, 2020	Oct. 01, 2020	Mar. 28, 2020	Oct. 03, 2020	Sep. 28, 2019	Oct. 03, 2020	Sep. 28, 2019
Goodwill and Intangible Assets [Line Items]
Document Period End Date						Oct. 3, 2020
Intangible assets amortization				$ 72,400	$ 56,400	$ 144,470	$ 114,837
Goodwill	$ 2,639,943		$ 2,614,274	2,639,943		2,639,943
Goodwill, Period Increase (Decrease)						(1,459)
Goodwill, Accumulated impairment losses and write-offs	621,600			621,600		621,600
Accumulated Amortization	1,049,630		1,002,087	1,049,630		1,049,630
Finite-Lived and Indefinite-Lived Intangible Assets, Foreign Currency Translation Gain (Loss)	21,802		6,064
Finite-Lived and Indefinite-Lived Intangible Assets, Foreign Currency Translation Gain (Loss) Amortization	961		11
Goodwill, Foreign Currency Translation Gain (Loss)						8,601
Gross Carrying Amount	1,764,195		1,810,979	1,764,195		1,764,195
Technology licenses
Goodwill and Intangible Assets [Line Items]
Gross Carrying Amount	2,271		3,271	2,271		2,271
Accumulated Amortization	1,706		2,327	1,706		1,706
Order or Production Backlog [Member]
Goodwill and Intangible Assets [Line Items]
Gross Carrying Amount	1,600		1,600	1,600		1,600
Accumulated Amortization	1,067		267	1,067		1,067
Trade Names
Goodwill and Intangible Assets [Line Items]
Gross Carrying Amount	1,000		1,200	1,000		1,000
Accumulated Amortization	333		283	333		333
Developed Technology
Goodwill and Intangible Assets [Line Items]
Gross Carrying Amount	1,269,772		1,325,472	1,269,772		1,269,772
Accumulated Amortization	665,442		652,400	665,442		665,442
Customer Relationships
Goodwill and Intangible Assets [Line Items]
Gross Carrying Amount	458,150		463,772	458,150		458,150
Accumulated Amortization	380,121		346,799	380,121		380,121
In-process research and development
Goodwill and Intangible Assets [Line Items]
IPRD	9,600		9,600	9,600		9,600
Mobile Products
Goodwill and Intangible Assets [Line Items]
Goodwill	2,031,609		2,005,432	2,031,609		2,031,609
Goodwill, Period Increase (Decrease)						(951)
Goodwill, Foreign Currency Translation Gain (Loss)						8,601
Infrastructure and Defense Products
Goodwill and Intangible Assets [Line Items]
Goodwill	$ 608,334		$ 608,842	$ 608,334		608,334
Goodwill, Period Increase (Decrease)						(508)
Goodwill, Foreign Currency Translation Gain (Loss)						$ 0
7Hugs [Member]
Goodwill and Intangible Assets [Line Items]
Goodwill		$ 18,500
Goodwill, Acquired During Period		18,527
7Hugs [Member] | Mobile Products
Goodwill and Intangible Assets [Line Items]
Goodwill, Acquired During Period		$ 18,527

Investments and Fair Value Me_3

Investments and Fair Value Measurements (Details) - USD ($) $ in Thousands		3 Months Ended				6 Months Ended
		Oct. 03, 2020	Jun. 27, 2020	Mar. 28, 2020		Oct. 03, 2020	Feb. 06, 2020
Investments and Fair Value of Financial Instruments
Document Period End Date						Oct. 3, 2020
Payment for Contingent Consideration Liability, Investing Activities						$ 0
Equity Method Investments		$ 29,800		$ 14,200		29,800
Equity Securities, FV-NI, Unrealized Gain (Loss)		(100)				15,600
Cost-method Investments, Other than Temporary Impairment			$ 2,800	18,300
Fair Value, Recurring [Member]
Investments and Fair Value of Financial Instruments
Business Combination, Contingent Consideration, Liability, Noncurrent				5,700
Business Combination, Contingent Consideration, Liability, Current		10,000				10,000
Deferred Compensation Plan Assets		26,316		19,398	[1]	26,316
Assets, Fair Value Disclosure		26,598		19,857		26,598
Deferred Compensation Liability, Current and Noncurrent	[1]	26,316		19,398		26,316
Financial and Nonfinancial Liabilities, Fair Value Disclosure		36,316		25,098		36,316
Fair Value, Recurring [Member] | Equity Securities
Investments and Fair Value of Financial Instruments
Marketable Securities		282		459		282
Quoted Prices In Active Markets For Identical Assets (Level 1) | Fair Value, Recurring [Member]
Investments and Fair Value of Financial Instruments
Business Combination, Contingent Consideration, Liability, Noncurrent				0
Business Combination, Contingent Consideration, Liability, Current		0				0
Deferred Compensation Plan Assets		26,316		19,398	[1]	26,316
Assets, Fair Value Disclosure		26,598		19,857		26,598
Deferred Compensation Liability, Current and Noncurrent	[1]	26,316		19,398		26,316
Financial and Nonfinancial Liabilities, Fair Value Disclosure		26,316		19,398		26,316
Quoted Prices In Active Markets For Identical Assets (Level 1) | Fair Value, Recurring [Member] | Equity Securities
Investments and Fair Value of Financial Instruments
Marketable Securities		282		459		282
Significant Other Observable Inputs (Level 2) | Fair Value, Recurring [Member]
Investments and Fair Value of Financial Instruments
Business Combination, Contingent Consideration, Liability, Noncurrent				0
Business Combination, Contingent Consideration, Liability, Current		0				0
Deferred Compensation Plan Assets		0		0	[1]	0
Assets, Fair Value Disclosure		0		0		0
Deferred Compensation Liability, Current and Noncurrent		0		0		0
Financial and Nonfinancial Liabilities, Fair Value Disclosure		0		0		0
Significant Other Observable Inputs (Level 2) | Fair Value, Recurring [Member] | Equity Securities
Investments and Fair Value of Financial Instruments
Marketable Securities		0		0		0
Fair Value, Inputs, Level 3 [Member] | Fair Value, Recurring [Member]
Investments and Fair Value of Financial Instruments
Business Combination, Contingent Consideration, Liability, Noncurrent				5,700
Business Combination, Contingent Consideration, Liability, Current		10,000				10,000
Deferred Compensation Plan Assets		0		0		0
Assets, Fair Value Disclosure		0		0		0
Deferred Compensation Liability, Current and Noncurrent		0		0		0
Financial and Nonfinancial Liabilities, Fair Value Disclosure		10,000		5,700		10,000
Fair Value, Inputs, Level 3 [Member] | Fair Value, Recurring [Member] | Equity Securities
Investments and Fair Value of Financial Instruments
Marketable Securities		0		$ 0		0
Custom MMIC [Member]
Investments and Fair Value of Financial Instruments
Business Combination, Contingent Consideration, Liability, Noncurrent							$ 5,700
Business Combination, Contingent Consideration, Liability, Current		$ 10,000				$ 10,000
[1]	The Company's 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 assets deferred by the participants in the “Other current assets” and “Other non-current assets” line items of its Condensed 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 Condensed Consolidated Balance Sheets.

Debt (Details)

Debt (Details) - USD ($)	Sep. 29, 2020	Oct. 03, 2020	Sep. 28, 2019	Oct. 03, 2020	Sep. 28, 2019	Mar. 30, 2019	Jun. 11, 2020	Mar. 28, 2020	Dec. 20, 2019	Sep. 30, 2019	Mar. 05, 2019	Aug. 28, 2018	Jul. 16, 2018	Nov. 19, 2015
Debt Instrument [Line Items]
Long-term debt		$ 1,764,396,000		$ 1,764,396,000				$ 1,567,231,000
Unamortized premium and issuance costs, net		(5,528,000)		(5,528,000)				(1,532,000)
Line of Credit Facility, Remaining Borrowing Capacity	$ 500,000,000
Interest Expense, Borrowings		24,600,000	$ 14,000,000	44,600,000	$ 27,600,000
Proceeds from borrowings and debt issuances				1,206,750,000	100,000,000
Current portion of long-term debt		905,086,000		905,086,000				6,893,000
Interest expense		23,486,000	12,693,000	42,335,000	24,557,000
Term Loan [Member]
Debt Instrument [Line Items]
Long-term debt		200,000,000		200,000,000				100,000,000
Proceeds from borrowings and debt issuances	$ 200,000,000
7.00% senior notes due 2025
Debt Instrument [Line Items]
Long-term debt		23,404,000		23,404,000				23,404,000
Debt Instrument, Face Amount														$ 550,000,000
Stated Interest Rate														7.00%
Repayments of Senior Debt						$ 526,600,000
Interest Paid, Including Capitalized Interest, Operating and Investing Activities			0		800,000
Long-term Debt, Fair Value		23,700,000		23,700,000				23,900,000
6.75% Senior Notes due 2023 and 7.00% Senior Notes due 2025 [Member]
Debt Instrument [Line Items]
Interest Paid, Including Capitalized Interest, Operating and Investing Activities				800,000
5.50% senior notes due 2026
Debt Instrument [Line Items]
Long-term debt		900,000,000		900,000,000				900,000,000
Debt Instrument, Face Amount											$ 270,000,000	$ 130,000,000	$ 500,000,000
Stated Interest Rate	3.375%												5.50%
Interest Paid, Including Capitalized Interest, Operating and Investing Activities		24,800,000	24,800	24,800	24,800
Long-term Debt, Fair Value		956,100,000		956,100,000				962,800,000
4.375% senior notes due 2029
Debt Instrument [Line Items]
Long-term debt		850,000,000		850,000,000				550,000,000
Debt Instrument, Face Amount							$ 300,000,000		$ 200,000,000	$ 350,000,000
Stated Interest Rate										4.375%
Interest Paid, Including Capitalized Interest, Operating and Investing Activities		13,000,000
Long-term Debt, Fair Value		906,300,000		906,300,000				489,500,000
3.375% Senior Notes due 2031 [Member]
Debt Instrument [Line Items]
Long-term debt		700,000,000		700,000,000				0
Debt Instrument, Face Amount	$ 700,000,000
Long-term Debt, Fair Value		713,100,000		713,100,000
Finance leases [Member]
Debt Instrument [Line Items]
Long-term debt		1,606,000		1,606,000				$ 2,252,000
Senior Notes [Member]
Debt Instrument [Line Items]
Interest Costs Capitalized		1,100,000	$ 1,300,000	2,300,000	$ 3,000,000
Senior Delayed Draw Term Loan [Member]
Debt Instrument [Line Items]
Repayments of Debt	97,500,000
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	300,000,000
Proceeds from Lines of Credit				0
Standby Letters of Credit [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	25,000,000
Bridge Loan [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	10,000,000
Term Loan [Member]
Debt Instrument [Line Items]
Interest Paid, Including Capitalized Interest, Operating and Investing Activities		$ 400,000		$ 800,000
Line of Credit Facility, Maximum Borrowing Capacity	$ 200,000,000
Base Rate [Member] | Credit Agreement [Member]
Debt Instrument [Line Items]
Stated Interest Rate	0.125%
Eurodollar [Member] | Credit Agreement [Member]
Debt Instrument [Line Items]
Stated Interest Rate	1.125%
Debt Instrument, Basis Spread on Variable Rate	1.00%
Federal Funds Rate [Member] | Credit Agreement [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	0.50%
Minimum [Member] | Base Rate [Member] | Credit Agreement [Member]
Debt Instrument [Line Items]
Stated Interest Rate	0.00%
Minimum [Member] | Eurodollar [Member] | Credit Agreement [Member]
Debt Instrument [Line Items]
Stated Interest Rate	1.00%
Minimum [Member] | Loan Lending Commitment Arrangement Fees [Member] | Credit Agreement [Member]
Debt Instrument [Line Items]
Stated Interest Rate	0.15%
Maximum [Member] | Base Rate [Member] | Credit Agreement [Member]
Debt Instrument [Line Items]
Stated Interest Rate	0.25%
Maximum [Member] | Eurodollar [Member] | Credit Agreement [Member]
Debt Instrument [Line Items]
Stated Interest Rate	1.25%
Maximum [Member] | Loan Lending Commitment Arrangement Fees [Member] | Credit Agreement [Member]
Debt Instrument [Line Items]
Stated Interest Rate	0.20%

Stock Repurchases (Details)

Stock Repurchases (Details) - USD ($) $ in Thousands, shares in Millions	3 Months Ended		6 Months Ended
	Oct. 03, 2020	Sep. 28, 2019	Oct. 03, 2020	Sep. 28, 2019	Oct. 31, 2019
Class of Stock [Line Items]
Stock Repurchased During Period, Shares	0.8	2.3	1.6	3.8
Stock Repurchased During Period, Value	$ 105,009	$ 165,032	$ 180,048	$ 265,105
Stock Repurchase Program, Remaining Authorized Repurchase Amount	$ 585,900		$ 585,900
Document Period End Date			Oct. 3, 2020
May 2018 Program
Class of Stock [Line Items]
Stock Repurchase Program, Remaining Authorized Repurchase Amount					$ 117,000
October 2019 Program [Member]
Class of Stock [Line Items]
Stock Repurchase Program, Authorized Amount					$ 1,000,000

Revenue (Details)

Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Oct. 03, 2020	Sep. 28, 2019	Oct. 03, 2020	Sep. 28, 2019
Disaggregation of Revenue
Revenue	$ 1,060,292	$ 806,698	$ 1,847,743	$ 1,582,296
China
Disaggregation of Revenue
Revenue	391,011	199,945	778,233	561,088
Taiwan
Disaggregation of Revenue
Revenue	53,350	38,044	106,679	79,033
United States
Disaggregation of Revenue
Revenue	459,416	452,926	707,661	720,422
Europe
Disaggregation of Revenue
Revenue	53,967	37,177	94,525	73,138
Other Asia
Disaggregation of Revenue
Revenue	$ 102,548	$ 78,606	$ 160,645	$ 148,615

Restructuring Activity (Details

Restructuring Activity (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Oct. 03, 2020	Sep. 28, 2019	Oct. 03, 2020	Sep. 28, 2019
Restructuring
Document Fiscal Year Focus			2021
Restructuring Charges			$ 1,547
Accrued restructuring balance as of March 28, 2020			1,998
Payments for Restructuring			(2,038)
Accrued restructuring balance as of October 3, 2020	$ 1,394		1,394
Restructuring Reserve, Non-Cash Activity			$ 113
Document Period End Date			Oct. 3, 2020
One-time Employee Termination Benefits
Restructuring
Restructuring Charges			$ 539
Accrued restructuring balance as of March 28, 2020			1,728
Payments for Restructuring			(1,089)
Accrued restructuring balance as of October 3, 2020	1,178		1,178
Restructuring Reserve, Non-Cash Activity			0
Lease and other contract terminations
Restructuring
Restructuring Charges			1,008
Accrued restructuring balance as of March 28, 2020			270
Payments for Restructuring			(949)
Accrued restructuring balance as of October 3, 2020	216		216
Restructuring Reserve, Non-Cash Activity			113
Fiscal Year 2019 [Member]
Restructuring
Restructuring and Related Cost, Cost Incurred to Date	92,800		92,800
Restructuring Charges	(56)	$ 9,190	815	$ 32,982
Restructuring and Related Cost, Expected Cost Remaining	400		400
Fiscal Year 2019 [Member] | Cost of goods sold
Restructuring
Restructuring Charges	0	6,612	0	24,386
Fiscal Year 2019 [Member] | Other operating expense
Restructuring
Restructuring Charges	(56)	2,578	815	8,596
Fiscal Year 2019 [Member] | One-time Employee Termination Benefits
Restructuring
Restructuring and Related Cost, Cost Incurred to Date	13,600		13,600
Restructuring Charges	(289)	1,364	(43)	4,614
Fiscal Year 2019 [Member] | One-time Employee Termination Benefits | Cost of goods sold
Restructuring
Restructuring Charges	0	0	0	0
Fiscal Year 2019 [Member] | One-time Employee Termination Benefits | Other operating expense
Restructuring
Restructuring Charges	(289)	1,364	(43)	4,614
Fiscal Year 2019 [Member] | Accelerated Depreciation
Restructuring
Restructuring and Related Cost, Cost Incurred to Date	47,400		47,400
Restructuring Charges	0	5,578	0	21,516
Fiscal Year 2019 [Member] | Accelerated Depreciation | Cost of goods sold
Restructuring
Restructuring Charges	0	5,578	0	21,516
Fiscal Year 2019 [Member] | Accelerated Depreciation | Other operating expense
Restructuring
Restructuring Charges	0	0	0	0
Fiscal Year 2019 [Member] | Impairment charges
Restructuring
Restructuring and Related Cost, Cost Incurred to Date	15,900		15,900
Fiscal Year 2019 [Member] | Lease and other contract terminations
Restructuring
Restructuring Charges	233	2,248	858	6,852
Fiscal Year 2019 [Member] | Lease and other contract terminations | Cost of goods sold
Restructuring
Restructuring Charges	0	1,034	0	2,870
Fiscal Year 2019 [Member] | Lease and other contract terminations | Other operating expense
Restructuring
Restructuring Charges	233	1,214	858	3,982
Fiscal Year 2019 [Member] | Other Restructuring [Member]
Restructuring
Restructuring and Related Cost, Cost Incurred to Date	15,900		15,900
Other Restructuring [Member]
Restructuring
Restructuring Charges	$ 700	$ 300	700	$ 400
6.75% Senior Notes due 2023 and 7.00% Senior Notes due 2025 [Member]
Restructuring
Interest Paid, Including Capitalized Interest, Operating and Investing Activities			$ 800

Operating Segment Information_2

Operating Segment Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Oct. 03, 2020	Sep. 28, 2019	Oct. 03, 2020	Sep. 28, 2019
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Document Period End Date			Oct. 3, 2020
Revenue:
Revenues	$ 1,060,292	$ 806,698	$ 1,847,743	$ 1,582,296
Income from operations:
Operating income	221,644	112,767	314,356	167,993
Interest expense	23,486	12,693	42,335	24,557
Interest income	1,272	2,292	2,462	5,238
Other income (expense), net	648	(300)	22,595	(1,411)
Income before income taxes	200,078	102,066	297,078	147,263
Stock-based compensation expense			(51,907)	(45,829)
Amortization of intangible assets	(72,400)	(56,400)	(144,470)	(114,837)
Operating Segments | Mobile Products
Revenue:
Revenues	754,294	623,106	1,222,698	1,179,359
Income from operations:
Operating income	262,858	193,431	372,841	333,366
Operating Segments | Infrastructure and Defense Products
Revenue:
Revenues	305,998	183,592	625,045	402,937
Income from operations:
Operating income	66,495	14,969	160,250	65,093
All other
Income from operations:
Operating income	(107,709)	(95,633)	(218,735)	(230,466)
Stock-based compensation expense	(30,048)	(20,876)	(51,907)	(45,829)
Amortization of intangible assets	(72,147)	(56,288)	(144,091)	(114,470)
Acquisition and integration related costs	(7,259)	(7,549)	(19,922)	(30,679)
Restructuring costs	(609)	(3,863)	(1,547)	(11,894)
Accelerated depreciation	0	(6,635)	0	(22,573)
Other (including (loss) gain on assets and other miscellaneous corporate overhead)	$ 2,354	$ (422)	$ (1,268)	$ (5,021)

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Oct. 03, 2020	Sep. 28, 2019	Oct. 03, 2020	Sep. 28, 2019
Income Tax Disclosure [Abstract]
Income Tax Expense (Benefit)	$ (63,161)	$ (19,028)	$ (63,239)	$ (24,684)
Effective tax rate	31.60%	18.60%	21.30%	16.80%
Discrete tax expense (benefit)	$ 45,200		$ 35,200

Net Income Per Share (Details)

Net Income Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Oct. 03, 2020	Sep. 28, 2019	Oct. 03, 2020	Sep. 28, 2019
Earnings Per Share [Abstract]
Document Period End Date			Oct. 3, 2020
Numerator:
Numerator for basic and diluted net income (loss) per share — net income (loss) available to common stockholders	$ 136,917	$ 83,038	$ 233,839	$ 122,579
EPS Line Items
Denominator for basic net income (loss) per share — weighted average shares	114,328	117,294	114,388	117,945
Stock-based awards	1,849	2,135	2,007	2,251
Denominator for diluted net income (loss) per share — adjusted weighted average shares and assumed conversions	116,177	119,429	116,395	120,196
Basic net income (loss) per share (in dollars per share)	$ 1.20	$ 0.71	$ 2.04	$ 1.04
Diluted net income (loss) per share (in dollars per share)	$ 1.18	$ 0.70	$ 2.01	$ 1.02
Antidilutive shares excluded from the computation of diluted shares outstanding	300	400	100	200

Subsequent Event (Details)

Subsequent Event (Details) - USD ($) $ in Thousands	Oct. 16, 2020	Oct. 03, 2020	Mar. 28, 2020
Subsequent Event [Line Items]
Long-term Debt		$ 1,764,396	$ 1,567,231
5.50% Senior Notes due 2026 [Member]
Subsequent Event [Line Items]
Long-term Debt		$ 900,000	$ 900,000
5.50% Senior Notes due 2026 [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Debt Instrument, Redemption Price, Percentage	106.363%
Repayments of Debt	$ 969,800