Summary of Significant Accounting Policies (Tables)

12 Months Ended

Mar. 30, 2013

Activity and Balances of Sales Reserves

The following table details the activity and balances of the Company’s sales reserves for the fiscal years ended March 30, 2013, March 31, 2012, and April 2, 2011 (in thousands):

Retail	Balance Beginning of Year		Amounts Charged to Revenue		Write-offs Against Reserves			Balance at Year End
Return Reserves:
Year ended March 30, 2013	$	1,659	$	35,448	$	(33,961	)	$	3,146
Year ended March 31, 2012	$	2,313	$	23,580	$	(24,234	)	$	1,659
Year ended April 2, 2011	$	1,413	$	14,323	$	(13,423	)	$	2,313

Wholesale	Balance Beginning of Year		Amounts Charged to Revenue		Write-offs Against Reserves			Balance at Year End
Total Sales Reserves:
Year ended March 30, 2013	$	30,381	$	135,450	$	(122,822	)	$	43,009
Year ended March 31, 2012	$	25,180	$	114,577	$	(109,376	)	$	30,381
Year ended April 2, 2011	$	20,215	$	84,697	$	(79,732	)	$	25,180

Fair Values of Forward Foreign Currency Exchange Contracts

The following table details the fair value of these contracts as of March 30, 2013, and March 31, 2012 (in thousands):

	March 30, 2013			March 31, 2012
Prepaid expenses and other current assets	$	1,367		$	1,318
Accrued expenses and other current liabilities	$	(71	)	$	(276	)

Components of Calculation of Basic Net Income Per Ordinary Share and Diluted Net Income Per Ordinary Share

The components of the calculation of basic net income per ordinary share and diluted net income per ordinary share are as follows (in thousands except share and per share data):

	Fiscal Years Ended
	March 30, 2013		March 31, 2012		April 2, 2011
Numerator:
Net Income	$	397,602	$	147,364	$	72,506
Net income applicable to preference shareholders		—		21,227		15,629
Net income available for ordinary shareholders	$	397,602	$	126,137	$	56,877
Denominator:
Basic weighted average ordinary shares		196,615,054		158,258,126		140,554,377
Weighted average dilutive share equivalents:
Share options and restricted shares/units		4,925,090		2,628,650		—
Convertible preference shares		—		28,412,421		38,622,891
Diluted weighted average ordinary shares		201,540,144		189,299,197		179,177,268
Basic net income per ordinary share	$	2.02	$	0.80	$	0.40
Diluted net income per ordinary share	$	1.97	$	0.78	$	0.40