Summary of Significant Accounting Policies (Tables)

12 Months Ended

Mar. 29, 2014

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 29, 2014, March 30, 2013, and March 31, 2012 (in thousands):

Retail	Balance   Beginning   of Year		Amounts   Charged to   Revenue		Write-offs   Against Reserves			Balance at   Year End
Return Reserves:
Year ended March 29, 2014	$	3,146	$	45,632	$	(46,458	)	$	2,320
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

Wholesale	Balance   Beginning   of Year		Amounts   Charged to   Revenue		Write-offs   Against Reserves			Balance at   Year End
Total Sales Reserves:
Year ended March 29, 2014	$	43,009	$	203,465	$	(180,553	)	$	65,921
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

Fair Values of Forward Foreign Currency Exchange Contracts

The following table details the fair value of these contracts as of March 29, 2014, and March 30, 2013 (in thousands):

	March 29, 2014			March 30, 2013
Prepaid expenses and other current assets	$	12		$	1,367
Accrued expenses and other current liabilities	$	(1,875	)	$	(71	)

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 29, 2014		March 30, 2013		March 31, 2012
Numerator:
Net Income	$	661,485	$	397,602	$	147,364
Net income applicable to preference shareholders		—		—		21,227
	$	661,485	$	397,602	$	126,137
Denominator:
Basic weighted average ordinary shares		202,582,945		196,615,054		158,258,126
Weighted average dilutive share equivalents:
Share options and restricted shares/units		3,055,162		4,925,090		2,628,650
Convertible preference shares		—		—		28,412,421
Diluted weighted average ordinary shares		205,638,107		201,540,144		189,299,197
Basic net income per ordinary share	$	3.27	$	2.02	$	0.80
Diluted net income per ordinary share	$	3.22	$	1.97	$	0.78