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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Mar. 28, 2015
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 28, 2015, March 29, 2014, and March 30, 2013 (in thousands):

 

     Balance
Beginning
of Year
     Amounts
Charged to
Revenue
     Write-offs
Against
Reserves
     Balance
at
Year End
 

Retail

           

Return Reserves:

           

Fiscal year ended March 28, 2015

   $ 2,320       $ 57,031       $ (56,873    $ 2,478   

Fiscal year ended March 29, 2014

     3,146         45,632         (46,458      2,320   

Fiscal year ended March 30, 2013

     1,659         35,448         (33,961      3,146   
     Balance
Beginning
of Year
     Amounts
Charged to
Revenue
     Write-offs
Against
Reserves
     Balance
at
Year End
 

Wholesale

           

Total Sales Reserves:

           

Fiscal year ended March 28, 2015

   $ 65,921       $ 281,032       $ (259,408    $ 87,545   

Fiscal year ended March 29, 2014

     43,009         203,465         (180,553      65,921   

Fiscal year ended March 30, 2013

     30,381         135,450         (122,822      43,009   
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 28,
2015
     March 29,
2014
     March 30,
2013
 

Numerator:

        

Net income

   $ 881,023       $ 661,485       $ 397,602   

Denominator:

        

Basic weighted average shares

     202,680,572        202,582,945        196,615,054  

Weighted average dilutive share equivalents:

        

Share options and restricted shares/units

     3,185,197        3,055,162        4,925,090  
  

 

 

    

 

 

    

 

 

 

Diluted weighted average shares

  205,865,769     205,638,107     201,540,144  

Basic net income per share

$ 4.35    $ 3.27    $ 2.02   
  

 

 

    

 

 

    

 

 

 

Diluted net income per share

$ 4.28    $ 3.22    $ 1.97