Derivative Financial Instruments (Tables)

6 Months Ended

Sep. 26, 2015

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Fair Value of Derivative Contracts Recorded on Gross Basis in Consolidated Balance Sheets

The following table details the fair value of the Company’s derivative contracts, which are recorded on a gross basis in the consolidated balance sheets as of September 26, 2015 and March 28, 2015 (in thousands):

					Fair Values
	Notional Amounts				Current Assets (1)				Current Liabilities (2)
	September 26, 2015		March 28, 2015		September 26, 2015		March 28, 2015		September 26, 2015		March 28, 2015
Designated forward currency exchange contracts	$	221,061	$	226,090	$	2,279	$	23,590	$	1,529	$	522
Undesignated forward currency exchange contracts	420		25,788		5		1,414		—		78
Total	$	221,481	$	251,878	$	2,284	$	25,004	$	1,529	$	600

⁽¹⁾  Recorded within prepaid expenses and other current assets in the Company’s consolidated balance sheets.

⁽²⁾  Recorded within accrued expenses and other current liabilities in the Company’s consolidated balance sheets.

Summary of Impact of Effective Portion of Gains and Losses of Forward Contracts Designated as Hedges

The following tables summarize the impact of the effective portion of gains and losses of the forward contracts designated as hedges for the three-month and six-month periods ended September 26, 2015 and September 27, 2014 (in thousands):

	Three Months Ended
	September 26, 2015					September 27, 2014
	Pre-Tax Loss Recognized in OCI (Effective Portion)			Pre-Tax Gain Reclassified from Accumulated OCI into Earnings (Effective Portion)		Pre-Tax Gain Recognized in OCI (Effective Portion)		Pre-Tax Loss Reclassified from Accumulated OCI into Earnings (Effective Portion)
Forward currency exchange contracts	$	(6,606	)	$	2,430	$	9,973	$	(249	)

	Six Months Ended
	September 26, 2015					September 27, 2014
	Pre-Tax Loss Recognized in OCI (Effective Portion)			Pre-Tax Gain Reclassified from Accumulated OCI into Earnings (Effective Portion)		Pre-Tax Gain Recognized in OCI (Effective Portion)		Pre-Tax Loss Reclassified from Accumulated OCI into Earnings (Effective Portion)
Forward currency exchange contracts	$	(18,312	)	$	2,382	$	10,512	$	(1,383	)