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EARNINGS PER SHARE ("EPS") (Tables)
9 Months Ended
Dec. 29, 2012
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share Reconciliation
The following table provides a reconciliation of the numerators and denominators of the basic and diluted earnings per share computations. Basic EPS is computed by dividing net income by weighted average shares outstanding. Diluted EPS includes the effect of potentially dilutive common shares. The common stock weighted average number of shares has been retroactively adjusted for the stock split.
 
Three Months Ended
 
December 29,
2012
 
December 31,
2011
 
(in thousands, except per share amounts)
Basic EPS
 
 
 
Net income
$
9,904

 
$
18,252

Weighted average shares
51,707

 
50,154

Basic income per share
$
0.19

 
$
0.36

Diluted EPS
 
 
 
Net income
$
9,904

 
$
18,252

Basic weighted average shares
51,707

 
50,154

Net effect of common stock equivalents
899

 
722

Diluted weighted average shares
52,606

 
50,876

Diluted income per share
$
0.19

 
$
0.36


 
Nine Months Ended
 
December 29,
2012
 
December 31,
2011
 
(in thousands, except per share amounts)
Basic EPS
 
 
 
Net income
$
26,239

 
$
49,080

Weighted average shares
51,364

 
50,818

Basic income per share
$
0.51

 
$
0.97

Diluted EPS
 
 
 
Net income
$
26,239

 
$
49,080

Basic weighted average shares
51,364

 
50,818

Net effect of common stock equivalents
900

 
848

Diluted weighted average shares
52,264

 
51,666

Diluted income per share
$
0.50

 
$
0.95