DERIVATIVES AND FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Mar. 30, 2013

Derivatives and Fair Value Measurements [Abstract]

Schedule of Effect of Derivative Instruments Designated as Cash Flow Hedges and Those Not Designated as Hedging Instruments

The following table presents the effect of our derivative instruments designated as cash flow hedges and those not designated as hedging instruments under ASC Topic 815 in our consolidated statements of income for the fiscal year ended March 30, 2013.

Derivative Instruments	Amount of Gain/(Loss) Recognized in OCI (Effective Portion)			Amount of Gain/(Loss) Reclassified from OCI into Earnings (Effective Portion)			Location in Statement of Operations	Amount of Gain/(Loss) Excluded from Effectiveness Testing (*)			Location in Statement of Operations
(In thousands)
Designated foreign currency hedge contracts, net of tax	$	5,104		$	2,746		Net revenues, COGS, and SG&A	$	(337	)	Other income (expense), net
Non-designated foreign currency hedge contracts	—			—				$	1,214		Other income (expense)
Designated interest rate swaps, net of tax	$	(779	)	$	(269	)	Interest income (expense), net	$	—

(*) We exclude the difference between the spot rate and hedge forward rate from our effectiveness testing.

Schedule of Fair Value of Derivative Instruments as They Appear in Consolidated Balance Sheets

The following tables present the fair value of our derivative instruments as they appear in our consolidated balance sheets as of March 30, 2013 and March 31, 2012 by type of contract and whether it is a qualifying hedge under ASC Topic 815.

(In thousands)	Location in Balance Sheet	Balance as of March 30, 2013		Balance as of March 31, 2012
Derivative Assets:
Designated foreign currency hedge contracts	Other current assets	$	7,030	$	6,186
		$	7,030	$	6,186
Derivative Liabilities:
Designated foreign currency hedge contracts	Other current liabilities	$	954	$	1,185
Designated interest rate swaps	Other current liabilities	671		—
		$	1,625	$	1,185

Schedule of Financial Assets and Financial Liabilities Measured at Fair Value on a Recurring Basis

Financial assets and financial liabilities measured at fair value on a recurring basis consist of the following as of March 30, 2013 and March 31, 2012:

As of March 30, 2013	Quoted Market Prices for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total
	(In thousands)		(In thousands)		(In thousands)		(In thousands)
Assets
Money market funds	$	141,120	$	—	$	—	$	141,120
Foreign currency hedge contracts	—		7,030		—		7,030
	$	141,120	$	7,030	$	—	$	148,150
Liabilities
Foreign currency hedge contracts	$	—	$	954	$	—	$	954
Interest rate swap	—		671		—		671
	$	—	$	1,625	$	—	$	1,625

As of March 31, 2012	Quoted Market Prices for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total
	(In thousands)		(In thousands)		(In thousands)		(In thousands)
Assets
Money market funds	$	194,574	$	—	$	—	$	194,574
Forward currency hedge contracts	—		6,186		—		6,186
	$	194,574	$	6,186	$	—	$	200,760
Liabilities
Forward currency hedge contracts	$	—	$	1,185	$	—	$	1,185
	$	—	$	1,185	$	—	$	1,185