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SUMMARY OF QUARTERLY DATA (UNAUDITED)
 12 Months Ended
Apr. 02, 2016
Quarterly Financial Data [Abstract]  
SUMMARY OF QUARTERLY DATA (UNAUDITED)
SUMMARY OF QUARTERLY DATA (UNAUDITED)
(In thousands)
 
Three months ended
Fiscal 2016
 
June 27,
2015
 
September 26,
2015
 
December 26,
2015
 
April 2,
2016
Net revenues
 
$
213,413

 
$
219,693

 
$
233,384

 
$
242,342

Gross profit
 
$
102,539

 
$
105,297

 
$
108,855

 
$
89,223

Operating income (loss)
 
$
3,606

 
$
19,179

 
$
(61,177
)
 
$
(5,550
)
Net (loss) income
 
$
(267
)
 
$
12,863

 
$
(59,440
)
 
$
(8,735
)
Per share data:
 
 

 
 

 
 

 
 

Net (loss) income:
 
 

 
 

 
 

 
 

Basic
 
$
(0.01
)
 
$
0.25

 
$
(1.17
)
 
$
(0.17
)
Diluted
 
$
(0.01
)
 
$
0.25

 
$
(1.17
)
 
$
(0.17
)
 
 
 
 
 
 
 
 
 
(In thousands)
 
Three months ended
Fiscal 2015
 
June 28,
2014
 
September 27,
2014
 
December 27,
2014
 
March 28,
2015
Net revenues
 
$
224,488

 
$
227,580

 
$
231,827

 
$
226,478

Gross profit
 
$
106,278

 
$
108,114

 
$
111,661

 
$
108,365

Operating (loss) income
 
$
(1,666
)
 
$
12,407

 
$
18,260

 
$
11,539

Net (loss) income
 
$
(3,649
)
 
$
7,487

 
$
15,988

 
$
(2,929
)
Per share data:
 
 

 
 

 
 

 
 

Net (loss) income:
 
 

 
 

 
 

 
 

Basic
 
$
(0.07
)
 
$
0.15

 
$
0.31

 
$
(0.06
)
Diluted
 
$
(0.07
)
 
$
0.14

 
$
0.31

 
$
(0.06
)


The operating results for the first quarter of fiscal 2016 include the correction of an understatement of the provision for income taxes in fiscal 2015 as well as other certain out of period items, which were determined to be immaterial to all periods presented. Absent this correction, our operating income and net income for the three months ended June 27, 2015 would have been $0.8 million lower and $0.2 million higher, respectively, than the amount included above.

The operating results for the third quarter of fiscal 2016 include the correction of an overstated liability in fiscal 2014 and certain other out of period items, which were determined to be immaterial to all periods presented. Absent these corrections, our operating loss and net loss for the three months ended December 26, 2015 would have been $4.1 million higher and $4.0 million higher, respectively, than the amount included above.

The operating results for the fourth quarter of fiscal 2016 include corrections of certain out of period items, the impact of which were determined to be immaterial to all periods presented. Absent these corrections, our operating loss and net loss for the three months ended April 2, 2016 would have been $2.9 million lower and $1.8 million lower, respectively, than the amount included above.