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EARNINGS PER SHARE ("EPS")
 9 Months Ended
Dec. 30, 2017
Earnings Per Share [Abstract]  
EARNINGS PER SHARE (EPS)
EARNINGS PER SHARE (“EPS”)

The following table provides a reconciliation of the numerators and denominators of the basic and diluted earnings per share computations.
 
Three Months Ended
 
Nine Months Ended
 (In thousands, except per share amounts)
December 30,
2017
 
December 31,
2016
 
December 30,
2017
 
December 31,
2016
Basic EPS
 
 
 
 
 
 
 
Net (loss) income
$
(6,547
)
 
$
15,393

 
$
33,692

 
$
24,872

Weighted average shares
53,090

 
51,708

 
52,717

 
51,369

Basic (loss) income per share
$
(0.12
)
 
$
0.30

 
$
0.64

 
$
0.48

Diluted EPS
 
 
 
 
 
 
 
Net (loss) income
$
(6,547
)
 
$
15,393

 
$
33,692

 
$
24,872

Basic weighted average shares
53,090

 
51,708

 
52,717

 
51,369

Net effect of common stock equivalents
—

 
395

 
568

 
302

Diluted weighted average shares
53,090

 
52,103

 
53,285

 
51,671

Diluted (loss) income per share
$
(0.12
)
 
$
0.30

 
$
0.63

 
$
0.48



Basic earnings per share is calculated using our weighted-average outstanding common stock. Diluted earnings per share is calculated using our weighted-average outstanding common stock including the dilutive effect of stock awards as determined under the treasury stock method. For the three months ended December 30, 2017, we recognized a net loss; therefore we excluded the impact of outstanding stock awards from the diluted loss per share calculation as their inclusion would have an anti-dilutive effect. For the nine months ended December 30, 2017, weighted average shares outstanding, assuming dilution, excludes the impact of 0.5 million anti-dilutive shares. For the three and nine months ended December 31, 2016, weighted average shares outstanding, assuming dilution, excludes the impact of 1.1 million and 1.7 million anti-dilutive shares, respectively.