DERIVATIVES AND FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Mar. 28, 2020

Derivative Instruments and Hedging Activities Disclosure [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 the Company's derivative instruments designated as cash flow hedges and those not designated as hedging instruments under ASC 815 in its consolidated statements of income and comprehensive income for the fiscal year ended March 28, 2020.

Derivative Instruments	Amount of Gain (Loss) Recognized in Accumulated Other Comprehensive Loss			Amount of Gain Reclassified from Accumulated Other Comprehensive Loss into Earnings			Location in Consolidated Statements of Income and Comprehensive Income	Amount of Gain Excluded from Effectiveness Testing		Location in Consolidated Statements of Income and Comprehensive Income
(In thousands)
Designated foreign currency hedge contracts, net of tax	$	90		$	700		Net revenues, COGS and SG&A	$	545	Interest and other expense, net
Non-designated foreign currency hedge contracts	—			—				$	3,306	Interest and other expense, net
Designated interest rate swaps, net of tax	$	(10,201	)	$	(1,325	)	Interest and other expense, net

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

The following tables present the fair value of the Company's derivative instruments as they appear in its consolidated balance sheets as of March 28, 2020 and March 30, 2019:

(In thousands)	Location in Balance Sheet	As of March 28, 2020		As of March 30, 2019
Derivative Assets:
Designated foreign currency hedge contracts	Other current assets	$	839	$	1,208
Non-designated foreign currency hedge contracts	Other current assets	377		69
		$	1,216	$	1,277
Derivative Liabilities:
Designated foreign currency hedge contracts	Other current liabilities	$	1,854	$	145
Non-designated foreign currency hedge contracts	Other current liabilities	1,435		—
Designated interest rate swaps	Other current liabilities	5,581		5,203
Designated interest rate swaps	Other long-term liabilities	9,475		—
		$	18,345	$	5,348

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 28, 2020 and March 30, 2019.

	As of March 28, 2020
(In thousands)	Level 1		Level 2		Total
Assets
Money market funds	$	44,564	$	—	$	44,564
Designated foreign currency hedge contracts	—		839		$	839
Non-designated foreign currency hedge contracts	—		377		$	377
	$	44,564	$	1,216	$	45,780
Liabilities
Designated foreign currency hedge contracts	$	—	$	1,854	$	1,854
Non-designated foreign currency hedge contracts	—		1,435		$	1,435
Designated interest rate swaps	—		15,056		$	15,056
	$	—	$	18,345	$	18,345
	As of March 30, 2019
	Level 1		Level 2		Total
Assets
Money market funds	$	36,980	$	—	$	36,980
Designated foreign currency hedge contracts	—		1,208		$	1,208
Non-designated foreign currency hedge contracts	—		69		$	69
	$	36,980	$	1,277	$	38,257
Liabilities
Designated foreign currency hedge contracts	$	—	$	145	$	145
Non-designated foreign currency hedge contracts	$	—	$	5,203	$	5,203
	$	—	$	5,348	$	5,348