Comprehensive Income

12 Months Ended

Apr. 02, 2011


13.	COMPREHENSIVE INCOME

Comprehensive income is the total of net income and all other non-owner changes in stockholders’ equity. Other non-owner changes are primarily foreign currency translation, the change in our net minimum pension liability, and the changes in fair value of the effective portion of our outstanding cash flow hedge contracts.

A summary of the components of other comprehensive income is as follows:


			Unrealized			Impact of
	Foreign		Gain/(Loss) on			Defined Benefit
	Currency		Derivatives,			Plans,
	Translation		Net of Tax			Net of Tax			Total
	(In thousands)

Balance as of March 28, 2009	$	2,672	$	1,122		$	(511	)	$	3,283

Changes during the year		2,599		332			(309	)		2,622

Balance as of April 3, 2010	$	5,271	$	1,454		$	(820	)	$	5,905

Changes during the year		6,380		(3,299	)		555			3,636

Balance as of April 2, 2011	$	11,651	$	(1,845	)	$	(265	)	$	9,541

- Definition

This label may include the following: 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. Components of comprehensive income include: (1) foreign currency translation adjustments; (2) gains and losses on foreign currency transactions that are designated as, and are effective as, economic hedges of a net investment in a foreign entity; (3) gains and losses on intercompany foreign currency transactions that are of a long-term-investment nature, when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting enterprise's financial statements; (4) change in the market value of a futures contract that qualifies as a hedge of an asset reported at fair value; (5) unrealized holding gains and losses on available-for-sale securities and that resulting from transfers of debt securities from the held-to-maturity category to the available-for-sale category; (6) a net loss recognized as an additional pension liability not yet recognized as net periodic pension cost; and (7) the net gain or loss and net prior service cost or credit for pension plans and other postretirement benefit plans.

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