CORRECTION OF AN ERROR (Tables)

9 Months Ended

Dec. 28, 2018

Accounting Changes and Error Corrections [Abstract]

Schedule of Effect From Correction of Error

The following table shows the effect of this correction:

	Capital in
	Excess of		Retained
	Par value		earnings
Balances at March 25, 2016	$	2,744,573	$	10,812,960
Correction of an error: recognition of stock option compensation expense		995,055		(995,055	)
Restated balances at March 26, 2016		3,739,628		9,817,905
Net income for the year ended March 31, 2017		—		1,473,976
Balances at March 31, 2017	$	3,739,628	$	11,291,881

	Capital in
	Excess of		Retained
	Par value		Earnings
Balances at March 31, 2017 (from page 16)	$	3,739,628	$	11,291,881
Stock compensation recognized for the year ended March 25, 2016		16,788		—
Dividend distribution paid on June 17, 2017		—		(575,867	)
Stock compensation recognized for the quarter ended June 30, 2017		2,798		—
Restated net income for the quarter ended June 30, 2017		—		305,622
Balances at June 30, 2017		3,759,214		11,021,636
Stock compensation recognized for the quarter ended September 29, 2017		2,798		—
Restated net income for the quarter ended September 29, 2017		—		564,660
Balances at September 29, 2017		3,762,012		11,586,296
Stock compensation recognized for the quarter ended December 29, 2017		2,798		—
Restated net income for the quarter ended December 29, 2017		—		474,908
Balances at December 29, 2017	$	3,764,810	$	12,061,204

Schedule of Financial Statements

The financial statements for the three and nine months periods ended December 29, 2017 have been restated to include the recognition of quarterly stock compensation as follows:

	Quarter ended		Nine months ended
	Dec 29, 2017		Dec 29, 2017
	(in thousands) (restated)		(in thousands) (restated)
IEH employees	$	—	$	—
Non-employee directors		3		25
Total stock compensation expense	$	3	$	25