Stockholders' Equity

6 Months Ended

Oct. 02, 2016

Equity [Abstract]

Stockholders' Equity

Stockholders' Equity

Stock Repurchase Program. In April 2015, the Company's Board of Directors approved a new share repurchase program authorization for $300 million. In October 2015, the Company's Board of Directors approved an increase in the share repurchase authorization by another $300 million. In the three and six months ended October 2, 2016, the Company repurchased 1.2 million shares for $23.8 million and 2.7 million shares for $54.4 million, respectively. As of October 2, 2016, approximately $131.3 million was available for future purchase under the new share repurchase program. Shares repurchased were recorded as treasury stock and resulted in a reduction of stockholder's equity.