XML 35 R24.htm IDEA: XBRL DOCUMENT v3.10.0.1
(Loss) Earnings Per Share
9 Months Ended
Dec. 29, 2018
Earnings Per Share [Abstract]  
(Loss) Earnings Per Share
18. Earnings Per Share
The following is a reconciliation of weighted average shares outstanding used in the calculation of basic and diluted earnings per share:
 
Fiscal quarter ended
 
Three fiscal quarters ended
(In thousands, except per share data)
Dec 29, 2018
 
Dec 30, 2017
 
Dec 29, 2018
 
Dec 30, 2017
Net income
$
6,340

 
$
33,973

 
$
54,319

 
$
41,135

Weighted average shares used for basic earnings per share
34,769

 
34,224

 
34,623

 
33,839

Incremental diluted shares
1,206

 
1,786

 
1,504

 
1,723

Weighted average shares used for diluted earnings per share
35,975

 
36,010

 
36,127

 
35,562

Net income per share:
 
 
 
 
 
 
 
Basic
$
0.18

 
$
0.99

 
$
1.57

 
$
1.22

Diluted
$
0.18

 
$
0.94

 
$
1.50

 
$
1.16


RSUs and SARs representing an additional 0.1 million shares of stock for the third quarter of fiscal 2018 and 0.4 million shares of stock for the first three quarters of fiscal 2018 were not included in the calculation of diluted net earnings per share because their effect would have been antidilutive. Antidilutive shares were immaterial for the third quarter of fiscal 2019 and the first three quarters of fiscal 2019.