Subsequent Events (Notes)

9 Months Ended

Dec. 30, 2017

Subsequent Events [Abstract]

Subsequent Events [Text Block]

Subsequent Events

On January 23, 2018, the Company’s Board of Directors declared a cash dividend of $0.35 per common share for the fourth quarter of fiscal year 2018. The dividend is payable on February 22, 2018 to stockholders of record on February 7, 2018.

As previously disclosed by the Company on a Form 8-K filed with the SEC on January 5, 2018, Victor Peng will succeed Moshe Gavrielov as the Company’s President and Chief Executive Officer effective January 29, 2018. In relation to the CEO transition, as well as other executive transitions in the fourth quarter of fiscal year 2018, the Company expects to record a one-time charge of approximately $30.0 million to operating expenses in the fourth quarter of fiscal year 2018.