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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Mar. 27, 2021
Mar. 28, 2020
Mar. 30, 2019
Income Statement [Abstract]      
Net sales $ 1,369,230 $ 1,281,124 $ 1,185,524
Cost of sales 661,929 606,957 588,027
Gross profit 707,301 674,167 597,497
Operating expenses      
Research and development 342,759 347,647 375,139
Selling, general and administrative 127,008 131,115 126,502
Restructuring costs 352 21,925 0
Gain on sale of assets 0 0 (4,913)
Total operating expenses 470,119 500,687 496,728
Income from operations 237,182 173,480 100,769
Interest income 6,281 10,458 8,017
Interest expense (1,057) (1,057) (1,057)
U.K. pension settlement 0 0 (13,768)
Other income (expense) 2,840 (1,615) (217)
Income before income taxes 245,246 181,266 93,744
Provision for income taxes 27,902 21,768 3,753
Net income $ 217,344 $ 159,498 $ 89,991
Basic earnings per share (in dollars per share) $ 3.74 $ 2.74 $ 1.50
Diluted earnings per share (in dollars per share) $ 3.62 $ 2.64 $ 1.46
Basic weighted average common shares outstanding (in shares) 58,106 58,317 60,116
Diluted weighted average common shares outstanding (in shares) 60,060 60,462 61,583