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Senior Notes and Other Long-Term Debt (Tables)
12 Months Ended
Mar. 31, 2016
Debt Disclosure [Abstract]  
Components of Long-Term Debt

Total long-term debt consisted of the following as of March 31, 2016 and April 3, 2015:

 

     As of
March 31,
2016
     As of
April 3,
2015
 
     (In thousands)  

Senior Notes

     

2020 Notes

   $ 575,000       $ 575,000   

Unamortized premium on the 2020 Notes

     6,374         7,657   
  

 

 

    

 

 

 

Total senior notes, net of premium

     581,374         582,657   

Less: current portion of the senior notes

     —           —    
  

 

 

    

 

 

 

Total senior notes long-term, net

     581,374         582,657   

Other Long-Term Debt

     

Revolving Credit Facility

     180,000         210,000   

Ex-Im Credit Facility (1)

     218,157         20,476   

Unamortized discount on the Ex-Im Credit Facility (1)

     (25,757      (7,302

Other

     562         822   
  

 

 

    

 

 

 

Total other long-term debt

     372,962         223,996   

Less: current portion of other long-term debt

     274         260   
  

 

 

    

 

 

 

Other long-term debt, net

     372,688         223,736   

Total debt

     954,336         806,653   

Less: current portion

     274         260   
  

 

 

    

 

 

 

Long-term debt, net

   $ 954,062       $ 806,393   
  

 

 

    

 

 

 

 

(1) As of March 31, 2016, included in Ex-Im Credit Facility and in unamortized discount on the Ex-Im Credit Facility was $21.0 million and $18.7 million, respectively, relating to the exposure fees accrued as of such date expected to be financed under the Ex-Im Credit Facility.
Aggregate Payments on Long-Term Debt Obligations

The estimated aggregate amounts and timing of payments on the Company’s long-term debt obligations as of March 31, 2016 for the next five fiscal years and thereafter were as follows (excluding the effects of premium accretion on the 2020 Notes and discount accretion under the Ex-Im Credit Facility[, and the amendment of the Revolving Credit Facility in May 2016, which, among other matters, extended the maturity date under the Revolving Credit Facility until May 2021]):

 

For the Fiscal Years Ending

      
     (In thousands)  

2017

   $ 263   

2018

     300   

2019

     207,270   

2020

     27,270   

2021

     602,270   

Thereafter

     136,346   
  

 

 

 
     973,719   

Plus: unamortized premium (discount)

     (19,383
  

 

 

 

Total

   $ 954,336