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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Dec. 26, 2020
Dec. 28, 2019
Dec. 26, 2020
Dec. 28, 2019
Net revenues $ 484,685 $ 384,471 $ 1,251,375 $ 1,293,947
Cost of revenues 258,028 240,625 687,639 731,384
Gross profit 226,657 143,846 563,736 562,563
Operating expenses:        
Research, development, and engineering 54,150 53,769 156,327 170,708
Selling, general, and administrative 129,641 144,978 361,892 457,004
(Gain) loss, net from litigation settlements 0 0 17,561 (1,162)
Restructuring and other related charges 13,977 21,724 49,477 47,096
Total operating expenses 197,768 220,471 585,257 673,646
Operating income (loss) 28,889 (76,625) (21,521) (111,083)
Interest expense (18,417) (22,533) (58,182) (70,262)
Other non-operating income, net 2,596 967 4,188 675
Income (loss) before income taxes 13,068 (98,191) (75,515) (180,670)
Income tax benefit (7,045) (19,708) (7,208) (31,406)
Net income (loss) $ 20,113 $ (78,483) $ (68,307) $ (149,264)
Earnings (loss) per common share:        
Basic (in dollars per share) $ 0.49 $ (1.97) $ (1.67) $ (3.78)
Diluted (in dollars per share) $ 0.48 $ (1.97) $ (1.67) $ (3.78)
Shares used in computing earnings (loss) per common share:        
Basic (in shares) 41,252 39,784 40,894 39,535
Diluted (in shares) 42,184 39,784 40,894 39,535
Product        
Net revenues $ 420,711 $ 316,633 $ 1,059,846 $ 1,094,515
Cost of revenues 236,842 220,469 622,718 658,408
Service        
Net revenues 63,974 67,838 191,529 199,432
Cost of revenues $ 21,186 $ 20,156 $ 64,921 $ 72,976