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SUPPLEMENTARY QUARTERLY FINANCIAL DATA
 12 Months Ended
Apr. 03, 2021
Quarterly Financial Information Disclosure [Abstract]  
Supplementary Quarterly Financial Data
SUPPLEMENTARY QUARTERLY FINANCIAL DATA
(Unaudited)

Each of the Company's Fiscal Years ends on the Saturday closest to the last day of March.  The Company's Fiscal Year 2021 consisted of 53 weeks and Fiscal Year 2020 consisted of 52 weeks. Our interim fiscal quarters for the first, second, third, and fourth quarter of Fiscal Year 2021 ended on June 27, 2020, September 26, 2020, December 26, 2020, and April 3, 2021, respectively, and our interim fiscal quarters for the first, second, third, and fourth quarter of Fiscal Year 2020 ended on June 29, 2019, September 28, 2019, December 28, 2019, and March 28, 2020, respectively. All interim fiscal quarters presented below consisted of 13 weeks, except for the quarter ended April 3, 2021, which consisted of 14 weeks.
 (in thousands, except per share data)Quarter Ended
 April 3, 2021December 26, 2020September 26, 2020June 27, 2020
Total net revenues$476,233 $484,685 $410,969 $355,720 
Gross profit212,816 226,657 180,746 156,332 
Net income (loss)10,977 20,113 (13,405)(75,015)
Basic net income (loss) per common share0.26 0.49 (0.33)(1.85)
Diluted net income (loss) per common share0.25 0.48 (0.33)(1.85)
Cash dividends declared per common share— — — — 
 (in thousands, except per share data)Quarter Ended
March 28, 20201
December 28, 2019September 28, 2019June 29, 2019
Total net revenues$403,043 $384,471 $461,709 $447,767 
Gross profit(10,328)143,846 206,071 212,646 
Net loss(677,918)(78,483)(25,910)(44,871)
Basic net loss per common share(16.94)(1.97)(0.65)(1.14)
Diluted net loss per common share(16.94)(1.97)(0.65)(1.14)
Cash dividends declared per common share— 0.15 0.15 0.15 

(1)The Company's consolidated financial results for the fourth quarter of Fiscal Year 2020 includes a non-cash impairment charge of $179.6 million to Intangible Assets and Property, Plant, and Equipment related to long-lived assets in the Voice asset group, as well as a non-cash impairment charge of $483.7 million to Goodwill related to an overall decline in the Company’s earnings and a sustained decrease in its share price. The Company also completed its internal intangible property restructuring between its wholly-owned subsidiaries to align the IP structure to its operations, resulting in a deferred tax asset and partially offset by a valuation allowance recorded against its U.S. deferred tax assets.