Net Income Per Share (Tables)

3 Months Ended

Jun. 27, 2020

Earnings Per Share [Abstract]

Reconciliation of the numerators and denominators in the computation of basic and diluted net loss per share

The following table sets forth the computation of basic and diluted net income per share (in thousands, except per share data):

	Three Months Ended
	June 27, 2020		June 29, 2019
Numerator:
Numerator for basic and diluted net income per share — net income available to common stockholders	$	96,922	$	39,541
Denominator:
Denominator for basic net income per share — weighted average shares	114,585		118,756
Effect of dilutive securities:
Stock-based awards	2,166		2,367
Denominator for diluted net income per share — adjusted weighted average shares and assumed conversions	116,751		121,123
Basic net income per share	$	0.85	$	0.33
Diluted net income per share	$	0.83	$	0.33