Net Income Per Share (Tables)

9 Months Ended

Jan. 01, 2022

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				Nine Months Ended
	January 1, 2022		January 2, 2021		January 1, 2022		January 2, 2021
Numerator:
Numerator for basic and diluted net income per share	$	216,263	$	201,035	$	821,078	$	434,874
Denominator:
Denominator for basic net income per share — weighted average shares	109,687		113,811		110,966		114,292
Effect of dilutive securities:
Stock-based awards	1,123		1,879		1,449		1,965
Denominator for diluted net income per share — adjusted weighted average shares and assumed conversions	110,810		115,690		112,415		116,257
Basic net income per share	$	1.97	$	1.77	$	7.40	$	3.80
Diluted net income per share	$	1.95	$	1.74	$	7.30	$	3.74