Net Income (Loss) Per Share (Tables)

12 Months Ended

Apr. 02, 2022

Earnings Per Share [Abstract]

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

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

	Fiscal Year
	2022		2021		2020
Numerator:
Numerator for basic and diluted net income per share — net income available to common stockholders	$	1,033,353	$	733,611	$	334,325
Denominator:
Denominator for basic net income per share — weighted average shares	110,196		114,034		117,007
Effect of dilutive securities:
Stock-based awards	1,350		1,982		2,286
Denominator for diluted net income per share — adjusted weighted average shares and assumed conversions	111,546		116,016		119,293
Basic net income per share	$	9.38	$	6.43	$	2.86
Diluted net income per share	$	9.26	$	6.32	$	2.80