Stockholders' Equity

9 Months Ended

Dec. 31, 2016

Stockholders' Equity Note [Abstract]

Stockholders' Equity

Stockholders' Equity

The following table represents changes in stockholders' equity for the nine months ended December 31, 2016 (dollars in thousands):

				Additional paid-in capital		Retained earnings		Accumulated other comprehensive income		Total
	Common Stock
	Shares	Amount
Balance, April 2, 2016	8,927,989	$	89	$	241,662	$	110,186	$	1,289	$	353,226
Stock option exercises, including incremental tax benefits	64,979	1		865		—		—		866
Share-based compensation	—	—		1,743		—		—		1,743
Net income	—	—		—		27,067		—		27,067
Unrealized loss on Available-for-sale securities	—	—		—		—		1,077		1,077
Balance, December 31, 2016	8,992,968	$	90	$	244,270	$	137,253	$	2,366	$	383,979

(1) Other comprehensive income is comprised of unrealized gains and losses on available-for-sale investments. Unrealized gains before tax effect on available-for-sale securities were $1.7 million for the nine months ended December 31, 2016.