Stockholders' Equity

3 Months Ended

Jul. 01, 2017

Stockholders' Equity Note [Abstract]

Stockholders' Equity

Stockholders' Equity

The following table represents changes in stockholders' equity for the three months ended July 1, 2017 (dollars in thousands):

				Additional paid-in capital			Retained earnings		Accumulated other comprehensive income			Total
	Common Stock
	Shares	Amount
Balance, April 1, 2017	8,994,968	$	90	$	244,791		$	148,141	$	1,386		$	394,408
Cumulative effect of implementing ASU 2016-09	—	—		—			69		—			69
Stock option exercises, including incremental tax benefits	23,852	—		(1,780		)			—			(1,780		)
Share-based compensation	—	—		513			—		—			513
Net income	—	—		—			11,753		—			11,753
Unrealized loss on available-for-sale securities	—	—		—			—		(555		)	(555		)
Balance, July 1, 2017	9,018,820	$	90	$	243,524		$	159,963	$	831		$	404,408

(1) Other comprehensive income is comprised of unrealized gains and losses on available-for-sale investments. Unrealized losses before tax effect on available-for-sale securities were $909,000 for the three months ended July 1, 2017.