Stockholders' Equity

9 Months Ended

Dec. 30, 2017

Stockholders' Equity Note [Abstract]

Stockholders' Equity

Stockholders' Equity

The following table represents changes in stockholders' equity for the nine months ended December 30, 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	40,326	—		(1,104		)			—		(1,104		)
Share-based compensation	—	—		1,918			—		—		1,918
Net income	—	—		—			39,362		—		39,362
Unrealized gain on available-for-sale securities	—	—		—			—		919		919
Balance, December 30, 2017	9,035,294	$	90	$	245,605		$	187,572	$	2,305	$	435,572

(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 $1.5 million for the nine months ended December 30, 2017.