XML 151 R38.htm IDEA: XBRL DOCUMENT

CAPITAL STOCK (Tables)

12 Months Ended

Mar. 30, 2013

Schedule of Summary of Stock Option Activity

A summary of stock option activity for the fiscal year ended March 30, 2013 is as follows:



	Options Outstanding (shares)		Weighted Average Exercise Price per Share		Weighted Average Remaining Life (years)	Aggregate Intrinsic Value ($000’s)
Outstanding at March 31, 2012	4,847,134		$	26.15	3.87	$	42,134
Granted	904,998		38.60
Exercised	(1,402,298	)	22.86
Forfeited	(280,076	)	29.05
Outstanding at March 30, 2013	4,069,758		$	29.85	4.31	$	48,061

Exercisable at March 30, 2013	2,052,602		$	26.42	4.22	$	31,287

Vested or expected to vest at March 30, 2013	3,838,353		$	29.56	3.09	$	46,433

Schedule of Assumptions Utilized for Estimating Fair Value of Option Grants

The assumptions utilized for option grants during the periods presented are as follows:



	March 30, 2013		March 31, 2012		April 2, 2011
Volatility	26.4	%	27.5	%	28.2	%
Expected life (years)	4.9		4.9		4.9
Risk-free interest rate	0.8	%	1.1	%	1.8	%
Dividend yield	0.0	%	0.0	%	0.0	%

Schedule of Assumptions Used to Estimate Fair Value of Shares Purchased Under ESPP

The fair values of shares purchased under the Employee Stock Purchase Plan are estimated using the Black-Scholes single option-pricing model with the following weighted average assumptions:



	March 30, 2013		March 31, 2012		April 2, 2011
Volatility	24.9	%	26.3	%	21.1	%
Expected life (months)	6		6		6
Risk-free interest rate	0.2	%	0.1	%	0.2	%
Dividend Yield	0.0	%	0.0	%	0.0	%

The weighted average rates used to determine the net periodic benefit costs were as follows:



	March 30, 2013		March 31, 2012		April 2, 2011
Discount rate	1.97	%	2.40	%	5.30	%
Rate of increased salary levels	1.42	%	1.50	%	2.60	%
Expected long-term rate of return on assets	1.92	%	2.10	%	1.60	%

Schedule of Summary of Restricted Stock Units Activity

A summary of restricted stock units activity for the fiscal year ended March 30, 2013 is as follows:



	Shares		Weighted Average Market Value at Grant Date
Nonvested at March 31, 2012	321,526		$	25.86
Awarded	178,322		32.85
Released	(112,986	)	27.47
Forfeited	(30,443	)	31.23
Nonvested at March 30, 2013	356,419		$	34.06

Schedule of Comprehensive Income (Loss)

A summary of the components of accumulated other comprehensive income is as follows:



(In thousands)	Foreign Currency Translation			Unrealized Gain/(Loss) on Derivatives, Net of Tax			Impact of Defined Benefit Plans, Net of Tax			Accumulated Other Comprehensive Income
Balance, April 3, 2010	$	5,271		$	1,454		$	(820	)	$	5,905
Changes during the year	6,380			(3,299		)	555			3,636
Balance, April 2, 2011	$	11,651		$	(1,845	)	$	(265	)	$	9,541
Changes during the year	(2,813		)	6,370			(3,988		)	(431		)
Balance, March 31, 2012	$	8,838		$	4,525		$	(4,253	)	$	9,110
Changes during the year	(4,705		)	1,848			(820		)	(3,677		)
Balance, March 30, 2013	$	4,133		$	6,373		$	(5,073	)	$	5,433

- Definition

Tabular disclosure of components of comprehensive income (loss) including, but not limited to: (a) foreign currency translation adjustments; (b) gains (losses) on foreign currency transactions that are designated as, and are effective as, economic hedges of a net investment in a foreign entity; (c) gains (losses) on intercompany foreign currency transactions that are of a long-term-investment nature, when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting enterprise's financial statements; (d) change in the market value of a futures contract that qualifies as a hedge of an asset reported at fair value; (e) unrealized holding gains (losses) on available-for-sale securities and that resulting from transfers of debt securities from the held-to-maturity category to the available-for-sale category; (f) a net loss recognized as an additional pension liability not yet recognized as net periodic pension cost; and (g) the net gain (loss) and net prior service cost or credit for pension plans and other postretirement benefit plans.

+ References+ Details