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EARNINGS PER SHARE ("EPS") (Tables)
9 Months Ended
Dec. 28, 2013
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share Reconciliation
The following table provides a reconciliation of the numerators and denominators of the basic and diluted earnings per share computations. Basic EPS is computed by dividing net income by weighted average shares outstanding. Diluted EPS includes the effect of potentially dilutive common shares. The common stock weighted average number of shares has been retroactively adjusted for the stock split that occurred on November 30, 2012.
 
 
Three Months Ended
 (In thousands, except per share amounts)
 
December 28,
2013
 
December 29,
2012
Basic EPS
 
 
 
 
Net income
 
$
16,290

 
$
9,904

Weighted average shares
 
51,730

 
51,707

Basic income per share
 
$
0.31

 
$
0.19

Diluted EPS
 
 
 
 
Net income
 
$
16,290

 
$
9,904

Basic weighted average shares
 
51,730

 
51,707

Net effect of common stock equivalents
 
781

 
899

Diluted weighted average shares
 
52,511

 
52,606

Diluted income per share
 
$
0.31

 
$
0.19


 
 
Nine Months Ended
(In thousands, except per share amounts)
 
December 28,
2013
 
December 29,
2012
Basic EPS
 
 
 
 
Net income
 
$
24,964

 
$
26,239

Weighted average shares
 
51,485

 
51,364

Basic income per share
 
$
0.48

 
$
0.51

Diluted EPS
 
 
 
 
Net income
 
$
24,964

 
$
26,239

Basic weighted average shares
 
51,485

 
51,364

Net effect of common stock equivalents
 
815

 
900

Diluted weighted average shares
 
52,300

 
52,264

Diluted income per share
 
$
0.48

 
$
0.50