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DERIVATIVES AND FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Mar. 30, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Effect of Derivative Instruments Designated as Cash Flow Hedges and Those Not Designated as Hedging Instruments
The following table presents the effect of the Company's derivative instruments designated as cash flow hedges and those not designated as hedging instruments under ASC 815 in its consolidated statements of income (loss) and comprehensive income (loss) for the fiscal year ended March 30, 2019.
Derivative Instruments  
 
Amount of Gain (Loss) Recognized in Accumulated Other Comprehensive Loss
 
Amount of Gain Reclassified from Accumulated Other Comprehensive Loss into Earnings
 
Location in Consolidated Statements of Income (Loss) and Comprehensive Income (Loss)
 
Amount of Gain Excluded from
Effectiveness
Testing
 
Location in Consolidated Statements of Income (Loss) and Comprehensive Income (Loss)
(In thousands)
 
 
 
 
 
 
 
 
 
 
Designated foreign currency hedge contracts, net of tax
 
$
2,610

 
$
577

 
Net revenues, COGS and SG&A
 
$
1,601

 
Interest and other expense, net
Non-designated foreign currency hedge contracts
 

 

 
 
 
$
1,355

 
Interest and other expense, net
Designated interest rate swaps, net of tax
 
$
(4,487
)
 
$
(377
)
 
Interest and other expense, net
 
$

 
 


Schedule of Fair Value of Derivative Instruments as They Appear in Consolidated Balance Sheets
The following tables present the fair value of the Company's derivative instruments as they appear in its consolidated balance sheets as of March 30, 2019 and March 31, 2018:
(In thousands)
Location in
Balance Sheet
 
As of March 30, 2019
 
As of March 31, 2018
Derivative Assets:
 
 
 

 
 

Designated foreign currency hedge contracts
Other current assets
 
$
1,208

 
$
780

Non-designated foreign currency hedge contracts
Other current assets
 
69

 
324

 
 
 
$
1,277

 
$
1,104

Derivative Liabilities:
 
 
 

 
 

Designated foreign currency hedge contracts
Other current liabilities
 
$
145

 
$
1,445

Non-designated foreign currency hedge contracts
Other current liabilities
 

 
138

Designated interest rate swaps
Other current liabilities
 
5,203

 

 
 
 
$
5,348

 
$
1,583

Schedule of Financial Assets and Financial Liabilities Measured at Fair Value on a Recurring Basis
Financial assets and financial liabilities measured at fair value on a recurring basis consist of the following as of March 30, 2019 and March 31, 2018.
 
 
As of March 30, 2019
(In thousands)
 
Level 1
 
Level 2
 
Total
Assets
 
 
 
 
 
 
Money market funds
 
$
36,980

 
$

 
$
36,980

Designated foreign currency hedge contracts
 

 
1,208

 
$
1,208

Non-designated foreign currency hedge contracts
 

 
69

 
$
69

 
 
$
36,980

 
$
1,277

 
$
38,257

Liabilities
 
 
 
 
 
 
Designated foreign currency hedge contracts
 
$

 
$
145

 
$
145

Designated interest rate swaps
 

 
5,203

 
$
5,203

 
 
$

 
$
5,348

 
$
5,348

 
 
 
 
 
 
 
 
 
As of March 31, 2018
 
 
Level 1
 
Level 2
 
Total
Assets
 
 
 
 
 
 
Money market funds
 
$
75,450

 
$

 
$
75,450

Designated foreign currency hedge contracts
 

 
780

 
$
780

Non-designated foreign currency hedge contracts
 

 
324

 
$
324

 
 
$
75,450

 
$
1,104

 
$
76,554

Liabilities
 
 

 
 

 
 

Designated foreign currency hedge contracts
 
$

 
$
1,445

 
$
1,445

Non-designated foreign currency hedge contracts
 

 
138

 
$
138

 
 
$

 
$
1,583

 
$
1,583