XML 13 R2.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Sep. 26, 2020
Sep. 28, 2019
Sep. 26, 2020
Sep. 28, 2019
Income Statement [Abstract]        
Net revenues $ 209,486 $ 252,566 $ 405,063 $ 491,017
Cost of goods sold 103,742 125,566 209,289 248,111
Gross profit 105,744 127,000 195,774 242,906
Operating expenses:        
Research and development 6,763 7,422 14,513 14,909
Selling, general and administrative 71,697 77,922 141,234 150,922
Impairment of assets 0 0 1,028 48,721
Gains on divestitures and sale of assets (31,498) (8,083) (31,498) (8,083)
Total operating expenses 46,962 77,261 125,277 206,469
Operating income 58,782 49,739 70,497 36,437
Interest and other expense, net (3,826) (4,651) (7,561) (9,074)
Income before provision for income taxes 54,956 45,088 62,936 27,363
Provision (benefit) for income taxes 6,855 7,602 4,308 (1,644)
Net income $ 48,101 $ 37,486 $ 58,628 $ 29,007
Basic income (loss) per share (in dollars per share) $ 0.95 $ 0.74 $ 1.16 $ 0.57
Diluted income (loss) per share (in dollars per share) $ 0.94 $ 0.72 $ 1.15 $ 0.56
Weighted average shares outstanding        
Basic (in shares) 50,696 50,791 50,557 50,901
Diluted (in shares) 51,093 52,046 51,170 52,174
Comprehensive income $ 53,335 $ 35,378 $ 65,291 $ 23,281