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Net Income Per Share From Continuing Operations
12 Months Ended
Mar. 29, 2015
Earnings Per Share [Abstract]  
Net Income Per Share From Continuing Operations
Net Income Per Share From Continuing Operations
Basic net income per share is computed using the weighted-average number of common shares outstanding during the period.  Diluted net income per share is computed using the weighted-average number of common and dilutive potential common shares outstanding during the period. Potential common shares include employee stock options and restricted stock units. For purposes of computing diluted net income per share, weighted-average potential common shares do not include potential common shares that are anti-dilutive under the treasury stock method.
The following table sets forth the computation of basic and diluted net income per share from continuing operations: 
 
Fiscal Year Ended
 
(in thousands, except per share amounts)
March 29,
2015
 
March 30,
2014
 
March 31,
2013
Numerator (basic and diluted):
 
 
 
 
 
Net income from continuing operations
$
114,581

 
$
111,313

 
$
2,711

 
 
 
 
 
 
Denominator:
 
 
 
 
 
Weighted average common shares outstanding, basic
148,714


149,480


144,014

Dilutive effect of employee stock options, restricted stock units and performance stock units
5,269

 
3,889

 
1,664

Weighted average common shares outstanding, diluted
153,983

 
153,369

 
145,678

 
 
 
 
 
 
Basic net income per share from continuing operations
$
0.77

 
$
0.74

 
$
0.02

Diluted net income per share from continuing operations
$
0.74

 
$
0.73

 
$
0.02


Potential dilutive common shares of 11 thousand, 1.5 million and 12.0 million pertaining to employee stock options, restricted stock and performance stock units were excluded from the calculation of diluted earnings per share for the fiscal years ended March 29, 2015, March 30, 2014 and March 31, 2013, respectively, because the effect would have been anti-dilutive.