Convertible Senior Notes, Warrants and Hedges (Tables)

12 Months Ended

Apr. 03, 2016

Debt Disclosure [Abstract]

Schedule of convertible debt

At the debt issuance date, the Convertible Notes, net of issuance costs, consist of the following (in thousands):

	November 3, 2015
Liability component
Principal	$	274,435
Less: Issuance cost	(7,568		)
Net carrying amount	266,867
Equity component
Allocated amount	99,316
Less: Issuance cost	(2,738		)
Net carrying amount	96,578
Convertible Notes, net	$	363,445

The following table includes total interest expense recognized related to the Convertible Notes for the year ended April 3, 2016 (in thousands):

	Fiscal Year Ended April 3, 2016
Contractual interest expense	$	1,363
Amortization of debt issuance costs	450
Amortization of debt discount	4,904
	$	6,717

The net liability component of Convertible Notes is comprised of the following as of April 3, 2016 (in thousands):

	April 3, 2016
Net carrying amount at issuance date	$	266,867
Amortization of debt issuance costs during the year	450
Amortization of debt discount during the year	4,904
	$	272,221