Convertible Debentures and Revolving Credit Facility (Tables)

9 Months Ended

Dec. 29, 2012

2.625% Senior Convertible Debentures [Member]

Debt Instrument [Line Items]

Carrying values of liability and equity components of debentures

The carrying values of the liability and equity components of the 2.625% Debentures are reflected in the Company’s condensed consolidated balance sheets as follows:

(In thousands)	December 29, 2012			March 31, 2012
Liability component:
Principal amount of the 2.625% Debentures	$	600,000		$	600,000
Unamortized discount of liability component	(68,653		)	(80,311		)
Hedge accounting adjustment – sale of interest rate swap	19,839			23,208
Net carrying value of the 2.625% Debentures	$	551,186		$	542,897
Equity component – net carrying value	$	105,620		$	105,620

Interest expense related to debentures

Interest expense related to the 2.625% Debentures was included in interest and other expense, net on the condensed consolidated statements of income as follows:

	Three Months Ended				Nine Months Ended
(In thousands)	December 29, 2012		December 31, 2011		December 29, 2012		December 31, 2011
Contractual coupon interest	$	3,938	$	3,938	$	11,813	$	11,813
Amortization of debt issuance costs	362		362		1,086		1,086
Amortization of debt discount, net	2,763		2,763		8,289		8,289
Total interest expense related to the 2.625% Debentures	$	7,063	$	7,063	$	21,188	$	21,188

3.125% Junior Convertible Debentures [Member]

Debt Instrument [Line Items]

Carrying values of liability and equity components of debentures

The carrying values of the liability and equity components of the 3.125% Debentures are reflected in the Company’s condensed consolidated balance sheets as follows:

(In thousands)	December 29, 2012			March 31, 2012
Liability component:
Principal amount of the 3.125% Debentures	$	689,635		$	689,635
Unamortized discount of liability component	(321,860		)	(325,448		)
Unamortized discount of embedded derivative from date of issuance	(1,402		)	(1,446		)
Carrying value of liability component – 3.125% Debentures	366,373			362,741
Carrying value of embedded derivative component	1,324			931
Net carrying value of the 3.125% Debentures	$	367,697		$	363,672
Equity component – net carrying value	$	229,513		$	229,513

Interest expense related to debentures

Interest expense related to the 3.125% Debentures was included in interest and other expense, net on the condensed consolidated statements of income and was recognized as follows:

	Three Months Ended						Nine Months Ended
(In thousands)	December 29, 2012			December 31, 2011			December 29, 2012		December 31, 2011
Contractual coupon interest	$	5,388		$	5,388		$	16,163	$	16,163
Amortization of debt issuance costs	55			55			168		168
Amortization of embedded derivative	14			14			43		43
Amortization of debt discount	1,218			1,133			3,588		3,339
Fair value adjustment of embedded derivative	(221		)	(655		)	393		407
Total interest expense related to the 3.125% Debentures	$	6,454		$	5,935		$	20,355	$	20,120