Derivative Financial Instruments (Tables)

12 Months Ended

Mar. 28, 2015

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Forward currency exchange contracts outstanding

As of March 28, 2015 and March 29, 2014, the Company had the following outstanding forward currency exchange contracts (in notional amount), which were derivative financial instruments:

(In thousands and U.S. dollars)	March 28, 2015		March 29, 2014
Singapore Dollar	$	43,901	$	60,551
Euro	29,973		46,062
Indian Rupee	22,228		18,631
British Pound	12,946		12,056
Japanese Yen	4,994		9,273
	$	114,042	$	146,573

Derivative Instruments Located on Condensed Consolidated Balance Sheet

The Company had the following derivative instruments as of March 28, 2015 and March 29, 2014, located on the consolidated balance sheet, utilized for risk management purposes detailed above:

	Foreign Exchange Contracts
	Asset Derivatives			Liability Derivatives
(In thousands)	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
March 28, 2015	Prepaid expenses and other current assets	$	—	Other accrued liabilities	$	9,320
March 29, 2014	Prepaid expenses and other current assets	$	2,648	Other accrued liabilities	$	935

Effect Of Derivative Instruments On Condensed Consolidated Statements Of Income

The following table summarizes the effect of derivative instruments on the consolidated statements of income for fiscal 2015 and 2014:

	Foreign Exchange Contracts
(In thousands)	2015			2014
Amount of gains (losses) recognized in other comprehensive income on derivative (effective portion of cash flow hedging)	$	(8,321	)	$	2,167
Amount of losses reclassified from accumulated other comprehensive income into income (effective portion) *	$	(2,753	)	$	(1,707	)
Amount of gains (losses) recorded (ineffective portion) *	$	43		$	(13	)

* Recorded in Interest and Other Expense location within the consolidated statements of income.