XML 16 R2.htm IDEA: XBRL DOCUMENT v3.4.0.3
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Apr. 02, 2016
Mar. 28, 2015
Mar. 29, 2014
Net revenues $ 2,213,881 $ 2,377,344 $ 2,382,531
Cost of revenues 671,907 708,823 743,253
Gross margin 1,541,974 1,668,521 1,639,278
Operating expenses:      
Research and development 533,891 525,745 492,447
Selling, general and administrative 331,652 353,670 378,607
Amortization of acquisition-related intangibles 6,550 9,537 9,887
Restructuring charges 0 24,491 0
Litigation and contingency 0 0 (9,410)
Total operating expenses 872,093 913,443 890,351
Operating income 669,881 755,078 748,927
Loss on Extinguishment of Debt 0 0 9,848
Interest and other expense, net 33,056 15,002 29,553
Income before income taxes 636,825 740,076 709,526
Provision for income taxes 85,958 91,860 79,138
Net income $ 550,867 $ 648,216 $ 630,388
Net income per common share:      
Basic (in dollars per share) $ 2.14 $ 2.44 $ 2.37
Diluted (in dollars per share) $ 2.05 $ 2.35 $ 2.19
Shares used in per share calculations:      
Basic (in shares) 257,184 265,480 266,431
Diluted (in shares) 268,667 276,123 287,396