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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Jun. 27, 2020
Jun. 29, 2019
Net revenues $ 726,673 $ 849,632
Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization 226,103 283,500
Cost, Depreciation and Amortization 6,697 3,269
Cost of revenues 232,800 286,769
Gross margin 493,873 562,863
Operating expenses:    
Research and development 210,113 204,100
Selling, general and administrative 105,383 107,425
Amortization of acquisition-related intangibles 2,862 400
Total operating expenses 318,358 311,925
Operating income 175,515 250,938
Interest and other income (expense), net (12,153) 11,612
Income before income taxes 163,362 262,550
Provision for income taxes 69,526 21,091
Net income $ 93,836 $ 241,459
Net income per common share:    
Basic (in dollars per share) $ 0.39 $ 0.95
Diluted (in dollars per share) 0.38 0.94
Common Stock, Dividends, Per Share, Declared $ 0.38 $ 0.37
Shares used in per share calculations:    
Basic (in shares) 243,180 253,268
Diluted (in shares) 245,543 257,928