Comprehensive Income

12 Months Ended

Mar. 31, 2012

Comprehensive Income / Stockholders' Equity [Abstract]

Comprehensive Income

Note 13. Comprehensive Income

Comprehensive income is defined as the change in equity of a company during a period from transactions and other events and circumstances from nonowner sources. The difference between net income and comprehensive income for the Company results from unrealized gains (losses) on its available-for-sale securities, net of taxes, foreign currency translation adjustments and hedging transactions.

The components of comprehensive income are as follows:

(In thousands)	2012			2011			2010
Net income	$	530,079		$	641,875		$	357,484
Net change in unrealized gains on available-for-sale securities, net of tax		7,159			5,975			14,996
Reclassification adjustment for gains on available-for-sale securities, net of tax,included in net income		(1,062	)		(2,438	)		(240	)
Net change in unrealized gains (losses) on hedging transactions, net of tax		(8,324	)		6,776			(541	)
Net change in cumulative translation adjustment		(1,026	)		1,425			3,422
Comprehensive income	$	526,826		$	653,613		$	375,121

The components of accumulated other comprehensive income as of fiscal year-ends are as follows:

(In thousands)	March 31, 2012			April 2, 2011
Accumulated unrealized gains on available-for-sale securities, net of tax	$	8,916		$	2,819
Accumulated unrealized gains (losses) on hedging transactions, net of tax		(3,101	)		5,223
Accumulated cumulative translation adjustment		1,449			2,475
Accumulated other comprehensive income	$	7,264		$	10,517