XML 21 R4.htm IDEA: XBRL DOCUMENT v3.4.0.3
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Mar. 26, 2016
Mar. 28, 2015
Mar. 29, 2014
Consolidated Statements of Income [Abstract]      
Net sales $ 1,169,251 $ 916,568 $ 714,338
Cost of sales 614,411 490,820 358,175
Gross profit 554,840 425,748 356,163
Operating expenses:      
Research and development 269,217 197,878 126,189
Selling, general and administrative 117,082 99,509 74,861
Acquisition related costs   18,137  
Restructuring and other, net   1,455 (598)
Patent agreement and other (11,670)   695
Total operating expenses 374,629 316,979 201,147
Income from operations 180,211 108,769 155,016
Interest income 877 579 848
Interest expense (3,308) (5,627)  
Other expense (1,791) (12,172) (127)
Income before income taxes 175,989 91,549 155,737
Provision for income taxes 52,359 36,371 47,626
Net income $ 123,630 $ 55,178 $ 108,111
Basic earnings per share $ 1.96 $ 0.88 $ 1.72
Diluted earnings per share $ 1.87 $ 0.85 $ 1.65
Basic weighted average common shares outstanding 63,197 62,503 62,926
Diluted weighted average common shares outstanding 65,993 65,235 65,535