Basis of Presentation (Tables)

9 Months Ended

Dec. 28, 2012

Fair Values of Outstanding Foreign Currency Forward Contracts

The fair values of the Company’s outstanding foreign currency forward contracts as of December 28, 2012 and March 30, 2012 were as follows:

	December 28, 2012				March 30, 2012
Derivatives designated as hedging instruments	Other current assets		Accrued liabilities		Other current assets		Accrued liabilities
	(In thousands)
Foreign currency forward contracts	$	—	$	179	$	—	$	443
Total derivatives designated as hedging instruments	$	—	$	179	$	—	$	443

Effects of Foreign Currency Forward Contracts in Cash Flow Hedging Relationships

The effects of foreign currency forward contracts in cash flow hedging relationships during the three months ended December 28, 2012 were as follows:

Derivatives in Cash Flow Hedging Relationships	Amount of Gain or (Loss) Recognized in Accumulated OCI on Derivatives (Effective Portion)		Location of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)		Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)			Location of Gain or (Loss) Recognized in Income on Derivatives (Ineffective Portion and Amount Excluded from Effectiveness Testing)		Amount of Gain or (Loss) Recognized in Income on Derivatives (Ineffective Portion and Amount Excluded from Effectiveness Testing)
	(In thousands)
Foreign currency forward contracts	$	57		Cost of product revenues	$	(141	)		Not applicable	$	—
Total	$	57			$	(141	)			$	—

The effects of foreign currency forward contracts in cash flow hedging relationships during the nine months ended December 28, 2012 were as follows:

Derivatives in Cash Flow Hedging Relationships	Amount of Gain or (Loss) Recognized in Accumulated OCI on Derivatives (Effective Portion)			Location of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)		Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)			Location of Gain or (Loss) Recognized in Income on Derivatives (Ineffective Portion and Amount Excluded from Effectiveness Testing)		Amount of Gain or (Loss) Recognized in Income on Derivatives (Ineffective Portion and Amount Excluded from Effectiveness Testing)
	(In thousands)
Foreign currency forward contracts	$	(463	)		Cost of product revenues	$	(727	)		Not applicable	$	—
Total	$	(463	)			$	(727	)			$	—

The effects of foreign currency forward contracts in cash flow hedging relationships during the three months ended December 30, 2011 were as follows:

Derivatives in Cash Flow Hedging Relationships	Amount of Gain or (Loss) Recognized in Accumulated OCI on Derivatives (Effective Portion)			Location of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)		Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)			Location of Gain or (Loss) Recognized in Income on Derivatives (Ineffective Portion and Amount Excluded from Effectiveness Testing)		Amount of Gain or (Loss) Recognized in Income on Derivatives (Ineffective Portion and Amount Excluded from Effectiveness Testing)
	(In thousands)
Foreign currency forward contracts	$	(243	)		Cost of product revenues	$	(112	)		Not applicable	$	—
Total	$	(243	)			$	(112	)			$	—

The effects of foreign currency forward contracts in cash flow hedging relationships during the nine months ended December 30, 2011 were as follows:

Derivatives in Cash Flow Hedging Relationships	Amount of Gain or (Loss) Recognized in Accumulated OCI on Derivatives (Effective Portion)			Location of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)		Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)			Location of Gain or (Loss) Recognized in Income on Derivatives (Ineffective Portion and Amount Excluded from Effectiveness Testing)		Amount of Gain or (Loss) Recognized in Income on Derivatives (Ineffective Portion and Amount Excluded from Effectiveness Testing)
	(In thousands)
Foreign currency forward contracts	$	(880	)		Cost of product revenues	$	(29	)		Not applicable	$	—
Total	$	(880	)			$	(29	)			$	—