Stock-based Compensation (Tables)

9 Months Ended

Dec. 29, 2012

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Stock Options, Valuation Assumptions

The fair value of stock options is estimated on the grant date using the Black-Scholes option pricing model which includes the following weighted-average assumptions.

	Nine-months ended
	December 31
	2012		2011
Expected life (in years)	7.0		4.8
Risk free interest rate	0.8	%	1.7	%
Annual forfeiture rate	2.0	%	2.1	%
Expected Volatility	44.6	%	45.3	%
Dividend yield	1.0	%	0.7	%

Schedule of Stock Options, Activity

The following table summarizes the Company’s stock option activity:

	Shares (in 000’s)		Weighted-Average Exercise Price		Weighted-Average Remaining Contractual Life (Years)	Intrinsic Value (000’s)
Outstanding at March 31, 2012	2,827		$	34.95
Granted	184		22.07
Exercised	—		—
Forfeited or cancelled	(412	)	35.02
Outstanding at December 31, 2012	2,599		$	34.02	4.4	$	314
Exercisable at December 31, 2012	2,251		$	35.08	3.7	$	—

Schedule of Stock Options, Nonvested Share Activity

The following table summarizes certain information regarding the Company’s non-vested stock options:

	Shares (in 000’s)		Weighted-Average Grant-Date Fair Value
March 31, 2012	382		$	12.15
Granted	184		9.02
Vested	(188	)	12.16
Forfeited	(30	)	11.11
December 31, 2012	348		$	10.57

Schedule of Restricted Stock Units, Activity

The following table summarizes the Company’s restricted stock unit activity:

	Shares (in 000’s)		Weighted-Average Grant-Date Fair Value
March 31, 2012	280		$	31.23
Granted	228		22.92
Vested	(13	)	29.20
Forfeited	(167	)	29.25
December 31, 2012	328		$	26.55

Schedule of Performance Share Units, Valuation Assumptions

The fair value of performance share awards (subject to the Company’s Relative TSR Ranking) is estimated on the grant date using the Monte-Carlo simulation valuation method which includes the following weighted-average assumptions.

	Nine-months ended
	December 31
	2012		2011
Risk free interest rate	0.4	%	0.9	%
Expected Volatility	41.3	%	50.8	%
Dividend yield	1.0	%	0.7	%

Schedule of Performance Share Units, Activity

The following table summarizes the Company’s performance share award activity:

	Shares (in 000’s)		Weighted-Average Grant-Date Fair Value
March 31, 2012	183		$	33.77
Granted	111		22.35
Vested	—		—
Forfeited	(19	)	30.36
December 31, 2012	275		$	29.39