FAIR VALUE MEASUREMENT OF ASSETS AND LIABILITIES (Tables)

3 Months Ended

Jun. 29, 2012

FAIR VALUE MEASUREMENT OF ASSETS AND LIABILITIES

Schedule of financial assets and liabilities measured at fair value on a recurring basis

	Fair Value Measurements as of June 29, 2012
	Level 1		Level 2			Level 3		Total
	(In thousands)
Assets:
Money market funds and time deposits (Note 2)	$	—	$	265,732		$	—	$	265,732
Deferred purchase price receivable (Note 7)	—		—			513,907		513,907
Foreign exchange forward contracts (Note 6)	—		12,774			—		12,774
Available for sale investments	5,037		—			—		5,037
Deferred compensation plan assets:
Mutual funds, money market accounts and equity securities	3,209		52,149			—		55,358
Liabilities:
Foreign exchange forward contracts (Note 6)	$	—	$	(21,217	)	$	—	$	(21,217	)

	Fair Value Measurements as of March 31, 2012
	Level 1		Level 2			Level 3		Total
	(In thousands)
Assets:
Money market funds and time deposits (Note 2)	$	—	$	343,906		$	—	$	343,906
Deferred purchase price receivable (Note 7)	—		—			514,895		514,895
Foreign exchange forward contracts (Note 6)	—		20,999			—		20,999
Available for sale investments	5,994		—			—		5,994
Deferred compensation plan assets:
Mutual funds, money market accounts and equity securities	3,411		54,241			—		57,652
Liabilities:
Foreign exchange forward contracts (Note 6)	$	—	$	(8,105	)	$	—	$	(8,105	)

Schedule of financial liabilities not carried at fair value

	As of June 29, 2012				As of March 31, 2012
	Carrying		Fair		Carrying		Fair		Fair Value
	Amount		Value		Amount		Value		Hierarchy
	(In thousands)				(In thousands)
Revolving credit facility	$	140,000	$	140,000	$	140,000	$	140,000	Level 2
Term loan dated October 1, 2007	1,176,510		1,160,772		1,179,595		1,171,959		Level 1
Term loan dated October 19, 2011	481,250		474,633		487,500		482,625		Level 1
Asia term loans	376,500		371,464		377,000		374,394		Level 2
Total	$	2,174,260	$	2,146,869	$	2,184,095	$	2,168,978