FAIR VALUE MEASUREMENT OF ASSETS AND LIABILITIES (Tables)

6 Months Ended

Sep. 28, 2012

FAIR VALUE MEASUREMENT OF ASSETS AND LIABILITIES

Schedule of assumptions used in the fair value of warrants

	As of September 28, 2012
Remaining life	5.6 years
Volatility	55%
Dividend yield	0%
Risk-free rate	0.75%

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

	Fair Value Measurements as of September 28, 2012
	Level 1		Level 2			Level 3		Total
	(In thousands)
Assets:
Money market funds and time deposits (Note 2)	$	—	$	315,935		$	—	$	315,935
Deferred purchase price receivable (Note 8)	—		—			458,085		458,085
Foreign exchange forward contracts (Note 7)	—		24,342			—		24,342
Available for sale investments	5,056		—			—		5,056
Warrants to purchase common shares (Note 2)	—		—			23,000		23,000
Deferred compensation plan assets:
Mutual funds, money market accounts and equity securities	3,049		54,800			—		57,849
Liabilities:
Foreign exchange forward contracts (Note 7)	$	—	$	(6,930	)	$	—	$	(6,930	)

	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 8)	—		—			514,895		514,895
Foreign exchange forward contracts (Note 7)	—		20,969			—		20,969
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 7)	$	—	$	(8,105	)	$	—	$	(8,105	)

Schedule of financial liabilities not carried at fair value

	As of September 28, 2012				As of March 31, 2012
	Carrying		Fair		Carrying		Fair		Fair Value
	Amount		Value		Amount		Value		Hierarchy
	(In thousands)
Term loan dated October 1, 2007	$	1,173,425	$	1,167,599	$	1,179,595	$	1,171,959	Level 1
Term loan dated October 19, 2011	531,250		530,586		487,500		482,625		Level 1
Asia term loans	376,000		374,133		377,000		374,394		Level 2
Revolving credit facility	—		—		140,000		140,000		Level 2
Total	$	2,080,675	$	2,072,318	$	2,184,095	$	2,168,978