EARNINGS PER SHARE (Tables)

3 Months Ended

Jun. 27, 2014

EARNINGS PER SHARE

Schedule of basic weighted-average ordinary shares outstanding and diluted weighted-average ordinary share equivalents used to calculate basic and diluted earnings per share

	Three-Month Periods Ended
	June 27, 2014		June 28, 2013
	(In thousands, except per share amounts)
Basic earnings per share:
Net income	$	173,887	$	59,257
Shares used in computation:
Weighted-average ordinary shares outstanding	587,233		626,120
Basic earnings per share	$	0.30	$	0.09
Diluted earnings per share:
Net income	$	173,887	$	59,257
Shares used in computation:
Weighted-average ordinary shares outstanding	587,233		626,120
Weighted-average ordinary share equivalents from stock options and awards (1)	14,067		13,779
Weighted-average ordinary shares and ordinary share equivalents outstanding	601,300		639,899
Diluted earnings per share	$	0.29	$	0.09

(1) Options to purchase ordinary shares of 12.6 million and 19.2 million during the three-month periods ended June 27, 2014 and June 28, 2013, respectively, and share bonus awards of 0.4 million and 2.5 million during the three-month periods ended June 27, 2014 and June 28, 2013, respectively, were excluded from the computation of diluted earnings per share due to their anti-dilutive impact on the weighted average ordinary share equivalents.