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EARNINGS PER SHARE (Tables)
6 Months Ended
Sep. 26, 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

 

Six-Month Periods Ended

 

 

 

September 26, 2014

 

September 27, 2013

 

September 26, 2014

 

September 27, 2013

 

 

 

(In thousands, except per share amounts)

 

Basic earnings per share:

 

 

 

 

 

 

 

 

 

Net income

 

$

138,903

 

$

118,205

 

$

312,790

 

$

177,462

 

Shares used in computation:

 

 

 

 

 

 

 

 

 

Weighted-average ordinary shares outstanding

 

585,760

 

610,775

 

586,497

 

618,447

 

Basic earnings per share

 

$

0.24

 

$

0.19

 

$

0.53

 

$

0.29

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per share:

 

 

 

 

 

 

 

 

 

Net income

 

$

138,903

 

$

118,205

 

$

312,790

 

$

177,462

 

Shares used in computation:

 

 

 

 

 

 

 

 

 

Weighted-average ordinary shares outstanding

 

585,760

 

610,775

 

586,497

 

618,447

 

Weighted-average ordinary share equivalents from stock options and awards (1) (2)

 

10,111

 

12,845

 

12,089

 

13,313

 

Weighted-average ordinary shares and ordinary share equivalents outstanding

 

595,871

 

623,620

 

598,586

 

631,760

 

Diluted earnings per share

 

$

0.23

 

$

0.19

 

$

0.52

 

$

0.28

 

 

 

(1)     Options to purchase ordinary shares of 7.0 million and 18.1 million during the three-month periods ended September 26, 2014 and September 27, 2013, respectively, and share bonus awards of 0.8 million and 1.0 million during the three-month periods ended September 26, 2014 and September 27, 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.

(2)     Options to purchase ordinary shares of 12.1 million and 18.7 million during the six-month periods ended September 26, 2014 and September 27, 2013, respectively, and share bonus awards of 0.4 million and 2.4 million during the six-month periods ended September 26, 2014 and September 27, 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.