XML 69 R63.htm IDEA: XBRL DOCUMENT v3.3.0.814
SUPPLEMENTAL GUARANTOR AND NON-GUARANTOR CONDENSED CONSOLIDATING FINANCIAL STATEMENTS (Details 3) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Sep. 25, 2015
Sep. 26, 2014
Sep. 25, 2015
Sep. 26, 2014
Condensed consolidating statements of operations        
Net sales $ 6,316,762 $ 6,528,517 $ 11,883,010 $ 13,171,262
Cost of sales 5,919,846 6,151,436 11,133,753 12,413,396
Gross profit 396,916 377,081 749,257 757,866
Selling, general and administrative expenses 216,796 204,590 426,181 413,867
Intangible amortization 16,127 8,232 23,798 15,183
Interest and other, net 23,713 9,922 40,382 (15,450)
Income before income taxes 140,280 154,337 258,896 344,266
Provision for income taxes 17,303 15,434 25,069 31,476
Equity in earnings in subsidiaries 0 0 0 0
Net income 122,977 138,903 233,827 312,790
Reportable legal entities | Parent        
Condensed consolidating statements of operations        
Net sales 0 0 0 0
Cost of sales 0 0 0 0
Gross profit 0 0 0 0
Selling, general and administrative expenses 0 0 0 0
Intangible amortization 75 75 150 150
Interest and other, net (132,637) (68,309) (398,020) (51,777)
Income before income taxes 132,562 68,234 397,870 51,627
Provision for income taxes 0 0 0 0
Equity in earnings in subsidiaries (9,585) 70,669 (164,043) 261,163
Net income 122,977 138,903 233,827 312,790
Reportable legal entities | Guarantor Subsidiaries        
Condensed consolidating statements of operations        
Net sales 4,482,213 4,732,749 8,528,598 9,537,544
Cost of sales 4,141,254 4,403,702 7,785,313 8,859,138
Gross profit 340,959 329,047 743,285 678,406
Selling, general and administrative expenses 66,682 62,825 130,238 124,627
Intangible amortization 960 834 1,921 1,687
Interest and other, net 277,355 288,590 613,767 547,193
Income before income taxes (4,038) (23,202) (2,641) 4,899
Provision for income taxes (5,658) 8,142 3,441 14,789
Equity in earnings in subsidiaries (33,969) (50,729) (52,516) 13,647
Net income (32,349) (82,073) (58,598) 3,757
Reportable legal entities | Non-Guarantor Subsidiaries        
Condensed consolidating statements of operations        
Net sales 5,514,535 5,184,889 9,450,050 9,961,077
Cost of sales 5,458,578 5,136,855 9,444,078 9,881,617
Gross profit 55,957 48,034 5,972 79,460
Selling, general and administrative expenses 150,114 141,765 295,943 289,240
Intangible amortization 15,092 7,323 21,727 13,346
Interest and other, net (121,005) (210,359) (175,365) (510,866)
Income before income taxes 11,756 109,305 (136,333) 287,740
Provision for income taxes 22,961 7,292 21,628 16,687
Equity in earnings in subsidiaries 16,621 50,147 52,584 86,579
Net income 5,416 152,160 (105,377) 357,632
Eliminations        
Condensed consolidating statements of operations        
Net sales (3,679,986) (3,389,121) (6,095,638) (6,327,359)
Cost of sales (3,679,986) (3,389,121) (6,095,638) (6,327,359)
Gross profit 0 0 0 0
Selling, general and administrative expenses 0 0 0 0
Intangible amortization 0 0 0 0
Interest and other, net 0 0 0 0
Income before income taxes 0 0 0 0
Provision for income taxes 0 0 0 0
Equity in earnings in subsidiaries 26,933 (70,087) 163,975 (361,389)
Net income $ 26,933 $ (70,087) $ 163,975 $ (361,389)