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Treasury Stock
9 Months Ended
Jan. 01, 2012
Treasury Stock [Abstract]  
Treasury Stock

Note 5. Treasury Stock

In November 2011, the Board of Directors approved a program to repurchase up to an additional $200 million of the Company’s outstanding common stock over a two-year period commencing upon the conclusion of the existing program approved in August 2010. Since fiscal 2003, the Company has had various stock repurchase programs that authorized the purchase of up to $1.95 billion of its outstanding common stock.

Repurchased shares have been recorded as treasury shares and will be held until the Company’s Board of Directors designates that these shares be retired or used for other purposes.