Equity

12 Months Ended

Mar. 30, 2012

Stockholders' Equity, Number of Shares, Par Value and Other Disclosures [Abstract]

EQUITY

Stock Repurchase Programs

The Company repurchases its common stock under stock repurchase programs authorized by the Company's Board of Directors. As of March 30, 2012, there were 0.4million shares available for repurchase under existing stock repurchase programs.

From time to time, the Company's Board of Directors authorizes the purchase of its outstanding common shares. Depending on current market conditions and other factors, the Company is authorized to repurchase a determined amount of its total common stock. Repurchases can be made in the open market, privately negotiated transactions, and other transactions that will be disclosed publicly through filings with the SEC. This authorization is in addition to any shares remaining available under existing repurchase programs.

The following table summarizes the common stock repurchases and Board of Directors authorizations during fiscal years 2012, 2011, 2010, as well as the shares available for repurchase under the stock repurchase program as ofMarch 30, 2012, April 1, 2011, April 2, 2010, and March 27, 2009:

(in thousands)		Number of Shares
Shares available for repurchase at March 27, 2009		118
	Shares authorized for repurchase	5,966
	Shares repurchased	(2,767)
Shares available for repurchase at April 2, 2010		3,317
	Shares authorized for repurchase	2,763
	Shares repurchased	(2,728)
Shares available for repurchase at April 1, 2011		3,352
	Shares authorized for repurchase	2,680
	Shares repurchased	(5,595)
Shares available for repurchase at March 30, 2012		437

During fiscal year 2012, the Company repurchased approximately 5.6 million shares of common stock at an average price of $25.10 per common share for approximately $140,439.During fiscal year 2011, the Company repurchased approximately 2.7 million shares of common stock at an average price of $20.07per common share for approximately $54,761.

During fiscal year 2012, the Company'sadditional paid-in capital balance was reduced to zero as a result of share repurchases.  In accordance with ASC 505, Equity, retirements of the Company'sshares may be recorded to additional paid-in capital to the extent that previous net gains from sales or retirements of the same class of stock remain, and otherwise should be recorded to retained earnings.  As a result, retained earnings was reduced by $7,154 during fiscal year 2012, which represented share repurchases occurring after the additional paid-in capital balance had been reduced to zero.