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Stockholder's Equity
9 Months Ended
Dec. 31, 2011
Stockholder's Equity [Abstract]  
Stockholder's Equity

12. Stockholders' Equity

Common Stock

     The Company issued 102 thousand and 261 thousand shares of common stock, respectively, for the three and nine month periods ending December 31, 2011, in connection with stock option exercises during the current fiscal year, as well as for grants to certain members of our Board of Directors. The Company issued 0.4 million and 3.7 million shares of common stock, respectively, for the three and nine month periods ending December 25, 2010, in connection with stock option exercises during the prior fiscal year.

Comprehensive Income

The components of comprehensive income, net of tax, are as follows (in thousands):

    Three Months Ended     Nine Months Ended  
    December 31, December 25,     December 31,     December 25,  
    2011   2010     2011     2010  
Net income $ 16,731 $ 24,621   $ 37,156   $ 73,097  
Adjustments to arrive at comprehensive                      
income:                      
Change in unrealized gain (loss) on                      
marketable securities   63   (98 )   (67 )   (71 )
Comprehensive income $ 16,794 $ 24,523   $ 37,089   $ 73,026  

 

Share Repurchase Program

     On November 4, 2010, we announced an $80 million share repurchase program had been approved by our Board of Directors. To date, we have repurchased 5.1 million shares at a cost of $79.5 million, or an average price of $15.51 per share. Of this total, during the current fiscal year we have repurchased 4.9 million shares at a cost of $76.8 million, or an average cost of $15.63 per share. As of December 31, 2011, approximately $0.5 million remains available for share repurchases under this $80 million share repurchase program. All shares of our common stock that were repurchased were cancelled and retired.