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Quarterly Results (Unaudited) | 12 Months Ended
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Mar. 27, 2021
Quarterly Financial Data [Abstract] |
Quarterly Results (Unaudited) | Quarterly Results (Unaudited) The following quarterly results have been derived from our audited annual consolidated financial statements. In the opinion of management, this unaudited quarterly information has been prepared on the same basis as the annual consolidated financial statements and includes all adjustments, including normal recurring adjustments, necessary for a fair presentation of this quarterly information. This information should be read along with the financial statements and related notes. The operating results for any quarter are not necessarily indicative of results to be expected for any future period. The unaudited quarterly statement of operations data for each quarter of fiscal years 2021 and 2020 were as follows (in thousands, except per share data):
|  | Fiscal Year 2021
|  | 1st Quarter |  | 2nd Quarter |  | 3rd Quarter |  | 4th Quarter
Net sales |  | $ | 242,573 |  |  | $ | 347,325 |  |  | $ | 485,795 |  |  | $ | 293,537 |
Gross profit |  | 127,472 |  |  | 180,210 |  |  | 251,500 |  |  | 148,119 |
Net income |  | 18,209 |  |  | 59,486 |  |  | 114,368 |  |  | 25,281 |
Basic income per share |  | $ | 0.31 |  |  | $ | 1.02 |  |  | $ | 1.97 |  |  | $ | 0.44 |
Diluted income per share |  | 0.30 |  |  | 0.99 |  |  | 1.91 |  |  | 0.42 |
|  | Fiscal Year 2020
|  | 1st Quarter |  | 2nd Quarter |  | 3rd Quarter |  | 4th Quarter
Net sales |  | $ | 238,253 |  |  | $ | 388,912 |  |  | $ | 374,668 |  |  | $ | 279,291 |
Gross profit |  | 122,494 |  |  | 207,933 |  |  | 197,505 |  |  | 146,235 |
Net income |  | 4,618 |  |  | 76,210 |  |  | 68,512 |  |  | 10,158 |
Basic income per share |  | $ | 0.08 |  |  | $ | 1.31 |  |  | $ | 1.18 |  |  | $ | 0.17 |
Diluted income per share |  | 0.08 |  |  | 1.27 |  |  | 1.13 |  |  | 0.17 |

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- References No definition available. + Details
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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
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