XML 49 R32.htm IDEA: XBRL DOCUMENT
v3.22.1

EARNINGS PER SHARE | 12 Months Ended
--- | ---
Apr. 02, 2022
Earnings Per Share [Abstract] |
EARNINGS PER SHARE | EARNINGS PER SHARE
|  | Year Ended March
(In thousands, except per share amounts) |  | 2022 |  |  | 2021 |  | 2020
Earnings per share — basic: |  |  |  |  |  |  |
Income from continuing operations |  | $ | 1,216,269 |  |  |  | $ | 354,906 |  |  | $ | 629,146 |
Weighted average common shares outstanding |  | 390,291 |  |  |  | 389,655 |  |  | 395,411 |
Earnings per share from continuing operations |  | $ | 3.12 |  |  |  | $ | 0.91 |  |  | $ | 1.59 |
Earnings per share — diluted: |  |  |  |  |  |  |
Income from continuing operations |  | $ | 1,216,269 |  |  |  | $ | 354,906 |  |  | $ | 629,146 |
Weighted average common shares outstanding |  | 390,291 |  |  |  | 389,655 |  |  | 395,411 |
Incremental shares from stock options and other dilutive securities |  | 2,120 |  |  |  | 2,466 |  |  | 4,525 |
Adjusted weighted average common shares outstanding |  | 392,411 |  |  |  | 392,121 |  |  | 399,936 |
Earnings per share from continuing operations |  | $ | 3.10 |  |  |  | $ | 0.91 |  |  | $ | 1.57 |
Outstanding options to purchase approximately 3.2 million, 3.4 million and 1.5 million shares of Common Stock were excluded from the calculations of diluted earnings per share in the years ended March 2022, 2021 and 2020, respectively, because the effect of their inclusion would have been antidilutive to those years. In addition, 0.5 million, 0.6 million and 0.6 million shares of performance-based RSUs were excluded from the calculations of diluted earnings per share in the years ended March 2022, 2021 and 2020, respectively, because these units were not considered to be contingent outstanding shares in those years.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration