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Earnings Per Share | 12 Months Ended
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Mar. 30, 2024
Earnings Per Share [Abstract] |
Earnings Per Share | 14. Earnings Per Share Basic net income per share (“EPS”) attributable to the Company was computed by dividing net income attributable to the Company by the average number of common shares outstanding during the period. Diluted earnings per share is calculated using our weighted-average outstanding common shares, including the dilutive effect of stock awards as determined under the treasury stock method. The following table sets forth the computation of basic and diluted earnings per common share:
|  | Year Ended |
(Dollars and shares in thousands, except per share data) |  | March 30, 2024 |  |  | April 1, 2023 |  |  | April 2, 2022 |
Numerator: |  |  |  |  |  |  |  |  |
Net income attributable to the Company's common shareholders |  | $ | 146,696 |  |  | $ | 401,802 |  |  | $ | 248,044 |
Denominator: |  |  |  |  |  |  |  |  |
Basic weighted average shares outstanding |  |  | 57,492 |  |  |  | 56,987 |  |  |  | 56,816 |
Dilutive securities |  |  | 486 |  |  |  | 408 |  |  |  | 490 |
Diluted weighted average shares outstanding |  |  | 57,978 |  |  |  | 57,395 |  |  |  | 57,306 |
Basic net income per share: |  | $ | 2.55 |  |  | $ | 7.05 |  |  | $ | 4.37 |
Diluted net income per share: |  | $ | 2.53 |  |  | $ | 7.00 |  |  | $ | 4.33 |
Securities that could potentially dilute basic EPS in the future that were considered antidilutive in the periods presented are shown below:
Type of security (in thousands) |  | March 30, 2024 |  |  | April 1, 2023 |  |  | April 2, 2022 |
Stock options |  |  | - |  |  |  | 13 |  |  |  | 11 |
Restricted share units |  |  | - |  |  |  | - |  |  |  | 20 |
Performance share units |  |  | 1 |  |  |  | 93 |  |  |  | 20 |
Total dilutive securities |  |  | 1 |  |  |  | 106 |  |  |  | 51 |

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