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Summary of Significant Accounting Policies (Tables) | 12 Months Ended
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Mar. 29, 2014
Activity and Balances of Sales Reserves | The following table details the activity and balances of the Company’s sales reserves for the fiscal years ended March 29, 2014, March 30, 2013, and March 31, 2012 (in thousands):
Retail |  | Balance Beginning of Year |  |  | Amounts Charged to Revenue |  |  | Write-offs Against Reserves |  |  | Balance at Year End |
Return Reserves: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Year ended March 29, 2014 |  | $ | 3,146 |  |  | $ | 45,632 |  |  | $ | (46,458 | ) |  | $ | 2,320 |
Year ended March 30, 2013 |  | $ | 1,659 |  |  | $ | 35,448 |  |  | $ | (33,961 | ) |  | $ | 3,146 |
Year ended March 31, 2012 |  | $ | 2,313 |  |  | $ | 23,580 |  |  | $ | (24,234 | ) |  | $ | 1,659 |
Wholesale |  | Balance Beginning of Year |  |  | Amounts Charged to Revenue |  |  | Write-offs Against Reserves |  |  | Balance at Year End |
Total Sales Reserves: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Year ended March 29, 2014 |  | $ | 43,009 |  |  | $ | 203,465 |  |  | $ | (180,553 | ) |  | $ | 65,921 |
Year ended March 30, 2013 |  | $ | 30,381 |  |  | $ | 135,450 |  |  | $ | (122,822 | ) |  | $ | 43,009 |
Year ended March 31, 2012 |  | $ | 25,180 |  |  | $ | 114,577 |  |  | $ | (109,376 | ) |  | $ | 30,381 |
Fair Values of Forward Foreign Currency Exchange Contracts | The following table details the fair value of these contracts as of March 29, 2014, and March 30, 2013 (in thousands):
|  | March 29, 2014 |  |  | March 30, 2013 |
Prepaid expenses and other current assets |  | $ | 12 |  |  | $ | 1,367 |
Accrued expenses and other current liabilities |  | $ | (1,875 | ) |  | $ | (71 | )
Components of Calculation of Basic Net Income Per Ordinary Share and Diluted Net Income Per Ordinary Share | The components of the calculation of basic net income per ordinary share and diluted net income per ordinary share are as follows (in thousands except share and per share data):
|  | Fiscal Years Ended |
|  | March 29, 2014 |  |  | March 30, 2013 |  |  | March 31, 2012 |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |
Net Income |  | $ | 661,485 |  |  | $ | 397,602 |  |  | $ | 147,364 |
Net income applicable to preference shareholders |  |  | — |  |  |  | — |  |  |  | 21,227 |
|  | $ | 661,485 |  |  | $ | 397,602 |  |  | $ | 126,137 |
Denominator: |  |  |  |  |  |  |  |  |  |  |  |
Basic weighted average ordinary shares |  |  | 202,582,945 |  |  |  | 196,615,054 |  |  |  | 158,258,126 |
Weighted average dilutive share equivalents: |  |  |  |  |  |  |  |  |  |  |  |
Share options and restricted shares/units |  |  | 3,055,162 |  |  |  | 4,925,090 |  |  |  | 2,628,650 |
Convertible preference shares |  |  | — |  |  |  | — |  |  |  | 28,412,421 |
Diluted weighted average ordinary shares |  |  | 205,638,107 |  |  |  | 201,540,144 |  |  |  | 189,299,197 |
Basic net income per ordinary share |  | $ | 3.27 |  |  | $ | 2.02 |  |  | $ | 0.80 |
Diluted net income per ordinary share |  | $ | 3.22 |  |  | $ | 1.97 |  |  | $ | 0.78 |

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- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624163-113959 + Details
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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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