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Derivative Financial Instruments (Tables) | 9 Months Ended
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Dec. 26, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Fair Value of Derivative Contracts Recorded on Gross Basis in Consolidated Balance Sheets | The following table details the fair value of the Company’s derivative contracts, which are recorded on a gross basis in the consolidated balance sheets as of December 26, 2015 and March 28, 2015 (in thousands):
|  |  |  |  | Fair Values
| Notional Amounts |  | Current Assets (1) |  | Current Liabilities (2)
| December 26, 2015 |  | March 28, 2015 |  | December 26, 2015 |  | March 28, 2015 |  | December 26, 2015 |  | March 28, 2015
Designated forward currency exchange contracts | $ | 244,895 |  |  | $ | 226,090 |  |  | $ | 3,408 |  |  | $ | 23,590 |  |  | $ | 1,261 |  |  | $ | 522 |
Undesignated forward currency exchange contracts | — |  |  | 25,788 |  |  | — |  |  | 1,414 |  |  | — |  |  | 78 |
Total | $ | 244,895 |  |  | $ | 251,878 |  |  | $ | 3,408 |  |  | $ | 25,004 |  |  | $ | 1,261 |  |  | $ | 600 |
(1) | Recorded within prepaid expenses and other current assets in the Company’s consolidated balance sheets.
(2) | Recorded within accrued expenses and other current liabilities in the Company’s consolidated balance sheets.
Summary of Impact of Effective Portion of Gains and Losses of Forward Contracts Designated as Hedges | The following tables summarize the impact of the effective portion of gains and losses of the forward contracts designated as hedges for the three month and nine month periods ended December 26, 2015 and December 27, 2014 (in thousands):
| Three Months Ended
| December 26, 2015 |  | December 27, 2014
| Pre-Tax Gain Recognized in OCI (Effective Portion) |  | Less: Pre-Tax Gain Reclassified from Accumulated OCI into Earnings (Effective Portion) |  | Pre-Tax Gain Recognized in OCI (Effective Portion) |  | Less: Pre-Tax Gain Reclassified from Accumulated OCI into Earnings (Effective Portion)
Forward currency exchange contracts | $ | 542 |  |  | $ | 5,792 |  |  | $ | 5,095 |  |  | $ | 1,956 |
| Nine Months Ended
| December 26, 2015 |  | December 27, 2014
| Pre-Tax Loss Recognized in OCI (Effective Portion) |  | Less: Pre-Tax Gain Reclassified from Accumulated OCI into Earnings (Effective Portion) |  | Pre-Tax Gain Recognized in OCI (Effective Portion) |  | Less: Pre-Tax Gain Reclassified from Accumulated OCI into Earnings (Effective Portion)
Forward currency exchange contracts | $ | (17,770 | ) |  | $ | 8,174 |  |  | $ | 15,607 |  |  | $ | 573 |

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- Definition Tabular disclosure of the effective portion of the gains and losses on derivative instruments designated (and non-derivative instruments) designated and qualifying in cash flow hedges and net investment hedges that was recognized in other comprehensive income (loss) during the current period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5624171-113959 + Details
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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=56946850&loc=SL5624163-113959 + Details
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