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Shareholders' Equity
9 Months Ended
Dec. 29, 2018
Equity [Abstract]  
Shareholders' Equity
Shareholders’ Equity
Share Repurchase Program
During the nine months ended December 29, 2018 and December 30, 2017, the Company repurchased 3,718,237 shares and 4,543,500 shares, respectively, at a cost of $200.0 million and $157.8 million, respectively, under its $1.0 billion share-repurchase program through open market transactions. As of December 29, 2018, the remaining availability under the Company’s share repurchase program was $442.2 million. Share repurchases may be made in open market or privately negotiated transactions, subject to market conditions, applicable legal requirements, trading transactions under the Company’s insider trading policy and other relevant factors. The program may be suspended or discontinued at any time.
The Company also has in place a “withhold to cover” repurchase program, which allows the Company to withhold ordinary shares from certain executive officers and directors to satisfy minimum tax withholding obligations relating to the vesting of their restricted share unit awards. During the nine month periods ended December 29, 2018 and December 30, 2017, the Company withheld 107,712 shares and 92,536 shares, respectively, with a fair value of $7.2 million and $3.2 million, respectively, in satisfaction of minimum tax withholding obligations relating to the vesting of restricted share unit awards.