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EARNINGS PER SHARE ("EPS") | 12 Months Ended
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Apr. 01, 2017
Earnings Per Share [Abstract] |
EARNINGS PER SHARE (EPS) | EARNINGS PER SHARE (“EPS”) The following table provides a reconciliation of the numerators and denominators of the basic and diluted earnings per share computations.
(In thousands, except per share amounts) | 2017 |  | 2016 |  | 2015
Basic EPS |  |  |  |  |  |  |  |
Net (loss) income | $ | (26,268 | ) |  | $ | (55,579 | ) |  | $ | 16,897 |
Weighted average shares | 51,524 |  |  | 50,910 |  |  | 51,533 |
Basic (loss) income per share | $ | (0.51 | ) |  | $ | (1.09 | ) |  | $ | 0.33 |
Diluted EPS |  |  |  |  |  |  |  |
Net (loss) income | $ | (26,268 | ) |  | $ | (55,579 | ) |  | $ | 16,897 |
Basic weighted average shares | 51,524 |  |  | 50,910 |  |  | 51,533 |
Net effect of common stock equivalents | — |  |  | — |  |  | 556 |
Diluted weighted average shares | 51,524 |  |  | 50,910 |  |  | 52,089 |
Diluted (loss) income per share | $ | (0.51 | ) |  | $ | (1.09 | ) |  | $ | 0.32 |
Basic earnings per share is calculated using our weighted-average outstanding common shares. 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. For fiscal 2017 and 2016, we recognized a net loss; therefore we excluded the impact of outstanding stock awards from the diluted loss per share calculation as their inclusion would have an anti-dilutive effect. Fiscal 2015 weighted average shares outstanding, assuming dilution, excludes the impact of 1.6 million stock options and restricted share units because either the effect would have been anti-dilutive or the performance criteria related to the units had not yet been met.

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