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SUMMARY OF QUARTERLY DATA (UNAUDITED) | 12 Months Ended
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Mar. 30, 2019
Quarterly Financial Data [Abstract] |
SUMMARY OF QUARTERLY DATA (UNAUDITED) | SUMMARY OF QUARTERLY DATA (UNAUDITED)
(In thousands, except per share data) |  | Three months ended
Fiscal 2019 |  | June 30, 2018 |  | September 29, 2018 |  | December 29, 2018 |  | March 30, 2019
Net revenues |  | $ | 229,347 |  |  | $ | 241,581 |  |  | $ | 247,356 |  |  | $ | 249,295 |
Gross profit |  | $ | 83,244 |  |  | $ | 111,907 |  |  | $ | 111,175 |  |  | $ | 111,210 |
Operating income |  | $ | 5,293 |  |  | $ | 26,076 |  |  | $ | 28,320 |  |  | $ | 23,856 |
Net income (loss) |  | $ | (2,819 | ) |  | $ | 18,726 |  |  | $ | 18,277 |  |  | $ | 20,835 |
Per share data: |  |  |  |  |  |  |  |  |  |  |  |
Net income (loss): |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | (0.05 | ) |  | $ | 0.36 |  |  | $ | 0.36 |  |  | $ | 0.41 |
Diluted |  | $ | (0.05 | ) |  | $ | 0.35 |  |  | $ | 0.35 |  |  | $ | 0.40 |
(In thousands, except per share data) |  | Three months ended
Fiscal 2018 |  | July 1, 2017 |  | September 30, 2017 |  | December 30, 2017 |  | March 31, 2018
Net revenues |  | $ | 210,951 |  |  | $ | 225,377 |  |  | $ | 234,043 |  |  | $ | 233,552 |
Gross profit |  | $ | 91,665 |  |  | $ | 104,562 |  |  | $ | 111,295 |  |  | $ | 104,386 |
Operating income |  | $ | 16,611 |  |  | $ | 24,258 |  |  | $ | 1,013 |  |  | $ | 14,275 |
Net (loss) income |  | $ | 20,137 |  |  | $ | 20,102 |  |  | $ | (6,547 | ) |  | $ | 11,880 |
Per share data: |  |  |  |  |  |  |  |  |  |  |  |
Net (loss) income: |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.38 |  |  | $ | 0.38 |  |  | $ | (0.12 | ) |  | $ | 0.22 |
Diluted |  | $ | 0.38 |  |  | $ | 0.38 |  |  | $ | (0.12 | ) |  | $ | 0.22 |
The operating results for the fourth quarter of fiscal 2018 include certain misstatements that were determined to be immaterial both individually and in the aggregate. The misstatement in the fourth quarter of fiscal 2018 was primarily driven by an over accrual of certain professional fees in the third quarter of fiscal 2018. Below is a summary of the net overstatement/(understatement) of the Company’s reported operating income and net income for the fourth quarter of fiscal 2018.
(In thousands) |  | Overstatement/(Understatement)
Three Months Ended |  | Operating (Loss) Income |  | Net (Loss) Income
March 31, 2018 |  | 2,835 |  |  | 2,426 |

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
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