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Consolidated Statements of Changes in Shareholders' Equity (USD $)
In Thousands, unless otherwise specified
Total
Class C Convertible Preferred Stock
Common Stock
Treasury Stock
Additional Paid-In Capital
Retained Earnings
Accumulated Other Comprehensive Income
Beginning balance at Mar. 28, 2009 $ 194,291 $ 49 $ 230 $ (67,454) $ 74,443 $ 190,508 $ (3,485)
Net income 33,191         33,191  
Other comprehensive income (loss):              
Unrealized gain on derivatives contracts ($702 and $306 pre-tax for 2010 and 2011, respectively) [1] 435           435
Pension liability adjustment ($1,311, $756, and ($3,188) pre-tax for 2010, 2011 and 2012 respectively) [2] 813           813
Total comprehensive income 34,439            
Dividends:              
Preferred [3] (172)         (172)  
Common [3] (6,692)         (6,692)  
Tax benefit from exercise of stock options 2,990       2,990    
Exercise of stock options [4] 5,837   6 (3,136) 8,967    
Stock option compensation 1,977       1,977    
Ending balance at Mar. 27, 2010 232,670 49 236 (70,590) 88,377 216,835 (2,237)
Net income 45,841         45,841  
Other comprehensive income (loss):              
Unrealized gain on derivatives contracts ($702 and $306 pre-tax for 2010 and 2011, respectively) [1] 190           190
Pension liability adjustment ($1,311, $756, and ($3,188) pre-tax for 2010, 2011 and 2012 respectively) [2] 469           469
Total comprehensive income 46,500            
Dividends:              
Preferred [3] (213)         (213)  
Common [3] (8,477)         (8,477)  
Tax benefit from exercise of stock options 3,531       3,531    
Exercise of stock options [4] 3,947   4 (1,727) 5,670    
Shares issued in connection with three-for-two stock split (See Note 1) (8)   120   (6) (122)  
Stock option compensation 2,299       2,299    
Ending balance at Mar. 26, 2011 280,249 49 360 (72,317) 99,871 253,864 (1,578)
Net income 54,612         54,612  
Other comprehensive income (loss):              
Pension liability adjustment ($1,311, $756, and ($3,188) pre-tax for 2010, 2011 and 2012 respectively) [2] (1,977)           (1,977)
Total comprehensive income 52,635            
Dividends:              
Preferred [3] (266)         (266)  
Common [3] (10,770)         (10,770)  
Tax benefit from exercise of stock options 5,314       5,314    
Exercise of stock options [4] (2,358)   8 (14,176) 11,810    
Stock option compensation 2,695       2,695    
Ending balance at Mar. 31, 2012 $ 327,499 $ 49 $ 368 $ (86,493) $ 119,690 $ 297,440 $ (3,555)
[1] The balance related to the derivatives contracts was $(190) at March 27, 2010.
[2] The balance related to the pension liability was $(3,555), $(1,578) and $(2,047), respectively, at March 31, 2012, March 26, 2011 and March 27,2010.
[3] Dividends paid per common share or common share equivalent were $.35, $.28 and $.23, respectively, for the years ended March 31, 2012, March 26, 2011 and March 27, 2010. The March 27, 2010 amount included five payments/accruals due to timing.
[4] Includes the receipt of treasury stock in connection with the exercise of stock options and to partially satisfy tax withholding obligations.