Black Box (BBOX) 10-Q 29 Jan 16 2016 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	9 Months Ended
	Dec. 26, 2015	Jan. 08, 2016	Sep. 25, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	BLACK BOX CORP
Entity Central Index Key	849,547
Document Type	10-Q
Document Period End Date	Dec. 26, 2015
Amendment Flag	false
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q3
Current Fiscal Year End Date	--03-31
Entity Current Reporting Status	Yes
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		15,382,475
Entity Public Float			$ 219,945,388

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 26, 2015	Mar. 31, 2015
Assets
Cash and cash equivalents	$ 17,992	$ 23,534
Accounts receivable, net of allowance for doubtful accounts of $5,325 and $5,109	160,744	150,562
Inventories, net	48,506	54,437
Costs/estimated earnings in excess of billings on uncompleted contracts	66,313	79,329
Other assets	28,099	35,475
Total current assets	321,654	343,337
Property, plant and equipment, net	34,322	32,247
Goodwill, net	34,377	191,178
Intangibles, net	80,280	88,098
Deferred tax asset	49,874	27,008
Other assets	7,905	4,391
Total assets	528,412	686,259
Liabilities
Accounts payable	57,116	64,509
Accrued compensation and benefits	18,432	24,817
Deferred revenue	27,469	34,913
Billings in excess of costs/estimated earnings on uncompleted contracts	24,391	16,380
Other liabilities	40,203	47,100
Total current liabilities	167,611	187,719
Long-term debt	128,651	137,267
Other liabilities	23,142	24,162
Total liabilities	319,404	349,148
Stockholders’ equity
Preferred stock authorized 5,000, par value $1.00, none issued	0	0
Common stock authorized 100,000, par value $.001, 15,383 and 15,365 shares outstanding, 26,467 and 26,305 issued	26	26
Additional paid-in capital	501,026	498,052
Retained earnings	129,957	258,388
Accumulated other comprehensive income (loss)	(13,200)	(13,399)
Treasury stock, at cost 11,084 and 10,940 shares	(408,801)	(405,956)
Total stockholders’ equity	209,008	337,111
Total liabilities and stockholders’ equity	$ 528,412	$ 686,259

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 26, 2015	Mar. 31, 2015
Statement of Financial Position [Abstract]
Allowance for doubtful accounts	$ 5,325	$ 5,109
Preferred stock, par value (in US$ per share)	$ 1	$ 1
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Common stock, par value (in US$ per share)	$ 0.001	$ 0.001
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	26,467,000	26,305,000
Common stock, shares outstanding	15,383,000	15,365,000
Treasury stock, shares	11,084,000	10,940,000

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands		3 Months Ended		9 Months Ended
		Dec. 26, 2015	Dec. 27, 2014	Dec. 26, 2015	Dec. 27, 2014
Revenues
Products		$ 41,932	$ 46,616	$ 126,712	$ 134,384
Services		180,549	206,678	561,821	613,009
Total		222,481	253,294	688,533	747,393
Cost of sales
Products	[1]	23,686	27,930	72,846	79,144
Services	[1]	129,166	148,569	405,001	442,516
Total	[1]	152,852	176,499	477,847	521,660
Gross profit		69,629	76,795	210,686	225,733
Selling, general & administrative expenses		59,950	65,145	184,227	193,176
Goodwill impairment loss		0	0	157,272	0
Intangibles amortization		2,603	2,647	7,820	7,940
Operating income (loss)		7,076	9,003	(138,633)	24,617
Interest expense, net		1,215	1,170	3,650	3,328
Other expenses (income), net		63	112	448	251
Income (loss) before provision for income taxes		5,798	7,721	(142,731)	21,038
Provision (benefit) for income taxes		61	2,447	(19,377)	8,618
Net income (loss)		$ 5,737	$ 5,274	$ (123,354)	$ 12,420
Earnings (loss) per common share
Basic (in US$ per share)		$ 0.37	$ 0.34	$ (8.04)	$ 0.80
Diluted (in US$ per share)		$ 0.37	$ 0.34	$ (8.04)	$ 0.80
Weighted-average common shares outstanding
Basic (shares)		15,379	15,392	15,343	15,439
Diluted (shares)		15,385	15,454	15,343	15,501
Dividends per share		$ 0.11	$ 0.10	$ 0.33	$ 0.30
[1]	Exclusive of depreciation and intangibles amortization.

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 26, 2015	Dec. 27, 2014	Dec. 26, 2015	Dec. 27, 2014
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 5,737	$ 5,274	$ (123,354)	$ 12,420
Other comprehensive income (loss)
Foreign currency translation adjustment	(1,148)	(4,594)	78	(10,427)
Pension
Actuarial gain (loss), net of taxes of $3, $5, $3 and $3	4	8	5	5
Amounts reclassified into results of operations, net of taxes of $21, $28, $133 and $84	32	43	202	129
Derivative instruments
Net change in fair value of cash flow hedges, net of taxes of ($120), ($57), ($258) and ($74)	(196)	(92)	(420)	(120)
Amounts reclassified into results of operations, net of taxes of $36, $114, $206 and $203	59	186	334	331
Other comprehensive income (loss)	(1,249)	(4,449)	199	(10,082)
Comprehensive income (loss)	$ 4,488	$ 825	$ (123,155)	$ 2,338

Consolidated Statements of Com6

Consolidated Statements of Comprehensive Income (Loss) (Unaudited) Parenthetical - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 26, 2015	Dec. 27, 2014	Dec. 26, 2015	Dec. 27, 2014
Pension
Actuarial gain (loss), taxes	$ 3	$ 5	$ 3	$ 3
Actuarial gain (loss) reclassified into results of operations, taxes	21	28	133	84
Derivative instruments
Net change in fair value of cash flow hedges, taxes	(120)	(57)	(258)	(74)
Amounts reclassified into results of operations, taxes	$ 36	$ 114	$ 206	$ 203

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Dec. 26, 2015	Dec. 27, 2014
Operating Activities
Net income (loss)	$ (123,354)	$ 12,420
Adjustments to reconcile net income (loss) to net cash provided by (used for) operating activities
Intangibles amortization	7,820	7,940
Depreciation expense	6,274	5,143
Loss (gain) on sale of property	5	(93)
Deferred taxes	(24,252)	(148)
Stock compensation expense	4,251	4,909
Change in fair value of interest-rate swaps	(399)	(837)
Goodwill impairment loss	157,272	0
Changes in operating assets and liabilities (net of acquisitions)
Accounts receivable, net	(10,353)	(24,066)
Inventories, net	5,788	(3,376)
Costs/estimated earnings in excess of billings on uncompleted contracts	12,967	5,775
All other assets	3,721	2,069
Accounts payable	(7,270)	1,141
Billings in excess of costs/estimated earnings on uncompleted contracts	8,042	5,757
All other liabilities	(25,638)	(7,110)
Net cash provided by (used for) operating activities	14,874	9,524
Investing Activities
Capital expenditures	(8,124)	(6,366)
Capital disposals	128	193
Prior merger-related (payments)/recoveries	0	(780)
Net cash provided by (used for) investing activities	(7,996)	(6,953)
Financing Activities
Proceeds (repayments) from long-term debt	(8,753)	15,551
Proceeds (repayments) from short-term debt	3,201	(1,658)
Purchase of treasury stock	(2,845)	(8,049)
Payment of dividends	(4,922)	(4,498)
Increase (decrease) in cash overdrafts	77	108
Net cash provided by (used for) financing activities	(13,242)	1,454
Foreign currency exchange impact on cash	822	(1,541)
Increase/(decrease) in cash and cash equivalents	(5,542)	2,484
Cash and cash equivalents at beginning of period	23,534	30,810
Cash and cash equivalents at end of period	17,992	33,294
Supplemental cash flow
Cash paid for interest	3,898	5,391
Cash paid for income taxes	3,382	7,217
Non-cash financing activities
Dividends payable	1,694	1,536
Capital leases	$ 358	$ 171

Business and Basis of Presentat

Business and Basis of Presentation	9 Months Ended
	Dec. 26, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Business and Basis of Presentation	Business and Basis of Presentation Business Black Box Corporation ("Black Box" or "the Company") is a leading technology solutions provider dedicated to helping customers design, build, manage and secure their IT infrastructure. The Company offers Products and Services that it distributes through two platforms it has built over its 39 -year history. The Products platform provides networking solutions through the sale of products including: (i) IT infrastructure, (ii) specialty networking, (iii) multimedia and (iv) keyboard/video/mouse ("KVM") switching. The Services platform is comprised of engineering and design, network operations centers, technical certifications, national and international sales teams, remote monitoring, on-site service teams and technology partner centers of excellence which includes dedicated sales and engineering resources. The primary services offered through this platform include: (i) communications lifecycle services, (ii) unified communications, (iii) structured cabling, (iv) video/AV services, (v) in-building wireless and (vi) data center services. Founded in 1976, Black Box, a Delaware corporation, is headquartered near Pittsburgh in Lawrence, Pennsylvania. Basis of Presentation The accompanying unaudited interim consolidated financial statements of Black Box have been prepared in accordance with accounting principles generally accepted in the United States ("GAAP") and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. The Company believes that these consolidated financial statements reflect all normal, recurring adjustments needed to present fairly the Company’s results for the interim periods presented. The results as of and for interim periods presented may not be indicative of the results of operations for any other interim period or for the full year. These financial statements should be read in conjunction with the financial statements and notes thereto included in the Company’s most recent Annual Report on Form 10-K as filed with the Securities and Exchange Commission ("SEC") for the fiscal year ended March 31, 2015 (the "Form 10-K"). The Company’s fiscal year ends on March 31. The fiscal quarters consist of 13 weeks and end on the Saturday generally nearest each calendar quarter end, adjusted to provide relatively equivalent business days for each fiscal quarter. The actual ending dates for the periods presented in these Notes to the Consolidated Financial Statements as of December 31, 2015 and 2014 were December 26, 2015 and December 27, 2014 , respectively. References herein to "Fiscal Year" or "Fiscal" mean the Company’s fiscal year ended March 31 for the year referenced. All references to dollar amounts herein are presented in thousands, except per share amounts, unless otherwise noted. The consolidated financial statements include the accounts of Black Box Corporation, the ultimate parent company, and its subsidiaries. All significant intercompany accounts and transactions have been eliminated in consolidation. Certain items in the consolidated financial statements of prior years have been reclassified to conform to the current year's presentation. The preparation of financial statements in conformity with GAAP requires Company management ("Management") to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates in these financial statements include project progress towards completion to estimated budget, allowances for doubtful accounts receivable, sales returns, net realizable value of inventories, loss contingencies, warranty reserves, intangible assets and goodwill. Actual results could differ from those estimates. Management believes these estimates are reasonable.

Significant Accounting Policies

Significant Accounting Policies	9 Months Ended
	Dec. 26, 2015
Accounting Policies [Abstract]
Significant Accounting Policies	Significant Accounting Policies Significant Accounting Policies The significant accounting policies used in the preparation of the Company’s consolidated financial statements are disclosed in Note 2 of the Notes to the Consolidated Financial Statements within the Form 10-K. No additional significant accounting policies have been adopted during Fiscal 2016 . Recent Accounting Pronouncements There have been no accounting pronouncements adopted during Fiscal 2016 that have had a material impact on the Company's consolidated financial statements. In April 2015, the Financial Accounting Standards Board (the "FASB") issued Accounting Standards Codification ("ASC") Update 2015-03, "Simplifying the Presentation of Debt Issuance Costs" ("ASC 2015-03") which requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. In August 2015, the FASB issued ASC Update No. 2015-15, "Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements," ("ASC 2015-15"). ASC 2015-15 provides additional guidance to ASC 2015-03, which did not address presentation or subsequent measurement of debt issuance costs related to line-of-credit arrangements. ASC 2015-03 requires retrospective adoption and is effective for annual reporting periods (including interim periods therein) beginning after December 15, 2015 with early adoption permitted. The Company does not expect the adoption of ASC 2015-03 to have a material impact on our financial statements. In April 2015, the FASB issued ASC Update No. 2015-05, "Customer's Accounting for Fees Paid in a Cloud Computing Arrangement" ("ASC 2015-05") which provides additional guidance to customers about whether a cloud computing arrangement includes a software license. Under ASC 2015-05, if a software cloud computing arrangement contains a software license, customers should account for the license element of the arrangement in a manner consistent with the acquisition of other software licenses. If the arrangement does not contain a software license, customers should account for the arrangement as a service contract. Entities can use either of two methods: (i) prospectively to all arrangements entered into or materially modified after the effective date; or (ii) retrospectively providing certain additional disclosures as defined per ASC 2015-05. ASC 2015-05 is effective for annual reporting periods (including interim periods therein) beginning after December 15, 2015 with early adoption permitted. The Company does not expect the adoption of ASC 2015-05 to have a material impact on our financial statements. In May 2014, the FASB issued ASC Update No. 2014-09, "Revenue from Contracts with Customers" ("ASC 2014-09"), which was amended in July 2015 by ASC Update No. 2015-14, that outlines a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and supersedes most current revenue recognition guidance. The core principle of ASC 2014-09 is that an entity recognizes revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expected to be entitled in exchange for those goods or services. Entities can use either of two methods: (i) retrospective to each prior period presented with the option to elect certain practical expedients as defined within ASC 2014-09; or (ii) retrospective with the cumulative effect of initially applying ASC 2014-09 recognized at the date of initial application and providing certain additional disclosures as defined per ASC 2014-09. ASC 2014-09 is effective for annual reporting periods (including interim periods therein) beginning after December 15, 2017 for public companies with early adoption permitted for annual reporting periods (including interim periods therein) beginning after December 15, 2016. The Company is evaluating the method of adoption and the impact of the adoption of ASU 2014-09 on its consolidated financial statements. In July 2015, the FASB issued ASC Update No. 2015-11, "Simplifying the Measurement of Inventory" ("ASC 2015-11") which requires that inventory be measured at the lower of cost and net realizable value. ASC 2015-11 should be adopted prospectively and is effective for annual reporting periods (including interim periods therein) beginning after December 15, 2016 with early adoption permitted. The Company does not expect the adoption of ASC 2015-11 to have a material impact on our financial statements. In November 2015, the FASB issued ASC Update No. 2015-17, "Balance Sheet Classification of Deferred Taxes" ("ASC 2015-17") which requires all deferred tax assets and liabilities, including related valuation allowances, be classified as non-current on the consolidated balance sheets. ASC 2015-17 may be adopted prospectively or retrospectively and is effective for annual reporting periods (including interim periods therein) beginning after December 15, 2016 with early adoption permitted. The Company does not expect the adoption of ASC 2015-17 to have a material impact on our financial statements.

Inventories

Inventories	9 Months Ended
	Dec. 26, 2015
Inventory Disclosure [Abstract]
Inventories	Inventories The Company’s Inventories consist of the following: December 31, 2015 March 31, 2015 Raw materials $ 1,953 $ 1,674 Finished goods 61,683 69,387 Inventory, gross 63,636 71,061 Excess and obsolete inventory reserves (15,130 ) (16,624 ) Inventories, net $ 48,506 $ 54,437

Goodwill

Goodwill	9 Months Ended
	Dec. 26, 2015
Goodwill [Abstract]
Goodwill	Goodwill The following table summarizes Goodwill at the Company’s reporting segments: North America Products North America Services International Products International Services Total Goodwill (gross) at March 31, 2015 $ 79,745 $ 506,271 $ 39,217 $ 38,171 $ 663,404 Accumulated impairment losses at March 31, 2015 (42,845 ) (364,036 ) (33,883 ) (31,462 ) (472,226 ) Goodwill (net) at March 31, 2015 $ 36,900 $ 142,235 $ 5,334 $ 6,709 $ 191,178 Foreign currency translation adjustment 1 (1 ) 14 457 471 Goodwill impairment loss (25,211 ) (119,547 ) (5,348 ) (7,166 ) (157,272 ) Goodwill (gross) at December 31, 2015 $ 79,746 $ 506,270 $ 39,231 $ 38,628 $ 663,875 Accumulated impairment losses at December 31, 2015 (68,056 ) (483,583 ) (39,231 ) (38,628 ) (629,498 ) Goodwill (net) at December 31, 2015 $ 11,690 $ 22,687 $ — $ — $ 34,377 The Company conducted its annual goodwill impairment assessment during the third quarter of Fiscal 2015 using data as of September 27, 2014. The first step of the goodwill impairment assessment, used to identify potential impairment, resulted in a surplus of fair value over carrying amount for each of our reporting units; thus, the reporting units were considered not impaired and the second step of the impairment test was not necessary. The excess of the fair value over this adjusted carrying amount was $23,061 , $68,364 , $14,839 and $1,411 for North America Products, North America Services, International Products and International Services, respectively. During the fourth quarter of Fiscal 2015 in connection with planning for the fiscal year ending March 31, 2016, and based on the results of Fiscal 2015, the Company reduced its longer-term revenue and profitability outlook for North America Services from the longer-term revenue and profitability outlook used in the annual goodwill impairment assessment completed in the third quarter of Fiscal 2015. The Company evaluated the impact of this reduced longer-term revenue and profitability outlook and determined that it was not likely to reduce the fair value of this reporting unit below its carrying amount; thus, no interim test was warranted. Such determination was based on the following considerations: (i) the Company continues to expect longer term revenue and profit growth, but at lower rates (ii) the carrying amount for North America Services did not materially change from the annual goodwill impairment assessment completed in the third quarter of Fiscal 2015 (iii) the Company had $68,364 ( 31% ) of excess of fair value over the carrying amount for North America Services from the annual goodwill impairment assessment completed in the third quarter of Fiscal 2015 and (iv) there were no material negative industry or macro-economic trends in the fourth quarter of Fiscal 2015. To illustrate the impact of the reduced longer-term revenue and profitability outlook, assuming all other assumptions held constant from the annual goodwill impairment assessment completed in the third quarter of Fiscal 2015, the excess of the fair value for North America Services would have been reduced from $68,364 ( 31% ) to $14,963 ( 7% ). During the second quarter of Fiscal 2016 and in connection with its recent downward adjustment to revenue and profitability outlook for Fiscal 2016 communicated on July 28, 2015, the Company conducted an interim goodwill assessment to determine whether such assets were recoverable as of June 27, 2015. Such assessment revealed that the carrying value of its reporting units exceeded the fair value of its reporting units and accordingly the Company proceeded to the second step of the goodwill impairment assessment. The Company recorded a non-cash, pre-tax goodwill impairment loss of $157,272 (consisting of $25,211 , $119,547 , $5,348 and $7,166 in its North America Products, North America Services, International Products and International Services reporting units, respectively) during the second quarter of Fiscal 2016 as a result of its interim goodwill assessment conducted as of June 27, 2015. In determining the impairment loss, the implied fair value of the reporting unit goodwill was compared to the carrying amount of the goodwill. The implied fair value of reporting unit goodwill was determined as the residual between the fair value of the reporting unit and the fair value of its assets (including any unrecognized intangible assets) and liabilities as of the interim goodwill assessment date. The impairment charge did not impact the Company's business operations, compliance with debt covenants or future cash flows nor did it result in any cash expenditures. The primary factors contributing to the goodwill impairment loss in North America Services were lower projected revenue and profit in Fiscal 2016 and the corresponding impact in periods beyond Fiscal 2016 and a historically high weighted-average cost of capital. North America Services revenues are lower relative to recent historical amounts due to a slower than anticipated ramp up of the new sales organization in the Company's core commercial services business and continued deferments of award and task order funding in the Company's federal business, partially offset by continued growth in the Company's Solutions Practices and large managed service contract. North America Services profits continue to be challenged by competitive pricing pressures and current period investments for the operations initiative and infrastructure which the Company believes will enable it to grow revenue and profits more efficiently beyond Fiscal 2016. North America weighted-average cost of capital was at a historical high primarily driven by a significant increase in the size premium within the cost of equity as a result of a decrease in the Company's market capitalization below $300 million. The primary factor contributing to the goodwill impairment loss in North America Products, International Products and International Services were the historically high weighted-average cost of capital noted above and, to a lower extent, lower than expected projected profits. The Company adjusted the carrying value of its reporting units to reflect the goodwill impairment loss and compared that adjusted carrying value to the fair value of the reporting units. The excess of the fair value over this adjusted carrying value was $23,599 and $6,303 for North America Products and North America Services, respectively. A 100 basis point increase in the weighted-average cost of capital, which, holding all other assumptions constant, would have a significant impact on the fair value of a reporting unit, would decrease the fair value of the reporting units by $5,732 and $17,453 for North America Products and North America Services, respectively. The Company conducted its annual goodwill impairment assessment during the third quarter of Fiscal 2016 using data as of September 26, 2015. The first step of the goodwill impairment assessment, used to identify potential impairment, resulted in a surplus of fair value over carrying amount for both North America Products and North America Services thus those reporting units are considered not impaired and the second step of the impairment test is not necessary. The excess of the fair value over carrying amount was $24,442 and $6,622 for North America Products and North America Services, respectively. A 100 basis point increase in the weighted-average cost of capital, which, holding all other assumptions constant, would have a significant impact on the fair value of a reporting unit and would decrease the fair value of the reporting units by $5,783 and $17,576 for North America Products and North America Services, respectively. During the fourth of Fiscal 2016, the Company will determine whether the recent downward adjustment in revenue and profitability outlook for Fiscal 2016 and the potential impact, if any, on longer-term projections will impact the valuation of goodwill. Future events that could result in an interim assessment of goodwill impairment and/or a potential impairment loss include, but are not limited to, (i) significant underperformance relative to historical or projected future operating results, (ii) significant changes in the manner of or use of the assets or the strategy for the Company's overall business or (iii) significant negative industry or economic trends.

Intangible Assets

Intangible Assets	9 Months Ended
	Dec. 26, 2015
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Intangible Assets	Intangible Assets The following table summarizes the gross carrying amount, accumulated amortization and net carrying amount by intangible asset class: December 31, 2015 March 31, 2015 Gross Carrying Amount (1) Accum. Amort. (1) Net Carrying Amount Gross Carrying Amount Accum. Amort. Net Carrying Amount Definite-lived Non-compete agreements $ 2,263 $ 2,115 $ 148 $ 11,901 $ 11,548 $ 353 Customer relationships 121,406 69,086 52,320 137,267 77,988 59,279 Backlog 3,489 3,416 73 20,838 20,111 727 Total $ 127,158 $ 74,617 $ 52,541 $ 170,006 $ 109,647 $ 60,359 Indefinite-lived Trademarks 35,992 8,253 27,739 35,992 8,253 27,739 Total $ 163,150 $ 82,870 $ 80,280 $ 205,998 $ 117,900 $ 88,098 (1) Reflects the write-off of fully amortized non-compete agreements, customer relationships and backlog during the three-month period ending December 26, 2015 . The Company’s indefinite-lived intangible assets consist solely of the Company’s trademark portfolio. The Company’s definite-lived intangible assets are comprised of employee non-compete agreements, customer relationships and backlog obtained through business acquisitions. During the second quarter of Fiscal 2016 and in connection with its recent downward adjustment to revenue and profitability outlook for Fiscal 2016, the Company conducted an interim long-lived asset assessment and determined such assets were recoverable as of June 27, 2015. Further, the Company conducted its intangible assets annual impairment assessment during the third quarter of Fiscal 2016, using data as of September 26, 2015 noting no indicators that its intangible assets were not recoverable. The following table summarizes the changes to the net carrying amounts by intangible asset class: Trademarks Non-Competes and Backlog Customer relationships Total March 31, 2015 $ 27,739 $ 1,080 $ 59,279 $ 88,098 Intangibles Amortization — (861 ) (6,959 ) (7,820 ) Foreign currency translation adjustment — 2 — 2 December 31, 2015 $ 27,739 $ 221 $ 52,320 $ 80,280 The following table details the estimated intangibles amortization expense for the remainder of Fiscal 2016 , each of the succeeding four fiscal years and the periods thereafter. Fiscal 2016 $ 2,455 2017 8,885 2018 7,428 2019 6,446 2020 5,951 Thereafter 21,376 Total $ 52,541

Indebtedness

Indebtedness	9 Months Ended
	Dec. 26, 2015
Debt Disclosure [Abstract]
Indebtedness	Indebtedness The Company’s Long-term debt consists of the following: December 31, 2015 March 31, 2015 Revolving credit agreement $ 127,825 $ 136,000 Other 1,916 2,132 Total debt $ 129,741 $ 138,132 Less: current portion (included in Other liabilities) (1,090 ) (865 ) Long-term debt $ 128,651 $ 137,267 On March 23, 2012, the Company entered into a Credit Agreement (the "Credit Agreement") with Citizens Bank of Pennsylvania, as administrative agent, and certain other lender parties. The Credit Agreement expires on March 23, 2017. Borrowings under the Credit Agreement were permitted up to a maximum amount of $400,000 , which the Company voluntarily reduced to $300,000 effective as of April 16, 2015, and includes up to $25,000 of swing-line loans and $25,000 of letters of credit. The Company voluntarily reduced the unused commitment of our Credit Agreement by $100,000 in order to reduce our commitment fee costs associated with the unused portion of the line. The Credit Agreement may be increased by the Company up to an additional $100,000 with the approval of the lenders and may be unilaterally and permanently reduced by the Company to not less than the then outstanding amount of all borrowings. Interest on outstanding indebtedness under the Credit Agreement accrues, at the Company’s option, at a rate based on either: (a) the greater of (i) the prime rate per annum of the agent then in effect and (ii) 0.50% plus the rate per annum announced by the Federal Reserve Bank of New York as being the weighted-average of the rates on overnight Federal funds transactions arranged by Federal funds brokers on the previous trading day, in each case plus 0% to 0.75% (determined by a leverage ratio based on the Company’s consolidated Earnings Before Interest, Taxes, Depreciation and Amortization ("EBITDA")) or (b) a rate per annum equal to the LIBOR rate plus 0.875% to 1.750% (determined by a leverage ratio based on the Company’s consolidated EBITDA). The Credit Agreement requires the Company to maintain compliance with certain non-financial and financial covenants such as leverage and fixed-charge coverage ratios. As of December 31, 2015 , the Company was in compliance with all covenants under the Credit Agreement. The maximum amount of debt outstanding under the Credit Agreement, the weighted-average balance outstanding under the Credit Agreement and the weighted-average interest rate on all outstanding debt for the three-months ended December 31, 2015 was $174,075 , $160,750 and 2.1% , respectively, compared to $206,930 , $190,199 and 1.7% , respectively, for the three-months ended December 31, 2014 . The maximum amount of debt outstanding under the Credit Agreement, the weighted-average balance outstanding under the Credit Agreement and the weighted-average interest rate on all outstanding debt for the nine -months ended December 31, 2015 was $183,050 , $164,558 and 2.0% , respectively, compared to $206,930 , $184,406 and 1.6% , respectively, for the nine -months ended December 31, 2014 . As of December 31, 2015 , the Company had $4,450 outstanding in letters of credit and $167,725 in unused commitments, which are limited by a financial covenant, under the Credit Agreement.

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	9 Months Ended
	Dec. 26, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities	Derivative Instruments and Hedging Activities The Company is exposed to certain market risks, including the effect of changes in foreign currency exchange rates and interest rates. The Company uses derivative instruments to manage financial exposures that occur in the normal course of business. It does not hold or issue derivatives for speculative trading purposes. The Company is exposed to non-performance risk from the counterparties in its derivative instruments. This risk would be limited to any unrealized gains on current positions. To help mitigate this risk, the Company transacts only with counterparties that are rated as investment grade or higher and all counterparties are monitored on a continuous basis. The fair value of the Company’s derivatives reflects this credit risk. Foreign currency contracts The Company enters into foreign currency contracts to hedge exposure to variability in expected fluctuations in foreign currencies. All of the foreign currency contracts have been designated and qualify as cash flow hedges. The effective portion of any changes in the fair value of the derivative instruments is recorded in Accumulated Other Comprehensive Income ("AOCI") until the hedged forecasted transaction occurs or the recognized currency transaction affects earnings. Once the forecasted transaction occurs or the recognized currency transaction affects earnings, the effective portion of any related gains or losses on the cash flow hedge is reclassified from AOCI to the Company’s Consolidated Statements of Operations. As of December 31, 2015 , the Company had open contracts in Australian and Canadian dollars, Danish krone, Euros, Mexican pesos, Norwegian kroner, British pounds sterling, Swedish krona, Swiss francs and Japanese yen, all of which have been designated as cash flow hedges. These contracts had a notional amount of $49,452 and will expire within 11 months. There was no hedge ineffectiveness during Fiscal 2016 or Fiscal 2015 . Interest-rate Swaps On November 15, 2011 , the Company entered into a three -year floating-to-fixed interest-rate swap, with an effective start date of July 26, 2012 , which was based on a three -month LIBOR rate versus a 1.25% fixed rate, had a notional value of $125,000 and terminated on July 26, 2015. As a result of reduced debt levels and expected continued low interest rates, the Company did not replace this swap. This interest-rate swap did not qualify for hedge accounting and is hereinafter referred to as the "interest-rate swap." The following tables summarize the carrying amounts of derivative asset/liability and the impact on the Company's Consolidated Statements of Operations: Asset Derivatives Liability Derivatives Classification December 31, March 31, December 31, March 31, Derivatives designated as hedging instruments Foreign currency contracts Other liabilities (current) $ 1,073 $ 4,959 Foreign currency contracts Other assets (current) $ 168 $ 402 Derivatives not designated as hedging instruments Interest-rate swaps Other liabilities (non-current) $ — $ 400 Three-months ended Nine-months ended December 31 December 31 Classification 2015 2014 2015 2014 Derivatives designated as hedging instruments Gain (loss) recognized in other comprehensive income (effective portion), net of taxes Other comprehensive income $ (196 ) $ (92 ) $ (420 ) $ (120 ) Amounts reclassified from AOCI into results of operations (effective portion), net of taxes Selling, general & administrative expenses $ 59 $ 186 $ 334 $ 331 Derivatives not designated as hedging instruments Gain (loss) recognized in results of operations Interest expense (income), net $ — $ 291 $ 399 $ 837

Fair Value Disclosures

Fair Value Disclosures	9 Months Ended
	Dec. 26, 2015
Fair Value Disclosures [Abstract]
Fair Value Disclosures	Fair Value Disclosures Recurring fair value measurements The following table presents information about the Company’s assets and liabilities measured at fair value on a recurring basis as of December 31, 2015 , and indicates the fair value hierarchy of the valuation techniques utilized by the Company to determine such fair value: Level 1 Level 2 Level 3 Total Assets at Fair Value Defined benefit pension plan assets (1) $ 12,950 $ 22,721 $ — $ 35,671 Foreign currency contracts $ — $ 168 $ — $ 168 Total Assets at Fair Value $ 12,950 $ 22,889 $ — $ 35,839 Liabilities at Fair Value Foreign currency contracts $ — $ 1,073 $ — $ 1,073 Interest-rate swap $ — $ — $ — $ — Total Liabilities at Fair Value $ — $ 1,073 $ — $ 1,073 (1) The fair value of pension plan assets is measured annually, thus this value is as of March 31, 2015 . Non-recurring fair value measurements The Company's assets and liabilities that are measured at fair value on a non-recurring basis include non-financial assets and liabilities initially measured at fair value in a business combination and Goodwill.

Stockholder's Equity

Stockholder's Equity	9 Months Ended
	Dec. 26, 2015
Stockholders' Equity Note [Abstract]
Stockholder's Equity	Stockholder's Equity Accumulated Other Comprehensive Income The components of AOCI consisted of the following for the periods presented: December 31, 2015 March 31, 2015 Foreign currency translation adjustment $ (780 ) $ (858 ) Derivative instruments, net of tax (289 ) (203 ) Defined benefit pension, net of tax (12,131 ) (12,338 ) Accumulated other comprehensive income $ (13,200 ) $ (13,399 ) Dividends The following table presents information about the Company's dividend program: Period Record Date Payment Date Rate Aggregate Value 3Q16 December 24, 2015 January 8, 2016 $ 0.11 $ 1,694 2Q16 September 25, 2015 October 9, 2015 $ 0.11 $ 1,692 1Q16 June 26, 2015 July 10, 2015 $ 0.11 $ 1,691 4Q15 March 31, 2015 April 15, 2015 $ 0.10 $ 1,537 3Q15 December 26, 2014 January 9, 2015 $ 0.10 $ 1,536 2Q15 September 26, 2014 October 10, 2014 $ 0.10 $ 1,544 1Q15 June 27, 2014 July 11, 2014 $ 0.10 $ 1,554 While the Company expects to continue to declare quarterly dividends, the payment of future dividends is at the discretion of the Company's Board of Directors (the "Board") and the timing and amount of any future dividends will depend upon earnings, cash requirements and the financial condition of the Company. Under the Credit Agreement, the Company is permitted to make distributions or dividends as long as no Event of Default or Potential Default (as defined in the Credit Agreement) shall have occurred and is continuing or shall occur as a result thereof. In addition, no distribution or dividend is permitted under the Credit Agreement if such event would violate a consolidated leverage ratio required to be maintained under the Credit Agreement other than regular quarterly dividends not exceeding $15,000 per year. Common Stock Repurchases The following table presents information about the Company's common stock repurchases: Three-months ended Nine-months ended December 31 December 31 2015 2014 2015 2014 Shares of common stock purchased 3,292 93,126 144,816 359,863 Aggregate purchase price $ 49 $ 2,112 $ 2,844 $ 8,048 Average purchase price $ 14.88 $ 22.68 $ 19.64 $ 22.37 During the nine -month period ended December 31, 2015 , the Company made tax payments of $844 and withheld 43,468 shares of common stock, which were designated as treasury shares, at an average price per share of $19.42 , in order to satisfy employee income taxes due as a result of the vesting of certain restricted stock units. During the nine -month period ended December 31, 2014 , the Company made tax payments of $1,062 and withheld 46,130 shares of common stock, which were designated as treasury shares, at an average price per share of $23.01 , in order to satisfy employee income taxes due as a result of the vesting of certain restricted stock units. Since the inception of its repurchase programs beginning in April 1999 and through December 31, 2015 , the Company has repurchased 10,828,575 shares of common stock for an aggregate purchase price of $402,362 , or an average purchase price per share of $37.16 . These shares do not include the treasury shares withheld for tax payments due upon the vesting of certain restricted stock units and performance shares. As of December 31, 2015 , 671,425 shares were available under the most recent repurchase programs. Additional repurchases of common stock may occur from time to time depending upon factors such as the Company’s cash flows and general market conditions. There can be no assurance as to the timing or amount of such repurchases. Under the Credit Agreement, the Company is permitted to repurchase its common stock as long as no Event of Default or Potential Default (as defined in the Credit Agreement) shall have occurred and is continuing or shall occur as a result thereof. In addition, no repurchase of common stock is permitted under the Credit Agreement if the Company's consolidated leverage ratio (based on EBITDA) exceeds 3.0 . At December 31, 2015 , the Company's leverage ratio was 2.8 .

Income Taxes

Income Taxes	9 Months Ended
	Dec. 26, 2015
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Company's provision for income taxes for the three-months ended December 31, 2015 was $61 , an effective tax rate of 1.1% on income before provision for income taxes of $5,798 , compared to $2,447 , an effective tax rate of 31.7% on income before provision for income taxes of $7,721 for the three-months ended December 31, 2014 . The effective tax rate decrease from 31.7% to 1.1% was primarily due to a decrease in the liability for uncertain tax positions partially offset by write-offs of deferred tax assets associated with equity awards. The Company's benefit from income taxes for the nine -months ended December 31, 2015 was $19,377 , an effective tax rate of 13.6% on loss before benefit for income taxes of $142,731 , compared to a provision for income taxes of $8,618 , an effective tax rate of 41% on income before provision for income taxes of $21,038 for the nine -months ended December 31, 2014 . The effective tax rate decrease from 41.0% to 13.6% was primarily due to the non-deducible portion of the goodwill impairment loss and a decrease in the liability for uncertain tax positions partially offset by write-offs of deferred tax assets associated with equity awards. The effective tax rate for the nine -months ended December 31, 2015 of 13.6% differs from the federal statutory rate primarily due to the non-deducible portion of the goodwill impairment loss. The Company provides for income taxes at the end of each interim period based on the estimated effective tax rate adjusted for certain discrete items for the full fiscal year. Cumulative adjustments to the Company's estimate are recorded in the interim period in which a change in the estimated annual effective rate is determined. Fiscal 2013 through Fiscal 2015 remain open to examination by the Internal Revenue Service ("IRS") and Fiscal 2010 through Fiscal 2015 remain open to examination by certain state and foreign taxing jurisdictions.

Stock-based Compensation

Stock-based Compensation	9 Months Ended
	Dec. 26, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-based Compensation	Stock-based Compensation In August 2008, the Company’s stockholders approved the 2008 Long-Term Incentive Plan, as amended (the "Incentive Plan"), which replaced the 1992 Stock Option Plan, as amended, and the 1992 Director Stock Option Plan, as amended. As of December 31, 2015 , the Incentive Plan is authorized to issue stock options, restricted stock units and performance shares, among other types of awards, for up to 5,670,228 shares of common stock, par value $0.001 per share (the "common stock"). The Company recognized stock-based compensation expense of $1,103 and $1,315 for the three-months ended December 31, 2015 and 2014 , respectively, and $4,251 and $4,909 for the nine -months ended December 31, 2015 and 2014 , respectively. The Company recognized total income tax benefit for stock-based compensation arrangements of $421 and $479 for the three-months ended December 31, 2015 and 2014 , respectively, and $1,622 and $1,790 for the nine -months ended December 31, 2015 and 2014 , respectively. Stock-based compensation expense is recorded in Selling, general & administrative expense within the Company’s Consolidated Statements of Operations. Stock options Stock option awards are granted with an exercise price equal to the closing market price of the common stock on the date of grant; such stock options generally become exercisable in equal amounts over a three -year period and have a contractual life of ten -years from the grant date. The fair value of stock options is estimated on the grant date using the Black-Scholes option pricing model, which includes the following weighted-average assumptions. Nine-months ended December 31 2015 2014 Expected life (in years) 7.5 7.7 Risk free interest rate 2.0 % 2.3 % Annual forfeiture rate 1.5 % 1.5 % Expected Volatility 43.9 % 45.1 % Dividend yield 1.8 % 1.3 % The following table summarizes the Company’s stock option activity: Shares (in 000’s) Weighted-Average Exercise Price Weighted-Average Remaining Contractual Life (Years) Intrinsic Value (000’s) Outstanding at March 31, 2015 1,844 $ 31.65 Granted 160 19.51 Exercised — — Forfeited or cancelled (731 ) 35.52 Outstanding at December 31, 2015 1,273 $ 27.90 4.3 $ — Exercisable at December 31, 2015 992 $ 29.83 3.1 $ — The weighted-average grant-date fair value of options granted during the nine -months ended December 31, 2015 and 2014 was $7.79 and $9.59 , respectively. The intrinsic value of options exercised during the nine -months ended December 31, 2015 and 2014 was $0 and $0 , respectively. The aggregate intrinsic value in the preceding table is based on the closing stock price of the common stock on December 24, 2015 , which was $9.45 . The following table summarizes certain information regarding the Company’s non-vested stock options: Shares (in 000’s) Weighted-Average Grant-Date Fair Value March 31, 2015 290 $ 9.68 Granted 160 7.79 Vested (135 ) 9.62 Forfeited (34 ) 9.74 December 31, 2015 281 $ 8.63 As of December 31, 2015 , there was $1,620 of total unrecognized pre-tax stock-based compensation expense related to non-vested stock options, which is expected to be recognized over a weighted-average period of 1.8 years. Restricted stock units Restricted stock unit awards are subject to a service condition and typically vest in equal amounts over a three -year period from the grant date. The fair value of restricted stock units is determined based on the number of restricted stock units granted and the closing market price of the common stock on the date of grant. The following table summarizes the Company’s restricted stock unit activity: Shares (in 000’s) Weighted-Average Grant-Date Fair Value March 31, 2015 262 $ 23.34 Granted 170 19.53 Vested (162 ) 22.64 Forfeited (27 ) 22.83 December 31, 2015 243 $ 21.20 The total fair value of shares that vested during the nine -months ended December 31, 2015 and 2014 was $3,143 and $3,771 , respectively. As of December 31, 2015 , there was $2,745 of total unrecognized pre-tax stock-based compensation expense related to non-vested restricted stock units, which is expected to be recognized over a weighted-average period of 1.8 years. Performance share awards Performance share awards are subject to one of the performance goals - the Company's Relative Total Shareholder Return ("TSR") Ranking or cumulative Adjusted EBITDA - each over a three -year period. The Company’s Relative TSR Ranking metric is based on the three-year cumulative return to stockholders from the change in stock price and dividends paid between the starting and ending dates. The fair value of performance share awards (subject to cumulative Adjusted EBITDA) is determined based on the number of performance shares granted and the closing market price of the common stock on the date of grant. The fair value of performance share awards (subject to the Company’s Relative TSR Ranking) is estimated on the grant date using the Monte-Carlo simulation valuation method which includes the following weighted-average assumptions. Nine-months ended December 31 2015 2014 Risk free interest rate 0.9 % 0.8 % Expected Volatility 39.9 % 44.7 % Dividend yield 2.0 % 1.3 % The following table summarizes the Company’s performance share award activity: Shares (in 000’s) Weighted-Average Grant-Date Fair Value March 31, 2015 275 $ 24.69 Granted 106 19.56 Vested — — Forfeited (121 ) 23.53 December 31, 2015 260 $ 23.14 The total fair value of shares that vested during the nine -months ended December 31, 2015 and 2014 was $0 and $0 , respectively. As of December 31, 2015 , there was $1,369 of total unrecognized pre-tax stock-based compensation expense related to non-vested performance share awards, which is expected to be recognized over a weighted-average period of 1.8 years.

Earnings (loss) Per Share

Earnings (loss) Per Share	9 Months Ended
	Dec. 26, 2015
Earnings Per Share [Abstract]
Earnings (loss) Per Share	Earnings (loss) Per Share The following table details the computation of basic and diluted earnings (loss) per common share from continuing operations for the periods presented (share numbers in table in thousands): Three-months ended Nine-months ended December 31 December 31 2015 2014 2015 2014 Net income (loss) $ 5,737 $ 5,274 $ (123,354 ) $ 12,420 Weighted-average common shares outstanding (basic) 15,379 15,392 15,343 15,439 Effect of dilutive securities from equity awards 6 62 — 62 Weighted-average common shares outstanding (diluted) 15,385 15,454 15,343 15,501 Basic earnings (loss) per common share $ 0.37 $ 0.34 $ (8.04 ) $ 0.80 Dilutive earnings (loss) per common share $ 0.37 $ 0.34 $ (8.04 ) $ 0.80 The Weighted-average common shares outstanding (diluted) computation is not impacted during any period where the exercise price of a stock option is greater than the average market price. There were 1,592,214 and 1,882,003 non-dilutive equity awards outstanding for the three-months ended December 31, 2015 and 2014 , respectively, and 1,592,214 and 1,885,103 non-dilutive equity awards outstanding for the nine -months ended December 31, 2015 and 2014 , respectively, that are not included in the corresponding period Weighted-average common shares outstanding (diluted) computation.

Segment Information

Segment Information	9 Months Ended
	Dec. 26, 2015
Segment Reporting [Abstract]
Segment Information	Segment Information The Company conducts business globally and is managed on a geographic-service type basis consisting of four operating segments which are (i) North America Products, (ii) North America Services, (iii) International Products and (iv) International Services. These operating segments are also the Company's reporting units for purposes of testing goodwill for impairment and its reporting segments for financial reporting purposes. Revenues within our North America segments are primarily attributed to the United States while revenues within our International segments are attributed to countries in Europe, the Pacific Rim and Latin America. The accounting policies of the operating segments are the same as those of the Company. The Company allocates resources to its operating segments and evaluates the performance of the operating segments based upon operating income. The financial results for the Company's reporting segments are as follows: North America Products North America Services International Products International Services Total 3Q16 Revenues $ 20,130 $ 172,633 $ 21,802 $ 7,916 $ 222,481 Gross profit 9,092 49,607 9,154 1,776 69,629 Operating income (loss) 726 3,895 1,965 490 7,076 Depreciation expense 367 1,614 162 43 2,186 Intangibles amortization — 2,603 — — 2,603 Goodwill impairment loss — — — — — Capital Expenditures 1,553 1,810 150 113 3,626 Assets (as of December 31) 72,436 400,202 36,301 19,473 528,412 3Q15 Revenues 21,833 198,377 24,783 8,301 253,294 Gross profit 8,693 55,815 9,993 2,294 76,795 Operating income (loss) 701 6,915 583 804 9,003 Depreciation expense 552 985 168 44 1,749 Intangibles amortization — 2,647 — — 2,647 Goodwill impairment loss — — — — — Capital Expenditures 893 1,626 297 28 2,844 Assets (as of December 31) 95,646 549,430 47,169 27,584 719,829 3QYTD16 Revenues 65,294 540,114 61,418 21,707 688,533 Gross profit 28,874 151,737 24,992 5,083 210,686 Operating income (loss) (21,198 ) (108,696 ) (2,813 ) (5,926 ) (138,633 ) Depreciation expense 1,079 4,568 493 134 6,274 Intangibles amortization — 7,820 — — 7,820 Goodwill impairment loss 25,211 119,547 5,348 7,166 157,272 Capital Expenditures 3,794 3,437 671 222 8,124 Assets (as of December 31) 72,436 400,202 36,301 19,473 528,412 3QYTD15 Revenues 64,727 590,161 69,657 22,848 747,393 Gross profit 26,335 164,494 28,905 5,999 225,733 Operating income (loss) 2,790 19,772 634 1,421 24,617 Depreciation expense 1,643 2,864 514 122 5,143 Intangibles amortization — 7,937 — 3 7,940 Goodwill impairment loss — — — — — Capital Expenditures 1,860 3,909 526 71 6,366 Assets (as of December 31) 95,646 549,430 47,169 27,584 719,829

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Dec. 26, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies The Company is subject to unclaimed or abandoned property (escheat) laws which require it to turn over to state governmental authorities the property of others held by the Company that has been unclaimed for specified periods of time. Property held by the Company subject to escheat laws primarily includes accounts payable, payroll checks and trade accounts receivable credits. The Company participated in voluntary disclosure programs in all 50 states within the United States and the District of Columbia in an effort to voluntarily comply with state abandoned property laws and settle past due unclaimed property obligations. The Company completed the programs and settled with 49 states and the District of Columbia which resulted in an immaterial charge to the consolidated financial statements during the fiscal year ended March 31, 2014. On May 22, 2013, the Company entered into Delaware’s Voluntary Disclosure Agreement Program in order to voluntarily comply with Delaware’s abandoned property law in exchange for certain protections and benefits. Since that time, the Company has worked in good faith to complete a review of its books and records related to unclaimed or abandoned property during the periods required under the program. The Voluntary Disclosure Agreement had an original expiration date of June 30, 2015 which was initially extended for six months to December 30, 2015 which was subsequently verbally extended by Delaware. The Company expects a formal extension, along with an extension date, during 4Q16. The Company will continue to examine its options regarding the escheat laws of Delaware including completing Delaware’s Voluntary Disclosure Agreement Program or proceeding to audit, as well as to pursue any indemnification claims the Company may have from a third party with respect to such liability. Amounts incurred and paid to resolve past due unclaimed property obligations in Delaware could have a material adverse effect on the Company’s results of operations and cash flows. The Company is involved in, or has pending, various legal proceedings, claims, suits and complaints arising out of the normal course of business. Based on the facts currently available to the Company, Management believes these matters are adequately provided for, covered by insurance, without merit or not probable that an unfavorable material outcome will result. There has been no other significant or unusual activity during Fiscal 2016 .

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Dec. 26, 2015
Inventory Disclosure [Abstract]
Schedule of Inventories	The Company’s Inventories consist of the following: December 31, 2015 March 31, 2015 Raw materials $ 1,953 $ 1,674 Finished goods 61,683 69,387 Inventory, gross 63,636 71,061 Excess and obsolete inventory reserves (15,130 ) (16,624 ) Inventories, net $ 48,506 $ 54,437

Goodwill (Tables)

Goodwill (Tables)	9 Months Ended
	Dec. 26, 2015
Goodwill [Abstract]
Schedule of Goodwill	The following table summarizes Goodwill at the Company’s reporting segments: North America Products North America Services International Products International Services Total Goodwill (gross) at March 31, 2015 $ 79,745 $ 506,271 $ 39,217 $ 38,171 $ 663,404 Accumulated impairment losses at March 31, 2015 (42,845 ) (364,036 ) (33,883 ) (31,462 ) (472,226 ) Goodwill (net) at March 31, 2015 $ 36,900 $ 142,235 $ 5,334 $ 6,709 $ 191,178 Foreign currency translation adjustment 1 (1 ) 14 457 471 Goodwill impairment loss (25,211 ) (119,547 ) (5,348 ) (7,166 ) (157,272 ) Goodwill (gross) at December 31, 2015 $ 79,746 $ 506,270 $ 39,231 $ 38,628 $ 663,875 Accumulated impairment losses at December 31, 2015 (68,056 ) (483,583 ) (39,231 ) (38,628 ) (629,498 ) Goodwill (net) at December 31, 2015 $ 11,690 $ 22,687 $ — $ — $ 34,377

Intangible Assets (Tables)

Intangible Assets (Tables)	9 Months Ended
	Dec. 26, 2015
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Schedule of Definite-lived and Indefinite-lived Intangible Assets	The following table summarizes the gross carrying amount, accumulated amortization and net carrying amount by intangible asset class: December 31, 2015 March 31, 2015 Gross Carrying Amount (1) Accum. Amort. (1) Net Carrying Amount Gross Carrying Amount Accum. Amort. Net Carrying Amount Definite-lived Non-compete agreements $ 2,263 $ 2,115 $ 148 $ 11,901 $ 11,548 $ 353 Customer relationships 121,406 69,086 52,320 137,267 77,988 59,279 Backlog 3,489 3,416 73 20,838 20,111 727 Total $ 127,158 $ 74,617 $ 52,541 $ 170,006 $ 109,647 $ 60,359 Indefinite-lived Trademarks 35,992 8,253 27,739 35,992 8,253 27,739 Total $ 163,150 $ 82,870 $ 80,280 $ 205,998 $ 117,900 $ 88,098 (1) Reflects the write-off of fully amortized non-compete agreements, customer relationships and backlog during the three-month period ending December 26, 2015 .
Schedule of Changes in Net Carrying Amounts of Intangible Assets	The following table summarizes the changes to the net carrying amounts by intangible asset class: Trademarks Non-Competes and Backlog Customer relationships Total March 31, 2015 $ 27,739 $ 1,080 $ 59,279 $ 88,098 Intangibles Amortization — (861 ) (6,959 ) (7,820 ) Foreign currency translation adjustment — 2 — 2 December 31, 2015 $ 27,739 $ 221 $ 52,320 $ 80,280
Schedule of Expected Amortization Expense	The following table details the estimated intangibles amortization expense for the remainder of Fiscal 2016 , each of the succeeding four fiscal years and the periods thereafter. Fiscal 2016 $ 2,455 2017 8,885 2018 7,428 2019 6,446 2020 5,951 Thereafter 21,376 Total $ 52,541

Indebtedness (Tables)

Indebtedness (Tables)	9 Months Ended
	Dec. 26, 2015
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments	The Company’s Long-term debt consists of the following: December 31, 2015 March 31, 2015 Revolving credit agreement $ 127,825 $ 136,000 Other 1,916 2,132 Total debt $ 129,741 $ 138,132 Less: current portion (included in Other liabilities) (1,090 ) (865 ) Long-term debt $ 128,651 $ 137,267

Derivative Instruments and He26

Derivative Instruments and Hedging Activities (Tables)	9 Months Ended
	Dec. 26, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments and Impact on Statements of Operations	The following tables summarize the carrying amounts of derivative asset/liability and the impact on the Company's Consolidated Statements of Operations: Asset Derivatives Liability Derivatives Classification December 31, March 31, December 31, March 31, Derivatives designated as hedging instruments Foreign currency contracts Other liabilities (current) $ 1,073 $ 4,959 Foreign currency contracts Other assets (current) $ 168 $ 402 Derivatives not designated as hedging instruments Interest-rate swaps Other liabilities (non-current) $ — $ 400 Three-months ended Nine-months ended December 31 December 31 Classification 2015 2014 2015 2014 Derivatives designated as hedging instruments Gain (loss) recognized in other comprehensive income (effective portion), net of taxes Other comprehensive income $ (196 ) $ (92 ) $ (420 ) $ (120 ) Amounts reclassified from AOCI into results of operations (effective portion), net of taxes Selling, general & administrative expenses $ 59 $ 186 $ 334 $ 331 Derivatives not designated as hedging instruments Gain (loss) recognized in results of operations Interest expense (income), net $ — $ 291 $ 399 $ 837

Fair Value Disclosures (Tables)

Fair Value Disclosures (Tables)	9 Months Ended
	Dec. 26, 2015
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The following table presents information about the Company’s assets and liabilities measured at fair value on a recurring basis as of December 31, 2015 , and indicates the fair value hierarchy of the valuation techniques utilized by the Company to determine such fair value: Level 1 Level 2 Level 3 Total Assets at Fair Value Defined benefit pension plan assets (1) $ 12,950 $ 22,721 $ — $ 35,671 Foreign currency contracts $ — $ 168 $ — $ 168 Total Assets at Fair Value $ 12,950 $ 22,889 $ — $ 35,839 Liabilities at Fair Value Foreign currency contracts $ — $ 1,073 $ — $ 1,073 Interest-rate swap $ — $ — $ — $ — Total Liabilities at Fair Value $ — $ 1,073 $ — $ 1,073 (1) The fair value of pension plan assets is measured annually, thus this value is as of March 31, 2015 .

Stockholder's Equity (Tables)

Stockholder's Equity (Tables)	9 Months Ended
	Dec. 26, 2015
Stockholders' Equity Note [Abstract]
Schedule of Accumulated Other Comprehensive Income	The components of AOCI consisted of the following for the periods presented: December 31, 2015 March 31, 2015 Foreign currency translation adjustment $ (780 ) $ (858 ) Derivative instruments, net of tax (289 ) (203 ) Defined benefit pension, net of tax (12,131 ) (12,338 ) Accumulated other comprehensive income $ (13,200 ) $ (13,399 )
Schedule of Dividends	The following table presents information about the Company's dividend program: Period Record Date Payment Date Rate Aggregate Value 3Q16 December 24, 2015 January 8, 2016 $ 0.11 $ 1,694 2Q16 September 25, 2015 October 9, 2015 $ 0.11 $ 1,692 1Q16 June 26, 2015 July 10, 2015 $ 0.11 $ 1,691 4Q15 March 31, 2015 April 15, 2015 $ 0.10 $ 1,537 3Q15 December 26, 2014 January 9, 2015 $ 0.10 $ 1,536 2Q15 September 26, 2014 October 10, 2014 $ 0.10 $ 1,544 1Q15 June 27, 2014 July 11, 2014 $ 0.10 $ 1,554
Schedule of Common Stock Repurchases	The following table presents information about the Company's common stock repurchases: Three-months ended Nine-months ended December 31 December 31 2015 2014 2015 2014 Shares of common stock purchased 3,292 93,126 144,816 359,863 Aggregate purchase price $ 49 $ 2,112 $ 2,844 $ 8,048 Average purchase price $ 14.88 $ 22.68 $ 19.64 $ 22.37

Stock-based Compensation (Table

Stock-based Compensation (Tables)	9 Months Ended
	Dec. 26, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Stock Options, Valuation Assumptions	The fair value of stock options is estimated on the grant date using the Black-Scholes option pricing model, which includes the following weighted-average assumptions. Nine-months ended December 31 2015 2014 Expected life (in years) 7.5 7.7 Risk free interest rate 2.0 % 2.3 % Annual forfeiture rate 1.5 % 1.5 % Expected Volatility 43.9 % 45.1 % Dividend yield 1.8 % 1.3 %
Schedule of Stock Options, Activity	The following table summarizes the Company’s stock option activity: Shares (in 000’s) Weighted-Average Exercise Price Weighted-Average Remaining Contractual Life (Years) Intrinsic Value (000’s) Outstanding at March 31, 2015 1,844 $ 31.65 Granted 160 19.51 Exercised — — Forfeited or cancelled (731 ) 35.52 Outstanding at December 31, 2015 1,273 $ 27.90 4.3 $ — Exercisable at December 31, 2015 992 $ 29.83 3.1 $ —
Schedule of Stock Options, Nonvested Share Activity	The following table summarizes certain information regarding the Company’s non-vested stock options: Shares (in 000’s) Weighted-Average Grant-Date Fair Value March 31, 2015 290 $ 9.68 Granted 160 7.79 Vested (135 ) 9.62 Forfeited (34 ) 9.74 December 31, 2015 281 $ 8.63
Schedule of Restricted Stock Units, Activity	The following table summarizes the Company’s restricted stock unit activity: Shares (in 000’s) Weighted-Average Grant-Date Fair Value March 31, 2015 262 $ 23.34 Granted 170 19.53 Vested (162 ) 22.64 Forfeited (27 ) 22.83 December 31, 2015 243 $ 21.20
Schedule of Performance Share Units, Valuation Assumptions	The fair value of performance share awards (subject to the Company’s Relative TSR Ranking) is estimated on the grant date using the Monte-Carlo simulation valuation method which includes the following weighted-average assumptions. Nine-months ended December 31 2015 2014 Risk free interest rate 0.9 % 0.8 % Expected Volatility 39.9 % 44.7 % Dividend yield 2.0 % 1.3 %
Schedule of Performance Share Units, Activity	The following table summarizes the Company’s performance share award activity: Shares (in 000’s) Weighted-Average Grant-Date Fair Value March 31, 2015 275 $ 24.69 Granted 106 19.56 Vested — — Forfeited (121 ) 23.53 December 31, 2015 260 $ 23.14

Earnings (loss) Per Share (Tabl

Earnings (loss) Per Share (Tables)	9 Months Ended
	Dec. 26, 2015
Earnings Per Share [Abstract]
Schedule of Earnings (Loss) Per Share, Basic and Diluted	The following table details the computation of basic and diluted earnings (loss) per common share from continuing operations for the periods presented (share numbers in table in thousands): Three-months ended Nine-months ended December 31 December 31 2015 2014 2015 2014 Net income (loss) $ 5,737 $ 5,274 $ (123,354 ) $ 12,420 Weighted-average common shares outstanding (basic) 15,379 15,392 15,343 15,439 Effect of dilutive securities from equity awards 6 62 — 62 Weighted-average common shares outstanding (diluted) 15,385 15,454 15,343 15,501 Basic earnings (loss) per common share $ 0.37 $ 0.34 $ (8.04 ) $ 0.80 Dilutive earnings (loss) per common share $ 0.37 $ 0.34 $ (8.04 ) $ 0.80

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Dec. 26, 2015
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	The financial results for the Company's reporting segments are as follows: North America Products North America Services International Products International Services Total 3Q16 Revenues $ 20,130 $ 172,633 $ 21,802 $ 7,916 $ 222,481 Gross profit 9,092 49,607 9,154 1,776 69,629 Operating income (loss) 726 3,895 1,965 490 7,076 Depreciation expense 367 1,614 162 43 2,186 Intangibles amortization — 2,603 — — 2,603 Goodwill impairment loss — — — — — Capital Expenditures 1,553 1,810 150 113 3,626 Assets (as of December 31) 72,436 400,202 36,301 19,473 528,412 3Q15 Revenues 21,833 198,377 24,783 8,301 253,294 Gross profit 8,693 55,815 9,993 2,294 76,795 Operating income (loss) 701 6,915 583 804 9,003 Depreciation expense 552 985 168 44 1,749 Intangibles amortization — 2,647 — — 2,647 Goodwill impairment loss — — — — — Capital Expenditures 893 1,626 297 28 2,844 Assets (as of December 31) 95,646 549,430 47,169 27,584 719,829 3QYTD16 Revenues 65,294 540,114 61,418 21,707 688,533 Gross profit 28,874 151,737 24,992 5,083 210,686 Operating income (loss) (21,198 ) (108,696 ) (2,813 ) (5,926 ) (138,633 ) Depreciation expense 1,079 4,568 493 134 6,274 Intangibles amortization — 7,820 — — 7,820 Goodwill impairment loss 25,211 119,547 5,348 7,166 157,272 Capital Expenditures 3,794 3,437 671 222 8,124 Assets (as of December 31) 72,436 400,202 36,301 19,473 528,412 3QYTD15 Revenues 64,727 590,161 69,657 22,848 747,393 Gross profit 26,335 164,494 28,905 5,999 225,733 Operating income (loss) 2,790 19,772 634 1,421 24,617 Depreciation expense 1,643 2,864 514 122 5,143 Intangibles amortization — 7,937 — 3 7,940 Goodwill impairment loss — — — — — Capital Expenditures 1,860 3,909 526 71 6,366 Assets (as of December 31) 95,646 549,430 47,169 27,584 719,829

Business and Basis of Present32

Business and Basis of Presentation (Details)	9 Months Ended
	Dec. 26, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of weeks in a fiscal quarter (expressed as number of days)	91 days

Inventories (Details)

Inventories (Details) - USD ($) $ in Thousands	Dec. 26, 2015	Mar. 31, 2015
Inventory Disclosure [Abstract]
Raw materials	$ 1,953	$ 1,674
Finished goods	61,683	69,387
Inventory, gross	63,636	71,061
Excess and obsolete inventory reserves	(15,130)	(16,624)
Inventories, net	$ 48,506	$ 54,437

Goodwill (Details)

Goodwill (Details) - USD ($)	3 Months Ended		6 Months Ended	9 Months Ended
	Dec. 26, 2015	Dec. 27, 2014	Sep. 26, 2015	Dec. 26, 2015	Dec. 27, 2014	Sep. 25, 2015	Mar. 31, 2015
Goodwill [Roll Forward]
Goodwill (gross), beginning			$ 663,404,000	$ 663,404,000
Accumulated impairment losses, beginning			(472,226,000)	(472,226,000)
Goodwill (net), beginning			191,178,000	191,178,000
Foreign currency translation adjustment				471,000
Goodwill (gross), ending	$ 663,875,000			663,875,000
Accumulated impairment losses, ending	(629,498,000)			(629,498,000)
Goodwill (net), ending	34,377,000			34,377,000
Goodwill impairment loss	0	$ 0	157,272,000	157,272,000	$ 0
Market capitalization						$ 219,945,388
Operating Segments [Member] | North America Products [Member]
Goodwill [Roll Forward]
Goodwill (gross), beginning			79,745,000	79,745,000
Accumulated impairment losses, beginning			(42,845,000)	(42,845,000)
Goodwill (net), beginning			36,900,000	36,900,000
Foreign currency translation adjustment				1,000
Goodwill (gross), ending	79,746,000			79,746,000
Accumulated impairment losses, ending	(68,056,000)			(68,056,000)
Goodwill (net), ending	11,690,000			11,690,000
Excess of fair value over adjusted carrying value	24,442,000	23,061,000	23,599,000	24,442,000	23,061,000
Effect on fair value of reporting units of 100 basis point increase in WACC			5,732,000	5,783,000
Goodwill impairment loss	0	0	25,211,000	25,211,000	0
Operating Segments [Member] | North America Services [Member]
Goodwill [Roll Forward]
Goodwill (gross), beginning			506,271,000	506,271,000
Accumulated impairment losses, beginning			(364,036,000)	(364,036,000)
Goodwill (net), beginning			142,235,000	142,235,000
Foreign currency translation adjustment				(1,000)
Goodwill (gross), ending	506,270,000			506,270,000
Accumulated impairment losses, ending	(483,583,000)			(483,583,000)
Goodwill (net), ending	22,687,000			22,687,000
Excess of fair value over adjusted carrying value	6,622,000	$ 68,364,000	6,303,000	6,622,000	$ 68,364,000
Effect on fair value of reporting units of 100 basis point increase in WACC			17,453,000	17,576,000
Excess of fair value over adjusted carrying value (percent)		31.00%			31.00%
Goodwill impairment loss	0	$ 0	119,547,000	119,547,000	$ 0
Operating Segments [Member] | International Products [Member]
Goodwill [Roll Forward]
Goodwill (gross), beginning			39,217,000	39,217,000
Accumulated impairment losses, beginning			(33,883,000)	(33,883,000)
Goodwill (net), beginning			5,334,000	5,334,000
Foreign currency translation adjustment				14,000
Goodwill (gross), ending	39,231,000			39,231,000
Accumulated impairment losses, ending	(39,231,000)			(39,231,000)
Goodwill (net), ending	0			0
Excess of fair value over adjusted carrying value		14,839,000			14,839,000
Goodwill impairment loss	0	0	5,348,000	5,348,000	0
Operating Segments [Member] | International Services [Member]
Goodwill [Roll Forward]
Goodwill (gross), beginning			38,171,000	38,171,000
Accumulated impairment losses, beginning			(31,462,000)	(31,462,000)
Goodwill (net), beginning			6,709,000	6,709,000
Foreign currency translation adjustment				457,000
Goodwill (gross), ending	38,628,000			38,628,000
Accumulated impairment losses, ending	(38,628,000)			(38,628,000)
Goodwill (net), ending	0			0
Excess of fair value over adjusted carrying value		1,411,000			1,411,000
Goodwill impairment loss	$ 0	$ 0	$ 7,166,000	$ 7,166,000	$ 0
Pro Forma [Member] | Operating Segments [Member] | North America Services [Member]
Goodwill [Roll Forward]
Excess of fair value over adjusted carrying value							$ 14,963,000
Excess of fair value over adjusted carrying value (percent)							7.00%

Intangible Assets (Details)

Intangible Assets (Details) - USD ($) $ in Thousands	Dec. 26, 2015		Mar. 31, 2015
Intangible Assets (Excluding Goodwill) [Line Items]
Definite-lived intangible assets, gross carrying amount	$ 127,158	[1]	$ 170,006
Definite-lived intangible assets, accumulated amortization	74,617	[1]	109,647
Definite-llved intangible assets, net carrying amount	52,541		60,359
Total intangible assets, gross carrying amount	163,150		205,998
Total intangible assets, accumulated amortization	82,870		117,900
Total intangible assets, net carrying amount	80,280		88,098
Non-compete agreements [Member]
Intangible Assets (Excluding Goodwill) [Line Items]
Definite-lived intangible assets, gross carrying amount	2,263	[1]	11,901
Definite-lived intangible assets, accumulated amortization	2,115	[1]	11,548
Definite-llved intangible assets, net carrying amount	148		353
Customer relationships [Member]
Intangible Assets (Excluding Goodwill) [Line Items]
Definite-lived intangible assets, gross carrying amount	121,406	[1]	137,267
Definite-lived intangible assets, accumulated amortization	69,086	[1]	77,988
Definite-llved intangible assets, net carrying amount	52,320		59,279
Total intangible assets, net carrying amount	52,320		59,279
Acquired backlog [Member]
Intangible Assets (Excluding Goodwill) [Line Items]
Definite-lived intangible assets, gross carrying amount	3,489	[1]	20,838
Definite-lived intangible assets, accumulated amortization	3,416	[1]	20,111
Definite-llved intangible assets, net carrying amount	73		727
Trademarks [Member]
Intangible Assets (Excluding Goodwill) [Line Items]
Indefinite-lived intangible assets, gross carrying amount	35,992		35,992
Indefinite-lived intangible assets, accumulated amortization	8,253		8,253
Indefinite-lived intangible assets, net carrying amount	27,739		27,739
Total intangible assets, net carrying amount	$ 27,739		$ 27,739
[1]	Reflects the write-off of fully amortized non-compete agreements, customer relationships and backlog during the three-month period ending December 26, 2015.

Intangible Assets (Changes in C

Intangible Assets (Changes in Carrying Amount) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 26, 2015	Dec. 27, 2014	Dec. 26, 2015	Dec. 27, 2014
Intangible Assets [Roll Forward]
March 31, 2015			$ 88,098
Intangibles Amortization	$ (2,603)	$ (2,647)	(7,820)	$ (7,940)
Foreign currency translation adjustment			2
December 31, 2015	80,280		80,280
Trademarks [Member]
Intangible Assets [Roll Forward]
March 31, 2015			27,739
Intangibles Amortization			0
Foreign currency translation adjustment			0
December 31, 2015	27,739		27,739
Non-competes and backlogs [Member]
Intangible Assets [Roll Forward]
March 31, 2015			1,080
Intangibles Amortization			(861)
Foreign currency translation adjustment			2
December 31, 2015	221		221
Customer relationships [Member]
Intangible Assets [Roll Forward]
March 31, 2015			59,279
Intangibles Amortization			(6,959)
Foreign currency translation adjustment			0
December 31, 2015	$ 52,320		$ 52,320

Intangible Assets (Expected Fut

Intangible Assets (Expected Future Amortization Expense) (Details) - USD ($) $ in Thousands	Dec. 26, 2015	Mar. 31, 2015
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2,016	$ 2,455
2,017	8,885
2,018	7,428
2,019	6,446
2,020	5,951
Thereafter	21,376
Definite-llved intangible assets, net carrying amount	$ 52,541	$ 60,359

Indebtedness (Long-Term Debt) (

Indebtedness (Long-Term Debt) (Details) - USD ($) $ in Thousands	Dec. 26, 2015	Mar. 31, 2015
Debt Instrument [Line Items]
Debt	$ 129,741	$ 138,132
Less: current portion (included in Other liabilities)	(1,090)	(865)
Long-term debt	128,651	137,267
Revolving credit agreement [Member]
Debt Instrument [Line Items]
Debt	127,825	136,000
Other [Member]
Debt Instrument [Line Items]
Debt	$ 1,916	$ 2,132

Indebtedness (Revolving Credit

Indebtedness (Revolving Credit Agreement) (Details) - USD ($)	Mar. 23, 2012	Dec. 26, 2015	Dec. 27, 2014	Dec. 26, 2015	Dec. 27, 2014	Apr. 16, 2015
Revolving credit agreement [Member]
Revolving Credit Agreement [Line Items]
Maximum borrowing capacity	$ 400,000,000					$ 300,000,000
Reduction in unused commitment of the Credit Agreement						$ 100,000,000
Additional borrowing capacity with the approval of the lenders	$ 100,000,000
Maximum amount outstanding		$ 174,075,000	$ 206,930,000	$ 183,050,000	$ 206,930,000
Weighted-average amount outstanding		$ 160,750,000	$ 190,199,000	$ 164,558,000	$ 184,406,000
Weighted-average interest rate		2.10%	1.70%	2.00%	1.60%
Unused commitments		$ 167,725,000		$ 167,725,000
Revolving credit agreement [Member] | Weighted-average overnight federal fund rates [Member] | Fixed component [Member]
Revolving Credit Agreement [Line Items]
Basis spread on variable rate	0.50%
Revolving credit agreement [Member] | Weighted-average overnight federal fund rates [Member] | Variable component [Member] | Minimum [Member]
Revolving Credit Agreement [Line Items]
Basis spread on variable rate	0.00%
Revolving credit agreement [Member] | Weighted-average overnight federal fund rates [Member] | Variable component [Member] | Maximum [Member]
Revolving Credit Agreement [Line Items]
Basis spread on variable rate	0.75%
Revolving credit agreement [Member] | LIBOR [Member] | Minimum [Member]
Revolving Credit Agreement [Line Items]
Basis spread on variable rate	0.875%
Revolving credit agreement [Member] | LIBOR [Member] | Maximum [Member]
Revolving Credit Agreement [Line Items]
Basis spread on variable rate	1.75%
Swing-line loans [Member]
Revolving Credit Agreement [Line Items]
Maximum borrowing capacity	$ 25,000,000
Letters of credit [Member]
Revolving Credit Agreement [Line Items]
Maximum borrowing capacity	$ 25,000,000
Amount outstanding		$ 4,450,000		$ 4,450,000

Derivative Instruments and He40

Derivative Instruments and Hedging Activities (Details) - USD ($)	Jul. 26, 2012	Dec. 26, 2015
Foreign currency contracts [Member] | Derivatives designated as hedging instruments [Member] | Cash flow hedging [Member]
Derivative [Line Items]
Notional amount		$ 49,452,000
Remaining maturity		11 months
July 2012 Interest-rate Swap [Member] | Interest rate swaps [Member] | Derivatives not designated as hedging instruments [Member]
Derivative [Line Items]
Notional amount	$ 125,000,000
Remaining maturity	3 years
Fixed interest rate	1.25%

Derivative Instruments and He41

Derivative Instruments and Hedging Activities (Effect on Consolidated Balance Sheets) (Details) - USD ($) $ in Thousands	Dec. 26, 2015	Mar. 31, 2015
Derivatives designated as hedging instruments [Member] | Foreign currency contracts [Member] | Other liabilities (current) [Member]
Derivatives, Fair Value [Line Items]
Liability derivatives	$ 1,073	$ 4,959
Derivatives designated as hedging instruments [Member] | Foreign currency contracts [Member] | Other assets (current) [Member]
Derivatives, Fair Value [Line Items]
Asset derivatives	168	402
Derivatives not designated as hedging instruments [Member] | Interest rate swaps [Member] | Other liabilities (current) [Member]
Derivatives, Fair Value [Line Items]
Liability derivatives	$ 0	$ 400

Derivative Instruments and He42

Derivative Instruments and Hedging Activities (Effect on Consolidated Statements of Operations) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 26, 2015	Dec. 27, 2014	Dec. 26, 2015	Dec. 27, 2014
Derivatives designated as hedging instruments [Member] | Foreign currency contracts [Member] | Other comprehensive income [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized in other comprehensive income (effective portion), net of taxes	$ (196)	$ (92)	$ (420)	$ (120)
Derivatives designated as hedging instruments [Member] | Foreign currency contracts [Member] | Selling, general and administrative expenses [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amounts reclassified from AOCI into results of operations (effective portion), net of taxes	59	186	334	331
Derivatives not designated as hedging instruments [Member] | Interest rate swaps [Member] | Interest expense (income), net [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized in results of operations	$ 0	$ 291	$ 399	$ 837

Fair Value Disclosures (Details

Fair Value Disclosures (Details) - USD ($) $ in Thousands		Dec. 26, 2015	Mar. 31, 2015
Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Defined benefit pension plan assets, fair value	[1]	$ 35,671
Derivative asset, fair value		35,839
Derivative liability, fair value		1,073
Recurring [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Defined benefit pension plan assets, fair value	[1]	12,950
Derivative asset, fair value		12,950
Recurring [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Defined benefit pension plan assets, fair value	[1]	22,721
Derivative asset, fair value		22,889
Derivative liability, fair value		1,073
Derivatives designated as hedging instruments [Member] | Recurring [Member] | Foreign currency contracts [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative asset, fair value		168
Derivative liability, fair value		1,073
Derivatives not designated as hedging instruments [Member] | Recurring [Member] | Interest rate swaps [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liability, fair value		0
Other assets (current) [Member] | Derivatives designated as hedging instruments [Member] | Foreign currency contracts [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative asset, fair value		168	$ 402
Other liabilities (current) [Member] | Derivatives designated as hedging instruments [Member] | Foreign currency contracts [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liability, fair value		1,073	4,959
Other liabilities (current) [Member] | Derivatives not designated as hedging instruments [Member] | Interest rate swaps [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liability, fair value		$ 0	$ 400
[1]	The fair value of pension plan assets is measured annually, thus this value is as of March 31, 2015.

Stockholder's Equity (Accumulat

Stockholder's Equity (Accumulated Other Comprehensive Income) (Details) - USD ($) $ in Thousands	Dec. 26, 2015	Mar. 31, 2015
Other Comprehensive Income (Loss), Net of Tax [Abstract]
Foreign currency translation adjustment	$ (780)	$ (858)
Derivative instruments, net of tax	(289)	(203)
Defined benefit pension, net of tax	(12,131)	(12,338)
Accumulated other comprehensive income	$ (13,200)	$ (13,399)

Stockholder's Equity (Dividends

Stockholder's Equity (Dividends) (Details) - USD ($)	9 Months Ended
	Dec. 26, 2015	Sep. 26, 2015	Jun. 27, 2015	Mar. 31, 2015	Dec. 27, 2014	Sep. 27, 2014	Jun. 28, 2014
Stockholders' Equity Note [Abstract]
Dividends, rate (per share)	$ 0.11	$ 0.11	$ 0.11	$ 0.10	$ 0.10	$ 0.10	$ 0.10
Dividends, aggregate value	$ 1,694,000	$ 1,692,000	$ 1,691,000	$ 1,537,000	$ 1,536,000	$ 1,544,000	$ 1,554,000
Maximum regular quarterly dividends per year permitted under credit agreement	$ 15,000,000

Stockholder's Equity (Common St

Stockholder's Equity (Common Stock Repurchases) (Details) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended		201 Months Ended
	Dec. 26, 2015USD ($)$ / sharesshares	Dec. 27, 2014USD ($)$ / sharesshares	Dec. 26, 2015USD ($)$ / sharesshares	Dec. 27, 2014USD ($)$ / sharesshares	Dec. 26, 2015USD ($)$ / sharesshares
Stockholders' Equity Note [Abstract]
Common stock purchased (shares)	3,292	93,126	144,816	359,863	10,828,575
Aggregate purchase price | $	$ 49	$ 2,112	$ 2,844	$ 8,048	$ 402,362
Average purchase price (in dollars per share) | $ / shares	$ 14.88	$ 22.68	$ 19.64	$ 22.37	$ 37.16
Payment related to tax withholding for share-based compensation | $			$ 844	$ 1,062
Shares paid for tax withholding for share-based compensation (shares)			43,468	46,130
Average price per share for shares repurchased from employees for tax payment for share-based compensation | $ / shares			$ 19.42	$ 23.01
Stock repurchase programs, remaining number of shares authorized to be repurchased	671,425		671,425		671,425
Leverage ratio at which common stock repurchases are restricted under Credit Agreement	3		3		3
Leverage ratio under credit agreement	2.8		2.8		2.8

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 26, 2015	Dec. 27, 2014	Dec. 26, 2015	Dec. 27, 2014
Income Tax Disclosure [Abstract]
Provision for income taxes	$ 61	$ 2,447	$ (19,377)	$ 8,618
Effective tax rate	1.10%	31.70%	13.60%	41.00%
Income before provision for income taxes	$ 5,798	$ 7,721	$ (142,731)	$ 21,038

Stock-based Compensation (Detai

Stock-based Compensation (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 26, 2015	Dec. 27, 2014	Dec. 26, 2015	Dec. 27, 2014	Mar. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Number of common stock shares authorized to issue (shares)	5,670,228		5,670,228
Common stock, par value (in US$ per share)	$ 0.001		$ 0.001		$ 0.001
Stock-based compensation expense	$ 1,103	$ 1,315	$ 4,251	$ 4,909
Tax benefit from stock-based compensation expense	$ 421	$ 479	$ 1,622	$ 1,790

Stock-based Compensation (Stock

Stock-based Compensation (Stock Options) (Details) - Stock options [Member] - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	9 Months Ended
	Dec. 26, 2015	Dec. 27, 2014
Stock-based Compensation Arrangements [Line Items]
Vesting period	3 years
Contractual life	10 years
Stock-based Compensation, Fair Value Assumptions [Abstract]
Expected life (in years)	7 years 6 months	7 years 8 months
Risk free interest rate	2.00%	2.30%
Annual forfeiture rate	1.50%	1.50%
Expected Volatility	43.90%	45.10%
Dividend yield	1.80%	1.30%
Stock-based Compensation, Shares (in 000's) [Roll Forward]
Outstanding, beginning	1,844
Granted	160
Exercised	0
Forfeited or cancelled	(731)
Outstanding, ending	1,273
Exercisable	992
Stock-based Compensation, Weighted Average Exercise Price (Per Share) [Roll Forward]
Outstanding, beginning (in US$ per share)	$ 31.65
Granted (in US$ per share)	19.51
Exercised (in US$ per share)	0
Forfeited or cancelled (in US$ per share)	35.52
Outstanding, ending (in US$ per share)	27.90
Exercisable (in US$ per share)	$ 29.83
Stock-based Compensation, Additional Disclosures [Abstract]
Outstanding, Weighted Average Remaining Contractual Life	4 years 4 months
Exercisable, Weighted Average Remaining Contractual Life	3 years 1 month
Outstanding, Intrinsic Value	$ 0
Exercisable, Intrinsic Value	0
Total instrinsic value of options exercised	$ 0	$ 0
Closing stock price (in US$ per share)	$ 9.45
Stock-based Compensation, Nonvested, Shares (in 000's) [Roll Forward]
Non-vested, beginning	290
Granted	160
Vested	(135)
Forfeited	(34)
Non-vested, ending	281
Stock-based Compensation, Nonvested, Weighted Average Grant Date Fair Value (Per Share) [Roll Forward]
Non-vested, beginning (in US$ per share)	$ 9.68
Granted (in US$ per share)	7.79	$ 9.59
Vested (in US$ per share)	9.62
Forfeited (in US$ per share)	9.74
Non-vested, ending	$ 8.63
Total unrecognized pre-tax stock-based compensation expense related to non-vested shares	$ 1,620
Weighted-average period of recognition	1 year 9 months

Stock-based Compensation (Restr

Stock-based Compensation (Restricted Stock Units) (Details) - Restricted stock units [Member] - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	9 Months Ended
	Dec. 26, 2015	Dec. 27, 2014
Stock-based Compensation Arrangements [Line Items]
Vesting period	3 years
Stock-based Compensation, Nonvested, Shares (in 000's) [Roll Forward]
Outstanding, beginning	262
Granted	170
Vested	(162)
Forfeited	(27)
Outstanding, ending	243
Stock-based Compensation, Nonvested, Weighted Average Grant Date Fair Value (Per Share) [Roll Forward]
Outstanding, beginning (in US$ per share)	$ 23.34
Granted (in US$ per share)	19.53
Vested (in US$ per share)	22.64
Forfeited (in US$ per share)	22.83
Outstanding, ending (in US$ per share)	$ 21.20
Total fair value of shares vested	$ 3,143	$ 3,771
Total unrecognized pre-tax stock-based compensation expense related to non-vested shares	$ 2,745
Weighted-average period of recognition	1 year 9 months

Stock-based Compensation (Perfo

Stock-based Compensation (Performance Share Awards) (Details) - Performance share awards [Member] - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	9 Months Ended
	Dec. 26, 2015	Dec. 27, 2014
Stock-based Compensation Arrangements [Line Items]
Performance goals measuring period	3 years
Stock-based Compensation, Fair Value Assumptions [Abstract]
Risk free interest rate	0.90%	0.80%
Expected Volatility	39.90%	44.70%
Dividend yield	2.00%	1.30%
Stock-based Compensation, Nonvested, Shares (in 000's) [Roll Forward]
Outstanding, beginning	275
Granted	106
Vested	0
Forfeited	(121)
Outstanding, ending	260
Stock-based Compensation, Nonvested, Weighted Average Grant Date Fair Value (Per Share) [Roll Forward]
Outstanding, beginning (in US$ per share)	$ 24.69
Granted (in US$ per share)	19.56
Vested (in US$ per share)	0
Forfeited (in US$ per share)	23.53
Outstanding, ending (in US$ per share)	$ 23.14
Total fair value of shares vested	$ 0	$ 0
Total unrecognized pre-tax stock-based compensation expense related to non-vested shares	$ 1,369
Weighted-average period of recognition	1 year 9 months

Earnings (loss) Per Share (Deta

Earnings (loss) Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 26, 2015	Dec. 27, 2014	Dec. 26, 2015	Dec. 27, 2014
Earnings Per Share [Abstract]
Net income (loss)	$ 5,737	$ 5,274	$ (123,354)	$ 12,420
Weighted-average common shares outstanding (basic)	15,379,000	15,392,000	15,343,000	15,439,000
Effect of dilutive securities from equity awards (shares)	6,000	62,000	0	62,000
Weighted-average common shares outstanding (diluted)	15,385,000	15,454,000	15,343,000	15,501,000
Basic earnings (loss) per common share (in US$ per share)	$ 0.37	$ 0.34	$ (8.04)	$ 0.80
Diluted earnings (loss) per common share (in US$ per share)	$ 0.37	$ 0.34	$ (8.04)	$ 0.80
Non-dilutive equity awards excluded from computation of weighted-average common shares outstanding (shares)	1,592,214	1,882,003	1,592,214	1,885,103

Segment Information (Details)

Segment Information (Details) $ in Thousands	3 Months Ended		6 Months Ended	9 Months Ended
	Dec. 26, 2015USD ($)	Dec. 27, 2014USD ($)	Sep. 26, 2015USD ($)	Dec. 26, 2015USD ($)segment	Dec. 27, 2014USD ($)	Mar. 31, 2015USD ($)
Segment Reporting Information [Line Items]
Number of operating segments | segment				4
Revenues	$ 222,481	$ 253,294		$ 688,533	$ 747,393
Gross profit	69,629	76,795		210,686	225,733
Operating income (loss)	7,076	9,003		(138,633)	24,617
Depreciation expense	2,186	1,749		6,274	5,143
Intangibles amortization	2,603	2,647		7,820	7,940
Goodwill impairment loss	0	0	$ 157,272	157,272	0
Capital Expenditures	3,626	2,844		8,124	6,366
Assets	528,412	719,829		528,412	719,829	$ 686,259
Operating Segments [Member] | North America Products [Member]
Segment Reporting Information [Line Items]
Revenues	20,130	21,833		65,294	64,727
Gross profit	9,092	8,693		28,874	26,335
Operating income (loss)	726	701		(21,198)	2,790
Depreciation expense	367	552		1,079	1,643
Intangibles amortization	0	0		0	0
Goodwill impairment loss	0	0	25,211	25,211	0
Capital Expenditures	1,553	893		3,794	1,860
Assets	72,436	95,646		72,436	95,646
Operating Segments [Member] | North America Services [Member]
Segment Reporting Information [Line Items]
Revenues	172,633	198,377		540,114	590,161
Gross profit	49,607	55,815		151,737	164,494
Operating income (loss)	3,895	6,915		(108,696)	19,772
Depreciation expense	1,614	985		4,568	2,864
Intangibles amortization	2,603	2,647		7,820	7,937
Goodwill impairment loss	0	0	119,547	119,547	0
Capital Expenditures	1,810	1,626		3,437	3,909
Assets	400,202	549,430		400,202	549,430
Operating Segments [Member] | International Products [Member]
Segment Reporting Information [Line Items]
Revenues	21,802	24,783		61,418	69,657
Gross profit	9,154	9,993		24,992	28,905
Operating income (loss)	1,965	583		(2,813)	634
Depreciation expense	162	168		493	514
Intangibles amortization	0	0		0	0
Goodwill impairment loss	0	0	5,348	5,348	0
Capital Expenditures	150	297		671	526
Assets	36,301	47,169		36,301	47,169
Operating Segments [Member] | International Services [Member]
Segment Reporting Information [Line Items]
Revenues	7,916	8,301		21,707	22,848
Gross profit	1,776	2,294		5,083	5,999
Operating income (loss)	490	804		(5,926)	1,421
Depreciation expense	43	44		134	122
Intangibles amortization	0	0		0	3
Goodwill impairment loss	0	0	$ 7,166	7,166	0
Capital Expenditures	113	28		222	71
Assets	$ 19,473	$ 27,584		$ 19,473	$ 27,584