Black Box (BBOX) 10-Q 5 Aug 16 2017 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Jul. 02, 2016	Jul. 15, 2016
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	Jul. 2, 2016
Amendment Flag	false
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
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		15,148,403

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jul. 02, 2016	Mar. 31, 2016
Assets
Cash and cash equivalents	$ 21,361	$ 23,497
Accounts receivable, net of allowance for doubtful accounts of $6,896 and $7,808	134,044	139,222
Inventories, net	40,014	42,703
Costs/estimated earnings in excess of billings on uncompleted contracts	70,094	66,664
Other assets	27,880	27,315
Total current assets	293,393	299,401
Property, plant and equipment, net	34,070	34,474
Intangibles, net	75,716	78,181
Deferred tax asset	53,793	57,065
Other assets	7,258	6,673
Total assets	464,230	475,794
Liabilities
Accounts payable	57,164	56,774
Accrued compensation and benefits	20,758	21,493
Deferred revenue	28,855	29,441
Billings in excess of costs/estimated earnings on uncompleted contracts	21,277	20,411
Other liabilities	38,842	42,234
Total current liabilities	166,896	170,353
Long-term debt	114,898	119,663
Other liabilities	28,694	29,545
Total liabilities	310,488	319,561
Stockholders’ equity
Preferred stock authorized 5,000, par value $1.00, none issued	0	0
Common stock authorized 100,000, par value $.001, 15,148 and 15,018 shares outstanding, 26,640 and 26,470 issued	26	26
Additional paid-in capital	504,071	501,839
Retained earnings	78,263	80,553
Accumulated other comprehensive income (loss)	(15,031)	(13,075)
Treasury stock, at cost 11,492 and 11,452 shares	(413,587)	(413,110)
Total stockholders’ equity	153,742	156,233
Total liabilities and stockholders’ equity	$ 464,230	$ 475,794

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jul. 02, 2016	Mar. 31, 2016
Statement of Financial Position [Abstract]
Allowance for doubtful accounts	$ 6,896	$ 7,808
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	26,640,000	26,470,000
Common stock, shares outstanding	15,148,000	15,018,000
Treasury stock, shares	11,492,000	11,452,000

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands		3 Months Ended
		Jul. 02, 2016	Jun. 27, 2015
Revenues
Products		$ 39,881	$ 40,496
Services		178,599	188,718
Total		218,480	229,214
Cost of sales
Products	[1]	22,933	23,672
Services	[1]	127,894	135,891
Total	[1]	150,827	159,563
Gross profit		67,653	69,651
Selling, general & administrative expenses		62,482	62,886
Intangibles amortization		2,451	2,613
Operating income (loss)		2,720	4,152
Interest expense, net		1,207	1,382
Other expenses (income), net		(343)	(58)
Income (loss) before provision for income taxes		1,856	2,828
Provision (benefit) for income taxes		2,332	2,074
Net income (loss)		$ (476)	$ 754
Earnings (loss) per common share
Basic (in US$ per share)		$ (0.03)	$ 0.05
Diluted (in US$ per share)		$ (0.03)	$ 0.05
Weighted-average common shares outstanding
Basic (shares)		15,068	15,356
Diluted (shares)		15,068	15,459
Dividends per share		$ 0.12	$ 0.11
[1]	Exclusive of depreciation and intangibles amortization.

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Jul. 02, 2016	Jun. 27, 2015
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ (476)	$ 754
Other comprehensive income (loss)
Foreign Currency Translation Adjustment	(1,822)	3,288
Defined Benefit Pension
Actuarial gain (loss), net of taxes of $1 and $3	1	5
Amounts reclassified into results of operations, net of taxes of ($137) and $54	(214)	85
Derivative Instruments
Net change in fair value of cash flow hedges, net of taxes of ($95) and ($63)	(148)	(99)
Amounts reclassified into results of operations, net of taxes of $145 and $132	227	206
Other comprehensive income (loss)	(1,956)	3,485
Comprehensive income (loss)	$ (2,432)	$ 4,239

Consolidated Statements of Com6

Consolidated Statements of Comprehensive Income (Loss) (Unaudited) Parenthetical - USD ($) $ in Thousands	3 Months Ended
	Jul. 02, 2016	Jun. 27, 2015
Pension
Actuarial gain (loss), taxes	$ 1	$ 3
Actuarial gain (loss) reclassified into results of operations, taxes	(137)	54
Derivative instruments
Net change in fair value of cash flow hedges, taxes	(95)	(63)
Amounts reclassified into results of operations, taxes	$ 145	$ 132

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Jul. 02, 2016	Jun. 27, 2015
Operating Activities
Net income (loss)	$ (476)	$ 754
Adjustments to reconcile net income (loss) to net cash provided by (used for) operating activities
Intangibles amortization	2,451	2,613
Depreciation	2,245	2,002
Loss (gain) on sale of property	(1,175)	(1)
Deferred taxes	2,873	2,687
Stock compensation expense	2,233	2,279
Change in fair value of interest-rate swaps	0	(294)
Provision for obsolete inventory	261	289
Provision for (recovery of) doubtful accounts	159	308
Changes in operating assets and liabilities (net of acquisitions)
Accounts receivable	4,590	(2,057)
Inventories	2,305	979
Costs/estimated earnings in excess of billings on uncompleted contracts	(3,553)	(2,079)
All other assets	(1,228)	6,961
Accounts payable	491	595
Billings in excess of costs/estimated earnings on uncompleted contracts	889	(364)
All other liabilities	(1,181)	(22,043)
Net cash provided by (used for) operating activities	10,884	(7,371)
Investing Activities
Capital expenditures	(2,072)	(1,917)
Capital disposals	1,381	19
Net cash provided by (used for) investing activities	(691)	(1,898)
Financing Activities
Proceeds (repayments) from long-term debt	(4,807)	6,957
Proceeds (repayments) from short-term debt	(4,182)	2,324
Deferred financing costs	1,049	0
Purchase of treasury stock	(477)	(2,796)
Payment of dividends	(1,650)	(1,537)
Increase (decrease) in cash overdrafts	83	1,193
Net cash provided by (used for) financing activities	(12,082)	6,141
Foreign currency exchange impact on cash	(247)	102
Increase/(decrease) in cash and cash equivalents	(2,136)	(3,026)
Cash and cash equivalents at beginning of period	23,497	23,534
Cash and cash equivalents at end of period	21,361	20,508
Supplemental cash flow
Cash paid for interest	862	1,740
Cash paid for income taxes	(1,474)	568
Non-cash financing activities
Dividends payable	1,811	1,691
Capital leases	$ 38	$ 143

Business and Basis of Presentat

Business and Basis of Presentation	3 Months Ended
	Jul. 02, 2016
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 40-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, 2016 (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 June 30, 2016 and 2015 were July 2, 2016 and June 27, 2015 , 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 the parent company and its wholly-owned 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. These reclassifications had no effect on reported net income (loss), comprehensive income (loss), cash flows, total assets or total stockholders' equity. The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America 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, property, plant and equipment, intangible assets and goodwill. Actual results could differ from those estimates. Management believes the estimates made are reasonable.

Significant Accounting Policies

Significant Accounting Policies	3 Months Ended
	Jul. 02, 2016
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 2017 . Recent Accounting Pronouncements There have been no accounting pronouncements adopted during Fiscal 2017 that have had a material impact on the Company's consolidated financial statements.

Inventories

Inventories	3 Months Ended
	Jul. 02, 2016
Inventory Disclosure [Abstract]
Inventories	Inventories The Company’s Inventories consist of the following: June 30, 2016 March 31, 2016 Raw materials $ 1,782 $ 1,897 Finished goods 56,263 60,969 Inventory, gross 58,045 62,866 Excess and obsolete inventory reserves (18,031 ) (20,163 ) Inventories, net $ 40,014 $ 42,703

Intangible Assets

Intangible Assets	3 Months Ended
	Jul. 02, 2016
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: June 30, 2016 March 31, 2016 Gross Carrying Amount Accum. Amort. Net Carrying Amount Gross Carrying Amount Accum. Amort. Net Carrying Amount Definite-lived Non-compete agreements $ 2,227 $ 2,206 $ 21 $ 2,254 $ 2,170 $ 84 Customer relationships 122,326 73,828 48,498 122,345 71,445 50,900 Backlog 3,489 3,489 — 3,489 3,489 — Total $ 128,042 $ 79,523 $ 48,519 $ 128,088 $ 77,104 $ 50,984 Indefinite-lived Trademarks 35,450 8,253 27,197 35,450 8,253 27,197 Total $ 163,492 $ 87,776 $ 75,716 $ 163,538 $ 85,357 $ 78,181 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. The following table summarizes the changes to the net carrying amounts by intangible asset class: Trademarks Non-compete agreements Customer relationships Backlog Total March 31, 2016 $ 27,197 $ 84 $ 50,900 $ — $ 78,181 Intangibles Amortization — (63 ) (2,388 ) — (2,451 ) Foreign currency translation adjustment — — (14 ) — (14 ) June 30, 2016 $ 27,197 $ 21 $ 48,498 $ — $ 75,716 The following table details the estimated intangibles amortization expense for the remainder of Fiscal 2017 , each of the succeeding four fiscal years and the periods thereafter. Fiscal 2017 $ 6,979 2018 7,840 2019 6,446 2020 5,950 2021 5,502 Thereafter 15,802 Total $ 48,519

Indebtedness

Indebtedness	3 Months Ended
	Jul. 02, 2016
Debt Disclosure [Abstract]
Indebtedness	Indebtedness The Company’s Long-term debt consists of the following: June 30, 2016 March 31, 2016 Revolving credit agreement $ 114,400 $ 119,000 Other 1,622 1,802 Total debt $ 116,022 $ 120,802 Less: current portion (included in Other liabilities) (1,124 ) (1,139 ) Long-term debt $ 114,898 $ 119,663 On May 9, 2016, the Company refinanced its then existing $200,000 credit facility pursuant to a new credit agreement (the "Credit Agreement") with PNC Bank, National Association, as administrative agent, Bank of America, N.A., as syndication agent, and certain other lender parties. The Credit Agreement expires on May 9, 2021. Borrowings under the Credit Agreement are permitted up to a maximum amount of $200,000 , and includes up to $15,000 of swing-line loans and $25,000 of letters of credit. The Credit Agreement may be increased by the Company up to an additional $50,000 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) a Base Rate Option equal to the highest of (i) the federal funds open rate, plus fifty (50) basis points ( 0.5% ), (ii) the bank’s prime rate, and (iii) the daily LIBOR rate, plus 100 basis points ( 1.0% ), in each case plus 0% to 1.00% (determined by a leverage ratio based on the Company’s consolidated EBITDA) or (b) a rate per annum equal to the LIBOR rate plus 1.00% to 2.00% (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 interest coverage ratios. The Company’s obligations under the Credit Agreement are secured by substantially all of the assets of the Company’s material direct and indirect subsidiaries that are incorporated (or organized) under the laws of the District of Columbia or under the laws of any state or commonwealth of the United States and are guaranteed by such domestic subsidiaries. As of June 30, 2016 , 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 June 30, 2016 was $150,075 , $133,299 and 2.5% , respectively, compared to $173,900 , $160,762 and 2.0% , respectively, for the three-months ended June 30, 2015 . As of June 30, 2016 , the Company had $4,850 outstanding in letters of credit and $80,750 in unused commitments, which are limited by a financial covenant, under the Credit Ag

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	3 Months Ended
	Jul. 02, 2016
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. 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 June 30, 2016 , 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 $50,992 and will expire within 11 months. There was no hedge ineffectiveness during Fiscal 2017 or Fiscal 2016 . The following tables summarize the carrying amounts of derivative assets/liabilities and the impact on the Company’s Consolidated Statements of Operations: Asset Derivatives Liability Derivatives June 30, March 31, June 30, March 31, Classification 2016 2016 2016 2016 Derivatives designated as hedging instruments Foreign currency contracts Other liabilities (current) $ 953 $ 552 Foreign currency contracts Other assets (current) $ 417 $ 882 Three-months ended June 30 Classification 2017 2016 Derivatives designated as hedging instruments Gain (loss) recognized in other comprehensive income (effective portion), net of taxes Other comprehensive income $ (148 ) $ (99 ) Amounts reclassified from AOCI into results of operations (effective portion), net of taxes Selling, general & administrative expenses 227 206

Fair Value Disclosures

Fair Value Disclosures	3 Months Ended
	Jul. 02, 2016
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 June 30, 2016 , 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) $ 21,275 $ 11,111 $ — $ 32,386 Foreign currency contracts $ — $ 417 $ — $ 417 Total Assets at Fair Value $ 21,275 $ 11,528 $ — $ 32,803 Liabilities at Fair Value Foreign currency contracts $ — $ 953 $ — $ 953 (1) The fair value of pension plan assets is measured annually, thus this value is as of March 31, 2016 . 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.

Stockholder's Equity

Stockholder's Equity	3 Months Ended
	Jul. 02, 2016
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: June 30, 2016 March 31, 2016 Foreign Currency Translation Adjustment $ (709 ) $ 1,113 Derivative Instruments (176 ) (255 ) Defined Benefit Pension (14,146 ) (13,933 ) Accumulated other comprehensive income $ (15,031 ) $ (13,075 ) Dividends The following table presents information about the Company's dividend program: Period Record Date Payment Date Rate Aggregate Value 1Q17 July 1, 2016 July 15, 2016 $ 0.12 $ 1,811 4Q16 March 31, 2016 April 14, 2016 $ 0.11 $ 1,652 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 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 regularly quarterly dividends not exceeding $15,000 per year 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, the Company is permitted to make other distributions or dividends if such event would not violate a 3.00 to 1.00 consolidated leverage ratio under the Credit Agreement. Common Stock Repurchases The following table presents information about the Company's common stock repurchases: Three-months ended June 30 2016 2015 Shares of common stock purchased 39,735 141,524 Aggregate purchase price $ 477 $ 2,795 Average purchase price $ 12.01 $ 19.75 During the three -month period ended June 30, 2016 , the Company made tax payments of $477 and withheld 39,735 shares of common stock, which were designated as treasury shares, at an average price per share of $12.01 , in order to satisfy employee income taxes due as a result of the vesting of certain restricted stock units. During the three -month period ended June 30, 2015 , the Company made tax payments of $795 and withheld 40,176 shares of common stock, which were designated as treasury shares, at an average price per share of $19.80 , 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 June 30, 2016 , the Company has repurchased 11,194,933 shares of common stock for an aggregate purchase price of $406,661 , or an average purchase price per share of $36.33 . 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 June 30, 2016 , 1,305,067 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, with certain exceptions, under the Credit Agreement if the Company's consolidated leverage ratio (based on EBITDA) exceeds 3.00 . At June 30, 2016 , the Company's leverage ratio was 3.03 .

Income Taxes

Income Taxes	3 Months Ended
	Jul. 02, 2016
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Company's provision for income taxes for the three-months ended June 30, 2016 was $2,332 , an effective tax rate of 125.6% on income before provision for income taxes of $1,856 , compared to $2,074 , an effective tax rate of 73.3% on income before provision for income taxes of $2,828 for the three-months ended June 30, 2015 . The effective tax rate increase d from 73.3% to 125.6% was primarily due to an increase in the write-offs of deferred tax assets associated with equity awards. The effective tax rate for the three -months ended June 30, 2016 of 125.6% differs from the federal statutory rate primarily due to write-offs of deferred tax assets associated with equity awards. 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 2016 remain open to examination by the Internal Revenue Service ("IRS") and Fiscal 2011 through Fiscal 2016 remain open to examination by certain state and foreign taxing jurisdictions.

Stock-based Compensation

Stock-based Compensation	3 Months Ended
	Jul. 02, 2016
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 June 30, 2016 , the Incentive Plan is authorized to issue stock options, restricted stock units and performance shares, among other types of awards, for up to 5,674,228 shares of common stock, par value $0.001 per share (the "common stock"). The Company recognized stock-based compensation expense of $2,233 and $2,279 for the three-months ended June 30, 2016 and 2015 , respectively. The Company recognized total income tax benefit for stock-based compensation arrangements of $831 and $870 for the three-months ended June 30, 2016 and 2015 , 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. Three-months ended June 30 2016 2015 Expected life (in years) 6.8 7.5 Risk free interest rate 1.6 % 2.0 % Annual forfeiture rate 1.8 % 1.5 % Expected Volatility 41.7 % 43.9 % Dividend yield 3.1 % 1.8 % 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) March 31, 2016 1,269 $ 27.86 Granted 381 11.99 Exercised — — Forfeited or cancelled (301 ) 29.67 June 30, 2016 1,349 $ 23.79 5.0 $ 242 Exercisable 882 $ 28.00 3.2 $ — The weighted-average grant-date fair value of options granted during the three -months ended June 30, 2016 and 2015 was $3.74 and $7.79 , respectively. The intrinsic value of options exercised during the three -months ended June 30, 2016 and 2015 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 July 1, 2016 , which was $12.83 . 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, 2016 281 $ 8.63 Granted 381 3.74 Vested (133 ) 9.00 Forfeited (62 ) 8.31 June 30, 2016 467 $ 5.72 As of June 30, 2016 , there was $1,941 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 2.4 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, 2016 276 $ 19.99 Granted 292 12.08 Vested (171 ) 18.67 Forfeited (21 ) 20.23 June 30, 2016 376 $ 14.45 The total fair value of shares that vested during the three -months ended June 30, 2016 and 2015 was $2,039 and $2,979 , respectively. As of June 30, 2016 , there was $4,290 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 2.4 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. Three-months ended June 30 2016 2015 Risk free interest rate 0.9 % 0.9 % Expected Volatility 45.1 % 39.9 % Dividend yield 3.4 % 2.0 % The following table summarizes the Company’s performance share award activity: Shares (in 000’s) Weighted-Average Grant-Date Fair Value March 31, 2016 260 $ 23.14 Granted 198 11.99 Vested — — Forfeited (104 ) 25.96 June 30, 2016 354 $ 16.08 The total fair value of shares that vested during the three -months ended June 30, 2016 and 2015 was $0 and $0 , respectively. As of June 30, 2016 , there was $2,255 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 2.6 years.

Earnings (loss) Per Share

Earnings (loss) Per Share	3 Months Ended
	Jul. 02, 2016
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 June 30 2016 2015 Net income (loss) $ (476 ) $ 754 Weighted-average common shares outstanding (basic) 15,068 15,356 Effect of dilutive securities from equity awards — 103 Weighted-average common shares outstanding (diluted) 15,068 15,459 Basic earnings (loss) per common share $ (0.03 ) $ 0.05 Dilutive earnings (loss) per common share $ (0.03 ) $ 0.05 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 1,071,297 and 1,918,615 non-dilutive equity awards outstanding for the three-months ended June 30, 2016 and 2015 , respectively, that are not included in the corresponding period Weighted-average common shares outstanding (diluted) computation.

Segment Information

Segment Information	3 Months Ended
	Jul. 02, 2016
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 1Q17 Revenues $ 19,085 $ 171,735 $ 20,796 $ 6,864 $ 218,480 Gross profit 8,934 49,143 8,014 1,562 67,653 Operating income (loss) 894 1,147 380 299 2,720 Depreciation 405 1,615 182 43 2,245 Intangibles amortization — 2,334 117 — 2,451 Restructuring expense 43 (204 ) 75 20 (66 ) Capital expenditures 1,275 688 94 15 2,072 Assets (as of June 30) 54,979 357,376 35,086 16,789 464,230 1Q16 Revenues 20,825 182,018 19,671 6,700 229,214 Gross profit 8,879 51,116 7,945 1,711 69,651 Operating income (loss) 988 2,354 319 491 4,152 Depreciation 354 1,442 160 46 2,002 Intangibles amortization — 2,613 — — 2,613 Restructuring expense 12 380 74 37 503 Capital expenditures 400 1,377 112 28 1,917 Assets (as of June 30) 104,121 505,599 42,568 24,747 677,035

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Jul. 02, 2016
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 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 2017 .

Restructuring

Restructuring	3 Months Ended
	Jul. 02, 2016
Restructuring and Related Activities [Abstract]
Restructuring	Restructuring The Company has incurred and continues to incur costs related to facility consolidations, such as idle facility rent obligations and the write-off of leasehold improvements, and employee severance (collectively referred to as “restructuring expense”) in an attempt to make its organization more efficient through the previously-disclosed sales and operations transformations. These restructuring activities are compartmentalized and are not part of an overall plan and therefore the Company cannot estimate the total amount to be incurred in connection with the activity. Employee severance is generally payable within the next twelve months with certain facility costs extending through Fiscal 2019. The following table summarizes the changes to the restructuring liability for the periods presented. Employee Facility Total Balance at March 31, 2016 7,050 234 7,284 Restructuring expense $ (114 ) $ 48 $ (66 ) Cash expenditures $ (1,704 ) $ (107 ) $ (1,811 ) Balance at June 30, 2016 $ 5,232 $ 175 $ 5,407 Of the $5,407 above, $3,015 is classified as a current liability under Other liabilities on the Company’s Consolidated Balance Sheets for the period ended June 30, 2016 . The following table summarizes restructuring expense, which is recorded in Selling, general & administrative expenses in the Company’s Consolidated Statements of Operations, for the three months ended June 30, 2016 , for the Company’s reporting segments: North America Products North America Services International Products International Services Total Employee Severance $ 43 $ (186 ) $ 26 $ 3 $ (114 ) Facility Closures $ — $ (18 ) $ 49 $ 17 $ 48 Total $ 43 $ (204 ) $ 75 $ 20 $ (66 ) As previously disclosed, Company management is considering initiatives to reset the business model and align costs with revenue to improve profitability. As a result, during FY17, our profits could be negatively impacted by restructuring expenses resulting from such initiatives, which are designed to maximize the efficiency of the cost structure for each of our segments to enhance the Company's profitability. The Company believes there is a significant cost savings for such restructuring initiatives that will provide a return on investment in a relatively short period of time. Such restructuring initiatives have not been formalized and the Company cannot state with any certainty the timing or whether or not such events will occur.

Inventories (Tables)

Inventories (Tables)	3 Months Ended
	Jul. 02, 2016
Inventory Disclosure [Abstract]
Schedule of Inventories	The Company’s Inventories consist of the following: June 30, 2016 March 31, 2016 Raw materials $ 1,782 $ 1,897 Finished goods 56,263 60,969 Inventory, gross 58,045 62,866 Excess and obsolete inventory reserves (18,031 ) (20,163 ) Inventories, net $ 40,014 $ 42,703

Intangible Assets (Tables)

Intangible Assets (Tables)	3 Months Ended
	Jul. 02, 2016
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: June 30, 2016 March 31, 2016 Gross Carrying Amount Accum. Amort. Net Carrying Amount Gross Carrying Amount Accum. Amort. Net Carrying Amount Definite-lived Non-compete agreements $ 2,227 $ 2,206 $ 21 $ 2,254 $ 2,170 $ 84 Customer relationships 122,326 73,828 48,498 122,345 71,445 50,900 Backlog 3,489 3,489 — 3,489 3,489 — Total $ 128,042 $ 79,523 $ 48,519 $ 128,088 $ 77,104 $ 50,984 Indefinite-lived Trademarks 35,450 8,253 27,197 35,450 8,253 27,197 Total $ 163,492 $ 87,776 $ 75,716 $ 163,538 $ 85,357 $ 78,181
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-compete agreements Customer relationships Backlog Total March 31, 2016 $ 27,197 $ 84 $ 50,900 $ — $ 78,181 Intangibles Amortization — (63 ) (2,388 ) — (2,451 ) Foreign currency translation adjustment — — (14 ) — (14 ) June 30, 2016 $ 27,197 $ 21 $ 48,498 $ — $ 75,716
Schedule of Expected Amortization Expense	The following table details the estimated intangibles amortization expense for the remainder of Fiscal 2017 , each of the succeeding four fiscal years and the periods thereafter. Fiscal 2017 $ 6,979 2018 7,840 2019 6,446 2020 5,950 2021 5,502 Thereafter 15,802 Total $ 48,519

Indebtedness (Tables)

Indebtedness (Tables)	3 Months Ended
	Jul. 02, 2016
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments	The Company’s Long-term debt consists of the following: June 30, 2016 March 31, 2016 Revolving credit agreement $ 114,400 $ 119,000 Other 1,622 1,802 Total debt $ 116,022 $ 120,802 Less: current portion (included in Other liabilities) (1,124 ) (1,139 ) Long-term debt $ 114,898 $ 119,663

Derivative Instruments and He25

Derivative Instruments and Hedging Activities (Tables)	3 Months Ended
	Jul. 02, 2016
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 assets/liabilities and the impact on the Company’s Consolidated Statements of Operations: Asset Derivatives Liability Derivatives June 30, March 31, June 30, March 31, Classification 2016 2016 2016 2016 Derivatives designated as hedging instruments Foreign currency contracts Other liabilities (current) $ 953 $ 552 Foreign currency contracts Other assets (current) $ 417 $ 882 Three-months ended June 30 Classification 2017 2016 Derivatives designated as hedging instruments Gain (loss) recognized in other comprehensive income (effective portion), net of taxes Other comprehensive income $ (148 ) $ (99 ) Amounts reclassified from AOCI into results of operations (effective portion), net of taxes Selling, general & administrative expenses 227 206

Fair Value Disclosures (Tables)

Fair Value Disclosures (Tables)	3 Months Ended
	Jul. 02, 2016
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 June 30, 2016 , 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) $ 21,275 $ 11,111 $ — $ 32,386 Foreign currency contracts $ — $ 417 $ — $ 417 Total Assets at Fair Value $ 21,275 $ 11,528 $ — $ 32,803 Liabilities at Fair Value Foreign currency contracts $ — $ 953 $ — $ 953 (1) The fair value of pension plan assets is measured annually, thus this value is as of March 31, 2016 .

Stockholder's Equity (Tables)

Stockholder's Equity (Tables)	3 Months Ended
	Jul. 02, 2016
Stockholders' Equity Note [Abstract]
Schedule of Accumulated Other Comprehensive Income	The components of AOCI consisted of the following for the periods presented: June 30, 2016 March 31, 2016 Foreign Currency Translation Adjustment $ (709 ) $ 1,113 Derivative Instruments (176 ) (255 ) Defined Benefit Pension (14,146 ) (13,933 ) Accumulated other comprehensive income $ (15,031 ) $ (13,075 )
Schedule of Dividends	The following table presents information about the Company's dividend program: Period Record Date Payment Date Rate Aggregate Value 1Q17 July 1, 2016 July 15, 2016 $ 0.12 $ 1,811 4Q16 March 31, 2016 April 14, 2016 $ 0.11 $ 1,652 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
Schedule of Common Stock Repurchases	The following table presents information about the Company's common stock repurchases: Three-months ended June 30 2016 2015 Shares of common stock purchased 39,735 141,524 Aggregate purchase price $ 477 $ 2,795 Average purchase price $ 12.01 $ 19.75

Stock-based Compensation (Table

Stock-based Compensation (Tables)	3 Months Ended
	Jul. 02, 2016
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. Three-months ended June 30 2016 2015 Expected life (in years) 6.8 7.5 Risk free interest rate 1.6 % 2.0 % Annual forfeiture rate 1.8 % 1.5 % Expected Volatility 41.7 % 43.9 % Dividend yield 3.1 % 1.8 %
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) March 31, 2016 1,269 $ 27.86 Granted 381 11.99 Exercised — — Forfeited or cancelled (301 ) 29.67 June 30, 2016 1,349 $ 23.79 5.0 $ 242 Exercisable 882 $ 28.00 3.2 $ —
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, 2016 281 $ 8.63 Granted 381 3.74 Vested (133 ) 9.00 Forfeited (62 ) 8.31 June 30, 2016 467 $ 5.72
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, 2016 276 $ 19.99 Granted 292 12.08 Vested (171 ) 18.67 Forfeited (21 ) 20.23 June 30, 2016 376 $ 14.45
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. Three-months ended June 30 2016 2015 Risk free interest rate 0.9 % 0.9 % Expected Volatility 45.1 % 39.9 % Dividend yield 3.4 % 2.0 %
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, 2016 260 $ 23.14 Granted 198 11.99 Vested — — Forfeited (104 ) 25.96 June 30, 2016 354 $ 16.08

Earnings (loss) Per Share (Tabl

Earnings (loss) Per Share (Tables)	3 Months Ended
	Jul. 02, 2016
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 June 30 2016 2015 Net income (loss) $ (476 ) $ 754 Weighted-average common shares outstanding (basic) 15,068 15,356 Effect of dilutive securities from equity awards — 103 Weighted-average common shares outstanding (diluted) 15,068 15,459 Basic earnings (loss) per common share $ (0.03 ) $ 0.05 Dilutive earnings (loss) per common share $ (0.03 ) $ 0.05

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	Jul. 02, 2016
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 1Q17 Revenues $ 19,085 $ 171,735 $ 20,796 $ 6,864 $ 218,480 Gross profit 8,934 49,143 8,014 1,562 67,653 Operating income (loss) 894 1,147 380 299 2,720 Depreciation 405 1,615 182 43 2,245 Intangibles amortization — 2,334 117 — 2,451 Restructuring expense 43 (204 ) 75 20 (66 ) Capital expenditures 1,275 688 94 15 2,072 Assets (as of June 30) 54,979 357,376 35,086 16,789 464,230 1Q16 Revenues 20,825 182,018 19,671 6,700 229,214 Gross profit 8,879 51,116 7,945 1,711 69,651 Operating income (loss) 988 2,354 319 491 4,152 Depreciation 354 1,442 160 46 2,002 Intangibles amortization — 2,613 — — 2,613 Restructuring expense 12 380 74 37 503 Capital expenditures 400 1,377 112 28 1,917 Assets (as of June 30) 104,121 505,599 42,568 24,747 677,035

Restructuring (Tables)

Restructuring (Tables)	3 Months Ended
	Jul. 02, 2016
Restructuring and Related Activities [Abstract]
Changes to Restructuring Liability	The following table summarizes the changes to the restructuring liability for the periods presented. Employee Facility Total Balance at March 31, 2016 7,050 234 7,284 Restructuring expense $ (114 ) $ 48 $ (66 ) Cash expenditures $ (1,704 ) $ (107 ) $ (1,811 ) Balance at June 30, 2016 $ 5,232 $ 175 $ 5,407
Restructuring and Related Costs	The following table summarizes restructuring expense, which is recorded in Selling, general & administrative expenses in the Company’s Consolidated Statements of Operations, for the three months ended June 30, 2016 , for the Company’s reporting segments: North America Products North America Services International Products International Services Total Employee Severance $ 43 $ (186 ) $ 26 $ 3 $ (114 ) Facility Closures $ — $ (18 ) $ 49 $ 17 $ 48 Total $ 43 $ (204 ) $ 75 $ 20 $ (66 ) As previously disclosed, Company management is considering initiatives to reset the business model and align costs with revenue to improve profitability. As a result, during FY17, our profits could be negatively impacted by restructuring expenses resulting from such initiatives, which are designed to maximize the efficiency of the cost structure for each of our segments to enhance the Company's profitability. The Company believes there is a significant cost savings for such restructuring initiatives that will provide a return on investment in a relatively short period of time. Such restructuring initiatives have not been formalized and the Company cannot state with any certainty the timing or whether or not such events will occur.

Business and Basis of Present32

Business and Basis of Presentation (Details)	3 Months Ended
	Jul. 02, 2016
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	Jul. 02, 2016	Mar. 31, 2016
Inventory Disclosure [Abstract]
Raw materials	$ 1,782	$ 1,897
Finished goods	56,263	60,969
Inventory, gross	58,045	62,866
Excess and obsolete inventory reserves	(18,031)	(20,163)
Inventories, net	$ 40,014	$ 42,703

Intangible Assets (Details)

Intangible Assets (Details) - USD ($) $ in Thousands	Jul. 02, 2016	Mar. 31, 2016
Intangible Assets (Excluding Goodwill) [Line Items]
Definite-lived intangible assets, gross carrying amount	$ 128,042	$ 128,088
Definite-lived intangible assets, accumulated amortization	79,523	77,104
Definite-llved intangible assets, net carrying amount	48,519	50,984
Total intangible assets, gross carrying amount	163,492	163,538
Total intangible assets, accumulated amortization	87,776	85,357
Total intangible assets, net carrying amount	75,716	78,181
Non-compete agreements
Intangible Assets (Excluding Goodwill) [Line Items]
Definite-lived intangible assets, gross carrying amount	2,227	2,254
Definite-lived intangible assets, accumulated amortization	2,206	2,170
Definite-llved intangible assets, net carrying amount	21	84
Customer relationships
Intangible Assets (Excluding Goodwill) [Line Items]
Definite-lived intangible assets, gross carrying amount	122,326	122,345
Definite-lived intangible assets, accumulated amortization	73,828	71,445
Definite-llved intangible assets, net carrying amount	48,498	50,900
Total intangible assets, net carrying amount	48,498	50,900
Backlog
Intangible Assets (Excluding Goodwill) [Line Items]
Definite-lived intangible assets, gross carrying amount	3,489	3,489
Definite-lived intangible assets, accumulated amortization	3,489	3,489
Definite-llved intangible assets, net carrying amount	0	0
Trademarks
Intangible Assets (Excluding Goodwill) [Line Items]
Indefinite-lived intangible assets, gross carrying amount	35,450	35,450
Indefinite-lived intangible assets, accumulated amortization	8,253	8,253
Indefinite-lived intangible assets, net carrying amount	27,197	27,197
Total intangible assets, net carrying amount	$ 27,197	$ 27,197

Intangible Assets (Changes in C

Intangible Assets (Changes in Carrying Amount) (Details) - USD ($) $ in Thousands	3 Months Ended
	Jul. 02, 2016	Jun. 27, 2015
Intangible Assets [Roll Forward]
March 31, 2016	$ 78,181
Intangibles Amortization	(2,451)	$ (2,613)
Foreign currency translation adjustment	(14)
June 30, 2016	75,716
Trademarks
Intangible Assets [Roll Forward]
March 31, 2016	27,197
Intangibles Amortization	0
Foreign currency translation adjustment	0
June 30, 2016	27,197
Non-compete agreements
Intangible Assets [Roll Forward]
March 31, 2016	84
Intangibles Amortization	(63)
Foreign currency translation adjustment	0
June 30, 2016	21
Customer relationships
Intangible Assets [Roll Forward]
March 31, 2016	50,900
Intangibles Amortization	(2,388)
Foreign currency translation adjustment	(14)
June 30, 2016	$ 48,498

Intangible Assets (Expected Fut

Intangible Assets (Expected Future Amortization Expense) (Details) - USD ($) $ in Thousands	Jul. 02, 2016	Mar. 31, 2016
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2,017	$ 6,979
2,018	7,840
2,019	6,446
2,020	5,950
2,021	5,502
Thereafter	15,802
Definite-llved intangible assets, net carrying amount	$ 48,519	$ 50,984

Indebtedness (Long-Term Debt) (

Indebtedness (Long-Term Debt) (Details) - USD ($) $ in Thousands	Jul. 02, 2016	Mar. 31, 2016
Debt Instrument [Line Items]
Debt	$ 116,022	$ 120,802
Less: current portion (included in Other liabilities)	(1,124)	(1,139)
Long-term debt	114,898	119,663
Revolving credit agreement
Debt Instrument [Line Items]
Debt	114,400	119,000
Other
Debt Instrument [Line Items]
Debt	$ 1,622	$ 1,802

Indebtedness (Revolving Credit

Indebtedness (Revolving Credit Agreement) (Details) - USD ($)	May 09, 2016	Jul. 02, 2016	Jun. 27, 2015
Revolving credit agreement
Revolving Credit Agreement [Line Items]
Maximum borrowing capacity	$ 200,000,000
Line of Credit, Additional Credit Available	$ 50,000,000
Maximum amount outstanding		$ 150,075,000	$ 173,900,000
Weighted-average amount outstanding		$ 133,299,000	$ 160,762,000
Weighted-average interest rate		2.50%	2.00%
Unused commitments		$ 80,750,000
Revolving credit agreement | Variable component [Member] | Minimum [Member]
Revolving Credit Agreement [Line Items]
Basis spread on variable rate	0.00%
Revolving credit agreement | Variable component [Member] | Maximum [Member]
Revolving Credit Agreement [Line Items]
Basis spread on variable rate	1.00%
Revolving credit agreement | Federal Funds Effective Swap Rate [Member] | Variable component [Member]
Revolving Credit Agreement [Line Items]
Basis spread on variable rate	0.50%
Revolving credit agreement | LIBOR [Member] | Variable component [Member]
Revolving Credit Agreement [Line Items]
Basis spread on variable rate	1.00%
Revolving credit agreement | LIBOR [Member] | Variable component [Member] | Minimum [Member]
Revolving Credit Agreement [Line Items]
Basis spread on variable rate	1.00%
Revolving credit agreement | LIBOR [Member] | Variable component [Member] | Maximum [Member]
Revolving Credit Agreement [Line Items]
Basis spread on variable rate	2.00%
Swing-line loans [Member]
Revolving Credit Agreement [Line Items]
Maximum borrowing capacity	$ 15,000,000
Letters of credit [Member]
Revolving Credit Agreement [Line Items]
Maximum borrowing capacity	$ 25,000,000
Amount outstanding		$ 4,850,000

Derivative Instruments and He39

Derivative Instruments and Hedging Activities (Details) - Foreign currency contracts [Member] - Derivatives designated as hedging instruments [Member] - Cash flow hedging [Member] $ in Thousands	3 Months Ended
	Jul. 02, 2016USD ($)
Derivative [Line Items]
Notional amount	$ 50,992
Remaining maturity	11 months

Derivative Instruments and He40

Derivative Instruments and Hedging Activities (Effect on Consolidated Balance Sheets) (Details) - Derivatives designated as hedging instruments [Member] - Foreign currency contracts [Member] - USD ($) $ in Thousands	Jul. 02, 2016	Mar. 31, 2016
Other liabilities (current)
Derivatives, Fair Value [Line Items]
Liability Derivatives	$ 953	$ 552
Other assets (current)
Derivatives, Fair Value [Line Items]
Asset Derivatives	$ 417	$ 882

Derivative Instruments and He41

Derivative Instruments and Hedging Activities (Effect on Consolidated Statements of Operations) (Details) - Derivatives designated as hedging instruments [Member] - Foreign currency contracts [Member] - USD ($) $ in Thousands	3 Months Ended
	Jul. 02, 2016	Jun. 27, 2015
Other comprehensive income
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized in other comprehensive income (effective portion), net of taxes	$ (148)	$ (99)
Selling, general & administrative expenses
Derivative Instruments, Gain (Loss) [Line Items]
Amounts reclassified from AOCI into results of operations (effective portion), net of taxes	$ 227	$ 206

Fair Value Disclosures (Details

Fair Value Disclosures (Details) - USD ($) $ in Thousands		Jul. 02, 2016	Mar. 31, 2016
Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Defined benefit pension plan assets, fair value	[1]	$ 32,386
Derivative asset, fair value		32,803
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]	21,275
Derivative asset, fair value		21,275
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]	11,111
Derivative asset, fair value		11,528
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		417
Derivative liability, fair value		953
Other assets (current) | 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		417	$ 882
Other liabilities (current) | 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		$ 953	$ 552
[1]	The fair value of pension plan assets is measured annually, thus this value is as of March 31, 2016.

Stockholder's Equity (Accumulat

Stockholder's Equity (Accumulated Other Comprehensive Income) (Details) - USD ($) $ in Thousands	Jul. 02, 2016	Mar. 31, 2016
Other Comprehensive Income (Loss), Net of Tax [Abstract]
Foreign Currency Translation Adjustment	$ (709)	$ 1,113
Derivative Instruments	(176)	(255)
Defined Benefit Pension	(14,146)	(13,933)
Accumulated other comprehensive income	$ (15,031)	$ (13,075)

Stockholder's Equity (Dividends

Stockholder's Equity (Dividends) (Details) - USD ($)	3 Months Ended
	Jul. 02, 2016	Jul. 01, 2016	Mar. 31, 2016	Dec. 24, 2015	Sep. 25, 2015	Jun. 27, 2015	Jun. 26, 2015
Stockholders' Equity Note [Abstract]
Dividends, rate (per share)		$ 0.12	$ 0.11	$ 0.11	$ 0.11		$ 0.11
Dividends, aggregate value	$ 1,811,000	$ 1,811,000	$ 1,652,000	$ 1,694,000	$ 1,692,000	$ 1,691,000	$ 1,691,000
Maximum regular quarterly dividends per year permitted under credit agreement	$ 15,000

Stockholder's Equity (Common St

Stockholder's Equity (Common Stock Repurchases) (Details) $ / shares in Units, $ in Thousands	3 Months Ended		204 Months Ended
	Jul. 02, 2016USD ($)$ / sharesshares	Jun. 27, 2015USD ($)$ / sharesshares	Mar. 31, 2016USD ($)$ / sharesshares
Stockholders' Equity Note [Abstract]
Common stock purchased (shares)	39,735	141,524	11,194,933
Aggregate purchase price | $	$ 477	$ 2,795	$ 406,661
Average purchase price (in dollars per share) | $ / shares	$ 12.01	$ 19.75	$ 36.33
Payment related to tax withholding for share-based compensation | $	$ 477	$ 795
Shares paid for tax withholding for share-based compensation (shares)	39,735	40,176
Average price per share for shares repurchased from employees for tax payment for share-based compensation | $ / shares	$ 12.01	$ 19.80
Stock repurchase programs, remaining number of shares authorized to be repurchased	1,305,067
Leverage ratio at which common stock repurchases are restricted under Credit Agreement	3
Leverage ratio under credit agreement	3

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended
	Jul. 02, 2016	Jun. 27, 2015
Income Tax Disclosure [Abstract]
Provision for income taxes	$ 2,332	$ 2,074
Effective tax rate	125.60%	73.30%
Income before provision for income taxes	$ 1,856	$ 2,828

Stock-based Compensation (Detai

Stock-based Compensation (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Jul. 02, 2016	Jun. 27, 2015	Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Number of common stock shares authorized to issue (shares)	5,674,228
Common stock, par value (in US$ per share)	$ 0.001		$ 0.001
Stock-based compensation expense	$ 2,233	$ 2,279
Tax benefit from stock-based compensation expense	$ 831	$ 870

Stock-based Compensation (Stock

Stock-based Compensation (Stock Options) (Details) - Stock options [Member] - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Jul. 02, 2016	Jun. 27, 2015
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)	6 years 10 months	7 years 6 months
Risk free interest rate	1.60%	2.00%
Annual forfeiture rate	1.80%	1.50%
Expected Volatility	41.70%	43.90%
Dividend yield	3.10%	1.80%
Stock-based Compensation, Shares (in 000's) [Roll Forward]
Outstanding, beginning	1,269
Granted	381
Exercised	0
Forfeited or cancelled	(301)
Outstanding, ending	1,349
Exercisable	882
Stock-based Compensation, Weighted Average Exercise Price (Per Share) [Roll Forward]
Outstanding, beginning (in US$ per share)	$ 27.86
Granted (in US$ per share)	11.99
Exercised (in US$ per share)	0
Forfeited or cancelled (in US$ per share)	29.67
Outstanding, ending (in US$ per share)	23.79
Exercisable (in US$ per share)	$ 28
Stock-based Compensation, Additional Disclosures [Abstract]
Outstanding, Weighted Average Remaining Contractual Life	5 years
Exercisable, Weighted Average Remaining Contractual Life	3 years 2 months
Outstanding, Intrinsic Value	$ 242
Exercisable, Intrinsic Value	0
Total instrinsic value of options exercised	$ 0	$ 0
Closing stock price (in US$ per share)	$ 12.83
Stock-based Compensation, Nonvested, Shares (in 000's) [Roll Forward]
Non-vested, beginning	281
Granted	381
Vested	(133)
Forfeited	(62)
Non-vested, ending	467
Stock-based Compensation, Nonvested, Weighted Average Grant Date Fair Value (Per Share) [Roll Forward]
Non-vested, beginning (in US$ per share)	$ 8.63
Granted (in US$ per share)	3.74	$ 7.79
Vested (in US$ per share)	9
Forfeited (in US$ per share)	8.31
Non-vested, ending	$ 5.72
Total unrecognized pre-tax stock-based compensation expense related to non-vested shares	$ 1,941
Weighted-average period of recognition	2 years 5 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	3 Months Ended
	Jul. 02, 2016	Jun. 27, 2015
Stock-based Compensation Arrangements [Line Items]
Vesting period	3 years
Stock-based Compensation, Nonvested, Shares (in 000's) [Roll Forward]
Outstanding, beginning	276
Granted	292
Vested	(171)
Forfeited	(21)
Outstanding, ending	376
Stock-based Compensation, Nonvested, Weighted Average Grant Date Fair Value (Per Share) [Roll Forward]
Outstanding, beginning (in US$ per share)	$ 19.99
Granted (in US$ per share)	12.08
Vested (in US$ per share)	18.67
Forfeited (in US$ per share)	20.23
Outstanding, ending (in US$ per share)	$ 14.45
Total fair value of shares vested	$ 2,039	$ 2,979
Total unrecognized pre-tax stock-based compensation expense related to non-vested shares	$ 4,290
Weighted-average period of recognition	2 years 5 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	3 Months Ended
	Jul. 02, 2016	Jun. 27, 2015
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%	0.90%
Expected Volatility	45.10%	39.90%
Dividend yield	3.40%	2.00%
Stock-based Compensation, Nonvested, Shares (in 000's) [Roll Forward]
Outstanding, beginning	260
Granted	198
Vested	0
Forfeited	(104)
Outstanding, ending	354
Stock-based Compensation, Nonvested, Weighted Average Grant Date Fair Value (Per Share) [Roll Forward]
Outstanding, beginning (in US$ per share)	$ 23.14
Granted (in US$ per share)	11.99
Vested (in US$ per share)	0
Forfeited (in US$ per share)	25.96
Outstanding, ending (in US$ per share)	$ 16.08
Total fair value of shares vested	$ 0	$ 0
Total unrecognized pre-tax stock-based compensation expense related to non-vested shares	$ 2,255
Weighted-average period of recognition	2 years 7 months

Earnings (loss) Per Share (Deta

Earnings (loss) Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Jul. 02, 2016	Jun. 27, 2015
Earnings Per Share [Abstract]
Net income (loss)	$ (476)	$ 754
Weighted-average common shares outstanding (basic)	15,068,000	15,356,000
Effect of dilutive securities from equity awards (shares)	0	103,000
Weighted-average common shares outstanding (diluted)	15,068,000	15,459,000
Basic earnings (loss) per common share (in US$ per share)	$ (0.03)	$ 0.05
Diluted earnings (loss) per common share (in US$ per share)	$ (0.03)	$ 0.05
Non-dilutive equity awards excluded from computation of weighted-average common shares outstanding (shares)	1,071,297	1,918,615

Segment Information (Details)

Segment Information (Details) $ in Thousands	3 Months Ended
	Jul. 02, 2016USD ($)segment	Jun. 27, 2015USD ($)	Mar. 31, 2016USD ($)
Segment Reporting Information [Line Items]
Number of operating segments | segment	4
Revenues	$ 218,480	$ 229,214
Gross profit	67,653	69,651
Operating income (loss)	2,720	4,152
Depreciation	2,245	2,002
Intangibles amortization	2,451	2,613
Restructuring expense	(66)	503
Capital expenditures	2,072	1,917
Assets	464,230	677,035	$ 475,794
North America Products
Segment Reporting Information [Line Items]
Restructuring expense	43	12
North America Services
Segment Reporting Information [Line Items]
Restructuring expense	(204)	380
International Products
Segment Reporting Information [Line Items]
Restructuring expense	75	74
International Services
Segment Reporting Information [Line Items]
Restructuring expense	20	37
Operating Segments [Member] | North America Products
Segment Reporting Information [Line Items]
Revenues	19,085	20,825
Gross profit	8,934	8,879
Operating income (loss)	894	988
Depreciation	405	354
Intangibles amortization	0	0
Restructuring expense	43
Capital expenditures	1,275	400
Assets	54,979	104,121
Operating Segments [Member] | North America Services
Segment Reporting Information [Line Items]
Revenues	171,735	182,018
Gross profit	49,143	51,116
Operating income (loss)	1,147	2,354
Depreciation	1,615	1,442
Intangibles amortization	2,334	2,613
Restructuring expense	(204)
Capital expenditures	688	1,377
Assets	357,376	505,599
Operating Segments [Member] | International Products
Segment Reporting Information [Line Items]
Revenues	20,796	19,671
Gross profit	8,014	7,945
Operating income (loss)	380	319
Depreciation	182	160
Intangibles amortization	117	0
Restructuring expense	75
Capital expenditures	94	112
Assets	35,086	42,568
Operating Segments [Member] | International Services
Segment Reporting Information [Line Items]
Revenues	6,864	6,700
Gross profit	1,562	1,711
Operating income (loss)	299	491
Depreciation	43	46
Intangibles amortization	0	0
Restructuring expense	20
Capital expenditures	15	28
Assets	$ 16,789	$ 24,747

Restructuring - Summarized Chan

Restructuring - Summarized Changes to Restructuring Liability (Details) - USD ($) $ in Thousands	3 Months Ended
	Jul. 02, 2016	Jun. 27, 2015
Restructuring Reserve [Roll Forward]
Beginning balance	$ 7,284
Restructuring expense	(66)	$ 503
Cash expenditures	(1,811)
Ending balance	5,407
Employee Severance
Restructuring Reserve [Roll Forward]
Beginning balance	7,050
Restructuring expense	(114)
Cash expenditures	(1,704)
Ending balance	5,232
Facility Closures
Restructuring Reserve [Roll Forward]
Beginning balance	234
Restructuring expense	48
Cash expenditures	(107)
Ending balance	175
Other Liabilities
Restructuring Reserve [Roll Forward]
Restructuring reserve, current	$ 3,015

Restructuring - Restructuring a

Restructuring - Restructuring and Related Costs (Details) - USD ($) $ in Thousands	3 Months Ended
	Jul. 02, 2016	Jun. 27, 2015
Restructuring Cost and Reserve [Line Items]
Restructuring expense	$ (66)	$ 503
Employee Severance
Restructuring Cost and Reserve [Line Items]
Restructuring expense	(114)
Facility Closures
Restructuring Cost and Reserve [Line Items]
Restructuring expense	48
North America Products
Restructuring Cost and Reserve [Line Items]
Restructuring expense	43	12
North America Products | Employee Severance
Restructuring Cost and Reserve [Line Items]
Restructuring expense	43
North America Products | Facility Closures
Restructuring Cost and Reserve [Line Items]
Restructuring expense	0
North America Services
Restructuring Cost and Reserve [Line Items]
Restructuring expense	(204)	380
North America Services | Employee Severance
Restructuring Cost and Reserve [Line Items]
Restructuring expense	(186)
North America Services | Facility Closures
Restructuring Cost and Reserve [Line Items]
Restructuring expense	(18)
International Products
Restructuring Cost and Reserve [Line Items]
Restructuring expense	75	74
International Products | Employee Severance
Restructuring Cost and Reserve [Line Items]
Restructuring expense	26
International Products | Facility Closures
Restructuring Cost and Reserve [Line Items]
Restructuring expense	49
International Services
Restructuring Cost and Reserve [Line Items]
Restructuring expense	20	$ 37
International Services | Employee Severance
Restructuring Cost and Reserve [Line Items]
Restructuring expense	3
International Services | Facility Closures
Restructuring Cost and Reserve [Line Items]
Restructuring expense	$ 17