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Document and Entity Information - USD ($)	12 Months Ended
Document and Entity Information - USD ($)	Mar. 30, 2019	May 17, 2019	Sep. 28, 2018
Document And Entity Information
Entity Registrant Name	RBC Bearings INC
Entity Central Index Key	0001324948
Document Type	10-K
Trading Symbol	ROLL
Document Period End Date	Mar. 30, 2019
Amendment Flag	false
Current Fiscal Year End Date	--03-30
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity's Reporting Status Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Ex Transition Period	false
Entity Shell Company	false
Entity Public Float			$ 3,724,209,300
Entity Common Stock, Shares Outstanding		24,805,005
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2019

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 30, 2019	Mar. 31, 2018
Current assets:
Cash and cash equivalents	$ 29,884	$ 54,163
Accounts receivable, net of allowance for doubtful accounts of $1,430 at March 30, 2019 and $1,326 at March 31, 2018	130,735	116,890
Inventory	335,001	306,124
Prepaid expenses and other current assets	7,661	6,473
Total current assets	503,281	483,650
Property, plant and equipment, net	207,895	192,513
Goodwill	261,431	268,124
Intangible assets, net of accumulated amortization of $46,101 at March 30, 2019 and $38,880 at March 31, 2018	155,641	183,764
Other assets	19,119	14,700
Total assets	1,147,367	1,142,751
Current liabilities:
Accounts payable	49,592	45,188
Accrued expenses and other current liabilities	40,070	40,777
Current portion of long-term debt	467	19,238
Total current liabilities	90,129	105,203
Long-term debt, less current portion	43,179	154,117
Deferred income taxes	6,862	11,749
Other non-current liabilities	38,631	37,130
Total liabilities	178,801	308,199
Stockholders' equity:
Preferred stock, $.01 par value; authorized shares: 10,000,000 in 2019 and 2018; none issued or outstanding
Common stock, $.01 par value; authorized shares: 60,000,000 at March 30, 2019 and March 31, 2018, respectively; issued shares: 25,607,196 and 25,123,694 at March 30, 2019 and March 31, 2018, respectively	256	251
Additional paid-in capital	378,655	339,148
Accumulated other comprehensive loss	(7,467)	(2,285)
Retained earnings	641,894	536,978
Treasury stock, at cost, 752,913 shares and 713,687 shares at March 30, 2019 and March 31, 2018, respectively	(44,772)	(39,540)
Total stockholders' equity	968,566	834,552
Total liabilities and stockholders' equity	$ 1,147,367	$ 1,142,751

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Mar. 30, 2019	Mar. 31, 2018
Statement of Financial Position [Abstract]
Accounts receivable, allowance for doubtful accounts	$ 1,430	$ 1,326
Intangible assets, accumulated amortization	$ 46,101	$ 38,880
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, authorized	10,000,000	10,000,000
Preferred stock, issued	0	0
Preferred stock, outstanding	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, authorized	60,000,000	60,000,000
Common stock, issued	25,607,196	25,123,694
Treasury stock, shares	752,913	713,687

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Mar. 30, 2019	Mar. 31, 2018	Apr. 01, 2017
Income Statement [Abstract]
Net sales	$ 702,516	$ 674,949	$ 615,388
Cost of sales	425,863	416,412	385,177
Gross margin	276,653	258,537	230,211
Operating expenses:
Selling, general and administrative	117,504	113,124	102,922
Other, net	27,114	16,639	12,703
Total operating expenses	144,618	129,763	115,625
Operating income	132,035	128,774	114,586
Interest expense, net	5,173	7,507	8,706
Other non-operating expense	772	1,416	996
Income before income taxes	126,090	119,851	104,884
Provision for income taxes	20,897	32,710	34,261
Net income	$ 105,193	$ 87,141	$ 70,623
Net income per common share:
Basic (in dollars per share)	$ 4.32	$ 3.64	$ 3.00
Diluted (in dollars per share)	$ 4.26	$ 3.58	$ 2.97
Weighted average common shares:
Basic (in shares)	24,357,684	23,948,565	23,521,615
Diluted (in shares)	24,716,213	24,363,789	23,784,636

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Mar. 30, 2019	Mar. 31, 2018	Apr. 01, 2017
Statement of Comprehensive Income [Abstract]
Net income	$ 105,193	$ 87,141	$ 70,623
Pension and postretirement liability adjustments, net of taxes of $101	332	1,383	1,331
Foreign currency translation adjustments	(5,514)	6,155	(4,164)
Total comprehensive income	$ 100,011	$ 94,679	$ 67,790

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Mar. 30, 2019	Mar. 31, 2018	Apr. 01, 2017
Statement of Comprehensive Income [Abstract]
Pension and postretirement liability adjustments, net of taxes	$ 101	$ 101	$ 101

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Other Comprehensive Income / (Loss) [Member]	Retained Earnings (Accumulated Deficit) [Member]	Treasury Stock [Member]	Total
Balance at beginning at Apr. 02, 2016	$ 241	$ 279,420	$ (6,990)	$ 378,070	$ (29,794)	$ 620,947
Balance at beginning (in shares) at Apr. 02, 2016	24,146,767				(603,035)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income				70,623		70,623
Share-based compensation		12,111				12,111
Repurchase of common stock					$ (4,754)	(4,754)
Repurchase of common stock (in shares)					(64,896)
Exercise of equity awards	$ 7	16,163				16,170
Exercise of equity awards (in shares)	456,826
Change in net prior service cost and actuarial losses, net of taxes of$101, $415, $782 for year ended 2019, 2018 and 2017 respectively			1,331			1,331
Issuance of restricted stock
Issuance of restricted stock (in shares)	154,210
Income tax benefit on exercise of non-qualified common stock options		4,780				4,780
Currency translation adjustments			(4,164)			(4,164)
Balance at end at Apr. 01, 2017	$ 248	312,474	(9,823)	448,693	$ (34,548)	717,044
Balance at end (in shares) at Apr. 01, 2017	24,757,803				(667,931)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income				87,141		87,141
Share-based compensation		13,403				13,403
Repurchase of common stock					$ (4,992)	(4,992)
Repurchase of common stock (in shares)					(45,756)
Exercise of equity awards	$ 3	13,271				13,274
Exercise of equity awards (in shares)	255,732
Change in net prior service cost and actuarial losses, net of taxes of$101, $415, $782 for year ended 2019, 2018 and 2017 respectively			1,383			1,383
Issuance of restricted stock
Issuance of restricted stock (in shares)	110,159
Impact from adoption of ASU 2014-09 and 2016-09				1,144		1,144
Currency translation adjustments			6,155			6,155
Balance at end at Mar. 31, 2018	$ 251	339,148	(2,285)	536,978	$ (39,540)	834,552
Balance at end (in shares) at Mar. 31, 2018	25,123,694				(713,687)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income				105,193		105,193
Share-based compensation		16,087				16,087
Repurchase of common stock					$ (5,232)	(5,232)
Repurchase of common stock (in shares)					(39,226)
Exercise of equity awards	$ 5	23,266				23,271
Exercise of equity awards (in shares)	352,552
Change in net prior service cost and actuarial losses, net of taxes of$101, $415, $782 for year ended 2019, 2018 and 2017 respectively			332			332
Issuance of restricted stock
Issuance of restricted stock (in shares)	130,950
Other		154				154
Impact from adoption of ASU 2014-09 and 2016-09				(277)		(277)
Currency translation adjustments			(5,514)			(5,514)
Balance at end at Mar. 30, 2019	$ 256	$ 378,655	$ (7,467)	$ 641,894	$ (44,772)	$ 968,566
Balance at end (in shares) at Mar. 30, 2019	25,607,196				(752,913)

Consolidated Statements of Stockholders' Equity (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Mar. 30, 2019	Mar. 31, 2018	Apr. 01, 2017
Statement of Stockholders' Equity [Abstract]
Change in net prior service cost and actuarial losses, net of taxes	$ 101	$ 415	$ 782

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Mar. 30, 2019	Mar. 31, 2018	Apr. 01, 2017
Cash flows from operating activities:
Net income	$ 105,193	$ 87,141	$ 70,623
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	19,992	19,016	18,100
Excess tax benefits from stock-based compensation			(4,780)
Deferred income taxes	(4,904)	(702)	8,323
Amortization of intangible assets	9,666	9,344	9,272
Amortization of deferred financing costs	921	1,424	1,424
Consolidation and restructuring charges	16,906	6,619	1,443
Loss on extinguishment of debt	987
Stock-based compensation	16,087	13,403	12,111
Loss on disposition of assets	853	241	2,504
Gain on acquisition			(293)
Changes in operating assets and liabilities, net of acquisitions:
Accounts receivable	(17,307)	(5,934)	(7,294)
Inventory	(37,841)	(14,490)	(9,057)
Prepaid expenses and other current assets	(506)	1,088	(2,815)
Other non-current assets	(6,331)	(3,355)	(2,412)
Accounts payable	5,881	10,494	(1,397)
Accrued expenses and other current liabilities	(2,475)	(2,285)	5,480
Other non-current liabilities	1,425	8,285	10
Net cash provided by operating activities	108,547	130,289	101,242
Cash flows from investing activities:
Purchase of property, plant and equipment	(41,346)	(27,976)	(20,894)
Acquisition of businesses, net of cash acquired			(651)
Proceeds from sale of assets	1,920	87	188
Proceeds from sale of business	22,284
Net cash used in investing activities	(17,142)	(27,889)	(21,357)
Cash flows from financing activities:
Proceeds from revolving credit facility	149,250
Repayments of revolving credit facility	(110,500)	(84,000)	(84,500)
Repayments of term loans	(168,750)	(13,750)	(10,000)
Finance fees paid in connection with credit facility	(852)
Payments of notes payable	(471)	(475)	(469)
Repurchase of common stock	(5,232)	(4,992)	(4,754)
Exercise of stock options	23,271	13,274	16,170
Excess tax benefits from stock-based compensation			4,780
Net cash (used in) provided by financing activities	(113,284)	(89,943)	(78,773)
Effect of exchange rate changes on cash	(2,400)	2,783	(1,397)
Cash and cash equivalents:
(Decrease)/increase during the year	(24,279)	15,240	(285)
Cash, at beginning of year	54,163	38,923	39,208
Cash, at end of year	29,884	54,163	38,923
Supplemental disclosures of cash flow information:
Income taxes	22,141	21,045	29,699
Interest	$ 4,228	$ 6,227	$ 7,277

Organization and Business

12 Months Ended

Mar. 30, 2019

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Organization and Business

1.	Organization and Business

RBC Bearings Incorporated, together with its subsidiaries, is an international manufacturer and marketer of highly engineered precision bearings and products, which are integral to the manufacture and operation of most machines, aircraft and mechanical systems, to reduce wear to moving parts, facilitate proper power transmission, reduce damage and energy loss caused by friction and control pressure and flow. The terms “we”, “us”, “our”, “RBC” and the “Company” mean RBC Bearings Incorporated and its subsidiaries, unless the context indicates another meaning. While we manufacture products in all major categories, we focus primarily on highly technical or regulated bearing products and engineered products for specialized markets that require sophisticated design, testing and manufacturing capabilities. We believe our unique expertise has enabled us to garner leading positions in many of the product markets in which we primarily compete. Over the past fifteen years, we have broadened our end markets, products, customer base and geographic reach. We currently have 42 facilities of which 33 are manufacturing facilities in 5 countries.

The Company operates in four reportable business segments—roller bearings, plain bearings, ball bearings and engineered products—in which it manufactures roller bearing components and assembled parts and designs and manufactures high-precision roller and ball bearings. The Company sells to a wide variety of original equipment manufacturers (“OEMs”) and distributors who are widely dispersed geographically. No one customer accounted for more than 9% of the Company’s net sales in fiscal 2019, 2018 or 2017. The Company’s segments are further discussed in Part II, Item 8. “Financial Statements and Supplemental Data,” Note 18 “Reportable Segments.”

Summary of Significant Accounting Policies

12 Months Ended

Mar. 30, 2019

Accounting Policies [Abstract]

Summary of Significant Accounting Policies

2.	Summary of Significant Accounting Policies

General

The consolidated financial statements include the accounts of RBC Bearings Incorporated, Roller Bearing Company of America, Inc. (“RBCA”) and its wholly-owned subsidiaries, Industrial Tectonics Bearings Corporation (“ITB”), RBC Nice Bearings, Inc. (“Nice”), RBC Precision Products - Bremen, Inc. (“Bremen (MBC)”), RBC Precision Products - Plymouth, Inc. (“Plymouth”), RBC Lubron Bearing Systems, Inc. (“Lubron”), RBC Oklahoma, Inc. (“RBC Oklahoma”), RBC Aircraft Products, Inc. (“API”), RBC Southwest Products, Inc. (“SWP”), All Power Manufacturing Co. (“All Power”), RBC Aerostructures LLC (“AeroS”), Western Precision Aero LLC (“WPA”), Climax Metal Products Company (“CMP”), RBC Turbine Components LLC (“TCI”), Sonic Industries, Inc. (“Sonic”), Sargent Aerospace and Defense LLC (“Sargent”), Airtomic LLC. (“Airtomic”), Schaublin Holding S.A. and its wholly-owned subsidiaries Schaublin SA, RBC Bearings Polska sp. Z.o.o., RBC France SAS and Schaublin GmbH (“Schaublin”), RBC de Mexico S DE RL DE CV (“Mexico”), RBC Bearings U.K. Limited and its wholly-owned subsidiary Phoenix Bearings Limited (“Phoenix”), Allpower de Mexico S DE RL DE CV (“Tecate”) and RBC Bearings Canada, Inc. Divisions of RBCA include: RBC Corporate, RBC E-Shop, RBC Aerospace sales office and warehouse, Transport Dynamics (“TDC”), Heim (“Heim Bearings Company”), Engineered Components (“ECD”), RBC Aerocomponents (“AeroC”), PIC Design (“PIC Design”), RBC Hartsville, RBC West Trenton, RBC Bishopsville, RBC Eastern Distribution Center, Shanghai Representative office of Roller Bearing Company of America, Inc. (“RBC Shanghai”) and RBC Grand Prarie TX location. U.S. Bearings (“USB”) is a division of SWP and Schaublin USA is a division of Nice. All intercompany balances and transactions have been eliminated in consolidation.

The Company has a fiscal year consisting of 52 or 53 weeks, ending on the Saturday closest to March 31. Based on this policy, fiscal years 2019, 2018 and 2017 each contained 52 weeks. The amounts are shown in thousands, unless otherwise indicated.

Use of Estimates

The preparation of financial statements in conformity with generally accepted accounting principles requires 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. Actual results could differ from those estimates. Estimates are used for, but not limited to, the accounting for the allowance for doubtful accounts, valuation of inventories, accrued expenses, goodwill and intangible assets, depreciation and amortization, income taxes and tax reserves, pension and postretirement obligations and the valuation of options.

Revenue Recognition

On April 1, 2018, the Company adopted Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers (Topic 606). This new guidance provides a five-step model to determine when and how revenue is recognized, and requires an entity to recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services.

A contract with a customer exists when there is commitment and approval from both parties involved, the rights of the parties are identified, payment terms are defined, the contract has commercial substance and collectability of consideration is probable. The Company has determined that the contract with the customer is established when the customer purchase order is accepted or acknowledged. Long-term agreements (LTAs) are used by the Company and certain of its customers to reduce their supply uncertainty for a period of time, typically multiple years. While these LTAs define commercial terms including pricing, termination rights and other contractual requirements, they do not represent the contract with the customer for revenue recognition purposes.

When the Company accepts or acknowledges the customer purchase order, the type of good or service is defined on a line-by-line basis. Individual performance obligations are established by virtue of the individual line items identified on the sales order acknowledgment at the time of issuance. The majority of the Company’s revenue relates to the sale of goods and contains a single performance obligation for each distinct good. The remainder of the Company’s revenue from customers is generated from services performed. These services include repair and refurbishment work performed on customer-controlled assets as well as design and test work. The performance obligations for these services are also identified on the sales order acknowledgement at the time of issuance on a line-by-line basis.

Transaction price reflects the amount of consideration that the Company expects to be entitled to in exchange for transferred goods or services. A contract’s transaction price is allocated to each distinct performance obligation and revenue is recognized as the performance obligation is satisfied. For the majority of our contracts, the Company may provide distinct goods or services, in which case we separate the contract into more than one performance obligation (i.e., a good or service is individually listed in a contract or sold individually to a customer). The Company generally sells products and services with observable standalone selling prices.

The performance obligations for the majority of RBC’s product sales are satisfied at the point in time in which the products are shipped, consistent with the pattern of revenue recognition under the previous accounting standard. The Company has determined that the customer obtains control upon shipment of the product based on the shipping terms (either when it ships from RBC’s dock or when the product arrives at the customer’s dock) and recognizes revenue accordingly. Once a product has shipped, the customer is able to direct the use of, and obtain substantially all of the remaining benefits from, the asset. Approximately 94% of the Company’s revenue was recognized in this manner based on sales for the year ended March 30, 2019.

The Company has determined performance obligations are satisfied over time for customer contracts where RBC provides services to customers and also for a limited number of product sales. RBC has determined revenue recognition over time is appropriate for our service revenue contracts as they create or enhance an asset that the customer controls throughout the duration of the contract. Approximately 6% of the Company’s revenue was recognized in this manner based on sales for the year ended March 30, 2019. Revenue recognition over time is appropriate for customer contracts with product sales in which the product sold has no alternative use to RBC without significant economic loss and an enforceable right to payment exists, including a normal profit margin from the customer, in the event of contract termination. These types of contracts comprised less than 1% of total sales for the year ended March 30, 2019. For both of these types of contracts, revenue is recognized over time based on the extent of progress towards completion of the performance obligation. The Company utilizes the cost-to-cost measure of progress for over-time revenue recognition contracts as we believe this measure best depicts the transfer of control to the customer, which occurs as we incur costs on contracts. Revenues, including profits, are recorded proportionally as costs are incurred. Costs to fulfill include labor, materials, subcontractors’ costs, and other direct and indirect costs.

Contract costs are the incremental costs of obtaining and fulfilling a contract (i.e., costs that would not have been incurred if the contract had not been obtained) to provide goods and services to customers. Contract costs largely consist of design and development costs for molds, dies and other tools that RBC will own and that will be used in producing the products under the supply arrangements. These contract costs are amortized to expense on a systematic and rational basis over a period consistent with the transfer to the customer of the goods or services to which the asset relates. Costs incurred to obtain a contract are primarily related to sales commissions and are expensed as incurred as they are generally not tied to specific customer contracts. These costs are included within selling, general and administrative costs on the consolidated statements of operations.

In certain contracts, the Company facilitates shipping and handling activities after control has transferred to the customer. The Company has elected to record all shipping and handling activities as costs to fulfill a contract. In situations where the shipping and handling costs have not been incurred at the time revenue is recognized, the estimated shipping and handling costs are accrued.

Prior to the adoption of ASC Topic 606, the Company recognized revenue in accordance with ASC Topic 605. Our accounting policy was as follows:

The Company recognizes revenue only after the following four basic criteria are met:

●

Persuasive evidence of an arrangement exists;

●

Delivery has occurred or services have been rendered;

●

The seller’s price to the buyer is fixed or determinable; and

●

Collectability is reasonably assured.

Revenue is recognized upon the passage of title, which generally is at the time of shipment, except for certain customers for which it occurs when the products reach their destination. Accounts receivable, net of applicable allowances, is recorded when revenue is recorded.

We also on occasion record deferred revenue on our balance sheet as a liability. Deferred revenue represents progress payments received, primarily from one customer, to cover purchases of raw materials per the terms of multi-year long-term contracts. Revenue associated with these agreements is recognized in accordance with the criteria discussed above.

Cash and Cash Equivalents

The Company considers all highly liquid investments purchased with an original maturity of three months or less to be cash equivalents. The Company maintains its cash accounts primarily with Bank of America, N.A., Credit Suisse Group AG and Wells Fargo & Company. The domestic balances are insured by the Federal Deposit Insurance Company up to $250. The Company has not experienced any losses in such accounts.

Accounts Receivable, Net and Concentration of Credit Risk

Accounts receivable include amounts billed and currently due from customers. The amounts due are stated at their estimated net realizable value. The Company maintains an allowance for doubtful accounts for estimated losses resulting from the inability of its customers to make required payments. The Company reviews the collectability of its receivables on an ongoing basis taking into account a combination of factors. The Company reviews potential problems, such as past due accounts, a bankruptcy filing or deterioration in the customer’s financial condition, to ensure the Company is adequately accrued for potential loss. Accounts are considered past due based on when payment was originally due. If a customer’s situation changes, such as a bankruptcy or creditworthiness, or there is a change in the current economic climate, the Company may modify its estimate of the allowance for doubtful accounts. The Company will write-off accounts receivable after reasonable collection efforts have been made and the accounts are deemed uncollectible.

The Company sells to a large number of OEMs and distributors who service the aftermarket. The Company’s credit risk associated with accounts receivable is minimized due to its customer base and wide geographic dispersion. The Company performs ongoing credit evaluations of its customers’ financial condition and generally does not require collateral or charge interest on outstanding amounts. The Company had no concentrations of credit risk with any one customer greater than approximately 7% of accounts receivables at March 30, 2019 and 6% at March 31, 2018.

Inventory

Inventories are stated at the lower of cost or net realizable value. Cost is determined by the first-in, first-out method. The Company accounts for inventory under a full absorption method, and records adjustments to the value of inventory based upon past sales history and forecasted plans to sell our inventories. The physical condition, including age and quality, of the inventories is also considered in establishing its valuation. These adjustments are estimates, which could vary significantly, either favorably or unfavorably, from actual requirements if future economic conditions, customer inventory levels or competitive conditions differ from our expectations.

Contract Assets (Unbilled Receivables)

Pursuant to the over-time revenue recognition model, revenue may be recognized prior to the customer being invoiced. An unbilled receivable is recorded to reflect revenue that is recognized when (1) the cost-to-cost method is applied and (2) such revenue exceeds the amount invoiced to the customer. Contract assets are included within prepaid expenses and other current assets or other assets on the consolidated balance sheet.

Property, Plant and Equipment

Property, plant and equipment are recorded at cost. Depreciation and amortization of property, plant and equipment, including equipment under capital leases, is provided for by the straight-line method over the estimated useful lives of the respective assets or the lease term, if shorter. Depreciation of assets under capital leases is reported within depreciation and amortization. The cost of equipment under capital leases is equal to the lower of the net present value of the minimum lease payments or the fair market value of the leased equipment at the inception of the lease. Expenditures for normal maintenance and repairs are charged to expense as incurred.

The estimated useful lives of the Company’s property, plant and equipment follows:

Buildings and improvements	20-30 years
Machinery and equipment	3-15 years
Leasehold improvements	Shorter of the term of lease or estimated useful life

Goodwill and Indefinite-Lived Intangible Assets

Goodwill (representing the excess of the amount paid to acquire a company over the estimated fair value of the net assets acquired) and Indefinite Lived Intangible Assets are not amortized but instead are tested for impairment annually, or when events or circumstances indicate that the value may have declined. Separate tests are performed for goodwill and indefinite lived intangible assets. We apply a qualitative test of impairment on the indefinite lived intangible assets. This is done by assessing the existence of events or circumstances which would make it more likely than not that impairment is present. No such factors were identified during our current year analysis. The determination of any goodwill impairment is made at the reporting unit level and consists of two steps. First, the Company determines the fair value of a reporting unit and compares it to its carrying amount. Second, if the carrying amount of the reporting unit exceeds its fair value, an impairment loss is recognized for any excess of the carrying amount of the reporting unit’s goodwill over the goodwill’s implied fair value. The Company applies the income approach (discounted cash flow method) in testing goodwill for impairment. The key assumptions used in the discounted cash flow method used to estimate fair value include discount rates, revenue growth rates, terminal growth rates and cash flow projections. Discount rates, growth rates and cash flow projections are the most sensitive and susceptible to change as they require significant management judgment. Discount rates are determined by using a weighted average cost of capital (“WACC”). The WACC considers market and industry data as well as Company-specific risk factors for each reporting unit in determining the appropriate discount rate to be used. The discount rate utilized for each reporting unit for our fiscal 2019 test was 11.0% and is indicative of the return an investor would expect to receive for investing in such a business. Terminal growth rate determination follows common methodology of capturing the present value of perpetual cash flow estimates beyond the last projected period assuming a constant WACC and long-term growth rates. The terminal growth rate used for our fiscal 2019 test was 2.5%. The Company has determined that, to date, no impairment of goodwill exists and fair value of the reporting units exceeded the carrying value in total by approximately 102.7%. The fair value of the reporting units exceeds the carrying value by a minimum of 27.2% at each of the four reporting units. A decrease of 1.0% in our terminal growth rate would not result in impairment of goodwill for any of our reporting units. An increase of 1.0% in our discount rate would not result in impairment of goodwill for any of our reporting units. The Company performs the annual impairment testing during the fourth quarter of each fiscal year. Although no changes are expected, if the actual results of the Company are less favorable than the assumptions the Company makes regarding estimated cash flows, the Company may be required to record an impairment charge in the future.

Deferred Financing Costs

Deferred financing costs are amortized on a straight-line basis over the lives of the related credit agreements.

Contract Liabilities (Deferred Revenue)

The Company may receive a customer advance or deposit, or have an unconditional right to receive a customer advance, prior to revenue being recognized. Since the performance obligations related to such advances may not have been satisfied, a contract liability is established. Contract liabilities are included within accrued expenses and other current liabilities or other non-current liabilities on the consolidated balance sheets until the respective revenue is recognized. Advance payments are not considered a significant financing component as the timing of the transfer of the related goods or services is at the discretion of the customer.

Pension and Postretirement Health Care and Life Insurance Benefits

The Company has one consolidated noncontributory defined benefit pension plan covering union employees in its Heim division plant in Fairfield, Connecticut, its Bremen subsidiary plant in Plymouth, Indiana and former union employees of the Tyson subsidiary in Glasgow, Kentucky and the Nice subsidiary in Kulpsville, Pennsylvania.

The Company, for the benefit of employees at its Heim, West Trenton, Bremen and PIC facilities and former union employees of its Tyson and Nice subsidiaries, sponsors contributory defined benefit health care plans that provide postretirement medical and life insurance benefits to union employees who have attained certain age and/or service requirements while employed by the Company. The plans are unfunded and costs are paid as incurred. Postretirement benefit obligations are included in “Accrued expenses and other current liabilities” and “Other non-current liabilities” in the consolidated balance sheet.

We calculate our pension costs as required under U.S. GAAP, and the calculations and assumptions utilized require judgment. U.S. GAAP outlines the methodology used to determine pension expense or income for financial reporting purposes. Pension expense is split between operating income and non-operating income, where only the service cost component is included in operating income (within cost of sales and other, net on the consolidated statement of operations) and the non-service components are included in retirement benefits non-service expense (within other non-operating expense on the consolidated statement of operations). For purposes of determining retirement benefits non-service expense under U.S. GAAP, a calculated “market-related value” of our plan assets is used to develop the amount of deferred asset gains or losses to be amortized. The market-related value of assets is determined using actual asset gains or losses over a three-year period. Under U.S. GAAP, a “corridor” approach may be elected and applied in the recognition of asset and liability gains or losses which limits expense recognition to the net outstanding gains and losses in excess of the greater of 10% of the projected benefit obligation (PBO) or the calculated “market-related value” of assets. We do not use a “corridor” approach in the calculation of Financial Accounting Standards (FAS) pension expense.

We recognize the funded status of a postretirement benefit plan (defined benefit pension and other benefits) as an asset or liability in our consolidated balance sheets. Funded status represents the difference between the PBO of the plan and the market value of the plan’s assets. Previously unrecognized deferred amounts such as demographic or asset gains or losses and the impact of historical plan changes are included in accumulated other comprehensive income/loss. Changes in these amounts in future years will be reflected through accumulated other comprehensive income/loss and amortized in future pension expense generally over the estimated average remaining employee service period.

Income Taxes

The Company accounts for income taxes using the liability method, which requires it to recognize a current tax liability or asset for current taxes payable or refundable and a deferred tax liability or asset for the estimated future tax effects of temporary differences between the financial statement and tax reporting bases of assets and liabilities to the extent that they are realizable. Deferred tax expense (benefit) results from the net change in deferred tax assets and liabilities during the year. A valuation allowance is recorded to reduce deferred tax assets to the amount that is more likely than not to be realized. The Company is exposed to certain tax contingencies in the ordinary course of business and records those tax liabilities in accordance with the guidance for accounting for uncertain tax positions.

Temporary differences relate primarily to the timing of deductions for depreciation, stock-based compensation, goodwill amortization relating to the acquisition of operating divisions, basis differences arising from acquisition accounting, pension and retirement benefits, and various accrued and prepaid expenses. Deferred tax assets and liabilities are recorded at the rates expected to be in effect when the temporary differences are expected to reverse.

Net Income Per Common Share

Basic net income per common share is computed by dividing net income available to common stockholders by the weighted-average number of common shares outstanding.

Diluted net income per common share is computed by dividing net income by the sum of the weighted-average number of common shares and dilutive common share equivalents then outstanding using the treasury stock method. Common share equivalents consist of the incremental common shares issuable upon the exercise of stock options.

The table below reflects the calculation of weighted-average shares outstanding for each year presented as well as the computation of basic and diluted net income per common share:

	Fiscal Year Ended
	March 30, 2019		March 31, 2018		April 1, 2017
Net income	$	105,193	$	87,141	$	70,623

Denominator:
Denominator for basic net income per common share—weighted-average shares		24,357,684		23,948,565		23,521,615
Effect of dilution due to employee stock options		358,529		415,224		263,021
Denominator for diluted net income per common share—adjusted weighted-average shares		24,716,213		24,363,789		23,784,636
Basic net income per common share	$	4.32	$	3.64	$	3.00
Diluted net income per common share	$	4.26	$	3.58	$	2.97

At March 30, 2019, 256,990 employee stock options and 1,500 restricted shares have been excluded from the calculation of diluted earnings per share. At March 31, 2018, 217,280 employee stock options and 53,073 restricted shares have been excluded from the calculation of diluted earnings per share. At April 1, 2017, 459,500 employee stock options and 3,000 restricted shares have been excluded from the calculation of diluted earnings per share. The inclusion of these employee stock options and restricted shares would be anti-dilutive.

Impairment of Long-Lived Assets

The Company assesses the net realizable value of its long-lived assets and evaluates such assets for impairment whenever indicators of impairment are present. For amortizable long-lived assets to be held and used, if indicators of impairment are present, management determines whether the sum of the estimated undiscounted future cash flows is less than the carrying amount. The amount of asset impairment, if any, is based on the excess of the carrying amount over its fair value, which is estimated based on projected discounted future operating cash flows using a discount rate reflecting the Company’s average cost of funds. To date, no indicators of impairment exist other than those resulting in the restructuring charges already recorded.

Long-lived assets to be disposed of by sale or other means are reported at the lower of carrying amount or fair value, less costs to sell.

Foreign Currency Translation and Transactions

Assets and liabilities of the Company's foreign operations are translated into U.S. dollars using the exchange rate in effect at the balance sheet date. Results of operations are translated using the average exchange rate prevailing throughout the period. The effects of exchange rate fluctuations on translating foreign currency assets and liabilities into U.S. dollars are included in accumulated other comprehensive income (loss), while gains and losses resulting from foreign currency transactions are included in other non-operating expense (income). Net income of the Company's foreign operations for fiscal 2019, 2018 and 2017 amounted to $7,180, $776 and $7,414, respectively. Total assets of the Company's foreign operations were $115,789 and $135,801 at March 30, 2019 and March 31, 2018, respectively.

Fair Value of Measurements

Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (exit price). Inputs used to measure fair value are within a hierarchy consisting of three levels. Level 1 inputs represent unadjusted quoted prices in active markets for identical assets or liabilities. Level 2 inputs represent unadjusted quoted prices in active markets for similar assets or liabilities, or unadjusted quoted prices for identical or similar assets or liabilities in markets that are not active, or inputs other than quoted prices that are observable for the asset or liability. Level 3 inputs represent unobservable inputs for the asset or liability. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement.

The carrying amounts reported in the balance sheet for cash and cash equivalents, short-term investments, accounts receivable, prepaids and other current assets, and accounts payable and accruals, and other current liabilities approximate their fair value due to their short-term nature.

The carrying amounts of the Company's borrowings under the Revolver and Schaublin mortgage approximate fair value, as these obligations have interest rates which vary in conjunction with current market conditions. The carrying value of the mortgage on our Schaublin building approximates fair value as the rates since entering into the mortgage in fiscal 2013 have not significantly changed. Both borrowings have been classified as Level 2 in the valuation hierarchy.

Accumulated Other Comprehensive Income (Loss)

The components of comprehensive income (loss) that relate to the Company are net income, foreign currency translation adjustments and pension plan and postretirement benefits, all of which are presented in the consolidated statements of stockholders’ equity and comprehensive income (loss).

The following summarizes the activity within each component of accumulated other comprehensive income (loss), net of taxes:

	Currency Translation			Pension and Postretirement Liability			Total
Balance at March 31, 2018	$	2,213		$	(4,498	)	$	(2,285	)
Other comprehensive income before reclassifications		(5,514	)		(440	)		(5,954	)
Amounts reclassified from accumulated other comprehensive loss		—			772			772
Net current period other comprehensive income		(5,514	)		332			(5,182	)
Balance at March 30, 2019	$	(3,301	)	$	(4,166	)	$	(7,467	)

Share-Based Compensation

The Company recognizes compensation cost relating to all share-based payment transactions in the financial statements based upon the grant-date fair value of the instruments issued over the requisite service period. The fair value of each option grant was estimated on the date of grant using the Black-Scholes pricing model.

Recent Accounting Pronouncements

Recent Accounting Standards Adopted

In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers (Topic 606). The Company adopted this standard on April 1, 2018. This new guidance provides a five-step model to determine when and how revenue is recognized, and requires an entity to recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. Our accounting policy as a result of adoption has been disclosed within our Summary of Significant Accounting Policies of this Form 10-K. Refer to Note 3 – “Revenue from Contracts with Customers” for further details regarding required disclosures.

In June 2018, the FASB issued ASU No. 2018-07, Compensation – Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting, as part of its simplification initiative. This update will expand the scope of Topic 718 to include share-based payment transactions for acquiring goods and services from nonemployees. This ASU also clarifies that Topic 718 does not apply to share-based payments used to effectively provide (1) financing to the issuer or (2) awards granted in conjunction with selling goods or services to customers as part of a contract accounted for under Topic 606. This update is effective for public companies for fiscal years beginning after December 15, 2018, including interim periods within that year. Early adoption is permitted, but no earlier than a company’s adoption of Topic 606. The Company has early adopted this ASU in the second quarter of fiscal 2019 and it did not have a material impact on the Company’s consolidated financial statements.

In May 2017, the FASB issued ASU No. 2017-09, Compensation – Stock Compensation (Topic 718): Scope of Modification Accounting, in an effort to reduce diversity in practice as it relates to applying modification accounting for changes to the terms and conditions of share-based payment awards. This ASU was effective for public companies for financial statements issued for annual periods beginning after December 15, 2017, including interim periods within those annual periods. Early adoption was permitted. The Company adopted this ASU on April 1, 2018 and it did not have a material impact on the Company’s consolidated financial statements.

In March 2017, the FASB issued ASU No. 2017-07, Compensation – Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost, in an effort to improve the presentation of these costs within the income statement. Prior to this ASU, all components of both net periodic pension cost and net periodic postretirement cost were included within the same line items as other compensation costs arising from services rendered by pertinent employees during the period on the income statement. This ASU requires entities to include only the service cost component within those line items and all other components are to be included within other non-operating expense. In addition, only the service cost component would be eligible for capitalization when applicable (for example, as a cost of internally manufactured inventory or a self-constructed asset). The amendments in this ASU should be applied retrospectively for the presentation of the service cost component and the other components of net periodic pension cost and net periodic postretirement benefit cost in the income statement and prospectively, on and after the effective date, for the capitalization of the service cost component of net periodic pension cost and net periodic postretirement benefit in assets. This ASU was effective for public companies for the financial statements issued for annual periods beginning after December 15, 2017, including interim periods within those annual periods. A practical expedient allows the Company to use the amount disclosed for net periodic benefit costs for the prior comparative periods as the estimation basis for applying the retrospective presentation requirements. The Company retrospectively adopted the ASU on April 1, 2018 and utilized this practical expedient. The adoption of this ASU resulted in the reclassification of $633 of net periodic benefit cost from compensation costs ($426 included within cost of sales and $207 within other, net) to other non-operating expense on the consolidated statement of operations for the fiscal year ended March 31, 2018 and $893 of net periodic benefit cost from compensation costs ($615 included within cost of sales and $278 within other, net) to other non-operating expense on the consolidated statement of operations for the fiscal year ended April 1, 2017.

In October 2016, the FASB issued ASU No. 2016-16, Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory, in an effort to improve the accounting for the income tax consequences of intra-entity transfers of assets other than inventory. Previous GAAP prohibited the recognition of current and deferred income taxes for an intra-entity asset transfer until the asset has been sold to an outside party. This ASU established the requirement that an entity recognize the income tax consequences of an intra-entity transfer of an asset other than inventory when the transfer occurs. This ASU was effective for public companies for the financial statements issued for annual periods beginning after December 15, 2017 and interim periods within those annual periods. Earlier adoption was permitted as of the beginning of an interim or annual reporting period, with any adjustments reflected as of the beginning of the fiscal year of adoption. The Company adopted this ASU on April 1, 2018 and it did not have a material impact on the Company’s consolidated financial statements.

In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments, which addresses eight specific cash flow issues with the objective of reducing the existing diversity in practice. This ASU was effective for public companies for the financial statements issued for annual periods beginning after December 15, 2017 and interim periods within those annual periods. Earlier adoption was permitted as of the beginning of an interim or annual reporting period, with any adjustments reflected as of the beginning of the fiscal year of adoption. The Company adopted this ASU on April 1, 2018 and it did not have a material impact on the Company’s consolidated financial statements.

In March 2016, the FASB issued ASU No. 2016-09, Compensation – Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting. This ASU includes provisions intended to simplify various aspects related to how share-based payments are accounted for and presented in the financial statements. The Company adopted this standard on April 2, 2017. As a result of the adoption, the Company began recording the tax effects associated with stock-based compensation through the income statement on a prospective basis which resulted in a tax benefit of $5,679 and $4,917 for the twelve months ended March 30, 2019 and March 31, 2018, respectively. Prior to adoption, these amounts would have been recorded as an increase to additional paid-in capital. This change may create volatility in the Company's effective tax rate. The adoption of this standard also resulted in a cumulative effect change to opening retained earnings of $1,144 for previously unrecognized excess tax benefits.

In addition, the Company will prospectively classify all tax-related cash flows resulting from share-based payments, including the excess tax benefits related to the settlement of stock-based awards, as cash flows from operating activities in the statement of cash flows. Prior to the adoption of this standard, these were shown as cash inflows from financing activities and cash outflows from operating activities.

The adoption of the ASU also resulted in the Company removing the excess tax benefits from the assumed proceeds available to repurchase shares when calculating diluted earnings per share on a prospective basis. The revised calculation increased the diluted weighted average common shares outstanding by approximately 111 thousand shares in the period of adoption. The Company also made an accounting policy election to continue to estimate forfeitures as it did prior to adoption.

Recent Accounting Standards Yet to Be Adopted

In February 2018, the FASB issued ASU No. 2018-02, Income Statement – Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income which allows companies to reclassify stranded tax effects resulting from the TCJA from accumulated other comprehensive income to retained earnings. These stranded tax effects refer to the tax amounts included in accumulated other comprehensive income at the previous 35% U.S. corporate statutory federal tax rate, for which the related deferred tax asset or liability was remeasured to the new 21% U.S. corporate statutory federal tax rate in the period of the TCJA’s enactment. The new standard is effective for fiscal years beginning after December 15, 2018, with early adoption permitted, and can be applied either in the period of adoption or retrospectively to each period impacted by the TCJA. The Company is evaluating the effect of adopting this new accounting guidance, but does not expect adoption will have a material impact on the Company’s financial position as the adjustment will be between accumulated other comprehensive income and retained earnings, both of which are components of total stockholders’ equity.

In January 2017, the FASB issued ASU No. 2017-04, Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment. The objective of this standard update is to simplify the subsequent measurement of goodwill, eliminating Step 2 from the goodwill impairment test. Under this ASU, an entity should perform its annual goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount. An entity would recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value, assuming the loss recognized does not exceed the total amount of goodwill for the reporting unit. The standard update is effective for fiscal years beginning after December 15, 2019. Early adoption is permitted. The adoption of this ASU is not expected to have a material impact on the Company’s consolidated financial statements.

In September 2016, the FASB issued ASU No. 2016-13, Financial Instruments – Credit Losses (Topic 326), Measurement of Credit Losses on Financial Instruments, which changes how entities will measure credit losses for most financial assets and certain other instruments that are not measured at fair value through net income. The new guidance will replace the current incurred loss approach with an expected loss model. The new expected credit loss impairment model will apply to most financial assets measured at amortized cost and certain other instruments, including trade and other receivables, loans, held-to-maturity debt instruments, net investments in leases, loan commitments and standby letters of credit. Upon initial recognition of the exposure, the expected credit loss model requires entities to estimate the credit losses expected over the life of an exposure (or pool of exposures). The estimate of expected credit losses should consider historical information, current information and reasonable and supportable forecasts, including estimates of prepayments. Financial instruments with similar risk characteristics should be grouped together when estimating expected credit losses. ASU 2016-13 does not prescribe a specific method to make the estimate, so its application will require significant judgment. This ASU is effective for public companies in fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. The Company is currently evaluating the effect that the adoption of this ASU will have on the Company’s consolidated financial statements.

In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842). The core principle of this ASU is that an entity should recognize on its balance sheet assets and liabilities arising from a lease. In accordance with that principle, ASU 2016-02 requires that a lessee recognize a liability to make lease payments (the lease liability) and a right-of-use asset representing its right to use the underlying leased asset for the lease term. The recognition, measurement, and presentation of expenses and cash flows arising from a lease by a lessee will depend on the lease classification as a finance or operating lease. This new accounting guidance is effective for public companies for fiscal years beginning after December 15, 2018 and early adoption is permitted. The Company has formed an implementation team to assess its leases as defined under the new accounting standard and anticipates making certain changes to existing processes, policies and systems during implementation. The Company expects to recognize right-of-use assets and lease liabilities for operating lease commitments on the consolidated balance sheet but does not expect the amended guidance to have a material impact on cash flows, results of operations or debt covenant compliance.

The Company has elected the modified retrospective transition method which permits the application of the new lease standard at the adoption date and recognize a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. The Company has elected not to apply the recognition requirements to short-term leases, and will recognize the lease payments in the income statement on a straight-line basis over the lease term and variable payments in the period in which the obligation for those payments is incurred. The Company has elected the following practical expedients (which must be elected as a package and applied consistently to all leases): an entity need not reassess whether any expired or existing contracts are or contain leases; an entity need not reassess the lease classification for any expired or existing leases; and an entity need not reassess initial direct costs for any existing leases. The Company has also elected the practical expedient which permits the inclusion of lease and nonlease components as a single component and account for it as a lease. This election must be made by asset class.

Other new pronouncements issued but not effective until after March 30, 2019 are not expected to have a material impact on our financial position, results of operations or liquidity.

Revenue from Contracts with Customers

12 Months Ended

Mar. 30, 2019

Revenue from Contract with Customer [Abstract]

Revenue from Contracts with Customers

3.	Revenue from Contracts with Customers

Adoption Method and Impact

The Company adopted ASC Topic 606 using the modified retrospective method and applied the related provisions to all open contracts. The Company recognized the cumulative effect of initially applying the new revenue standard as an adjustment to the opening balance of retained earnings. The comparative information has not been restated and continues to be reported under the accounting standards in effect for those periods. As a result of adoption, the Company recognized a $277 decrease to retained earnings at the beginning of the 2019 fiscal year for the cumulative effect of adoption of this standard, representing the impact to prior results had the over-time revenue recognition model been applied to service contracts. Contract assets of $1,323 and contract liabilities of $754 were recorded, along with an $847 reduction to work-in-process inventory as a result of the ASC Topic 606 adoption using the modified retrospective method.

In addition, as a result of the accounting changes resulting from this new accounting standard, sales, operating income and net income for the fiscal year ended March 30, 2019 increased by $1,278, $666 and $574, respectively. Basic and diluted net income per common share each increased by $0.02 for the fiscal year ended March 30, 2019 as revenue from service contracts was accelerated into the period as a result of the change to an over-time revenue recognition model. On the consolidated balance sheet, work-in-process inventory was $1,260 lower at March 30, 2019 than it would have been under the previous accounting guidance. In addition, prepaids and other current assets, accrued expenses and other current liabilities, and retained earnings increased by $1,895, $2,085 and $297, respectively. The changes in other current assets and accrued expenses were directly related to the activity within the customer contract assets and liabilities.

Disaggregation of Revenue

The Company operates in four business segments with similar economic characteristics, including nature of the products and production processes, distribution patterns and classes of customers. Revenue is disaggregated within these business segments by our two principal end markets: aerospace and industrial. Comparative information of the Company’s overall revenues for the years ended March 30, 2019, March 31, 2018 and April 1, 2017 are as follows:

Principal End Markets:


	For the Fiscal Year Ended
	March 30, 2019
	Aerospace		Industrial		Total
Plain	$	238,259	$	84,992	$	323,251
Roller		70,682		73,150		143,832
Ball		21,621		50,686		72,307
Engineered Products		100,571		62,555		163,126
	$	431,133	$	271,383	$	702,516

	For the Fiscal Year Ended
	March 31, 2018
	Aerospace		Industrial		Total
Plain	$	220,649	$	76,059	$	296,708
Roller		65,496		66,525		132,021
Ball		18,076		49,730		67,806
Engineered Products		114,490		63,924		178,414
	$	418,711	$	256,238	$	674,949

	For the Fiscal Year Ended
	April 1, 2017
	Aerospace		Industrial		Total
Plain	$	211,624	$	66,076	$	277,700
Roller		61,461		48,022		109,483
Ball		16,972		41,476		58,448
Engineered Products		113,787		55,970		169,757
	$	403,844	$	211,544	$	615,388

In addition to disaggregating revenue by segment and principal end markets, the Company believes information about the timing of transfer of goods or services, type of customer and distinguishing service revenue from product sales is also relevant. Refer to Note 2 – “Summary of Significant Accounting Policies” for further details.

Remaining Performance Obligations

Remaining performance obligations represent the transaction price of orders meeting the definition of a contract in the new revenue standard for which work has not been performed or has been partially performed and excludes unexercised contract options. The duration of the majority of our contracts, as defined by ASC Topic 606, is less than one year. The Company has elected to apply the practical expedient, which allows companies to exclude remaining performance obligations with an original expected duration of one year or less. Performance obligations having a duration of more than one year are concentrated in contracts for certain products and services provided to the U.S. government or its contractors. The aggregate amount of the transaction price allocated to remaining performance obligations for such contracts with a duration of more than one year was approximately $219,298 at March 30, 2019. The Company expects to recognize revenue on approximately 71% and 95% of the remaining performance obligations over the next 12 and 24 months, respectively, with the remainder recognized thereafter.

Contract Balances

The timing of revenue recognition, invoicing and cash collections affect accounts receivable, unbilled receivables (contract assets) and customer advances and deposits (contract liabilities) on the consolidated balance sheets.

Contract Assets (Unbilled Receivables) - Pursuant to the over-time revenue recognition model, revenue may be recognized prior to the customer being invoiced. An unbilled receivable is recorded to reflect revenue that is recognized when (1) the cost-to-cost method is applied and (2) such revenue exceeds the amount invoiced to the customer.

Contract Liabilities (Deferred Revenue) - The Company may receive a customer advance or deposit, or have an unconditional right to receive a customer advance, prior to revenue being recognized. Since the performance obligations related to such advances may not have been satisfied, a contract liability is established. Advance payments are not considered a significant financing component as the timing of the transfer of the related goods or services is at the discretion of the customer.

These assets and liabilities are reported on the consolidated balance sheet on an individual contract basis at the end of each reporting period. As of March 30, 2019 and March 31, 2018, accounts receivable with customers, net, were $130,735 and $116,890, respectively. The tables below represent a roll-forward of contract assets and contract liabilities for the twelve-month period ended March 30, 2019:

Contract Assets - Current ⁽¹⁾

Balance at April 1, 2018	$	1,323
Additional revenue recognized in excess of billings		3,928
Less: amounts billed to customers		(3,356	)
Balance at March 30, 2019	$	1,895
(1) Included within prepaid expenses and other current assets on the consolidated balance sheet.

Contract Liabilities – Current ⁽²⁾

Balance at April 1, 2018	$	14,450
Payments received prior to revenue being recognized		14,773
Revenue recognized		(19,769	)
Reclassification to/from noncurrent		667
Balance at March 30, 2019	$	10,121
(2) Included within accrued expenses and other current liabilities on the consolidated balance sheet.

Contract Liabilities – Noncurrent ⁽³⁾

Balance at April 1, 2018	$	1,254
Reclassification to/from current		(667	)
Balance at March 30, 2019	$	587
(3) Included within other non-current liabilities on the consolidated balance sheet.

As of March 30, 2019, the Company does not have any contract assets classified as noncurrent on the consolidated balance sheet.

Allowance for Doubtful Accounts

12 Months Ended

Mar. 30, 2019

Receivables [Abstract]

Allowance for Doubtful Accounts

The activity in the allowance for doubtful accounts consists of the following:

Fiscal Year Ended	Balance at Beginning of Year		Additions		Other*			Write-offs			Balance at End of Year
March 30, 2019	$	1,326	$	203	$	(85	)	$	(14	)	$	1,430
March 31, 2018		1,213		125		73			(85	)		1,326
April 1, 2017		1,324		96		(157	)		(50	)		1,213

*Foreign currency, disposition and acquisition transactions.

Inventory

12 Months Ended

Mar. 30, 2019

Inventory Disclosure [Abstract]

Inventory

5.	Inventory

Inventories are summarized below:

	March 30, 2019		March 31, 2018
Raw materials	$	48,690	$	44,102
Work in process		90,820		77,890
Finished goods		195,491		184,132
	$	335,001	$	306,124

Property, Plant and Equipment

12 Months Ended

Mar. 30, 2019

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

6.	Property, Plant and Equipment

Property, plant and equipment consist of the following:

	March 30, 2019			March 31, 2018
Land	$	18,735		$	19,723
Buildings and improvements		86,477			86,237
Machinery and equipment		289,467			259,645
		394,679			365,605
Less: accumulated depreciation and amortization		(186,784	)		(173,092	)
	$	207,895		$	192,513

Restructuring of Operations

12 Months Ended

Mar. 30, 2019

Restructuring and Related Activities [Abstract]

Restructuring of Operations

7.	Restructuring of Operations

Sale of Miami Division

On November 28, 2018, the Company sold its Avborne Accessory Group, Inc. subsidiary (“Miami division”) for a sales price of $22,284, subject to a final working capital adjustment. The Miami division, which is based in Miami, Florida, provides maintenance, repair and overhaul services (“MRO”) for a wide variety of aircraft accessories. As a result of the transaction, the Company recorded an after-tax loss of $12,754 associated with the restructuring in the third quarter of fiscal 2019 attributable to the Engineered Products segment. The $12,754 loss was comprised of $22,284 of proceeds received less transaction costs of $1,690, charges associated with goodwill of $6,691, intangible assets of $20,373 and other net assets of $10,332, partially offset by a $4,048 tax benefit. The pre-tax loss of $16,802 was recognized within other, net within the consolidated statement of operations. Prior to the transaction, the Franklin, IN division, which was previously included within Avborne Accessory Group, Inc., was transferred to a separate subsidiary of the Company named Airtomic LLC. In the fourth quarter of fiscal 2019, the Company recognized income of $258 upon realization of actual costs associated with the wind-down of the business.

Restructuring of Canadian Operations

In the second quarter of fiscal 2018, the Company reached a decision to restructure its manufacturing operation in Montreal, Canada. After completing its obligations, the Company closed its RBC Canada location and consolidated certain residual assets into other locations. As a result, the Company recorded an after-tax charge of $5,577 associated with the restructuring in the second quarter of fiscal 2018 attributable to the Engineered Products segment. The $5,577 charge included a $1,337 impairment of fixed assets and a $5,157 impairment of intangible assets offset by a $917 tax benefit. The impairment charges were recognized within other, net within the consolidated statement of operations. The Company determined that the market approach was the most appropriate method to estimate the fair value of the fixed assets using comparable sales data and actual quotes from potential buyers in the market place. The fixed assets were comprised of land, a building, machinery and equipment. The Company assessed the fair value of the intangible assets in accordance with ASC 360-10, which were comprised of customer relationships, product approvals, tradenames and trademarks. These fair value measurements were classified as Level 3 in the valuation hierarchy. In the third and fourth quarters of fiscal 2018, the Company incurred restructuring charges of $1,091 and $100, respectively, comprised primarily of employee termination costs and building maintenance costs. These costs were recorded within other, net within the consolidated statement of operations and are all attributable to the Engineered Products segment. The impact from restructuring in fiscal 2019 has been immaterial. The total cumulative impact resulting from the restructuring was $6,743 in after-tax charges, all attributable to the Engineered Products segment.

Goodwill and Intangible Assets

12 Months Ended

Mar. 30, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

8.	Goodwill and Intangible Assets

Goodwill

Goodwill balances, by segment, consist of the following:

	Roller		Plain		Ball		Engineered Products			Total
March 31, 2018	$	16,007	$	79,597	$	5,623	$	166,897		$	268,124
Disposition		—		—		—		(6,691	)		(6,691	)
Translation adjustments		—		—		—		(2	)		(2	)
March 30, 2019	$	16,007	$	79,597	$	5,623	$	160,204		$	261,431

$6,691 of goodwill was included in the net loss on the sale of the Miami division during the third quarter of fiscal 2019. Miami was previously included within the Engineered Products (“EP”) Reporting Unit (“RU”). When a business within an RU is sold, the Company is required to perform an interim goodwill impairment test on that RU which consists of two steps. First, the Company determines the fair value of the RU and compares it to its carrying amount. Second, if the carrying amount of the RU exceeds its fair value, an impairment loss is recognized for any excess of the carrying amount of the RU’s goodwill over the goodwill’s implied fair value. The Company conducted this interim test over the EP RU as of the date of sale (November 28, 2018) using the same approach used during our most recent annual test (the income approach, also known as the discounted cash flow method). The discount rate utilized for the EP RU for our interim test was 11.0% and is indicative of the return an investor would expect to receive for investing in such a business. The terminal growth rate used for our interim test was 2.5%. The Company has determined that, at that date, no impairment of goodwill existed and fair value of the EP RU exceeded the carrying value in total by approximately 21.9%. The Company performed the annual impairment testing during the fourth quarter of fiscal 2019 for all of the Company’s RUs. All of the Company’s RUs passed the impairment assessment.

Intangible Assets

			March 30, 2019				March 31, 2018
	Weighted Average Useful Lives		Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Product approvals		24	$	50,878	$	10,481	$	50,878	$	8,351
Customer relationships and lists		24		96,458		19,149		106,583		16,499
Trade names		10		15,959		7,447		18,734		6,765
Distributor agreements		5		722		722		722		722
Patents and trademarks		16		10,534		5,540		9,657		4,810
Domain names		10		437		437		437		430
Other		3		2,473		2,325		1,433		1,303
				177,461		46,101		188,444		38,880

Non-amortizable repair station certifications		n/a		24,281		—		34,200		—
Total		22	$	201,742	$	46,101	$	222,644	$	38,880

$9,919 of net assets associated with the repair station certifications, $8,674 of net assets associated with customer relationships, and $1,780 of net assets associated with trade names were included in the net loss on the sale of the Miami division during the third quarter of fiscal 2019.

Amortization expense for definite-lived intangible assets during fiscal years 2019, 2018 and 2017 was $9,666, $9,344 and $9,272, respectively. Estimated amortization expense for the five succeeding fiscal years and thereafter is as follows:

2020	$	8,050
2021		8,001
2022		7,882
2023		7,802
2024		7,670
2025 and thereafter		91,955

Accrued Expenses and Other Current Liabilities

12 Months Ended

Mar. 30, 2019

Other Liabilities, Noncurrent [Abstract]

Accrued Expenses and Other Current Liabilities

9.	Accrued Expenses and Other Current Liabilities

The significant components of accrued expenses and other current liabilities are as follows:

	March 30, 2019		March 31, 2018
Employee compensation and related benefits	$	14,485	$	14,240
Taxes		4,789		2,939
Deferred revenue		10,121		13,613
Workers compensation		2,685		2,086
Legal		1,184		1,228
Other		6,806		6,671
	$	40,070	$	40,777

Debt

12 Months Ended

Mar. 30, 2019

Debt Disclosure [Abstract]

Debt

10.

Debt

Credit Facility

In connection with the Sargent Aerospace & Defense acquisition on April 24, 2015, the Company entered into a credit agreement (the “Credit Agreement”) and related Guarantee, Pledge Agreement and Security Agreement with Wells Fargo Bank, National Association, as Administrative Agent, Collateral Agent, Swingline Lender and Letter of Credit Issuer, and the other lenders party thereto and terminated the Company’s prior credit agreement with JP Morgan. The Credit Agreement provided the Company with a $200,000 term loan (the “Term Loan”) and a $350,000 revolving credit facility and was to expire on April 24, 2020.

On May 31, 2018, the Company paid off the remaining balance of the Term Loan and wrote off $987 in unamortized debt issuance costs associated with the Term Loan which were recorded within other non-operating expense on the consolidated statements of operations.

On January 31, 2019, the Company amended the Credit Agreement with Wells Fargo Bank, National Association, as Administrative Agent, Collateral Agent, Swingline Lender and Letter of Credit Issuer, and the other lenders party thereto. The Credit Agreement as so amended (the “Amended Credit Agreement”) now provides the Company with a $250,000 revolving credit facility (the “Revolver”). The Revolver expires on January 31, 2024. Debt issuance costs associated with the Amended Credit Agreement totaled $852 and will be amortized through January 31, 2024 along with the unamortized debt issuance costs remaining from the Credit Agreement.

Amounts outstanding under the Revolver generally bear interest at (a) a base rate determined by reference to the higher of (1) Wells Fargo’s prime lending rate, (2) the federal funds effective rate plus 1/2 of 1% and (3) the one-month LIBOR rate plus 1%, or (b) LIBOR plus a specified margin, depending on the type of borrowing being made. The applicable margin is based on the Company's consolidated ratio of total net debt to consolidated EBITDA at each measurement date. Currently, the Company's margin is 0.00% for base rate loans and 0.75% for LIBOR loans.

The Amended Credit Agreement requires the Company to comply with various covenants, including among other things, a financial covenant to maintain a ratio of consolidated net debt to adjusted EBITDA not greater than 3.50 to 1. The Amended Credit Agreement allows the Company to, among other things, make distributions to shareholders, repurchase its stock, incur other debt or liens, or acquire or dispose of assets provided that the Company complies with certain requirements and limitations of the Amended Credit Agreement. As of March 30, 2019, the Company was in compliance with all such covenants.

The Company’s domestic subsidiaries have guaranteed the Company’s obligations under the Amended Credit Agreement. The Company’s obligations under the Amended Credit Agreement and the domestic subsidiaries’ guarantee are secured by a pledge of substantially all of the domestic assets of the Company and its domestic subsidiaries.

Approximately $3,990 of the Revolver is being utilized to provide letters of credit to secure the Company’s obligations relating to certain insurance programs. As of March 30, 2019, $1,912 in unamortized debt issuance costs remain. The Company has the ability to borrow up to an additional $206,760 under the Revolver as of March 30, 2019.

Other Notes Payable

On October 1, 2012, one of our foreign divisions, Schaublin, purchased the land and building, that it occupied and had been leasing for CHF 14,067 (approximately $14,910 ). Schaublin obtained a 20-year fixed-rate mortgage of CHF 9,300 (approximately $9,857) at an interest rate of 2.9%. The balance of the purchase price of CHF 4,767 (approximately $5,053) was paid from cash on hand. The balance on this mortgage as of March 30, 2019 was CHF 6,278, or $6,308.

The balances payable under all borrowing facilities are as follows:

	March 30, 2019			March 31, 2018
Revolver and term loan facilities	$	39,250		$	169,250
Debt issuance cost		(1,912	)		(2,968	)
Other		6,308			7,073
Total debt		43,646			173,355
Less: current portion		467			19,238
Long-term debt	$	43,179		$	154,117

The current portion of long-term debt as of both March 30, 2019 and March 31, 2018 includes the current portion of the Schaublin mortgage and the current portion of the Revolver and Term Loan.

The Company’s required future annual principal payments for the next five years and thereafter are $467 for fiscal 2020, $467 for fiscal 2021, $467 for fiscal 2022, $467 for fiscal 2023, $39,717 for fiscal 2024 and $3,973 thereafter.

Other Non-Current Liabilities

12 Months Ended

Mar. 30, 2019

Other Liabilities, Noncurrent [Abstract]

Other Non-Current Liabilities

11.

Other Non-Current Liabilities

The significant components of other non-current liabilities consist of:

	March 30, 2019		March 31, 2018
Other postretirement benefits	$	2,358	$	2,450
Non-current income tax liability		19,854		20,176
Deferred compensation		15,425		13,620
Other		994		884
	$	38,631	$	37,130

Pension Plan

12 Months Ended

Mar. 30, 2019

Retirement Benefits [Abstract]

Pension Plan

12.

Pension Plan

At March 30, 2019, the Company has one consolidated noncontributory defined benefit pension plan covering union employees in its Heim division plant in Fairfield, Connecticut, its Bremen subsidiary plant in Plymouth, Indiana and former union employees of the Tyson subsidiary in Glasgow, Kentucky and the Nice subsidiary in Kulpsville, Pennsylvania.

Plan assets are comprised primarily of equity and fixed income investments, as follows:

	March 30, 2019		March 31, 2018
Cash and cash equivalents	$	925	$	1,107
U.S. equity mutual funds		20,310		18,881
International equity mutual funds		1,876		1,985
Fixed income mutual funds		3,052		2,936
	$	26,163	$	24,909

The fair value of the above investments is determined using quoted market prices of identical instruments. Therefore, the valuation inputs within the fair value hierarchy established by ASC 820 are classified as Level 1 of the valuation hierarchy.

The following tables set forth the funded status of the Company’s defined benefit pension plan and the amount recognized in the balance sheet at March 30, 2019 and March 31, 2018:

	March 30, 2019			March 31, 2018
Change in benefit obligation:
Benefit obligation at beginning of year	$	24,570		$	25,049
Service cost		258			232
Interest cost		885			904
Actuarial gain		389			(38	)
Benefits paid		(1,595	)		(1,577	)
Benefit obligation at end of year	$	24,507		$	24,570

Change in plan assets:
Fair value of plan assets at beginning of year	$	24,909		$	23,154
Actual return on plan assets		1,349			1,832
Employer contributions		1,500			1,500
Benefits paid		(1,595	)		(1,577	)
Fair value of plan assets at end of year	$	26,163		$	24,909

Overfunded status at end of year	$	1,656		$	339

Amounts recognized in the consolidated balance sheet:

Non-current assets	$	1,656		$	339

Amounts recognized in accumulated other comprehensive loss:

Prior service cost	$	37		$	71
Net actuarial loss		7,307			7,596
Accumulated other comprehensive loss	$	7,344		$	7,667

Amounts included in accumulated other comprehensive loss expected to be recognized as components of net periodic benefit cost in 2020:

Prior service cost	$	35
Net actuarial loss		887
Total	$	922

Benefits under the union plans are not a function of employees’ salaries; thus, the accumulated benefit obligation equals the projected benefit obligation.

The following table sets forth net periodic benefit cost of the Company’s plan for the three fiscal years in the period ended March 30, 2019:

	Fiscal Year Ended
	March 30, 2019			March 31, 2018			April 1, 2017
Components of net periodic benefit cost:
Service cost	$	258		$	232		$	251
Interest cost		885			904			889
Expected return on plan assets		(1,667	)		(1,610	)		(1,581	)
Amortization of prior service cost		35			35			60
Amortization of losses		995			1,207			1,394
Net periodic benefit cost	$	506		$	768		$	1,013

The assumptions used in determining the net periodic benefit cost information are as follows:

	FY 2019			FY 2018			FY 2017
Discount rate		3.70	%		3.70	%		3.40	%
Expected long-term rate of return on plan assets		6.75	%		7.00	%		7.00	%

The discount rate used in determining the funded status as of March 30, 2019 and March 31, 2018 was 3.50% and 3.70%, respectively.

To determine the postretirement net periodic benefit costs in fiscal 2019, the RP-2014 adjusted to 2006 blue collar mortality table projected to the measurement date with Scale MP-2018 was used. To determine the postretirement net periodic benefit costs in fiscal 2018, the RP-2014 adjusted to 2006 blue collar mortality table projected to the measurement date with Scale MP-2017 was used. To determine the postretirement net periodic benefit costs in fiscal 2017, the RP-2014 adjusted to 2006 blue collar mortality table projected to the measurement date with Scale MP-2016 was used.

In developing the overall expected long-term return on plan assets assumption, a building block approach was used in which rates of return in excess of inflation were considered separately for equity securities and debt securities. The excess returns were weighted by the representative target allocation and added along with an appropriate rate of inflation to develop the overall expected long-term return on plan assets assumption. The Company’s long-term target allocation of plan assets is 70% equity and 30% fixed income investments.

The Company’s investment program objective is to achieve a rate of return on plan assets which will fund the plan liabilities and provide for required benefits while avoiding undue exposure to risk to the plan and increases in funding requirements.

The following benefit payments, which reflect future service as appropriate, are expected to be paid. The benefit payments are based on the same assumptions used to measure the Company’s benefit obligation at the end of fiscal 2019:

2020	$	1,705
2021		1,722
2022		1,737
2023		1,743
2024		1,734
2025-2029		8,132

Although no contributions are required for fiscal 2020, the Company expects to make cash contributions in the $750 to $1,500 range.

One of the Company’s foreign operations, Schaublin, sponsors a pension plan for its approximately 146 employees in conformance with Swiss pension law. The plan is funded with a reputable (S&P rating A+) Swiss insurer. Through the insurance contract, the Company has effectively transferred all investment and mortality risk to the insurance company, which guarantees the federally mandated annual rate of return and the conversion rate at retirement. As a result, the plan has no unfunded liability; the interest cost is exactly offset by actual return. Thus, the net periodic cost is equal to the amount of annual premium paid by the Company. For fiscal years 2019, 2018 and 2017, the Company made contribution and premium payments equal to $887, $889 and $875, respectively.

The Company also has defined contribution plans under Section 401(k) of the Internal Revenue Code for all of its employees not covered by a collective bargaining agreement. Employer contributions under this plan, ranging from 10%-100% of eligible amounts contributed by employees, amounted to $1,889, $1,714 and $1,585 in fiscal 2019, 2018 and 2017, respectively.

Effective September 1, 1996, the Company adopted a non-qualified Supplemental Executive Retirement Plan (“SERP”) for a select group of highly compensated management employees designated by the Board of the Company. The SERP allowed eligible employees to elect to defer, until termination of their employment, the receipt of up to 25% of their salary. In August 2008, the plan was modified, allowing eligible employees to elect to defer up to 75% of their current salary and up to 100% of bonus compensation. Employer contributions under this plan equal the lesser of 25% of the deferrals, or 1.75% of the employee’s annual salary, which vest in full after one year of service following the effective date of the SERP. Employer contributions under this plan amounted to $312, $271 and $256 in fiscal 2019, 2018 and 2017, respectively.

Postretirement Health Care and Life Insurance Benefits

12 Months Ended

Mar. 30, 2019

Defined Contribution Plan [Abstract]

Postretirement Health Care and Life Insurance Benefits

13.

Postretirement Health Care and Life Insurance Benefits

The following table set forth the funded status of the Company’s postretirement benefit plans, the amount recognized in the balance sheet at March 30, 2019 and March 31, 2018:

	March 30, 2019			March 31, 2018
Change in benefit obligation:
Benefit obligation at beginning of year	$	2,671		$	2,963
Service cost		47			33
Interest cost		91			98
Actuarial gain		(131	)		(297	)
Benefits paid		(131	)		(126	)
Benefit obligation at end of year	$	2,547		$	2,671
Change in plan assets:
Fair value of plan assets at beginning of year	$	—		$	—
Company contributions		131			126
Benefits paid		(131	)		(126	)
Fair value of plan assets at end of year	$	—		$	—

Underfunded status at end of year	$	(2,547	)	$	(2,671	)
Amounts recognized in the consolidated balance sheet:
Current liability	$	(189	)	$	(221	)
Non-current liability		(2,358	)		(2,450	)
Net liability recognized	$	(2,547	)	$	(2,671	)
Amounts recognized in accumulated other comprehensive loss:
Prior service cost	$	12		$	15
Net actuarial loss		(191	)		(85	)
Accumulated other comprehensive loss	$	(179	)	$	(70	)

Amounts included in accumulated other comprehensive loss expected to be recognized as components of net periodic benefit cost in 2020:
Prior service cost	$	3
Net actuarial loss		(20	)
Total	$	(17	)

	Fiscal Year Ended
Components of net periodic benefit cost:	March 30, 2019			March 31, 2018			April 1, 2017
Service cost	$	47		$	33		$	41
Interest cost		91			98			102
Prior service cost amortization		3			3			3
Amount of loss recognized		(25	)		(4	)		26
Net periodic benefit cost	$	116		$	130		$	172

The Company measures its plans as of the last day of the fiscal year.

The plans contractually limit the benefit to be provided for certain groups of current and future retirees. As a result, there is no health care trend associated with these groups. The discount rate used in determining the accumulated postretirement benefit obligation was 3.50% at March 30, 2019 and 3.70% at March 31, 2018. The discount rate used in determining the net periodic benefit cost was 3.70% for fiscal 2019, 3.70% for fiscal 2018, and 3.40% for fiscal 2017. To determine the postretirement net periodic benefit costs in fiscal 2019, the RP-2014 adjusted to 2006 blue collar mortality table projected to the measurement date with Scale MP-2018 was used. To determine the postretirement net periodic benefit costs in fiscal 2018, the RP-2014 adjusted to 2006 blue collar mortality table projected to the measurement date with Scale MP-2017 was used. To determine the postretirement net periodic benefit costs in fiscal 2017, the RP-2014 adjusted to 2006 blue collar mortality table projected to the measurement date with Scale MP-2016 was used.

2020	$	189
2021		185
2022		185
2023		193
2024		184
2025-2029		937

Income Taxes

12 Months Ended

Mar. 30, 2019

Income Tax Disclosure [Abstract]

Income Taxes

14.

Income Taxes

Income before income taxes for the Company's domestic and foreign operations is as follows:

	Fiscal Year Ended
	March 30, 2019		March 31, 2018		April 1, 2017
Domestic	$	115,747	$	116,513	$	94,629
Foreign		10,343		3,338		10,255
Total income before income taxes	$	126,090	$	119,851	$	104,884

The provision for income taxes consists of the following:

	Fiscal Year Ended
	March 30, 2019			March 31, 2018			April 1, 2017
Current tax expense:
Federal	$	18,200		$	28,555		$	21,903
State		2,908			1,313			887
Foreign		4,693			3,544			3,148
		25,801			33,412			25,938
Deferred tax expense:
Federal		(4,111	)		(273	)		8,299
State		(756	)		457			245
Foreign		(37	)		(886	)		(221	)
		(4,904	)		(702	)		8,323
Total income taxes	$	20,897		$	32,710		$	34,261

On December 22, 2017, the United States enacted significant changes to the U.S. tax law following the passage and signing of the TCJA. The legislation significantly changes U.S. tax law by, among other things, lowering corporate income tax rates, implementing a territorial tax system and imposing a one-time repatriation tax on undistributed foreign earnings. The Act permanently reduces the U.S. corporate income tax rate from 35% to 21% effective for tax years beginning after December 31, 2017. The primary impacts of the TCJA reflected in the consolidated financial statements relate to the remeasurement of deferred tax assets and liabilities resulting from the change in the corporate rate and a one-time mandatory transition tax on accumulated earnings of foreign operations. The SEC provided guidance that allows the Company to record provisional amounts if the accounting assessment is incomplete for impacts of the Act, with the requirement that the accounting be finalized in a period not to exceed one year form the date of enactment. As of December 22, 2018 the Company has completed the accounting for the tax effects of the Act and there have been no material changes to previously recorded amounts.

No additional income tax provision has been made on any remaining undistributed foreign earnings not subject to the one-time net charge related to the taxation of unremitted foreign earnings or any additional outside basis difference as these amounts continue to be indefinitely reinvested in foreign operations.

One of the international tax law changes provided for with TCJA relates to the taxation of a corporation’s global intangible low-taxed income (“GILTI”) for tax years beginning after December 31, 2017. The Company has evaluated this provision of TCJA and the application of ASC 740, and does not believe that GILTI will have a significant impact.

An additional tax law change provided under TCJA introduced new rules for the treatment of certain foreign income, including FDII for tax years beginning after December 31, 2017. The Company has evaluated this provision of TCJA and believes that FDII results in a favorable impact on the application of ASC 740.

In addition to the impact of a full fiscal year with a lower U.S. federal statutory tax rate, the Company recorded a net tax benefit of $1,651 in fiscal 2019 resulting from the Tax Reform Act.

An analysis of the difference between the provision for income taxes and the amount computed by applying the U.S. statutory income tax rate to pre-tax income follows:

	Fiscal Year Ended
	March 30, 2019			March 31, 2018			April 1, 2017
Income taxes using U.S. federal statutory rate	$	26,479		$	37,825		$	36,710
State income taxes, net of federal benefit		1,714			1,221			676
Domestic production activities deduction		—			(1,374	)		(1,803	)
Revaluation of deferred tax liabilities due to federal rate change		282			(9,318	)		—
Stock-based compensation		(5,155	)		(4,905	)		—
Foreign rate differential		2,484			1,604			(662	)
Transition tax		(161	)		9,166			—
Research and development credits		(1,765	)		(1,293	)		(1,163	)
Foreign derived intangible income (FDII)		(1,772	)		—			—
U.S. unrecognized tax positions		(951	)		452			(290	)
Other - net		(258	)		(668	)		793
	$	20,897		$	32,710		$	34,261

Net deferred tax assets (liabilities) are comprised of the following:

	March 30, 2019			March 31, 2018
Deferred tax assets:
Postretirement benefits	$	560		$	577
Employee compensation accruals		4,034			1,620
Inventory		9,298			7,688
Stock compensation		4,734			4,917
Tax loss and credit carryforwards		9,863			4,952
State tax		1,270			1,134
Other		187			77
Total gross deferred tax assets		29,946			20,965
Valuation allowance		(3,643	)		(2,318	)
Total deferred tax assets	$	26,303		$	18,647


Deferred tax liabilities:
Property, plant and equipment	$	(16,312	)	$	(13,648	)
Pension		(388	)		(78	)
Intangible assets		(16,465	)		(16,670	)
Total deferred tax liabilities	$	(33,165	)	$	(30,396	)

Total net deferred liabilities	$	(6,862	)	$	(11,749	)

The Company evaluates deferred tax assets to ensure that the estimated future taxable income will be sufficient in character (i.e. capital versus ordinary income treatment), amount and timing to result in their recovery. After considering the positive and negative evidence, a valuation allowance has been recorded on foreign tax credits and on certain state credits and state net operating losses as it is more likely than not (i.e. greater than a 50% likelihood) that these items will not be utilized. For the Company’s fiscal year ended March 30, 2019 the valuation allowance increased by $1,325 which pertained to an increase of U.S. federal and state credits. For the Company’s fiscal year ended March 31, 2018 the valuation allowance increased by $1,400 which pertained to an increase of state credits. These valuation allowances are required because management has determined, based on financial projections and available tax strategies, that it is unlikely the net operating losses and credits will be utilized before they expire. If events or circumstances change, valuation allowances are adjusted at that time resulting in an income tax benefit or charge.

At March 30, 2019, the Company has state net operating losses in different jurisdictions at varying amounts up to $7,332, which expire at various dates through 2038. At March 30, 2019, the Company has U.S. federal and state credits in different jurisdictions at varying amounts up to $5,668 which will expire at various dates through 2039. At March 30, 2019, the Company has foreign credits in different jurisdictions at varying amounts up to $936 which will expire at various dates through 2038.

The TCJA required a mandatory deemed repatriation of certain undistributed earnings of the Company’s foreign operations as of December 31, 2017. If the earnings were distributed in the form of cash dividends, the Company would not be subject to additional U.S. income taxes but could be subject to foreign income and withholding taxes. Under accounting standards (ASC 740) a deferred tax liability is not recorded for the excess of the tax basis over the financial reporting (book) basis of an investment in a foreign subsidiary if the indefinite reinvestment criteria is met. A provision has not been made for additional U.S. and foreign taxes at March 30, 2019 on approximately $11,708 of undistributed earnings of foreign operations because the Company intends to reinvest these funds indefinitely to support foreign growth opportunities. It is not practicable to estimate the unrecognized deferred tax liability on these undistributed earnings. These earnings could become subject to additional tax under certain circumstances including, but not limited to, loans to the Company, or upon sale or pledging of the subsidiary’s stock.

Uncertain Tax Positions

Unrecognized income tax benefits represent income tax positions taken on income tax returns but not yet recognized in the consolidated financial statements. If recognized, substantially all of the unrecognized tax benefits for the Company’s fiscal years ended March 30, 2019 and March 31, 2018 would affect the effective income tax rate.

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:

	March 30, 2019			March 31, 2018			April 1, 2017
Balance, beginning of year	$	11,935		$	13,775		$	14,297
Gross (decreases) increases – tax positions taken during a prior period		624			(2,475	)		(488	)
Gross increases – tax positions taken during the current period		2,697			1,146			1,280
Reductions due to settlement with taxing authorities		—			—			(223	)
Reductions due to lapse of the applicable statute of limitations		(1,777	)		(511	)		(1,091	)
Balance, end of year	$	13,479		$	11,935		$	13,775

The Company recognizes the interest and penalties accrued related to unrecognized tax benefits in income tax expense. The Company recognized expense of $45 and $284 and a benefit of $36 related to interest and penalties on its statement of operations for the fiscal years ended March 30, 2019, March 31, 2018 and April 1, 2017, respectively. The Company has approximately $1,193 and $1,148 of accrued interest and penalties at March 30, 2019 and March 31, 2018, respectively.

The Company believes it is reasonably possible that some of its unrecognized tax positions may be effectively settled by the end of the Company’s fiscal year ending March 28, 2020 due to the closing of audits and the statute of limitations expiring in varying jurisdictions. The decrease, pertaining primarily to federal and state credits and state tax, is estimated to be $1,197.

The Company files income tax returns in the U.S. federal jurisdiction, and various states and foreign jurisdictions. With few exceptions, the Company is no longer subject to state or foreign income tax examinations by tax authorities for years ending before April 2, 2005. The Company is no longer subject to U.S. federal tax examination by the Internal Revenue Service for years ending before March 28, 2016.

Stockholders' Equity

12 Months Ended

Mar. 30, 2019

Stockholders' Equity Note [Abstract]

Stockholders' Equity

15. Stockholders’ Equity

Long-Term Equity Incentive Plans

2005 Long-Term Incentive Plan

The 2005 Long-Term Incentive Plan provides for grants of stock options, stock appreciation rights, restricted stock and performance awards. Directors, officers and other employees and persons who engage in services for the Company are eligible for grants under the Plan. The purpose of the Plan is to provide these individuals with incentives to maximize stockholder value and otherwise contribute to the Company’s success and to enable the Company to attract, retain and reward the best available persons for positions of responsibility.

1,139,170 shares of common stock were authorized for issuance under the Plan, subject to adjustment in the event of a reorganization, stock split, merger or similar change in the Company’s corporate structure or in the outstanding shares of common stock. An amendment to increase the number of shares available for issuance under the 2005 Long-Term Incentive Plan from 1,139,170 to 1,639,170 was approved by shareholder vote in September 2006. A further amendment to increase the number of shares available for issuance under the 2005 Long-Term Incentive Plan from 1,639,170 to 2,239,170 was approved by shareholder vote in September 2007. A further amendment to increase the number of shares available for issuance under the 2005 Long-Term Incentive Plan from 2,239,170 to 2,939,170 was approved by shareholder vote in September, 2010. The 2005 Stock Option Plan has been terminated and no additional stock options or restricted stock will be granted pursuant to the Plan. The Company’s Board also has the authority to administer the Plan and to take all actions that the Compensation Committee is otherwise authorized to take under the Plan. The terms and conditions of each award made under the Plan, including vesting requirements, is set forth consistent with the Plan in a written agreement with the grantee.

2013 Long-Term Incentive Plan

The 2013 Long-Term Incentive Plan provides for grants of stock options, stock appreciation rights, restricted stock and performance awards. The purpose of the Plan is to provide our directors, officers and other employees and persons who engage in services for us with incentives to maximize stockholder value and otherwise contribute to our success and to enable us to attract, retain and reward the best available persons for positions of responsibility.

1,500,000 shares of common stock were authorized for issuance under the Plan, subject to adjustment in the event of a reorganization, stock split, merger or similar change in the Company’s corporate structure or in the outstanding shares of common stock. The Company may grant shares of restricted stock to its employees and directors in the future under the Plan. The Company’s Compensation Committee will administer the Plan. The Company’s Board also has the authority to administer the Plan and to take all actions that the Compensation Committee is otherwise authorized to take under the Plan. The terms and conditions of each award made under the Plan, including vesting requirements, is set forth consistent with the Plan in a written agreement with the grantee.

2017 Long-Term Incentive Plan

The 2017 Long-Term Incentive Plan provides for grants of stock options, stock appreciation rights, restricted stock and performance awards. Directors, officers and other employees and persons who engage in services for the Company are eligible for grants under the Plan. The purpose of the Plan is to provide these individuals with incentives to maximize stockholder value and otherwise contribute to the Company’s success and to enable the Company to attract, retain and reward the best available persons for positions of responsibility.

Stock Options. Under the 2013 and 2017 Long-Term Incentive Plans, the Compensation Committee or the Board may approve the award of grants of incentive stock options and other non-qualified stock options. The Compensation Committee also has the authority to approve the grant of options that will become fully vested and exercisable automatically upon a change in control. The Compensation Committee may not, however, approve an award to any one person in any calendar year for options to purchase common stock equal to more than 10% of the total number of shares authorized under the Plan, and it may not approve an award of incentive options first exercisable in any calendar year whose underlying shares have a fair market value greater than $100 determined at the time of grant. The Compensation Committee will approve the exercise price and term of any option in its discretion; however, the exercise price may not be less than 100% of the fair market value of a share of common stock on the date of grant. Under the 2005 Long-Term Incentive Plan, any incentive stock option must be exercised within 10 years of the date of grant. Under the 2013 Long-Term Incentive Plan, any incentive stock option must be exercised within 7 years of the date of grant. Under the 2017 Long-Term Incentive Plan, any incentive stock option must be exercised within 7 years of the date of grant. Under all three Plans, the exercise price of an incentive option awarded to a person who owns stock constituting more than 10% of the Company’s voting power may not be less than 110% of such fair market value on such date and the option must be exercised within five years of the date of grant. As of March 30, 2019, there were outstanding options to purchase 30,200 shares of common stock granted under the 2005 Long-Term Incentive Plan, all of which were exercisable. There were 515,100 outstanding options to purchase shares of common stock granted under the 2013 Long-Term Incentive Plan, 107,562 of which were exercisable. There were 197,840 outstanding options to purchase shares of common stock granted under the 2017 Long-Term Incentive Plan, none of which were exercisable.

Restricted Stock. Under the 2013 and 2017 Long-Term Incentive Plans, the Compensation Committee may approve the award of restricted stock subject to the conditions and restrictions, and for the duration that it determines in its discretion. Under the 2017 Long-Term Incentive Plan, the number of shares that may be used for restricted stock or restricted unit grants under the Plan may not exceed fifty percent (50%) of the total authorized number of Shares pursuant to the Plan. As of March 30, 2019, there were 271,876 and 46,005 shares of restricted stock outstanding under the 2013 and 2017 Long-Term Incentive Plans, respectively. There were no shares of restricted stock outstanding under the 2005 Long-Term Incentive Plan as of March 30, 2019.

Stock Appreciation Rights. The Compensation Committee may approve the grant of stock appreciation rights, or SARs, subject to the terms and conditions contained in the Plan. Under the 2013 and 2017 Long-Term Incentive Plans, the exercise price of a SAR must equal the fair market value of a share of the Company’s common stock on the date the SAR was granted. Upon exercise of a SAR, the grantee will receive an amount in shares of our common stock equal to the difference between the fair market value of a share of common stock on the date of exercise and the exercise price of the SAR, multiplied by the number of shares as to which the SAR is exercised. There were no SARs issued or outstanding under the 2005, 2013 or 2017 Long-Term Incentive Plans as of March 30, 2019.

Performance Awards. The Compensation Committee may approve the grant of performance awards contingent upon achievement by the grantee or by the Company, of set goals and objectives regarding specified performance criteria, over a specified performance cycle. Awards may include specific dollar-value target awards, performance units, the value of which is established at the time of grant, and/or performance shares, the value of which is equal to the fair market value of a share of common stock on the date of grant. The value of a performance award may be fixed or fluctuate on the basis of specified performance criteria. A performance award may be paid out in cash and/or shares of common stock or other securities. There were no performance awards issued or outstanding under the 2005, 2013 or 2017 Long-Term Incentive Plans as of March 30, 2019.

Amendment and Termination of the Plan. The Board may amend or terminate the 2013 and 2017 Long-Term Incentive Plans at its discretion, except that no amendment will become effective without prior approval of the Company’s stockholders if such approval is necessary for continued compliance with the performance-based compensation exception of Section 162(m) of the Internal Revenue Code or any stock exchange listing requirements. The 2005 Long-Term Incentive Plan terminated on the tenth anniversary of its adoption. Subject to the provisions of an Award Agreement, which may be more restrictive, no termination of the Plan shall materially and adversely affect any of the rights or obligations of any person, without his or her written consent, under any grant of options or other incentives theretofore granted under the Plan.

A summary of the status of the Company’s stock options outstanding as of March 30, 2019 and changes during the year then ended is presented below. All cashless exercises of options and warrants are handled through an independent broker.

	Number Of Common Stock Options			Weighted Average Exercise Price		Weighted Average Contractual Life (Years)		Intrinsic Value
Outstanding, March 31, 2018		937,417		$	76.03		5.2	$	45,151
Awarded		201,315			133.21
Exercised		(352,552	)		66.01
Forfeitures		(43,040	)		84.07
Outstanding, March 30, 2019		743,140		$	95.82		5.3	$	23,301

Exercisable, March 30, 2019		137,762		$	71.07		3.8	$	7,728

The fair value for the Company’s options was estimated at the date of grant using the Black-Scholes option pricing model with the following weighted-average assumptions, which are updated to reflect current expectations of the dividend yield, expected life, risk-free interest rate and using historical volatility to project expected volatility:

	Fiscal Year Ended
	March 30, 2019			March 31, 2018			April 1, 2017
Dividend yield		0.00	%		0.00	%		0.00	%
Expected weighted-average life (yrs.)		5.0			5.0			5.0
Risk-free interest rate		2.77	%		2.02	%		1.17	%
Expected volatility		25.16	%		24.17	%		28.45	%

The weighted average fair value per share of options granted was $37.02 in fiscal 2019, $26.73 in fiscal 2018, and $20.58 in fiscal 2017.

The Company recorded $3,725 (net of taxes of $1,119) in compensation in fiscal 2019 related to option awards. As of March 30, 2019, there was $13,597 of unrecognized compensation costs related to options which is expected to be recognized over a weighted average period of 3.5 years. The total fair value of options that vested in fiscal 2019, 2018 and 2017 was $28,006, $27,113 and $19,899, respectively. The total intrinsic value of options exercised in fiscal 2019, 2018 and 2017 was $26,060, $16,002 and $21,188, respectively.

Of the total awards outstanding at March 30, 2019, 734,814 are either fully vested or are expected to vest. These shares have a weighted average exercise price of $95.82, an intrinsic value of $23,040 and a weighted average contractual term of 5.3 years.

A summary of the status of the Company’s restricted stock outstanding as of March 30, 2019 and the changes during the year then ended is presented below.

	Number Of Restricted Stock Shares			Weighted-Average Grant Date Fair Value
Non-vested, March 31, 2018		304,978		$	87.75
Granted		144,020			133.05
Vested		(118,047	)		82.13
Forfeitures		(13,070	)		95.66
Non-vested, March 30, 2019		317,881		$	110.03

The Company recorded $8,645 (net of taxes of $2,598) in compensation in fiscal 2019 related to restricted stock awards. These awards were valued at the fair market value of the Company’s common stock on the date of issuance and are being amortized as expense over the applicable vesting period. Unrecognized expense for restricted stock was $27,652 at March 30, 2019. This cost is expected to be recognized over a weighted average period of approximately 3.0 years.

Commitments and Contingencies

12 Months Ended

Mar. 30, 2019

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

16. Commitments and Contingencies

The Company leases facilities under non-cancelable operating leases, which expire on various dates through January 2029, with lease expense aggregating $5,384, $5,440, and $5,548 in fiscal 2019, 2018 and 2017, respectively.

The Company also has non-cancelable operating leases for transportation, computer and office equipment, which expire at various dates. Lease expense for fiscal 2019, 2018 and 2017 aggregated $1,788, $1,721 and $1,656, respectively.

Certain of the above leases are renewable while none contain material contingent rent or concession clauses.

The aggregate future minimum lease payments under operating leases are as follows:

2020	$	5,317
2021		4,280
2022		2,885
2023		1,863
2024		1,031
2025 and thereafter		2,593

As of March 30, 2019, approximately 7.7% of the Company’s hourly employees in the U.S. and abroad were represented by labor unions.

The Company enters into government contracts and subcontracts that are subject to audit by the government. In the opinion of the Company’s management, the results of such audits, if any, are not expected to have a material impact on the cash flows, financial condition or results of operations of the Company.

For fiscal 2019, 2018 and 2017, there were no audits by the government, the results of which, in the opinion of the Company’s management, had a material impact on the cash flows, financial condition or results of operations of the Company.

The Company is subject to federal, state and local environmental laws and regulations, including those governing discharges of pollutants into the air and water, the storage, handling and disposal of wastes and the health and safety of employees. The Company also may be liable under the Comprehensive Environmental Response, Compensation, and Liability Act or similar state laws for the costs of investigation and cleanup of contamination at facilities currently or formerly owned or operated by the Company, or at other facilities at which the Company may have disposed of hazardous substances. In connection with such contamination, the Company may also be liable for natural resource damages, government penalties and claims by third parties for personal injury and property damage. Agencies responsible for enforcing these laws have authority to impose significant civil or criminal penalties for non-compliance. The Company believes it is currently in material compliance with all applicable requirements of environmental laws. The Company does not anticipate material capital expenditures for environmental compliance in fiscal years 2020 or 2021.

Investigation and remediation of contamination is ongoing at some of the Company’s sites. In particular, state agencies have been overseeing groundwater monitoring activities at the Company’s facility in Hartsville, South Carolina and a corrective action plan at the Company’s facility in Clayton, Georgia. At Hartsville, the Company is monitoring low levels of contaminants in the groundwater caused by former operations. Plans are currently underway to conclude remediation and monitoring activities. In connection with the purchase of the Fairfield, Connecticut facility in 1996, the Company agreed to assume responsibility for completing clean-up efforts previously initiated by the prior owner. The Company submitted data to the state that the Company believes demonstrates that no further remedial action is necessary, although the state may require additional clean-up or monitoring. In connection with the purchase of the Company’s Clayton, Georgia facility, the Company agreed to take assignment of the hazardous waste permit covering such facility and to assume certain responsibilities to implement a corrective action plan concerning the remediation of certain soil and groundwater contamination present at that facility. The corrective action plan is ongoing. Although there can be no assurance, the Company does not expect the costs associated with the above sites to be material.

From time to time, we are involved in litigation and administrative proceedings which arise in the ordinary course of our business. We do not believe that any litigation or proceeding in which we are currently involved, either individually or in the aggregate, is likely to have a material adverse effect on our business, financial condition, operating results, cash flow or prospects.

Other, Net

12 Months Ended

Mar. 30, 2019

Other Net

Other, Net

17. Other, Net

Other, net is comprised of the following:

	Fiscal Year Ended
	March 30, 2019		March 31, 2018			April 1, 2017
Plant consolidation and restructuring costs	$	16,906	$	7,685		$	4,124
Acquisition costs		—		—			55
Provision for doubtful accounts		203		125			96
Amortization of intangibles		9,666		9,344			9,272
Other expense (income)		339		(515	)		(844	)
	$	27,114	$	16,639		$	12,703

Reportable Segments

12 Months Ended

Mar. 30, 2019

Segment Reporting [Abstract]

Reportable Segments

18. Reportable Segments

The Company operates through operating segments for which separate financial information is available, and for which operating results are evaluated regularly by the Company’s chief operating decision maker in determining resource allocation and assessing performance. Those operating segments with similar economic characteristics and that meet all other required criteria, including nature of the products and production processes, distribution patterns and classes of customers, are aggregated as reportable segments.

The Company has four reportable business segments, Plain Bearings, Roller Bearings, Ball Bearings and Engineered Products, which are described below.

Plain Bearings. Plain bearings are produced with either self-lubricating or metal-to-metal designs and consist of several sub-classes, including rod end bearings, spherical plain bearings and journal bearings. Unlike ball bearings, which are used in high-speed rotational applications, plain bearings are primarily used to rectify inevitable misalignments in various mechanical components.

Roller Bearings. Roller bearings are anti-friction bearings that use rollers instead of balls. The Company manufactures four basic types of roller bearings: heavy duty needle roller bearings with inner rings, tapered roller bearings, track rollers and aircraft roller bearings.

Ball Bearings. The Company manufactures four basic types of ball bearings: high precision aerospace, airframe control, thin section and commercial ball bearings which are used in high-speed rotational applications.

Engineered Products. Engineered Products consist of highly engineered hydraulics, fasteners, collets and precision components used in aerospace, marine and industrial applications.

The accounting policies of the reportable segments are the same as those described in Part II, Item 8. “Financial Statements and Supplementary Data,” Note 2 “Summary of Significant Accounting Policies.” Segment performance is evaluated based on segment net sales and gross margin. Items not allocated to segment operating income include corporate administrative expenses and certain other amounts. Identifiable assets by reportable segment consist of those directly identified with the segment’s operations. Corporate assets consist of cash, fixed assets and certain prepaid expenses.

	Fiscal Year Ended
	March 30, 2019			March 31, 2018			April 1, 2017
Net External Sales
Plain	$	323,251		$	296,708		$	277,700
Roller		143,832			132,021			109,483
Ball		72,307			67,806			58,448
Engineered Products		163,126			178,414			169,757
	$	702,516		$	674,949		$	615,388
Gross Margin
Plain	$	129,297		$	115,886		$	110,636
Roller		61,559			55,160			41,865
Ball		29,846			27,965			22,772
Engineered Products		55,951			59,526			54,938
	$	276,653		$	258,537		$	230,211
Selling, General and Administrative Expenses
Plain	$	25,617		$	25,991		$	23,585
Roller		6,266			6,307			6,116
Ball		6,428			6,773			5,657
Engineered Products		19,664			21,071			19,065
Corporate		59,529			52,982			48,499
	$	117,504		$	113,124		$	102,922
Operating Income
Plain	$	100,048		$	86,628		$	81,484
Roller		55,148			48,831			34,008
Ball		23,222			20,919			16,593
Engineered Products		16,183			25,081			30,884
Corporate		(62,566	)		(52,685	)		(48,383	)
	$	132,035		$	128,774		$	114,586
Total Assets
Plain	$	393,014		$	401,248		$	371,169
Roller		166,733			157,012			147,226
Ball		66,443			60,000			55,788
Engineered Products		458,058			465,479			474,339
Corporate		63,119			59,012			60,325
	$	1,147,367		$	1,142,751		$	1,108,847
Capital Expenditures
Plain	$	13,185		$	11,468		$	9,386
Roller		5,328			4,245			4,021
Ball		3,276			2,407			2,155
Engineered Products		18,715			7,209			4,591
Corporate		842			2,647			741
	$	41,346		$	27,976		$	20,894
Depreciation & Amortization
Plain	$	9,849		$	9,296		$	9,075
Roller		4,029			4,109			4,198
Ball		1,971			1,752			1,836
Engineered Products		10,412			10,777			10,443
Corporate		3,397			2,426			1,820
	$	29,658		$	28,360		$	27,372
Geographic External Sales
Domestic	$	633,381		$	592,818		$	540,774
Foreign		69,135			82,131			74,614
	$	702,516		$	674,949		$	615,388

	Fiscal Year Ended
	March 30, 2019		March 31, 2018		April 1, 2017
Geographic Long-Lived Assets
Domestic	$	165,533	$	150,716	$	144,389
Foreign		42,362		41,797		39,236
	$	207,895	$	192,513	$	183,625

Intersegment Sales
Plain	$	6,292	$	5,209	$	4,061
Roll		14,650		13,262		15,202
Ball		3,363		2,408		1,732
Engineered Products		38,948		31,857		28,955
	$	63,253	$	52,736	$	49,950

The net loss of $16,544 related to the sale of the Miami division during fiscal 2019 is included within the Engineered Products segment. All intersegment sales are eliminated in consolidation.

Summary of Significant Accounting Policies (Policies)

12 Months Ended

Mar. 30, 2019

Accounting Policies [Abstract]

General

General

Use of Estimates

Use of Estimates

Revenue Recognition

Revenue Recognition

Prior to the adoption of ASC Topic 606, the Company recognized revenue in accordance with ASC Topic 605. Our accounting policy was as follows:

The Company recognizes revenue only after the following four basic criteria are met:

●

Persuasive evidence of an arrangement exists;

●

Delivery has occurred or services have been rendered;

●

The seller’s price to the buyer is fixed or determinable; and

●

Collectability is reasonably assured.

Cash and Cash Equivalents

Cash and Cash Equivalents

Accounts Receivable, Net and Concentration of Credit Risk

Accounts Receivable, Net and Concentration of Credit Risk

Inventory

Inventory

Contract Assets (Unbilled Receivables)

Contract Assets (Unbilled Receivables)

Property, Plant and Equipment

Property, Plant and Equipment

The estimated useful lives of the Company’s property, plant and equipment follows:

Buildings and improvements	20-30 years
Machinery and equipment	3-15 years
Leasehold improvements	Shorter of the term of lease or estimated useful life

Goodwill and Indefinite-Lived Intangible Assets

Goodwill and Indefinite-Lived Intangible Assets

Deferred Financing Costs

Deferred Financing Costs

Deferred financing costs are amortized on a straight-line basis over the lives of the related credit agreements.

Contract Liabilities (Deferred Revenue)

Contract Liabilities (Deferred Revenue)

Pension and Postretirement Health Care and Life Insurance Benefits

Pension and Postretirement Health Care and Life Insurance Benefits

Income Taxes

Income Taxes

Net Income Per Common Share

Net Income Per Common Share

Basic net income per common share is computed by dividing net income available to common stockholders by the weighted-average number of common shares outstanding.

The table below reflects the calculation of weighted-average shares outstanding for each year presented as well as the computation of basic and diluted net income per common share:

	Fiscal Year Ended
	March 30, 2019		March 31, 2018		April 1, 2017
Net income	$	105,193	$	87,141	$	70,623

Denominator:
Denominator for basic net income per common share—weighted-average shares		24,357,684		23,948,565		23,521,615
Effect of dilution due to employee stock options		358,529		415,224		263,021
Denominator for diluted net income per common share—adjusted weighted-average shares		24,716,213		24,363,789		23,784,636
Basic net income per common share	$	4.32	$	3.64	$	3.00
Diluted net income per common share	$	4.26	$	3.58	$	2.97

Impairment of Long-Lived Assets

Impairment of Long-Lived Assets

Long-lived assets to be disposed of by sale or other means are reported at the lower of carrying amount or fair value, less costs to sell.

Foreign Currency Translation and Transactions

Foreign Currency Translation and Transactions

Fair Value of Measurements

Fair Value of Measurements

Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss)

The following summarizes the activity within each component of accumulated other comprehensive income (loss), net of taxes:

	Currency Translation			Pension and Postretirement Liability			Total
Balance at March 31, 2018	$	2,213		$	(4,498	)	$	(2,285	)
Other comprehensive income before reclassifications		(5,514	)		(440	)		(5,954	)
Amounts reclassified from accumulated other comprehensive loss		—			772			772
Net current period other comprehensive income		(5,514	)		332			(5,182	)
Balance at March 30, 2019	$	(3,301	)	$	(4,166	)	$	(7,467	)

Stock-Based Compensation

Share-Based Compensation

Recent Accounting Pronouncements

Recent Accounting Pronouncements

Recent Accounting Standards Adopted

Recent Accounting Standards Yet to Be Adopted

Other new pronouncements issued but not effective until after March 30, 2019 are not expected to have a material impact on our financial position, results of operations or liquidity.

Summary of Significant Accounting Policies (Tables)

12 Months Ended

Mar. 30, 2019

Accounting Policies [Abstract]

Estimated Useful Lives Of The Company Property Plant And Equipment

The estimated useful lives of the Company’s property, plant and equipment follows:

Buildings and improvements	20-30 years
Machinery and equipment	3-15 years
Leasehold improvements	Shorter of the term of lease or estimated useful life

Schedule Of Calculation Of Weighted-Average Shares Outstanding

The table below reflects the calculation of weighted-average shares outstanding for each year presented as well as the computation of basic and diluted net income per common share:

	Fiscal Year Ended
	March 30, 2019		March 31, 2018		April 1, 2017
Net income	$	105,193	$	87,141	$	70,623

Denominator:
Denominator for basic net income per common share—weighted-average shares		24,357,684		23,948,565		23,521,615
Effect of dilution due to employee stock options		358,529		415,224		263,021
Denominator for diluted net income per common share—adjusted weighted-average shares		24,716,213		24,363,789		23,784,636
Basic net income per common share	$	4.32	$	3.64	$	3.00
Diluted net income per common share	$	4.26	$	3.58	$	2.97

Schedule Of Accumulated Other Comprehensive Income (Loss)

The following summarizes the activity within each component of accumulated other comprehensive income (loss), net of taxes:

	Currency Translation			Pension and Postretirement Liability			Total
Balance at March 31, 2018	$	2,213		$	(4,498	)	$	(2,285	)
Other comprehensive income before reclassifications		(5,514	)		(440	)		(5,954	)
Amounts reclassified from accumulated other comprehensive loss		—			772			772
Net current period other comprehensive income		(5,514	)		332			(5,182	)
Balance at March 30, 2019	$	(3,301	)	$	(4,166	)	$	(7,467	)

Revenue from Contracts with Customers (Tables)

12 Months Ended

Mar. 30, 2019

Revenue from Contract with Customer [Abstract]

Schedule of comparative information of the company's overall revenues

Comparative information of the Company’s overall revenues for the years ended March 30, 2019, March 31, 2018 and April 1, 2017 are as follows:

Principal End Markets:


	For the Fiscal Year Ended
	March 30, 2019
	Aerospace		Industrial		Total
Plain	$	238,259	$	84,992	$	323,251
Roller		70,682		73,150		143,832
Ball		21,621		50,686		72,307
Engineered Products		100,571		62,555		163,126
	$	431,133	$	271,383	$	702,516

	For the Fiscal Year Ended
	March 31, 2018
	Aerospace		Industrial		Total
Plain	$	220,649	$	76,059	$	296,708
Roller		65,496		66,525		132,021
Ball		18,076		49,730		67,806
Engineered Products		114,490		63,924		178,414
	$	418,711	$	256,238	$	674,949

	For the Fiscal Year Ended
	April 1, 2017
	Aerospace		Industrial		Total
Plain	$	211,624	$	66,076	$	277,700
Roller		61,461		48,022		109,483
Ball		16,972		41,476		58,448
Engineered Products		113,787		55,970		169,757
	$	403,844	$	211,544	$	615,388

Schedule of roll-forward of contract assets and contract liabilities

The tables below represent a roll-forward of contract assets and contract liabilities for the twelve-month period ended March 30, 2019:

Contract Assets - Current ⁽¹⁾

Balance at April 1, 2018	$	1,323
Additional revenue recognized in excess of billings		3,928
Less: amounts billed to customers		(3,356	)
Balance at March 30, 2019	$	1,895
(1) Included within prepaid expenses and other current assets on the consolidated balance sheet.

Contract Liabilities – Current ⁽²⁾

Balance at April 1, 2018	$	14,450
Payments received prior to revenue being recognized		14,773
Revenue recognized		(19,769	)
Reclassification to/from noncurrent		667
Balance at March 30, 2019	$	10,121
(2) Included within accrued expenses and other current liabilities on the consolidated balance sheet.

Contract Liabilities – Noncurrent ⁽³⁾

Balance at April 1, 2018	$	1,254
Reclassification to/from current		(667	)
Balance at March 30, 2019	$	587
(3) Included within other non-current liabilities on the consolidated balance sheet.

Allowance for Doubtful Accounts (Tables)

12 Months Ended

Mar. 30, 2019

Receivables [Abstract]

Schedule of allowance for doubtful accounts

The activity in the allowance for doubtful accounts consists of the following:

Fiscal Year Ended	Balance at Beginning of Year		Additions		Other*			Write-offs			Balance at End of Year
March 30, 2019	$	1,326	$	203	$	(85	)	$	(14	)	$	1,430
March 31, 2018		1,213		125		73			(85	)		1,326
April 1, 2017		1,324		96		(157	)		(50	)		1,213

*Foreign currency, disposition and acquisition transactions.

Inventory (Tables)

12 Months Ended

Mar. 30, 2019

Inventory Disclosure [Abstract]

Schedule of Inventory

Inventories are summarized below:

	March 30, 2019		March 31, 2018
Raw materials	$	48,690	$	44,102
Work in process		90,820		77,890
Finished goods		195,491		184,132
	$	335,001	$	306,124

Property, Plant and Equipment (Tables)

12 Months Ended

Mar. 30, 2019

Property, Plant and Equipment [Abstract]

Schedule of property, plant and equipment

Property, plant and equipment consist of the following:

	March 30, 2019			March 31, 2018
Land	$	18,735		$	19,723
Buildings and improvements		86,477			86,237
Machinery and equipment		289,467			259,645
		394,679			365,605
Less: accumulated depreciation and amortization		(186,784	)		(173,092	)
	$	207,895		$	192,513

Goodwill and Intangible Assets (Tables)

12 Months Ended

Mar. 30, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule Of Goodwill Balances, By Segment

Goodwill balances, by segment, consist of the following:

	Roller		Plain		Ball		Engineered Products			Total
March 31, 2018	$	16,007	$	79,597	$	5,623	$	166,897		$	268,124
Disposition		—		—		—		(6,691	)		(6,691	)
Translation adjustments		—		—		—		(2	)		(2	)
March 30, 2019	$	16,007	$	79,597	$	5,623	$	160,204		$	261,431

Schedule Of Intangible Assets

Intangible Assets

			March 30, 2019				March 31, 2018
	Weighted Average Useful Lives		Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Product approvals		24	$	50,878	$	10,481	$	50,878	$	8,351
Customer relationships and lists		24		96,458		19,149		106,583		16,499
Trade names		10		15,959		7,447		18,734		6,765
Distributor agreements		5		722		722		722		722
Patents and trademarks		16		10,534		5,540		9,657		4,810
Domain names		10		437		437		437		430
Other		3		2,473		2,325		1,433		1,303
				177,461		46,101		188,444		38,880

Non-amortizable repair station certifications		n/a		24,281		—		34,200		—
Total		22	$	201,742	$	46,101	$	222,644	$	38,880

Schedule Of Estimated Amortization Expense

Estimated amortization expense for the five succeeding fiscal years and thereafter is as follows:

2020	$	8,050
2021		8,001
2022		7,882
2023		7,802
2024		7,670
2025 and thereafter		91,955

Accrued Expenses and Other Current Liabilities (Tables)

12 Months Ended

Mar. 30, 2019

Other Liabilities, Noncurrent [Abstract]

Schedule of accrued expenses and other current liabilities

The significant components of accrued expenses and other current liabilities are as follows:

	March 30, 2019		March 31, 2018
Employee compensation and related benefits	$	14,485	$	14,240
Taxes		4,789		2,939
Deferred revenue		10,121		13,613
Workers compensation		2,685		2,086
Legal		1,184		1,228
Other		6,806		6,671
	$	40,070	$	40,777

Debt (Tables)

12 Months Ended

Mar. 30, 2019

Debt Disclosure [Abstract]

Schedule of balances payable under borrowing facilities

The balances payable under all borrowing facilities are as follows:

	March 30, 2019			March 31, 2018
Revolver and term loan facilities	$	39,250		$	169,250
Debt issuance cost		(1,912	)		(2,968	)
Other		6,308			7,073
Total debt		43,646			173,355
Less: current portion		467			19,238
Long-term debt	$	43,179		$	154,117

Other Non-Current Liabilities (Tables)

12 Months Ended

Mar. 30, 2019

Other Liabilities, Noncurrent [Abstract]

Schedule of other non-current liabilities

The significant components of other non-current liabilities consist of:

	March 30, 2019		March 31, 2018
Other postretirement benefits	$	2,358	$	2,450
Non-current income tax liability		19,854		20,176
Deferred compensation		15,425		13,620
Other		994		884
	$	38,631	$	37,130

Pension Plan (Tables)

12 Months Ended

Mar. 30, 2019

Retirement Benefits [Abstract]

Schedule of summary of plan assets

Plan assets are comprised primarily of equity and fixed income investments, as follows:

	March 30, 2019		March 31, 2018
Cash and cash equivalents	$	925	$	1,107
U.S. equity mutual funds		20,310		18,881
International equity mutual funds		1,876		1,985
Fixed income mutual funds		3,052		2,936
	$	26,163	$	24,909

Schedule of funded status of defined benefit pension plan and amount recognized in balance sheet

The following tables set forth the funded status of the Company’s defined benefit pension plan and the amount recognized in the balance sheet at March 30, 2019 and March 31, 2018:

	March 30, 2019			March 31, 2018
Change in benefit obligation:
Benefit obligation at beginning of year	$	24,570		$	25,049
Service cost		258			232
Interest cost		885			904
Actuarial gain		389			(38	)
Benefits paid		(1,595	)		(1,577	)
Benefit obligation at end of year	$	24,507		$	24,570

Change in plan assets:
Fair value of plan assets at beginning of year	$	24,909		$	23,154
Actual return on plan assets		1,349			1,832
Employer contributions		1,500			1,500
Benefits paid		(1,595	)		(1,577	)
Fair value of plan assets at end of year	$	26,163		$	24,909

Overfunded status at end of year	$	1,656		$	339

Amounts recognized in the consolidated balance sheet:

Non-current assets	$	1,656		$	339

Amounts recognized in accumulated other comprehensive loss:

Prior service cost	$	37		$	71
Net actuarial loss		7,307			7,596
Accumulated other comprehensive loss	$	7,344		$	7,667

Schedule of components of net periodic benefit cost

Amounts included in accumulated other comprehensive loss expected to be recognized as components of net periodic benefit cost in 2020:

Prior service cost	$	35
Net actuarial loss		887
Total	$	922

Schedule of forth net periodic benefit cost

The following table sets forth net periodic benefit cost of the Company’s plan for the three fiscal years in the period ended March 30, 2019:

	Fiscal Year Ended
	March 30, 2019			March 31, 2018			April 1, 2017
Components of net periodic benefit cost:
Service cost	$	258		$	232		$	251
Interest cost		885			904			889
Expected return on plan assets		(1,667	)		(1,610	)		(1,581	)
Amortization of prior service cost		35			35			60
Amortization of losses		995			1,207			1,394
Net periodic benefit cost	$	506		$	768		$	1,013

Schedule of assumptions used in determining net periodic benefit cost

The assumptions used in determining the net periodic benefit cost information are as follows:

	FY 2019			FY 2018			FY 2017
Discount rate		3.70	%		3.70	%		3.40	%
Expected long-term rate of return on plan assets		6.75	%		7.00	%		7.00	%

Schedule of future service benefit payments

The benefit payments are based on the same assumptions used to measure the Company’s benefit obligation at the end of fiscal 2019:

2020	$	1,705
2021		1,722
2022		1,737
2023		1,743
2024		1,734
2025-2029		8,132

Postretirement Health Care and Life Insurance Benefits (Tables)

12 Months Ended

Mar. 30, 2019

Defined Contribution Plan [Abstract]

Schedule of funded status of postretirement benefit plans and amount recognized in balance sheet

The following table set forth the funded status of the Company’s postretirement benefit plans, the amount recognized in the balance sheet at March 30, 2019 and March 31, 2018:

	March 30, 2019			March 31, 2018
Change in benefit obligation:
Benefit obligation at beginning of year	$	2,671		$	2,963
Service cost		47			33
Interest cost		91			98
Actuarial gain		(131	)		(297	)
Benefits paid		(131	)		(126	)
Benefit obligation at end of year	$	2,547		$	2,671
Change in plan assets:
Fair value of plan assets at beginning of year	$	—		$	—
Company contributions		131			126
Benefits paid		(131	)		(126	)
Fair value of plan assets at end of year	$	—		$	—

Underfunded status at end of year	$	(2,547	)	$	(2,671	)
Amounts recognized in the consolidated balance sheet:
Current liability	$	(189	)	$	(221	)
Non-current liability		(2,358	)		(2,450	)
Net liability recognized	$	(2,547	)	$	(2,671	)
Amounts recognized in accumulated other comprehensive loss:
Prior service cost	$	12		$	15
Net actuarial loss		(191	)		(85	)
Accumulated other comprehensive loss	$	(179	)	$	(70	)

Amounts included in accumulated other comprehensive loss expected to be recognized as components of net periodic benefit cost in 2020:
Prior service cost	$	3
Net actuarial loss		(20	)
Total	$	(17	)

Schedule of postretirement benefit costs

	Fiscal Year Ended
Components of net periodic benefit cost:	March 30, 2019			March 31, 2018			April 1, 2017
Service cost	$	47		$	33		$	41
Interest cost		91			98			102
Prior service cost amortization		3			3			3
Amount of loss recognized		(25	)		(4	)		26
Net periodic benefit cost	$	116		$	130		$	172

Schedule of expected postretirement benefit payments

2020	$	189
2021		185
2022		185
2023		193
2024		184
2025-2029		937

Income Taxes (Tables)

12 Months Ended

Mar. 31, 2018

Income Tax Disclosure [Abstract]

Schedule of income before income tax, domestic and foreign

Income before income taxes for the Company’s domestic and foreign subsidiaries is as follows:

	Fiscal Year Ended
	March 30, 2019		March 31, 2018		April 1, 2017
Domestic	$	115,747	$	116,513	$	94,629
Foreign		10,343		3,338		10,255
Total income before income taxes	$	126,090	$	119,851	$	104,884

Schedule of components of income tax expense (benefit)

The provision for income taxes consists of the following:

	Fiscal Year Ended
	March 30, 2019			March 31, 2018			April 1, 2017
Current tax expense:
Federal	$	18,200		$	28,555		$	21,903
State		2,908			1,313			887
Foreign		4,693			3,544			3,148
		25,801			33,412			25,938
Deferred tax expense:
Federal		(4,111	)		(273	)		8,299
State		(756	)		457			245
Foreign		(37	)		(886	)		(221	)
		(4,904	)		(702	)		8,323
Total income taxes	$	20,897		$	32,710		$	34,261

Schedule of effective income tax rate reconciliation

An analysis of the difference between the provision for income taxes and the amount computed by applying the U.S. statutory income tax rate to pre-tax income follows:

	Fiscal Year Ended
	March 30, 2019			March 31, 2018			April 1, 2017
Income taxes using U.S. federal statutory rate	$	26,479		$	37,825		$	36,710
State income taxes, net of federal benefit		1,714			1,221			676
Domestic production activities deduction		—			(1,374	)		(1,803	)
Revaluation of deferred tax liabilities due to federal rate change		282			(9,318	)		—
Stock based compensation		(5,155	)		(4,905	)		—
Foreign rate differential		2,484			1,604			(662	)
Transition tax		(161	)		9,166			—
Research and development credits		(1,765	)		(1,293	)		(1,163	)
Foreign derived intangible income (FDII)		(1,772	)		—			—
U.S. unrecognized tax positions		(951	)		452			(290	)
Other - net		(258	)		(668	)		793
	$	20,897		$	32,710		$	34,261

Schedule of deferred tax assets and liabilities

Net deferred tax assets (liabilities) are comprised of the following:

	March 30, 2019			March 31, 2018
Deferred tax assets:
Postretirement benefits	$	560		$	577
Employee compensation accruals		4,034			1,620
Inventory		9,298			7,688
Stock compensation		4,734			4,917
Tax loss and credit carryforwards		9,863			4,952
State tax		1,270			1,134
Other		187			77
Total gross deferred tax assets		29,946			20,965
Valuation allowance		(3,643	)		(2,318	)
Total deferred tax assets	$	26,303		$	18,647


Deferred tax liabilities:
Property, plant and equipment	$	(16,312	)	$	(13,648	)
Pension		(388	)		(78	)
Intangible assets		(16,465	)		(16,670	)
Total deferred tax liabilities	$	(33,165	)	$	(30,396	)

Total net deferred liabilities	$	(6,862	)	$	(11,749	)

Schedule of unrecognized compensation cost, nonvested awards

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:

	March 30, 2019			March 31, 2018			April 1, 2017
Balance, beginning of year	$	11,935		$	13,775		$	14,297
Gross (decreases) increases – tax positions taken during a prior period		624			(2,475	)		(488	)
Gross increases – tax positions taken during the current period		2,697			1,146			1,280
Reductions due to settlement with taxing authorities		—			—			(223	)
Reductions due to lapse of the applicable statute of limitations		(1,777	)		(511	)		(1,091	)
Balance, end of year	$	13,479		$	11,935		$	13,775

Stockholders' Equity (Tables)

12 Months Ended

Mar. 30, 2019

Stockholders' Equity Note [Abstract]

Schedule of summary of status of stock options outstanding

	Number Of Common Stock Options			Weighted Average Exercise Price		Weighted Average Contractual Life (Years)		Intrinsic Value
Outstanding, March 31, 2018		937,417		$	76.03		5.2	$	45,151
Awarded		201,315			133.21
Exercised		(352,552	)		66.01
Forfeitures		(43,040	)		84.07
Outstanding, March 30, 2019		743,140		$	95.82		5.3	$	23,301

Exercisable, March 30, 2019		137,762		$	71.07		3.8	$	7,728

Schedule of black-scholes option pricing model

	Fiscal Year Ended
	March 30, 2019			March 31, 2018			April 1, 2017
Dividend yield		0.00	%		0.00	%		0.00	%
Expected weighted-average life (yrs.)		5.0			5.0			5.0
Risk-free interest rate		2.77	%		2.02	%		1.17	%
Expected volatility		25.16	%		24.17	%		28.45	%

Schedule of summary of status of restricted stock outstanding

A summary of the status of the Company’s restricted stock outstanding as of March 30, 2019 and the changes during the year then ended is presented below.

	Number Of Restricted Stock Shares			Weighted-Average Grant Date Fair Value
Non-vested, March 31, 2018		304,978		$	87.75
Granted		144,020			133.05
Vested		(118,047	)		82.13
Forfeitures		(13,070	)		95.66
Non-vested, March 30, 2019		317,881		$	110.03

Commitments and Contingencies (Tables)

12 Months Ended

Mar. 30, 2019

Commitments and Contingencies Disclosure [Abstract]

Schedule of future minimum rental payments for operating leases

The aggregate future minimum lease payments under operating leases are as follows:

2020	$	5,317
2021		4,280
2022		2,885
2023		1,863
2024		1,031
2025 and thereafter		2,593

Other, Net (Tables)

12 Months Ended

Mar. 30, 2019

Other Net

Schedule of other cost and expense, by component

Other, net is comprised of the following:

	Fiscal Year Ended
	March 30, 2019		March 31, 2018			April 1, 2017
Plant consolidation and restructuring costs	$	16,906	$	7,685		$	4,124
Acquisition costs		—		—			55
Provision for doubtful accounts		203		125			96
Amortization of intangibles		9,666		9,344			9,272
Other expense (income)		339		(515	)		(844	)
	$	27,114	$	16,639		$	12,703

Reportable Segments (Tables)

12 Months Ended

Mar. 30, 2019

Segment Reporting [Abstract]

Schedule of segment information

Identifiable assets by reportable segment consist of those directly identified with the segment’s operations. Corporate assets consist of cash, fixed assets and certain prepaid expenses.

	Fiscal Year Ended
	March 30, 2019			March 31, 2018			April 1, 2017
Net External Sales
Plain	$	323,251		$	296,708		$	277,700
Roller		143,832			132,021			109,483
Ball		72,307			67,806			58,448
Engineered Products		163,126			178,414			169,757
	$	702,516		$	674,949		$	615,388
Gross Margin
Plain	$	129,297		$	115,886		$	110,636
Roller		61,559			55,160			41,865
Ball		29,846			27,965			22,772
Engineered Products		55,951			59,526			54,938
	$	276,653		$	258,537		$	230,211
Selling, General and Administrative Expenses
Plain	$	25,617		$	25,991		$	23,585
Roller		6,266			6,307			6,116
Ball		6,428			6,773			5,657
Engineered Products		19,664			21,071			19,065
Corporate		59,529			52,982			48,499
	$	117,504		$	113,124		$	102,922
Operating Income
Plain	$	100,048		$	86,628		$	81,484
Roller		55,148			48,831			34,008
Ball		23,222			20,919			16,593
Engineered Products		16,183			25,081			30,884
Corporate		(62,566	)		(52,685	)		(48,383	)
	$	132,035		$	128,774		$	114,586
Total Assets
Plain	$	393,014		$	401,248		$	371,169
Roller		166,733			157,012			147,226
Ball		66,443			60,000			55,788
Engineered Products		458,058			465,479			474,339
Corporate		63,119			59,012			60,325
	$	1,147,367		$	1,142,751		$	1,108,847
Capital Expenditures
Plain	$	13,185		$	11,468		$	9,386
Roller		5,328			4,245			4,021
Ball		3,276			2,407			2,155
Engineered Products		18,715			7,209			4,591
Corporate		842			2,647			741
	$	41,346		$	27,976		$	20,894
Depreciation & Amortization
Plain	$	9,849		$	9,296		$	9,075
Roller		4,029			4,109			4,198
Ball		1,971			1,752			1,836
Engineered Products		10,412			10,777			10,443
Corporate		3,397			2,426			1,820
	$	29,658		$	28,360		$	27,372
Geographic External Sales
Domestic	$	633,381		$	592,818		$	540,774
Foreign		69,135			82,131			74,614
	$	702,516		$	674,949		$	615,388

	Fiscal Year Ended
	March 30, 2019		March 31, 2018		April 1, 2017
Geographic Long-Lived Assets
Domestic	$	165,533	$	150,716	$	144,389
Foreign		42,362		41,797		39,236
	$	207,895	$	192,513	$	183,625

Intersegment Sales
Plain	$	6,292	$	5,209	$	4,061
Roll		14,650		13,262		15,202
Ball		3,363		2,408		1,732
Engineered Products		38,948		31,857		28,955
	$	63,253	$	52,736	$	49,950

Organization and Business (Details Narrative)	12 Months Ended
Organization and Business (Details Narrative)	Mar. 30, 2019	Mar. 31, 2018	Apr. 01, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Maximum amount of sales that one customer accounted for percentage	9.00%	9.00%	9.00%

Summary of Significant Accounting Policies (Details)	12 Months Ended
Summary of Significant Accounting Policies (Details)	Mar. 30, 2019
Building and Building Improvements [Member] \| Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	20 years
Building and Building Improvements [Member] \| Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	30 years
Machinery and Equipment [Member] \| Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	3 years
Machinery and Equipment [Member] \| Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	15 years
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property Plant And Equipment Useful Life Description	Shorter of the term of lease or estimated useful life

Summary of Significant Accounting Policies (Details 1) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Mar. 30, 2019	Mar. 31, 2018	Apr. 01, 2017
Accounting Policies [Abstract]
Net income	$ 105,193	$ 87,141	$ 70,623
Denominator:
Denominator for basic net income per common share-weighted-average shares	24,357,684	23,948,565	23,521,615
Effect of dilution due to employee stock options	358,529	415,224	263,021
Denominator for diluted net income per common share-adjusted weighted-average shares	24,716,213	24,363,789	23,784,636
Basic net income per common share (in dollars per share)	$ 4.32	$ 3.64	$ 3.00
Diluted net income per common share (in dollars per share)	$ 4.26	$ 3.58	$ 2.97

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(19))
-URI http://asc.fasb.org/extlink&oid=116637232&loc=SL114874131-224263

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=117326831&loc=d3e1337-109256

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 55
-Paragraph 52
-URI http://asc.fasb.org/extlink&oid=117327953&loc=d3e4984-109258

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(21))
-URI http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=117326831&loc=d3e1252-109256

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(23))
-URI http://asc.fasb.org/extlink&oid=116637391&loc=SL114874048-224260

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-SubTopic 10
-Section 45
-Paragraph 60B
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=117326831&loc=SL5780133-109256

+ Details

- Definition

The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
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-Name Accounting Standards Codification
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+ Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

Summary of Significant Accounting Policies (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Mar. 30, 2019	Mar. 31, 2018	Apr. 01, 2017
Accounting Policies [Abstract]
Balance Beginning, Currency Translation	$ 2,213
Other comprehensive income before reclassifications, Currency Translation	(5,514)
Amounts reclassified from accumulated other comprehensive loss, Currency Translation
Net current period other comprehensive income, Currency Translation	(5,514)	$ 6,155	$ (4,164)
Balance Ending, Currency Translation	(3,301)	2,213
Balance Beginning, Pension and Postretirement Liability	(4,498)
Other comprehensive income before reclassifications, Pension and Postretirement Liability	(440)
Amounts reclassified from accumulated other comprehensive loss, Pension and Postretirement Liability	772
Net current period other comprehensive income, Pension and Postretirement Liability	332	1,383	$ 1,331
Balance Ending, Pension and Postretirement Liability	(4,166)	(4,498)
Balance Beginning, Total	(2,285)
Other comprehensive income before reclassifications	(5,954)
Amounts reclassified from accumulated other comprehensive loss	772
Net current period other comprehensive income	(5,182)
Balance Ending, Total	$ (7,467)	$ (2,285)

Summary of Significant Accounting Policies (Details Narrative) $ in Thousands	12 Months Ended
	Mar. 30, 2019 USD ($) shares	Mar. 31, 2018 USD ($) shares	Apr. 01, 2017 USD ($) shares	Apr. 02, 2016 USD ($)
Number of Employee Stock Options Excluded from the Calculation of Diluted Earnings Per Share \| shares	256,990	217,280	459,500
Net income (loss)	$ 105,193	$ 87,141	$ 70,623
Assets, Total	$ 1,147,367	1,142,751	1,108,847
Goodwill, Impaired, Facts and Circumstances Leading to Impairment	A decrease of 1.0% in our terminal growth rate would not result in impairment of goodwill for any of our reporting units. An increase of 1.0% in our discount rate would not result in impairment of goodwill for any of our reporting units.
Tax benefits from stock based compensation			4,780
Unrecognized excess tax benefits	$ 13,479	11,935	13,775	$ 14,297
U.S. statutory tax rate (in percent)	21.00%
Previously U.S. statutory tax rate (in percent)	35.00%
Cost of sales	$ 425,863	416,412	385,177
Percentage of decrease in terminal growth rate	1.00%
Percentage of increase discount rate	1.00%
Accounting Standards Update 2017-07 [Member]
Reclassification net periodic benefit cost		633	893
Cost of sales		426	615
Other, net		207	278
Measurement Input, Long-term Revenue Growth Rate [Member]
Fair Value Inputs, Long-term Revenue Growth Rate	2.5
Measurement Input, Discount Rate [Member]
Fair Value Inputs, Long-term Revenue Growth Rate	1.0
Foreign Tax Authority [Member]
Net income (loss)	$ 7,180	776	$ 7,414
Assets, Total	$ 115,789	$ 135,801
Restricted Stock [Member]
Number of Employee Stock Options Excluded from the Calculation of Diluted Earnings Per Share \| shares	1,500	53,073	3,000
Maximum [Member]
Cash, FDIC Insured Amount	$ 250
Percentage Of Goodwill Fair Value Exceeding Carrying Value	102.70%
Minimum [Member]
Percentage Of Goodwill Fair Value Exceeding Carrying Value	27.20%
Accounts Receivable [Member]
Concentration Risk, Percentage	7.00%	6.00%
Sales [Member]
Percentage of revenue recognition	6.00%
Sales [Member]
Percentage of revenue recognition	94.00%
Stock-Based Compensation [Member]
Tax benefits from stock based compensation	$ 5,679	$ 4,917
Unrecognized excess tax benefits	$ 1,144

Revenue from Contracts with Customers (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 30, 2019	Mar. 31, 2018	Apr. 01, 2017
Revenue from contracts with customers	$ 702,516	$ 674,949	$ 615,388
Plain [Member]
Revenue from contracts with customers	323,251	296,708	277,700
Roller [Member]
Revenue from contracts with customers	143,832	132,021	109,483
Ball [Member]
Revenue from contracts with customers	72,307	67,806	58,448
Engineered Products [Member]
Revenue from contracts with customers	163,126	178,414	169,757
Aerospace [Member]
Revenue from contracts with customers	431,133	418,711	403,844
Aerospace [Member] \| Plain [Member]
Revenue from contracts with customers	238,259	220,649	211,624
Aerospace [Member] \| Roller [Member]
Revenue from contracts with customers	70,682	65,496	61,461
Aerospace [Member] \| Ball [Member]
Revenue from contracts with customers	21,621	18,076	16,972
Aerospace [Member] \| Engineered Products [Member]
Revenue from contracts with customers	100,571	114,490	113,787
Industrial [Member]
Revenue from contracts with customers	271,383	256,238	211,544
Industrial [Member] \| Plain [Member]
Revenue from contracts with customers	84,992	76,059	66,076
Industrial [Member] \| Roller [Member]
Revenue from contracts with customers	73,150	66,525	48,022
Industrial [Member] \| Ball [Member]
Revenue from contracts with customers	50,686	49,730	41,476
Industrial [Member] \| Engineered Products [Member]
Revenue from contracts with customers	$ 62,555	$ 63,924	$ 55,970

Revenue from Contracts with Customers (Details 1)
$ in Thousands

12 Months Ended

Mar. 30, 2019

USD ($)

Contract Assets - Current

Balance at beginning

$ 1,323

^[1]

Additional revenue recognized in excess of billings

3,928

^[1]

Less: amounts billed to customers

(3,356)

^[1]

Balance at ending

1,895

^[1]

Contract Liabilities - Current

Balance at beginning

14,450

^[2]

Payments received prior to revenue being recognized

14,773

^[2]

Revenue recognized

(19,769)

^[2]

Reclassification to/from noncurrent

667

^[2]

Balance at ending

10,121

^[2]

Contract Liabilities - Noncurrent

Balance at beginning

1,254

^[3]

Reclassification to/from current

(667)

^[3]

Balance at ending

$ 587

^[3]

[1]	Included within prepaid expenses and other current assets on the consolidated balance sheet.
[2]	Included within accrued expenses and other current liabilities on the consolidated balance sheet.
[3]	Included within other non-current liabilities on the consolidated balance sheet.

Revenue from Contracts with Customers (Details Narrative) $ / shares in Units, $ in Thousands	12 Months Ended
	Mar. 30, 2019 USD ($) Number $ / shares	Mar. 31, 2018 USD ($) $ / shares	Apr. 01, 2017 USD ($) $ / shares	Apr. 02, 2018 USD ($)
Retained earnings	$ 641,894	$ 536,978
Sales	702,516	674,949	$ 615,388
Operating income	132,035	128,774	114,586
Net income (loss)	$ 105,193	$ 87,141	$ 70,623
Basic income per share (in dollars per share) \| $ / shares	$ 4.32	$ 3.64	$ 3.00
Diluted income per share (in dollars per share) \| $ / shares	$ 4.26	$ 3.58	$ 2.97
Inventory work-in-process	$ 90,820	$ 77,890
Transaction price allocated to remaining performance obligations	1 year
The aggregate amount of the transaction price allocated to remaining performance obligations	$ 219,298
Remaining performance obligations over the next 12 months	71.00%
Remaining performance obligations over the next 24 months	95.00%
Revenue recognize remaining performance obligations	Remaining performance obligations over the next 12 and 24 months, respectively, with the remainder recognized thereafter.
Accounts receivable with customers, net	$ 130,735	$ 116,890
Number of segment \| Number	4
Difference between Revenue Guidance in Effect before and after Topic 606 [Member]
Retained earnings	$ 297			$ (277)
Contract assets				1,323
Contract liabilities				754
Sales	1,278
Operating income	666
Net income (loss)	$ 574
Basic income per share (in dollars per share) \| $ / shares	$ 0.02
Diluted income per share (in dollars per share) \| $ / shares	$ 0.02
Inventory work-in-process	$ (1,260)			$ (847)
Prepaids and other current assets	1,895
Accrued expenses and other current liabilities	$ 2,058

Allowance for Doubtful Accounts (Details) - USD ($)
$ in Thousands

12 Months Ended

Mar. 30, 2019

Mar. 31, 2018

Apr. 01, 2017

Receivables [Abstract]

Allowance for doubtful accounts, Balance at Beginning of Year

$ 1,326

$ 1,213

$ 1,324

Allowance for doubtful accounts, Additions

203

125

Allowance for doubtful accounts, Other

^[1]

(85)

(157)

Allowance for doubtful accounts, Write-offs

(14)

(85)

(50)

Allowance for doubtful accounts, Balance at End of Year

$ 1,430

$ 1,326

$ 1,213

[1]	Foreign currency, disposition and acquisition transactions.

Inventory (Details) - USD ($) $ in Thousands	Mar. 30, 2019	Mar. 31, 2018
Inventory Disclosure [Abstract]
Raw materials	$ 48,690	$ 44,102
Work in process	90,820	77,890
Finished goods	195,491	184,132
Inventory, total	$ 335,001	$ 306,124

Property, Plant and Equipment (Details) - USD ($) $ in Thousands	Mar. 30, 2019	Mar. 31, 2018
Property, Plant and Equipment [Abstract]
Land	$ 18,735	$ 19,723
Buildings and improvements	86,477	86,237
Machinery and equipment	289,467	259,645
Property, plant and equipment, Gross	394,679	365,605
Less: accumulated depreciation and amortization	(186,784)	(173,092)
Property, plant and equipment, Net	$ 207,895	$ 192,513

Restructuring of Operations (Details Narrative) - USD ($) $ in Thousands		3 Months Ended					12 Months Ended
	Nov. 28, 2018	Mar. 30, 2019	Dec. 29, 2018	Mar. 31, 2018	Dec. 30, 2017	Sep. 30, 2017	Mar. 30, 2019	Mar. 31, 2018	Apr. 01, 2017	Apr. 02, 2016
Restructuring Cost and Reserve [Line Items]
Unrecognized tax benefit		$ 13,479		$ 11,935			$ 13,479	$ 11,935	$ 13,775	$ 14,297
Intangible assets		155,641		183,764			155,641	183,764
Goodwill		261,431		268,124			261,431	268,124
Pre-tax income (loss)							126,090	119,851	$ 104,884
Avborne Accessory Group, Inc. [Member]
Restructuring Cost and Reserve [Line Items]
Proceeds from sale of subsidiaries	$ 22,284
Transaction cost		1,690					1,690
Unrecognized tax benefit		(4,048)					(4,048)
Other net assets		10,332					10,332
Intangible assets		20,373					20,373
Goodwill		6,691					6,691
Pre-tax income (loss)		258					258
Miami Division [Member]
Restructuring Cost and Reserve [Line Items]
Goodwill			$ 6,691
Employee Termination Costs [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges				100	$ 1,091
Engineered Products [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges						$ 5,577
Impairment of fixed assets						1,337
Impairment of intangible assets (excluding goodwill)						5,157
Discrete tax benefit						$ (917)
Total cumulative restructuring after-tax charges							6,743
After tax loss associated with restructuring			$ 12,754
Goodwill		$ 160,204		$ 166,897			160,204	$ 166,897
Engineered Products [Member] \| Miami Division [Member]
Restructuring Cost and Reserve [Line Items]
Pre-tax income (loss)							$ (16,802)

Goodwill and Intangible Assets (Details) $ in Thousands	12 Months Ended
Goodwill and Intangible Assets (Details) $ in Thousands	Mar. 30, 2019 USD ($)
Goodwill [Line Items]
Goodwill beginnning balance	$ 268,124
Disposition	(6,691)
Translation adjustments	(2)
Goodwill ending balance	261,431
Roller [Member]
Goodwill [Line Items]
Goodwill beginnning balance	16,007
Disposition
Translation adjustments
Goodwill ending balance	16,007
Plain [Member]
Goodwill [Line Items]
Goodwill beginnning balance	79,597
Disposition
Translation adjustments
Goodwill ending balance	79,597
Ball [Member]
Goodwill [Line Items]
Goodwill beginnning balance	5,623
Disposition
Translation adjustments
Goodwill ending balance	5,623
Engineered Products [Member]
Goodwill [Line Items]
Goodwill beginnning balance	166,897
Disposition	(6,691)
Translation adjustments	(2)
Goodwill ending balance	$ 160,204

Goodwill and Intangible Assets (Details 1) - USD ($) $ in Thousands	12 Months Ended
	Mar. 30, 2019	Mar. 31, 2018
Finite-Lived Intangible Assets [Line Items]
Weighted Average Useful Lives	22 years
Non-amortizable repair station certifications	$ 24,281	$ 34,200
Gross amount	201,742	222,644
Accumulated Amortization	$ 46,101	38,880
Product Approvals [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted Average Useful Lives	24 years
Gross Carrying Amount	$ 50,878	50,878
Accumulated Amortization	$ 10,481	8,351
Customer Relationships And Lists [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted Average Useful Lives	24 years
Gross Carrying Amount	$ 96,458	106,583
Accumulated Amortization	$ 19,149	16,499
Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted Average Useful Lives	10 years
Gross Carrying Amount	$ 15,959	18,734
Accumulated Amortization	$ 7,447	6,765
Distributor Agreements [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted Average Useful Lives	5 years
Gross Carrying Amount	$ 722	722
Accumulated Amortization	$ 722	722
Patents And Trademarks [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted Average Useful Lives	16 years
Gross Carrying Amount	$ 10,534	9,657
Accumulated Amortization	$ 5,540	4,810
Domain Names [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted Average Useful Lives	10 years
Gross Carrying Amount	$ 437	437
Accumulated Amortization	$ 437	430
Other Intangible Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted Average Useful Lives	3 years
Gross Carrying Amount	$ 2,473	1,433
Accumulated Amortization	$ 2,325	$ 1,303

Goodwill and Intangible Assets (Details 2) $ in Thousands	Mar. 30, 2019 USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
2020	$ 8,050
2021	8,001
2022	7,882
2023	7,802
2024	7,670
2025 and thereafter	$ 91,955

Goodwill and Intangible Assets (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Mar. 30, 2019	Mar. 31, 2018	Apr. 01, 2017	Dec. 29, 2018
Amortization of intangible assets	$ 9,666	$ 9,344	$ 9,272
Goodwill	$ 261,431	$ 268,124
Percentage of decrease in terminal growth rate	1.00%
Percentage of increase discount rate	1.00%
Miami Division [Member]
Goodwill				$ 6,691
Miami Division [Member] \| Repair Station Certifications [Member]
Finite-Lived Intangible Assets, Net				9,919
Miami Division [Member] \| Customer Relationships [Member]
Finite-Lived Intangible Assets, Net				8,674
Miami Division [Member] \| Trade Names [Member]
Finite-Lived Intangible Assets, Net				$ 1,780
Miami Division [Member] \| Engineered Products And Reporting Unit [Member]
Goodwill impairment test discount rate percentage	11.00%
Goodwill impairment terminal growth rate percentage	2.50%
Percentage of exceeded carrying value	21.90%

Accrued Expenses and Other Current Liabilities (Details) - USD ($) $ in Thousands	Mar. 30, 2019	Mar. 31, 2018
Other Liabilities, Noncurrent [Abstract]
Employee compensation and related benefits	$ 14,485	$ 14,240
Taxes	4,789	2,939
Deferred revenue	10,121	13,613
Workers compensation	2,685	2,086
Legal	1,184	1,228
Other	6,806	6,671
Accrued expenses and other current liabilities, net	$ 40,070	$ 40,777

Debt (Details) - USD ($) $ in Thousands	Mar. 30, 2019	Mar. 31, 2018
Debt Instrument [Line Items]
Debt issuance cost	$ (1,912)	$ (2,968)
Total debt	43,646	173,355
Less: current portion	467	19,238
Long-term debt	43,179	154,117
Other Loan [Member]
Debt Instrument [Line Items]
Total debt	6,308	7,073
Revolving Credit Facility And Term Loan Facilities [Member]
Debt Instrument [Line Items]
Total debt	$ 39,250	$ 169,250

Debt (Details Narrative) SFr in Thousands, $ in Thousands						12 Months Ended
Debt (Details Narrative) SFr in Thousands, $ in Thousands	Jan. 31, 2019 USD ($)	May 31, 2018 USD ($)	Apr. 24, 2015 USD ($)	Oct. 01, 2012 USD ($)	Oct. 01, 2012 CHF (SFr)	Mar. 30, 2019 USD ($) Number	Mar. 31, 2018 USD ($)	Apr. 01, 2017 USD ($)	Mar. 30, 2019 CHF (SFr)	Oct. 01, 2012 CHF (SFr)
Debt Instruments, Issuance Costs						$ 1,912	$ 2,968
Unamortization Of Financing Costs						852
Long-term Debt, Maturities, Repayments of Principal in Next Twelve Months						467
Long-term Debt, Maturities, Repayments of Principal in Year Two						467
Long-term Debt, Maturities, Repayments of Principal in Year Three						467
Long-term Debt, Maturities, Repayments of Principal in Year Four						467
Long-term Debt, Maturities, Repayments of Principal in Year Five						39,717
Long-term Debt, Maturities, Repayments of Principal after Year Five						3,973
Schaublin [Member]
Cash paid for purchase price				$ 5,053
Schaublin [Member] \| CHF
Cash paid for purchase price \| SFr					SFr 4,767
Schaublin [Member] \| Land and Building [Member]
Land and building leased				$ 14,910
Period for fixed rate on mortgage loan				20 years	20 years
Mortgage loan interest rate				2.90%	2.90%
Mortgage loan fixed rate				$ 9,857
Mortgage loan						$ 6,308
Schaublin [Member] \| Land and Building [Member] \| CHF
Land and building leased \| SFr										SFr 14,067
Mortgage loan fixed rate \| SFr										SFr 9,300
Mortgage loan \| SFr									SFr 6,278
Maximum [Member] \| Amended Credit Agreement [Member]
Consolidated net debt adjusted EBITDA ratio \| Number						3.50
Minimum [Member] \| Amended Credit Agreement [Member]
Consolidated net debt adjusted EBITDA ratio \| Number						1
Revolver [Member]
Line of Credit						$ 3,990
Line of Credit Facility, Remaining Borrowing Capacity						206,760
Unamortized debt issuance costs						$ 1,912
Revolver [Member] \| Amended Credit Agreement [Member]
Line of Credit	$ 250,000
Unamortized debt issuance costs	$ 852
Debt instrument maturity term	Jan. 31, 2024
Term Loan [Member]
Unamortization Of Financing Costs		$ 987
Sargent Aerospace Defense Business [Member]
Business Acquisition, Date of Acquisition Agreement			Apr. 24, 2015
Sargent Aerospace Defense Business [Member] \| Revolving Credit Facility [Member]
Debt Instrument, Face Amount			$ 350,000
Sargent Aerospace Defense Business [Member] \| Term Loan [Member]
Debt Instrument, Face Amount			$ 200,000
Swingline Lender And Letter Of Credit Issuer [Member] \| Base Rate [Member]
Debt Instrument, Basis Spread on Variable Rate						0.00%
Swingline Lender And Letter Of Credit Issuer [Member] \| London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate						0.75%
Debt Instrument, Description of Variable Rate Basis						Higher of (1) Wells Fargo’s prime lending rate, (2) the federal funds effective rate plus 1/2 of 1% and (3) the one-month LIBOR rate plus 1%, or (b) LIBOR plus a specified margin, depending on the type of borrowing being made.

Other Non-Current Liabilities (Details) - USD ($) $ in Thousands	Mar. 30, 2019	Mar. 31, 2018
Other Liabilities, Noncurrent [Abstract]
Other postretirement benefits	$ 2,358	$ 2,450
Non-current income tax liability	19,854	20,176
Deferred compensation	15,425	13,620
Other	994	884
Other Liabilities, Noncurrent	$ 38,631	$ 37,130

Pension Plan (Details) - USD ($) $ in Thousands	Mar. 30, 2019	Mar. 31, 2018
Plan Assets	$ 26,163	$ 24,909
Cash and Cash Equivalents [Member]
Plan Assets	925	1,107
U.S. Equity Mutual Funds [Member]
Plan Assets	20,310	18,881
International Equity Mutual Funds [Member]
Plan Assets	1,876	1,985
Fixed Income Funds [Member]
Plan Assets	$ 3,052	$ 2,936

Pension Plan (Details 1) - Pension Plan [Member] - USD ($) $ in Thousands	12 Months Ended
	Mar. 30, 2019	Mar. 31, 2018	Apr. 01, 2017
Defined Benefit Plan Disclosure [Line Items]
Benefit obligation at beginning of year	$ 24,570	$ 25,049
Service cost	258	232	$ 251
Interest cost	885	904	889
Actuarial gain	389	(38)
Benefits paid	(1,595)	(1,577)
Benefit obligation at end of year	24,507	24,570	25,049
Change in plan assets:
Fair value of plan assets at beginning of year	24,909	23,154
Actual return on plan assets	1,349	1,832
Employer contributions	1,500	1,500
Benefits paid	(1,595)	(1,577)
Fair value of plan assets at end of year	26,163	24,909	$ 23,154
Overfunded status at end of year	1,656	339
Amounts recognized in the consolidated balance sheet:
Non-current assets	$ 1,656	$ 339

Pension Plan (Details 2) - Pension Plan [Member] - USD ($) $ in Thousands	Apr. 30, 2019	Mar. 31, 2018
Amounts recognized in accumulated other comprehensive loss:
Prior service cost	$ 37	$ 71
Net actuarial loss	7,307	7,596
Accumulated other comprehensive loss	$ 7,344	$ 7,667

Pension Plan (Details 3) - Pension Plan [Member] $ in Thousands	Mar. 30, 2019 USD ($)
Amounts included in accumulated other comprehensive loss expected to be recognized as components of net periodic benefit cost in 2018:
Prior service cost	$ 35
Net actuarial loss	887
Total	$ 922

Pension Plan (Details 4) - Pension Plan [Member] - USD ($) $ in Thousands	12 Months Ended
	Mar. 30, 2019	Mar. 31, 2018	Apr. 01, 2017
Components of net periodic benefit cost:
Service cost	$ 258	$ 232	$ 251
Interest cost	885	904	889
Expected return on plan assets	(1,667)	(1,610)	(1,581)
Amortization of prior service cost	35	35	60
Amortization of losses	995	1,207	1,394
Net periodic benefit cost	$ 506	$ 768	$ 1,013

Pension Plan (Details 5)	12 Months Ended
Pension Plan (Details 5)	Mar. 30, 2019	Mar. 31, 2018	Apr. 01, 2017
Retirement Benefits [Abstract]
Discount rate	3.70%	3.70%	3.40%
Expected long-term rate of return on plan assets	6.75%	7.00%	7.00%

Pension Plan (Details 6) - Pension Plan [Member] $ in Thousands	Mar. 30, 2019 USD ($)
Defined Benefit Plan Disclosure [Line Items]
2020	$ 1,705
2021	1,722
2022	1,737
2023	1,743
2024	1,734
2025-2029	$ 8,132

Pension Plan (Details Narrative) $ in Thousands	12 Months Ended
Pension Plan (Details Narrative) $ in Thousands	Mar. 30, 2019 USD ($) Number	Mar. 31, 2018 USD ($)	Apr. 01, 2017 USD ($)
Pension Plan Entire Disclosure [Line Items]
Discount rate used in determining the accumulated postretirement benefit obligation	3.50%	3.70%
Cash contributions minimum	$ 750
Cash contributions maximum	$ 1,500
Minimum [Member]
Pension Plan Entire Disclosure [Line Items]
Target Allocation of Plan Assets in Equity	30.00%
Maximum [Member]
Pension Plan Entire Disclosure [Line Items]
Target Allocation of Plan Assets in Equity	70.00%
Schaublin Pension Plan [Member]
Pension Plan Entire Disclosure [Line Items]
Number of employees covered by the Schaublin pension plan \| Number	146
Company contribution and premium payments	$ 887	$ 889	$ 875
Pension Plans [Member]
Pension Plan Entire Disclosure [Line Items]
Employer contributions	$ 1,889	1,714	1,585
Pension Plans [Member] \| Minimum [Member]
Pension Plan Entire Disclosure [Line Items]
Employer Contribution Percentage	10.00%
Pension Plans [Member] \| Maximum [Member]
Pension Plan Entire Disclosure [Line Items]
Employer Contribution Percentage	100.00%
Supplemental Employee Retirement Plan [Member]
Pension Plan Entire Disclosure [Line Items]
Eligible employee compensation	25.00%
Employer contributions	$ 312	$ 271	$ 256
Percentage Of Employees Annual Salary	1.75%

Postretirement Health Care and Life Insurance Benefits (Details) - Postretirement Benefit Costs [Member] - USD ($) $ in Thousands	12 Months Ended
	Mar. 30, 2019	Mar. 31, 2018
Change in benefit obligation:
Benefit obligation at beginning of year	$ 2,671	$ 2,963
Service cost	47	33
Interest cost	91	98
Actuarial gain	(131)	(297)
Benefits paid	(131)	(126)
Benefit obligation at end of year	2,547	2,671
Change in plan assets:
Fair value of plan assets at beginning of year
Company contributions	131	126
Benefits paid	(131)	(126)
Fair value of plan assets at end of year
Underfunded status at end of year	(2,547)	(2,671)
Amounts recognized in the consolidated balance sheet:
Current liability	(189)	(221)
Non-current liability	(2,358)	(2,450)
Net liability recognized	(2,547)	(2,671)
Amounts recognized in accumulated other comprehensive loss:
Prior service cost	12	15
Net actuarial loss	(191)	(85)
Accumulated other comprehensive loss	$ (179)	$ (70)

Postretirement Health Care and Life Insurance Benefits (Details 1) - Postretirement Benefit Plans [Member] $ in Thousands	Mar. 30, 2019 USD ($)
Defined Benefit Plan Disclosure [Line Items]
Prior service cost	$ 3
Net actuarial loss	(20)
Total	$ (17)

Postretirement Health Care and Life Insurance Benefits (Details 2) - Postretirement Benefit Plans [Member] - USD ($) $ in Thousands	12 Months Ended
	Mar. 30, 2019	Mar. 31, 2018	Apr. 01, 2017
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 47	$ 33	$ 41
Interest cost	91	98	102
Prior service cost amortization	3	3	3
Amount of loss recognized	(25)	(4)	26
Net periodic benefit cost	$ 116	$ 130	$ 172

Postretirement Health Care and Life Insurance Benefits (Details 3) - Postretirement Benefit Costs [Member] $ in Thousands	Mar. 30, 2019 USD ($)
Defined Benefit Plan Disclosure [Line Items]
2020	$ 189
2021	185
2022	185
2023	193
2024	184
2025-2029	$ 937

Postretirement Health Care and Life Insurance Benefits (Details Narrative)	12 Months Ended
	Mar. 30, 2019	Mar. 31, 2018	Apr. 01, 2017
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Discount Rate	3.50%	3.70%
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Discount Rate	3.70%	3.70%	3.40%
Postretirement Benefit Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Discount Rate	3.50%	3.70%
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Discount Rate	3.70%	3.70%	3.40%

Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
Income Taxes (Details) - USD ($) $ in Thousands	Mar. 30, 2019	Mar. 31, 2018	Apr. 01, 2017
Income Taxes [Line Items]
Income before income taxes	$ 126,090	$ 119,851	$ 104,884
Domestic Tax Authority [Member]
Income Taxes [Line Items]
Income before income taxes	115,747	116,513	94,629
Foreign Tax Authority [Member]
Income Taxes [Line Items]
Income before income taxes	$ 10,343	$ 3,338	$ 10,255

Income Taxes (Details 1) - USD ($) $ in Thousands	12 Months Ended
Income Taxes (Details 1) - USD ($) $ in Thousands	Mar. 30, 2019	Mar. 31, 2018	Apr. 01, 2017
Current tax expense:
Federal	$ 18,200	$ 28,555	$ 21,903
State	2,908	1,313	887
Foreign	4,693	3,544	3,148
Current Income Tax Expense (Benefit)	25,801	33,412	25,938
Deferred tax expense:
Federal	(4,111)	(273)	8,299
State	(756)	457	245
Foreign	(37)	(886)	(221)
Deferred Income Tax Expense (Benefit)	(4,904)	(702)	8,323
Total	$ 20,897	$ 32,710	$ 34,261

Income Taxes (Details 2) - USD ($) $ in Thousands	12 Months Ended
Income Taxes (Details 2) - USD ($) $ in Thousands	Mar. 30, 2019	Mar. 31, 2018	Apr. 01, 2017
Income Tax Disclosure [Abstract]
Income taxes using U.S. federal statutory rate	$ 26,479	$ 37,825	$ 36,710
State income taxes, net of federal benefit	1,714	1,221	676
Domestic production activities deduction		(1,374)	(1,803)
Revaluation of deferred tax liabilities due to federal rate change	282	(9,318)
Stock based compensation	(5,155)	(4,905)
Foreign rate differential	2,484	1,604	(662)
Transition tax	(161)	9,166
Research and development credits	(1,765)	(1,293)	(1,163)
Foreign derived intangible income (FDII)	(1,772)
U.S. unrecognized tax positions	(951)	452	(290)
Other - net	(258)	(668)	793
Income Tax Expense (Benefit)	$ 20,897	$ 32,710	$ 34,261

Income Taxes (Details 3) - USD ($) $ in Thousands	Mar. 30, 2019	Mar. 31, 2018
Deferred tax assets:
Postretirement benefits	$ 560	$ 577
Employee compensation accruals	4,034	1,620
Inventory	9,298	7,688
Stock compensation	4,734	4,917
Tax loss and credit carryforwards	9,863	4,952
State tax	1,270	1,134
Other	187	77
Total gross deferred tax assets	29,946	20,965
Valuation allowance	(3,643)	(2,318)
Total deferred tax assets	26,303	18,647
Deferred tax liabilities:
Property, plant and equipment	(16,312)	(13,648)
Pension	(388)	(78)
Intangible assets	(16,465)	(16,670)
Total deferred tax liabilities	(33,165)	(30,396)
Total net deferred liabilities	$ (6,862)	$ (11,749)

Income Taxes (Details 4) - USD ($) $ in Thousands	12 Months Ended
Income Taxes (Details 4) - USD ($) $ in Thousands	Mar. 30, 2019	Mar. 31, 2018	Apr. 01, 2017
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Balance, beginning of year	$ 11,935	$ 13,775	$ 14,297
Gross (decreases) increases - tax positions taken during a prior period	624	(2,475)	(488)
Gross increases - tax positions taken during the current period	2,697	1,146	1,280
Reductions due to settlement with taxing authorities			(223)
Reductions due to lapse of the applicable statute of limitations	(1,777)	(511)	(1,091)
Balance, end of year	$ 13,479	$ 11,935	$ 13,775

Income Taxes (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
Income Taxes (Details Narrative) - USD ($) $ in Thousands	Mar. 30, 2019	Mar. 31, 2018	Apr. 01, 2017
Income Tax Contingency [Line Items]
Valuation Allowances and Reserves, Period Increase (Decrease)	$ 1,325	$ 1,400
Net Operating Losses	7,332
Undistributed foreign earnings	11,708
Accrued interest and penalties	1,193	1,148
Recognized expenss (benefit) related to interest and penalties	45	$ 284	$ (36)
Estimated Decrease In Unrecognized Tax Positions In Credits And State Tax	$ 1,197
Corporate income tax rate	21.00%
Previous Corporate income tax rate	35.00%
Income tax expense benefit	$ 1,651
Domestic Tax Authority [Member]
Income Tax Contingency [Line Items]
Tax Credit Carryforward Expiration Year	2039
Effective Income Tax Rate Reconciliation, Tax Credit, Amount, Total	$ 936
Foreign Tax Authority [Member]
Income Tax Contingency [Line Items]
Tax Credit Carryforward Expiration Year	2038
Effective Income Tax Rate Reconciliation, Tax Credit, Amount, Total	$ 5,668

Stockholders' Equity (Details) - Employee Stock Option [Member] $ / shares in Units, $ in Thousands	12 Months Ended
	Mar. 30, 2019 USD ($) $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number Of Common Stock Options, Outstanding, Beginning balance \| shares	937,417
Number Of Common Stock Options, Awarded \| shares	201,315
Number Of Common Stock Options, Exercised \| shares	(352,552)
Number Of Common Stock Options, Forfeitures \| shares	(43,040)
Number Of Common Stock Options, Outstanding, Ending balance \| shares	743,140
Number Of Common Stock Options, Exercisable, Ending balance \| shares	137,762
Weighted Average Exercise Price, Outstanding, Beginning balance \| $ / shares	$ 76.03
Weighted Average Exercise Price, Awarded \| $ / shares	133.21
Weighted Average Exercise Price, Exercised \| $ / shares	66.01
Weighted Average Exercise Price, Forfeitures \| $ / shares	84.07
Weighted Average Exercise Price, Outstanding, Ending balance \| $ / shares	95.82
Weighted Average Exercise Price, Exercisable, Ending balance \| $ / shares	$ 71.07
Weighted Average Contractual Life (Years), Beginning balance	5 years 2 months 12 days
Weighted Average Contractual Life (Years), Outstanding	5 years 3 months 18 days
Weighted Average Contractual Life (Years), Exercisable	3 years 9 months 18 days
Intrinsic Value, Beginning balance \| $	$ 45,151
Intrinsic Value, Ending Outstanding \| $	23,301
Intrinsic Value, Exercisable \| $	$ 7,728

Stockholders' Equity (Details 1)	12 Months Ended
Stockholders' Equity (Details 1)	Mar. 30, 2019	Mar. 31, 2018	Apr. 01, 2017
Stockholders' Equity Note [Abstract]
Dividend yield	0.00%	0.00%	0.00%
Expected weighted-average life (yrs.)	5 years	5 years	5 years
Risk-free interest rate	2.77%	2.02%	1.17%
Expected volatility	25.16%	24.17%	28.45%

Stockholders' Equity (Details 2)	12 Months Ended
Stockholders' Equity (Details 2)	Mar. 30, 2019 $ / shares shares
Stockholders' Equity Note [Abstract]
Number Of Restricted Stock Shares, Non-vested, Beginning balance \| shares	304,978
Number Of Restricted Stock Shares, Granted \| shares	144,020
Number Of Restricted Stock Shares, Vested \| shares	(118,047)
Number Of Restricted Stock Shares, Forfeitures \| shares	(13,070)
Number Of Restricted Stock Shares, Non-vested, Ending balance \| shares	317,881
Weighted-Average Grant Date Fair Value, Non-vested, Beginning balance \| $ / shares	$ 87.75
Weighted-Average Grant Date Fair Value, Granted \| $ / shares	133.05
Weighted-Average Grant Date Fair Value, Vested \| $ / shares	82.13
Weighted-Average Grant Date Fair Value, Forfeitures \| $ / shares	95.66
Weighted-Average Grant Date Fair Value, Non-vested, Ending balance \| $ / shares	$ 110.03

Stockholders' Equity (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Mar. 30, 2019	Mar. 31, 2018	Apr. 01, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum option to purchase common stock, percentage	10.00%
Maximum fair market value limit to approve an award of incentive options	$ 100
Stock constituting voting interest, minimum	10.00%
Restricted stock outstanding	317,881	304,978
Total fair value of options vested	$ 28,006	$ 27,113	$ 19,899
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value	$ 37.02	$ 26.73	$ 20.58
Total intrinsic value of options exercised	$ 26,060	$ 16,002	$ 21,188
Total awards outstanding either fully vested or expected to vest	734,814
Total awards outstanding, vested or expected to vest, weighted average exercise price	$ 95.82
Total awards outstanding, vested or expected to vest, intrinsic value	$ 23,040
Total awards outstanding, vested or expected to vest, weighted average contractual term in years	5 years 3 months 18 days
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding options	743,140	937,417
Number Of Common Stock Options, Exercisable, Ending balance	137,762
Unrecognized compensation costs		$ 13,597
Two Thousand Five Long TermIncentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding options	30,200
Number Of Common Stock Options, Exercisable, Ending balance	0
Restricted stock outstanding	271,876
Option to be exercised within period, maximum, in years	10 years
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock outstanding	46,005
Unrecognized compensation costs	$ 27,652
Unrecognized compensation costs related to options expected to be recognized over a weighted average period in years	3 years 6 months
Net of taxes	$ 2,598
Restricted stock awards compensation	$ 8,645
Two Thousand Thirteen Long Term Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant options	515,100
Common stock authorized for issuance	1,500,000
Option to be exercised within period, maximum, in years	7 years
Number Of Common Stock Options, Exercisable, Ending balance	107,562
Restricted stock outstanding	197,840
Net of taxes	$ 1,119
Restricted stock awards compensation	$ 3,725
2017 Long - Term Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock authorized for issuance		1,500,000
Option to be exercised within period, maximum, in years		7 years
Two Thousand Five Longterm Incentive Plan Amendments In September Two Thousand Ten [Member] \| Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common Stock, Capital Shares Reserved for Future Issuance	2,239,170
Two Thousand Five Longterm Incentive Plan Amendments In September Two Thousand Ten [Member] \| Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common Stock, Capital Shares Reserved for Future Issuance	2,939,170
More Than Ten Percent Company's Voting Power [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise price minimum percent of fair market value of common stock share	110.00%
Two Thousand Five Long Term Incentive Plan Amendment In September Two Thousand Seven [Member] \| Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common Stock, Capital Shares Reserved for Future Issuance	1,639,170
Two Thousand Five Long Term Incentive Plan Amendment In September Two Thousand Seven [Member] \| Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common Stock, Capital Shares Reserved for Future Issuance	2,239,170
Two Thousand Five Long-Term Incentive Plan, Amendments In September Two Thousand Six [Member] \| Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common Stock, Capital Shares Reserved for Future Issuance	1,139,170
Two Thousand Five Long-Term Incentive Plan, Amendments In September Two Thousand Six [Member] \| Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common Stock, Capital Shares Reserved for Future Issuance	1,639,170

Commitments and Contingencies (Details) $ in Thousands	Mar. 30, 2019 USD ($)
Commitments and Contingencies Disclosure [Abstract]
2020	$ 5,317
2021	4,280
2022	2,885
2023	1,863
2024	1,031
2025 and thereafter	$ 2,593

Commitments and Contingencies (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Mar. 30, 2019	Mar. 31, 2018	Apr. 01, 2017
Commitments and Contingencies Disclosure [Abstract]
Operating Leases Rent Expense For Transportation Computer And Office Equipment	$ 1,788	$ 1,721	$ 1,656
Employees Represented By Labor Unions	7.70%
Operating Leases, Rent Expense	$ 5,384	$ 5,440	$ 5,548
Operating Lease Expiration Date	January 2029

Other, Net (Details) - USD ($) $ in Thousands	12 Months Ended
Other, Net (Details) - USD ($) $ in Thousands	Mar. 30, 2019	Mar. 31, 2018	Apr. 01, 2017
Other Net
Plant consolidation and restructuring costs	$ 16,906	$ 7,685	$ 4,124
Acquisition costs			55
Provision for doubtful accounts	203	125	96
Amortization of intangibles	9,666	9,344	9,272
Other expense (income)	339	(515)	(844)
Other, net	$ 27,114	$ 16,639	$ 12,703

Reportable Segments (Details) - USD ($) $ in Thousands	12 Months Ended
Reportable Segments (Details) - USD ($) $ in Thousands	Mar. 30, 2019	Mar. 31, 2018	Apr. 01, 2017
Segment Reporting Information [Line Items]
Net External Sales	$ 702,516	$ 674,949	$ 615,388
Gross Margin	276,653	258,537	230,211
Selling, General & Administrative Expenses	117,504	113,124	102,922
Operating Income	132,035	128,774	114,586
Total Assets	1,147,367	1,142,751	1,108,847
Capital Expenditures	41,346	27,976	20,894
Depreciation & Amortization	29,658	28,360	27,372
Geographic External Sales	702,516	674,949	615,388
Geographic Long-Lived Assets	207,895	192,513	183,625
Intersegment Sales	63,253	52,736	49,950
Plain [Member]
Segment Reporting Information [Line Items]
Net External Sales	323,251	296,708	277,700
Gross Margin	129,297	115,886	110,636
Selling, General & Administrative Expenses	25,617	25,991	23,585
Operating Income	100,048	86,628	81,484
Total Assets	393,014	401,248	371,169
Capital Expenditures	13,185	11,468	9,386
Depreciation & Amortization	9,849	9,296	9,075
Intersegment Sales	6,292	5,209	4,061
Roller [Member]
Segment Reporting Information [Line Items]
Net External Sales	143,832	132,021	109,483
Gross Margin	61,559	55,160	41,865
Selling, General & Administrative Expenses	6,266	6,307	6,116
Operating Income	55,148	48,831	34,008
Total Assets	166,733	157,012	147,226
Capital Expenditures	5,328	4,245	4,021
Depreciation & Amortization	4,029	4,109	4,198
Intersegment Sales	14,650	13,262	15,202
Ball [Member]
Segment Reporting Information [Line Items]
Net External Sales	72,307	67,806	58,448
Gross Margin	29,846	27,965	22,772
Selling, General & Administrative Expenses	6,428	6,773	5,657
Operating Income	23,222	20,919	16,593
Total Assets	66,443	60,000	55,788
Capital Expenditures	3,276	2,407	2,155
Depreciation & Amortization	1,971	1,752	1,836
Intersegment Sales	3,363	2,408	1,732
Engineered Products [Member]
Segment Reporting Information [Line Items]
Net External Sales	163,126	178,414	169,757
Gross Margin	55,951	59,526	54,938
Selling, General & Administrative Expenses	19,664	21,071	19,065
Operating Income	16,183	25,081	30,884
Total Assets	458,058	465,479	474,339
Capital Expenditures	18,715	7,209	4,591
Depreciation & Amortization	10,412	10,777	10,443
Intersegment Sales	38,948	31,857	28,955
Corporate Segment [Member]
Segment Reporting Information [Line Items]
Selling, General & Administrative Expenses	59,529	52,982	48,499
Operating Income	(62,566)	(52,685)	(48,383)
Total Assets	63,119	59,012	60,325
Capital Expenditures	842	2,647	741
Depreciation & Amortization	3,397	2,426	1,820
Domestic Tax Authority [Member]
Segment Reporting Information [Line Items]
Geographic External Sales	633,381	592,818	540,774
Geographic Long-Lived Assets	165,533	150,716	144,389
Foreign Tax Authority [Member]
Segment Reporting Information [Line Items]
Total Assets	115,789	135,801
Geographic External Sales	69,135	82,131	74,614
Geographic Long-Lived Assets	$ 42,362	$ 41,797	$ 39,236

Reportable Segments (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Mar. 30, 2019	Mar. 31, 2018	Apr. 01, 2017
Net income (loss)	$ 105,193	$ 87,141	$ 70,623
Miami Division [Member]
Net income (loss)	$ (16,544)

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details