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Annual report pursuant to Section 13 and 15(d)

STOCK-BASED COMPENSATION - Narrative (Details)

v3.22.1
STOCK-BASED COMPENSATION - Narrative (Details) - USD ($)
$ / shares in Units, $ in Millions
12 Months Ended
Apr. 02, 2022
Apr. 03, 2021
Mar. 28, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] Ìý Ìý Ìý
Total unrecognized compensation cost related to nonvested stock-based compensation $ 86.9 Ìý Ìý
Total unrecognized compensation cost related to nonvested stock-based compensation, period of recognition (years) 2 years Ìý Ìý
Shares available for future grant (in shares) 19,332,994 Ìý Ìý
Share based compensation vesting period (in years) 3 years Ìý Ìý
Award expiration period from grant date 10 years Ìý Ìý
Total fair value of stock option vested $ 16.6 $ 15.5 $ 16.6
Total intrinsic value of stock options exercised $ 22.9 $ 44.9 $ 120.6
Performance-Based RSUs Ìý Ìý Ìý
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] Ìý Ìý Ìý
Performance period, years 3 years 3 years Ìý
Baseline profitability goal period 3 years Ìý Ìý
Grant date fair value of each restricted units granted (in USD per share) $ 89.65 $ 70.88 $ 84.28
Total market value of awards outstanding $ 51.6 Ìý Ìý
Share earned in period (in shares) Ìý 135,562 1,029,304
Market value of shares vested Ìý $ 11.6 $ 58.7
Performance-Based RSUs | Minimum Ìý Ìý Ìý
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] Ìý Ìý Ìý
Number of shares of common stock to be issued for each restricted stock unit granted (in shares) 0 Ìý Ìý
Performance-Based RSUs | Maximum Ìý Ìý Ìý
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] Ìý Ìý Ìý
Number of shares of common stock to be issued for each restricted stock unit granted (in shares) 2 Ìý Ìý
TSR Adjustment Performance-Based RSUs Ìý Ìý Ìý
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] Ìý Ìý Ìý
Performance period, years 3 years Ìý 3 years
Percentage, revenue growth 50.00% Ìý Ìý
Percentage, TSR 50.00% Ìý Ìý
Grant date fair value of each restricted units granted (in USD per share) $ 101.56 $ 81.60 $ 7.11
Percentage of targets award adjusted to actual number of shares earned 25.00% Ìý 25.00%
Nonperformance-Based RSUs Ìý Ìý Ìý
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] Ìý Ìý Ìý
Share based compensation vesting period (in years) 4 years Ìý Ìý
Grant date fair value of each restricted units granted (in USD per share) $ 75.29 $ 63.99 $ 84.22
Total market value of awards outstanding $ 51.0 Ìý Ìý
Restricted Stock Ìý Ìý Ìý
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] Ìý Ìý Ìý
Grant date fair value of each restricted units granted (in USD per share) $ 77.78 Ìý Ìý
Share earned in period (in shares) 67,151 Ìý Ìý
Market value of shares vested $ 5.0 $ 27.9 $ 3.6
Fair value of restricted stock $ 48.3 Ìý Ìý
Restricted Stock | Maximum Ìý Ìý Ìý
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] Ìý Ìý Ìý
Share based compensation vesting period (in years) 4 years Ìý Ìý
Non employee Board of Directors Ìý Ìý Ìý
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] Ìý Ìý Ìý
Stock options granted period of time options become exercisable (in years) 1 year Ìý Ìý
Non employee Board of Directors | Nonperformance-Based RSUs Ìý Ìý Ìý
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] Ìý Ìý Ìý
Award expiration period from grant date 1 year Ìý Ìý
Number of shares of common stock to be issued for each restricted stock unit granted (in shares) 1 Ìý Ìý