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Annual report pursuant to Section 13 and 15(d)

STOCK-BASED COMPENSATION - Narrative (Details)

v3.23.1
STOCK-BASED COMPENSATION - Narrative (Details) - USD ($)
$ / shares in Units, $ in Millions
12 Months Ended
Apr. 01, 2023
Apr. 02, 2022
Apr. 03, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] Ìý Ìý Ìý
Total unrecognized compensation cost related to nonvested stock-based compensation $ 67.3 Ìý Ìý
Total unrecognized compensation cost related to nonvested stock-based compensation, period of recognition (in years) 1 year 6 months Ìý Ìý
Shares available for future grant (in shares) 19,070,828 Ìý Ìý
Share based compensation vesting period (in years) 3 years Ìý Ìý
Award expiration period from grant date (in years) 10 years Ìý Ìý
Total fair value of stock option vested $ 23.2 $ 16.6 $ 15.5
Total intrinsic value of stock options exercised $ 0.4 $ 22.9 $ 44.9
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) $ 45.23 $ 89.65 $ 70.88
Total market value of awards outstanding $ 19.8 Ìý Ìý
Share earned in period (in shares) Ìý 92,848 135,562
Market value of shares vested Ìý $ 4.4 $ 11.6
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 3 years 3 years
Percentage, revenue growth 50.00% 50.00% 50.00%
Percentage, TSR 50.00% 50.00% 50.00%
Percentage of targets award adjusted to actual number of shares earned 25.00% Ìý Ìý
Grant date fair value of each restricted units granted (in USD per share) $ 3.46 $ 101.56 $ 81.60
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) $ 38.31 $ 75.29 $ 63.99
Total market value of awards outstanding $ 36.2 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) $ 35.72 Ìý Ìý
Share earned in period (in shares) 377,702 Ìý Ìý
Market value of shares vested $ 11.1 $ 5.0 $ 27.9
Fair value of restricted stock $ 13.7 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 (in years) 1 year Ìý Ìý
Number of shares of common stock to be issued for each restricted stock unit granted (in shares) 1 Ìý Ìý