Pay vs Performance Disclosure - USD ($)

12 Months Ended

Mar. 29, 2025

Mar. 30, 2024

Apr. 01, 2023

Apr. 02, 2022

Apr. 03, 2021

Pay vs Performance Disclosure

Pay vs Performance Disclosure, Table


	Pay Versus Performance

The following Pay Versus Performance (PVP) table provides information about compensation for our NEOs for each of fiscal 2025, 2024, 2023, 2022 and 2021 (the “Covered Years”). The PVP table also provides information about the results for certain financial performance measures during the Covered Years. In reviewing this information, there are a few important things to consider:

•	The information in columns (b) and (d) comes directly from the Summary Compensation table (SCT) in this proxy statement, without adjustment.

•

As required by the PVP regulations, we describe the information in columns (c) and (e) as “compensation actually paid” (CAP) to the applicable NEOs, but these CAP amounts do not necessarily reflect compensation that our NEOs actually earned for their service in the Covered Years. Instead, CAP is a calculation involving a combination of realized pay (for cash amounts and some equity award amounts) and realizable or accrued pay (primarily for pension benefits and other equity awards).

•	The PVP regulations require that we choose a peer group or index for purposes of TSR comparisons, and we have chosen the S&P 400 Industrials Sector (the “PVP Peer Index”) for this purpose.

•	As required by the PVP regulations, we provide information about our cumulative TSR, cumulative PVP Peer Index TSR and U.S. GAAP net income results (the “External Measures”) during the Covered Years in the PVP table.

The Company is required to designate one financial metric as the “Company-Selected Measure,” or the most important financial measure that demonstrates how the Company sought to link 2025 executive pay to performance. For 2025, the Company has selected adjusted EBITDA. However, the Company believes that all of the metrics designated in the “Important Financial Performance Measures” section below are important drivers of Company performance.


																Value of initial fixed $100 Investment based on:
	Fiscal Year (a)			Summary Compensation Table “SCT” Total for PEO (b)			Compensation Actually Paid to PEO (c)⁽²⁾			Average Summary Compensation Table Total for non-PEO NEOs (d)			Average Compensation Actually Paid to non-PEO NEOs (e)⁽²⁾			Total Shareholder Return (f)⁽³⁾			PVP Peer Index Total Shareholder Return (g)⁽³⁾			Net Income (h)⁽⁴⁾			Adjusted EBITDA (i)⁽⁵⁾
	2025			$19,558,706			$26,092,862			$2,277,113			$3,512,610			$295.9			$263.0			$246.2			$519.8
	2024			$8,977,576			$12,753,252			$1,609,114			$2,003,000			$245.8			$283.9			$209.9			$482.1
	2023			$8,450,217			$14,352,594			$1,684,877			$2,647,801			$211.6			$209.7			$166.7			$433.9
	2022			$19,404,363			$18,435,256			$3,068,308			$2,923,082			$177.8			$201.6			$54.7			$266.5
	2021			$8,895,001			$31,906,739			$1,471,773			$4,853,752			$180.1			$195.7			$90.1			$174.3

(1)

Dr. Michal J. Hartnett was out principal executive officer (PEO) for each of the Covered Years. In this disclosure, we refer to our NEOs other than Dr. Hartnett as our “other NEOs.” Daniel A. Bergeron, Richard J. Edwards, John J. Feeney and Robert M. Sullivan were our other NEOs for each of the Covered Years.

(2)	For each Covered Year, in determining the CAP for our PEO and the average CAP for our other NEOs, we deducted or added back the following amounts from or to the total amounts of compensation reported in column (b) and column (d) for such Covered Year:


	Item and Value Added (or Deducted)			2025			2024			2023			2022			2021
	For Dr. Hartnett:
	- change in actuarial present value of pension benefits, as reported in SCT for Covered Year			-			-			-			-			-
	+ service cost of pension benefits, as calculated for Covered Year			-			-			-			-			-
	+ prior service cost of pension benefits, as calculated for Covered Year			-			-			-			-			-
	- SCT “Stock Awards” column value			(15,619,573)			(6,317,484)			(5,984,946)			(10,364,286)			(3,725,036)
	- SCT “Option Awards” column value			-			-			-			(5,820,840)			(2,900,431)
	+/- adjusted amount for applicable stock/option awards, as calculated for Covered Year			22,153,729			10,093,160			11,887,323			15,216,019			29,637,205
	+ the Covered Year-end fair value of equity awarded in (and still outstanding as of the end of) the Covered Year			10,183,010			8,560,633			6,995,864			16,179,662			11,090,134
	+/- the change in fair value of equity awarded in prior Covered Years (and still outstanding as of the end of the Covered Year)			3,414,310			3,925,511			4,844,811			(827,571)			15,484,735
	+ the vesting date fair value of equity awarded and vested in the Covered Year			6,750,000			-			-			-			-
	+/- the change in fair value of equity awarded in prior Covered Years that vested in the Covered Year			1,806,409			(2,392,984)			46,648			(136,072)			3,062,336
	- prior the Covered Year-end fair value of equity awarded in prior Covered Years that were forfeited in the Covered Year			-			-			-			-			-
	+ dividends/earnings paid or accrued on equity awarded during or for the Covered Year (if not otherwise included in CAP)			-			-			-			-			-
	Total Added (or Deducted):			6,534,156			3,775,676			5,902,377			(969,107)			23,011,738
	For the Other NEOs (on Average):
	- change in actuarial present value of pension benefits, as reported in SCT for Covered Year			-			-			-			-			-
	+ service cost of pension benefits, as calculated for Covered Year			-			-			-			-			-


	Item and Value Added (or Deducted)			2025			2024			2023			2022			2021
	+ prior service cost of pension benefits, as calculated for Covered Year			-			-			-			-			-
	- SCT “Stock Awards” column value			(1,345,767)			(750,557)			(834,923)			(1,419,015)			(548,610)
	- SCT “Option Awards” column value			(218,586)			(181,380)			(216,122)			(899,933)			(383,306)
	+/- adjusted amount for applicable stock/option awards, as calculated for Covered Year			2,799,850			1,325,823			2,013,969			2,173,722			4,313,895
	+ the Covered Year-end fair value of equity awarded in (and still outstanding as of the end of) the Covered Year			1,676,970			1,305,637			1,255,428			2,321,426			1,476,742
	+/- the change in fair value of equity awarded in prior Covered Years (and still outstanding as of the end of the Covered Year)			591,967			381,552			750,249			(131,882)			2,408,207
	+ the vesting date fair value pf equity awarded and vested in the Covered Year			-			-			-			-			-
	+/- the change in fair value of equity awarded in prior Covered Years that vested in the Covered Year			530,913			(361,366)			8,292			(15,822)			428,946
	- prior the Covered Year-end fair value of equity awarded in prior Covered Years that was forfeited in the Covered Year			-			-			-			-			-
	+ dividends/earnings paid or accrued on equity awarded during or for the Covered Year (if not otherwise included in CAP)			-			-			-			-			-
	Total Added (or Deducted):			1,235,497			393,886			962,924			(145,226)			3,381,979

(3)	TSR assumes an initial investment of $100 on March 28, 2020 in RBC common stock for our cumulative TSR and in the PVP Peer Index for the PVP Peer Index cumulative TSR, based on market prices at the end of each fiscal year through and including March 29, 2025, and reinvestment of dividends.

(4)	Dollars in millions.

(5)

Adjusted EBITDA is calculated based on the Company’s net income as used for external reporting purposes adjusted to exclude various items that are reflected in externally reported net income. See Appendix B for a reconciliation of adjusted EBITDA to its most directly comparable GAAP financial measure. Dollar values are in millions.

Company Selected Measure Name

Adjusted EBITDA

Named Executive Officers, Footnote

(1)

Dr. Michal J. Hartnett was out principal executive officer (PEO) for each of the Covered Years. In this disclosure, we refer to our NEOs other than Dr. Hartnett as our “other NEOs.” Daniel A. Bergeron, Richard J. Edwards, John J. Feeney and Robert M. Sullivan were our other NEOs for each of the Covered Years.

Peer Group Issuers, Footnote

(3)	TSR assumes an initial investment of $100 on March 28, 2020 in RBC common stock for our cumulative TSR and in the PVP Peer Index for the PVP Peer Index cumulative TSR, based on market prices at the end of each fiscal year through and including March 29, 2025, and reinvestment of dividends.

PEO Total Compensation Amount

$ 19,558,706

$ 8,977,576

$ 8,450,217

$ 19,404,363

$ 8,895,001

PEO Actually Paid Compensation Amount

$ 26,092,862

12,753,252

14,352,594

18,435,256

31,906,739

Adjustment To PEO Compensation, Footnote

(2)	For each Covered Year, in determining the CAP for our PEO and the average CAP for our other NEOs, we deducted or added back the following amounts from or to the total amounts of compensation reported in column (b) and column (d) for such Covered Year:


	Item and Value Added (or Deducted)			2025			2024			2023			2022			2021
	For Dr. Hartnett:
	- change in actuarial present value of pension benefits, as reported in SCT for Covered Year			-			-			-			-			-
	+ service cost of pension benefits, as calculated for Covered Year			-			-			-			-			-
	+ prior service cost of pension benefits, as calculated for Covered Year			-			-			-			-			-
	- SCT “Stock Awards” column value			(15,619,573)			(6,317,484)			(5,984,946)			(10,364,286)			(3,725,036)
	- SCT “Option Awards” column value			-			-			-			(5,820,840)			(2,900,431)
	+/- adjusted amount for applicable stock/option awards, as calculated for Covered Year			22,153,729			10,093,160			11,887,323			15,216,019			29,637,205
	+ the Covered Year-end fair value of equity awarded in (and still outstanding as of the end of) the Covered Year			10,183,010			8,560,633			6,995,864			16,179,662			11,090,134
	+/- the change in fair value of equity awarded in prior Covered Years (and still outstanding as of the end of the Covered Year)			3,414,310			3,925,511			4,844,811			(827,571)			15,484,735
	+ the vesting date fair value of equity awarded and vested in the Covered Year			6,750,000			-			-			-			-
	+/- the change in fair value of equity awarded in prior Covered Years that vested in the Covered Year			1,806,409			(2,392,984)			46,648			(136,072)			3,062,336
	- prior the Covered Year-end fair value of equity awarded in prior Covered Years that were forfeited in the Covered Year			-			-			-			-			-
	+ dividends/earnings paid or accrued on equity awarded during or for the Covered Year (if not otherwise included in CAP)			-			-			-			-			-
	Total Added (or Deducted):			6,534,156			3,775,676			5,902,377			(969,107)			23,011,738
	For the Other NEOs (on Average):
	- change in actuarial present value of pension benefits, as reported in SCT for Covered Year			-			-			-			-			-
	+ service cost of pension benefits, as calculated for Covered Year			-			-			-			-			-


	Item and Value Added (or Deducted)			2025			2024			2023			2022			2021
	+ prior service cost of pension benefits, as calculated for Covered Year			-			-			-			-			-
	- SCT “Stock Awards” column value			(1,345,767)			(750,557)			(834,923)			(1,419,015)			(548,610)
	- SCT “Option Awards” column value			(218,586)			(181,380)			(216,122)			(899,933)			(383,306)
	+/- adjusted amount for applicable stock/option awards, as calculated for Covered Year			2,799,850			1,325,823			2,013,969			2,173,722			4,313,895
	+ the Covered Year-end fair value of equity awarded in (and still outstanding as of the end of) the Covered Year			1,676,970			1,305,637			1,255,428			2,321,426			1,476,742
	+/- the change in fair value of equity awarded in prior Covered Years (and still outstanding as of the end of the Covered Year)			591,967			381,552			750,249			(131,882)			2,408,207
	+ the vesting date fair value pf equity awarded and vested in the Covered Year			-			-			-			-			-
	+/- the change in fair value of equity awarded in prior Covered Years that vested in the Covered Year			530,913			(361,366)			8,292			(15,822)			428,946
	- prior the Covered Year-end fair value of equity awarded in prior Covered Years that was forfeited in the Covered Year			-			-			-			-			-
	+ dividends/earnings paid or accrued on equity awarded during or for the Covered Year (if not otherwise included in CAP)			-			-			-			-			-
	Total Added (or Deducted):			1,235,497			393,886			962,924			(145,226)			3,381,979

Non-PEO NEO Average Total Compensation Amount

$ 2,277,113

1,609,114

1,684,877

3,068,308

1,471,773

Non-PEO NEO Average Compensation Actually Paid Amount

$ 3,512,610

2,003,000

2,647,801

2,923,082

4,853,752

Adjustment to Non-PEO NEO Compensation Footnote

(2)	For each Covered Year, in determining the CAP for our PEO and the average CAP for our other NEOs, we deducted or added back the following amounts from or to the total amounts of compensation reported in column (b) and column (d) for such Covered Year:


	Item and Value Added (or Deducted)			2025			2024			2023			2022			2021
	For Dr. Hartnett:
	- change in actuarial present value of pension benefits, as reported in SCT for Covered Year			-			-			-			-			-
	+ service cost of pension benefits, as calculated for Covered Year			-			-			-			-			-
	+ prior service cost of pension benefits, as calculated for Covered Year			-			-			-			-			-
	- SCT “Stock Awards” column value			(15,619,573)			(6,317,484)			(5,984,946)			(10,364,286)			(3,725,036)
	- SCT “Option Awards” column value			-			-			-			(5,820,840)			(2,900,431)
	+/- adjusted amount for applicable stock/option awards, as calculated for Covered Year			22,153,729			10,093,160			11,887,323			15,216,019			29,637,205
	+ the Covered Year-end fair value of equity awarded in (and still outstanding as of the end of) the Covered Year			10,183,010			8,560,633			6,995,864			16,179,662			11,090,134
	+/- the change in fair value of equity awarded in prior Covered Years (and still outstanding as of the end of the Covered Year)			3,414,310			3,925,511			4,844,811			(827,571)			15,484,735
	+ the vesting date fair value of equity awarded and vested in the Covered Year			6,750,000			-			-			-			-
	+/- the change in fair value of equity awarded in prior Covered Years that vested in the Covered Year			1,806,409			(2,392,984)			46,648			(136,072)			3,062,336
	- prior the Covered Year-end fair value of equity awarded in prior Covered Years that were forfeited in the Covered Year			-			-			-			-			-
	+ dividends/earnings paid or accrued on equity awarded during or for the Covered Year (if not otherwise included in CAP)			-			-			-			-			-
	Total Added (or Deducted):			6,534,156			3,775,676			5,902,377			(969,107)			23,011,738
	For the Other NEOs (on Average):
	- change in actuarial present value of pension benefits, as reported in SCT for Covered Year			-			-			-			-			-
	+ service cost of pension benefits, as calculated for Covered Year			-			-			-			-			-


	Item and Value Added (or Deducted)			2025			2024			2023			2022			2021
	+ prior service cost of pension benefits, as calculated for Covered Year			-			-			-			-			-
	- SCT “Stock Awards” column value			(1,345,767)			(750,557)			(834,923)			(1,419,015)			(548,610)
	- SCT “Option Awards” column value			(218,586)			(181,380)			(216,122)			(899,933)			(383,306)
	+/- adjusted amount for applicable stock/option awards, as calculated for Covered Year			2,799,850			1,325,823			2,013,969			2,173,722			4,313,895
	+ the Covered Year-end fair value of equity awarded in (and still outstanding as of the end of) the Covered Year			1,676,970			1,305,637			1,255,428			2,321,426			1,476,742
	+/- the change in fair value of equity awarded in prior Covered Years (and still outstanding as of the end of the Covered Year)			591,967			381,552			750,249			(131,882)			2,408,207
	+ the vesting date fair value pf equity awarded and vested in the Covered Year			-			-			-			-			-
	+/- the change in fair value of equity awarded in prior Covered Years that vested in the Covered Year			530,913			(361,366)			8,292			(15,822)			428,946
	- prior the Covered Year-end fair value of equity awarded in prior Covered Years that was forfeited in the Covered Year			-			-			-			-			-
	+ dividends/earnings paid or accrued on equity awarded during or for the Covered Year (if not otherwise included in CAP)			-			-			-			-			-
	Total Added (or Deducted):			1,235,497			393,886			962,924			(145,226)			3,381,979

Compensation Actually Paid vs. Total Shareholder Return

The following charts show the relationships between the Company’s cumulative TSR, the cumulative TSR for the PVP Peer Index, our PEO’s CAP, and our other NEOs’ CAP.

Compensation Actually Paid vs. Net Income

The following charts show the relationships between the Company’s net income, our PEO’s CAP, and our other NEOs’ CAP.

Compensation Actually Paid vs. Company Selected Measure

The following charts show the relationships between the Company’s adjusted EBITDA, our PEO’s CAP, and our other NEOs’ CAP.

Total Shareholder Return Vs Peer Group

The following charts show the relationships between the Company’s cumulative TSR, the cumulative TSR for the PVP Peer Index, our PEO’s CAP, and our other NEOs’ CAP.

Tabular List, Table

Important Financial Performance Measures

The following table provides what we believe are the most important financial performance measures we used to link executive pay for our PEO and Other NEOs for 2025 to our performance:


	Performance Measure			Type of Performance Measure
	Adjusted EBITDA			Financial
	Adjusted Return on Invested Capital			Financial
	Free Cash Flow			Liquidity

Total Shareholder Return Amount

$ 295.9

245.8

211.6

177.8

180.1

Peer Group Total Shareholder Return Amount

263

283.9

209.7

201.6

195.7

Net Income (Loss)

$ 246,200,000

$ 209,900,000

$ 166,700,000

$ 54,700,000

$ 90,100,000

Company Selected Measure Amount

519,800,000

482,100,000

433,900,000

266,500,000

174,300,000

Dr. Michal J. Hartnett

Dr. Michal J. Hartnett

Dr. Michal J. Hartnett

Dr. Michal J. Hartnett

Dr. Michal J. Hartnett

Pay vs Performance Disclosure

Adjusted EBITDA

Non-GAAP Measure Description

(5)

Adjusted EBITDA is calculated based on the Company’s net income as used for external reporting purposes adjusted to exclude various items that are reflected in externally reported net income. See Appendix B for a reconciliation of adjusted EBITDA to its most directly comparable GAAP financial measure. Dollar values are in millions.

Pay vs Performance Disclosure

Adjusted Return on Invested Capital

Pay vs Performance Disclosure

Free Cash Flow

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

$ 6,534,156

$ 3,775,676

$ 5,902,377

$ (969,107)

$ 23,011,738

PEO | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

0

0

0

0

0

PEO | Pension Adjustments Service Cost

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

0

0

0

0

0

PEO | Pension Adjustments Prior Service Cost

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

0

0

0

0

0

PEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

22,153,729

10,093,160

11,887,323

15,216,019

29,637,205

PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

10,183,010

8,560,633

6,995,864

16,179,662

11,090,134

PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

3,414,310

3,925,511

4,844,811

(827,571)

15,484,735

PEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

6,750,000

0

0

0

0

PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

1,806,409

(2,392,984)

46,648

(136,072)

3,062,336

PEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

0

0

0

0

0

PEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

0

0

0

0

0

PEO | SCT "Stock Awards" Column Value [Member]

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

(15,619,573)

(6,317,484)

(5,984,946)

(10,364,286)

(3,725,036)

PEO | SCT "Option Awards" Column Value [Member]

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

0

0

0

(5,820,840)

(2,900,431)

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

1,235,497

393,886

962,924

(145,226)

3,381,979

Non-PEO NEO | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

0

0

0

0

0

Non-PEO NEO | Pension Adjustments Service Cost

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

0

0

0

0

0

Non-PEO NEO | Pension Adjustments Prior Service Cost

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

0

0

0

0

0

Non-PEO NEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

2,799,850

1,325,823

2,013,969

2,173,722

4,313,895

Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

1,676,970

1,305,637

1,255,428

2,321,426

1,476,742

Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

591,967

381,552

750,249

(131,882)

2,408,207

Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

0

0

0

0

0

Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

530,913

(361,366)

8,292

(15,822)

428,946

Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

0

0

0

0

0

Non-PEO NEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

0

0

0

0

0

Non-PEO NEO | SCT "Stock Awards" Column Value [Member]

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

(1,345,767)

(750,557)

(834,923)

(1,419,015)

(548,610)

Non-PEO NEO | SCT "Option Awards" Column Value [Member]

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

$ (218,586)

$ (181,380)

$ (216,122)

$ (899,933)

$ (383,306)