v3.25.2
Common Stock and Stock-Based Compensation (Tables)
3 Months Ended
Jun. 27, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Restricted Stock Units Activity

The following table summarizes the Company’s RSU activity for the three-month period ended June 27, 2025:

 

 

Shares

 

 

Weighted-Average
Grant Date
Fair Value

 

Outstanding at March 28, 2025

 

 

2,330,344

 

 

$

28.88

 

Granted

 

 

1,786,046

 

 

 

26.91

 

Issued

 

 

(802,676

)

 

 

29.54

 

Forfeited

 

 

(33,577

)

 

 

28.48

 

Outstanding at June 27, 2025

 

 

3,280,137

 

 

$

27.65

 

Schedule of Performance Stock Units Activity

The following table summarizes the Company’s PSU activity for the three-month period ended June 27, 2025:

 

 

Shares

 

 

Weighted-Average
Grant Date
Fair Value

 

Outstanding at March 28, 2025

 

 

2,145,781

 

 

$

24.86

 

Granted

 

 

538,098

 

 

 

28.89

 

Cancelled

 

 

(52,435

)

 

 

28.63

 

Issued

 

 

(178,585

)

 

 

29.34

 

Forfeited

 

 

(70,439

)

 

 

26.40

 

Outstanding at June 27, 2025

 

 

2,382,420

 

 

$

25.30

 

Schedule of Pre-tax Stock-Based Compensation Expense

The Company recorded pre-tax stock-based compensation expense in the following expense categories of its condensed consolidated statements of operations:

 

 

Three-Month Period Ended

 

 

June 27,
2025

 

 

June 28,
2024

 

Cost of goods sold

 

$

888

 

 

$

561

 

Research and development

 

 

2,911

 

 

 

3,735

 

Selling, general and administrative

 

 

6,963

 

 

 

5,822

 

Total pre-tax stock-based compensation expense

 

$

10,762

 

 

$

10,118