v3.25.2
CAPITAL STOCK (Tables)
3 Months Ended
Jun. 28, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-Based Compensation Cost
Compensation cost related to share-based transactions is recognized in the consolidated financial statements based on fair value. The total amount of share-based compensation expense, which is recorded on a straight line basis, is as follows:
Three Months Ended
June 28, 2025June 29, 2024
(Dollars in Thousands)
Selling, general and administrative expenses$8,034 $6,413 
Research and development674 827 
Cost of goods sold604 388 
$9,312 $7,628 
Schedule of Summary of Stock Option Activity
A summary of stock option activity for the three months ended June 28, 2025 is as follows:
Options
Outstanding
Weighted
Average
Exercise Price
per Share
Weighted
Average
Remaining
Life (years)
Aggregate
Intrinsic
Value
(Dollars in Thousands, Except Share and Per Share Data)
Outstanding at March 29, 2025993,587 $81.75 3.5$2,249 
Granted221,999 $70.29 
Exercised(13,323)$57.10 
Forfeited/Canceled(93,535)$92.30 
Outstanding at June 28, 20251,108,728 $78.87 4.2$6,580 
Exercisable at June 28, 2025651,653 $79.67 2.9$4,924 
Vested or expected to vest at June 28, 2025982,146 $79.04 3.5$6,180 
Schedule of Summary of Restricted Stock Units Activity
A summary of RSU activity for the three months ended June 28, 2025 is as follows:
SharesWeighted
Average
Grant Date Fair Value
Unvested at March 29, 2025303,003 $81.27 
Granted198,297 $70.32 
Vested(137,422)$76.87 
Forfeited(7,802)$84.04 
Unvested at June 28, 2025356,076 $76.81 
Schedule of Performance Share Unit Awards
A summary of PSU activity for the three months ended June 28, 2025 is as follows:
SharesWeighted
Average
Grant Date Fair Value
Unvested at March 29, 2025335,843 $112.10 
Granted(1)
219,106 $88.04 
Vested(2)
(162,066)$84.96 
Forfeited(11,352)$128.54 
Unvested at June 28, 2025381,531 $109.04 
__________
(1)    Includes 35,443 shares issued for awards vested during fiscal 2026 based on achievement of performance metrics.
(2)    Includes the vesting of 162,066 shares that were earned for rTSR-based PSU awards granted in fiscal 2023 for performance periods ending during fiscal 2026, based on actual rTSR of 128%.