v3.26.1
CAPITAL STOCK (Tables)
 12 Months Ended
Mar. 28, 2026
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:
Year Ended
202620252024
(Dollars in Thousands)
Selling, general and administrative expenses$29,511 $25,971 $23,662 
Research and development2,945 1,847 3,106 
Cost of goods sold1,371 1,818 1,564 
Total share-based compensation$33,827 $29,636 $28,332 
Schedule of Summary of Stock Option Activity
A summary of stock option activity for the fiscal year ended March 28, 2026 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 as of March 29, 2025993,587 $81.75 3.5$2,249 
Granted227,425 70.05   
Exercised(36,267)57.90   
Forfeited/Canceled(166,850)89.42   
Outstanding as of March 28, 20261,017,895 $78.74 3.5$45 
Exercisable as of March 28, 2026599,839 $79.67 2.2$33 
Vested or expected to vest as of March 28, 2026945,805 $78.87 3.0$45 
Schedule of Assumptions Utilized for Estimating Fair Value of Option Grants
The assumptions utilized for option grants during the periods presented are as follows:
Year Ended
202620252024
Volatility44.2 %43.9 %45.3 %
Expected life (years)5.45.25.1
Risk-free interest rate4.1 %4.4 %3.5 %
Dividend yield0.0 %0.0 %0.0 %
Grant-date fair value per option$32.35$43.56$39.46
Schedule of Summary of Restricted Stock Units Activity
A summary of RSU activity for the fiscal year ended March 28, 2026 is as follows:
SharesWeighted
Average
Grant Date Fair Value
Unvested as of March 29, 2025303,003 $81.27 
Granted225,738 $70.52 
Vested(157,290)$78.36 
Forfeited(41,633)$78.15 
Unvested as of March 28, 2026329,818 $75.69 
The weighted-average grant-date fair value of RSUs granted and total fair value of RSUs vested are as follows:
Year Ended
202620252024
Grant-date fair value per RSU$70.52 $95.09 $89.21 
Fair value of RSUs vested$78.36 $75.04 $67.14 
Schedule of Performance Share Unit awards
A summary of PSU activity for the fiscal year ended March 28, 2026 is as follows:
SharesWeighted
Average
Grant Date Fair Value
Unvested as of March 29, 2025335,843 $112.10 
Granted(1)
220,349 $87.66 
Vested(2)
(162,066)$84.96 
Forfeited(36,495)$114.24 
Unvested as of March 28, 2026357,631 $108.86 
__________
(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 TSR-based PSU awards granted in fiscal 2023 for performance periods ending during fiscal 2026, representing 128% of the target award.
Schedule of Share-based Payment Award, Equity Other Than Options, Valuation Assumptions The assumptions used in the Monte Carlo model for PSUs granted during each fiscal year were as follows:
Year Ended
202620252024
Expected stock price volatility31.81 %35.35 %48.20 %
Peer group stock price volatility46.62 %35.95 %40.29 %
Correlation of returns27.81 %58.08 %59.93 %
The weighted-average grant-date fair value of PSUs granted is as follows:
Year Ended
202620252024
Grant-date fair value per PSU$87.66 $128.25 $128.83 
Fair value of PSUs vested$84.96 $72.35 $— 
Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions
The fair values of shares purchased under the Employee Stock Purchase Plan are estimated using the Black-Scholes single option-pricing model with the following weighted average assumptions:
Year Ended
202620252024
Volatility47.6 %29.3 %28.6 %
Expected life (months)666
Risk-free interest rate4.1 %4.9 %5.4 %
Dividend Yield0.0 %0.0 %0.0 %