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Stock-based Compensation (Tables) | 6 Months Ended
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Sep. 26, 2020
Share-based Payment Arrangement [Abstract] |
Summary of the total compensation expense and the associated income tax benefits recognized related to stock-based compensation arrangements | A summary of total stock-based compensation expense and the related income tax benefits recognized during the three-month and six-month periods ended September 26, 2020 and September 28, 2019 is as follows:
|  | Three Months Ended |  | Six Months Ended |
|  | September 26, 2020 |  | September 28, 2019 |  | September 26, 2020 |  | September 28, 2019 |
|  | (millions) |
Compensation expense |  | $ | 19.5 |  |  | $ | 27.8 |  | (a) | $ | 34.6 |  |  | $ | 50.8 |  | (a)
Income tax benefit |  | (3.6 | ) |  | (4.1 | ) |  | (6.7 | ) |  | (7.7 | ) |
(a) | Includes $3.6 million of accelerated stock-based compensation expense recorded within restructuring and other charges in the consolidated statements of operations during the second quarter of Fiscal 2020 (see Note 8). All other stock-based compensation expense was recorded within SG&A expenses.
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
Summary of the stock option activity under all plans | A summary of stock option activity under all plans during the six months ended September 26, 2020 is as follows:
|  | Number of Options
|  | (thousands)
Options outstanding at March 28, 2020 |  | 518 |
Granted |  | — |
Exercised |  | — |
Cancelled/Forfeited |  | (247 | )
Options outstanding at September 26, 2020 |  | 271 |
Restricted Stock And Service Based Restricted Stock Units [Member] |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
Summary of restricted stock and restricted stock unit activity | A summary of restricted stock and service-based RSU activity during the six months ended September 26, 2020 is as follows:
|  | Number of Shares/Units
|  | Restricted Stock |  | Service-based RSUs
|  | (thousands)
Unvested at March 28, 2020 |  | 4 |  |  | 1,094 |
Granted |  | — |  |  | 1,322 |
Vested |  | (4 | ) |  | (443 | )
Forfeited |  | — |  |  | (33 | )
Unvested at September 26, 2020 |  | — |  |  | 1,940 |
Performance-based restricted stock units [Member] |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
Summary of restricted stock and restricted stock unit activity | A summary of performance-based RSU activity during the six months ended September 26, 2020 is as follows:
|  | Number of Performance-based RSUs
|  | (thousands)
Unvested at March 28, 2020 |  | 934 |
Granted |  | — |
Change due to performance condition achievement |  | 185 |
Vested |  | (720 | )
Forfeited |  | (27 | )
Unvested at September 26, 2020 |  | 372 |
Market-based restricted stock units [Member] |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
Summary of restricted stock and restricted stock unit activity | A summary of market-based RSU activity during the six months ended September 26, 2020 is as follows:
|  | Number of Market-based RSUs
|  | (thousands)
Unvested at March 28, 2020 |  | 234 |
Granted |  | — |
Change due to market condition achievement |  | — |
Vested |  | — |
Forfeited |  | — |
Unvested at September 26, 2020 |  | 234 |
Schedule of Share Based Payment Award with Market Condition Valuation Assumptions [Table Text Block] | The assumptions used to estimate the fair value of TSR awards granted during the six months ended September 28, 2019 were as follows:
| Six Months Ended
| September 28, 2019
Expected term (years) | 2.6 |
Expected volatility | 31.4 | %
Expected dividend yield | 3.2 | %
Risk-free interest rate | 1.4 | %

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- Definition Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 14.F) -URI http://asc.fasb.org/extlink&oid=115993241&loc=d3e301413-122809 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5047-113901 + Details
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- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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- Definition Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year. + References No definition available. + Details
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