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Equity Compensation (Tables) | 12 Months Ended
--- | ---
Mar. 29, 2014
Summary of Activity in Total Stock Available for Grant |
|  | Shares
|  | Available for
|  | Grant
Balance, March 26, 2011 |  | 8,175
Plans terminated |  | (34)
Granted |  | (2,049)
Forfeited |  | 165
Balance, March 31, 2012 |  | 6,257
Plans terminated |  | -
Granted |  | (1,600)
Forfeited |  | 468
Balance, March 30, 2013 |  | 5,125
Plans terminated |  | -
Granted |  | (1,785)
Forfeited |  | 207
Balance, March 29, 2014 |  | 3,547
Summary of Effect of Stock-Based Compensation on Cost of Goods Sold |
| Fiscal Years Ended
|  | March 29, 2014 |  |  | March 30, 2013 |  |  | March 31, 2012
Cost of sales | $ | 864 |  | $ | 751 |  | $ | 398
Research and development |  | 10,392 |  |  | 10,549 |  |  | 5,590
Sales, general and administrative |  | 11,818 |  |  | 10,195 |  |  | 6,190
Effect on pre-tax income |  | 23,074 |  |  | 21,495 |  |  | 12,178
Income Tax Benefit |  | (8,445) |  |  | (106) |  |  | -
Total share-based compensation expense (net of taxes) |  | 14,629 |  |  | 21,389 |  |  | 12,178
Share-based compensation effects on basic earnings per share | $ | 0.50 |  | $ | 0.33 |  | $ | 0.19
Share-based compensation effects on diluted earnings per share |  | 0.48 |  |  | 0.32 |  |  | 0.18
Share-based compensation effects on operating activities cash flow |  | 14,629 |  |  | 21,389 |  |  | 12,178
Share-based compensation effects on financing activities cash flow |  | 8,445 |  |  | 106 |  |  | -
Schedule of Fair Value of Stock Option Grants |
| Year Ended
|  | March 29, 2014 |  |  | March 30, 2013 |  |  | March 31, 2012 |
Expected stock price volatility |  | 51.93 | - | 54.34 | % |  | 63.42 | % |  | 59.25 | - | 66.11 | %
Risk-free interest rate |  | 0.47 | - | 0.52 | % |  | 0.31 | % |  | 0.27 | - | 1.43 | %
Expected term (in years) |  | 2.46 | - | 2.61 |  |  | 2.46 |  |  | 2.32 | - | 3.82 |
Schedule of Stock Option Activity |
|  | Outstanding Options
|  |  |  |  | Weighted
|  |  |  |  | Average
|  | Number |  |  | Exercise Price
Balance, March 26, 2011 |  | 6,181 |  | $ | 7.63
Options granted |  | 450 |  |  | 15.63
Options exercised |  | (593) |  |  | 6.88
Options forfeited |  | (67) |  |  | 7.70
Options expired |  | (67) |  |  | 15.68
Balance, March 31, 2012 |  | 5,904 |  | $ | 8.23
Options granted |  | 264 |  |  | 37.22
Options exercised |  | (1,746) |  |  | 6.88
Options forfeited |  | (144) |  |  | 12.52
Options expired |  | - |  |  | 20.25
Balance, March 30, 2013 |  | 4,278 |  | $ | 10.42
Options granted |  | 318 |  |  | 23.45
Options exercised |  | (834) |  |  | 6.12
Options forfeited |  | (10) |  |  | 15.33
Options expired |  | (27) |  |  | 19.52
Balance, March 29, 2014 |  | 3,725 |  | $ | 12.42
Summary of Outstanding Options Vesting, Expected to Vest, or Exercisable |
|  |  |  |  | Weighted |  | Weighted Average |  |  |
|  | Number of |  |  | Average |  | Remaining Contractual |  |  | Aggregate
|  | Options |  |  | Exercise price |  | Term (years) |  |  | Intrinsic Value
Vested and expected to vest |  | 3,676 |  | $ | 12.24 |  | 5.68 |  | $ | 32,674
Exercisable |  | 3,004 |  | $ | 9.54 |  | 5.07 |  | $ | 31,823
Summary of Outstanding and Exercisable Options |
|  | Options Outstanding |  | Options Exercisable
|  |  |  | Weighted Average |  |  |  |  |  |  |  |
|  |  |  | Remaining |  | Weighted |  |  |  | Weighted
|  |  |  | Contractual Life |  | Average Exercise |  | Number |  | Average
Range of Exercise Prices |  | Number |  | (years) |  | Price |  | Exercisable |  | Exercise Price
$2.82 - $5.53 |  | 502 |  | 4.03 |  | $ | 5.16 |  | 502 |  | $ | 5.16
$5.55 - $5.55 |  | 943 |  | 5.50 |  |  | 5.55 |  | 943 |  |  | 5.55
$5.66 - $7.87 |  | 701 |  | 3.21 |  |  | 7.27 |  | 701 |  |  | 7.27
$8.06 - $16.25 |  | 831 |  | 6.74 |  |  | 15.21 |  | 616 |  |  | 15.10
$16.28 - $24.14 |  | 499 |  | 8.30 |  |  | 22.03 |  | 154 |  |  | 19.46
$38.99 - $38.99 |  | 249 |  | 8.52 |  |  | 38.99 |  | 88 |  |  | 38.99
|  | 3,725 |  | 5.72 |  | $ | 12.42 |  | 3,004 |  | $ | 9.54
Summary of Restricted Stock Units Vesting or Expected to Vest |
|  |  |  |  | Weighted |  | Weighted Average
|  |  |  |  | Average |  | Remaining Contractual
|  | Shares |  |  | Fair Value |  | Term (years)
Vested and expected to vest |  | 2,174 |  | $ | 25.26 |  | 1.46
Restricted Stock Awards [Member] |
Summary of Restricted Stock and Restricted Stock Units Activity |
|  |  |  | Weighted
|  |  |  | Average
|  |  |  | Grant Date
| Number of |  |  | Fair Value
| Shares |  |  | (per share)
March 26, 2011 | 45 |  | $ | 7.21
Granted | 49 |  |  | 15.31
Vested | (54) |  |  | 14.57
Forfeited | - |  |  | -
March 31, 2012 | 40 |  |  | 7.19
Granted | 27 |  |  | 28.24
Vested | (62) |  |  | 15.45
Forfeited | - |  |  | -
March 30, 2013 | 5 |  |  | 17.28
Granted | - |  |  | -
Vested | - |  |  | -
Forfeited | - |  |  | -
March 29, 2014 | 5 |  | $ | 17.28
Restricted Stock Units (RSUs) [Member] |
Summary of Restricted Stock and Restricted Stock Units Activity |
|  |  |  | Weighted
|  |  |  | Average
| Shares |  |  | Fair Value
March 26, 2011 | 620 |  | $ | 16.41
Granted | 1,017 |  |  | 16.59
Vested | - |  |  | -
Forfeited | (21) |  |  | 16.04
March 31, 2012 | 1,616 |  |  | 16.52
Granted | 864 |  |  | 37.26
Vested | (193) |  |  | 20.56
Forfeited | (216) |  |  | 21.46
March 30, 2013 | 2,071 |  |  | 23.66
Granted | 977 |  |  | 22.55
Vested | (626) |  |  | 17.71
Forfeited | (113) |  |  | 25.81
March 29, 2014 | 2,309 |  | $ | 25.26

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