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Equity Compensation (Tables) | 12 Months Ended
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Mar. 26, 2016
Summary of Activity in Total Stock Available for Grant |
﻿ |  |
﻿ |  |
﻿ |  | Shares
﻿ |  | Available for
﻿ |  | Grant
﻿Balance, March 30, 2013 |  | 5,125
﻿Granted |  | (1,785)
﻿Forfeited |  | 207
﻿Balance, March 29, 2014 |  | 3,547
﻿Shares added |  | 3,300
﻿Granted |  | (3,181)
﻿Forfeited |  | 230
﻿Balance, March 28, 2015 |  | 3,896
﻿Shares added |  | 4,900
﻿Granted |  | (2,676)
﻿Forfeited |  | 167
﻿Balance, March 26, 2016 |  | 6,287
﻿
Summary of Effect of Stock-Based Compensation on Cost of Goods Sold |
﻿ |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |
﻿ | Fiscal Year
﻿ |  | 2016 |  |  | 2015 |  |  | 2014
﻿Cost of sales | $ | 1,145 |  | $ | 747 |  | $ | 864
﻿Research and development |  | 17,173 |  |  | 11,222 |  |  | 10,392
﻿Sales, general and administrative |  | 15,188 |  |  | 25,580 |  |  | 11,818
﻿Effect on pre-tax income |  | 33,506 |  |  | 37,549 |  |  | 23,074
﻿Income Tax Benefit |  | (10,306) |  |  | (11,467) |  |  | (8,289)
﻿Total share-based compensation expense (net of taxes) |  | 23,200 |  |  | 26,082 |  |  | 14,785
﻿Share-based compensation effects on basic earnings per share | $ | 0.37 |  | $ | 0.42 |  | $ | 0.23
﻿Share-based compensation effects on diluted earnings per share |  | 0.35 |  |  | 0.40 |  |  | 0.23
﻿ |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |
﻿
Schedule of Fair Value of Stock Option Grants |
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | Year Ended
﻿ |  | March 26, 2016 |  |  | March 28, 2015 |  |  | March 29, 2014 |
﻿Expected stock price volatility |  | 40.13 | - | 45.07 | % |  | 38.79 | - | 42.12 | % |  | 51.93 | - | 54.34 | %
﻿Risk-free interest rate |  | 0.94 | - | 1.05 | % |  | 0.49 | - | 0.91 | % |  | 0.47 | - | 0.52 | %
﻿Expected term (in years) |  | 2.72 | - | 2.97 |  |  | 2.15 | - | 2.87 |  |  | 2.46 | - | 2.61 |
﻿
Schedule of Stock Option Activity |
﻿ |  |  |  |  |
﻿ |  |  |  |  |
﻿ |  | Outstanding Options
﻿ |  |  |  |  | Weighted
﻿ |  |  |  |  | Average
﻿ |  | Number |  |  | Exercise Price
﻿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
﻿Options granted |  | 310 |  |  | 21.69
﻿Options exercised |  | (696) |  |  | 7.47
﻿Options forfeited |  | (5) |  |  | 19.94
﻿Options expired |  | (1) |  |  | 4.65
﻿Balance, March 28, 2015 |  | 3,333 |  | $ | 14.31
﻿Options granted |  | 387 |  |  | 31.39
﻿Options exercised |  | (773) |  |  | 8.46
﻿Options forfeited |  | - |  |  | -
﻿Options expired |  | (22) |  |  | 35.41
﻿Balance, March 26, 2016 |  | 2,925 |  | $ | 17.96
﻿
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 |  | 2,915 |  | $ | 17.93 |  | 5.49 |  | $ | 49,266
﻿Exercisable |  | 2,192 |  | $ | 14.63 |  | 4.39 |  | $ | 44,390
﻿
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
﻿$2.90 - $5.55 |  | 592 |  | 3.23 |  | $ | 5.42 |  | 592 |  | $ | 5.42
﻿$5.66 - $15.41 |  | 739 |  | 3.36 |  |  | 11.18 |  | 739 |  |  | 11.18
﻿$16.21 - $20.37 |  | 579 |  | 6.01 |  |  | 18.10 |  | 439 |  |  | 17.37
﻿$20.40 - $31.25 |  | 736 |  | 8.51 |  |  | 27.17 |  | 219 |  |  | 23.18
﻿$32.29 - $33.38 |  | 47 |  | 9.18 |  |  | 32.88 |  | 5 |  |  | 32.29
﻿$38.99 - $38.99 |  | 232 |  | 6.52 |  |  | 38.99 |  | 198 |  |  | 38.99
﻿ |  | 2,925 |  | 5.50 |  | $ | 17.96 |  | 2,192 |  | $ | 14.63
﻿
Summary of Restricted Stock Units Vesting or Expected to Vest |
﻿ |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |
﻿ |  |  |  |  | Weighted |  | Weighted Average
﻿ |  |  |  |  | Average |  | Remaining Contractual
﻿ |  | Shares |  |  | Fair Value |  | Term (years)
﻿Expected to vest |  | 2,969 |  | $ | 26.04 |  | 1.53
﻿
Summary of Monte Carlo Simulation Assumptions for Market Stock Units |
﻿ |  |  |  |  |  |
﻿ |  | Year Ended |
﻿ |  | March 26, |  |  | March 28, |
﻿ |  | 2016 |  |  | 2015 |
﻿Expected stock price volatility |  | 45.07 | % |  | 39.65 | %
﻿Risk-free interest rate |  | 1.16 | % |  | 1.00 | %
﻿Expected term (in years) |  | 3.00 |  |  | 3.00 |
﻿
Schedule of Market Stock Units Activity |
﻿ |  |  |  |
﻿ |  |  |  | Weighted
﻿ |  |  |  | Average
﻿ | Shares |  |  | Fair Value
﻿March 29, 2014 | - |  | $ | -
﻿Granted | 35 |  |  | 22.00
﻿Vested | - |  |  | -
﻿Forfeited | - |  |  | -
﻿March 28, 2015 | 35 |  | $ | 22.00
﻿Granted | 90 |  |  | 39.86
﻿Vested | - |  |  | -
﻿Forfeited | - |  |  | -
﻿March 26, 2016 | 125 |  | $ | 34.85
﻿
Summary of Outstanding MSUs Expected to Vest |
﻿ |  |  |  |  |  |  |
﻿ |  |  |  |  | Weighted |  | Weighted Average
﻿ |  |  |  |  | Average |  | Remaining Contractual
﻿ |  | Shares |  |  | Fair Value |  | Term (years)
﻿Expected to vest |  | 113 |  | $ | 34.68 |  | 2.29
﻿
Restricted Stock Units (RSUs) [Member] |
Summary of Restricted Stock and Restricted Stock Units Activity |
﻿ |  |  |  |
﻿ |  |  |  |
﻿ |  |  |  | Weighted
﻿ |  |  |  | Average
﻿ | Shares |  |  | Fair Value
﻿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
﻿Granted | 1,887 |  |  | 22.04
﻿Vested | (1,224) |  |  | 19.52
﻿Forfeited | (151) |  |  | 26.17
﻿March 28, 2015 | 2,821 |  |  | 25.57
﻿Granted | 1,437 |  |  | 31.51
﻿Vested | (992) |  |  | 32.48
﻿Forfeited | (103) |  |  | 24.75
﻿March 26, 2016 | 3,163 |  | $ | 26.14
﻿

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