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STOCK-BASED COMPENSATION (Tables) | 3 Months Ended
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Jul. 03, 2021
Share-based Payment Arrangement [Abstract] |
Schedule of Assumption Used and Resulting Weighted Average Fair Value of Stock Option Granted | The grant date fair value of each option award was calculated using a lattice option-pricing valuation model, which incorporated a range of assumptions for inputs as follows:
|  | Three Months Ended June 2021 |
Expected volatility |  | 28% to 40% |
Weighted average expected volatility |  | 36% |
Expected term (in years) |  | 6.2 to 7.9 |
Weighted average dividend yield |  | 2.6% |
Risk-free interest rate |  | 0.04% to 1.56% |
Weighted average fair value at date of grant |  | $20.20 |

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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + 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 (f)(2) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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