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STOCK-BASED COMPENSATION (Tables) | 3 Months Ended
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Jul. 01, 2023
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 2023 |
Expected volatility |  | 33% to 52% |
Weighted average expected volatility |  | 42% |
Expected term (in years) |  | 6.1 to 7.8 |
Weighted average dividend yield |  | 3.7% |
Risk-free interest rate |  | 3.80% to 5.44% |
Weighted average fair value at date of grant |  | $5.72 |

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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 -Topic 718 -SubTopic 10 -Subparagraph (f)(2) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
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