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Common Stock and Stock-Based Compensation (Tables) | 9 Months Ended
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Dec. 25, 2020
Share-based Payment Arrangement [Abstract] |
Schedule of Stock Issued in Common Stock Conversion | The following table presents the respective number of shares of common stock and unvested restricted common stock issued in the Common Stock Conversion. The number of shares of common stock and unvested restricted common stock issuable are based upon the vesting provisions of the outstanding shares and reflect the shares vested and unvested at the date of conversion.
| Shares of Common Stock |  | Shares of Unvested Restricted Common Stock |  | Total Shares of Common Stock
Class A common stock | 156,155,403 |  |  | — |  |  | 156,155,403 |
Class L common stock | 7,816,574 |  |  | 459,749 |  |  | 8,276,323 |
Total | 163,971,977 |  |  | 459,749 |  |  | 164,431,726 |
Schedule of Restricted Stock Units Activity | The following table summarizes the RSU activity for the nine-month period ended December 25, 2020:
| Number of Shares |  | Weighted-Average Grant-Date Fair Value |  | Weighted-Average Remaining Contractual Life (In years) |  | Aggregate Intrinsic Value
Outstanding - March 27, 2020 | — |  |  | $ | — |  |  | — |  |  | $ | — |
Granted | 1,426,944 |  |  | 14.04 |  |  |  |  |
Vested | (376) |  |  | 14.00 |  |  |  |  |
Canceled | (28,920) |  |  | 14.00 |  |  |  |  |
Outstanding - December 25, 2020 | 1,397,648 |  |  | $ | 14.04 |  |  | 1.74 |  | $ | 34,648 |
Schedule of Performance Units Fair Value Assumptions | The weighted-average fair value of the PSUs was determined using the Monte Carlo simulation model incorporating the following weighted-average assumptions:
| Fiscal Year 2021
Performance term | 2.42 years
Volatility | 49.9%
Risk-free rate of return | 0.17%
Dividend yield | —%
Weighted-average fair value per share | $14.00
Summary of Performance Stock Units Activity | The following table summarizes the PSU activity for the nine-month period ended December 25, 2020:
| Number of Shares |  | Weighted-Average Grant-Date Fair Value |  | Weighted-Average Remaining Contractual Life (In years) |  | Aggregate Intrinsic Value
Outstanding - March 27, 2020 | — |  |  | $ | — |  |  | — |  |  | $ | — |
Granted | 650,302 |  |  | 15.05 |  |  |  |  |
Vested | — |  |  | — |  |  |  |  |
Canceled | — |  |  | — |  |  |  |  |
Outstanding - December 25, 2020 | 650,302 |  |  | $ | 15.05 |  |  | 2.90 |  | $ | 16,121 |
Summary of Unvested Restricted Common Stock Activity | The following table summarizes unvested restricted common stock activity for the nine-month period ended December 25, 2020:
| Number of Shares |  | Weighted-Average Grant-Date Fair Value |  | Weighted-Average Remaining Contractual Life (In years) |  | Aggregate Intrinsic Value
Outstanding - March 27, 2020 | — |  |  | $ | — |  |  | — |  |  | — |
Common stock conversion | 459,749 |  |  | 14.00 |  |  |  |  |
Vested | (37,161) |  |  | 14.00 |  |  |  |  |
Canceled | — |  |  | — |  |  |  |  |
Outstanding - December 25, 2020 | 422,588 |  |  | $ | 14.00 |  |  | 2.01 |  | 10,476 |
Schedule of Stock-Based Compensation Expense | The Company recorded stock-based compensation expense in the following expense categories of its unaudited consolidated statements of operations:
| Three-Month Period Ended |  | Nine-Month Period Ended
| December 25, 2020 |  | December 27, 2019 |  | December 25, 2020 |  | December 27, 2019
Cost of sales | $ | 4,694 |  |  | $ | 47 |  |  | $ | 4,844 |  |  | $ | 137 |
Research and development | 2,984 |  |  | 20 |  |  | 3,037 |  |  | 65 |
Selling, general and administrative | 38,198 |  |  | 236 |  |  | 39,020 |  |  | 849 |
Total stock-based compensation | $ | 45,876 |  |  | $ | 303 |  |  | $ | 46,901 |  |  | $ | 1,051 |

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- Definition Tabular disclosure of information related to converting stock into another financial instrument(s) in a noncash (or part noncash) transaction. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=121583591&loc=d3e4313-108586 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=121583591&loc=d3e4304-108586 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=121583591&loc=d3e4332-108586 + Details
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