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Stock-Based Compensation (Tables) | 3 Months Ended
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Jun. 25, 2022
Stock-Based Compensation |
Schedule of stock award activity | The following table summarizes the stock award activity for the thirteen weeks ended June 25, 2022: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | Grant Date | ​ | Weighted | ​ | ​ | ​
​ | ​ | ​ | ​ | Weighted | ​ | Average | ​ | Aggregate
​ | ​ | Stock | ​ | Average | ​ | Remaining | ​ | Intrinsic
​ |  | Options |  | Exercise Price |  | Contractual Life |  | Value
​ | ​ | ​ | ​ | ​ | ​ | ​ | (in years) | ​ | (in thousands)
Outstanding at March 26, 2022 |  | 728,079 | ​ | $ | 23.44 | ​ | ​ | ​ | ​ | ​
Granted |  | 86,189 | ​ | $ | 86.96 | ​ | ​ | ​ | ​ | ​
Exercised | ​ | (11,212) | ​ | $ | 22.03 | ​ | ​ | ​ | $ | 610
Cancelled, forfeited or expired |  | — | ​ | $ | — | ​ | ​ | ​ | ​ | ​
Outstanding at June 25, 2022 |  | 803,056 | ​ | $ | 30.28 |  | 6.6 | ​ | $ | 39,189
Vested and expected to vest after June 25, 2022 |  | 803,056 | ​ | $ | 30.28 |  | 6.6 | ​ | $ | 39,189
Exercisable at June 25, 2022 |  | 293,267 | ​ | $ | 19.49 |  | 5.0 | ​ | $ | 17,196
Schedule of non-vested stock options | A summary of the status of non-vested stock options as of June 25, 2022 including changes during the thirteen weeks ended June 25, 2022 is presented below: ​
​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | Weighted-
​ | ​ | ​ | ​ | Average
​ | ​ | ​ | ​ | Grant Date
​ |  | Shares |  | Fair Value
Nonvested at March 26, 2022 |  | 626,976 | ​ | $ | 9.14
Granted |  | 86,189 | ​ | $ | 46.41
Vested |  | (203,376) | ​ | $ | 8.04
Nonvested shares forfeited |  | — | ​ | $ | —
Nonvested at June 25, 2022 |  | 509,789 | ​ | $ | 15.88
CEO |
Stock-Based Compensation |
Schedule of assumptions used to determine fair value of stock options | The following significant assumptions were used as of May 12, 2022, the date of grant: ​
​ | ​ | ​ | ​ | ​
Stock price |  | $ | 86.96 |
Exercise price | ​ | $ | 86.96 | ​
Expected option term (1) | ​ |  | 6.5 | years
Expected volatility (2) | ​ |  | 65.9 | %
Risk-free interest rate (3) | ​ | ​ | 2.8 | %
Expected annual dividend yield | ​ | ​ | 0 | %
(1) | The Company has limited historical information regarding expected option term. Accordingly, the Company determined the expected life of the options using the simplified method.
(2) | Stock volatility for each grant is measured using the weighted average of historical daily price changes of the Company’s stock over the most recent period equal to the expected option term of the Company’s awards.
(3) | The risk-free interest rate is determined using the rate on treasury securities with the same term.

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- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + 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 (d) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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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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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
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