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Equity-Based Compensation (Tables)

12 Months Ended

Apr. 03, 2021

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Summary of Activity Associated with Awards

A summary of the activity associated with these awards is as follows:

(amounts in thousands)				Management Incentive Plan Award Units				Time Based Restricted Share Awards				Performance Based Restricted Share Awards
Outstanding at March 31, 2018					12,655				—				—
Granted					1,000				—				—
Exchange of MIP awards for restricted share awards					(13,655	)			290				3,686
Vested					—				—				(3,686	)
Outstanding at March 30, 2019					—				290				—
Vested					—				(145	)			—
Outstanding at March 28, 2020					—				145				—
Vested					—				(145	)			—
Outstanding at April 3, 2021					—				—				—

Summary of Stock Options Activity

A summary of the activity associated with these awards is as follows:

		Shares (in thousands)				Weighted Average Exercise Price Per Share				Weighted Average Remaining Term (in years)				Aggregate Intrinsic Value (in thousands)
Outstanding at March 31, 2018			—
Granted			146			$	15.00
Outstanding at March 30, 2019			146			$	15.00
Granted			266			$	32.11
Exercised			(8	)		$	15.00
Forfeitures			(1	)		$	15.00
Outstanding at March 28, 2020			403			$	26.29
Granted			138			$	31.21
Exercised			(5	)		$	32.04
Outstanding at April 3, 2021			536			$	27.50				8.7			$	10,680
Vested and expected to vest at April 3, 2021			536			$	27.50				8.7			$	10,680
Exercisable at April 3, 2021			199			$	22.64				8.2			$	4,921

Summary of Performance Share Units Activity

A summary of the activity associated with these awards is as follows:

		Shares (in thousands)				Weighted Average Grant Date Fair Value Per Unit
Outstanding at March 31, 2018			—
Granted			146			$	3.62
Outstanding at March 30, 2019			146			$	3.62
Granted			86			$	29.05
Forfeitures			(2	)		$	3.62
Outstanding at March 28, 2020			230			$	13.85
Granted			61			$	28.38
Outstanding at April 3, 2021			291			$	16.90

Summary of Restricted Share Units and Restricted Share Awards Activity

(units and shares in thousands)		Restricted Stock Units				Restricted Share Awards
Outstanding at March 31, 2018			—				—
Granted			158				349
Vested			—				(349	)
Outstanding at March 30, 2019			158				—
Granted			112				—
Vested			(75	)			—
Forfeitures			(1	)
Outstanding at March 28, 2020			194				—
Granted			87				—
Vested			(98	)			—
Outstanding at April 3, 2021			183				—

Stock Options [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Summary of Assumptions Used in Black-Scholes Option-Pricing and Monte-Carlo Simulation Model with Weighted-Average Grant Date Fair Value

The assumptions used in the Black-Scholes option-pricing model along with the weighted average grant date fair value for awards granted in the periods presented are as follows:

Option Award Assumptions		Fiscal 2021				Fiscal 2020				Fiscal 2019
Weighted-average assumptions used:
Expected volatility			45.0	%			30.0	%			25.8	%
Dividend yield			—				—				—
Risk-free interest rate			0.5	%			1.7	%			2.4	%
Expected term, in years			6.00				5.88				5.75
Weighted average grant date fair value per share		$	12.48			$	10.33			$	3.93

Performance Share Units [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Summary of Assumptions Used in Black-Scholes Option-Pricing and Monte-Carlo Simulation Model with Weighted-Average Grant Date Fair Value

The assumptions used in the Monte-Carlo simulation for performance share units along with the weighted-average grant date fair value for awards granted in the periods presented are as follows:

Performance Unit Assumptions		Fiscal 2021				Fiscal 2020				Fiscal 2019
Weighted-average assumptions used:
Expected volatility			50.0	%			30.0	%			29.5	%
Dividend yield			—				—				—
Risk-free interest rate			0.2	%			1.6	%			2.4	%
Expected term, in years			3.00				2.84				2.49
Weighted average grant date fair value per share		$	28.38			$	29.05			$	3.62

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