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STOCK-BASED COMPENSATION (Tables)
3 Months Ended
Jun. 27, 2020
Share-based Payment Arrangement [Abstract]  
Schedule of Restricted Stock Units Award Activity

The Company achieved 79% of the target level for the performance-based restricted stock units granted in the fiscal year ended March 31, 2018 and as a result, issued 49 shares of common stock to executive officers and certain key employees during the first quarter of fiscal year 2021. The following table summarizes the non-vested restricted stock units outstanding as of June 27, 2020:

 

 

Total

Grant Date

Estimated

Number

Fair

Level of

Date

Measurement

of Units

Value

Achievement at

Granted

Period

Outstanding

Per Unit

June 27, 2020

April 2018

April 2018 – March 2021

1

$

15.65

Time Vested

May 2018

April 2018 – March 2021

22

$

15.30

90% of target level

May 2018

April 2018 – March 2021

22

$

15.30

Time Vested

October 2018

October 2018 – September 2027

9

$

20.81

Time Vested

March 2019

April 2019 – March 2022

23

$

23.50

90% of target level

March 2019

April 2019 – March 2022

23

$

23.50

Time Vested

August 2019

August 2019 – July 2022

1

$

23.00

Time Vested

September 2019

September 2019 – September 2020

18

$

22.76

Time Vested

March 2020

April 2020 – March 2023

1

$

26.25

Time Vested

Schedule of Stock Options Activity

The following table summarizes the Company’s options as of and for the first quarter ended June 27, 2020:

Weighted

Weighted

Average

Average

Number

Exercise

Remaining

Aggregate

of

Price Per

Contractual

Intrinsic

Shares

Share

Term (in years)

Value

Outstanding as of March 28, 2020

150

$

14.63

Granted

5

$

24.30

Exercised

(25

)

$

12.00

Forfeited

-

-

Redeemed

-

-

Outstanding as of June 27, 2020

130

$

15.51

4

$

980

Exercisable as of June 27, 2020

90

$

12.25

2

$

972