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STOCK-BASED COMPENSATION (Tables)

9 Months Ended

Dec. 25, 2021

Share-based Payment Arrangement [Abstract]

Schedule of Restricted Stock Units Award Activity

The Company achieved 64% of the target level for the performance-based restricted stock units granted in the fiscal year ended March 30, 2019 and as a result, issued 19 thousand shares of common stock to executive officers and certain key employees during the first quarter of fiscal year 2022. The following table summarizes the non-vested restricted stock units outstanding as of December 25, 2021 (in thousands, except per unit data):

					Total		Grant Date			Estimated
					Number		Fair			Level of
	Date		Measurement		of Units		Value			Achievement at
	Granted		Period		Outstanding		Per Unit			December 25, 2021
	October 2018		October 2018 – September 2027		7		$	20.81		Time Vested
	March 2019		April 2019 – March 2022		20		$	23.50		80% of target level
	March 2019		April 2019 – March 2022		21		$	23.50		Time Vested
	March 2020		April 2020 – March 2023		2		$	26.25		Time Vested
	July 2020		July 2020 – March 2023		31		$	27.08		Time Vested
	September 2020		September 2020 –July 2023		9		$	28.54		Time Vested
	September 2020		September 2020 – September 2023		3		$	29.76		Time Vested
	January 2021		January 2021 – January 2024		2		$	34.62		Time Vested
	May 2021		May 2021 – May 2024		1		$	54.21		Time Vested
	June 2021		June 2021 – May 2024		12		$	53.17		100% of target level
	June 2021		June 2021 – May 2024		12		$	53.17		Time Vested
	September 2021		September 2021 – September 2024		4		$	67.76		Time Vested
	September 2021		September 2021 – September 2022		7		$	66.09		Time Vested

Schedule of Stock Options Activity

The following table summarizes the Company’s options as of and for the first nine months of fiscal year 2022:

								Weighted
					Weighted Average			Average Remaining
		Number			Exercise			Contractual		Aggregate
		of			Price Per			Term (in		Intrinsic
		Shares			Share			years)		Value
Outstanding as of March 27, 2021		125			$	15.47
Granted		125			$	59.87
Exercised		(85	)		$	12.00
Forfeited		(5	)		$	24.30
Redeemed		-
Outstanding as of December 25, 2021		160			$	51.72		9		$	6,589
Exercisable as of December 25, 2021		2			$	26.27		8		$	133

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Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
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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
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-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

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-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

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-Name Accounting Standards Codification
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