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Share Based Compensation (Tables)
12 Months Ended
Mar. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of changes in outstanding stock options



 

 

 

 

 



 

 

 

 

 

 

 

Weighted

 

 

 

 

Average

 

 

 

 

Exercise

 

Options

 

 

Price

 

Outstanding

At March 28, 2015

 

$

34.21 

 

1,518,330 

Granted

 

$

62.28 

 

243,410 

Exercised

 

$

29.59 

 

(549,141)

Canceled

 

$

50.69 

 

(23,808)

At March 26, 2016

 

$

41.75 

 

1,188,791 

Granted

 

$

62.01 

 

232,560 

Exercised

 

$

31.61 

 

(485,660)

Canceled

 

$

61.20 

 

(39,347)

At March 25, 2017

 

$

51.67 

 

896,344 

Granted

 

$

48.12 

 

546,080 

Exercised

 

$

35.00 

 

(170,354)

Canceled

 

$

60.87 

 

(64,092)

At March 31, 2018

 

$

51.95 

 

1,207,978 



A summary of the status of and changes in nonvested stock options granted



 

 

 

 

 



 

 

 

 

 



 

 

 

Weighted

 

 

 

 

Average

 

 

 

 

Grant-Date

 

 

 

 

Fair Value

 

 

Options

 

(per Option)

Non-vested at March 28, 2015

 

419,729 

 

$

9.70 

Granted

 

243,410 

 

$

13.10 

Vested

 

(242,841)

 

$

10.38 

Canceled

 

(20,929)

 

$

10.18 

Non-vested at March 26, 2016

 

399,369 

 

$

11.26 

Granted

 

232,560 

 

$

12.17 

Vested

 

(266,112)

 

$

10.48 

Canceled

 

(32,582)

 

$

12.79 

Non-vested at March 25, 2017

 

333,235 

 

$

12.37 

Granted

 

546,080 

 

$

8.84 

Vested

 

(119,445)

 

$

12.04 

Canceled

 

(47,465)

 

$

12.53 

Non-vested at March 31, 2018

 

712,405 

 

$

9.72 



Summarizes information about fixed stock options outstanding



 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

Options Outstanding

 

Options Exercisable

 

 

 

 

Weighted

 

Weighted

 

 

 

Weighted

 

 

 

 

Average

 

Average

 

Shares

 

Average

Range of

 

Shares

 

Remaining

 

Exercise

 

Under 

 

Exercise

Exercise Prices

 

Under Option

 

Life

 

Price

 

Option

 

Price

$11.76 - $46.99

 

118,465 

 

1.03 

 

$

35.97 

 

110,965 

 

$

35.36 

$47.00 - $48.28

 

442,300 

 

5.36 

 

$

47.26 

 

500 

 

$

47.30 

$48.29 - $57.25

 

305,718 

 

3.17 

 

$

53.19 

 

154,825 

 

$

52.67 

$57.26 - $75.76

 

341,495 

 

3.16 

 

$

62.48 

 

229,283 

 

$

61.34 



Summary Of Restricted Stock



 

 

 

 

 

 

 



 

 

 

 

 

 

 



 

Shares

 

Weighted-Average
Grant-Date Fair
Value per Share

 

Weighted
Average
Remaining
Vesting Period
(in years)

Nonvested as of March 25, 2017

 

 —

 

 

 

 

 

Granted

 

61,875 

 

$

47.59 

 

 

Vested

 

 —

 

 

 

 

 

Forfeited

 

 —

 

 

 

 

 

Nonvested as of March 31, 2018

 

61,875 

 

$

47.59 

 

2.48 



Service Condition Options [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Weighted average fair value of options assumptions



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

Year Ended Fiscal March

 

 

2018

 

2017

 

2016

Risk-free interest rate

 

1.78 

%

 

1.20 

%

 

1.25 

%

Expected life, in years

 

 

 

 

 

 

Expected volatility

 

26.1 

%

 

25.9 

%

 

27.2 

%

Expected dividend yield

 

1.49 

%

 

1.10 

%

 

0.96 

%



Market Condition Options [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Weighted average fair value of options assumptions



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended
Fiscal March

 

 

 

 

 

 

2018

Risk-free interest rate

 

 

 

 

 

 

 

1.65 

%

Expected life, in years

 

 

 

 

 

 

 

 

Expected volatility

 

 

 

 

 

 

 

29.4 

%

Expected dividend yield

 

 

 

 

 

 

 

1.53 

%