STOCK-BASED COMPENSATION (Tables)

9 Months Ended

Jan. 01, 2022

Share-based Payment Arrangement [Abstract]

Schedule of Assumption Used and Resulting Weighted Average Fair Value of Stock Option Granted

The grant date fair value of each option award was calculated using a lattice option-pricing valuation model, which incorporated a range of assumptions for inputs as follows:

	Nine Months Ended December 2021
Expected volatility	28% to 41%
Weighted average expected volatility	36%
Expected term (in years)	6.1 to 7.9
Weighted average dividend yield	2.6%
Risk-free interest rate	0.04% to 1.63%
Weighted average fair value at date of grant	$20.19