STOCK-BASED COMPENSATION (Tables)

3 Months Ended

Jul. 02, 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:

	Three Months Ended June 2022
Expected volatility	30% to 41%
Weighted average expected volatility	38%
Expected term (in years)	6.0 to 7.7
Weighted average dividend yield	2.9%
Risk-free interest rate	1.53% to 2.76%
Weighted average fair value at date of grant	$13.52