STOCK-BASED COMPENSATION (Tables)

3 Months Ended

Jul. 01, 2023

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 2023
Expected volatility	33% to 52%
Weighted average expected volatility	42%
Expected term (in years)	6.1 to 7.8
Weighted average dividend yield	3.7%
Risk-free interest rate	3.80% to 5.44%
Weighted average fair value at date of grant	$5.72