XML 29 R33.htm IDEA: XBRL DOCUMENT v2.4.0.6
Share-Based Compensation (Tables)
12 Months Ended
Mar. 30, 2013
Options Activity and Information about Options Outstanding

The following table summarizes the share options activity during Fiscal 2013, and information about options outstanding at March 30, 2013:

 

     Number of
Options
    Weighted
Average
Exercise
price
     Weighted
Average
Remaining
Contractual
Life (years)
     Aggregate
Intrinsic
Value
(in thousands)
 

Outstanding at March 31, 2012

     19,542,400      $ 6.59         

Granted

     55,248      $ 50.15         

Exercised

     (8,704,477   $ 3.50         

Canceled/forfeited

     (511,829   $ 10.77         
  

 

 

         

Outstanding at March 30, 2013

     10,381,342      $ 9.21         7.13       $ 493,945   
  

 

 

   

 

 

    

 

 

    

 

 

 

Vested or expected to vest at March 30, 2013

     9,716,968      $ 9.21         7.11       $ 461,486   
  

 

 

   

 

 

    

 

 

    

 

 

 

Vested and exercisable at March 30, 2013

     2,057,884      $ 7.91         6.14       $ 100,587   
  

 

 

   

 

 

    

 

 

    

 

 

 
Assumptions Used to Estimate Fair Value of Options

The following table represents assumptions used to estimate the fair value of options:

 

     Fiscal Year Ended  
     March 30,
2013
    March 31,
2012
    April 2,
2011
 

Expected dividend yield

     0.0     0.0     0.0

Volatility factor

     48.5     46.5     46.7

Weighted average risk-free interest rate

     0.6     1.8     3.2

Expected life of option

     4.75 years        7.8 years        10 years   
Restricted Shares and Restricted Share Units

The following table summarizes restricted shares and restricted share units for the 2012 Plan as of March 30, 2013 and changes during the fiscal year then ended:

 

     Number of Unvested
Restricted Shares/Units
    Weighted
Average Grant
Date Fair Value
 

Unvested at March 31, 2012

     836,874      $ 22.53   

Granted

     35,470      $ 49.66   

Vested

     (221,147   $ 22.31   

Canceled/forfeited

     (5,966   $ 25.26   
  

 

 

   

Unvested at March 30, 2013

     645,231      $ 23.98