Share-Based Compensation (Tables)

12 Months Ended

Mar. 29, 2014

The following table summarizes the share options activity during Fiscal 2014, and information about options outstanding at March 29, 2014:


	Number of Options			Weighted Average Exercise price		Weighted Average Remaining Contractual Life (years)		Aggregate Intrinsic Value (in thousands)
Outstanding at March 30, 2013		10,381,342		$	9.21
Granted		623,098		$	62.70
Exercised		(2,586,283	)	$	7.36
Canceled/forfeited		(40,229	)	$	24.35

Outstanding at March 29, 2014		8,377,928		$	13.69		6.18	$	662,388

Vested or expected to vest at March 29, 2014		8,210,369		$	13.69		6.18

Vested and exercisable at March 29, 2014		2,295,526		$	9.57		5.49	$	190,945

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


	Fiscal Year Ended
	March 29, 2014			March 30, 2013			March 31, 2012
Expected dividend yield		0.0	%		0.0	%		0.0	%
Volatility factor		46.0	%		48.5	%		46.5	%
Weighted average risk-free interest rate		1.0	%		0.6	%		1.8	%
Expected life of option		4.75 years			4.75 years			7.8 years

The following table summarizes restricted shares under the 2012 Plan as of March 29, 2014 and changes during the fiscal period then ended:


	Number of Unvested Restricted Shares			Weighted Average Grant Date Fair Value
Unvested at March 30, 2013		617,468		$	23.66
Granted		255,850		$	62.89
Vested		(208,283	)	$	23.32
Canceled/forfeited		(7,182	)	$	39.60

Unvested at March 29, 2014		657,853		$	38.38

The following table summarizes restricted share units under the 2012 Plan as of March 29, 2014 and changes during the fiscal period then ended:


	Number of Unvested Restricted Units			Weighted Average Grant Date Fair Value
Unvested at March 30, 2013		27,763		$	31.12
Granted		174,002		$	62.64
Vested		(1,986	)	$	58.10
Canceled/forfeited		—		$	—

Unvested at March 29, 2014		199,779		$	58.31