Equity-Based Compensation (Tables)

12 Months Ended

Apr. 02, 2022

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Summary of Activity Associated with Awards

A summary of the activity associated with these awards is as follows:

(amounts in thousands)	Time Based Restricted Share Awards
Outstanding at March 30, 2019		290
Vested		(145	)
Outstanding at March 28, 2020		145
Vested		(145	)
Outstanding at April 3, 2021		—
Vested		—
Outstanding at April 2, 2022		—

Summary of Stock Options Activity

A summary of the activity associated with these awards is as follows:

	Shares (in thousands)			Weighted Average Exercise Price Per Share		Weighted Average Remaining Term (in years)		Aggregate Intrinsic Value (in thousands)
Outstanding at March 30, 2019		146		$	15.00
Granted		266		$	32.11
Exercised		(8	)	$	15.00
Forfeitures		(1	)	$	15.00
Outstanding at March 28, 2020		403		$	26.29
Granted		138		$	31.21
Exercised		(5	)	$	15.00
Outstanding at April 3, 2021		536		$	27.51
Granted		13		$	53.06
Exercised		(61	)	$	25.04
Forfeitures		(1	)	$	31.68
Outstanding at April 2, 2022		487		$	28.50		7.8	$	13,169
Vested and expected to vest at April 2, 2022		487		$	28.50		7.8	$	13,169
Exercisable at April 2, 2022		297		$	25.61		7.5	$	8,900

Summary of Performance Share Units Activity

A summary of the activity associated with these awards is as follows:

	Shares (in thousands)			Weighted Average Grant Date Fair Value Per Unit
Outstanding at March 30, 2019		146		$	3.62
Granted		86		$	29.05
Forfeitures		(2	)	$	3.62
Outstanding at March 28, 2020		230		$	13.85
Granted		61		$	28.38
Outstanding at April 3, 2021		291		$	16.90
Granted		96		$	83.04
Vested		(84	)	$	6.38
Forfeitures		(61	)	$	6.57
Outstanding at April 2, 2022		242		$	49.27

Summary of Restricted Share Units and Restricted Share Awards Activity

(units and shares in thousands)	Restricted Stock Units
Outstanding at March 30, 2019		158
Granted		112
Vested		(75	)
Forfeitures		(1	)
Outstanding at March 30, 2019		194
Granted		87
Forfeitures		(98	)
Outstanding at April 3, 2021		183
Granted		109
Vested		(126	)
Forfeitures		(1	)
Outstanding at April 2, 2022		165

Stock Options [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Summary of Assumptions Used in Black-Scholes Option-Pricing and Monte-Carlo Simulation Model with Weighted-Average Grant Date Fair Value

The assumptions used in the Black-Scholes option-pricing model along with the weighted average grant date fair value for awards granted in the periods presented are as follows:

Option Award Assumptions	Fiscal 2022			Fiscal 2021			Fiscal 2020
Weighted-average assumptions used:
Expected volatility		50.0	%		45.0	%		30.0	%
Dividend yield		—			—			—
Risk-free interest rate		1.0	%		0.5	%		1.7	%
Expected term, in years		6.00			6.00			5.88
Weighted average grant date fair value per share	$	25.29		$	12.48		$	10.33

Performance Share Units [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Summary of Assumptions Used in Black-Scholes Option-Pricing and Monte-Carlo Simulation Model with Weighted-Average Grant Date Fair Value

The assumptions used in the Monte-Carlo simulation for the performance condition of performance share units along with the weighted-average grant date fair value for awards granted in the periods presented are as follows:

Performance Unit Assumptions	Fiscal 2022			Fiscal 2021			Fiscal 2020
Weighted-average assumptions used:
Expected volatility		54.8	%		50.0	%		30.0	%
Dividend yield		—			—			—
Risk-free interest rate		1.1	%		2.0	%		1.6	%
Expected term, in years		2.98			3.00			2.84
Weighted average grant date fair value per share	$	83.04		$	28.38		$	29.05