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Equity-Based Compensation (Tables)
12 Months Ended
Mar. 29, 2025
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
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 April 2, 2022

 

 

487

 

 

$

28.50

 

 

 

 

 

 

 

Exercised

 

 

(89

)

 

$

27.64

 

 

 

 

 

 

 

Outstanding at April 1, 2023

 

 

398

 

 

$

28.68

 

 

 

 

 

 

 

Exercised

 

 

(66

)

 

$

21.72

 

 

 

 

 

 

 

Forfeitures

 

 

(1

)

 

$

15.00

 

 

 

 

 

 

 

Outstanding at March 30, 2024

 

 

331

 

 

$

30.10

 

 

 

 

 

 

 

Exercised

 

 

(15

)

 

$

32.65

 

 

 

 

 

 

 

Outstanding at March 29, 2025

 

 

316

 

 

$

29.98

 

 

 

3.1

 

 

$

20,473

 

Vested and exercisable at March 29, 2025

 

 

316

 

 

$

29.98

 

 

 

3.1

 

 

$

20,473

 

Summary of Performance Share Units Activity A summary of the activity associated with these awards based on the maximum potential achievement is as follows:

 

Shares (in thousands,

 

 

Weighted Average Grant Date Fair Value Per Unit

 

 

 

at maximum achievement)

 

 

(at maximum achievement)

 

Outstanding at April 2, 2022

 

 

407

 

 

$

29.26

 

Granted

 

 

254

 

 

$

42.17

 

Vested

 

 

(128

)

 

$

33.22

 

Forfeitures

 

 

(3

)

 

$

35.88

 

Outstanding at April 1, 2023

 

 

530

 

 

$

36.79

 

Granted

 

 

166

 

 

$

52.10

 

Vested

 

 

(91

)

 

$

75.11

 

Forfeitures

 

 

(4

)

 

$

42.22

 

Outstanding at March 30, 2024

 

 

601

 

 

$

36.61

 

Granted

 

 

128

 

 

$

61.53

 

Vested

 

 

(73

)

 

$

40.47

 

Forfeitures

 

 

(240

)

 

$

44.24

 

Outstanding at March 29, 2025

 

 

416

 

 

$

50.47

 

 

Summary of Restricted Share Units and Restricted Share Awards Activity

 

 

Restricted Stock Units
(in thousands)

 

Outstanding at April 2, 2022

 

165

 

Granted

 

 

267

 

Vested

 

 

 

 

(91

)

Forfeitures

 

 

(11

)

Outstanding at April 1, 2023

 

 

330

 

Granted

 

 

273

 

Vested

 

 

(222

)

Forfeitures

 

 

(11

)

Outstanding at March 30, 2024

 

 

370

 

Granted

 

 

137

 

Vested

 

 

(211

)

Forfeitures

 

 

(46

)

Outstanding at March 29, 2025

 

 

250

 

Performance Share Units [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of Assumptions Used in 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 2025

 

 

Fiscal 2024

 

 

Fiscal 2023

 

Weighted-average assumptions used:

 

 

 

 

 

 

 

 

 

Expected volatility

 

 

46.8

%

 

 

49.0

%

 

 

57.6

%

Dividend yield

 

 

 

 

 

 

 

 

 

Risk-free interest rate

 

 

3.9

%

 

 

4.4

%

 

 

3.7

%

Expected term, in years

 

 

3.00

 

 

 

3.00

 

 

 

3.00

 

Weighted average grant date fair value per share

 

$

123.06

 

 

$

104.20

 

 

$

84.34