XML 102 R36.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Stock-based compensation (Tables)
12 Months Ended
Mar. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Restricted Stock Awards Granted The following table summarizes the Company's restricted stock award grants during fiscal 2023, fiscal 2022, and fiscal 2021.
Grant DateTotal
Number of
Awards
Granted
Grant Date
Fair Value
Number of
Time-Based
Awards
Granted
Time-Based
Vesting
Period
Number of
Performance-
Based
Awards
Granted
Performance-
Based
Vesting
Period
Number of
Performance-
Based
Awards
that Met
Performance
Condition
June 1, 2021335,719$13.22 98,3433years237,376(1)3years237,376
September 1, 202190,040$11.55 90,0401yearN/AN/A
March 29, 20226,408$8.67 6,4081yearN/AN/A
June 1, 2022994,681$7.56 234,0623years760,619(2)3years0
August 31, 2022153,392$6.78 153,3921yearN/AN/A
June 1, 20231,586,596$2.48 394,7293years1,191,867(3)3years0
August 30, 2023146,340$2.34 146,3401yearN/AN/A
March 26, 202420,848$1.08 20,8481yearN/AN/A
___________________________
(1)These performance-based restricted stock awards vest based on achievement of fiscal 2021 performance targets and are also subject to time-based vesting requirements.
(2)These performance-based restricted stock awards vest based on achievement of fiscal 2022 performance targets and are also subject to time-based vesting requirements.
(3)These performance-based restricted stock awards vest based on achievement of fiscal 2023 performance targets and are also subject to time-based vesting requirements.
Schedule of Restricted Stock Awards Activity
The following table summarizes the Company’s restricted stock awards activity during fiscal 2022 and fiscal 2023:
Restricted Stock
Awards
Weighted Average
Grant Date Fair Value
Nonvested at April 2, 2022990,773$7.89 
Granted 1,148,0737.45 
Vested(412,988)7.84 
Forfeited(877,301)7.50 
Withheld related to net settlement(86,482)6.22 
Nonvested at April 1, 2023762,075$7.87 
Granted 1,753,7772.17 
Vested(426,249)7.23 
Forfeited(1,351,489)2.45 
Withheld related to net settlement(57,984)6.41 
Nonvested at March 30, 2024680,130$4.39 
Schedule of Stock Option Activity
The following table summarizes the Company’s stock option activity during fiscal 2023, fiscal 2022, and fiscal 2021:
Fiscal Year
202320222021
SharesWeighted-
average
exercise
price
(per share)
Weighted-
average
contractual
term
remaining
(years)
Aggregate
intrinsic
value
(thousands)
SharesWeighted-
average
exercise
price
(per share)
Weighted-
average
contractual
term
remaining
(years)
Aggregate
intrinsic
value
(thousands)
SharesWeighted-
average
exercise
price
(per share)
Weighted-
average
contractual
term
remaining
(years)
Aggregate
intrinsic
value
(thousands)
Beginning balance1,713,070$15.74 1,966,465$15.49 2,259,041$15.07 
Granted$— $— $— 
Exercised$— (73,594)$4.62 (125,777)$4.50 
Forfeited$— $— $— 
Expired(1,330,988)$18.00 (179,801)$17.53 (166,799)$18.09 
Ending balance382,082$7.86 2.51$— 1,713,070$15.74 1.24$— 1,966,465$15.49 2.21$1,287,521 
Vested and exercisable at end of year382,082$7.86 2.51$— 1,713,070$15.74 1.24$— 1,966,465$15.49 2.21$1,287,521