Stock-Based Compensation (Tables)

12 Months Ended

Mar. 29, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Stock Options Activity

The following table summarizes the option activity within the Company’s stock-based compensation plans for the fiscal years 2014, 2013 and 2012:

	Number of Shares		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (years)	Aggregate Intrinsic Value (in thousands)
Options outstanding at April 1, 2011	401,500		$	27.91
Granted	80,100		44.45
Exercised	(72,850	)	20.08
Canceled or expired	(1,250	)	24.18
Options outstanding at March 31, 2012	407,500		$	32.62	3.91	$	5,689
Granted	72,200		46.59
Exercised	(77,000	)	28.55
Canceled or expired	(3,000	)	45.00
Options outstanding at March 30, 2013	399,700		$	35.83	4.18	$	4,691
Granted	64,450		52.99
Exercised	(9,500	)	37.66
Canceled or expired	(10,750	)	48.28
Options outstanding at March 29, 2014	443,900		$	37.98	3.67	$	18,047
Exercisable at March 31, 2012	168,775		$	31.57	2.37	$	2,533
Exercisable at March 30, 2013	179,925		$	34.15	3.58	$	2,414
Exercisable at March 29, 2014	259,625		$	34.56	3.03	$	11,445

Stock Options, Weighted Average Assumptions

The fair values of options granted were estimated at the date of grant using the following weighted average assumptions: 

	Fiscal Year
	2014		2013		2012
Volatility	47.7	%	51.5	%	46.4	%
Risk-free interest rate	1.2	%	0.6	%	1.6	%
Dividend yield	—	%	—	%	—	%
Expected option life in years	4.52		4.62		4.60