Stock-Based Compensation (Tables)

12 Months Ended

Mar. 30, 2019

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 2019, 2018 and 2017:

	Number of Shares		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (years)	Aggregate Intrinsic Value (in thousands)
Options outstanding at April 2, 2016	491,980		$	51.91
Granted	116,850		98.93
Exercised	(121,275	)	30.02
Canceled or expired	(22,625	)	80.21
Options outstanding at April 1, 2017	464,930		$	68.01	3.83	$	42,194
Granted	42,000		131.93
Exercised	(87,925	)	42.54
Canceled or expired	(800	)	99.65
Options outstanding at March 31, 2018	418,205		$	79.73	3.78	$	60,439
Granted	73,750		194.08
Exercised	(74,144	)	53.78
Canceled or expired	(6,700	)	150.34
Options outstanding at March 30, 2019	411,111		$	102.71	3.74	$	61,025
Exercisable at April 1, 2017	244,025		$	50.77	2.29	$	23,626
Exercisable at March 31, 2018	203,721		$	61.38	2.49	$	30,631
Exercisable at March 30, 2019	197,663		$	71.28	2.35	$	31,296

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
	2019		2018		2017
Volatility	31.5	%	32.3	%	38.3	%
Risk-free interest rate	2.7	%	1.9	%	1.1	%
Dividend yield	—	%	—	%	—	%
Expected option life in years	5.18		5.14		5.24
Estimated forfeiture rate	7.0	%	7.0	%	6.0	%