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Stock-Based Compensation (Tables)
 12 Months Ended
Apr. 01, 2023
Share-Based Payment Arrangement [Abstract]  
Stock Options Activity
Stock Options. The following table summarizes stock option activity for fiscal years 2023, 2022 and 2021:
Number
of Shares		Weighted
Average
Exercise
Price per share		Weighted
Average
Remaining
Contractual
Term (years)		Aggregate
Intrinsic
Value
(in thousands)
Outstanding at March 28, 2020364,174 $123.93 
Granted 39,800 177.61 
Exercised(131,567)90.49 
Canceled or expired(20,658)148.95 
Outstanding at April 3, 2021251,749 $146.86 4.04$34,266 
Exercised(53,550)107.58 
Canceled or expired(5,286)164.49 
Outstanding at April 2, 2022192,913 $157.23 3.34$16,724 
Exercised(44,237)137.28 
Canceled or expired(5,100)241.23 
Outstanding at April 1, 2023143,576 $160.40 2.88$22,591 
Exercisable at April 3, 2021108,588 $132.48 3.22$15,549 
Exercisable at April 2, 2022126,948 $149.90 2.82$11,941 
Exercisable at April 1, 2023116,434 $155.38 2.70$18,887 
Stock Options, Weighted Average Assumptions There were no grants of stock options in fiscal years 2023 or 2022. The weighted-average estimated fair value of employee stock options granted during fiscal year 2021 was $69.65 per share using the following weighted average assumptions:
 
 2021
Volatility47.5 %
Risk-free interest rate0.3 %
Dividend yield— %
Expected option life in years4.56
Estimated forfeiture rate7.0 %
Restricted Stock Unit Activity
Restricted Stock Awards. A summary of RSU activity for fiscal years 2023, 2022 and 2021 is as follows:
Number of Service-based unitsWeighted Average Grant Date Fair Value per share
Outstanding at March 28, 20204,500 $157.82 
Awarded3,550 183.83 
Released(3,465)158.97 
Outstanding at April 3, 20214,585 $177.08 
Awarded16,902 233.60 
Released(3,335)180.83 
Forfeited(505)215.90 
Outstanding at April 2, 202217,647 $229.39 
Awarded18,965 227.99 
Released(6,714)234.55 
Forfeited(1,030)283.27 
Outstanding at April 1, 202328,868 $225.35 
The total intrinsic value of RSUs released during fiscal years 2023, 2022 and 2021 was $1.6 million, $0.8 million and $0.6 million, respectively.
Number of Performance-based unitsWeighted Average Grant Date Fair Value per share
Outstanding at March 28, 20207,305 $158.93 
Awarded7,450 167.93 
Forfeited(1,816)163.19 
Outstanding at April 3, 202112,939 $163.51 
Awarded7,920 217.39 
Forfeited(805)192.64 
Outstanding at April 2, 202220,054 $183.62 
Awarded11,730 209.87 
Additional shares granted by performance2,489 158.36 
Released(8,822)158.36 
Outstanding at April 1, 202325,451 $202.00 
Unvested target performance-based RSUs that may vest based upon performance conditions through fiscal year 20236,201 
Unvested target performance-based RSUs that may vest based upon performance conditions through fiscal year 20247,520 
Unvested target performance-based RSUs that may vest based upon performance conditions through fiscal year 202511,730