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Stock-Based Compensation Plans (Tables)
3 Months Ended
Jun. 28, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value
The per share weighted-average fair value of RSUs granted during the first quarter of fiscal 2015 was $40.69 ($34.23 for the first quarter of fiscal 2014), which were calculated based on estimates at the date of grant using the following weighted-average assumptions: 
 
Three Months Ended

June 28, 2014


June 29, 2013

Risk-free interest rate
0.9
%
 
0.5
%
Dividend yield
2.5
%
 
2.5
%
Stock-Based compensation expense
The following table summarizes stock-based compensation expense related to stock awards granted under the Company’s equity incentive plans and rights to acquire stock granted under the Company’s Employee Stock Purchase Plan (ESPP):
 
Three Months Ended
(In thousands)
June 28, 2014
 
June 29, 2013
Stock-based compensation included in:

 

Cost of revenues
$
1,992

 
$
1,804

Research and development
10,505

 
10,219

Selling, general and administrative
9,609

 
8,931

 
$
22,106

 
$
20,954

Employee Stock Option [Member]
 
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of option plans activity
A summary of the Company’s option plans activity and related information is as follows:
 
 
Options Outstanding
(Shares in thousands)
Number of Shares
 
Weighted-Average Exercise Price Per Share
March 30, 2013
12,753

 
$
28.01

Granted
8

 
$
41.08

Exercised
(7,421
)
 
$
29.95

Forfeited/cancelled/expired
(60
)
 
$
35.61

March 29, 2014
5,280

 
$
25.22

Granted

 
$

Exercised
(538
)
 
$
27.57

Forfeited/cancelled/expired
(7
)
 
$
38.24

June 28, 2014
4,735

 
$
24.93

Options exercisable at:

 

June 28, 2014
4,528

 
$
24.61

March 29, 2014
4,935

 
$
24.87

Restricted Stock Units (RSUs) [Member]
 
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of restricted stock unit activity and related information
A summary of the Company’s RSU activity and related information is as follows:
 
 
RSUs Outstanding
(Shares in thousands)
Number of Shares
 
Weighted-Average Grant-Date Fair Value Per Share
March 30, 2013
5,996

 
$
30.83

Granted
3,297

 
$
38.90

Vested
(2,066
)
 
$
29.25

Cancelled
(326
)
 
$
32.28

March 29, 2014
6,901

 
$
35.08

Granted
403

 
$
40.69

Vested
(78
)
 
$
31.56

Cancelled
(69
)
 
$
34.09

June 28, 2014
7,157

 
$
35.45