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Stock-Based Compensation Plans (Tables)
3 Months Ended
Jul. 02, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
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)
July 2, 2016
 
June 27, 2015
Stock-based compensation included in:

 

Cost of revenues
$
2,119

 
$
1,964

Research and development
15,120

 
14,692

Selling, general and administrative
12,165

 
9,664

 
$
29,404

 
$
26,320

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 2017 was $42.52 ($42.45 for the first quarter of fiscal 2016), which were calculated based on estimates at the date of grant using the following weighted-average assumptions: 

 
Three Months Ended

July 2, 2016

June 27, 2015
Risk-free interest rate
1.0
%
 
1.3
%
Dividend yield
2.8
%
 
2.7
%
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 28, 2015
3,247

 
$
24.81

Exercised
(1,977
)
 
$
24.38

Forfeited/cancelled/expired
(13
)
 
$
32.10

April 2, 2016
1,257

 
$
25.42

Exercised
(561
)
 
$
23.40

Forfeited/cancelled/expired
(1
)
 
$
27.86

July 2, 2016
695

 
$
27.04

Options exercisable at:

 

July 2, 2016
682

 
$
26.95

April 2, 2016
1,241

 
$
25.33

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 28, 2015
6,873

 
$
39.07

Granted
3,088

 
$
41.19

Vested
(2,691
)
 
$
37.23

Cancelled
(592
)
 
$
39.43

April 2, 2016
6,678

 
$
40.74

Granted
155

 
$
42.52

Vested
(2,010
)
 
$
39.45

Cancelled
(149
)
 
$
40.77

July 2, 2016
4,674

 
$
41.35