Stock-based Compensation (Tables)

6 Months Ended

Sep. 29, 2018

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

Schedule of Stock Options, Valuation Assumptions

The fair value of stock options is estimated on the grant date using the Black-Scholes option pricing model, which includes the following weighted-average assumptions.

	Six-months ended
	September 30
	2018		2017
Expected life (in years)	5.0		6.1
Risk-free interest rate	2.9	%	2.1	%
Annual forfeiture rate	6.3	%	2.7	%
Expected volatility	59.8	%	45.3	%
Dividend yield	—	%	3.9	%

Schedule of Stock Options, Activity

The following table summarizes the Company’s stock option activity:

	Shares (in 000’s)		Weighted-Average Exercise Price		Weighted-Average Remaining Contractual Life (Years)	Intrinsic Value (000’s)
March 31, 2018	1,110		$	19.30
Granted	1,960		2.80
Exercised	—		—
Forfeited or cancelled	(357	)	17.78
September 30, 2018	2,713		$	7.58	8.0	$	—
Exercisable	663		$	20.66	3.3	$	—

Schedule of Stock Options, Nonvested Share Activity

The following table summarizes certain information regarding the Company’s non-vested stock options:

	Shares (in 000’s)		Weighted-Average Grant-Date Fair Value
March 31, 2018	402		$	2.89
Granted	1,960		1.44
Vested	(148	)	3.34
Forfeited	(162	)	1.74
September 30, 2018	2,052		$	1.56

Schedule of Restricted Stock Units, Activity

The following table summarizes the Company’s restricted stock unit activity:

	Shares (in 000’s)		Weighted-Average Grant-Date Fair Value
March 31, 2018	360		$	9.70
Granted	15		0.95
Vested	(146	)	11.06
Forfeited	(47	)	9.62
September 30, 2018	182		$	7.92

Schedule of Performance Share Units, Valuation Assumptions

The fair value of performance share awards (subject to the Company’s Relative TSR Ranking) is estimated on the grant date using the Monte-Carlo simulation valuation method.

There have been no performance share awards granted in Fiscal 2019

Schedule of Performance Share Units, Activity

The following table summarizes the Company’s performance share award activity:

	Shares (in 000’s)		Weighted-Average Grant-Date Fair Value
March 31, 2018	327		$	11.14
Granted	—		—
Vested	(46	)	19.56
Forfeited	(37	)	9.58
September 30, 2018	244		$	9.77