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STOCK-BASED COMPENSATION (Tables)
9 Months Ended
Dec. 26, 2020
Share-based Payment Arrangement [Abstract]  
Schedule of Restricted Stock Units Award Activity

The Company achieved 79% of the target level for the performance-based restricted stock units granted in the fiscal year ended March 31, 2018 and as a result, issued 49 shares of common stock to executive officers and certain key

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Table of Contents

employees during the first quarter of fiscal year 2021. The following table summarizes the non-vested restricted stock units outstanding as of December 26, 2020:

 

 

Total

Grant Date

Estimated

Number

Fair

Level of

Date

Measurement

of Units

Value

Achievement at

Granted

Period

Outstanding

Per Unit

December 26, 2020

April 2018

April 2018 – March 2021

1

$

15.65

Time Vested

May 2018

April 2018 – March 2021

22

$

15.30

55% of target level

May 2018

April 2018 – March 2021

22

$

15.30

Time Vested

October 2018

October 2018 – September 2027

8

$

20.81

Time Vested

March 2019

April 2019 – March 2022

23

$

23.50

55% of target level

March 2019

April 2019 – March 2022

23

$

23.50

Time Vested

August 2019

August 2019 – August 2022

1

$

23.00

Time Vested

March 2020

April 2020 – March 2023

2

$

26.25

Time Vested

July 2020

July 2020 – March 2023

46

$

27.08

Time Vested

September 2020

September 2020 – September 2021

14

$

28.52

Time Vested

September 2020

September 2020 –July 2023

4

$

28.54

Time Vested

September 2020

September 2020 –July 2023

5

$

29.76

Time Vested

September 2020

September 2020 – September 2023

3

$

29.76

Time Vested

Schedule of Stock Options Activity

The following table summarizes the Company’s options as of and for the first nine months of fiscal year 2021:

Weighted

Weighted

Average

Average

Number

Exercise

Remaining

Aggregate

of

Price Per

Contractual

Intrinsic

Shares

Share

Term (in years)

Value

Outstanding as of March 28, 2020

150

$

14.63

Granted

20

$

27.48

Exercised

(30

)

$

12.75

Forfeited

-

-

Redeemed

-

-

Outstanding as of December 26, 2020

140

$

16.87

3

$

2,263

Exercisable as of December 26, 2020

85

$

17.04

2

$

1,788