STOCK-BASED COMPENSATION (Tables)
|
12 Months Ended |
Mar. 30, 2019 |
| Share-based Payment Arrangement [Abstract] |
|
| Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity |
The following table summarizes the restricted stock units vested and shares issued during fiscal years 2018 and 2019 (amounts in thousands):
|
|
|
|
|
|
Grant |
|
|
|
|
|
|
|
|
|
|
Total |
|
Date |
|
|
|
Number |
|
|
|
|
|
|
Number |
|
Fair |
|
Target |
|
of |
|
Date |
| Date |
|
Measurement |
|
of Units |
|
Value |
|
Level |
|
Shares |
|
Shares |
| Granted |
|
Period |
|
Granted |
|
Per Unit |
|
Achieved |
|
Issued |
|
Issued |
| April 2014 |
|
April 2014 - March 2017 |
|
51 |
|
$ |
9.28 |
|
50% |
|
25 |
|
May 2017 |
| April 2015 |
|
April 2015 – March 2018 |
|
63 |
|
$ |
9.59 |
|
50% |
|
32 |
|
May 2018 |
| June 2017 |
|
June 2017 – May 2018 |
|
1 |
|
$ |
12.00 |
|
Time Vested |
|
1 |
|
June 2018 |
| January 2019 |
|
January 2019 |
|
1 |
|
$ |
19.04 |
|
Time Vested |
|
1 |
|
January 2019 |
|
| Schedule of Restricted Stock Units Award Activity |
The following table summarizes the non-vested restricted stock units outstanding as of March 30, 2019:
|
|
|
|
Total |
|
Grant Date |
|
Estimated |
|
|
|
|
Number |
|
Fair |
|
Level of |
| Date |
|
Measurement |
|
of Units |
|
Value |
|
Achievement at |
| Granted |
|
Period |
|
Granted |
|
Per Unit |
|
March 30, 2019 |
| April 2016 |
|
April 2016 - March 2019 |
|
82 |
|
$ |
10.13 |
|
131% of target level |
| April 2017 |
|
April 2017 – March 2020 |
|
75 |
|
$ |
12.90 |
|
100% of target level |
| June 2017 |
|
July 2017 – June 2020 |
|
2 |
|
$ |
12.00 |
|
Time Vested |
| April 2018 |
|
April 2018 – March 2020 |
|
2 |
|
$ |
15.65 |
|
Time Vested |
| May 2018 |
|
April 2018 – March 2021 |
|
30 |
|
$ |
15.30 |
|
100% of target level |
| May 2018 |
|
April 2018 – March 2021 |
|
30 |
|
$ |
15.30 |
|
Time Vested |
| October 2018 |
|
October 2018 – September 2027 |
|
10 |
|
$ |
20.81 |
|
Time Vested |
|
| Schedule of Stock Options Activity |
The following table summarizes the Company’s options for fiscal years 2019 and 2018:
|
|
|
|
|
Weighted |
|
Weighted |
|
|
|
|
|
|
|
|
Average |
|
Average |
|
|
|
|
|
Number |
|
|
Exercise |
|
Remaining |
|
Aggregate |
|
|
of |
|
|
Price Per |
|
Contractual |
|
Intrinsic |
|
|
Shares |
|
|
Share |
|
Term (in Years) |
|
Value |
| Outstanding as of March 25, 2017 |
|
242 |
|
|
$ |
7.48 |
|
|
|
|
|
| Granted |
|
165 |
|
|
|
12.00 |
|
|
|
|
|
| Exercised |
|
(97 |
) |
|
|
7.24 |
|
|
|
|
|
| Forfeited |
|
(17 |
) |
|
|
7.65 |
|
|
|
|
|
| Redeemed |
|
(20 |
) |
|
|
7.72 |
|
|
|
|
|
| Outstanding as of March 31, 2018 |
|
272 |
|
|
|
10.27 |
|
|
|
|
|
| Granted |
|
25 |
|
|
|
19.95 |
|
|
|
|
|
| Exercised |
|
(2 |
) |
|
|
- |
|
|
|
|
|
| Forfeited |
|
(4 |
) |
|
|
6.75 |
|
|
|
|
|
| Redeemed |
|
- |
|
|
|
- |
|
|
|
|
|
| Outstanding as of March 30, 2019 |
|
291 |
|
|
|
11.16 |
|
5 |
|
$ |
3,439 |
| Exercisable as of March 30, 2019 |
|
271 |
|
|
$ |
10.45 |
|
5 |
|
$ |
3,396 |
|