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Share-Based Compensation (Tables)
3 Months Ended
May 30, 2014
Performance Units [Member]
 
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Valuation Assumptions for Performance Unit Awards
The weighted average grant date fair values were determined using the following assumptions:
 
2015 Awards
2014 Awards
2013 Awards
Three-year risk-free interest rate (1)
0.7
%
0.3
%
0.5
%
Expected term
3 years

3 years

3 years

Estimated volatility (2)
42.2
%
44.7
%
49.8
%
_______________________________________
(1)
Based on the U.S. government bond benchmark on the grant date.
(2)
Represents the historical price volatility of the Company’s common stock for the three-year period preceding the grant date.
Schedule of Compensation Costs by Plan for Share-based Payment Arrangements
The total PSU expense and associated tax benefit for all outstanding awards for the three months ended May 30, 2014 and May 24, 2013 are as follows:
 
Three Months Ended
Performance Units
May 30,
2014
May 24,
2013
Expense
$
2.6

 
$
5.2

 
Tax benefit
1.0

 
2.0

 
Schedule of Performance Unit Awards Activity
The PSU activity for the three months ended May 30, 2014 is as follows:
Maximum Number of Shares That May Be Issued Under Nonvested Units
Total
Weighted-Average
Grant Date
Fair Value per Unit
Nonvested as of February 28, 2014
1,833,288

$
14.04

Granted
611,024

19.97

Nonvested as of May 30, 2014
2,444,312

$
14.65


Restricted Stock Units [Member]
 
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Compensation Costs by Plan for Share-based Payment Arrangements
The RSU expense and associated tax benefit for all outstanding awards for the three months ended May 30, 2014 and May 24, 2013 are as follows:
 
Three Months Ended
Restricted Stock Units
May 30,
2014
May 24,
2013
Expense
$
6.7

 
$
5.6

 
Tax benefit
2.4

 
2.0

 
Schedule of Restricted Stock Unit Awards Activity
The RSU activity for the three months ended May 30, 2014 is as follows:
Nonvested Units
Total
Weighted-Average
Grant Date
Fair Value
per Unit
Nonvested as of February 28, 2014
2,001,758

$
11.71

Granted
709,518

16.63

Vested
(215,589
)
14.61

Forfeited
(14,769
)
13.23

Nonvested as of May 30, 2014
2,480,918

$
13.18