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Stock Options and Stock Awards (Tables)
9 Months Ended
Nov. 28, 2015
Stock Options and Stock Awards  
Schedule of total number and type of newly awarded grants and the related weighted average fair value

 

 

 

 

November 28, 2015

 

November 29, 2014

 

 

 

Shares

 

Weighted
Average
Fair Value

 

Shares

 

Weighted
Average
Fair Value

 

Stock options granted

 

3,579 

 

$

4.45 

 

3,113 

 

$

4.43 

 

Restricted stock awards granted

 

2,750 

 

$

8.60 

 

3,309 

 

$

7.01 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total awards

 

6,329 

 

 

 

6,422 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of weighted average assumptions used for options granted

 

 

 

 

Thirty-Nine Week Period
Ended

 

 

 

November 28,
2015

 

November 29,
2014

 

Expected stock price volatility

 

56 

%

74 

%

Expected dividend yield

 

%

%

Risk-free interest rate

 

1.7 

%

1.7 

%

Expected option life

 

5.5 years

 

5.5 years

 

 

 

Schedule of unrecognized pre-tax compensation costs, net of estimated forfeitures and the weighted average period of cost amortization

 

 

 

 

November 28, 2015

 

 

 

Unvested
stock
options

 

Unvested
restricted
stock

 

Unvested
performance
shares

 

Unrecognized pre-tax costs

 

$

24,728 

 

$

30,166 

 

$

28,999 

 

Weighted average amortization period

 

2.8 years

 

2.3 years

 

2.0 years