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Stock Option and Stock Award Plans (Tables)
9 Months Ended
Dec. 02, 2017
Stock Options and Stock Awards  
Schedule of total number and type of newly awarded grants and the related weighted average fair value

 

 

December 2, 2017

 

November 26, 2016

 

 

 

Shares

 

Weighted
Average
Fair Value

 

Shares

 

Weighted
Average
Fair Value

 

Stock options granted

 

1,000

 

$

1.08

 

 

$

N/A

 

Restricted stock awards granted

 

13,856

 

$

2.82

 

3,613

 

$

7.73

 

 

 

 

 

 

 

 

 

 

 

 

 

Total awards

 

14,856

 

 

 

3,613

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of weighted average assumptions used for options granted

 

 

Thirty-Nine Week Period
Ended

 

 

 

December 2,
2017

 

November 26,
2016

 

Expected stock price volatility

 

58

%

N/A

 

Expected dividend yield

 

0

%

N/A

 

Risk-free interest rate

 

1.9

%

N/A

 

Expected option life

 

5.5 years

 

N/A

 

 

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

 

 

December 2, 2017

 

 

 

Unvested
stock
options

 

Unvested
restricted
stock

 

Unvested
performance
shares

 

Unrecognized pre-tax costs

 

$

7,057

 

$

38,971

 

$

12,253

 

Weighted average amortization period

 

1.62 years

 

2.1 years

 

2.3 years