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Share-Based Compensation (Tables)
 12 Months Ended
Feb. 25, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
The fair values of all options granted were determined using a Black-Scholes option-pricing model with the following weighted average assumptions for each fiscal year:
 
 
2017
 
2016
 
2015
Dividend yield
2.2
%
 
1.5
%
 
1.2
%
Volatility
32.9
%
 
33.4
%
 
36.6
%
Risk-free interest rate
1.3
%
 
1.4
%
 
1.7
%
Expected life
5.0 years

 
5.0 years

 
5.0 years
Reconciliation of Stock Option Activity
A reconciliation of the Company’s stock option activity, including stock option activity with employees of the Company’s discontinued operations, and related information for fiscal 2017 is as follows:
 
 
Number of
Shares
 
Weighted
Average
Exercise Price
Per Share
 
Weighted
Average
Remaining
Contractual Life
(Years)
 
Aggregate
Intrinsic
Value
Outstanding at February 27, 2016
2,546,228

 
$
21.81

 
 
 
 
Granted
1,450,635

 
20.04

 
 
 
 
Exercised
(178,480
)
 
16.04

 
 
 
$
1,257,000

Forfeited and expired
(225,791
)
 
22.22

 
 
 
 
Outstanding at February 25, 2017
3,592,592

 
$
21.35

 
7.4
 
$
1,719,000

Exercisable at February 25, 2017
1,816,854

 
$
21.14

 
6.4
 
$
1,694,000
Outstanding and Exercisable Options
The following table summarizes information concerning outstanding and exercisable options at February 25, 2017:
 
Range of Exercise Prices
Number
Outstanding
 
Weighted-Average
Remaining
Contractual Life
 
Weighted-Average
Exercise Price
 
Number
Exercisable
 
Weighted-Average
Exercise Price
$1.00 - $10.00
135,833

 
2.6
 
$
6.08

 
135,833

 
$
6.08

$10.01 - $15.00
47,404

 
4.0
 
13.14

 
47,404

 
13.14

$15.01 - $20.00
720,910

 
8.0
 
18.58

 
397,302

 
19.22

$20.01 - $25.00
2,178,406

 
9.1
 
21.93

 
902,125

 
22.23

$25.01 +
510,039

 
8.1
 
27.60

 
334,190

 
27.73

 
3,592,592

 
8.4
 
$
21.35

 
1,816,854

 
$
21.14
Reconciliation of Restricted Stock Activity
A reconciliation of the Company’s restricted stock activity and related information for fiscal 2017 is as follows:
 
 
Number of
Shares
 
Weighted Average
Grant  Date
Fair Value
Unvested at February 27, 2016
712,617

 
$
23.22

Granted
479,781

 
19.64

Vested
(400,117
)
 
22.06

Forfeited
(195,136
)
 
22.87

Unvested at February 25, 2017
597,145

 
$
21.36