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STOCK-BASED AWARDS (Tables)
 12 Months Ended
Feb. 25, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock Options Granted, Exercised and Outstanding
Stock options granted, exercised and outstanding consisted of the following:
 
Shares Under Option
(In thousands)
 
Weighted Average Exercise Price
 
Weighted Average Remaining Contractual Term
(In years)
 
Aggregate Intrinsic Value
(In thousands)
Outstanding, February 22, 2014
23,335

 
$
14.87

 
5.41
 
$
15,982

Granted
5,022

 
7.54

 
 
 
 
Exercised
(1,944
)
 
3.71

 
 
 
 
Canceled and forfeited
(5,533
)
 
30.68

 
 
 
 
Outstanding, February 28, 2015
20,880

 
$
9.98

 
6.55
 
$
61,073

Granted
5,531

 
7.44

 
 
 
 
Exercised
(1,723
)
 
5.84

 
 
 
 
Canceled and forfeited
(3,336
)
 
24.94

 
 
 
 
Outstanding, February 27, 2016
21,352

 
$
7.37

 
5.93
 
$
6,827

Granted
960

 
5.64

 
 
 
 
Exercised
(1,745
)
 
3.65

 
 
 
 
Canceled and forfeited
(4,982
)
 
9.73

 
 
 
 
Outstanding, February 25, 2017
15,585

 
$
6.92

 
5.99
 
$
2,161

Vested and expected to vest in the future as of February 25, 2017
15,152

 
$
6.95

 
5.92
 
$
2,161

Exercisable as of February 25, 2017
11,313

 
$
6.97

 
5.17
 
$
2,161
Assumptions Related to Valuation of Company's LTIP/Stock Options
Supervalu used the Black Scholes option pricing model to estimate the fair value of the options at grant date based upon the following assumptions:
 
2017
 
2016
 
2015
Dividend yield
—
%
 
—
%
 
—
%
Volatility rate
54.2
%
 
49.0 – 56.5%

 
50.8 – 53.2%

Risk-free interest rate
1.3
%
 
1.2 – 1.4%

 
1.2 – 1.6%

Expected option life
5.0 years

 
4.0 years

 
4.0 – 5.0 years

Supervalu used the Monte Carlo method to estimate the fair value of the PSUs at grant date based upon the following assumptions:
 
2017
Dividend yield
—
%
Volatility rate
41.3
%
Risk-free interest rate
0.9
%
Expected PSU life
2.8 years
Share-based Compensation, Performance Shares Award Outstanding Activity [Table Text Block]
Performance share unit activity consisted of the following:
 
Performance Share Units
(In thousands)
 
Weighted Average Grant Date Fair Value
Outstanding, February 27, 2016
—

 
$
—

Granted
1,410

 
6.65

Lapsed
—

 
—

Canceled and forfeited
(204
)
 
6.65

Outstanding, February 25, 2017
1,206

 
$
6.65
Restricted Stock Awards Activities
Restricted stock awards and restricted stock unit activity consisted of the following:
 
Restricted Stock Units
(In thousands)
 
Restricted Stock Awards
(In thousands)
 
Weighted Average Grant Date Fair Value(1)
Outstanding, February 22, 2014
—

 
937

 
9.09

Granted
2,274

 
18

 
7.11

Lapsed
(133
)
 
(417
)
 
6.54

Canceled and forfeited
(90
)
 
(2
)
 
6.09

Outstanding, February 28, 2015
2,051

 
536

 
11.02

Granted
65

 
2,339

 
8.74

Lapsed
(742
)
 
(456
)
 
6.82

Canceled and forfeited
(125
)
 
(239
)
 
8.79

Outstanding, February 27, 2016
1,249

 
2,180

 
$
8.68

Granted
4,575

 
11

 
5.64

Lapsed
(834
)
 
(756
)
 
8.59

Canceled and forfeited
(1,333
)
 
(550
)
 
8.79

Outstanding, February 25, 2017
3,657

 
885

 
$
8.64


(1) Weighted average grant date fair value is only used for restricted stock awards.
Components of Pre-Tax Stock-Based Compensation Expense and Related Tax Benefits
The components of pre-tax stock-based compensation expense are included primarily in Selling and administrative expenses in the Consolidated Statements of Operations. The expense recognized and related tax benefits were as follows:
 
2017
 
2016
 
2015
Stock-based compensation
$
18

 
$
22

 
$
20

Income tax benefits
(7
)
 
(9
)
 
(8
)
Stock-based compensation, net of tax
$
11

 
$
13

 
$
12