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Share-Based Compensation (Tables)

9 Months Ended

Nov. 27, 2020

Performance 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 total PSU expense and associated tax benefit for all outstanding awards for the three and nine months ended November 27, 2020 and November 22, 2019 are as follows:

			Three Months Ended												Nine Months Ended
Performance Units			November 27, 2020						November 22, 2019						November 27, 2020						November 22, 2019
Expense			$	0.1					$	0.3					$	0.4					$	2.0
Tax benefit			—						—						0.1						0.5

Schedule of Performance Unit Awards Activity

There were no PSU grants, vestings or forfeitures for the nine months ended November 27, 2020.

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 total RSU expense and associated tax benefit for all outstanding awards for the three and nine months ended November 27, 2020 and November 22, 2019 are as follows:

			Three Months Ended												Nine Months Ended
Restricted Stock Units			November 27, 2020						November 22, 2019						November 27, 2020						November 22, 2019
Expense			$	1.9					$	1.8					$	10.9					$	11.7
Tax benefit			0.5						0.5						2.8						3.1

Schedule of Restricted Stock Unit Awards Activity

The RSU activity for the nine months ended November 27, 2020 is as follows:

Nonvested Units			Total			Weighted-Average Grant Date Fair Value per Unit
Nonvested as of February 28, 2020			1,761,124			$	15.28
Granted			1,371,077			9.49
Vested			(149,625)			15.12
Forfeited			(42,668)			14.34
Nonvested as of November 27, 2020			2,939,908			$	12.60

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- Definition

Tabular disclosure of the number and weighted-average grant date fair value for performance units that were outstanding at the beginning and end of the year, and the number of performance units that were granted, vested, or forfeited during the year.

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Tabular disclosure of cost recognized for award under share-based payment arrangement by plan. Includes, but is not limited to, related tax benefit.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(1)
-URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901

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Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year.

+ References

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