XML 56 R38.htm IDEA: XBRL DOCUMENT v3.24.1.u1

Fair Value Measures and Disclosures (Tables)

12 Months Ended

Feb. 23, 2024

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

Assets and liabilities measured at fair value within our Consolidated Balance Sheets as of February 23, 2024 and February 24, 2023 are summarized below:

Fair Value of Financial Instruments			February 23, 2024
			Level 1						Level 2						Level 3						Total
Assets:
Cash and cash equivalents			$	318.6					$	—					$	—					$	318.6
Restricted cash			7.3						—						—						7.3
Foreign exchange forward contracts			—						0.8						—						0.8
Auction rate security			—						—						2.8						2.8
			$	325.9					$	0.8					$	2.8					$	329.5
Liabilities:
Foreign exchange forward contracts			$	—					$	(0.5)					$	—					$	(0.5)
Contingent consideration			—						—						—						—
			$	—					$	(0.5)					$	—					$	(0.5)
Fair Value of Financial Instruments			February 24, 2023
			Level 1						Level 2						Level 3						Total
Assets:
Cash and cash equivalents			$	90.4					$	—					$	—					$	90.4
Restricted cash			6.8						—						—						6.8
Foreign exchange forward contracts			—						2.3						—						2.3
Auction rate security			—						—						2.1						2.1
			$	97.2					$	2.3					$	2.1					$	101.6
Liabilities:
Foreign exchange forward contracts			$	—					$	(0.3)					$	—					$	(0.3)
Contingent consideration			—						—						(9.5)						(9.5)
			$	—					$	(0.3)					$	(9.5)					$	(9.8)

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

Below is a roll-forward of assets and liabilities measured at estimated fair value using Level 3 inputs during 2024 and 2023:

Roll-Forward of Fair Value Using Level 3 Inputs			Auction Rate Security - Other Assets						Contingent Consideration - Other Long-Term Liabilities
Balance as of February 25, 2022			$	2.6					$	4.9
Unrealized gain (loss) on investments			(0.5)						—
Foreign currency (gain) loss			—						(0.6)
Change in estimated fair value			—						5.2
Balance as of February 24, 2023			$	2.1					$	9.5
Unrealized gain (loss) on investment			0.7						—
Change in estimated fair value			—						(9.5)
Balance as of February 23, 2024			$	2.8					$	—

X

- Definition

Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)
-SubTopic 10
-Topic 820
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482106/820-10-50-2

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482106/820-10-50-3

+ Details

Name:	us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_FairValueDisclosuresAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482106/820-10-50-2

+ Details

Name:	us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration