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Compensation Related Costs, Share Based Payments (Tables)
12 Months Ended
Feb. 23, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Share Based Payment Award Outstanding Awards [Table Text Block]
Share-based awards outstanding under the Incentive Compensation Plan as of February 23, 2024 are as follows:
Total Outstanding AwardsFebruary 23,
2024
Performance units (1)1,299,988 
Restricted stock units3,151,634 
Total outstanding awards4,451,622 
________________________
(1)This amount represents the maximum number of shares that may be issued under outstanding performance unit awards; however, the actual number of shares which may be issued will be determined based on the satisfaction of certain conditions, and therefore may be significantly lower.
Schedule Of Share Based Payment Award Performance Units Valuation Assumptions [Table Text Block] The Monte Carlo simulation was computed using the following assumptions:
2024 PSUs2023 PSUs2022 PSUs
Tranche 1Tranche 2Tranche 1Tranche 3Tranche 2Tranche 1
Risk-free interest rate (1)3.7 %4.0 %2.6 %4.7 %2.3 %0.3 %
Expected term3 years2 years3 years1 year2 years3 years
Estimated volatility (2)44.1 %37.8 %52.2 %45.5 %43.8 %53.5 %
________________________
(1)Based on the U.S. Government bond benchmark on the grant date.
(2)Represents the historical price volatility of our Class A Common Stock for the period prior to the grant date which is equivalent to the expected term of the tranche.
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value [Table Text Block]
The Monte Carlo simulation resulted in the following weighted-average grant date fair values per PSU with market conditions:
Grant Date Fair Value per PSUYear Ended
February 23,
2024
February 24,
2023
February 25,
2022
Weighted-average grant date fair value per share of PSUs granted under Monte Carlo$8.30 $11.13 $14.38 
The weighted-average grant date fair value per share of RSUs granted in 2024, 2023 and 2022 is as follows:
Grant Date Fair Value per ShareYear Ended
February 23,
2024
February 24,
2023
February 25,
2022
Weighted-average grant date fair value per share of RSUs granted$8.36 $10.63 $13.08 
Share-based Payment Arrangement, Cost by Plan [Table Text Block]
The total PSU expense and associated tax benefit recorded in 2024, 2023 and 2022 are as follows:
Performance UnitsYear Ended
February 23,
2024
February 24,
2023
February 25,
2022
Expense$6.7 $3.2 $1.6 
Tax benefit1.7 0.8 0.4 
The total RSU expense and associated tax benefit recorded in 2024, 2023 and 2022 are as follows:
Restricted Stock UnitsYear Ended
February 23,
2024
February 24,
2023
February 25,
2022
Expense$18.2 $17.6 $13.7 
Tax benefit4.5 4.4 3.5 
Schedule Of Share Based Compensation Performance Units Award Activity [Table Text Block]
The 2024 PSU activity is as follows:
Maximum Number of Shares of Nonvested UnitsTotalWeighted-Average
Grant Date
Fair Value per Unit
Nonvested as of February 24, 20231,060,231 $13.11 
Granted1,315,664 8.30 
Vested(378,811)9.45 
Performance adjustments (1)(697,096)12.73 
Nonvested as of February 23, 20241,299,988 $9.51 
________________________
(1)This amount represents the difference between the maximum number of shares that could have been issued for the 2022 PSUs and the number of shares actually earned based on final performance, as modified.
Share-based Payment Arrangement, Restricted Stock Unit, Activity [Table Text Block] The 2024 RSU activity is as follows:
Nonvested UnitsTotalWeighted-Average
Grant Date
Fair Value
per Share
Nonvested as of February 24, 20233,293,268 $12.11 
Granted1,786,505 8.36 
Vested(1,859,559)12.83 
Forfeited(68,580)10.51 
Nonvested as of February 23, 20243,151,634 $9.59