XML 69 R50.htm IDEA: XBRL DOCUMENT
v3.25.1

Compensation Related Costs, Share Based Payments (Tables) | 12 Months Ended
--- | ---
Feb. 28, 2025
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 28, 2025 are as follows:
Total Outstanding Awards | February 28, 2025
Performance units (1) | 2,104,516 |  |
Restricted stock units | 3,048,957 |  |
Total outstanding awards | 5,153,473 |  |
________________________ (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] |
| 2025 PSUs | 2024 PSUs | 2023 PSUs
Tranche 2 | Tranche 1 | Tranche 3 | Tranche 2 | Tranche 1
Risk-free interest rate (1) | 4.7 | % |  | 4.9 | % |  | 3.7 | % |  | 5.2 | % |  | 4.0 | % |  | 2.6 | % |
Expected term | 3 years |  | 2 years |  | 3 years |  | 1 year |  | 2 years |  | 3 years |
Estimated volatility (2) | 38.5 | % |  | 42.4 | % |  | 44.1 | % |  | 38.9 | % |  | 37.8 | % |  | 52.2 | % |
________________________ (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 or award.
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value [Table Text Block] | :
Grant Date Fair Value per PSU | Year Ended
February 28, 2025 | February 23, 2024 | February 24, 2023
Weighted-average grant date fair value per share of PSUs granted | $ | 13.27 |  |  | $ | 8.30 |  |  | $ | 11.13 |  |
The weighted-average grant date fair value per share of RSUs granted in 2025, 2024 and 2023 are as follows:
Grant Date Fair Value per Share | Year Ended
February 28, 2025 | February 23, 2024 | February 24, 2023
Weighted-average grant date fair value per share of RSUs granted | $ | 12.32 |  |  | $ | 8.36 |  |  | $ | 10.63 |  |
Share-based Payment Arrangement, Cost by Plan [Table Text Block] | The total PSU expense and associated tax benefit recorded in 2025, 2024 and 2023 are as follows:
Performance Units | Year Ended
February 28, 2025 | February 23, 2024 | February 24, 2023
Expense | $ | 10.1 |  |  | $ | 6.7 |  |  | $ | 3.2 |  |
Tax benefit | 2.5 |  |  | 1.7 |  |  | 0.8 |  |
The total RSU expense and associated tax benefit recorded in 2025, 2024 and 2023 are as follows:
Restricted Stock Units | Year Ended
February 28, 2025 | February 23, 2024 | February 24, 2023
Expense | $ | 13.4 |  |  | $ | 18.2 |  |  | $ | 17.6 |  |
Tax benefit | 3.3 |  |  | 4.5 |  |  | 4.4 |  |
Schedule Of Share Based Compensation Performance Units Award Activity [Table Text Block] | The 2025 PSU activity is as follows:
Maximum Number of Shares of Nonvested Units | Total | Weighted-Average Grant Date Fair Value per Unit
Nonvested as of February 23, 2024 | 1,299,988 |  |  | $ | 9.51 |  |
Granted | 1,887,648 |  |  | 13.27 |  |
Vested | (456,578) |  |  | 10.77 |  |
Forfeited | (105,600) |  |  | 11.20 |  |
Performance adjustments (1) | (520,942) |  |  | 12.17 |  |
Nonvested as of February 28, 2025 | 2,104,516 |  |  | $ | 11.84 |  |
________________________ (1)This amount represents the difference between the maximum number of shares that could have been issued for the 2023 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 2025 RSU activity is as follows:
Nonvested Units | Total | Weighted-Average Grant Date Fair Value per Share
Nonvested as of February 23, 2024 | 3,151,634 |  |  | $ | 9.59 |  |
Granted | 1,186,304 |  |  | 12.32 |  |
Vested | (1,202,796) |  |  | 11.64 |  |
Forfeited | (86,185) |  |  | 9.58 |  |
Nonvested as of February 28, 2025 | 3,048,957 |  |  | $ | 9.85 |  |

X
- Definition Tabular disclosure of the amount of shares, units or options outstanding under a share-based compensation awards program. + References No definition available. + Details
Name: | scs_ScheduleOfShareBasedPaymentAwardOutstandingAwardsTableTextBlock
Namespace Prefix: | scs_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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. + References No definition available. + Details
Name: | scs_ScheduleofsharebasedcompensationperformanceunitsawardactivitytabletextblockTableTextBlock
Namespace Prefix: | scs_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of performance units, including, but not limited to: (a) expected term of performance units, (b) expected volatility of the entity's shares and (c) risk-free rate(s). + References No definition available. + Details
Name: | scs_ScheduleofsharebasedpaymentawardperformanceunitsvaluationassumptionsTableTextBlock
Namespace Prefix: | scs_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of cost recognized for award under share-based payment arrangement by plan. Includes, but is not limited to, related tax benefit. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition 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 Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the weighted-average grant-date fair value of equity options or other equity instruments granted during the year. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration