Share-Based Compensation (Tables)

The weighted-average grant date fair values were determined using the following assumptions:



	2020 Awards
Three-year risk-free interest rate (1)	2.3	%
Expected term	3 years
Estimated volatility (2)	32.5	%

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Based on the U.S. government bond benchmark on the grant date.

Represents the historical price volatility of the Company’s common stock for the three-year period preceding the grant date.

The total PSU expense and associated tax benefit for all outstanding awards for the three months ended May 24, 2019 and May 25, 2018 are as follows:

The PSU activity for the three months ended May 24, 2019 is as follows:



Maximum Number of Shares That May Be Issued Under Nonvested Units	Total	Weighted-Average Grant Date Fair Value per Unit
Nonvested as of February 22, 2019	676,800	$	18.50
Granted	237,282	16.21
Nonvested as of May 24, 2019	914,082	$	18.93

The RSU expense and associated tax benefit for all outstanding awards for the three months ended May 24, 2019 and May 25, 2018 are as follows:

The RSU activity for the three months ended May 24, 2019 is as follows:



Nonvested Units	Total		Weighted-Average Grant Date Fair Value per Unit
Nonvested as of February 22, 2019	1,721,896		$	15.39
Granted	722,209		15.51
Vested	(1,000	)	14.56
Forfeited	(13,786	)	15.00
Nonvested as of May 24, 2019	2,429,319		$	15.43