Fair Value (Tables)

6 Months Ended

Aug. 26, 2022

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

Assets and liabilities measured at fair value as of August 26, 2022 and February 25, 2022 are summarized below:

	August 26, 2022
Fair Value of Financial Instruments	Level 1		Level 2		Level 3		Total
Assets:
Cash and cash equivalents	$	52.2	$	—	$	—	$	52.2
Restricted cash	6.4		—		—		6.4
Foreign exchange forward contracts	—		1.8		—		1.8
Auction rate security	—		—		2.6		2.6
	$	58.6	$	1.8	$	2.6	$	63.0
Liabilities:
Foreign exchange forward contracts	$	—	$	(0.7)	$	—	$	(0.7)
	$	—	$	(0.7)	$	—	$	(0.7)
	February 25, 2022
Fair Value of Financial Instruments	Level 1		Level 2		Level 3		Total
Assets:
Cash and cash equivalents	$	200.9	$	—	$	—	$	200.9
Restricted cash	6.1		—		—		6.1
Foreign exchange forward contracts	—		1.0		—		1.0
Auction rate security	—		—		2.6		2.6
	$	207.0	$	1.0	$	2.6	$	210.6
Liabilities:
Foreign exchange forward contracts	$	—	$	(0.3)	$	—	$	(0.3)
	$	—	$	(0.3)	$	—	$	(0.3)

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation

Below is a roll-forward of assets and liabilities measured at fair value using Level 3 inputs for the six months ended August 26, 2022:

Roll-Forward of Fair Value Using Level 3 Inputs	Auction Rate Security
Balance as of February 25, 2022	$	2.6
Unrealized gain on investment	—
Balance as of August 26, 2022	$	2.6