XML 55 R35.htm IDEA: XBRL DOCUMENT v2.4.0.8
Stock-based compensation (Tables)
 12 Months Ended
Mar. 01, 2014
Stock-based compensation  
Summary of the Company's stock option activity

The following table summarizes the Company's stock option activity during fiscal 2013 and 2012:

 
   Fiscal Year  
 
   March 1, 2014   March 2, 2013  
 
   Shares   Weighted-
average
exercise
price
(per share)		   Weighted-
average
contractual
term
remaining
(years)		   Aggregate
intrinsic
value
(thousands)		   Shares   Weighted-
average
exercise
price
(per share)		   Weighted-
average
contractual
term
remaining
(years)		   Aggregate
intrinsic
value
(thousands)		  

Balance at beginning of year

     244,064   $ 17.01                 —     —              

Granted

     2,622,721   $ 18.00                 245,387   $ 17.01              

Exercised

     (18,338 ) $ 17.54                 —     —              

Forfeited

     (20,745 ) $ 17.81                 (1,323 ) $ 17.01              

Expired

     (210 ) $ 18.00                 —     —              
                                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Balance at end of year

     2,827,492   $ 17.92     9.56   $ 50,587     244,064   $ 17.01     9.31     —  
                                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Exercisable at end of year

     1,887,679   $ 17.88     9.50   $ 33,849     —     —     —     —  
Summary of the weighted-average grant date fair value of using the Black Scholes option pricing model

 

 

 
   Fiscal Year
 
   March 1,
2014		   March 2,
2013

Expected term

   5.7 years   6.5 years

Expected volatility

   48.28%   51.54%

Risk-free interest rate

   1.49%   1.01%

Dividend yield

   0%   0%