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Stock-Based Compensation
 3 Months Ended
May. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock-Based Compensation
Share-Based Compensation
Total share-based compensation expense included in the results of operations was $1.0 million and $1.3 million for the three-month periods ended May 30, 2015 and May 31, 2014, respectively.

Stock Options and SARs
There were no options or SARs issued in the first three months of either fiscal 2016 or 2015. The following table summarizes the award transactions for the three months ended May 30, 2015: 
 
Options/SARs Outstanding
 
Number of
Shares
 
Weighted
Average
Exercise Price
 
Weighted
Average
Remaining
Contractual
Life
 
Aggregate
Intrinsic
Value
Outstanding at February 28, 2015
624,095

 
$
11.92

 
 
 
 
Awards exercised
(165,394
)
 
9.74

 
 
 
 
Awards canceled
—

 
—

 
 
 
 
Outstanding and exercisable at May 30, 2015
458,701

 
$
12.70

 
4.8 Years
 
$
18,820,316



Cash proceeds from the exercise of stock options were $1.3 million and $0.2 million for the three months ended May 30, 2015 and May 31, 2014, respectively. The aggregate intrinsic value of securities (the amount by which the stock price on the date of exercise exceeded the stock price of the award on the date of grant) exercised was $5.7 million during the three months ended May 30, 2015 and $0.4 million during the prior-year period.

Nonvested Shares and Share Units

The following table summarizes the nonvested share award transactions, including nonvested share units, for the three months ended May 30, 2015: 
 
Nonvested Shares and Units
 
Number of
Shares and
Units
 
Weighted
Average
Grant Date
Fair Value
Nonvested at February 28, 2015
400,708

 
$
23.49

Granted
89,178

 
53.43

Vested
(167,765
)
 
22.67

Canceled
(1,950
)
 
28.98

Nonvested at May 30, 2015
320,171

 
$
32.23


At May 30, 2015, there was $8.8 million of total unrecognized compensation cost related to nonvested share and nonvested share unit awards, which is expected to be recognized over a weighted average period of approximately 24 months. The total fair value of shares vested during the three-months ended May 30, 2015 was $8.6 million.