Stock-Based Compensation (Tables)

3 Months Ended

Aug. 24, 2014

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

The weighted-average fair value of non-qualified stock options and the related assumptions used in the Black-Scholes option pricing model were as follows:



	Stock Options Granted
	Three Months Ended
	August 24, 2014			August 25, 2013
Weighted-average fair value	$	10.35		$	12.07
Dividend yield	4.5		%	4.4		%
Expected volatility of stock	37.3		%	39.6		%
Risk-free interest rate	2.1		%	1.9		%
Expected option life (in years)	6.5			6.4

Summary Of Darden Stock Unit Activity

The following table presents a summary of our stock-based compensation activity for the three months ended August 24, 2014:



(in millions)	Stock Options		Restricted Stock/ Restricted Stock Units	Darden Stock Units		Performance Stock Units
Outstanding beginning of period	11.2		0.2	2.1		0.3
Awards granted	1.0		—	0.5		0.1
Awards exercised	(0.2	)	—	(0.4	)	(0.1	)
Awards forfeited	(0.2	)	—	(0.6	)	(0.2	)
Performance unit adjustment	—		—	—		0.4
Outstanding end of period	11.8		0.2	1.6		0.5

Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan

We recognized expense from stock-based compensation as follows:



	Three Months Ended
(in millions)	August 24, 2014		August 25, 2013
Stock options	$	3.2	$	4.2
Restricted stock/restricted stock units	0.4		0.4
Darden stock units	1.3		1.8
Performance stock units	0.9		1.8
Employee stock purchase plan	0.4		0.5
Total stock-based compensation expense	$	6.2	$	8.7