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STOCK-BASED AWARDS (Tables)
 12 Months Ended
Feb. 27, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock Options Granted, Exercised and Outstanding
Stock options granted, exercised and outstanding consisted of the following:
 
Shares Under Option
(In thousands)
 
Weighted Average Exercise Price
 
Weighted Average Remaining Contractual Term
(In years)
 
Aggregate Intrinsic Value
(In thousands)
Outstanding, February 23, 2013
22,246

 
$
19.20

 
4.63
 
$
10,402

Granted
10,083

 
6.58

 
 
 
 
Exercised
(3,121
)
 
2.29

 
 
 
 
Canceled and forfeited
(5,873
)
 
23.70

 
 
 
 
Outstanding, February 22, 2014
23,335

 
14.87

 
5.41
 
$
15,982

Granted
5,022

 
7.54

 
 
 
 
Exercised
(1,944
)
 
3.71

 
 
 
 
Canceled and forfeited
(5,533
)
 
30.68

 
 
 
 
Outstanding, February 28, 2015
20,880

 
9.98

 
6.55
 
$
61,073

Granted
5,531

 
7.44

 
 
 
 
Exercised
(1,723
)
 
5.84

 
 
 
 
Canceled and forfeited
(3,336
)
 
24.94

 
 
 
 
Outstanding, February 27, 2016
21,352

 
$
7.37

 
5.93
 
$
6,827

Vested and expected to vest in the future as of February 27, 2016
20,089

 
$
7.39

 
5.77
 
$
6,558

Exercisable as of February 27, 2016
10,888

 
$
7.48

 
4.28
 
$
5,722
Assumptions Related to Valuation of Company's LTIP/Stock Options
The Company used the Black Scholes option pricing model to estimate the fair value of the options at grant date based upon the following assumptions:
 
2016
 
2015
 
2014
Dividend yield
—
%
 
—
%
 
—
%
Volatility rate
49.0 – 56.5%

 
50.8 – 53.2%

 
49.3 – 51.3%

Risk-free interest rate
1.2 – 1.4%

 
1.2 – 1.6%

 
0.6 – 1.0%

Expected option life
4.0 – 4.0 years

 
4.0 – 5.0 years

 
4.0 – 6.0 years
Restricted Stock Awards Activities
Restricted stock awards and restricted stock unit activity consisted of the following:
 
Restricted Stock Units
(In thousands)
 
Restricted Stock Awards
(In thousands)
 
Weighted Average Grant Date Fair Value(1)
Outstanding, February 23, 2013
972

 
1,443

 
$
7.83

Granted
296

 
491

 
6.98

Lapsed
(1,268
)
 
(967
)
 
6.23

Canceled and forfeited
—

 
(30
)
 
6.08

Outstanding, February 22, 2014
—

 
937

 
9.09

Granted
2,274

 
18

 
7.11

Lapsed
(133
)
 
(417
)
 
6.54

Canceled and forfeited
(90
)
 
(2
)
 
6.09

Outstanding, February 28, 2015
2,051

 
536

 
11.02

Granted
65

 
2,339

 
8.74

Lapsed
(742
)
 
(456
)
 
6.82

Canceled and forfeited
(125
)
 
(239
)
 
8.79

Outstanding, February 27, 2016
1,249

 
2,180

 
$
8.68


(1) Weighted average grant date fair value is only used for restricted stock awards.
Components of Pre-Tax Stock-Based Compensation Expense and Related Tax Benefits
The components of pre-tax stock-based compensation expense are included primarily in Selling and administrative expenses in the Consolidated Statements of Operations. The expense recognized and related tax benefits were as follows:
 
2016
 
2015
 
2014
Stock-based compensation
$
25

 
$
23

 
$
22

Income tax benefits
(10
)
 
(9
)
 
(8
)
Stock-based compensation, net of tax
$
15

 
$
14

 
$
14