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STOCK-BASED AWARDS (Tables)
12 Months Ended
Feb. 24, 2018
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 28, 2015
2,983

 
$
69.92

 
6.55
 
$
61,073

Granted
790

 
52.11

 
 
 
 
Exercised
(246
)
 
40.90

 
 
 
 
Canceled and forfeited
(477
)
 
174.62

 
 
 
 
Outstanding, February 27, 2016
3,050

 
$
51.56

 
5.93
 
$
6,827

Granted
137

 
39.48

 
 
 
 
Exercised
(249
)
 
25.58

 
 
 
 
Canceled and forfeited
(712
)
 
68.14

 
 
 
 
Outstanding, February 25, 2017
2,226

 
$
48.38

 
5.99
 
$
2,161

Granted
36

 
29.19

 
 
 
 
Exercised
(10
)
 
15.96

 
 
 
 
Canceled and forfeited
(542
)
 
60.75

 
 
 
 
Outstanding, February 24, 2018
1,710

 
$
44.15

 
5.55
 
$

Vested and expected to vest in the future as of February 24, 2018
1,690

 
$
44.28

 
5.52
 
$

Exercisable, February 24, 2018
1,487

 
$
44.54

 
5.20
 
$

Assumptions Related to Valuation of Company's LTIP/Stock Options
We estimated the fair value of each option on the date of grant using the Black Scholes option pricing mode, based upon the following assumptions:
 
2018
 
2017
 
2016
Dividend yield
%
 
%
 
%
Volatility rate
53.7
%
 
54.2
%
 
49.0 – 56.5%

Risk-free interest rate
1.8
%
 
1.3
%
 
1.2 – 1.4%

Expected option life
5.0 years

 
5.0 years

 
5.0 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 28, 2015
293

 
76

 
77.14

Granted
9

 
334

 
61.15

Lapsed
(106
)
 
(65
)
 
47.77

Canceled and forfeited
(18
)
 
(34
)
 
61.53

Outstanding, February 27, 2016
178

 
311

 
60.74

Granted
653

 
1

 
39.48

Lapsed
(119
)
 
(108
)
 
60.11

Canceled and forfeited
(190
)
 
(78
)
 
61.53

Outstanding, February 25, 2017
522

 
126

 
$
60.48

Granted
881

 

 

Lapsed
(225
)
 
(61
)
 
60.57

Canceled and forfeited
(166
)
 
(18
)
 
59.06

Outstanding, February 24, 2018
1,012

 
47

 
$
60.86


(1) Weighted average grant date fair value is only used for restricted stock awards.
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Method Used
 
2018
 
2017
Dividend yield
%
 
%
Volatility rate
44.3
%
 
41.3
%
Risk-free interest rate
1.41
%
 
0.9
%
Expected PSU life
2.8 years

 
2.8 years

Share-based Compensation, Performance Shares Award Outstanding Activity [Table Text Block]
Performance share unit activity consisted of the following:
 
Performance Share Units
(In thousands)
 
Weighted Average Grant Date Fair Value
Outstanding, February 27, 2016


$

Granted
201

 
45.17

Lapsed

 

Canceled and forfeited
(29
)
 
45.17

Outstanding, February 25, 2017
172

 
$
45.17

Granted
178

 
35.18

Lapsed

 

Canceled and forfeited
(80
)
 
37.44

Outstanding, February 24, 2018
270

 
$
40.75

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:
 
2018
 
2017
 
2016
Stock-based compensation
$
19

 
$
17

 
$
21

Income tax benefits
(7
)
 
(7
)
 
(8
)
Stock-based compensation, net of tax
$
12

 
$
10

 
$
13