Stock-Based Awards(Tables)

4 Months Ended

Jun. 16, 2018

The amount of awards granted and the grant date fair values are as follows:



(in thousands, except per unit amounts)	Awards Issued	Grant Date Fair Value
Cash settled RSUs⁽¹⁾	637	$	16.53
RSUs⁽¹⁾	723	$	16.53
PSUs⁽²⁾	453	$	14.93


(1)	Cash settled RSUs and RSUs vest over a three-year period from the date of grant.


(2)	PSUs have fiscal 2019-2021 and fiscal 2019-2022 performance periods and settle in shares of our common stock.

performance share units assumptions [Table Text Block]

The grant date fair value used to determine compensation expense associated with the PSUs was calculated utilizing a Monte Carlo simulation. The weighted average assumptions used to determine the fair value of the PSUs as of the grant date are as follows:



	Fiscal 2019 Annual Grant
Dividend yield	—	%
Volatility rate	47.0	%
Risk-free interest rate	2.7	%
Expected life	3.8 years