XML 46 R23.htm IDEA: XBRL DOCUMENT v2.4.0.6
STOCK-BASED AWARDS (Tables)
6 Months Ended
Sep. 08, 2012
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.

 

     2013  

Dividend yield

     2.1%   

Volatility rate

     60.5 — 61.2%   

Risk-free interest rate

     0.6%   

Expected life

     4.5 —5.0 years   
2013 LTIP [Member]
 
Assumptions Related to Valuation of Company's LTIP/Stock Options

The assumptions related to the valuation of the Company’s 2013 LTIP consisted of the following:

 

     2013  

Dividend yield

     4.1%   

Volatility rate

     44.8 — 45.8%   

Risk-free interest rate

     0.4%   

Expected life

     3.0 years   
2012 LTIP [Member]
 
Assumptions Related to Valuation of Company's LTIP/Stock Options

The fair value used to determine compensation expense associated with the Company’s 2012 LTIP performance grant is calculated utilizing a Monte Carlo simulation. The assumptions related to the valuation of the Company’s 2012 LTIP consisted of the following:

 

     2013      2012  

Dividend yield

     —  %         4.2%   

Volatility rate

     76.7 — 79.1%         47.4 — 51.6%   

Risk-free interest rate

     0.2 — 1.2%         0.3 — 1.2%   

Expected life

     1.7 — 3.1 years         2.7 — 3.1 years