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Fair Value Measurements (Tables)
3 Months Ended
May. 29, 2015
Fair Value Disclosures [Abstract]  
Summary of Assets and Liabilities Measured at Fair Value as of Measurement Date

The following table summarizes the financial assets and liabilities measured at fair value as of May 29, 2015:

 

(In thousands)    May 29, 2015      Level 1      Level 2      Level 3  

Assets measured on a recurring basis:

           

Deferred compensation plan assets

   $ 12,484       $ 11,035       $ 1,449       $ —     

Investment in equity securities

     73,080         73,080         —           —     
  

 

 

    

 

 

    

 

 

    

 

 

 
$ 85,564    $ 84,115    $ 1,449    $ —     
  

 

 

    

 

 

    

 

 

    

 

 

 

Liabilities measured on a recurring basis:

Deferred compensation plan liabilities

$ 13,448    $ 11,035    $ 2,413    $ —     
  

 

 

    

 

 

    

 

 

    

 

 

 

The following table summarizes the assets and liabilities measured at fair value as of February 28, 2015:

 

(In thousands)    February 28, 2015      Level 1      Level 2      Level 3  

Assets measured on a recurring basis:

        

Deferred compensation plan assets

   $ 12,745       $ 10,997       $ 1,748       $ —     
  

 

 

    

 

 

    

 

 

    

 

 

 

Liabilities measured on a recurring basis:

Deferred compensation plan liabilities

$ 13,412    $ 10,997    $ 2,415    $ —     
  

 

 

    

 

 

    

 

 

    

 

 

 

The following table summarizes the assets and liabilities measured at fair value as of May 30, 2014:

 

(In thousands)    May 30, 2014      Level 1      Level 2      Level 3  

Assets measured on a recurring basis:

           

Deferred compensation plan assets

   $ 12,218       $ 10,243       $ 1,975       $ —     
  

 

 

    

 

 

    

 

 

    

 

 

 

Liabilities measured on a recurring basis:

Deferred compensation plan liabilities

$ 13,214    $ 10,243    $ 2,971    $ —