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Employee Benefit Plans (Tables)
12 Months Ended
Mar. 02, 2013
Compensation and Retirement Disclosure [Abstract]  
Schedule of Defined Benefit Plans Disclosures
The following tables present reconciliations of the benefit obligation of the defined-benefit pension plans and the funded status of the defined-benefit pension plans. Both the Tubelite plan and the SERP use a fiscal year-end measurement date.
(In thousands)
2013
 
2012
Change in benefit obligation
 
 
 
Benefit obligation beginning of period
$
14,774

 
$
12,778

Interest cost
570

 
654

Actuarial loss
539

 
2,221

Benefits paid
(1,014
)
 
(879
)
Benefit obligation at measurement date
$
14,869

 
$
14,774

 
 
 
 
Change in plan assets
 
 
 
Fair value of plan assets beginning of period
$
4,572

 
$
4,549

Actual return on plan assets
242

 
224

Company contributions
909

 
678

Benefits paid
(1,014
)
 
(879
)
Fair value of plan assets at measurement date
$
4,709

 
$
4,572

 
 
 
 
Funded status - net amount recognized
$
(10,160
)
 
$
(10,202
)
Schedule of Amounts Recognized in Balance Sheet
Amounts recognized in the consolidated balance sheets consist of:
(In thousands)
2013
 
2012
Current liabilities
$
(640
)
 
$
(1,001
)
Other non-current liabilities
(9,520
)
 
(9,201
)
Total
$
(10,160
)
 
$
(10,202
)
Schedule of Amounts in Accumulated Other Comprehensive Income (Loss) to be Recognized as Components of Net Periodic Benefit Cost
Amounts included in accumulated other comprehensive loss that have not yet been recognized as components of net periodic benefit cost consist of:
(In thousands)
2013
 
2012
Net actuarial loss
$
4,598

 
$
4,335

Accumulated other comprehensive loss
$
4,598

 
$
4,335

Schedule of Amounts Recognized in Comprehensive Earnings
The amount recognized in comprehensive earnings for fiscal 2013 and 2012, net of tax expense, is as follows:
(In thousands)
2013
 
2012
Net actuarial loss
$
168

 
$
1,331

Total
$
168

 
$
1,331

Schedule of Net Benefit Costs
Components of the defined-benefit pension plans net periodic benefit cost are as follows:
(In thousands)
 
2013
 
2012
 
2011
Interest cost
 
$
570

 
$
654

 
$
665

Expected return on assets
 
(177
)
 
(214
)
 
(225
)
Amortization of unrecognized net loss
 
211

 
120

 
126

Net periodic benefit cost
 
$
604

 
$
560

 
$
566

Schedule of Assumptions Used
Weighted-average assumptions used at the measurement date to determine the defined-benefit plans' benefit obligation for the following fiscal years are as follows:
(Percentages)
2013
 
2012
 
2011
Discount rate
3.75
%
 
4.00
%
 
5.25
%

Weighted-average assumptions used at the measurement date to determine the defined-benefit plans' net periodic benefit cost for the following fiscal years are as follows:
(Percentages)
2013
 
2012
 
2011
Discount rate
4.00
%
 
5.25
%
 
5.75
%
Expected return on assets
4.50
%
 
5.50
%
 
5.50
%
Schedule of Expected Benefit Payments
The following benefit payments, which reflect expected future service, as appropriate, are expected to be paid by the plans as follows:
(In thousands)
 
Fiscal 2014
$
1,010

Fiscal 2015
996

Fiscal 2016
981

Fiscal 2017
976

Fiscal 2018
959

Fiscal 2019-2023
4,657