Revenue, Receivables and Contract Assets and Liabilities (Tables)

3 Months Ended

May 30, 2020

Revenue from Contract with Customer [Abstract]

Disaggregated revenue data

The following table disaggregates total revenue by timing of recognition (see Note 12 for disclosure of revenue by segment):

	Three Months Ended
(In thousands)	May 30, 2020		June 1, 2019
Recognized at shipment	$	116,163	$	155,265
Recognized over time	172,932		200,100
Total	$	289,095	$	355,365

Net receivables

(In thousands)	May 30, 2020			February 29, 2020
Trade accounts	$	122,092		$	141,126
Construction contracts	12,630			20,808
Contract retainage	23,778			37,341
Total receivables	158,500			199,275
Less: allowance for credit losses	(2,196		)	(2,469		)
Net receivables	$	156,304		$	196,806

Allowance for Credit Losses

The following table summarizes the activity in the allowance for credit losses:

(In thousands)	May 30, 2020
Beginning balance	$	2,469
Additions charged to costs and expenses	69
Deductions from allowance, net of recoveries	(274		)
Other changes (1)	(68		)
Ending balance	$	2,196
(1) Result of foreign currency effects

Contract assets and liabilities

(In thousands)	May 30, 2020		February 29, 2020
Contract assets	$	89,757	$	110,923
Contract liabilities	18,209		35,954

Performance obligations expected to be satisfied

The performance obligations are expected to be satisfied, and the corresponding revenue to be recognized, over the following estimated time periods:

(In thousands)	May 30, 2020
Within one year	$	434,077
Within two years	417,457
Beyond	144,325
Total	$	995,859