XML 29 R2.htm IDEA: XBRL DOCUMENT v2.3.0.15
Consolidated Condensed Balance Sheets (USD $)
In Thousands
Aug. 27, 2011
Feb. 26, 2011
Aug. 28, 2010
CURRENT ASSETS   
Cash and cash equivalents$ 2,412$ 2,298[1]$ 2,885
Receivables2,4522,619[1]3,112
Merchandise inventories65,44276,595[1]99,429
Deferred income taxes9,1809,180[1]5,912
Assets held for sale 1,900[1]8,618
Prepaid expenses and other current assets3,7857,345[1]8,290
TOTAL CURRENT ASSETS83,27199,937[1]128,246
PROPERTY AND EQUIPMENT - Net101,114117,200[1]119,309
DEFERRED INCOME TAXES43,70437,086[1]25,972
BUILDING AND AIR RIGHTS9,1349,134[1]9,134
OTHER ASSETS7,4457,417[1]7,403
TOTAL ASSETS244,668270,774[1]290,064
CURRENT LIABILITIES:   
Accounts payable32,30341,701[1]59,382
Accrued expenses22,66921,114[1]12,066
Obligations to customers5,4985,559[1]5,280
TOTAL CURRENT LIABILITIES60,47068,374[1]76,728
LONG TERM DEBT20,32730,192[1]25,951
OTHER LONG TERM LIABILITIES12,96011,229[1]5,299
SHAREHOLDERS EQUITY   
Preferred stock, par value $100 per share. Authorized 1,000 shares; none outstanding. Common stock, par value $0.05 per share. Authorized 30,000 shares; 14,448 shares outstanding (net of 4,448 in treasury shares) on August 27, 2011, February 26, 2011 and August 28, 2010800800[1]800
Additional paid-in capital21,60521,605[1]21,605
Treasury stock(47,110)(47,110)[1](47,110)
Accumulated other comprehensive loss(1,476)(1,480)[1](1,491)
Retained earnings177,092187,164[1]208,282
TOTAL SHAREHOLDERS' EQUITY150,911160,979[1]182,086
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY$ 244,668$ 270,774[1]$ 290,064
[1]The balance sheet at February 26, 2011 has been derived from the audited financial statements at that date but does not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements.