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UNAUDITED SELECTED QUARTERLY FINANCIAL DATA
12 Months Ended
Mar. 02, 2013
Selected Quarterly Financial Information [Abstract]  
UNAUDITED SELECTED QUARTERLY FINANCIAL DATA

NOTE 11 - UNAUDITED SELECTED QUARTERLY FINANCIAL DATA

 

    First     Second     Third     Fourth (1)  
    (in thousands, except pre share amounts)  
                         
Thirty Five Weeks Ended October 29, 2011:                                
Net sales   $ 105,355     $ 86,319     $ 66,540        N/A  
Gross profit   $ 44,642     $ 31,800     $ 23,743        N/A  
Net loss (2)   $ 1,474     $ (11,546 )   $ (65,955 )      N/A  
Net loss per share - basic and diluted   $ 0.10     $ (0.80 )   $ (4.57 )      N/A  
                                 
Year Ended February 26, 2011:                                
Net sales   $ 121,445     $ 102,073     $ 120,739     $ 100,876  
Gross profit   $ 53,743     $ 37,123     $ 51,345     $ 31,581  
Net loss (3) (4) (5)   $ (809 )   $ (10,930 )   $ (3,315 )   $ (17,803 )
Net loss per share - basic and diluted   $ (0.06 )   $ (0.76 )   $ (0.23 )   $ (1.23 )

 

(1)  Adopted liquidation basis of accounting on October 30, 2011 and therefore not applicable ("N/A").

(2)  Includes write off of deferred tax assets of $46,266 in the third quarter.

(3)  Includes loss on disposition of assets of $504 in the third quarter of 2010.

(4)  Includes asset impairment charge of $1,721 and $2,534 in the third and fourth quarters, respectively.

(5)  Includes restructuring charges of $831, $471, $831, and $7,173 in the first, second, third and fourth quarters, respectively.