Note 4 - Income Taxes (Tables)

12 Months Ended

Feb. 25, 2018

Notes Tables

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

	Fiscal Year
	2018			2017			2016
Current:
Federal	$	21,568		$	(532	)	$	10,118
State and local		219			(40	)		(120	)
Foreign		808			3,083			3,883
		22,595			2,511			13,881
Deferred:
Federal		(42,054	)		(369	)		(11,273	)
State and local		(52	)		(590	)		(205	)
Foreign		46			(574	)		66
		(42,060	)		(1,533	)		(11,412	)
	$	(19,465	)	$	978		$	2,469

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

	Fiscal Year
	2018			2017			2016
United States	$	(8,164	)	$	(4,742	)	$	(3,331	)
Foreign		9,294			15,003			23,829
Earnings before income taxes	$	1,130		$	10,261		$	20,498

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	Fiscal Year
	2018			2017			2016
Statutory U.S. Federal tax rate		32.9	%		34.0	%		35.0	%
State and local taxes, net of Federal benefit		(13.3	%)		2.4	%		1.2	%
Foreign tax rate differentials		(131.8	%)		(24.4	%)		(21.0	%)
Valuation allowance on deferred tax assets		2.8	%		(5.3	%)		(0.2	%)
Adjustment on tax accruals		17.2	%		6.8	%		3.3	%
FIN 48 change		(44.1	%)		-			-
Foreign tax credits		(31.4	%)		(3.3	%)		(1.1	%)
U.S. Tax Reform		(1,633.4	%)		-			-
Deferred tax liability on undistributed foreign earnings		-			(3.4	%)		(4.5	%)
Subpart F		77.2	%		-			-
Permanent differences and other		1.3	%		2.7	%		(0.7	%)
		(1,722.6	%)		9.5	%		12.0	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

	February 25,			February 26,
	2018			2017
Deferred tax assets:
Depreciation and amortization	$	2,323		$	3,740
Net operating loss carryforwards		10,809			11,049
Tax credits carryforward		360			677
Stock options		1,269			1,865
Other, net		671			282
		15,432			17,613
Valuation allowance on deferred tax assets		(10,602	)		(10,571	)
Total deferred tax assets, net of valuation allowance		4,830			7,042
Deferred tax liabilities:
Depreciation		(619	)		(572	)
Undistributed earnings		(3,200	)		(47,509	)
Other		(771	)		(781	)
Total deferred tax liabilities		(4,590	)		(48,862	)
Net deferred tax asset (liability)	$	240		$	(41,820	)

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

	Unrecognized Tax Benefits
	February 25,			February 26,			February 28,
	2018			2017			2016
Balance, beginning of year	$	1,024		$	1,255		$	1,135
Gross decreases-tax positions in prior period		(688	)		(293	)		-
Gross increases-current period tax positions		320			274			271
Audit settlements		-			(42	)		(57	)
Lapse of statute of limitations		(155	)		(170	)		(94	)
Balance, end of year	$	501		$	1,024		$	1,255

Summary of Income Tax Examinations [Table Text Block]

U.S. Federal	2014-2018
California	2015-2018
New York	2016-2018
France	2015-2018
Singapore	2014-2018