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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Feb. 25, 2018
Feb. 26, 2017
Feb. 28, 2016
Cash flows from operating activities:      
Net earnings $ 20,595 $ 9,283 $ 18,029
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation and amortization 3,021 3,106 3,369
Stock-based compensation 1,445 1,214 1,535
Provision for deferred income taxes (42,060) (1,533) (11,412)
Amortization of bond premium 287 434 886
Loss on sale of marketable securities 1,342
Gain/(loss) on sale of fixed assets 2 (31)
Non-cash restructuring 2,238
Accounts receivable (2,373) 5,312 (1,152)
Inventories 49 (916) 4,225
Prepaid expenses and other current assets 251 (422) (131)
Other assets and liabilities (1,041) (229) 620
Accounts payable (204) (1,964) (727)
Accrued liabilities (373) (1,198) (65)
Income taxes payable 20,162 80 (1,198)
Net cash provided by operating activities 3,341 13,167 13,948
Cash flows from investing activities:      
Purchase of property, plant and equipment (886) (242) (398)
Proceeds from sales of property, plant and equipment 2,057
Purchases of marketable securities (164,099) (72,827) (105,998)
Proceeds from sales and maturities of marketable securities 207,034 75,547 96,322
Net cash provided by (used in) investing activities 42,049 2,478 (8,017)
Cash flows from financing activities:      
Dividends paid (68,806) (8,093) (8,155)
Decrease (increase) in restricted cash 10,000 (10,000)
Proceeds from exercise of stock options 96 44
Proceeds from long-term debt 75,000
Payments of long-term debt (72,000) (3,000) (94,000)
Payments for debt issuance costs (196)
Purchase of treasury stock (12,188)
Net cash used in financing activities (130,710) (11,093) (49,495)
(Decrease) increase in cash and cash equivalents before effect of exchange rate changes (85,320) 4,552 (43,564)
Effect of exchange rate changes on cash and cash equivalents 1,136 129 (217)
(Decrease) increase in cash and cash equivalents (84,184) 4,681 (43,781)
Cash and cash equivalents, beginning of year 102,438 97,757 141,538
Cash and cash equivalents, end of year $ 18,254 $ 102,438 $ 97,757