Note 10 - Discontinued Operations (Tables)

9 Months Ended

Nov. 25, 2018

Notes Tables

Disposal Groups, Including Discontinued Operations [Table Text Block]

	13 Weeks Ended (Unaudited)						39 Weeks Ended (Unaudited)
	November 25,			November 26,			November 25,		November 26,
	2018			2017			2018		2017
Net sales	$	16,680		$	15,910		$	55,232	$	53,082
Cost of sales		13,962			12,805			42,899		41,983
Gross profit		2,718			3,105			12,333		11,099
Selling, general and administrative expenses		2,597			2,098			7,643		6,213
Restructuring charges		836			662			1,593		5,300
Earnings (loss) from discontinued operations		(715	)		345			3,097		(414	)
Other income		2,945			-			2,945		-
Earnings (loss) from discontinued operations before income taxes		2,230			345			6,042		(414	)
Income tax provision (benefit)		617			(27	)		1,201		(1,769	)
Net earnings from discontinued operations	$	1,613		$	372		$	4,841	$	1,355

	November 25, 2018		February 25, 2018*
	(unaudited)
Carrying Amount of Major Classes of Assets Included as Part of Discontinued Operations:
Accounts Receivable, Net	$	12,261	$	12,801
Inventories		9,950		7,201
Fixed Assets, Net		6,041		6,727
Prepaid Expenses and Other Current Assets		899		646
Total Major Assets Included as Part of Discontinued Operations		29,151		27,375
Other Assets		5,368		5,072
Total Assets Included as Part of Discontinued Operations	$	34,519	$	32,447
Carrying Amount of Major Classes of Liabilities Included as Part of Discontinued Operations:
Accounts Payable	$	3,717	$	2,200
Accrued Liabilities		4,460		4,360
Deferred Income Taxes		618		618
Income Taxes Payable		1,334		1,364
Total Major Liabilities Included as Part of Discontinued Operations		10,129		8,542
Other Liabilities		229		229
Total Liabilities Included as Part of Discontinued Operations	$	10,358	$	8,771

Restructuring and Related Costs [Table Text Block]

	Accrual August 26, 2018		Current Period Charges		Cash Payments			Non-Cash Charges		Accrual November 25, 2018		Total Expense Accrued to Date		Total Expected Costs
Facility Lease Costs	$	1,835	$	18	$	(273	)	$	-	$	1,580	$	2,818	$	2,818
Severance Costs		-		-		-			-		-		1,081		1,081
Equipment Removal		-		-		-			-		-		-		700
Other		-		43		(43	)		-		-		760		901
Total Restructuring Charges	$	1,835	$	61	$	(316	)	$	-	$	1,580	$	4,659	$	5,500