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Inventory
12 Months Ended
Mar. 01, 2014
Inventory  
Inventory

7. Inventory

        At March 1, 2014 and March 2, 2013, inventories were $1,018,581 and $915,241, respectively, lower than the amounts that would have been reported using the first-in, first-out ("FIFO") cost flow assumption. The Company calculates its FIFO inventory valuation using the retail method for store inventories and the cost method for distribution facility inventories. The Company recorded a LIFO charge for fiscal year 2014 of $104,142, compared to a LIFO credit of $147,882 for fiscal year 2013 and a LIFO charge of $188,722 for fiscal year 2012. During fiscal 2014, 2013 and 2012, a reduction in inventories related to working capital initiatives resulted in the liquidation of applicable LIFO inventory quantities carried at lower costs in prior years. This LIFO liquidation resulted in a $13,894, $4,316 and $11,004 cost of sales decrease, with a corresponding reduction to the adjustment to LIFO for fiscal 2014, fiscal 2013 and fiscal 2012, respectively.