Income Taxes (Tables)

12 Months Ended

Feb. 27, 2016

Income Taxes

Schedule of provision for income tax (benefit) expense

	Year Ended
	February 27, 2016 (52 Weeks)			February 28, 2015 (52 Weeks)			March 1, 2014 (52 Weeks)
Current tax:
Federal	$	(52	)	$	—		$	—
State		9,396			6,011			4,748
		9,344			6,011			4,748
Deferred tax and other:
Federal		117,200			(1,544,344	)		—
State		(13,605	)		(144,020	)		(30,609	)
Tax expense recorded as an increase of additional paid-in-capital		—			—			26,665
		103,595			(1,688,364	)		(3,944	)
Total income tax (benefit) expense	$	112,939		$	(1,682,353	)	$	804

Schedule of reconciliation of the expected statutory federal tax and the total income tax (benefit) expense

	Year Ended
	February 27, 2016 (52 Weeks)			February 28, 2015 (52 Weeks)			March 1, 2014 (52 Weeks)
Federal statutory rate		35.0	%		35.0	%		35.0	%
Nondeductible expenses		2.3			0.2			0.3
State income taxes, net		8.6			2.7			17.7
Decrease of previously recorded liabilities		—			(0.9	)		(8.4	)
Nondeductible compensation		2.2			1.2			17.7
Acquisition Costs		2.4			—			—
Release of indemnification asset		—			—			2.4
Valuation allowance		(9.5	)		(431.4	)		(64.4	)
Other		(0.4	)		(1.0	)		—
Total income tax expense (benefit)		40.6	%		(394.2	)%		0.3	%

Schedule of significant components of deferred tax assets and liabilities

	2016			2015
Deferred tax assets:
Accounts receivable	$	72,883		$	68,582
Accrued expenses		198,636			207,553
Liability for lease exit costs		81,704			98,906
Pension, retirement and other benefits		182,394			175,081
Long-lived assets		487,944			475,187
Other		6,203			5,232
Credits		64,382			63,826
Net operating losses		1,182,440			1,300,964
Total gross deferred tax assets		2,276,586			2,395,331
Valuation allowance		(212,023	)		(231,679	)
Total deferred tax assets		2,064,563			2,163,652
Deferred tax liabilities:
Outside basis difference		108,860			—
Inventory		416,562			437,165
Total gross deferred tax liabilities		525,422			437,165
Net deferred tax assets	$	1,539,141		$	1,726,487

Schedule of reconciliation of the beginning and ending amount of unrecognized tax benefits

	2016			2015			2014
Unrecognized tax benefits	$	9,514		$	10,143		$	30,020
Increases to prior year tax positions		1,667			1,003			—
Decreases to tax positions in prior periods		(577	)		(984	)		(3,215	)
Increases to current year tax positions		72			123			—
Settlements		—			(681	)		—
Lapse of statute of limitations		—			(90	)		(16,662	)
Unrecognized tax benefits balance	$	10,676		$	9,514		$	10,143