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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Feb. 27, 2021
Feb. 29, 2020
Mar. 02, 2019
Operating activities:      
Net loss $ (90,909) $ (452,174) $ (422,213)
Net income (loss) from discontinued operations, net of tax 9,161 17,045 244,741
Net loss from continuing operations (100,070) (469,219) (666,954)
Adjustments to reconcile to net cash (used in) provided by operating activities of continuing operations :      
Depreciation and amortization 327,124 328,277 357,882
Lease termination and impairment charges 58,403 42,843 107,994
Intangible asset impairment charges 29,852   375,190
LIFO (credit) charge (51,692) (64,804) 23,354
(Gain) loss on sale of assets, net (69,300) 4,226 (38,012)
Gain on Bartell acquisition (47,705)    
Stock-based compensation expense 13,003 16,087 12,115
(Gain) loss on debt modifications and retirements, net (5,274) (55,692) 554
Changes in deferred taxes (10,633) 385,904 95,638
Changes in operating assets and liabilities:      
Accounts receivable (182,404) 486,563 (75,844)
Inventories 177,263 15,141 (44,645)
Accounts payable (35,372) (92,062) 125,925
Operating lease right-of-use assets and operating lease liabilities (28,044) 14,112  
Other assets 80,975 (38,351) 1,000
Other liabilities (50,947) (62,168) (439,906)
Net cash provided by (used in) operating activities of continuing operations 105,179 510,857 (165,709)
Investing activities:      
Payments for property, plant and equipment (195,141) (171,705) (196,778)
Intangible assets acquired (29,800) (42,681) (47,911)
Acquisition of businesses, net of cash acquired (86,230)    
Proceeds from insured loss 12,500    
Proceeds from dispositions of assets and investments 11,444 59,658 43,550
Proceeds from sale-leaseback transactions, ASC842 177,892 4,879  
Proceeds from sale-leaseback transactions, ACS 840     2,587
Net cash used in investing activities of continuing operations (109,335) (149,849) (198,552)
Financing activities:      
Proceeds from issuance of long-term debt 849,918 600,000 450,000
Net proceeds from (payments to) revolver 200,000 (225,000) 875,000
Principal payments on long-term debt (1,058,537) (706,103) (440,370)
Change in zero balance cash accounts (36,463) 12,671 (59,481)
Net proceeds from issuance of common stock 53   2,294
Payments for taxes related to net share settlement of equity awards (3,086) (1,921) (2,419)
Financing fees paid for early debt redemption (2,399) (518) (171)
Deferred financing costs paid (14,729) (5,781) (21,564)
Net cash (used in) provided by financing activities of continuing operations (65,243) (326,652) 803,289
Cash flows from discontinued operations:      
Operating activities of discontinued operations (82,189) (23,836) (62,956)
Investing activities of discontinued operations 94,310 63,307 664,740
Financing activities of discontinued operations 0 0 (1,343,793)
Net cash provided by (used in) discontinued operations 12,121 39,471 (742,009)
(Decrease) increase in cash and cash equivalents (57,278) 73,827 (302,981)
Cash and cash equivalents, beginning of period 218,180 144,353 447,334
Cash and cash equivalents, end of period $ 160,902 $ 218,180 $ 144,353