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Fair Value Measurements (Tables)
3 Months Ended
May. 30, 2015
Fair Value Disclosures [Abstract]  
Summary of Recognized Assets and Liabilities
The following table provides a summary of the recognized assets and liabilities that are measured at fair value on a recurring basis (in thousands):

 
 
May 30, 2015
 
May 31, 2014
 
February 28, 2015
 
 
Level 1
 
Level 2
 
Level 3
 
Level 1
 
Level 2
 
Level 3
 
Level 1
 
Level 2
 
Level 3
Assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Non-qualified deferred compensation plan
 
$
6,425

 
$

 
$

 
$
6,117

 
$

 
$

 
$
6,424

 
$

 
$

Liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Contingent consideration liabilities
 
$

 
$

 
$
441

 
$

 
$

 
$
2,253

 
$

 
$

 
$
650

Schedule of Reconciliation of Company's Level 3 Contingent Consideration Liabilities
The following table provides a reconciliation of the Company’s Level 3 contingent consideration liabilities during the thirteen weeks ended May 30, 2015 (in thousands):

 
Level 3
Liabilities
Balance as of February 28, 2015
$
650

Contingent consideration from acquisition
120

Settlement of contingent consideration
(329
)
Balance as of May 30, 2015
$
441