Discontinued Operations and Goodwill Impairment (Tables)

9 Months Ended

Nov. 26, 2016

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations

    The following table presents key financial results of the Company included in “Net loss from discontinued operations, net of tax” for the thirteen and thirty-nine weeks endedNovember 26, 2016 and November 28, 2015 (unaudited):

	Thirteen Weeks Ended						Thirty-Nine Weeks Ended
	November 26, 2016			November 28, 2015			November 26, 2016			November 28, 2015
Net sales	$	21,343		$	21,065		$	69,061		$	69,497
Cost of sales (including occupancy costs)	16,768			15,588			52,087			47,820
Gross profit	4,575			5,477			16,974			21,677
Selling, general, and administrative expenses	7,843			9,303			23,059			25,838
Impairment charges and store closing costs	44,068			14			44,103			14
Loss from discontinued operations before income tax benefit	(47,336		)	(3,840		)	(50,188		)	(4,175		)
Income tax benefit	17,487			1,463			18,595			1,772
Net loss from discontinued operations, net of tax	$	(29,849	)	$	(2,377	)	$	(31,593	)	$	(2,403	)

The following table presents the major classes of assets and liabilities presented as held for sale as of November 26, 2016, November 28, 2015 and February 27, 2016 related to JackRabbit (unaudited):

	November 26, 2016		November 28, 2015		February 27, 2016
ASSETS
Current assets:
Accounts receivable, net	$	655	$	579	$	1,745
Merchandise inventories, net	26,214		30,868		28,540
Other	232		2,169		1,239
Total current assets	27,101		33,616		31,524
Property and equipment:
Building	103		106		103
Leasehold improvements	4,196		8,215		4,341
Furniture, fixtures, and equipment	2,732		3,941		2,586
Construction in progress	459		535		18
	7,490		12,797		7,048
Less accumulated depreciation	3,498		4,813		2,722
Total property and equipment, net	3,992		7,984		4,326
Goodwill	—		44,029		44,029
Other assets, net	842		45		916
Total assets	$	31,935	$	85,674	$	80,795

	November 26, 2016		November 28, 2015		February 27, 2016
LIABILITIES
Current liabilities:
Accounts payable	$	9,779	$	9,308	$	7,601
Employee compensation	633		1,329		1,237
Accrued property and sales tax	597		556		485
Other liabilities and accrued expenses	2,338		4,214		3,958
Total current liabilities	13,347		15,407		13,281
Deferred credits from landlords	1,975		2,145		1,824
Other long-term liabilities	22		94		80
Total liabilities	$	15,344	$	17,646	$	15,185