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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Feb. 25, 2017
Feb. 27, 2016
Feb. 28, 2015
Operating activities:      
Net (loss) income $ (18,208) $ 21,796 $ 79,742
Net loss from discontinued operations, net of tax (53,364) (7,126) (9,357)
Net income from continuing operations 35,156 28,922 89,099
Adjustments to reconcile net income to net cash provided by operating activities:      
Impairment charges and store closing costs 13,312 43,637 2,030
Depreciation and amortization 49,376 42,190 36,491
Deferred income taxes 8,223 (570) 22,423
Loss on disposals of property and equipment 703 139 338
Share-based compensation 9,945 10,567 7,951
Excess tax benefits from share-based compensation (472) (316) (2,206)
Changes in operating assets and liabilities:      
Accounts receivable, net (3,988) (255) (143)
Merchandise inventories, net 16,820 (25,974) (38,776)
Other assets 1,700 (8,339) 7,076
Accounts payable 15,576 26,888 14,828
Employee compensation (3,515) (323) (5,291)
Income taxes receivable/payable 25,523 (15,629) (16,469)
Other liabilities and accrued expenses (2,475) 2,906 (386)
Deferred credits from landlords 1,630 3,345 657
Net cash provided by operating activities - continuing operations 167,514 107,188 117,622
Net cash used in operating activities - discontinued operations (2,975) (7,800) (15,820)
Net cash provided by operating activities 164,539 99,388 101,802
Investing activities:      
Capital expenditures for property and equipment (74,784) (62,144) (85,415)
Payments for sale of discontinued operations (8,317) 0 0
Proceeds from disposals of property and equipment 596 52 38
Cash paid for investments 0 0 (2,177)
Net cash used in investing activities - continuing operations (82,505) (62,092) (87,554)
Net cash used in investing activities - discontinued operations (1,659) (12,259) (13,593)
Net cash used in investing activities (84,164) (74,351) (101,147)
Financing activities:      
Borrowings on revolving credit facility 47,000 30,000 0
Repayments on revolving credit facility (47,000) (30,000) 0
Dividends paid to shareholders (16,749) (16,407) (15,417)
Proceeds from issuance of common stock 39 1,976 6,609
Excess tax benefits from share-based compensation 472 316 2,206
Purchases of treasury stock (52,776) (79,880) (68,053)
Net cash used in financing activities - continuing operations (69,014) (93,995) (74,655)
Net cash used in financing activities - discontinued operations 0 (1,116) (5,510)
Net cash used in financing activities (69,014) (95,111) (80,165)
Net (decrease) increase in cash and cash equivalents 11,361 (70,074) (79,510)
Cash and cash equivalents at beginning of year 79,495 149,569 229,079
Cash and cash equivalents at end of year 90,856 79,495 149,569
Supplemental disclosure of noncash operating and investing activities:      
Capital expenditures incurred but not yet paid $ 3,111 $ 5,700 $ 13,532