CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	May 27, 2017	Feb. 25, 2017	May 28, 2016
Current assets:
Cash and cash equivalents	$ 75,979	$ 90,856	$ 85,389
Accounts receivable, net	18,078	20,470	16,087
Merchandise inventories, net	341,420	331,146	324,726
Income taxes receivable	14,902	35,559	0
Other current assets	27,856	13,379	18,855
Current assets held for sale	0	0	28,733
Total current assets	478,235	491,410	473,790
Property and equipment:
Land	1,557	1,557	1,557
Building	44,336	44,249	43,825
Leasehold improvements	206,120	206,446	196,562
Furniture, fixtures, and equipment	284,274	281,730	257,250
Construction in progress	7,270	6,503	10,290
Property and equipment, gross	543,557	540,485	509,484
Less accumulated depreciation	299,114	292,588	272,102
Total property and equipment, net	244,443	247,897	237,382
Other assets, net	6,119	7,161	7,616
Long-term assets held for sale	0	0	49,066
Total assets	728,797	746,468	767,854
Current liabilities:
Accounts payable	168,136	166,614	124,804
Employee compensation	8,576	15,407	10,790
Accrued property and sales tax	7,084	9,750	7,741
Other liabilities and accrued expenses	23,425	30,200	31,897
Current liabilities held for sale	0	0	12,622
Total current liabilities	207,221	221,971	187,854
Commitments and contingencies
Deferred credits from landlords	32,454	32,133	31,801
Deferred income taxes	28,526	32,226	22,459
Other long-term liabilities	7,491	8,640	9,261
Long-term liabilities held for sale	0	0	1,958
Shareholders’ equity:
Preferred stock, $.01 par value; 1,000 shares authorized; none issued	0	0	0
Common stock, $.01 par value; 110,000 shares authorized; 60,145 shares issued, Shares outstanding - (May 27, 2017 - 40,148; May 28, 2016 – 44,447; February 25, 2017 – 40,337)	601	601	601
Additional paid-in capital	246,458	245,335	239,411
Retained earnings	607,828	604,136	644,615
Treasury stock, shares held - (May 27, 2017 – 19,610; May 28, 2016 – 18,311; February 25, 2017 – 19,421)	(401,782)	(398,574)	(370,106)
Total shareholders’ equity	453,105	451,498	514,521
Total liabilities and shareholders’ equity	$ 728,797	$ 746,468	$ 767,854

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.