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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
6 Months Ended 12 Months Ended
Aug. 26, 2017
Aug. 27, 2016
Feb. 25, 2017
Feb. 27, 2016
Operating activities:        
Net income $ 10,983 $ 31,701    
Net loss from discontinued operations (361) (1,744)    
Net income from continuing operations 11,344 33,445    
Adjustments to reconcile net income to net cash provided by operating activities:        
Impairment charges and store closing costs 4,493 182    
Depreciation and amortization 26,822 23,023    
Deferred income taxes (8,370) (4,923)    
Gain on disposals of property and equipment (20) (54)    
Share-based compensation 3,625 5,434    
Changes in operating assets and liabilities:        
Accounts receivable, net 5,841 (2,743)    
Merchandise inventories, net 23,072 1,581    
Other assets (1,110) 1,511    
Accounts payable (14,519) 22,972    
Employee compensation (1,580) (3,912)    
Income taxes receivable/payable (14,615) 38,861    
Other liabilities and accrued expenses (3,728) (1,117)    
Deferred credits from landlords 2,122 1,518    
Net cash provided by operating activities - continuing operations 33,377 115,778    
Net cash provided by operating activities - discontinued operations 31,961 3,577    
Net cash provided by operating activities 65,338 119,355    
Investing activities:        
Capital expenditures for property and equipment (20,135) (27,366)    
Payments for intangible assets (5,057) (7,301)    
Proceeds from disposals of property and equipment 16 380    
Payments for sale of discontinued operations (1,986) 0    
Net cash used in investing activities - continuing operations (27,162) (34,287)    
Net cash used in investing activities - discontinued operations 0 (466)    
Net cash used in investing activities (27,162) (34,753)    
Financing activities:        
Borrowings on revolving credit facility 0 30,000    
Repayments on revolving credit facility 0 (30,000)    
Dividends paid to shareholders (8,993) (8,512)    
Proceeds from issuance of common stock, net of settlement of tax withholding obligations 202 1,275    
Purchases of treasury stock (3,823) (42,559)    
Net cash used in financing activities - continuing operations (12,614) (49,796)    
Net cash used in financing activities - discontinued operations (1,500) 0    
Net cash used in financing activities (14,114) (49,796)    
Net increase in cash and cash equivalents 24,062 34,806    
Cash and cash equivalents at beginning of period 90,856 79,495 $ 79,495  
Cash and cash equivalents at end of period 114,918 114,301 90,856 $ 79,495
Supplemental disclosure of noncash operating and investing activities:        
Capital expenditures incurred but not yet paid as of August 26, 2017 and August 27, 2016 895 1,492 3,111 5,700
Capital expenditures incurred but not yet paid as of February 25, 2017 and February 27, 2016 $ 895 $ 1,492 $ 3,111 $ 5,700