XML 35 R22.htm IDEA: XBRL DOCUMENT v3.19.1
Summary of Quarterly Results (Unaudited)
 12 Months Ended
Mar. 02, 2019
Quarterly Financial Data [Abstract]  
Summary of Quarterly Results (Unaudited)
SUMMARY OF QUARTERLY RESULTS (UNAUDITED)
 
FISCAL 2018 QUARTER ENDED
FISCAL 2017 QUARTER ENDED
(in thousands, except per share data)
June 2, 2018
September 1, 2018
December 1, 2018
March 2, 2019
May 27,
2017
August 26, 2017
November 25, 2017
March 3, 2018
Net sales
$
2,753,667

$
2,935,018

$
3,032,231

$
3,307,881

$
2,742,141

$
2,936,357

$
2,954,539

$
3,716,264

Gross profit
964,848

988,561

1,003,710

1,146,861

1,000,115

1,068,559

1,041,061

1,333,280

Operating profit (loss)
81,229

78,858

49,513

(296,735
)
147,011

168,847

108,360

337,103

Earnings (loss) before provision for income taxes
64,497

64,247

26,822

(312,175
)
130,431

149,681

94,739

320,809

Provision (benefit) for income taxes
20,921

15,608

2,468

(58,382
)
55,148

55,451

33,438

126,765

Net earnings (loss)
$
43,576

$
48,639

$
24,354

$
(253,793
)
$
75,283

$
94,230

$
61,301

$
194,044

EPS-Basic (1)
$
0.32

$
0.36

$
0.18

$
(1.92
)
$
0.53

$
0.67

$
0.44

$
1.41

EPS-Diluted (1)
$
0.32

$
0.36

$
0.18

$
(1.92
)
$
0.53

$
0.67

$
0.44

$
1.41

Dividends declared per share
$
0.160

$
0.160

$
0.160

$
0.160

$
0.150

$
0.150

$
0.150

$
0.150

(1) Net earnings per share ("EPS") amounts for each quarter are required to be computed independently and may not equal the amount computed for the total year.