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Summary of Significant Accounting Policies and Related Matters (Tables)
 12 Months Ended
Mar. 02, 2019
Accounting Policies [Abstract]  
Schedule of New Accounting Pronouncements and Changes in Accounting Principles
The below tables set forth the adjustments to the Company’s consolidated statement of earnings and consolidated balance sheet as a result of the newly adopted revenue recognition standard.

 
Twelve months ended March 2, 2019
(In thousands)
As Reported
 
Balances Without Adoption of ASU 2014-09
 
Impact of Adoption Increase/(Decrease)
 
 
 
 
 
 
Net sales
$
12,028,797

 
$
12,038,964

 
$
(10,167
)
Cost of sales
7,924,817

 
7,960,335

 
(35,518
)
   Gross profit
4,103,980

 
4,078,629

 
25,351

Selling, general and administrative expenses
3,681,210

 
3,657,157

 
24,053

Goodwill and other impairments
509,905

 
509,905

 
—

   Operating (loss) profit
(87,135
)
 
(88,433
)
 
1,298

Interest expense, net
69,474

 
69,474

 
—

   (Loss) earnings before provision for income taxes
(156,609
)
 
(157,907
)
 
1,298

(Benefit) provision for income taxes
(19,385
)
 
(19,696
)
 
311

   Net (loss) earnings
$
(137,224
)
 
$
(138,211
)
 
$
987

Net (loss) earnings per share - Diluted
$
(1.02
)
 
$
(1.03
)
 
$
0.01

 
March 2, 2019
(In thousands)
As Reported
 
Balances Without Adoption of ASU 2014-09
 
Impact of Adoption Increase/(Decrease)
 
 
 
 
 
 
Assets
 
 
 
 
 
Merchandise inventories
$
2,618,922

 
$
2,620,679

 
$
(1,757
)
Prepaid expenses and other current assets
296,280

 
253,431

 
42,849

 
 
 
 
 
 
Liabilities and Shareholders' Equity
 
 
 
 
 
Accrued expenses and other current liabilities
$
623,734

 
$
566,902

 
$
56,832

Merchandise credit and gift card liabilities
339,322

 
350,567

 
(11,245
)
Retained earnings
11,112,887

 
11,116,121

 
(3,234
)