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Summary of Quarterly Results (Unaudited)
 12 Months Ended
Feb. 29, 2020
Quarterly Financial Data [Abstract]  
Summary of Quarterly Results (Unaudited)
SUMMARY OF QUARTERLY RESULTS (UNAUDITED)
 
FISCAL 2019 QUARTER ENDED
FISCAL 2018 QUARTER ENDED
(in thousands, except per share data)
June 1, 2019
August 31, 2019
November 30, 2019
February 29, 2020
June 2, 2018
September 1, 2018
December 1, 2018
March 2, 2019
Net sales
$
2,572,989

$
2,719,447

$
2,759,322

$
3,106,822

$
2,753,667

$
2,935,018

$
3,032,231

$
3,307,881

Gross profit
887,179

726,988

913,837

1,013,656

964,848

988,561

1,003,710

1,146,861

Operating profit (loss)
(406,842
)
(182,258
)
(29,758
)
(81,206
)
81,229

78,858

49,513

(296,735
)
Earnings (loss) before provision for income taxes
(422,740
)
(198,600
)
(46,937
)
(96,576
)
64,497

64,247

26,822

(312,175
)
Provision (benefit) for income taxes
(51,655
)
(59,835
)
(8,385
)
(31,162
)
20,921

15,608

2,468

(58,382
)
Net earnings (loss)
$
(371,085
)
$
(138,765
)
$
(38,552
)
$
(65,414
)
$
43,576

$
48,639

$
24,354

$
(253,793
)
EPS-Basic (1)
$
(2.91
)
$
(1.12
)
$
(0.31
)
$
0.53

$
0.32

$
0.36

$
0.18

$
(1.92
)
EPS-Diluted (1)
$
(2.91
)
$
(1.12
)
$
(0.31
)
$
0.53

$
0.32

$
0.36

$
0.18

$
(1.92
)
Dividends declared per share
$
0.170

$
0.170

$
0.170

$
0.170

$
0.160

$
0.160

$
0.160

$
0.160

(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.