Note 7 - Provision for Income Taxes (Tables)

12 Months Ended

Feb. 25, 2017

Notes Tables

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

	FISCAL YEAR ENDED
(in thousands)	February 25, 2017		February 27, 2016		February 28, 2015
Current:
Federal	$	313,571	$	389,039	$	504,154
State and local		42,101		39,991		64,486
		355,672		429,030		568,640
Deferred:
Federal		20,295		42,592		(18,245	)
State and local		4,580		14,334		(4,034	)
		24,875		56,926		(22,279	)
	$	380,547	$	485,956	$	546,361

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

	February 25,			February 27,
(in thousands)	2017			2016
Deferred tax assets:
Inventories	$	33,120		$	30,470
Deferred rent and other rent credits		73,577			74,182
Insurance		60,789			51,238
Stock-based compensation		41,715			39,417
Nonqualified deferred compensation plan		27,857			21,688
Merchandise credits and gift card liabilities		63,031			66,496
Accrued expenses		57,401			46,226
Obligations on distribution facilities		40,363			40,704
Net operating loss carryforwards and other tax credits		18,186			22,253
Other		84,232			69,088
Deferred tax liabilities:
Depreciation		(137,144	)		(104,781	)
Goodwill		(69,127	)		(62,252	)
Intangibles		(82,688	)		(81,150	)
Other		(15,843	)		(14,525	)
	$	195,469		$	199,054

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

	February 25,			February 27,
(in thousands)	2017			2016
Balance at beginning of year	$	72,807		$	79,985
Increase related to current year positions		14,491			16,662
Increase related to prior year positions		413			2,104
Decrease related to prior year positions		(4,202	)		(14,698	)
Settlements		-			(5,865	)
Lapse of statute of limitations		(7,094	)		(5,381	)
Balance at end of year	$	76,415		$	72,807