Note 8 - Provision for Income Taxes (Tables)

12 Months Ended

Mar. 03, 2018

Notes Tables

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

	FISCAL YEAR ENDED
(in thousands)	March 3, 2018		February 25, 2017		February 27, 2016
Current:
Federal	$	82,044	$	313,571	$	389,039
State and local		13,554		42,101		39,991
		95,598		355,672		429,030
Deferred:
Federal		157,057		20,295		42,592
State and local		18,147		4,580		14,334
		175,204		24,875		56,926
	$	270,802	$	380,547	$	485,956

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

(in thousands)	March 3, 2018			February 25, 2017
Deferred tax assets:
Inventories	$	26,657		$	33,120
Deferred rent and other rent credits		47,893			73,577
Insurance		22,274			60,789
Stock-based compensation		23,690			41,715
Nonqualified deferred compensation plan		19,671			27,857
Merchandise credits and gift card liabilities		36,793			63,031
Accrued expenses		29,557			57,401
Obligations on distribution facilities		26,210			40,363
Carryforwards and other tax credits		48,221			40,481
Other		28,972			61,937
Deferred tax liabilities:
Depreciation		(125,067	)		(137,144	)
Goodwill		(54,254	)		(69,127	)
Intangibles		(55,091	)		(82,688	)
Prepaid expenses		(52,723	)		-
Other		(11,778	)		(15,843	)
	$	11,025		$	195,469

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

(in thousands)	March 3, 2018			February 25, 2017
Balance at beginning of year	$	76,415		$	72,807
Increase related to current year positions		11,437			14,491
Increase related to prior year positions		4,128			413
Decrease related to prior year positions		(1,823	)		(4,202	)
Settlements		(1,448	)		-
Lapse of statute of limitations		(13,266	)		(7,094	)
Balance at end of year	$	75,443		$	76,415