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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
3 Months Ended
May 27, 2022
May 28, 2021
OPERATING ACTIVITIES    
Amounts used in calculating earnings (loss) per share $ (11.4) $ (28.1)
Depreciation and amortization 20.2 20.7
Share-based compensation 12.2 13.1
Restructuring costs 4.2 0.0
Other (4.2) (4.7)
Changes in operating assets and liabilities net of acquisitions:    
Accounts receivable (14.5) 10.1
Inventories (50.6) (34.2)
Income taxes receivable 25.3 (9.5)
Other assets (13.2) (4.6)
Accounts payable 16.7 17.8
Employee compensation liabilities (18.5) (36.0)
Employee benefit obligations (17.2) (18.1)
Customer deposits received, net of revenue recognized during the period (3.0) 8.4
Accrued expenses and other liabilities (1.1) 1.5
Net cash provided by operating activities (55.1) (63.6)
INVESTING ACTIVITIES    
Capital expenditures (13.6) (18.4)
Other 6.3 5.4
Net cash used in investing activities (7.3) (13.0)
FINANCING ACTIVITIES    
Dividends paid (17.1) (12.1)
Common stock repurchases (3.4) (4.3)
Other (0.2) (0.4)
Net cash used in financing activities (20.7) (16.8)
Effect of exchange rate changes on cash and cash equivalents (1.3) 0.3
Net decrease in cash, cash equivalents and restricted cash (84.4) (93.1)
Cash and cash equivalents and restricted cash, beginning of period (1) [1] 207.0 495.6
Cash and cash equivalents and restricted cash, end of period (2) [2] $ 122.6 $ 402.5
[1] These amounts include restricted cash of $6.1 and $5.8 as of February 25, 2022 and February 26, 2021, respectively.
[2] These amounts include restricted cash of $5.9 and $5.3 as of May 27, 2022 and May 28, 2021, respectively.