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Shareholders' Equity
12 Months Ended
Mar. 02, 2019
Equity [Abstract]  
Stockholders' Equity
Shareholders' Equity

A class of 200,000 shares of junior preferred stock with a par value of $1.00 is authorized, but unissued.

Share Repurchases
During fiscal 2004, the Board of Directors authorized a share repurchase program, with subsequent increases in authorization, including an increase in authorization by 2,000,000 shares in fiscal 2019. We repurchased 1,257,983 shares under the program during fiscal 2019, for a total cost of $43.3 million. We repurchased 702,299 shares under the program, for a total cost of $33.7 million, in fiscal 2018, and 250,001 shares under the program, for a total cost of $10.8 million, in fiscal 2017. The Company has repurchased a total of 5,267,915 shares, at a total cost of $149.3 million, since the inception of this program. We have remaining authority to repurchase 1,982,085 shares under this program, which has no expiration date.

In addition to the shares repurchased under this repurchase plan, during fiscal 2019, 2018 and 2017, the Company also withheld $2.0 million, $3.0 million and $2.6 million, respectively, of Company stock from employees in order to satisfy stock-for-stock option exercises or tax obligations related to stock-based compensation, pursuant to terms of board and shareholder-approved compensation plans.

Accumulated Other Comprehensive Loss
The following summarizes the accumulated other comprehensive loss, net of tax, at March 2, 2019 and March 3, 2018:
(In thousands)
 
2019
 
2018
Net unrealized loss on marketable securities
 
$
(35
)
 
$
(99
)
Foreign currency hedge
 
(409
)
 
156

Pension liability adjustments
 
(3,852
)
 
(3,344
)
Foreign currency translation adjustments
 
(27,831
)
 
(20,766
)
Total accumulated other comprehensive loss
 
$
(32,127
)
 
$
(24,053
)