Revenue, Receivables and Contract Assets and Liabilities (Tables)

9 Months Ended

Nov. 25, 2023

Revenue from Contract with Customer [Abstract]

Disaggregated revenue data

The following table disaggregates total revenue by timing of recognition (see Note 11 for disclosure of revenue by segment):

	Three Months Ended				Nine Months Ended
(In thousands)	November 25, 2023		November 26, 2022		November 25, 2023		November 26, 2022
Recognized at shipment	$	144,910	$	168,593	$	449,805	$	504,450
Recognized over time	194,804		199,254		605,297		592,141
Total	$	339,714	$	367,847	$	1,055,102	$	1,096,591

Net receivables

(In thousands)	November 25, 2023		February 25, 2023
Trade accounts	$	113,016	$	140,732
Construction contracts	88,007		58,331
Total receivables	201,023		199,063
Less: allowance for credit losses	2,774		1,796
Receivables, net	$	198,249	$	197,267

Allowance for Credit Losses

The following table summarizes the activity in the allowance for credit losses for the nine-month period ended:

(In thousands)	November 25, 2023
Beginning balance	$	1,796
Additions charged to costs and expenses	1,256
Deductions from allowance, net of recoveries	(281)
Foreign currency effects	3
Ending balance	$	2,774

Performance obligations expected to be satisfied

expected to be satisfied, and the corresponding revenue to be recognized, over the following estimated time periods:

(In thousands)	November 25, 2023
Within one year	$	456,880
Between one and two years	315,667
Beyond two years	75,170
Total	$	847,717