Revenue, Receivables and Contract Assets and Liabilities (Tables)

3 Months Ended

Jun. 01, 2024

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregates Total Revenue by Timing of Recognition

The following table disaggregates total revenue by timing of recognition (see Note 12 for disclosure of revenue by segment):

	Three Months Ended
(In thousands)	June 1, 2024		May 27, 2023
Recognized at shipment	$	136,722	$	152,655
Recognized over time (input method)	116,681		123,381
Recognized over time (output method)	78,113		85,677
Total	$	331,516	$	361,713

Schedule of Receivables

(In thousands)	June 1, 2024		March 2, 2024
Trade accounts	$	112,266	$	115,061
Construction contracts	73,720		61,879
Total receivables	185,986		176,940
Less: allowance for credit losses	2,716		3,383
Receivables, net	$	183,270	$	173,557

Schedule of Allowance for Credit Losses

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

(In thousands)	June 1, 2024
Beginning balance	$	3,383
Reductions to allowance of credit losses	(659)
Foreign currency effects	(8)
Ending balance	$	2,716

Schedule of Other Contract-Related Disclosures

Other contract-related disclosures	Three Months Ended
(In thousands)	June 1, 2024		May 27, 2023
Revenue recognized related to contract liabilities from prior year-end	$	26,530	$	22,745
Revenue recognized related to prior satisfaction of performance obligations	3,298		427

Schedule of Performance Obligations Expected to be Satisfied

The transaction prices associated with unsatisfied performance obligations at June 1, 2024 are expected to be satisfied, and the corresponding revenue to be recognized, over the following estimated time periods:

(In thousands)	June 1, 2024
Within one year	$	608,606
Between one and two years	352,707
Beyond two years	109,831
Total	$	1,071,144