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Commitments and Contingent Liabilities (Tables)
3 Months Ended
Jun. 01, 2024
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Guarantees and warranties
 Three Months Ended
(In thousands)June 1, 2024
Balance at beginning of period$21,362 
Additional accruals2,399 
Claims paid(3,529)
Balance at end of period$20,232 
Schedule of Estimated Benefits Related to our Outstanding NMTC Transactions
The table below provides a summary of estimated benefits related to our outstanding NMTC transactions (in thousands):
Inception dateTermination dateDeferred BenefitDeferred costsNet benefit
May 2022(1)
August 2025$6,052 $1,604 $4,448 
September 2018September 2025$3,198 $1,031 $2,167 
Total$9,250 $2,635 $6,615 
(1) Continuation of the August 2018 NMTC financing transaction