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Lease Termination and Impairment Charges (Tables)
 12 Months Ended
Mar. 01, 2014
Lease Termination and Impairment Charges  
Schedule of impairment charges and number of locations, segregated by closed facilities and active stores that have been recorded

 

 
   Year Ended  
 
   March 1, 2014   March 2, 2013   March 3, 2012  
 
   Number   Charge   Number   Charge   Number   Charge  

Closed facilities:

                                      

Actual and approved store closings

     31   $ 531     29   $ 325     55   $ 2,283  

Actual and approved relocations

     —     —     —     —     2     499  

Existing surplus properties

     7     798     5     594     12     5,863  
                           
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total impairment charges-closed facilities

     38     1,329     34     919     69     8,645  

Active stores:

                                      

Additional current period charges for stores previously impaired in prior periods(1)

     378     4,162     469     5,835     591     9,822  

Charges for new, relocated and remodeled stores that did not meet their asset recoverability test in the current period(2)

     1     4,028     14     9,190     19     18,926  

Charges for the remaining stores that did not meet their asset recoverability test in the current period(3)

     17     3,558     47     8,948     53     14,605  
                           
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total impairment charges—active stores

     396     11,748     530     23,973     663     43,353  

Total impairment charges—all locations

     434   $ 13,077     564   $ 24,892     732   $ 51,998  
                           
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                           

Total number of active stores

     4,587           4,623           4,667        

Stores impaired in prior periods with no current charge

     709           588           428        

Stores with a current period charge

     396           530           663        
                                 
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total cumulative active stores with impairment charges

     1,105           1,118           1,091        
                                 
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                                 
(1)
These charges are related to stores that were impaired for the first time in prior periods. Most active stores, requiring an impairment charge, are fully impaired in the first period that they do not meet their asset recoverability test. However, in each prior period presented, a minority of stores were partially impaired since their fair value supported a reduced net book value. Accordingly, these stores may be further impaired in the current and future periods as a result of changes in their actual or projected cash flows, or changes to their fair value estimates. Also, the Company makes ongoing capital additions to certain stores to improve their operating results or to meet geographical competition, which if later are deemed to be unrecoverable, will be impaired in future periods. Of this total, 375, 464 and 583 stores for fiscal years 2014, 2013 and 2012 respectively have been fully impaired.

(2)
These charges are related to new stores (open at least 3 years) and relocated stores (relocated in the last 2 years) and significant strategic remodels (remodeled in the last year) that did not meet their recoverability test during the current period. These stores have not met their original return on investment projections and have a historical loss of at least 2 years. Their future cash flow projections do not recover their current carrying value. Of this total, 1, 14 and 19 stores for fiscal years 2014, 2013 and 2012 respectively have been fully impaired.

(3)
These charges are related to the remaining active stores that did not meet the recoverability test during the current period. These stores have a historical loss of at least 2 years. Their future cash flow projections do not recover their current carrying value. Of this total, 14, 43 and 43 stores for fiscal years 2014, 2013 and 2012 respectively have been fully impaired.
Schedule of fair value of long-lived assets for which an impairment assessment was performed and total losses

 

 

 
   Quoted Prices in
Active Markets
for Identical
Assets (Level 1)		   Significant
Other
Observable
Inputs (Level 2)		   Significant
Unobservable
Inputs (Level 3)		   Fair Values
as of
Impairment
Date		   Total
Charges
March 1, 2014		  

Long-lived assets held and used

   $ —   $ 42   $ 15,051   $ 15,093   $ (12,279 )

Long-lived assets held for sale

     —     14,656     —     14,656     (798 )
                       
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total

   $ —   $ 14,698   $ 15,051   $ 29,749   $ (13,077 )
                       
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                       


 

 
   Quoted Prices in
Active Markets
for Identical
Assets (Level 1)		   Significant
Other
Observable
Inputs (Level 2)		   Significant
Unobservable
Inputs (Level 3)		   Fair Values
as of
Impairment
Date		   Total
Charges
March 2, 2013		  

Long-lived assets held and used

   $ —   $ 1,018   $ 21,739   $ 22,757   $ (24,298 )

Long-lived assets held for sale

     —     1,842     —     1,842     (594 )
                       
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total

   $ —   $ 2,860   $ 21,739   $ 24,599   $ (24,892 )
                       
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                       
Schedule of closed store and distribution center charges related to new closures, changes in assumptions and interest accretion

 

 
   Year Ended  
 
   March 1,
2014
(52 Weeks)		   March 2,
2013
(52 Weeks)		   March 3,
2012
(53 Weeks)		  

Balance—beginning of year

   $ 323,757   $ 367,864   $ 405,350  

Provision for present value of noncancellable lease payments of closed stores

     11,646     14,440     11,832  

Changes in assumptions about future sublease income, terminations and change in interest rates

     (4,343 )   9,023     11,305  

Interest accretion

     21,250     23,246     26,084  

Cash payments, net of sublease income

     (68,040 )   (90,816 )   (86,707 )
               
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Balance—end of year

   $ 284,270   $ 323,757   $ 367,864  
               
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
               
Schedule of revenue, operating expenses, and income (loss) before income taxes of stores

 

 
   Year Ended  
 
   March 1,
2014		   March 2,
2013		   March 3,
2012		  

Revenues

   $ 89,416   $ 139,082   $ 258,263  

Operating expenses

     100,889     153,187     284,803  

Gain from sale of assets

     (13,074 )   (19,894 )   (12,206 )

Other (income) expenses

     (8,268 )   622     (7,874 )

Income (loss) before income taxes

     9,869     5,167     (6,460 )

Included in these stores' income (loss) before income taxes are:

                    

Depreciation and amortization

     607     1,342     3,038  

Inventory liquidation charges

     621     708     598