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Retirement Plans (Tables)
 12 Months Ended
Mar. 01, 2014
Retirement Plans  
Schedule of net periodic pension expense and other changes recognized in other comprehensive income for the defined benefit pension plans and the nonqualified executive retirement plan

 

 
   Defined Benefit Pension Plan   Nonqualified Executive
Retirement Plan		  
 
   2014   2013   2012   2014   2013   2012  

Service cost

   $ 3,341   $ 2,908   $ 2,988   $ —   $ —   $ 21  

Interest cost

     6,120     6,128     6,501     541     616     771  

Expected return on plan assets

     (6,738 )   (6,719 )   (6,192 )   —     —     —  

Amortization of unrecognized prior service cost

     240     240     639     —     —     —  

Amortization of unrecognized net loss (gain)

     4,935     3,926     2,435     (351 )   866     (582 )
                           
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Net pension expense(income)

   $ 7,898   $ 6,483   $ 6,371   $ 190   $ 1,482   $ 210  

Other changes recognized in other comprehensive loss:

                                      

Unrecognized net (gain) loss arising during period

   $ (18,860 ) $ 12,901   $ 24,664   $ (351 ) $ 866   $ 595  

Prior service cost arising during period          

     —     —     (275 )   —     —     —  

Amortization of unrecognized prior service costs

     (240 )   (240 )   (639 )   —     —     —  

Amortization of unrecognized net (loss) gain

     (4,935 )   (3,926 )   (2,435 )   351     (866 )   582  
                           
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Net amount recognized in other comprehensive loss

     (24,035 )   8,735     21,315     —     —     1,177  
                           
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Net amount recognized in pension expense and other comprehensive loss

   $ (16,137 ) $ 15,218   $ 27,686   $ 190   $ 1,482   $ 1,387  
                           
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                           
Schedule of reconciliation for both benefit obligation and plan assets of defined benefit plans, as well as funded status and amounts recognized in balance sheet

 

 
   Defined Benefit
Pension Plan		   Nonqualified Executive
Retirement Plan		  
 
   2014   2013   2014   2013  

Change in benefit obligations:

                          

Benefit obligation at end of prior year

   $ 158,522   $ 142,310   $ 14,332   $ 14,509  

Service cost

     3,341     2,908     —     —  

Interest cost

     6,120     6,128     541     616  

Distributions

     (7,677 )   (6,644 )   (1,657 )   (1,659 )

Change due to change in assumptions

     —     13,979     —     756  

Actuarial (gain) loss

     (11,710 )   (159 )   (351 )   110  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Benefit obligation at end of year

   $ 148,596   $ 158,522   $ 12,865   $ 14,332  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                   

Change in plan assets:

                          

Fair value of plan assets at beginning of year

   $ 114,773   $ 108,196   $ —   $ —  

Employer contributions

     8,000     5,583     1,655     1,659  

Actual return on plan assets

     13,888     9,067     —     —  

Distributions (including expenses paid by the plan)

     (7,677 )   (8,073 )   (1,655 )   (1,659 )
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Fair value of plan assets at end of year

   $ 128,984   $ 114,773   $ —   $ —  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                   

Funded status

   $ (19,612 ) $ (43,749 ) $ (12,865 ) $ (14,331 )
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Net amount recognized

   $ (19,612 ) $ (43,749 ) $ (12,865 ) $ (14,331 )
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                   

Amounts recognized in consolidated balance sheets consisted of:

                          

Prepaid pension cost

   $ —   $ —   $ —   $ —  

Accrued pension liability

     (19,612 )   (43,749 )   (12,865 )   (14,331 )
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Net amount recognized

   $ (19,612 ) $ (43,749 ) $ (12,865 ) $ (14,331 )

Amounts recognized in accumulated other comprehensive loss consist of:

                          

Net actuarial loss

   $ (35,348 ) $ (59,143 ) $ —   $ —  

Prior service cost

     (307 )   (547 )   —     —  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Amount recognized

   $ (35,655 ) $ (59,690 ) $ —   $ —  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                   
Schedule of significant actuarial assumptions used for all defined benefit plans to determine benefit obligation

 

 
   Defined Benefit
Pension Plan		   Nonqualified
Executive
Retirement Plan		  
 
   2014   2013   2012   2014   2013   2012  

Discount rate

     4.50 %   4.00 %   4.50 %   4.50 %   4.00 %   4.50 %

Rate of increase in future compensation levels

     4.50 %   4.50 %   5.00 %   N/A     N/A     3.00 %
Schedule of weighted average assumptions used to determine net benefit cost

 

 
   Defined Benefit Pension Plan   Nonqualified
Executive
Retirement Plan		  
 
   2014   2013   2012   2014   2013   2012  

Discount rate

     4.00 %   4.50 %   5.50 %   4.00 %   4.50 %   5.50 %

Rate of increase in future compensation levels

     4.50 %   5.00 %   5.00 %   N/A     N/A     3.00 %

Expected long-term rate of return on plan assets

     7.75 %   7.75 %   7.75 %   N/A     N/A     N/A  
Schedule of pension plan asset allocations by asset category

 

 
   March 1,
2014		   March 2,
2013		  

Equity securities

     62 %   60 %

Fixed income securities

     38 %   40 %
           
​ ​ ​ ​ ​ ​ ​ ​

Total

     100 %   100 %
           
​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​
           
Schedule of target allocation of plan assets

 

Category
  Target
Allocation		  

U.S. equities

     46 %

International equities

     16 %

U.S. fixed income

     38 %
       
​ ​ ​ ​ ​

Total

     100 %
       
​ ​ ​ ​ ​
​ ​ ​ ​ ​
       
Summary of the plan's investments measured at fair value on a recurring basis

 

 
   Fair Value Measurements at March 1, 2014  
 
   Quoted Prices in
Active Markets
for Identical
Assets (Level 1)		   Significant
Observable
Inputs (Level 2)		   Significant
Unobservable
Inputs (Level 3)		   Total  

Equity Securities

                          

International equity

   $ —   $ 20,401   $ —   $ 20,401  

Large Cap

     —     40,914     —     40,914  

Small-Mid Cap

     —     18,071     —     18,071  

Fixed Income

                          

Long Term Credit Bond Index

     —     47,360     —     47,360  

Other types of investments

                          

Short Term Investments

     —     2,239     —     2,239  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total

   $ —   $ 128,985   $ —   $ 128,985  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                   


 

 
   Fair Value Measurements at March 2, 2013  
 
   Quoted Prices in
Active Markets
for Identical
Assets (Level 1)		   Significant
Observable
Inputs (Level 2)		   Significant
Unobservable
Inputs (Level 3)		   Total  

Equity Securities

                          

International equity

   $ —   $ 17,199   $ —   $ 17,199  

Large Cap

     —     35,098     —     35,098  

Mid Cap

     —     12,562     —     12,562  

Small Cap

     —     4,236     —     4,236  

Fixed Income

                          

Long Term Credit Bond Index

     —     45,664     —     45,664  

Other types of investments

                          

Short Term Investments

     —     14     —     14  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total

   $ —   $ 114,773   $ —   $ 114,773  
                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                   
Schedule of future benefit payments expected to be paid

 

Fiscal Year
  Defined Benefit
Pension Plan		   Nonqualified
Executive
Retirement Plan		  

2015

   $ 7,378   $ 1,722  

2016

     7,520     1,625  

2017

     7,687     1,599  

2018

     7,829     1,228  

2019

     8,068     1,204  

2020 - 2024

     42,793     4,424  
           
​ ​ ​ ​ ​ ​ ​ ​

Total

   $ 81,275   $ 11,802  
           
​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​