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Reclassifications from Accumulated Other Comprehensive Loss
12 Months Ended
Mar. 04, 2017
Reclassifications from Accumulated Other Comprehensive Loss  
Reclassifications from Accumulated Other Comprehensive Loss

 

17. Reclassifications from Accumulated Other Comprehensive Loss

The following table summarizes the components of accumulated other comprehensive loss and the changes in balances of each component of accumulated other comprehensive loss, net of tax as applicable, for the fiscal years ended March 4, 2017, February 27, 2016 and February 28, 2015:

                                                                                                                                                                                    

 

 

March 4, 2017
(53 Weeks)

 

February 27, 2016
(52 Weeks)

 

February 28, 2015
(52 Weeks)

 

 

 

Defined
benefit
pension
plans

 

Accumulated
other
comprehensive
loss

 

Defined
benefit
pension
plans

 

Accumulated
other
comprehensive
loss

 

Defined
benefit
pension
plans

 

Accumulated
other
comprehensive
loss

 

Accumulated other comprehensive loss

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance—beginning of period

 

$

(47,781

)

$

(47,781

)

$

(45,850

)

$

(45,850

)

$

(37,334

)

$

(37,334

)

Other comprehensive (loss) income before reclassifications, net of $1,553, $(3,162), and $(7,506) tax expense (benefit)

 

 

2,356

 

 

2,356

 

 

(3,633

)

 

(3,633

)

 

(10,578

)

 

(10,578

)

Amounts reclassified from accumulated other comprehensive loss to net income, net of $2,047, $1,481, and $1,464 tax expense

 

 

3,108

 

 

3,108

 

 

1,702

 

 

1,702

 

 

2,062

 

 

2,062

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Balance—end of period

 

$

(42,317

)

$

(42,317

)

$

(47,781

)

$

(47,781

)

$

(45,850

)

$

(45,850

)

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

The following table summarizes the effects on net income of significant amounts classified out of each component of accumulated other comprehensive loss for the fiscal years ended March 4, 2017, February 27, 2016 and February 28, 2015:

                                                                                                                                                                                    

 

 

Fiscal Years Ended March 4, 2017, February 27, 2016 and February 28, 2015

 

 

Amount reclassified from
accumulated other comprehensive loss

 

 

Details about
accumulated other
comprehensive loss
components

 

March 4,
2017
(53 Weeks)

 

February 27,
2016
(52 Weeks)

 

February 28,
2015
(52 Weeks)

 

Affected line item in the
consolidated statements of operations

Defined benefit pension plans

 

 

 

 

 

 

 

 

 

 

 

Amortization of unrecognized prior service cost(a)

 

$

 

$

(67

)

$

(240

)

Selling, general and administrative expenses

Amortization of unrecognized net loss(a)

 

 

(5,155

)

 

(3,116

)

 

(3,286

)

Selling, general and administrative expenses

​  

​  

​  

​  

​  

​  

 

 

 

(5,155

)

 

(3,183

)

 

(3,526

)

Total before income tax expense

 

 

 

2,047

 

 

1,481

 

 

1,464

 

Income tax expense

​  

​  

​  

​  

​  

​  

 

 

$

(3,108

)

$

(1,702

)

$

(2,062

)

Net of income tax expense

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  


 

(a)

—See Note 18, Retirement Plans for additional details.