Income Taxes (Tables)

12 Months Ended

Mar. 04, 2017

Income Taxes

Schedule of provision for income tax expense (benefit)

	Year Ended
	March 4, 2017 (53 Weeks)		February 27, 2016 (52 Weeks)			February 28, 2015 (52 Weeks)
Current tax:
Federal	$	—	$	(52	)	$	—
State		14,596		9,396			6,011
		14,596		9,344			6,011
Deferred tax and other:
Federal		10,341		117,200			(1,544,344	)
State		19,455		(13,605	)		(144,020	)
		29,796		103,595			(1,688,364	)
Total income tax expense (benefit)	$	44,392	$	112,939		$	(1,682,353	)

Schedule of reconciliation of the expected statutory federal tax and the total income tax expense (benefit)

	Year Ended
	March 4, 2017 (53 Weeks)			February 27, 2016 (52 Weeks)			February 28, 2015 (52 Weeks)
Federal statutory rate	$	16,957		$	97,441		$	149,389
Nondeductible expenses		2,479			6,518			805
State income taxes, net		8,219			23,828			11,565
Decrease of previously recorded liabilities		(955	)		—			(3,698	)
Nondeductible compensation		1,157			6,057			5,136
Acquisition Costs		4,023			6,782			—
Valuation allowance		14,703			(26,358	)		(1,841,304	)
Other		(2,191	)		(1,329	)		(4,246	)
Total income tax expense (benefit)	$	44,392		$	112,939			(1,682,353	)

Schedule of significant components of deferred tax assets and liabilities

	2017			2016
Deferred tax assets:
Accounts receivable	$	68,320		$	72,883
Accrued expenses		194,884			198,636
Liability for lease exit costs		68,411			81,704
Pension, retirement and other benefits		168,274			182,394
Long-lived assets		509,283			487,944
Other		1,630			6,203
Credits		65,971			64,382
Net operating losses		1,207,650			1,182,440
Total gross deferred tax assets		2,284,423			2,276,586
Valuation allowance		(226,726	)		(212,023	)
Total deferred tax assets		2,057,697			2,064,563
Deferred tax liabilities:
Outside basis difference		112,509			108,860
Inventory		439,624			416,562
Total gross deferred tax liabilities		552,133			525,422
Net deferred tax assets	$	1,505,564		$	1,539,141

Schedule of reconciliation of the beginning and ending amount of unrecognized tax benefits

	2017			2016			2015
Unrecognized tax benefits	$	10,676		$	9,514		$	10,143
Increases to prior year tax positions		16			1,667			1,003
Decreases to tax positions in prior periods		(626	)		(577	)		(984	)
Increases to current year tax positions		26			72			123
Settlements		—			—			(681	)
Lapse of statute of limitations		(1,153	)		—			(90	)
Unrecognized tax benefits balance	$	8,939		$	10,676		$	9,514