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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Jun. 03, 2017
May 28, 2016
Operating activities:    
Net loss $ (75,349) $ (4,588)
Adjustments to reconcile to net cash provided by operating activities:    
Depreciation and amortization 142,092 138,788
Lease termination and impairment charges 4,086 5,781
LIFO charge 16,874 13,751
(Gain) loss on sale of assets, net (5,721) 1,056
Stock-based compensation expense 9,038 11,144
Changes in deferred taxes (38,160) (5,749)
Excess tax benefit on stock options and restricted stock   (883)
Changes in operating assets and liabilities:    
Accounts receivable (13,757) (74,530)
Inventories 31,172 59,440
Accounts payable 4,372 115,646
Other assets and liabilities, net 18,087 (99,856)
Net cash provided by operating activities 92,734 160,000
Investing activities:    
Payments for property, plant and equipment (60,738) (106,077)
Intangible assets acquired (8,234) (16,381)
Proceeds from dispositions of assets and investments 8,639 3,088
Proceeds from insured loss 2,137  
Net cash used in investing activities (58,196) (119,370)
Financing activities:    
Net payments to revolver (90,000) (20,000)
Principal payments on long-term debt (4,267) (5,721)
Change in zero balance cash accounts 28,768 2,262
Net proceeds from issuance of common stock 147 2,371
Excess tax benefit on stock options and restricted stock   883
Payments for taxes related to net share settlement of equity awards (147) (56)
Net cash used in financing activities (65,499) (20,261)
(Decrease) increase in cash and cash equivalents (30,961) 20,369
Cash and cash equivalents, beginning of period 245,410 124,471
Cash and cash equivalents, end of period 214,449 144,840
Supplementary cash flow data:    
Cash paid for interest (net of capitalized amounts of $71 and $56, respectively) 75,535 71,434
Cash payments of income taxes, net of refunds 1,461 3,869
Equipment financed under capital leases 3,857 1,553
Equipment received for noncash consideration 1,295 632
Reduction in lease financing obligation 2,416  
Gross borrowings from revolver 579,000 867,000
Gross payments to revolver $ 669,000 $ 887,000