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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Sep. 02, 2017
Aug. 27, 2016
Operating activities:    
Net income $ 95,367 $ 10,185
Adjustments to reconcile to net cash provided by operating activities:    
Depreciation and amortization 274,104 280,839
Lease termination and impairment charges 7,214 13,014
LIFO charge 22,506 27,511
(Gain) loss on sale of assets, net (20,216) 1,230
Stock-based compensation expense 15,362 23,696
Changes in deferred taxes 64,850 1,998
Excess tax benefit on stock options and restricted stock   (3,248)
Changes in operating assets and liabilities:    
Accounts receivable (73,782) (227,255)
Inventories (62,714) (157,471)
Accounts payable 62,552 150,339
Other assets and liabilities, net (87,412) (101,799)
Net cash provided by operating activities 297,831 19,039
Investing activities:    
Payments for property, plant and equipment (120,461) (225,718)
Intangible assets acquired (13,073) (28,869)
Proceeds from dispositions of assets and investments 17,407 6,833
Proceeds from insured loss 3,627  
Net cash used in investing activities (112,500) (247,754)
Financing activities:    
Net (payments to) proceeds from revolver (190,000) 250,000
Principal payments on long-term debt (8,096) (11,230)
Change in zero balance cash accounts 10,189 534
Net proceeds from issuance of common stock 215 3,958
Excess tax benefit on stock options and restricted stock   3,248
Payments for taxes related to net share settlement of equity awards (4,071) (6,173)
Net cash (used in) provided by financing activities (191,763) 240,337
(Decrease) increase in cash and cash equivalents (6,432) 11,622
Cash and cash equivalents, beginning of period 245,410 124,471
Cash and cash equivalents, end of period 238,978 136,093
Supplementary cash flow data:    
Cash paid for interest (net of capitalized amounts of $184 and $101, respectively) 208,909 199,966
Cash payments of income taxes, net of refunds 3,119 5,628
Equipment financed under capital leases 8,615 2,860
Equipment received for noncash consideration 1,295 746
Reduction in lease financing obligation 4,740  
Gross borrowings from revolver 1,471,000 1,937,000
Gross payments to revolver $ 1,661,000 $ 1,687,000