XML 17 R7.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Sep. 01, 2018
Sep. 02, 2017
Operating activities:    
Net (loss) income $ (144,724) $ 95,367
Net income (loss) from discontinued operations, net of tax 249,351 (56,956)
Net (loss) income from continuing operations (394,075) 152,323
Adjustments to reconcile to net cash (used in) provided by operating activities of continuing operations:    
Depreciation and amortization 184,272 196,684
Lease termination and impairment charges 49,468 7,151
Goodwill and intangible asset impairment charges 375,190  
LIFO charge 13,324 13,609
Gain on sale of assets, net (10,824) (20,828)
Stock-based compensation expense 10,246 15,362
Loss on debt retirements, net 554  
Changes in deferred taxes (124,807) 64,850
Changes in operating assets and liabilities:    
Accounts receivable (323,724) (88,748)
Inventories (31,650) (27,454)
Accounts payable 207,943 59,271
Other assets (11,232) (14,262)
Other liabilities (245,587) (62,485)
Net cash (used in) provided by operating activities of continuing operations (300,902) 295,473
Investing activities:    
Payments for property, plant and equipment (92,565) (79,116)
Intangible assets acquired (20,519) (9,679)
Proceeds from insured loss   3,627
Proceeds from dispositions of assets and investments 15,729 17,407
Proceeds from sale-leaseback transactions 2,587  
Net cash used in investing activities of continuing operations (94,768) (67,761)
Financing activities:    
Net proceeds from (payments to) revolver 1,335,000 (190,000)
Principal payments on long-term debt (433,746) (4,386)
Change in zero balance cash accounts (17,101) 10,189
Net proceeds from issuance of common stock 1,302 215
Payments for taxes related to net share settlement of equity awards (2,244) (4,071)
Financing fees paid for early debt redemption (13)  
Net cash provided by (used in) financing activities of continuing operations 883,198 (188,053)
Cash flows from discontinued operations:    
Operating activities of discontinued operations (62,003) 2,358
Investing activities of discontinued operations 603,402 (44,739)
Financing activities of discontinued operations (1,343,793) (3,710)
Net cash used in discontinued operations (802,394) (46,091)
Decrease in cash and cash equivalents (314,866) (6,432)
Cash and cash equivalents, beginning of period 447,334 245,410
Cash and cash equivalents, end of period $ 132,468 $ 238,978