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Facility Exit and Impairment Charges (Tables)
6 Months Ended
Aug. 27, 2022
Facility Exit and Impairment Charges  
Schedule of amounts relating to facility exit and impairment charges

Thirteen Week Period

 

Twenty-Six Week Period

Ended

 

Ended

 

August 27,

 

 

August 28,

August 27,

 

August 28,

 

2022

 

2021

    

2022

    

2021

Impairment charges

 

$

34,738

 

$

6,736

$

69,774

 

$

11,049

Facility exit charges

 

11,107

 

4,617

 

42,642

 

9,135

 

$

45,845

 

$

11,353

$

112,416

 

$

20,184

Schedule of fair value of long-lived assets measured on non-recurring basis

Fair Values

Total

as of

Charges

    

Level 1

    

Level 2

    

Level 3

    

Impairment Date

    

August 27, 2022

Long-lived assets held for use

$

$

11,645

$

$

11,645

$

(64,942)

Long-lived assets held for sale

$

$

5,115

$

$

5,115

$

(4,832)

Total

$

$

16,760

$

$

16,760

$

(69,774)

Fair Values

Total

as of

Charges

    

Level 1

    

Level 2

    

Level 3

    

Impairment Date

    

August 28, 2021

Long-lived assets held for use

$

$

$

489

$

489

$

(11,049)

Long-lived assets held for sale

$

$

$

$

$

Total

$

$

$

489

$

489

$

(11,049)

Schedule of closed store and distribution center charges related to new closures, changes in assumptions and interest accretion

Thirteen Week Period

Twenty-Six Week Period

Ended

Ended

August 27,

August 28,

August 27,

August 28,

    

2022

    

2021

    

2022

    

2021

    

Balance—beginning of period

$

43,402

$

6,135

$

18,688

$

3,443

Provision for present value of executory costs for leases exited

 

2,816

 

 

29,315

 

1,708

Changes in assumptions and other adjustments

(436)

(627)

1,493

Interest accretion

 

237

 

9

 

335

 

16

Cash payments

 

(4,073)

 

(533)

 

(5,765)

 

(1,049)

Balance—end of period

$

41,946

$

5,611

$

41,946

$

5,611