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Income Taxes (Tables) | 12 Months Ended
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Mar. 04, 2017
Income Tax Disclosure [Abstract] |
Schedule of Income before Income Tax, Domestic and Foreign | Earnings before income taxes consisted of the following:
(In thousands) | 2017 |  | 2016 |  | 2015
U.S. | $ | 123,229 |  |  | $ | 100,859 |  |  | $ | 59,898 |
International | (424 | ) |  | (3,535 | ) |  | 5,101 |
Earnings before income taxes | $ | 122,805 |  |  | $ | 97,324 |  |  | $ | 64,999 |
Schedule of Components of Income Tax Expense (Benefit) | The components of income tax expense (benefit) for each of the last three fiscal years was:
(In thousands) | 2017 |  | 2016 |  | 2015
Current |  |  |  |  |
Federal | $ | 35,610 |  |  | $ | 35,888 |  |  | $ | 7,328 |
State and local | 2,929 |  |  | 2,866 |  |  | 1,198 |
International | (147 | ) |  | (636 | ) |  | 1,790 |
Total current | 38,392 |  |  | 38,118 |  |  | 10,316 |
Deferred |  |  |  |  |
Federal | (945 | ) |  | (5,403 | ) |  | 4,738 |
State and local | (78 | ) |  | (512 | ) |  | (363 | )
International | (42 | ) |  | (224 | ) |  | (101 | )
Total deferred | (1,065 | ) |  | (6,139 | ) |  | 4,274 |
Total non-current tax (benefit) expense | (312 | ) |  | 3 |  |  | (107 | )
Total income tax expense | $ | 37,015 |  |  | $ | 31,982 |  |  | $ | 14,483 |
Schedule of Effective Income Tax Rate Reconciliation | The following table provides a reconciliation of the statutory federal income tax rate to our consolidated effective tax rates:
| 2017 |  | 2016 |  | 2015
Federal income tax expense at statutory rate | 35.0 | % |  | 35.0 | % |  | 35.0 | %
Manufacturing deduction | (3.3 | ) |  | (3.4 | ) |  | (2.3 | )
State and local income taxes, net of federal tax benefit | 1.6 |  |  | 1.6 |  |  | 1.2 |
Foreign tax rate differential | (1.6 | ) |  | — |  |  | — |
Tax credits - research & development | (0.7 | ) |  | (0.8 | ) |  | (1.1 | )
Tax credits - 48C | — |  |  | — |  |  | (9.9 | )
Other, net | (0.9 | ) |  | 0.5 |  |  | (0.6 | )
Income tax expense | 30.1 | % |  | 32.9 | % |  | 22.3 | %
Schedule of Deferred Tax Assets and Liabilities | Deferred tax assets and deferred tax liabilities at March 4, 2017 and February 27, 2016 were:
| 2017 |  | 2016
(In thousands) | Noncurrent |  | Current |  | Noncurrent
Accounts receivable | $ | 408 |  |  | $ | 825 |  |  | $ | — |
Other accruals | 4,254 |  |  | 2,968 |  |  | 1,281 |
Deferred compensation | 15,189 |  |  | 554 |  |  | 12,594 |
Goodwill and other intangibles | (7,601 | ) |  | 18 |  |  | (7,615 | )
Depreciation | (18,714 | ) |  | — |  |  | (17,354 | )
Liability for unrecognized tax benefits | 2,623 |  |  | — |  |  | 2,797 |
Net operating losses | 5,790 |  |  | — |  |  | 2,945 |
Valuation allowance on net operating losses | (2,352 | ) |  | (2,194 | ) |  | (306 | )
Other | 403 |  |  | (351 | ) |  | 686 |
Deferred tax (liabilities) assets | $ | — |  |  | $ | 1,820 |  |  | $ | (4,972 | )
Schedule of Unrecognized Tax Benefits Roll Forward | The following table provides a reconciliation of the total amounts of gross unrecognized tax benefits:
(In thousands) | 2017 |  | 2016 |  | 2015
Gross unrecognized tax benefits at beginning of year | $ | 4,512 |  |  | $ | 4,491 |  |  | $ | 4,431 |
Gross increases in tax positions for prior years | 54 |  |  | 60 |  |  | 261 |
Gross decreases in tax positions for prior years | (233 | ) |  | (158 | ) |  | (276 | )
Gross increases based on tax positions related to the current year | 508 |  |  | 526 |  |  | 508 |
Gross decreases based on tax positions related to the current year | — |  |  | (33 | ) |  | (21 | )
Settlements | (23 | ) |  | — |  |  | (93 | )
Statute of limitations expiration | (743 | ) |  | (374 | ) |  | (319 | )
Gross unrecognized tax benefits at end of year | $ | 4,075 |  |  | $ | 4,512 |  |  | $ | 4,491 |

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