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Income Taxes (Tables) | 12 Months Ended
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Feb. 27, 2021
Income Tax Disclosure [Abstract] |
Schedule of Income before Income Tax, Domestic and Foreign | Earnings before income taxes consisted of the following:
(In thousands) |  | 2021 |  | 2020 |  | 2019
United States |  | $ | 45,651 |  |  | $ | 97,297 |  |  | $ | 60,042 |
International |  | (23,040) |  |  | (17,547) |  |  | (1,380) |
Earnings before income taxes |  | $ | 22,611 |  |  | $ | 79,750 |  |  | $ | 58,662 |
Schedule of Components of Income Tax Expense (Benefit) | The components of income tax expense (benefit) for each of the last three fiscal years are as follows:
(In thousands) |  | 2021 |  | 2020 |  | 2019
Current |  |  |  |  |  |
Federal |  | $ | 11,495 |  |  | $ | 8,493 |  |  | $ | 22,746 |
State and local |  | 702 |  |  | 2,064 |  |  | (4,437) |
International |  | 1,642 |  |  | (2,720) |  |  | (459) |
Total current |  | 13,839 |  |  | 7,837 |  |  | 17,850 |
Deferred |  |  |  |  |  |
Federal |  | (2,860) |  |  | 9,513 |  |  | (12,409) |
State and local |  | 538 |  |  | 2,152 |  |  | 6,275 |
International |  | (4,138) |  |  | (1,202) |  |  | 628 |
Total deferred |  | (6,460) |  |  | 10,463 |  |  | (5,506) |
Total non-current tax (benefit) expense |  | (204) |  |  | (464) |  |  | 624 |
Total income tax expense |  | $ | 7,175 |  |  | $ | 17,836 |  |  | $ | 12,968 |
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:
|  | 2021 |  | 2020 |  | 2019
Statutory federal income tax rate |  | 21.0 | % |  | 21.0 | % |  | 21.0 | %
State and local income taxes, net of federal tax benefit |  | 1.0 |  |  | 4.0 |  |  | 2.7 |
Foreign tax rate differential |  | 4.6 |  |  | (0.3) |  |  | 0.8 |
Nondeductible goodwill impairment expense |  | 5.6 |  |  | — |  |  | — |
Research & development tax credit |  | (5.3) |  |  | (1.6) |  |  | (2.7) |
§162(m) Executive Compensation Limitation |  | 3.6 |  |  | — |  |  | — |
Other, net |  | 1.2 |  |  | (0.7) |  |  | 0.3 |
Consolidated effective income tax rate |  | 31.7 | % |  | 22.4 | % |  | 22.1 | %
Schedule of Deferred Tax Assets and Liabilities | Deferred tax assets and deferred tax liabilities at February 27, 2021 and February 29, 2020 were:
(In thousands) |  | 2021 |  | 2020
Deferred tax assets |  |  |  |
Accrued expenses |  | $ | 6,309 |  |  | $ | 15,832 |
Deferred compensation |  | 9,452 |  |  | 7,934 |
Employment tax accrual |  | 1,483 |  |  | — |
Goodwill and other intangibles |  | 4,215 |  |  | — |
Liability for unrecognized tax benefits |  | 1,916 |  |  | 1,941 |
Unearned income |  | 5,778 |  |  | 5,238 |
Operating lease liabilities |  | 16,039 |  |  | 6,640 |
Net operating losses and tax credits |  | 9,952 |  |  | 11,093 |
Other |  | 1,984 |  |  | 1,502 |
Total deferred tax assets |  | 57,128 |  |  | 50,180 |
Less: valuation allowance |  | (7,435) |  |  | (8,727) |
Deferred tax assets, net of valuation allowance |  | 49,693 |  |  | 41,453 |
(In thousands) |  | 2021 |  | 2020
Deferred tax liabilities |  |  |  |
Accrued expenses |  | 1,095 |  |  | — |
Goodwill and other intangibles |  | 3,263 |  |  | 8,166 |
Depreciation |  | 34,573 |  |  | 32,296 |
Operating lease, right-of-use assets |  | 15,435 |  |  | 6,666 |
Other |  | 820 |  |  | — |
Total deferred tax liabilities |  | 55,186 |  |  | 47,128 |
Net deferred tax liabilities |  | $ | (5,493) |  |  | $ | (5,675) |
Schedule of Unrecognized Tax Benefits Roll Forward | The following table provides a reconciliation of the total amounts of gross unrecognized tax benefits:
(In thousands) |  | 2021 |  | 2020 |  | 2019
Gross unrecognized tax benefits at beginning of year |  | $ | 4,071 |  |  | $ | 5,111 |  |  | $ | 4,705 |
Gross increases in tax positions for prior years |  | 106 |  |  | 82 |  |  | 500 |
Gross decreases in tax positions for prior years |  | (351) |  |  | (1,100) |  |  | (377) |
Gross increases based on tax positions related to the current year |  | 429 |  |  | 425 |  |  | 1,067 |
Settlements |  | (96) |  |  | (15) |  |  | (303) |
Statute of limitations expiration |  | (404) |  |  | (432) |  |  | (481) |
Gross unrecognized tax benefits at end of year |  | $ | 3,755 |  |  | $ | 4,071 |  |  | $ | 5,111 |

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