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Financial Instruments (Tables) | 12 Months Ended
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Feb. 26, 2022
Marketable Securities [Abstract] |
Amortized cost, gross unrealized gains and losses, and estimated fair values of investments available for sale |
(In thousands) |  | Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Estimated Fair Value
February 26, 2022 |  | $ | 11,862 |  |  | $ | 45 |  |  | $ | 123 |  |  | $ | 11,784 |
February 27, 2021 |  | 12,517 |  |  | 386 |  |  | 10 |  |  | 12,893 |
Schedule of amortized cost and estimated fair values of investments by contractual maturity | The amortized cost and estimated fair values of our municipal and corporate bonds at February 26, 2022, by contractual maturity, are shown below. Expected maturities may differ from contractual maturities, as borrowers may have the right to call or prepay obligations with or without penalty. Gross realized gains and losses were insignificant for all periods presented.
(In thousands) |  | Amortized Cost |  | Estimated Fair Value
Due within one year |  | $ | 1,206 |  |  | $ | 1,212 |
Due after one year through five years |  | 9,158 |  |  | 9,109 |
Due after five years through 10 years |  | 698 |  |  | 669 |
Due beyond 15 years |  | 800 |  |  | 794 |
Total |  | $ | 11,862 |  |  | $ | 11,784 |
Schedule of financial assets and liabilities measured at fair value on a recurring basis | Financial assets and liabilities measured at fair value on a recurring basis were:
(In thousands) |  | Quoted Prices in Active Markets (Level 1) |  | Other Observable Inputs (Level 2) |  | Total Fair Value
February 26, 2022 |  |  |  |  |  |
Assets: |  |  |  |  |  |
Money market funds |  | $ | 19,288 |  |  | $ | — |  |  | $ | 19,288 |
Municipal and corporate bonds |  | — |  |  | 11,784 |  |  | 11,784 |
Cash surrender value of life insurance |  | — |  |  | 17,831 |  |  | 17,831 |
Aluminum hedging contract |  | — |  |  | 2,133 |  |  | 2,133 |
Interest rate swap contract |  | — |  |  | 718 |  |  | 718 |
Liabilities: |  |  |  |  |  |
Deferred compensation |  | — |  |  | 12,491 |  |  | 12,491 |
Foreign currency forward/option contract |  | — |  |  | 161 |  |  | 161 |
February 27, 2021 |  |  |  |  |  |
Assets: |  |  |  |  |  |
Money market funds |  | $ | 26,034 |  |  | $ | — |  |  | $ | 26,034 |
Municipal and corporate bonds |  | — |  |  | 12,893 |  |  | 12,893 |
Cash surrender value of life insurance |  | — |  |  | 18,632 |  |  | 18,632 |
Foreign currency forward/option contract |  | — |  |  | 606 |  |  | 606 |
Aluminum hedging contract |  | — |  |  | 363 |  |  | 363 |
Liabilities: |  |  |  |  |  |
Deferred compensation |  | — |  |  | 13,507 |  |  | 13,507 |
Interest rate swap contract |  | — |  |  | 504 |  |  | 504 |

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- Definition Tabular disclosure of the reconciliation of available-for-sale securities from cost basis to fair value. + References No definition available. + Details
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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123874694&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123874694&loc=d3e19207-110258 + Details
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