Container Store (TCSGQ) 10-Q 10 Jan 14 2013 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Nov. 30, 2013	Dec. 31, 2013
Document and Entity Information	'	'
Entity Registrant Name	'Container Store Group, Inc.	'
Entity Central Index Key	'0001411688	'
Document Type	'10-Q	'
Document Period End Date	30-Nov-13	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--03-01	'
Entity Current Reporting Status	'Yes	'
Entity Filer Category	'Non-accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	47,922,842
Document Fiscal Year Focus	'2013	'
Document Fiscal Period Focus	'Q3	'

Consolidated_balance_sheets

Consolidated balance sheets (USD $)	Nov. 30, 2013	Mar. 02, 2013	Nov. 24, 2012
In Thousands, unless otherwise specified
Current assets:	'	'	'
Cash	$10,822	$25,351	$19,875
Accounts receivable, net	28,088	25,536	24,380
Inventory	105,124	82,443	96,106
Prepaid expenses and other current assets	24,297	21,284	20,359
Forward contracts	0	1,103	615
Deferred tax assets, net	1,505	1,505	1,203
Total current assets	169,836	157,222	162,538
Noncurrent assets:	'	'	'
Property and equipment, net	150,142	141,177	136,901
Goodwill	202,815	202,815	202,815
Trade names	241,138	241,940	255,100
Deferred financing costs, net	10,188	8,745	9,114
Other assets	841	921	834
Total noncurrent assets	605,124	595,598	604,764
Total assets	774,960	752,820	767,302
Current liabilities:	'	'	'
Accounts payable	57,365	54,334	52,867
Accrued liabilities	57,211	52,330	53,429
Income taxes payable	496	2,650	1,398
Secured revolving credit, Sweden	16,679	13,482	17,027
Current portion of long-term debt	8,975	9,023	8,878
Total current liabilities	140,726	131,819	133,599
Noncurrent liabilities:	'	'	'
Long-term debt	342,863	276,348	293,711
Deferred tax liabilities, net	89,837	87,770	88,366
Deferred rent and other long-term liabilities	24,252	23,508	22,227
Total noncurrent liabilities	456,952	387,626	404,304
Total liabilities	597,678	519,445	537,903
Shareholders' equity:	'	'	'
Common stock, $0.01 par value, 250,000,000 shares authorized, 47,922,842 shares issued and outstanding at November 30, 2013; 3,528,280 shares authorized, 2,942,326 shares issued and 2,929,466 shares outstanding at March 2, 2013; 3,528,280 shares authorized, 2,942,326 shares issued and 2,928,490 shares outstanding at November 24, 2012	479	29	29
Preferred stock, $0.01 par value:	'	'	'
Additional paid-in capital	852,698	455,246	455,121
Accumulated other comprehensive income	716	2,713	965
Retained deficit	-676,611	-223,830	-225,924
Treasury stock, no shares, 13,426, and 14,394 shares as of November 30, 2013, March 2, 2013, and November 24, 2012, respectively	'	-787	-796
Total shareholders' equity	177,282	233,375	229,399
Total liabilities and shareholders' equity	774,960	752,820	767,302
Senior cumulative preferred stock	'	'	'
Preferred stock, $0.01 par value:	'	'	'
Preferred stock	'	2	2
Total shareholders' equity	'	2	'
Junior cumulative preferred stock	'	'	'
Preferred stock, $0.01 par value:	'	'	'
Preferred stock	'	2	2
Total shareholders' equity	'	$2	'

Consolidated_balance_sheets_Pa

Consolidated balance sheets (Parenthetical) (USD $)	Nov. 30, 2013	Mar. 02, 2013	Nov. 24, 2012
Common stock, par value (in dollars per share)	$0.01	$0.01	$0.01
Common stock, shares authorized	250,000,000	3,528,280	3,528,280
Common stock, shares issued	47,922,842	2,942,326	2,942,326
Common stock, shares outstanding	47,922,842	2,929,466	2,928,490
Preferred stock, par value (in dollars per share)	$0.01	$0.01	$0.01
Treasury stock, shares	0	13,426	14,394
Senior cumulative preferred stock	'	'	'
Preferred stock, shares authorized	0	250,000	250,000
Preferred stock, shares issued	0	202,480	202,480
Preferred stock, shares outstanding	0	202,196	202,200
Junior cumulative preferred stock	'	'	'
Preferred stock, shares authorized	0	250,000	250,000
Preferred stock, shares issued	0	202,480	202,480
Preferred stock, shares outstanding	0	202,196	202,200

Consolidated_statements_of_ope

Consolidated statements of operations (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Share data, unless otherwise specified	Nov. 30, 2013	Nov. 24, 2012	Nov. 30, 2013	Nov. 24, 2012
Consolidated statements of operations	'	'	'	'
Net sales	$188,298	$175,416	$531,716	$489,732
Cost of sales (excluding depreciation and amortization)	75,359	71,302	218,176	202,463
Gross profit	112,939	104,114	313,540	287,269
Selling, general, and administrative expenses (excluding depreciation and amortization)	88,797	81,715	257,870	237,022
Stock-based compensation	14,641	157	14,854	157
Pre-opening costs	1,827	2,137	5,761	6,573
Depreciation and amortization	7,569	7,336	22,620	21,825
Restructuring charges	111	2,056	472	4,365
Other expenses	869	335	1,495	817
(Gain) loss on disposal of assets	-4	92	70	87
(Loss) income from operations	-871	10,286	10,398	16,423
Interest expense, net	5,782	5,131	16,856	16,021
Loss on extinguishment of debt	128	4	1,229	7,333
(Loss) income before taxes	-6,781	5,151	-7,687	-6,931
Provision (benefit) for income taxes	2,705	-1,711	2,487	-4,708
Net (loss) income	-9,486	6,862	-10,174	-2,223
Less: Distributions accumulated to preferred shareholders	-15,597	-22,456	-59,747	-65,410
Net loss available to common shareholders	($25,083)	($15,594)	($69,921)	($67,633)
Basic and diluted net loss per common share (in dollars per share)	($1.39)	($5.32)	($8.78)	($23.08)
Weighted-average common shares outstanding - basic and diluted (in shares)	18,036,633	2,928,964	7,965,089	2,929,928

Consolidated_statements_of_com

Consolidated statements of comprehensive income (loss) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Nov. 30, 2013	Nov. 24, 2012	Nov. 30, 2013	Nov. 24, 2012
Consolidated statements of comprehensive income (loss)	'	'	'	'
Net (loss) income	($9,486)	$6,862	($10,174)	($2,223)
Unrealized gain (loss) on financial instruments, net of taxes of $(171), $(420), $(0), and $(427)	17	-511	-1,104	-116
Pension liability adjustment	-16	5	18	9
Foreign currency translation adjustment	1,283	-43	-911	-1,227
Comprehensive (loss) income	($8,202)	$6,313	($12,171)	($3,557)

Consolidated_statements_of_com1

Consolidated statements of comprehensive income (loss) (Parenthetical) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Nov. 30, 2013	Nov. 24, 2012	Nov. 30, 2013	Nov. 24, 2012
Consolidated statements of comprehensive income (loss)	'	'	'	'
Unrealized gain (loss) on financial instruments, taxes	($171)	($420)	$0	($427)

Consolidated_statements_of_sha

Consolidated statements of shareholders' equity (USD $)	Total	Common Stock	Additional Paid-In Capital	Accumulated Other Comprehensive Income	Accumulated Deficit	Treasury Stock	Senior Preferred	Junior Preferred
In Thousands, except Share data, unless otherwise specified
Balance at Mar. 02, 2013	$233,375	$29	$455,246	$2,713	($223,830)	($787)	$2	$2
Balance (in shares) at Mar. 02, 2013	'	2,942,326	'	'	'	-13,426	202,480	202,480
Increase (Decrease) in Stockholders' Equity	'	'	'	'	'	'	'	'
Net loss	-10,174	'	'	'	-10,174	'	'	'
Payment of distributions to preferred shareholders	-295,813	'	'	'	-295,813	'	'	'
Exchange preferred shares for common shares	'	306	146,479	'	-146,781	'	-2	-2
Exchange preferred shares for common shares (in shares)	'	30,619,083	'	'	'	'	-202,182	-202,182
Issuance of stock in initial public offering, net of costs	237,021	144	236,877	'	'	'	'	'
Issuance of stock in initial public offering, net of costs (in shares)	'	14,375,000	'	'	'	'	'	'
Tax effect of initial public offering costs	70	'	70	'	'	'	'	'
Additions of treasury stock	-53	'	'	'	'	-53	'	'
Additions of treasury stock (in shares)	'	'	'	'	'	-737	'	'
Retirement of treasury stock	'	'	-827	'	-13	840	'	'
Retirement of treasury stock (in shares)	'	-13,567	'	'	'	14,163	-298	-298
Fractional shares payout	-1	'	-1	'	'	'	'	'
Stock-based compensation	14,854	'	14,854	'	'	'	'	'
Foreign currency translation adjustment	-911	'	'	-911	'	'	'	'
Unrealized loss on financial instruments, net of taxes of $0	-1,104	'	'	-1,104	'	'	'	'
Pension liability adjustment, net of amortization	18	'	'	18	'	'	'	'
Balance at Nov. 30, 2013	$177,282	$479	$852,698	$716	($676,611)	'	'	'
Balance (in shares) at Nov. 30, 2013	'	47,922,842	'	'	'	'	'	'

Consolidated_statements_of_sha1

Consolidated statements of shareholders' equity (Parenthetical) (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Nov. 30, 2013	Nov. 24, 2012	Nov. 30, 2013	Nov. 24, 2012	Mar. 02, 2013
Consolidated statements of shareholders' equity	'	'	'	'	'
Common stock, par value (in dollars per share)	$0.01	$0.01	$0.01	$0.01	$0.01
Unrealized loss on financial instruments, taxes	($171)	($420)	$0	($427)	'

Consolidated_statements_of_cas

Consolidated statements of cash flows (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Nov. 30, 2013	Nov. 24, 2012
Operating activities	'	'
Net loss	($10,174)	($2,223)
Adjustments to reconcile net loss to net cash provided by operating activities:	'	'
Depreciation and amortization	22,620	21,825
Stock-based compensation	14,854	157
Loss on disposal of property and equipment	70	87
Deferred tax expense (benefit)	1,540	-6,891
Noncash interest	1,367	1,092
Noncash refinancing expense	851	4,843
Other noncash items	86	'
Changes in operating assets and liabilities:	'	'
Accounts receivable	-2,667	-3,745
Inventory	-22,748	-24,936
Prepaid expenses and other assets	-2,506	-5,346
Accounts payable and accrued liabilities	7,804	20,579
Income taxes payable	-1,531	-70
Other noncurrent liabilities	634	1,723
Net cash provided by operating activities	10,200	7,095
Investing activities	'	'
Additions to property and equipment	-32,117	-37,078
Proceeds from sale of property and equipment	408	297
Net cash used in investing activities	-31,709	-36,781
Financing activities	'	'
Borrowings on revolving lines of credit	50,098	62,527
Payments on revolving lines of credit	-46,694	-56,555
Borrowings on long-term debt	120,000	290,000
Payments on long-term debt	-53,580	-287,437
Payment of debt issuance costs	-3,662	-9,842
Proceeds from issuance of common stock, net	237,021	'
Payment of distributions to preferred shareholders	-295,826	'
Purchase of treasury shares	-53	-189
Net cash provided by (used in) financing activities	7,304	-1,496
Effect of exchange rate changes on cash	-324	-106
Net decrease in cash	-14,529	-31,288
Cash at beginning of period	25,351	51,163
Cash at end of period	10,822	19,875
Supplemental disclosures of non-cash activities:	'	'
Exchange of outstanding preferred shares for common shares	$551,145	'

Nature_of_business_and_summary

Nature of business and summary of significant policies	9 Months Ended
	Nov. 30, 2013
Nature of business and summary of significant policies	'
Nature of business and summary of significant policies	'
	1. Nature of business and summary of significant policies
	Nature of business
	Description of business
	The Container Store, Inc. was founded in 1978 in Dallas, Texas, as a retailer with a mission to provide customers with storage and organization solutions through an assortment of innovative products and unparalleled customer service.  As of November 30, 2013, The Container Store, Inc. operates 63 stores with an average size of approximately 19,000 selling square feet in 22 states and the District of Columbia.  The Container Store, Inc. also offers all of its products directly to its customers through its website and call center. The Container Store, Inc.’s wholly owned Swedish subsidiary, Elfa International AB (“Elfa”) designs and manufactures component-based shelving and drawer systems that are customizable for any area of the home.   elfa® branded products are sold exclusively in the United States in The Container Store® retail stores, website, and call center and Elfa sells to various retailers and distributors primarily in the Nordic region and throughout Europe on a wholesale basis. In 2007, The Container Store, Inc. was sold to The Container Store Group, Inc. (the “Company” and formerly known as TCS Holdings, Inc.), a holding company, of which a majority stake was purchased by Leonard Green and Partners, L.P. (“LGP”), with the remainder held by certain employees of The Container Store, Inc.
	On October 31, 2013, the Company’s board of directors approved a 5.9-for-one stock split of its existing common shares. All share and per share information has been retroactively adjusted to reflect the stock split.
	On November 6, 2013, the Company completed its initial public offering (“IPO”). In connection with its IPO, the Company issued and sold 14,375,000 shares of its common stock at a price of $18.00 per share. Upon completion of the IPO, the Company received net proceeds of $237,021, after deducting the underwriting discount of $17,466 and offering expenses of $4,263. On November 6, 2013, net proceeds of $205,813  from the IPO were applied as follows: (i) a distribution was made to all 140 holders of the Company’s 12% Senior Cumulative Preferred Stock (the “Senior Preferred Stock”) (including LGP and 130 of its current and former employees), which reduced the liquidation preference of such shares until such liquidation preference was reduced to $1,000.00 per share and (ii)  a distribution was made to all 140 holders of the Company’s 12% Junior Cumulative Preferred Stock (the “Junior Preferred Stock”) (including LGP and 130 of its current and former employees), which reduced the liquidation preference of such shares. On November 8, 2013, net proceeds from the IPO of $31,000 were used to repay a portion of the outstanding borrowings under the Senior Secured Term Loan Facility (as defined below). The remaining $208 of net proceeds from the IPO was used for other operating activities.
	On November 6, 2013, the Company exchanged each outstanding share of its Senior Preferred Stock and Junior Preferred Stock for 30,619,083 shares of its common stock (the “Exchange”).  You may refer to Note 9 of these financial statements for further information regarding the Exchange and other shareholders’ equity transactions during the period.
	Seasonality
	The Company’s business is moderately seasonal in nature and, therefore, the results of operations for the thirty-nine weeks ended November 30, 2013 are not necessarily indicative of the operating results of the full year. Demand is generally the highest in the fourth fiscal quarter due to Our Annual elfa® Sale, and lowest in the first fiscal quarter.
	Summary of significant policies
	These unaudited interim consolidated financial statements should be read in conjunction with the Company’s audited consolidated financial statements and related notes as of and for the fiscal year ended March 2, 2013 included in the Company’s final prospectus, dated October 31, 2013 and filed with the Securities and Exchange Commission (“SEC”) on November 1, 2013 (the “October 31, 2013 Prospectus”), constituting part of the Company’s Registration Statement on Form S-1, as amended (Registration No. 333-191465), and filed with the SEC.
	Basis of presentation
	The accompanying unaudited condensed consolidated financial statements include The Container Store Group, Inc. and its wholly owned subsidiaries. All significant intercompany accounts, transactions, and balances have been eliminated in consolidation. The financial statements have been prepared in accordance with U.S. Generally Accepted Accounting Principles (“GAAP”) for interim financial information and applicable rules and regulations of the SEC regarding interim financial reporting. The consolidated balance sheets as of November 30, 2013 and November 24, 2012, the consolidated statements of operations and the consolidated statements of comprehensive income (loss) for the thirteen and thirty-nine weeks then ended, the consolidated statements of shareholders’ equity and the consolidated statements of cash flows for the thirty-nine weeks then ended have been prepared by the Company and are unaudited. In the opinion of management, the interim financial statements reflect all normal recurring adjustments necessary to present fairly the financial position at the balance sheet dates and the results of operations for the periods presented. The consolidated balance sheet as of March 2, 2013 has been derived from the audited consolidated balance sheet for the fiscal year then ended.
	Fiscal Year
	The Company follows a 5-4-4 fiscal calendar, whereby each fiscal quarter consists of thirteen weeks grouped into one five-week “month” and two four-week “months,” and its fiscal year ends on the Saturday closest to February 28th.
	Stock-Based Compensation
	The Company accounts for stock-based compensation in accordance with Financial Accounting Standards Board Accounting Standards Codification (“ASC”) No. 718,  Compensation-Stock Compensation, which requires the fair value of stock-based payments to be recognized in the consolidated financial statements as compensation expense over the requisite service period. Compensation expense based upon the fair value of awards is recognized on a straight line basis, net of forfeitures, over the requisite service period for awards that actually vest. Stock-based compensation expense is recorded in the stock-based compensation line in the consolidated statements of operations.
	The Company estimates the fair value of each stock option grant on the date of grant based upon the Black-Scholes option-pricing model. This model requires various significant judgmental assumptions in order to derive a final fair value determination for each type of award including:
	·                  Expected Term — The expected term of the options represents the period of time between the grant date of the options and the date the options are either exercised or canceled, including an estimate of options still outstanding.
	·                  Expected Volatility — The expected volatility incorporates historical and implied volatility of comparable public companies for a period approximating the expected term.
	·                  Expected Dividend Yield — The expected dividend yield is based on the Company’s expectation of not paying dividends on its common stock for the foreseeable future.
	·                  Risk-Free Interest Rate — The risk-free interest rate is based on the U.S. Treasury yield curve in effect at the time of grant and with a maturity that approximates the expected term.
	Foreign Currency Translation
	The functional currency of the Company’s foreign operations is the applicable country’s currency. The functional currency for the Company’s wholly owned subsidiary, Elfa, is the Swedish krona. All assets and liabilities of foreign subsidiaries and affiliates are translated at period-end rates of exchange. Revenues and expenses of foreign subsidiaries and affiliates are translated at weighted-average rates of exchange for the period. Realized gains and losses on purchases of inventory are included in cost of sales. All other realized gains and losses are included in selling, general, and administrative expenses in the consolidated statements of operations. Unrealized gains and losses are reported as cumulative translation adjustments through other comprehensive income (loss). The rates of exchange from Swedish krona to U.S. dollar were 6.5, 6.5, and 6.7 as of November 30, 2013, March 2, 2013, and November 24, 2012, respectively. The carrying amounts of net assets related to Elfa and subject to currency fluctuation were $151,950, $142,840, and $163,520 as of November 30, 2013, March 2, 2013, and November 24, 2012, respectively.
	Management Estimates
	The preparation of the Company’s consolidated financial statements requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses, and disclosure of contingent assets and liabilities. Actual results could differ from those estimates.
	Reclassifications
	Certain prior period amounts have been reclassified in order to provide consistent comparative information. These reclassifications do not materially impact the unaudited consolidated financial statements for the prior periods presented.

Longterm_debt_and_revolving_li

Long-term debt and revolving lines of credit	9 Months Ended
	Nov. 30, 2013
Long-term debt and revolving lines of credit	'
Long-term debt and revolving lines of credit	'
	2.                                      Long-term debt and revolving lines of credit
	On April 6, 2012, The Container Store, Inc.’s debt was refinanced. In connection with the refinancing, a new $275,000 Secured Term Loan Facility (the “Senior Secured Term Loan Facility”) was entered into. The Senior Secured Term Loan Facility replaced the previously existing $125,000 secured term loan and $150,000 of senior subordinated notes.  In addition, a new $75,000 Revolving Credit Facility (the “Revolving Credit Facility”) was entered into replacing the previously existing $75,000 asset-based revolving credit facility (these transactions are referred to collectively as the “Refinancing Transaction”). The Company recorded expenses of $7,333 in fiscal 2012 associated with the Refinancing Transaction. This amount consisted of $1,655 related to an early extinguishment fee on the senior subordinated notes and $4,843 of deferred financing costs where accelerated amortization was required. The Company also recorded legal fees and other associated costs of $835.
	On April 8, 2013, The Container Store, Inc. executed an amendment to the Senior Secured Term Loan Facility (the “Increase and Repricing Transaction”). Under the amendment, borrowings under the Senior Secured Term Loan Facility were increased to $362,250. Borrowings under the amended Senior Secured Term Loan Facility accrued interest at a new lower rate of LIBOR + 4.25%, subject to a LIBOR floor of 1.25% and the maturity date remained as April 6, 2019. Additionally, the amendment eliminated the senior secured leverage ratio requirement. The amendment did not eliminate the restrictions on the ability of the Company’s subsidiaries to incur additional liens and indebtedness, make investments and dispositions, pay dividends or make other distributions, make loans, prepay certain indebtedness and enter into sale and lease back transactions. The Company recorded expenses of $1,101 during the thirty-nine weeks ended November 30, 2013 associated with the Increase and Repricing Transaction (all of which was incurred in the first quarter of 2013). The amount consisted of $723 of deferred financing costs where accelerated amortization was required. Legal fees and other associated costs of $378 were also recorded. You may refer to Note 9 in these interim financial statements for a discussion of the $90,000 distribution payment to senior preferred shareholders that was funded by the increased borrowings.
	On November 8, 2013, net proceeds of $31,000 from the IPO were used to repay a portion of the outstanding borrowings under the Senior Secured Term Loan Facility.
	On November 27, 2013, The Container Store, Inc. executed a second amendment to the Senior Secured Term Loan Facility (the “Repricing Transaction”). Under the amended Senior Secured Term Loan Facility, borrowings accrue interest at a new lower rate of LIBOR + 3.25%, subject to a LIBOR floor of 1.00% and the maturity date remained as April 6, 2019. The second amendment did not eliminate the restrictions on the ability of the Company’s subsidiaries to incur additional liens and indebtedness, make investments and dispositions, pay dividends or make other distributions, make loans, prepay certain indebtedness and enter into sale and lease back transactions. The Company recorded expenses of $128, where accelerated amortization was required, during the thirteen weeks ended November 30, 2013 associated with the Repricing Transaction.
	Long-term debt and revolving lines of credit consist of the following:
		November 30,			March 2,			November 24,
		2013			2013			2012
	Secured term loan, U.S.	$	329,439		$	272,938		$	273,625
	Secured term loan, Sweden	2,864			5,812			6,570
	Secured revolving credit, U.S.	14,000			—			15,000
	Mortgage and other loans	5,535			6,621			7,394
		351,838			285,371			302,589
	Less current portion	(8,975		)	(9,023		)	(8,878		)
		$	342,863		$	276,348		$	293,711
	Secured revolving credit, Sweden	$	16,679		$	13,482		$	17,027

Inventory

Inventory	9 Months Ended
	Nov. 30, 2013
Inventory	'
Inventory	'
	3.                                      Inventory
	The components of inventory are summarized below:
		November 30,		March 2,		November 24,
		2013		2013		2012
	Raw materials	$	5,011	$	5,657	$	6,404
	Work-in-progress	1,618		1,983		1,948
	Finished goods	98,495		74,803		87,754
		$	105,124	$	82,443	$	96,106

Net_income_loss_per_share

Net income (loss) per share	9 Months Ended
	Nov. 30, 2013
Net income (loss) per share	'
Net income (loss) per share	'
	4.                                      Net income (loss) per share
	Basic net income (loss) per common share is computed as net income (loss) available to common shareholders divided by the weighted average number of common shares outstanding for the period. Net income (loss) available to common shareholders is computed as net income (loss) less accumulated distributions to preferred shareholders for the period.
	The following is a reconciliation of net income (loss) available to common shareholders and the number of shares used in the basic and diluted net loss per share calculations:
		Thirteen Weeks Ended						Thirty-Nine Weeks Ended
		November 30,			November 24,			November 30,			November 24,
		2013			2012			2013			2012
	Numerator:
	Net (loss) income	$	(9,486	)	$	6,862		$	(10,174	)	$	(2,223	)
	Less: Distributions accumulated to preferred shareholders	(15,597		)	(22,456		)	(59,747		)	(65,410		)
	Net loss available to common shareholders	$	(25,083	)	$	(15,594	)	$	(69,921	)	$	(67,633	)
	Denominator:
	Weighted average common shares outstanding — basic and diluted	18,036,633			2,928,964			7,965,089			2,929,928
	Basic and diluted net loss per common share	$	(1.39	)	$	(5.32	)	$	(8.78	)	$	(23.08	)
	Antidilutive securities not included:
	Stock options outstanding	319,190			—			140,527			—

Pension_plan

Pension plan	9 Months Ended
	Nov. 30, 2013
Pension plan	'
Pension plan	'
	5.                                      Pension plan
	The Company provides pension benefits to the employees of Elfa under collectively bargained pension plans in Sweden, which are recorded in other long-term liabilities. The defined benefit plan provides benefits for participating employees based on years of service and final salary levels at retirement. The defined benefit plans are unfunded and approximately 2% of Elfa employees are participants in the defined benefit pension plan. Certain employees also participate in defined contribution plans for which Company contributions are determined as a percentage of participant compensation. The Company contributed $2,117 and $2,281 for defined contribution plans in the thirty-nine weeks ended November 30, 2013 and November 24, 2012, respectively.

Income_taxes

Income taxes	9 Months Ended
	Nov. 30, 2013
Income taxes	'
Income taxes	'
	6.                                      Income taxes
	The Company’s effective income tax rate for the thirty-nine weeks ended November 30, 2013 was (32.4%) compared to 67.9% for the thirty-nine weeks ended November 24, 2012. The effective income tax rates fell below the federal statutory rate in 2013 primarily due to $5,707 of tax expense resulting from a valuation allowance recorded on the IPO-related stock-based compensation deferred tax asset recorded in the third quarter and $719 of tax expense resulting from a valuation allowance recorded on deferred tax assets of certain foreign subsidiaries of the Company.  The effective income tax rates exceeded the federal statutory rate in 2012 primarily due to decreases in the valuation allowance on deferred tax assets and a $3,742 tax benefit recorded in 2012 related a reduction in statutory Swedish tax rates and special economic zone incentives in Poland.

Commitments_and_contingencies

Commitments and contingencies	9 Months Ended
	Nov. 30, 2013
Commitments and contingencies	'
Commitments and contingencies	'
	7.                                      Commitments and contingencies
	In connection with insurance policies, The Container Store, Inc. has outstanding standby letters of credit totaling $2,986 as of November 30, 2013.
	The Company is subject to various legal proceedings and claims, including employment claims, wage and hour claims, intellectual property claims, contractual and commercial disputes and other matters that arise in the ordinary course of business. While the outcome of these and other claims cannot be predicted with certainty, management does not believe that the outcome of these matters will have a material adverse effect on the Company’s business, results of operations, or financial condition on an individual basis or in the aggregate.

Stockbased_compensation

Stock-based compensation	9 Months Ended
	Nov. 30, 2013
Stock-based compensation	'
Stock-based compensation	'
	8.                                      Stock-based compensation
	In fiscal 2012, the Company implemented the 2012 Stock Option Plan of The Container Store Group, Inc. (“2012 Equity Plan”). The 2012 Equity Plan provides for grants of nonqualified stock options and incentive stock options.  On October 31, 2013, the Company’s board of directors approved the modification of 240,435 outstanding stock options granted under the 2012 Equity Plan to provide for immediate vesting. The Company recognized approximately $1,594 of compensation expense in the thirteen weeks ended November 30, 2013 related to the modification of these stock options.
	On October 16, 2013, the Company’s board of directors approved the 2013 Incentive Award Plan (“2013 Equity Plan”). The 2013 Equity Plan provides for grants of nonqualified stock options, incentive stock options, restricted stock, restricted stock units, deferred stock awards, deferred stock units, stock appreciation rights, dividends equivalents, performance awards, and stock payments. There were 3,616,570 shares reserved for issuance under the 2013 Equity Plan.
	On October 31, 2013, the Company granted 2,622,721 nonqualified stock options under the 2013 Equity Plan to its directors and certain of its employees. The stock options granted were approved by the Company’s board of directors and consisted of nonqualified stock options as defined by the IRS for corporate and individual tax reporting purposes. There were 1,666,066 options granted that immediately vested upon closing of the IPO on November 6, 2013. The remaining stock options granted will vest in equal annual installments over 7 years. The Company recognized $13,008 of compensation expense in the thirteen weeks ended November 30, 2013 related to the 2013 Equity Plan options granted.
	Stock-based compensation cost is measured at the grant date fair value and is recognized as an expense in the consolidated statements of operations, on a straight-line basis over the employee’s requisite service period (generally the vesting period of the equity grant). The Company estimates forfeitures for option grants that are not expected to vest. Stock-based compensation cost recognized in the thirteen and thirty-nine weeks ended November 30, 2013 totaled $14,641 and $14,854, respectively. Stock-based compensation cost recognized in the thirteen and thirty-nine weeks ended November 24, 2012 totaled $157. As of November 30, 2013, there was a remaining unrecognized compensation cost of $7,916 (net of estimated forfeitures) that the Company expects to be recognized on a straight-line basis over an average remaining service period of approximately 6.9 years.
	The following table summarizes the Company’s stock option activity during the thirty-nine weeks ended November 30, 2013:
		Shares		Weighted-		Weighted-average
				average		contractual
				exercise price		term
						remaining
				(Per share data)		(In Years)
	Balance at March 2, 2013:	244,064		$	17.01	—
	Granted	2,622,721		$	18	—
	Exercised	—		—		—
	Canceled	(7,627	)	$	17.49	—
	Balance at November 30, 2013	2,859,158		$	17.92	9.81
	The aggregate intrinsic value of the 2,859,158 stock options outstanding is $65,112.  The Company has 1,906,017 exercisable stock options as of November 30, 2013 with a weighted average exercise price of $17.88 and an aggregate intrinsic value of $43,485.
	The fair value of stock options is estimated on the date of the grant using the Black-Scholes option pricing model with the following weighted-average assumptions:
	·                  Expected Term — The expected term of the options represents the period of time between the grant date of the options and the date the options are either exercised or canceled, including an estimate of options still outstanding.  The Company utilized the simplified method for calculating the expected term for stock options as we do not have sufficient historical data to calculate based on actual exercise and forfeiture activity.
	·                  Expected Volatility — The expected volatility incorporates historical and implied volatility of comparable public companies for a period approximating the expected term.
	·                  Expected Dividend Yield — The expected dividend yield is based on the Company’s expectation of not paying dividends on its common stock for the foreseeable future.
	·                  Risk-Free Interest Rate — The risk-free interest rate is based on the U.S. Treasury yield curve in effect at the time of grant and with a maturity that approximates the expected term.
	The following table summarizes the weighted-average assumptions used to measure the grant date fair value of the non-qualified stock options granted under the 2013 Equity Plan using the Black Scholes option pricing model for the thirty-nine weeks ended November 30, 2013:
		Thirty-Nine Weeks Ended
		November 30, 2013
	Expected term	5.7 years
	Expected volatility	48.28	%
	Risk-free interest rate	1.49	%
	Expected dividend yield	0	%

Shareholders_equity

Shareholders' equity	9 Months Ended
	Nov. 30, 2013
Shareholders' equity	'
Shareholders' equity	'
	9.                                      Shareholders’ equity
	Common stock
	On August 16, 2007, the Company issued 2,942,326 shares of common stock (giving effect to the stock split discussed below) with a par value of $0.01 per share at a price of $17.01 per share. The holders of common stock are entitled to one vote per common share. The holders have no preemptive or other subscription rights and there are no redemptions or sinking fund provisions with respect to such shares. Common stock is subordinate to any preferred stock outstanding with respect to rights upon liquidation and dissolution of the Company.
	On October 31, 2013, the Company’s board of directors retired 13,567 shares of common stock (giving effect to the stock split discussed below) held in treasury.
	On October 31, 2013, the Company’s board of directors approved a 5.9-for-one stock split of its existing common shares. All share and per share information has been retroactively adjusted to reflect the stock split.
	On November 6, 2013, the Company completed its IPO. In connection with its IPO, the Company issued and sold 14,375,000 shares of its common stock at a price of $18.00 per share. Upon completion of the offering, the Company received net proceeds of approximately $237,021, after deducting the underwriting discount of $17,466 and offering expenses of $4,263.
	Preferred Stock
	On April 9, 2013, the Company paid a distribution to holders of its Senior Preferred Stock in the amount of $90,000. Refer to Note 2 for a discussion of the Increase and Repricing Transaction whereby $90,000 of additional secured term loans were executed to fund this distribution. There were zero, $382,847, and $357,908 cumulative preferred share distributions in arrears as of November 30, 2013, March 2, 2013 and November 24, 2012, respectively. These distributions in arrears were not declared by the board of directors and, therefore, have not been accrued on the accompanying consolidated balance sheets as of March 2, 2013 and November 24, 2012. The distributions in arrears were eliminated as of November 6, 2013 through the Distribution and the Exchange, discussed below.
	On October 31, 2013, the Company’s board of directors retired 298 shares of Senior Preferred Stock and 298 shares of Junior Preferred Stock held in treasury.
	On November 6, 2013, in connection with the completion of the Company’s IPO, a distribution in the aggregate amount of $205,813 (the “Distribution”), was paid from the net proceeds of the offering, (i) first, to all 140 holders of the Company’s Senior Preferred Stock (including LGP and 130  current and former employees of the Company), which reduced the liquidation preference of such shares until such liquidation preference was reduced to $1,000.00 per share and (ii) second, the remainder was distributed to all 140 holders of the Company’s Junior Preferred Stock (including LGP and 130 current and former employees of the Company), which reduced the liquidation preference of such shares.
	On November 6, 2013, the Company consummated the Exchange, pursuant to which the Company exchanged the liquidation preference per outstanding share of its Senior Preferred Stock and Junior Preferred Stock, after giving effect to the payment of the Distribution, for 30,619,083 shares of its common stock.  The amount of common stock issued in the Exchange was determined by dividing (a) the liquidation preference amount of such preferred stock by (b) the IPO price of $18.00 per share.  On an as adjusted basis to give effect to the Distribution and prior to the Exchange, the liquidation preference per share of its outstanding Senior Preferred Stock was $1,000.00 and the liquidation preference per share of its outstanding Junior Preferred Stock was $1,725.98.
	Following the Exchange, the Company has no outstanding preferred stock.

Accumulated_other_comprehensiv

Accumulated other comprehensive income (loss) (AOCI)	9 Months Ended
	Nov. 30, 2013
Accumulated other comprehensive income (loss) (AOCI)	'
Accumulated other comprehensive income (loss) (AOCI)	'
	10.                               Accumulated other comprehensive income (loss) (AOCI)
	A rollforward of the amounts included in AOCI, net of taxes, is shown below for the thirty-nine weeks ended November 30, 2013:
		Foreign			Minimum			Foreign			Total
		currency			pension			currency
		forward			liability			translation
		contracts
	Balance at March 2, 2013	$	1,545		$	(972	)	$	2,140		$	2,713
	Other comprehensive income (loss) before reclassifications, net of tax	(560		)	18			(911		)	(1,453		)
	Amounts reclassified to earnings, net of tax	(544		)	—			—			(544		)
	Balance at November 30, 2013	$	441		$	(954	)	$	1,229		$	716
	Amounts reclassified from accumulated other comprehensive income (loss) for the foreign currency forward contracts category are generally included in cost of sales in the Company’s consolidated statements of operations. For a description of the Company’s use of foreign currency forward contracts, refer to Note 11.

Foreign_currency_forward_contr

Foreign currency forward contracts	9 Months Ended
	Nov. 30, 2013
Foreign currency forward contracts	'
Foreign currency forward contracts	'
	11.                               Foreign currency forward contracts
	The Company’s international operations and purchases of its significant product lines from foreign suppliers are subject to certain opportunities and risks, including foreign currency fluctuations. The Company utilizes foreign currency forward exchange contracts in Swedish krona to stabilize its retail gross margins and to protect its domestic operations from downward currency exposure by hedging purchases of inventory from its wholly owned subsidiary, Elfa. In the thirty-nine weeks ended November 30, 2013, the Company used forward contracts for 87% of inventory purchases in Swedish krona. All of the Company’s currency-related hedge instruments have terms from 1 to 12 months and require the Company to exchange currencies at agreed-upon rates at settlement. The counterparties to the contracts consist of a limited number of major domestic and international financial institutions. The Company does not hold or enter into financial instruments for trading or speculative purposes. The Company records its financial hedge instruments on a gross basis and generally does not require collateral from these counterparties because it does not expect any losses from credit exposure. The Company does not have any material financial hedge instruments that do not qualify for hedge accounting treatment as of November 30, 2013, March 2, 2013 and November 24, 2012. The Company records all foreign currency forward contracts on its consolidated balance sheets at fair value. Forward contracts not designated as hedges are adjusted to fair value through income.
	The Company accounts for its foreign currency hedge instruments as cash flow hedges, as defined. Changes in the fair value of the foreign currency hedge instruments that are considered to be effective, as defined, are recorded in accumulated other comprehensive income (loss) until the hedged item (inventory) is sold to the customer, at which time the deferred gain or loss is recognized through cost of sales. Any portion of a change in the foreign currency hedge instruments’ fair value that is considered to be ineffective, as defined, or that the Company has elected to exclude from its measurement of effectiveness, is immediately recorded in earnings as cost of sales. The Company recorded the fair value of its unsettled foreign currency forward contracts as cash flow hedges, resulting in zero, $1,103, and $615 total current asset in the consolidated balance sheet as of November 30, 2013, March 2, 2013, and November 24, 2012, respectively.
	The Company recorded $441 in accumulated other comprehensive gain at November 30, 2013, all of which represents unrealized gains that have been recorded for settled forward contracts related to inventory on hand as of November 30, 2013. The Company expects the unrealized gain of $441, net of taxes, to be reclassified into earnings over the next 12 months as the underlying inventory is sold to the end customer.

Fair_value_measurements

Fair value measurements	9 Months Ended
	Nov. 30, 2013
Fair value measurements	'
Fair value measurements	'
	12.                               Fair value measurements
	Under generally accepted accounting principles, the Company is required to a) measure certain assets and liabilities at fair value or b) disclose the fair values of certain assets and liabilities recorded at cost. Accounting standards define fair value as the price that would be received upon sale of an asset or paid upon transfer of a liability in an orderly transaction between market participants at the measurement date. Fair value is calculated assuming the transaction occurs in the principal or most advantageous market for the asset or liability and includes consideration of non-performance risk and credit risk of both parties. Accounting standards pertaining to fair value establish a three- tier fair value hierarchy that prioritizes the inputs used in measuring fair value. These tiers include:
	·                  Level 1—valuation inputs are based upon unadjusted quoted prices for identical instruments traded in active markets.
	·                  Level 2—valuation inputs are based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques for which all significant assumptions are observable in the market or can be corroborated by observable market data for substantially the full term of the assets or liabilities.
	·                  Level 3—valuation inputs are unobservable and typically reflect management’s estimates of assumptions that market participants would use in pricing the asset or liability. The fair values are determined using model-based techniques that include option pricing models, discounted cash flow models and similar techniques.
	As of November 30, 2013, March 2, 2013, and November 24, 2012, the Company held certain items that are required to be measured at fair value on a recurring basis. These included cash, the nonqualified retirement plan, and foreign currency forward contracts. Cash consists of cash on hand. The nonqualified retirement plan consists of investments purchased by employee contributions to retirement savings accounts. Foreign currency forward contracts are related to the Company’s efforts to manage foreign currency fluctuation on purchases of inventory in Swedish krona. The Company’s foreign currency hedge instruments consist of over-the-counter (OTC) contracts, which are not traded on a public exchange. See Note 11 for further information on the Company’s hedging activities.
	The fair values of the nonqualified retirement plan and foreign currency forward contracts are determined based on inputs that are readily available in public markets or can be derived from information available in publicly quoted markets. Therefore, the Company has categorized these items as Level 2. The Company has consistently applied these valuation techniques in all periods presented and believes it has obtained the most accurate information available for the types of contracts it holds.
	The following items are measured at fair value on a recurring basis, subject to the disclosure requirements of ASC 820 at November 30, 2013, March 2, 2013, and November 24, 2012:
	Description			Balance Sheet Location		November 30,		March 2,		November 24,
						2013		2013		2012
	Assets
	Cash	Level 1		Cash		$	10,822	$	25,351	$	19,875
	Nonqualified retirement plan	Level 2		Prepaid expenses and other current assets		3,200		2,569		2,326
	Foreign currency hedge instruments	Level 2		Forward contracts		—		1,103		615
	Total assets					$	14,022	$	29,023	$	22,816
	Liabilities
	Nonqualified retirement plan	Level 2		Accrued liabilities		3,207		2,582		2,338
	Total liabilities					$	3,207	$	2,582	$	2,338
	The fair values of long-term debt were estimated using discounted cash flow analyses, based on the Company’s current incremental borrowing rates for similar types of borrowing arrangements (Level 3 valuations). As of November 30, 2013, March 2, 2013, and November 24, 2012, the carrying values and estimated fair values of the Company’s long-term debt, including current maturities, were:
		November 30, 2013
		Carrying			Fair
		value			value
	Secured term loan, U.S.	$	329,439		$	329,439
	Secured term loan, Sweden	2,864			2,959
	Secured revolving credit, U.S.	14,000			14,000
	Other loans	5,535			5,521
	Total	$	351,838		$	351,919
		March 2, 2013
		Carrying			Fair
		value			value
	Secured term loan, U.S.	$	272,938		$	261,718
	Secured term loan, Sweden	5,812			5,864
	Other loans	6,621			6,675
	Total	$	285,371		$	274,257
		November 24, 2012
		Carrying			Fair
		value			value
	Secured term loan, U.S.	$	273,625		$	262,406
	Secured term loan, Sweden	6,570			6,628
	Secured revolving credit, U.S.	15,000			15,000
	Other loans	7,394			7,464
	Total	$	302,589		$	291,498

Segment_reporting

Segment reporting	9 Months Ended
	Nov. 30, 2013
Segment reporting	'
Segment reporting	'
	13.                               Segment reporting
	The Company’s reportable segments were determined on the same basis as how it evaluates the performance internally. The Company’s two reportable segments consist of TCS and Elfa. The TCS segment includes the Company’s retail stores, website and call center, as well as the installation services business. These operating segments have been aggregated into a single reportable segment based on the similar customer base that they share, the fact that the merchandise offered is largely the same, and also because they are closely integrated logistically and operationally.
	The Elfa segment includes the manufacturing business which produces the elfa® brand products that are sold domestically exclusively through the TCS segment, as well as throughout Europe. The intersegment sales in the Elfa column represent elfa® product sales to the TCS segment. These sales and the related gross margin on product recorded in TCS inventory balances at the end of the period are eliminated for consolidation purposes in the Corporate/Other column. The net sales to external customers in the Elfa column represent sales to customers outside of the United States.
	Amounts in the Corporate/Other column include unallocated corporate expenses and assets, intersegment eliminations and other adjustments to segment results necessary for the presentation of consolidated financial results in accordance with generally accepted accounting principles.
	In general, the Company uses the same measurements to calculate earnings or loss before income taxes for reportable segments as it does for the consolidated company. However, interest expense and loss on extinguishment of debt related to the domestic secured term loan and revolver is recorded in the Corporate/Other column.
	Thirteen Weeks Ended November 30, 2013	TCS			Elfa		Corporate/			Total
							other
	Net sales to external customers	$	163,744		$	24,554	$	—		$	188,298
	Intersegment sales	—			27,455		(27,455		)	—
	Interest expense, net	13			288		5,481			5,782
	Earnings (loss) before income taxes (including $14,641 stock-based compensation) (1)	(3,188		)	8,855		(12,448		)	(6,781		)
	Assets(2)	612,351			141,074		21,535			774,960
	Thirteen Weeks Ended November 24, 2012	TCS			Elfa		Corporate/			Total
							other
	Net sales to external customers	$	147,722		$	27,694	$	—		$	175,416
	Intersegment sales	—			23,459		(23,459		)	—
	Interest expense, net	28			282		4,821			5,131
	Earnings (loss) before income taxes (including $157 stock-based compensation) (1)	9,313			5,478		(9,640		)	5,151
	Assets(2)	588,436			158,958		19,908			767,302
	Thirty-Nine Weeks Ended November 30, 2013	TCS			Elfa		Corporate/			Total
							other
	Net sales to external customers	$	466,543		$	65,173	$	—		$	531,716
	Intersegment sales	—			47,414		(47,414		)	—
	Interest expense, net	45			723		16,088			16,856
	Earnings (loss) before income taxes (including $14,854 stock-based compensation) (1)	13,771			7,480		(28,938		)	(7,687		)
	Assets(2)	612,351			141,074		21,535			774,960
	Thirty-Nine Weeks Ended November 24, 2012	TCS			Elfa		Corporate/			Total
							other
	Net sales to external customers	$	418,071		$	71,661	$	—		$	489,732
	Intersegment sales	—			39,826		(39,826		)	—
	Interest expense, net	85			760		15,176			16,021
	Earnings (loss) before income taxes (including $157 stock-based compensation) (1)	22,752			1,360		(31,043		)	(6,931		)
	Assets(2)	588,436			158,958		19,908			767,302
	(1)  The Corporate/Other column includes $128 and $4 loss on extinguishment of debt for the thirteen weeks ended November 30, 2013 and November 24, 2012, respectively. The Corporate/Other column includes $1,229 and $7,333 loss on extinguishment of debt for the thirty-nine weeks ended November 30, 2013 and November 24, 2012, respectively.
	(2)  Tangible assets and trade names in the Elfa column are located outside of the United States. Assets in Corporate/Other include assets located in corporate headquarters and distribution center, and include deferred tax assets and fair value of forward contracts.

Nature_of_business_and_summary1

Nature of business and summary of significant policies (Policies)	9 Months Ended
	Nov. 30, 2013
Nature of business and summary of significant policies	'
Seasonality	'
	Seasonality
	The Company’s business is moderately seasonal in nature and, therefore, the results of operations for the thirty-nine weeks ended November 30, 2013 are not necessarily indicative of the operating results of the full year. Demand is generally the highest in the fourth fiscal quarter due to Our Annual elfa® Sale, and lowest in the first fiscal quarter.
Basis of presentation	'
	Basis of presentation
	The accompanying unaudited condensed consolidated financial statements include The Container Store Group, Inc. and its wholly owned subsidiaries. All significant intercompany accounts, transactions, and balances have been eliminated in consolidation. The financial statements have been prepared in accordance with U.S. Generally Accepted Accounting Principles (“GAAP”) for interim financial information and applicable rules and regulations of the SEC regarding interim financial reporting. The consolidated balance sheets as of November 30, 2013 and November 24, 2012, the consolidated statements of operations and the consolidated statements of comprehensive income (loss) for the thirteen and thirty-nine weeks then ended, the consolidated statements of shareholders’ equity and the consolidated statements of cash flows for the thirty-nine weeks then ended have been prepared by the Company and are unaudited. In the opinion of management, the interim financial statements reflect all normal recurring adjustments necessary to present fairly the financial position at the balance sheet dates and the results of operations for the periods presented. The consolidated balance sheet as of March 2, 2013 has been derived from the audited consolidated balance sheet for the fiscal year then ended.
Fiscal Year	'
	Fiscal Year
	The Company follows a 5-4-4 fiscal calendar, whereby each fiscal quarter consists of thirteen weeks grouped into one five-week “month” and two four-week “months,” and its fiscal year ends on the Saturday closest to February 28th.
Stock-Based Compensation	'
	Stock-Based Compensation
	The Company accounts for stock-based compensation in accordance with Financial Accounting Standards Board Accounting Standards Codification (“ASC”) No. 718,  Compensation-Stock Compensation, which requires the fair value of stock-based payments to be recognized in the consolidated financial statements as compensation expense over the requisite service period. Compensation expense based upon the fair value of awards is recognized on a straight line basis, net of forfeitures, over the requisite service period for awards that actually vest. Stock-based compensation expense is recorded in the stock-based compensation line in the consolidated statements of operations.
	The Company estimates the fair value of each stock option grant on the date of grant based upon the Black-Scholes option-pricing model. This model requires various significant judgmental assumptions in order to derive a final fair value determination for each type of award including:
	·                  Expected Term — The expected term of the options represents the period of time between the grant date of the options and the date the options are either exercised or canceled, including an estimate of options still outstanding.
	·                  Expected Volatility — The expected volatility incorporates historical and implied volatility of comparable public companies for a period approximating the expected term.
	·                  Expected Dividend Yield — The expected dividend yield is based on the Company’s expectation of not paying dividends on its common stock for the foreseeable future.
	·                  Risk-Free Interest Rate — The risk-free interest rate is based on the U.S. Treasury yield curve in effect at the time of grant and with a maturity that approximates the expected term.
Foreign Currency Translation	'
	Foreign Currency Translation
	The functional currency of the Company’s foreign operations is the applicable country’s currency. The functional currency for the Company’s wholly owned subsidiary, Elfa, is the Swedish krona. All assets and liabilities of foreign subsidiaries and affiliates are translated at period-end rates of exchange. Revenues and expenses of foreign subsidiaries and affiliates are translated at weighted-average rates of exchange for the period. Realized gains and losses on purchases of inventory are included in cost of sales. All other realized gains and losses are included in selling, general, and administrative expenses in the consolidated statements of operations. Unrealized gains and losses are reported as cumulative translation adjustments through other comprehensive income (loss). The rates of exchange from Swedish krona to U.S. dollar were 6.5, 6.5, and 6.7 as of November 30, 2013, March 2, 2013, and November 24, 2012, respectively. The carrying amounts of net assets related to Elfa and subject to currency fluctuation were $151,950, $142,840, and $163,520 as of November 30, 2013, March 2, 2013, and November 24, 2012, respectively.
Management Estimates	'
	Management Estimates
	The preparation of the Company’s consolidated financial statements requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses, and disclosure of contingent assets and liabilities. Actual results could differ from those estimates.
Reclassifications	'
	Reclassifications
	Certain prior period amounts have been reclassified in order to provide consistent comparative information. These reclassifications do not materially impact the unaudited consolidated financial statements for the prior periods presented.

Longterm_debt_and_revolving_li1

Long-term debt and revolving lines of credit (Tables)	9 Months Ended
	Nov. 30, 2013
Long-term debt and revolving lines of credit	'
Schedule of long-term debt and revolving lines of credit	'
		November 30,			March 2,			November 24,
		2013			2013			2012
	Secured term loan, U.S.	$	329,439		$	272,938		$	273,625
	Secured term loan, Sweden	2,864			5,812			6,570
	Secured revolving credit, U.S.	14,000			—			15,000
	Mortgage and other loans	5,535			6,621			7,394
		351,838			285,371			302,589
	Less current portion	(8,975		)	(9,023		)	(8,878		)
		$	342,863		$	276,348		$	293,711
	Secured revolving credit, Sweden	$	16,679		$	13,482		$	17,027

Inventory_Tables

Inventory (Tables)	9 Months Ended
	Nov. 30, 2013
Inventory	'
Summary of components of inventory	'
		November 30,		March 2,		November 24,
		2013		2013		2012
	Raw materials	$	5,011	$	5,657	$	6,404
	Work-in-progress	1,618		1,983		1,948
	Finished goods	98,495		74,803		87,754
		$	105,124	$	82,443	$	96,106

Net_income_loss_per_share_Tabl

Net income (loss) per share (Tables)	9 Months Ended
	Nov. 30, 2013
Net income (loss) per share	'
Schedule of reconciliation of net income (loss) available to common shareholders and the number of shares used in the basic and diluted net loss per share calculations	'
		Thirteen Weeks Ended						Thirty-Nine Weeks Ended
		November 30,			November 24,			November 30,			November 24,
		2013			2012			2013			2012
	Numerator:
	Net (loss) income	$	(9,486	)	$	6,862		$	(10,174	)	$	(2,223	)
	Less: Distributions accumulated to preferred shareholders	(15,597		)	(22,456		)	(59,747		)	(65,410		)
	Net loss available to common shareholders	$	(25,083	)	$	(15,594	)	$	(69,921	)	$	(67,633	)
	Denominator:
	Weighted average common shares outstanding — basic and diluted	18,036,633			2,928,964			7,965,089			2,929,928
	Basic and diluted net loss per common share	$	(1.39	)	$	(5.32	)	$	(8.78	)	$	(23.08	)
	Antidilutive securities not included:
	Stock options outstanding	319,190			—			140,527			—

Stockbased_compensation_Tables

Stock-based compensation (Tables)	9 Months Ended
	Nov. 30, 2013
Stock-based compensation	'
Summary of the Company's stock option activity	'
		Shares		Weighted-		Weighted-average
				average		contractual
				exercise price		term
						remaining
				(Per share data)		(In Years)
	Balance at March 2, 2013:	244,064		$	17.01	—
	Granted	2,622,721		$	18	—
	Exercised	—		—		—
	Canceled	(7,627	)	$	17.49	—
	Balance at November 30, 2013	2,859,158		$	17.92	9.81
Summary of the weighted-average assumptions used to measure the grant date fair value of the non-qualified stock options granted under the 2013 Equity Plan using the Black Scholes option pricing model	'
		Thirty-Nine Weeks Ended
		November 30, 2013
	Expected term	5.7 years
	Expected volatility	48.28	%
	Risk-free interest rate	1.49	%
	Expected dividend yield	0	%

Accumulated_other_comprehensiv1

Accumulated other comprehensive income (loss) (AOCI) (Tables)	9 Months Ended
	Nov. 30, 2013
Accumulated other comprehensive income (loss) (AOCI)	'
Schedule of rollforward of the amounts included in AOCI, net of taxes	'
		Foreign			Minimum			Foreign			Total
		currency			pension			currency
		forward			liability			translation
		contracts
	Balance at March 2, 2013	$	1,545		$	(972	)	$	2,140		$	2,713
	Other comprehensive income (loss) before reclassifications, net of tax	(560		)	18			(911		)	(1,453		)
	Amounts reclassified to earnings, net of tax	(544		)	—			—			(544		)
	Balance at November 30, 2013	$	441		$	(954	)	$	1,229		$	716

Fair_value_measurements_Tables

Fair value measurements (Tables)	9 Months Ended
	Nov. 30, 2013
Fair value measurements	'
Schedule of items measured at fair value on a recurring basis, subject to the disclosure requirements of ASC 820	'
	Description			Balance Sheet Location		November 30,		March 2,		November 24,
						2013		2013		2012
	Assets
	Cash	Level 1		Cash		$	10,822	$	25,351	$	19,875
	Nonqualified retirement plan	Level 2		Prepaid expenses and other current assets		3,200		2,569		2,326
	Foreign currency hedge instruments	Level 2		Forward contracts		—		1,103		615
	Total assets					$	14,022	$	29,023	$	22,816
	Liabilities
	Nonqualified retirement plan	Level 2		Accrued liabilities		3,207		2,582		2,338
	Total liabilities					$	3,207	$	2,582	$	2,338
Schedule of carrying values and estimated fair values of the Company's long-term debt, including current maturities	'
		November 30, 2013
		Carrying			Fair
		value			value
	Secured term loan, U.S.	$	329,439		$	329,439
	Secured term loan, Sweden	2,864			2,959
	Secured revolving credit, U.S.	14,000			14,000
	Other loans	5,535			5,521
	Total	$	351,838		$	351,919
		March 2, 2013
		Carrying			Fair
		value			value
	Secured term loan, U.S.	$	272,938		$	261,718
	Secured term loan, Sweden	5,812			5,864
	Other loans	6,621			6,675
	Total	$	285,371		$	274,257
		November 24, 2012
		Carrying			Fair
		value			value
	Secured term loan, U.S.	$	273,625		$	262,406
	Secured term loan, Sweden	6,570			6,628
	Secured revolving credit, U.S.	15,000			15,000
	Other loans	7,394			7,464
	Total	$	302,589		$	291,498

Segment_reporting_Tables

Segment reporting (Tables)	9 Months Ended
	Nov. 30, 2013
Segment reporting	'
Schedule of segment reporting	'
	Thirteen Weeks Ended November 30, 2013	TCS			Elfa		Corporate/			Total
							other
	Net sales to external customers	$	163,744		$	24,554	$	—		$	188,298
	Intersegment sales	—			27,455		(27,455		)	—
	Interest expense, net	13			288		5,481			5,782
	Earnings (loss) before income taxes (including $14,641 stock-based compensation) (1)	(3,188		)	8,855		(12,448		)	(6,781		)
	Assets(2)	612,351			141,074		21,535			774,960
	Thirteen Weeks Ended November 24, 2012	TCS			Elfa		Corporate/			Total
							other
	Net sales to external customers	$	147,722		$	27,694	$	—		$	175,416
	Intersegment sales	—			23,459		(23,459		)	—
	Interest expense, net	28			282		4,821			5,131
	Earnings (loss) before income taxes (including $157 stock-based compensation) (1)	9,313			5,478		(9,640		)	5,151
	Assets(2)	588,436			158,958		19,908			767,302
	Thirty-Nine Weeks Ended November 30, 2013	TCS			Elfa		Corporate/			Total
							other
	Net sales to external customers	$	466,543		$	65,173	$	—		$	531,716
	Intersegment sales	—			47,414		(47,414		)	—
	Interest expense, net	45			723		16,088			16,856
	Earnings (loss) before income taxes (including $14,854 stock-based compensation) (1)	13,771			7,480		(28,938		)	(7,687		)
	Assets(2)	612,351			141,074		21,535			774,960
	Thirty-Nine Weeks Ended November 24, 2012	TCS			Elfa		Corporate/			Total
							other
	Net sales to external customers	$	418,071		$	71,661	$	—		$	489,732
	Intersegment sales	—			39,826		(39,826		)	—
	Interest expense, net	85			760		15,176			16,021
	Earnings (loss) before income taxes (including $157 stock-based compensation) (1)	22,752			1,360		(31,043		)	(6,931		)
	Assets(2)	588,436			158,958		19,908			767,302
	(1)  The Corporate/Other column includes $128 and $4 loss on extinguishment of debt for the thirteen weeks ended November 30, 2013 and November 24, 2012, respectively. The Corporate/Other column includes $1,229 and $7,333 loss on extinguishment of debt for the thirty-nine weeks ended November 30, 2013 and November 24, 2012, respectively.
	(2)  Tangible assets and trade names in the Elfa column are located outside of the United States. Assets in Corporate/Other include assets located in corporate headquarters and distribution center, and include deferred tax assets and fair value of forward contracts.

Nature_of_business_and_summary2

Nature of business and summary of significant policies (Details) (USD $)	9 Months Ended	0 Months Ended					9 Months Ended	0 Months Ended
In Thousands, except Share data, unless otherwise specified	Nov. 30, 2013	Nov. 06, 2013	Nov. 06, 2013	Nov. 06, 2013	Oct. 31, 2013	Aug. 16, 2007	Nov. 30, 2013	Nov. 08, 2013
	month	Senior Preferred Stock	Junior Preferred Stock	Common stock	Common stock	Common stock	Common stock	Common stock
	store							Senior Secured Term Loan Facility
	sqft
	state
Description of business	'	'	'	'	'	'	'	'
Number of stores	63	'	'	'	'	'	'	'
Average size of stores (in square feet)	19,000	'	'	'	'	'	'	'
Number of states	22	'	'	'	'	'	'	'
Stock split ratio	'	'	'	'	5.9	'	'	'
Stock issued (in shares)	'	'	'	14,375,000	'	2,942,326	14,375,000	'
Issue price (in dollars per share)	'	'	'	$18	'	$17.01	'	'
Net proceeds from initial public offering	'	'	'	$237,021	'	'	'	'
Underwriting discount	'	'	'	17,466	'	'	'	'
Offering expenses	'	'	'	4,263	'	'	'	'
Net proceeds from the initial public offering used to make distribution to preferred shareholders	'	'	'	205,813	'	'	'	'
Rate of distribution on preferred stock (as a percent)	'	12.00%	12.00%	'	'	'	'	'
Liquidation preference amount up to which first distribution was to be made from proceeds of initial public offering	'	$1,000	'	'	'	'	'	'
Net proceeds from IPO used to repay a portion of the outstanding borrowings	'	'	'	'	'	'	'	31,000
Net proceeds from initial public offering used for other operating activities	'	'	'	$208	'	'	'	'
Stock issued on conversion of preferred stock	'	'	'	30,619,083	'	'	'	'
Length of fiscal quarter	'91 days	'	'	'	'	'	'	'
Number of five week months	1	'	'	'	'	'	'	'
Number of four week months	2	'	'	'	'	'	'	'

Nature_of_business_and_summary3

Nature of business and summary of significant policies (Details 2) (Elfa, USD $)	Nov. 30, 2013	Mar. 02, 2013	Nov. 24, 2012
In Thousands, unless otherwise specified
Elfa	'	'	'
Financial statements-basis of presentation	'	'	'
Exchange rate from Swedish Krona to U.S. Dollar	6.5	6.5	6.7
Carrying amounts of net assets	$151,950	$142,840	$163,520

Longterm_debt_and_revolving_li2

Long-term debt and revolving lines of credit (Details) (USD $)

Nov. 30, 2013

Mar. 02, 2013

Nov. 24, 2012

Apr. 06, 2012

Apr. 06, 2012

Apr. 09, 2013

Nov. 30, 2013

Mar. 02, 2013

Nov. 24, 2012

Nov. 30, 2013

Nov. 24, 2012

Nov. 27, 2013

Nov. 08, 2013

Apr. 08, 2013

Nov. 30, 2013

Jun. 01, 2013

Mar. 02, 2013

Apr. 06, 2012

Nov. 30, 2013

Mar. 02, 2013

Nov. 24, 2012

Nov. 30, 2013

Mar. 02, 2013

Nov. 24, 2012

Mar. 02, 2013

Apr. 06, 2012

Apr. 06, 2012

Nov. 30, 2013

Mar. 02, 2013

Nov. 24, 2012

In Thousands, unless otherwise specified

Secured revolving credit

Previously existing asset-based revolving credit facility

Senior preferred shareholders

Sweden

Sweden

Sweden

U.S.

U.S.

Senior Secured Term Loan Facility

Senior Secured Term Loan Facility

Senior Secured Term Loan Facility

Senior Secured Term Loan Facility

Senior Secured Term Loan Facility

Senior Secured Term Loan Facility

Senior Secured Term Loan Facility

Senior Secured Term Loan Facility

Senior Secured Term Loan Facility

Senior Secured Term Loan Facility

Senior Secured Term Loan Facility

Senior Secured Term Loan Facility

Senior Secured Term Loan Facility

Senior subordinated notes

Senior subordinated notes

Previously existing secured term loan

Mortgage and other loans

Mortgage and other loans

Mortgage and other loans

Secured revolving credit

Secured revolving credit

Secured revolving credit

Secured revolving credit

Secured revolving credit

Sweden

Sweden

Sweden

U.S.

U.S.

U.S.

Long-term debt and revolving lines of credit

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Face amount

'

'

'

'

'

'

'

'

'

'

'

'

'

$362,250

'

'

'

$275,000

'

'

'

'

'

'

'

$150,000

$125,000

'

'

'

Borrowings through the Revolving Credit Facility

'

'

'

75,000

75,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Expenses recorded

'

'

'

'

'

'

'

'

'

'

'

'

'

'

128

1,101

7,333

'

'

'

'

'

'

'

'

'

'

'

'

'

Amount of an early extinguishment fee

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,655

'

'

'

'

'

Deferred financing costs

'

'

'

'

'

'

'

'

'

'

'

'

'

723

'

'

'

4,843

'

'

'

'

'

'

'

'

'

'

'

'

Legal fees and other associated costs

'

'

'

'

'

'

'

'

'

'

'

'

'

378

'

'

'

835

'

'

'

'

'

'

'

'

'

'

'

'

Reference rate

'

'

'

'

'

'

'

'

'

'

'

'LIBOR

'

'LIBOR

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Interest rate margin (as a percent)

'

'

'

'

'

'

'

'

'

'

'

3.25%

'

4.25%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Floor interest rate for reference rate (as a percent)

'

'

'

'

'

'

'

'

'

'

'

1.00%

'

1.25%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Distributions paid

'

'

'

'

'

90,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total long-term debt

351,838

285,371

302,589

'

'

'

'

'

'

14,000

15,000

'

'

'

'

'

'

'

2,864

5,812

6,570

329,439

272,938

273,625

'

'

'

5,535

6,621

7,394

Net proceeds from IPO used to repay outstanding borrowings

'

'

'

'

'

'

'

'

'

'

'

'

31,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Less current portion

-8,975

-9,023

-8,878

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Long-term debt excluding current portion

342,863

276,348

293,711

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Secured revolving credit

$16,679

$13,482

$17,027

'

'

'

$16,679

$13,482

$17,027

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Inventory_Details

Inventory (Details) (USD $)	Nov. 30, 2013	Mar. 02, 2013	Nov. 24, 2012
In Thousands, unless otherwise specified
Inventory	'	'	'
Raw materials	$5,011	$5,657	$6,404
Work-in-progress	1,618	1,983	1,948
Finished goods	98,495	74,803	87,754
Total inventory	$105,124	$82,443	$96,106

Net_income_loss_per_share_Deta

Net income (loss) per share (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Share data, unless otherwise specified	Nov. 30, 2013	Nov. 24, 2012	Nov. 30, 2013	Nov. 24, 2012
Numerator:	'	'	'	'
Net (loss) income	($9,486)	$6,862	($10,174)	($2,223)
Less: Distributions accumulated to preferred shareholders	-15,597	-22,456	-59,747	-65,410
Net loss available to common shareholders	($25,083)	($15,594)	($69,921)	($67,633)
Denominator:	'	'	'	'
Weighted average common shares outstanding - basic and diluted	18,036,633	2,928,964	7,965,089	2,929,928
Basic and diluted net loss per common share (in dollars per share)	($1.39)	($5.32)	($8.78)	($23.08)
Antidilutive securities not included:	'	'	'	'
Stock options outstanding	319,190	'	140,527	'

Pension_plan_Details

Pension plan (Details) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Nov. 30, 2013	Nov. 24, 2012
Pension plan	'	'
Amount contributed by the Company for defined contribution plans	$2,117	$2,281
Elfa	'	'
Pension plan	'	'
Percentage of employees who are plan participants	2.00%	'

Income_taxes_Details

Income taxes (Details) (USD $)	3 Months Ended	9 Months Ended		12 Months Ended
In Thousands, unless otherwise specified	Nov. 30, 2013	Nov. 30, 2013	Nov. 24, 2012	Mar. 02, 2013
Income taxes	'	'	'	'
Effective income tax rate (as a percent)	'	-32.40%	67.90%	'
Tax expense resulting from valuation allowance on IPO-related stock-based compensation deferred tax asset	$5,707	$5,707	'	'
Tax expense resulting from valuation allowance on deferred tax assets of certain foreign subsidiaries	719	719	'	'
Tax benefit related to reduction in statutory Swedish tax rates and special economic zone incentives in Poland	'	'	'	$3,742

Commitments_and_contingencies_

Commitments and contingencies (Details) (Standby letters of credit, USD $)	Nov. 30, 2013
In Thousands, unless otherwise specified
Standby letters of credit	'
Commitments and contingencies	'
Amount outstanding	$2,986

Stockbased_compensation_Detail

Stock-based compensation (Details) (USD $)	3 Months Ended		9 Months Ended		0 Months Ended	3 Months Ended		0 Months Ended		3 Months Ended	9 Months Ended
In Thousands, except Share data, unless otherwise specified	Nov. 30, 2013	Nov. 24, 2012	Nov. 30, 2013	Nov. 24, 2012	Oct. 31, 2013	Nov. 30, 2013	Oct. 16, 2013	Nov. 06, 2013	Oct. 31, 2013	Nov. 30, 2013	Nov. 30, 2013
					2012 Equity Plan	2012 Equity Plan	2013 Equity Plan	2013 Equity Plan	2013 Equity Plan	2013 Equity Plan	2013 Equity Plan
					Outstanding stock options	Outstanding stock options		Nonqualified stock options	Nonqualified stock options	Nonqualified stock options	Nonqualified stock options
Stock-based compensation	'	'	'	'	'	'	'	'	'	'	'
Awards modified for immediate vesting (in shares)	'	'	'	'	240,435	'	'	'	'	'	'
Compensation expense related to the modification of outstanding stock options	'	'	'	'	'	$1,594	'	'	'	'	'
Number of shares reserved for issuance	'	'	'	'	'	'	3,616,570	'	'	'	'
Awards granted (in shares)	'	'	'	'	'	'	'	'	2,622,721	'	'
Awards vested (in shares)	'	'	'	'	'	'	'	1,666,066	'	'	'
Vesting period of awards	'	'	'	'	'	'	'	'	'	'	'7 years
Stock-based compensation cost	14,641	157	14,854	157	'	'	'	'	'	13,008	'
Unrecognized compensation cost (in dollars)	7,916	'	7,916	'	'	'	'	'	'	'	'
Average remaining service period for recognition of unrecognized compensation cost	'	'	'6 years 10 months 24 days	'	'	'	'	'	'	'	'
Shares	'	'	'	'	'	'	'	'	'	'	'
Balance at the beginning of the period (in shares)	'	'	244,064	'	'	'	'	'	'	'	'
Granted (in shares)	'	'	2,622,721	'	'	'	'	'	'	'	'
Canceled (in shares)	'	'	-7,627	'	'	'	'	'	'	'	'
Balance at the end of the period (in shares)	2,859,158	'	2,859,158	'	'	'	'	'	'	'	'
Weighted-average exercise price	'	'	'	'	'	'	'	'	'	'	'
Balance at the beginning of the period (in dollars per share)	'	'	$17.01	'	'	'	'	'	'	'	'
Granted (in dollars per share)	'	'	$18	'	'	'	'	'	'	'	'
Canceled (in dollars per share)	'	'	$17.49	'	'	'	'	'	'	'	'
Balance at the end of the period (in dollars per share)	$17.92	'	$17.92	'	'	'	'	'	'	'	'
Weighted-average contractual term remaining	'	'	'	'	'	'	'	'	'	'	'
Balance at the end of the period	'	'	'9 years 9 months 22 days	'	'	'	'	'	'	'	'
Additional disclosure	'	'	'	'	'	'	'	'	'	'	'
Aggregate intrinsic value (in dollars)	65,112	'	65,112	'	'	'	'	'	'	'	'
Exercisable options (in shares)	1,906,017	'	1,906,017	'	'	'	'	'	'	'	'
Weighted average exercise price of options exercisable (in dollars per share)	$17.88	'	$17.88	'	'	'	'	'	'	'	'
Aggregate intrinsic value of options exercisable (in dollars)	$43,485	'	$43,485	'	'	'	'	'	'	'	'
Weighted-average assumptions used to measure the grant date fair value of the non-qualified stock options granted under the 2013 Equity Plan using the Black Scholes option pricing model	'	'	'	'	'	'	'	'	'	'	'
Expected term	'	'	'5 years 8 months 12 days	'	'	'	'	'	'	'	'
Expected volatility (as a percent)	'	'	48.28%	'	'	'	'	'	'	'	'
Risk-free interest rate (as a percent)	'	'	1.49%	'	'	'	'	'	'	'	'
Expected dividend yield (as a percent)	'	'	0.00%	'	'	'	'	'	'	'	'

Shareholders_equity_Details

Shareholders' equity (Details) (USD $)

Nov. 30, 2013

Mar. 02, 2013

Nov. 24, 2012

Apr. 08, 2013

Nov. 30, 2013

Nov. 24, 2012

Mar. 02, 2013

Oct. 31, 2013

Apr. 09, 2013

Nov. 30, 2013

Nov. 06, 2013

Oct. 31, 2013

Nov. 30, 2013

Nov. 06, 2013

Nov. 06, 2013

Oct. 31, 2013

Aug. 16, 2007

Nov. 30, 2013

In Thousands, except Share data, unless otherwise specified

Secured Term Loan Facility

Senior and Junior Preferred Stock

Senior and Junior Preferred Stock

Senior and Junior Preferred Stock

Senior Preferred Stock

Senior Preferred Stock

Senior Preferred Stock

Senior Preferred Stock

Junior Preferred Stock

Junior Preferred Stock

Junior Preferred Stock

Common stock

Common stock

Common stock

Common stock

vote

Shareholders' equity

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Shares issued

'

'

'

'

'

'

'

'

'

'

'

'

'

'

14,375,000

'

2,942,326

14,375,000

Common stock, par value (in dollars per share)

$0.01

$0.01

$0.01

'

'

'

'

'

'

'

'

'

'

'

'

'

$0.01

'

Issue price (in dollars per share)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$18

'

$17.01

'

Number of votes per share entitled to holders

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1

'

Redemptions or sinking fund provisions

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$0

'

Treasury shares retired

'

'

'

'

'

'

'

298

'

298

'

298

298

'

'

13,567

'

13,567

Stock split ratio

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

5.9

'

'

Net proceeds from initial public offering

'

'

'

'

'

'

'

'

'

'

'

'

'

'

237,021

'

'

'

Underwriting discount

'

'

'

'

'

'

'

'

'

'

'

'

'

'

17,466

'

'

'

Offering expenses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

4,263

'

'

'

Amount paid as distribution to holders

'

'

'

'

'

'

'

'

90,000

'

'

'

'

'

'

'

'

'

Additional amount executed to fund distribution

'

'

'

90,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Preferred share distributions in arrears

'

'

'

'

0

357,908

382,847

'

'

'

'

'

'

'

'

'

'

'

Net proceeds from the initial public offering used to make distribution to preferred shareholders

'

'

'

'

'

'

'

'

'

'

'

'

'

'

205,813

'

'

'

Liquidation preference amount up to which first distribution was to be made from proceeds of initial public offering

'

'

'

'

'

'

'

'

'

'

$1,000

'

'

'

'

'

'

'

Stock issued on conversion of preferred stock

'

'

'

'

'

'

'

'

'

'

'

'

'

'

30,619,083

'

'

'

Liquidation preference (in dollars per share)

'

'

'

'

'

'

'

'

'

'

$1,000

'

'

$1,725.98

'

'

'

'

Outstanding preferred stock, Value

$0

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Accumulated_other_comprehensiv2

Accumulated other comprehensive income (loss) (AOCI) (Details) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Nov. 30, 2013	Nov. 24, 2012
Rollforward of the amounts included in AOCI, net of taxes	'	'
Balance at the beginning of the period	$2,713	$965
Other comprehensive income (loss) before reclassifications, net of tax	-1,453	'
Amounts reclassified to earnings, net of tax	-544	'
Balance at the end of the period	716	965
Minimum pension liability	'	'
Rollforward of the amounts included in AOCI, net of taxes	'	'
Balance at the beginning of the period	-972	'
Other comprehensive income (loss) before reclassifications, net of tax	18	'
Balance at the end of the period	-954	'
Foreign currency translation	'	'
Rollforward of the amounts included in AOCI, net of taxes	'	'
Balance at the beginning of the period	2,140	'
Other comprehensive income (loss) before reclassifications, net of tax	-911	'
Balance at the end of the period	1,229	'
Foreign currency forward contracts	'	'
Rollforward of the amounts included in AOCI, net of taxes	'	'
Balance at the beginning of the period	1,545	'
Other comprehensive income (loss) before reclassifications, net of tax	-560	'
Amounts reclassified to earnings, net of tax	-544	'
Balance at the end of the period	$441	'

Foreign_currency_forward_contr1

Foreign currency forward contracts (Details) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Nov. 30, 2013	Mar. 02, 2013	Nov. 24, 2012
Foreign currency forward contracts	'	'	'
Purchase of inventory from use of forward contracts in Swedish krona (as a percent)	0.87	'	'
Minimum term period of currency-related hedge instruments	'1 month	'	'
Maximum term period of currency-related hedge instruments	'12 months	'	'
Total current assets, as a result of recording fair value of unsettled foreign currency forward contracts as cash flow hedges	$0	$1,103	$615
Accumulated other comprehensive gain	441	'	'
Unrealized gains to be reclassified into earnings over the next 12 months	$441	'	'

Fair_value_measurements_Detail

Fair value measurements (Details) (Recurring, USD $)	Nov. 30, 2013	Mar. 02, 2013	Nov. 24, 2012
In Thousands, unless otherwise specified
Assets	'	'	'
Total assets	$14,022	$29,023	$22,816
Liabilities	'	'	'
Total liabilities	3,207	2,582	2,338
Level 1 | Cash	'	'	'
Assets	'	'	'
Cash	10,822	25,351	19,875
Level 2 | Prepaid expenses and other current assets	'	'	'
Assets	'	'	'
Nonqualified retirement plan	3,200	2,569	2,326
Level 2 | Forward contracts	'	'	'
Assets	'	'	'
Foreign currency hedge instruments	'	1,103	615
Level 2 | Accrued liabilities	'	'	'
Liabilities	'	'	'
Nonqualified retirement plan	$3,207	$2,582	$2,338

Fair_value_measurements_Detail1

Fair value measurements (Details 2) (Level 3, USD $)	Nov. 30, 2013	Mar. 02, 2013	Nov. 24, 2012
In Thousands, unless otherwise specified
Carrying value	'	'	'
Fair value measurements	'	'	'
Fair value	$351,838	$285,371	$302,589
Carrying value | U.S. | Secured revolving credit	'	'	'
Fair value measurements	'	'	'
Fair value	14,000	'	15,000
Carrying value | Secured term loan | U.S.	'	'	'
Fair value measurements	'	'	'
Fair value	329,439	272,938	273,625
Carrying value | Secured term loan | Sweden	'	'	'
Fair value measurements	'	'	'
Fair value	2,864	5,812	6,570
Carrying value | Other loans	'	'	'
Fair value measurements	'	'	'
Fair value	5,535	6,621	7,394
Fair value	'	'	'
Fair value measurements	'	'	'
Fair value	351,919	274,257	291,498
Fair value | U.S. | Secured revolving credit	'	'	'
Fair value measurements	'	'	'
Fair value	14,000	'	15,000
Fair value | Secured term loan | U.S.	'	'	'
Fair value measurements	'	'	'
Fair value	329,439	261,718	262,406
Fair value | Secured term loan | Sweden	'	'	'
Fair value measurements	'	'	'
Fair value	2,959	5,864	6,628
Fair value | Other loans	'	'	'
Fair value measurements	'	'	'
Fair value	$5,521	$6,675	$7,464

Segment_reporting_Details

Segment reporting (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Nov. 30, 2013	Nov. 24, 2012	Nov. 30, 2013	Nov. 24, 2012	Mar. 02, 2013
			segment
Segment reporting	'	'	'	'	'
Number of reportable segments	'	'	2	'	'
Segment reporting	'	'	'	'	'
Sales	$188,298	$175,416	$531,716	$489,732	'
Interest expense, net	5,782	5,131	16,856	16,021	'
Earnings (loss) before income taxes (including stock-based compensation)	-6,781	5,151	-7,687	-6,931	'
Stock-based compensation	14,641	157	14,854	157	'
Assets(2)	774,960	767,302	774,960	767,302	752,820
Loss on extinguishment of debt	128	4	1,229	7,333	'
Operating segments | TCS	'	'	'	'	'
Segment reporting	'	'	'	'	'
Sales	163,744	147,722	466,543	418,071	'
Interest expense, net	13	28	45	85	'
Earnings (loss) before income taxes (including stock-based compensation)	-3,188	9,313	13,771	22,752	'
Assets(2)	612,351	588,436	612,351	588,436	'
Operating segments | Elfa	'	'	'	'	'
Segment reporting	'	'	'	'	'
Sales	24,554	27,694	65,173	71,661	'
Interest expense, net	288	282	723	760	'
Earnings (loss) before income taxes (including stock-based compensation)	8,855	5,478	7,480	1,360	'
Assets(2)	141,074	158,958	141,074	158,958	'
Corporate/other	'	'	'	'	'
Segment reporting	'	'	'	'	'
Interest expense, net	5,481	4,821	16,088	15,176	'
Earnings (loss) before income taxes (including stock-based compensation)	-12,448	-9,640	-28,938	-31,043	'
Assets(2)	21,535	19,908	21,535	19,908	'
Loss on extinguishment of debt	128	4	1,229	7,333	'
lntersegment	'	'	'	'	'
Segment reporting	'	'	'	'	'
Sales	-27,455	-23,459	-47,414	-39,826	'
lntersegment | Elfa	'	'	'	'	'
Segment reporting	'	'	'	'	'
Sales	$27,455	$23,459	$47,414	$39,826	'