Pier 1 Imports 10-K 28 Apr 15 2015 FY Annual report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
	Feb. 28, 2015	Apr. 22, 2015	Aug. 30, 2014
Document Information [Line Items]
Document Type	10-K
Amendment Flag	FALSE
Document Period End Date	28-Feb-15
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	FY
Trading Symbol	PIR
Entity Registrant Name	PIER 1 IMPORTS INC/DE
Entity Central Index Key	278130
Current Fiscal Year End Date	-26
Entity Well-known Seasoned Issuer	Yes
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		90,144,249
Entity Public Float			$1,418,402,000

Consolidated_Statements_of_Ope

Consolidated Statements of Operations (USD $)	12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Feb. 28, 2015	Mar. 01, 2014	Mar. 02, 2013
Net sales	$1,865,782	$1,771,743	$1,704,885
Cost of sales	1,116,076	1,026,180	961,826
Gross profit	749,706	745,563	743,059
Selling, general and administrative expenses	576,131	531,190	513,085
Depreciation and amortization	46,304	38,873	30,988
Operating income	127,271	175,500	198,986
Nonoperating (income) and expenses:
Interest, investment income and other	-3,391	-1,721	-2,757
Interest expense	10,260	2,572	743
Nonoperating (income) and expenses	6,869	851	-2,014
Income before income taxes	120,402	174,649	201,000
Income tax provision	45,240	67,118	71,556
Net income	$75,162	$107,531	$129,444
Earnings per share:
Basic	$0.83	$1.03	$1.22
Diluted	$0.82	$1.01	$1.20
Dividends declared per share:	$0.24	$0.21	$0.17
Average shares outstanding during period:
Basic	91,081	104,121	106,222
Diluted	92,128	106,248	108,259

Consolidated_Statements_of_Com

Consolidated Statements of Comprehensive Income (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Feb. 28, 2015	Mar. 01, 2014	Mar. 02, 2013
Net income	$75,162	$107,531	$129,444
Other comprehensive income (loss), net of tax
Foreign currency translation adjustments, net of taxes of $1,339, $857 and $255, respectively	-3,729	-2,391	-918
Pension adjustments, net of taxes of $89, $(701) and $(447), respectively	-142	1,105	563
Other comprehensive loss	-3,871	-1,286	-355
Comprehensive income	$71,291	$106,245	$129,089

Consolidated_Statements_of_Com1

Consolidated Statements of Comprehensive Income (Parenthetical) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Feb. 28, 2015	Mar. 01, 2014	Mar. 02, 2013
Foreign currency translation adjustments, tax	$1,339	$857	$255
Pension adjustments,taxes	$89	($701)	($447)

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Feb. 28, 2015	Mar. 01, 2014
In Thousands, unless otherwise specified
Current assets:
Cash and cash equivalents, including temporary investments of $69,572 and $121,446, respectively	$100,064	$126,695
Accounts receivable, net of allowance for doubtful accounts of $396 and $398, respectively	29,405	24,614
Inventories	478,843	377,650
Prepaid expenses and other current assets	45,851	47,547
Total current assets	654,163	576,506
Properties, net	214,048	183,352
Other noncurrent assets	41,993	43,765
Assets, Total	910,204	803,623
Current liabilities:
Accounts payable	102,762	84,238
Gift cards and other deferred revenue	63,002	57,428
Accrued income taxes payable	13,505	14,025
Current portion of long-term debt	2,000
Other accrued liabilities	107,544	110,278
Total current liabilities	288,813	265,969
Long-term debt	204,746	9,500
Other noncurrent liabilities	79,378	78,722
Commitments and contingencies	0
Shareholders' equity:
Common stock, $0.001 par, 500,000,000 shares authorized 125,232,000 issued	125	125
Paid-in capital	222,438	235,637
Retained earnings	713,575	660,040
Cumulative other comprehensive loss	-9,985	-6,114
Less-35,320,000 and 26,517,000 common shares in treasury, at cost, respectively	-588,886	-440,256
Stockholders' Equity Attributable to Parent, Total	337,267	449,432
Liabilities and Equity, Total	$910,204	$803,623

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Feb. 28, 2015	Mar. 01, 2014
In Thousands, except Share data, unless otherwise specified
Cash and cash equivalents, temporary investments	$69,572	$121,446
Accounts receivable, allowance for doubtful accounts	$396	$398
Common stock, par value	$0.00	$0.00
Common stock, shares authorized	500,000,000	500,000,000
Common stock, shares issued	125,232,000	125,232,000
Treasury stock, shares	35,320,000	26,517,000

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Feb. 28, 2015	Mar. 01, 2014	Mar. 02, 2013
Cash flows from operating activities:
Net income	$75,162	$107,531	$129,444
Adjustments to reconcile to net cash provided by operating activities:
Depreciation and amortization	54,299	45,803	38,431
Stock-based compensation expense	7,332	11,984	12,337
Deferred compensation	8,244	6,739	6,192
Deferred income taxes	7,647	13,907	19,928
Excess tax benefit from stock-based awards	-2,694	-2,265	-4,814
Amortization of deferred gains	-3,575	-3,180	-6,917
Change in reserve for uncertain tax positions	-1,078	6,241	-6,252
Other	-2,486	-3,665	-2,087
Change in cash from:
Inventories	-101,193	-21,597	-33,571
Proprietary credit card receivables	-351	-1,585	-2,019
Prepaid expenses and other assets	-4,120	-6,697	-31,620
Accounts payable and accrued expenses	26,330	14,034	-5,516
Accrued income taxes payable, net of payments	2,174	-8,018	10,513
Net cash provided by operating activities	65,691	159,232	124,049
Cash flows from investing activities:
Capital expenditures	-81,859	-80,306	-80,363
Proceeds from disposition of properties	35	12,593	217
Proceeds from sale of restricted investments	1,715	758	1,290
Purchase of restricted investments	-3,192	-3,196	-3,567
Net cash used in investing activities	-83,301	-70,151	-82,423
Cash flows from financing activities:
Cash dividends	-21,627	-21,697	-17,989
Purchases of treasury stock	-185,540	-192,284	-100,000
Proceeds from stock options exercised, stock purchase plan and other, net	2,088	18,923	15,237
Excess tax benefit from stock-based awards	2,694	2,265	4,814
Issuance of long-term debt, net of discount	198,000
Repayments of long-term debt	-1,000
Debt issuance costs	-3,636	-1,149
Borrowing of notes payable	60,000
Repayments of notes payable	-60,000
Net cash used in financing activities	-9,021	-193,942	-97,938
Change in cash and cash equivalents	-26,631	-104,861	-56,312
Cash and cash equivalents at beginning of period	126,695	231,556	287,868
Cash and cash equivalents at end of period	100,064	126,695	231,556
Supplemental cash flow information:
Interest paid	10,213	3,133	3,563
Income taxes paid, net of refund	$42,142	$56,659	$43,740

Consolidated_Statements_of_Sha

Consolidated Statements of Shareholders' Equity (USD $)	Total	Common Stock	Paid-in Capital	Retained Earnings	Cumulative Other Comprehensive Loss	Treasury Stock
In Thousands, except Share data
Beginning Balance at Feb. 25, 2012	$493,643	$125	$231,919	$462,751	($4,473)	($196,679)
Beginning Balance (in shares) at Feb. 25, 2012		109,720,000
Net income	129,444			129,444
Other comprehensive loss	-355				-355
Purchases of treasury stock (in shares)		-5,822,000
Purchases of treasury stock	-100,000					-100,000
Stock-based compensation expense (in shares)		809,000
Stock-based compensation expense	12,337		2,128			10,209
Exercise of stock options, stock purchase plan, and other (in shares)		1,619,000
Exercise of stock options, stock purchase plan, and other	20,051		-529			20,580
Cash dividends ($0.17, 0.21 & 0.24 per share for 2013, 2014 & 2015 respectively)	-17,989			-17,989
Ending Balance at Mar. 02, 2013	537,131	125	233,518	574,206	-4,828	-265,890
Ending Balance (in shares) at Mar. 02, 2013		106,326,000
Net income	107,531			107,531
Other comprehensive loss	-1,286				-1,286
Purchases of treasury stock (in shares)	-11,600,000	-9,788,000
Purchases of treasury stock	-203,892					-203,892
Stock-based compensation expense (in shares)		680,000
Stock-based compensation expense	11,984		2,381			9,603
Exercise of stock options, stock purchase plan, and other (in shares)		1,497,000
Exercise of stock options, stock purchase plan, and other	19,661		-262			19,923
Cash dividends ($0.17, 0.21 & 0.24 per share for 2013, 2014 & 2015 respectively)	-21,697			-21,697
Ending Balance at Mar. 01, 2014	449,432	125	235,637	660,040	-6,114	-440,256
Ending Balance (in shares) at Mar. 01, 2014		98,715,000
Net income	75,162			75,162
Other comprehensive loss	-3,871				-3,871
Purchases of treasury stock (in shares)	-173,932,000	-10,280,000
Purchases of treasury stock	-173,932					-173,932
Stock-based compensation expense (in shares)		875,000
Stock-based compensation expense	7,332		-7,605			14,937
Exercise of stock options, stock purchase plan, and other (in shares)		602,000
Exercise of stock options, stock purchase plan, and other	4,771		-5,594			10,365
Cash dividends ($0.17, 0.21 & 0.24 per share for 2013, 2014 & 2015 respectively)	-21,627			-21,627
Ending Balance at Feb. 28, 2015	$337,267	$125	$222,438	$713,575	($9,985)	($588,886)
Ending Balance (in shares) at Feb. 28, 2015		89,912,000

Consolidated_Statements_of_Sha1

Consolidated Statements of Shareholders' Equity (Parenthetical) (USD $)	12 Months Ended
	Feb. 28, 2015	Mar. 01, 2014	Mar. 02, 2013
Cash dividends, per share	$0.24	$0.21	$0.17

Description_of_Business_and_Su

Description of Business and Summary of Significant Accounting Policies	12 Months Ended
	Feb. 28, 2015
Description of Business and Summary of Significant Accounting Policies	NOTE 1 — DESCRIPTION OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Organization — Pier 1 Imports, Inc. (together with its consolidated subsidiaries, the “Company”) is the original global importer of home décor and furniture. The Company directly imports merchandise from many countries, and sells a wide variety of decorative accessories, furniture, candles, housewares, gifts and seasonal products in its stores and through the Company’s website, pier1.com. Additionally, the Company sells merchandise primarily in “store within a store” locations in Mexico and El Salvador that are operated by Sears Operadora de Mexico, S.A. de C.V. and Corporacion de Tiendas Internationales, S.A. de C.V., respectively.
	Basis of consolidation — The consolidated financial statements of the Company include the accounts of all subsidiaries, and all intercompany transactions and balances have been eliminated upon consolidation.
	Segment information — The Company is a specialty retailer that offers a broad range of products in its stores and on its website and conducts business as one operating segment. During fiscal 2015, 2014 and 2013, respectively, the Company’s domestic operations provided 92.5%, 92.0% and 91.4% of its net sales, with 6.9%, 7.3% and 7.9% provided by stores in Canada, and the remainder from royalties received primarily from Sears Operadora de Mexico S.A. de C.V. As of February 28, 2015, March 1, 2014 and March 2, 2013, $4,707,000, $5,578,000 and $5,344,000, respectively, of the Company’s long-lived assets were located in Canada. There were no long-lived assets in Mexico or El Salvador during any period.
	Use of estimates — Preparation of the financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.
	Reclassifications — Certain items in these consolidated financial statements have been reclassified to conform to the current period presentation.
	Fiscal periods — The Company utilizes 5-4-4 (week) quarterly accounting periods with the fiscal year ending on the Saturday closest to February 28th. Fiscal 2015 ended February 28, 2015, fiscal 2014 ended March 1, 2014 and fiscal 2013 ended March 2, 2013. Both fiscal 2015 and 2014 consisted of 52-week years and fiscal 2013 was a 53-week year.
	Cash and cash equivalents, including temporary investments — The Company considers all highly liquid investments with an original maturity date of three months or less to be cash equivalents, except for those investments that are restricted and have been set aside in a trust to satisfy retirement obligations and are classified as non-current assets. As of February 28, 2015 and March 1, 2014, the Company’s short-term investments classified as cash equivalents included investments primarily in mutual funds totaling $69,572,000 and $121,446,000, respectively. The effect of foreign currency exchange rate fluctuations on cash was not material.
	Translation of foreign currencies — Assets and liabilities of foreign operations are translated into U.S. dollars at fiscal year-end exchange rates. Income and expense items are translated at average exchange rates prevailing during the year. Translation adjustments arising from differences in exchange rates from period to period are included as a separate component of shareholders’ equity and are included in other comprehensive loss. As of February 28, 2015, March 1, 2014 and March 2, 2013, the Company had cumulative other comprehensive loss balances of $(7,425,000), $(3,696,000) and $(1,304,000), respectively, related to cumulative translation adjustments. The adjustments for currency translation during fiscal 2015, 2014 and 2013 resulted in other comprehensive loss, net of tax, as applicable, of $(3,729,000), $(2,391,000) and $(918,000), respectively. Deferred income taxes not recorded on the portion of the cumulative currency translation adjustment considered to be permanently reinvested abroad were immaterial in fiscal 2015, 2014 and 2013.
	Concentrations of risk — The Company has risk of geographic concentration with respect to sourcing the Company’s inventory purchases. However, the Company believes alternative merchandise sources could be procured over a reasonable period of time. Pier 1 Imports sells merchandise imported from many countries, with approximately 59% of its sales derived from merchandise produced in China, 14% derived from merchandise produced in India and 18% collectively derived from merchandise produced in Vietnam, Indonesia and the United States. The remaining sales were from merchandise produced in various other countries around the world.
	Financial instruments — The fair value of financial instruments is determined by reference to various market data and other valuation techniques as appropriate. There were no assets or liabilities with a fair value significantly different from the recorded value as of February 28, 2015 or March 1, 2014.
	Risk management instruments: The Company may utilize various financial instruments to manage interest rate and market risk associated with its on- and off-balance sheet commitments.
	From time to time, the Company hedges certain commitments denominated in foreign currencies through the purchase of forward contracts. The forward contracts are purchased to cover a portion of commitments to buy merchandise for resale. The Company also, on occasion, uses contracts to hedge its exposure associated with the repatriation of funds from its Canadian operations. As of February 28, 2015 and March 1, 2014, there were no material outstanding contracts to hedge exposure associated with the Company’s merchandise purchases denominated in foreign currencies or the repatriation of Canadian funds. For financial accounting purposes, the Company does not designate such contracts as hedges. Thus, changes in the fair value of both types of forward contracts would be included in the Company’s consolidated statements of operations. The changes in fair value and settlement of these contracts were not material and were included in cost of sales for forward contracts related to merchandise purchases, and in selling, general and administrative expense for forward contracts associated with the repatriation of Canadian funds.
	When the Company enters into forward foreign currency exchange contracts, it enters into them with major financial institutions and monitors its positions with, and the credit quality of, these counterparties to such financial instruments.
	Accounts receivable — The Company’s accounts receivable are stated at carrying value less an allowance for doubtful accounts. These receivables consist largely of third-party credit card receivables for which collection is reasonably assured. The remaining receivables are periodically evaluated for collectability, and an allowance for doubtful accounts is recorded as appropriate. At the end of fiscal 2015, accounts receivable included $6.7 million related to life insurance settlement proceeds that were received during the first quarter of fiscal 2016.
	Inventories — The Company’s inventory is comprised of finished merchandise and is stated at the lower of weighted average cost or market value. Cost is calculated based upon the actual landed cost of an item at the time it is received in the Company’s distribution center using vendor invoices, the cost of warehousing and transporting merchandise to the stores and other direct costs associated with purchasing merchandise.
	The Company recognizes known inventory losses, shortages and damages when incurred and maintains a reserve for estimated shrinkage since the last physical count, when actual shrinkage was recorded. The amount of the reserve is estimated based on historical experience from the results of its physical inventories. The reserves for estimated shrinkage at the end of fiscal 2015 and 2014 were $5,105,000 and $5,120,000, respectively.
	Properties, maintenance and repairs — Buildings, equipment, furniture and fixtures, and leasehold improvements are carried at cost less accumulated depreciation. Depreciation is computed using the straight-line method over estimated remaining useful lives of the assets, generally 30 years for buildings and three to ten years for equipment, furniture and fixtures. Depreciation of improvements to leased properties is based upon the shorter of the remaining primary lease term or the estimated useful lives of such assets. Depreciation related to the Company’s distribution and fulfillment centers, including related equipment, is included in cost of sales. All other depreciation costs are included in depreciation and amortization and were $46,304,000, $38,873,000 and $30,988,000 in fiscal 2015, 2014 and 2013, respectively.
	Expenditures for maintenance, repairs and renewals that do not materially prolong the original useful lives of the assets are charged to expense as incurred. In the case of disposals, assets and the related depreciation are removed from the accounts and the net amount, less proceeds from disposal, is credited or charged to income.
	Long-lived assets are reviewed for impairment at least annually and whenever an event or change in circumstances indicates that their carrying values may not be recoverable. If the carrying value exceeds the sum of the expected undiscounted cash flows, the assets are considered impaired. Impairment, if any, is recorded in the period in which the impairment occurred. The Company recorded no material impairment charges in fiscal 2015, 2014 or 2013.
	Insurance provision — The Company maintains insurance for workers’ compensation and general liability claims with deductibles of $1,000,000 per occurrence. The liability recorded for such claims is determined by estimating the total future claims cost for events that occurred prior to the balance sheet date. The estimates consider historical claims loss development factors as well as information obtained from and projections made by the Company’s broker, actuary, insurance carriers and third party claims administrators. The recorded liabilities for workers’ compensation and general liability claims include claims occurring in prior years but not yet settled and reserves for fees. The recorded liability for workers’ compensation claims and fees was $22,845,000 and $20,480,000 at February 28, 2015 and March 1, 2014, respectively. The recorded liability for general liability claims and fees was $4,455,000 and $6,619,000 at February 28, 2015 and March 1, 2014, respectively.
	Revenue recognition — Revenue is recognized upon customer receipt or delivery for retail sales. A reserve has been established for estimated merchandise returns based upon historical experience and other known factors. The reserves for estimated merchandise returns at the end of fiscal 2015 and 2014 were $2,859,000 and $2,748,000, respectively. The Company’s revenues are reported net of discounts and returns, net of sales tax and third-party credit card fees, and include wholesale sales and royalties received from Sears Operadora de Mexico S.A. de C.V. and Corporacion de Tiendas Internationales, S.A. de C.V. Amounts billed to customers for shipping and handling are included in net sales.
	Cost of sales — Cost of sales includes the cost of the merchandise, buying expenses, costs related to the Company’s distribution network (including depreciation) and store occupancy expenses. The costs incurred by the Company for shipping and handling are recorded in cost of sales.
	Gift cards — Revenue associated with gift cards is recognized when merchandise is sold and a gift card is redeemed as payment. Gift card breakage is estimated and recorded as income based upon an analysis of the Company’s historical data and expected trends in redemption patterns and represents the remaining unused portion of the gift card liability for which the likelihood of redemption is remote. If actual redemption patterns vary from the Company’s estimates or if regulations change, actual gift card breakage may differ from the amounts recorded. For all periods presented, estimated gift card breakage was recognized 30 months after the original issuance and was $3,938,000, $4,455,000 and $4,348,000 in fiscal 2015, 2014 and 2013, respectively.
	Leases — The Company leases certain property consisting principally of retail stores, warehouses, its home office and material handling and office equipment under operating leases expiring through fiscal 2029. Most retail store locations were leased for primary terms of ten years with varying renewal options and rent escalation clauses. Escalations occurring during the primary terms of the leases are included in the calculation of the future minimum lease payments, and the rent expense related to these leases is recognized on a straight-line basis over the lease term, including free rent periods prior to the opening of its stores. The portion of rent expense applicable to a store before opening is included in selling, general and administrative expenses. Once opened for business, rent expense is included in cost of sales. Certain leases provide for additional rental payments based on a percentage of sales in excess of a specified base. This additional rent is accrued when it appears probable that the sales will exceed the specified base. Construction allowances received from landlords are initially recorded as lease liabilities and amortized as a reduction of rental expense over the primary lease term.
	Advertising costs — Advertising production costs are expensed the first time the advertising occurs and all other advertising costs are expensed as incurred. Advertising costs were $81,483,000, $76,071,000 and $71,214,000 in fiscal 2015, 2014 and 2013, respectively. Prepaid advertising at the end of fiscal years 2015 and 2014 was $4,269,000 and $2,951,000, respectively.
	Defined benefit plans — The Company maintains supplemental retirement plans for certain of its current and former executive officers. These plans provide that upon death, disability, reaching retirement age or certain termination events, a participant will receive benefits based on highest compensation, years of service and years of plan participation. These benefit costs are dependent upon numerous factors, assumptions and estimates. Benefit costs may be significantly affected by changes in key actuarial assumptions such as discount rates, compensation increase rates, or retirement dates used to determine the projected benefit obligation. Additionally, changes made to the provisions of the plans may impact current and future benefit costs. In accordance with accounting rules, changes in benefit obligations associated with these factors may not be immediately recognized as costs in the statement of operations, but recognized in future years over the remaining average service period of plan participants. See Note 5 of the Notes to Consolidated Financial Statements for further discussion.
	Income taxes — The Company accounts for income taxes using the asset and liability method. Under this method, deferred tax assets and liabilities are determined based on differences between financial reporting and income tax bases of assets and liabilities and are measured using the enacted tax rates and laws that will be in effect when the differences are expected to reverse. Deferred tax assets and liabilities are recorded in the Company’s consolidated balance sheet and are classified as current or noncurrent based on the classification of the related assets or liabilities for financial reporting purposes. A valuation allowance is recorded to reduce the carrying amounts of deferred tax assets unless it is more likely than not that such assets will be realized. In assessing the need for a valuation allowance, all available evidence is considered including past operating results, estimates of future income and tax planning strategies. The Company is subject to income tax in many jurisdictions, including the United States, various states, provinces, localities and foreign countries, for which the Company records estimated reserves for uncertain tax positions for both domestic and foreign income tax issues. At any point in time, multiple tax years are subject to audit by these various jurisdictions. However, negotiations with taxing authorities may yield results different from those currently estimated. See Note 7 of the Notes to Consolidated Financial Statements for further discussion.
	Earnings per share — Basic earnings per share amounts were determined by dividing net income by the weighted average number of common shares outstanding for the period. Diluted earnings per share amounts were similarly computed, and have included the effect, if dilutive, of the Company’s weighted average number of stock options outstanding and shares of unvested restricted stock.
	Earnings per share amounts were calculated as follows (in thousands except per share amounts):
		2015		2014		2013
	Net Income	$	75,162	$	107,531	$	129,444
	Weighted average shares outstanding:
	Basic		91,081		104,121		106,222
	Effect of dilutive stock options		696		1,268		1,337
	Effect of dilutive restricted stock		351		859		700
	Diluted		92,128		106,248		108,259
	Earnings per share:
	Basic	$	0.83	$	1.03	$	1.22
	Diluted	$	0.82	$	1.01	$	1.2
	Outstanding stock options totaling 114,623 for fiscal 2015, 6,624 for fiscal 2014 and 961,575 for fiscal 2013 were excluded from the computation of earnings per share, as the effect would be antidilutive.
	Stock-based compensation — The Company’s stock-based compensation relates to stock options, restricted stock awards and director deferred stock units. Accounting guidance requires all companies to measure and recognize compensation expense at an amount equal to the fair value of share-based payments granted. Compensation expense is recognized for any unvested stock option awards and restricted stock awards on a straight-line basis or ratably over the requisite service period. Stock option exercise prices equal the fair market value of the shares on the date of the grant. The fair value of stock options is calculated using a Black-Scholes option pricing model. For time-based and certain performance-based restricted stock awards, compensation expense is measured and recorded using the closing price of the Company’s stock on the date of grant. If the date of grant for stock options or restricted stock awards occurs on a day when the Company’s stock is not traded, the closing price on the last trading day before the date of grant is used. A portion of the performance-based shares vests upon the Company satisfying certain performance targets. The Company records compensation expense for these awards with a performance condition when it is probable that the condition will be achieved. The compensation expense ultimately recognized, if any, related to these awards will equal the grant date fair value for the number of shares for which the performance condition has been satisfied. The remaining performance-based shares are based on a market condition and may vest if certain annual equivalent returns of total shareholder return targets are achieved in comparison to a peer group. The fair value for these performance-based shares was determined using a lattice valuation model in accordance with accounting guidelines.
	The Company estimates forfeitures based on its historical forfeiture experience, and adjusts forfeiture estimates based on actual forfeiture experience for all awards with service conditions. The effect of any forfeiture adjustments was insignificant.
	Adoption of new accounting standards — In May 2014, the Financial Accounting Standards Board issued Accounting Standards Update 2014-09, “Revenue from Contracts with Customers,” which creates a new Topic, Accounting Standards Codification Topic 606. The standard is principle-based and provides a five-step model to determine when and how revenue is recognized. The core principle is that a company should recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. This standard is effective for the Company beginning in fiscal 2018 at the earliest, and allows for either full retrospective adoption or modified retrospective adoption. The Company is currently evaluating the impact of the adoption of Topic 606 on its financial statements.
	In April 2015, the Financial Accounting Standards Board issued Accounting Standards Update 2015-03, “Interest — Imputation of Interest”. To simplify presentation of debt issuance costs, the amendments in this standard would require that debt issuance costs be presented in the balance sheet as a direct deduction from the carrying amount of debt, consistent with debt discounts or premiums. The recognition and measurement guidance for debt issuance costs would not be affected by the amendments in this standard. This Accounting Standards Update is the final version of Proposed Accounting Standards Update 2014-250, “Interest — Imputation of Interest (Subtopic 835-30)”, which has been deleted. The standard is effective for the Company beginning in fiscal 2017. The Company is currently evaluating the impact of the adoption on its consolidated financial statements.

Properties

Properties	12 Months Ended
	Feb. 28, 2015
Properties	NOTE 2 — PROPERTIES
	Properties are summarized as follows at February 28, 2015 and March 1, 2014 (in thousands):
		2015		2014
	Land	$	535	$	535
	Buildings		8,087		8,087
	Equipment, furniture, fixtures and other		342,407		303,822
	Leasehold improvements		213,148		203,938
	Computer software		89,271		85,157
	Projects in progress		6,837		6,059
			660,285		607,598
	Less accumulated depreciation and amortization		446,237		424,246
	Properties, net	$	214,048	$	183,352
	During fiscal 2014, the Company sold all remaining company-owned store locations including the buildings and accompanying land for net proceeds of approximately $12,379,000. The Company also entered into lease agreements for each of these locations. The leases have primary terms ranging from five years to ten years with renewal options and provisions similar to the Company’s existing store leases. The related gain on the sale of the properties was approximately $7,338,000, the majority of which was deferred and will be recognized over the expected lease term of each respective location. The remaining deferred gain is primarily included in other noncurrent liabilities and was $5,572,000 and $6,358,000 as of February 28, 2015 and March 1, 2014, respectively.

Other_Accrued_Liabilities_and_

Other Accrued Liabilities and Noncurrent Liabilities	12 Months Ended
	Feb. 28, 2015
Other Accrued Liabilities and Noncurrent Liabilities	NOTE 3 — OTHER ACCRUED LIABILITIES AND NONCURRENT LIABILITIES
	The following is a summary of other accrued liabilities and noncurrent liabilities at February 28, 2015 and March 1, 2014 (in thousands):
		2015		2014
	Accrued payroll and other employee-related liabilities	$	59,422	$	46,275
	Accrued taxes, other than income		23,160		20,568
	Rent-related liabilities		7,854		6,946
	Other		17,108		36,489
	Other accrued liabilities	$	107,544	$	110,278
	Rent-related liabilities	$	26,263	$	23,444
	Deferred gains		5,666		7,573
	Retirement benefits		41,791		42,050
	Other		5,658		5,655
	Other noncurrent liabilities	$	79,378	$	78,722

LongTerm_Debt_and_Available_Cr

Long-Term Debt and Available Credit	12 Months Ended
	Feb. 28, 2015
Long-Term Debt and Available Credit	NOTE 4 — LONG-TERM DEBT AND AVAILABLE CREDIT
	Industrial Revenue Bonds — The Company has industrial revenue bonds outstanding totaling $9,500,000 at February 28, 2015 and March 1, 2014. The Company’s industrial revenue bonds have been outstanding since fiscal 1987. Proceeds were used to construct warehouse/distribution facilities. The loan agreements and related tax-exempt bonds mature in the year 2026. The Company’s interest rates on the loans are based on the bond interest rates, which are market driven, reset weekly and are similar to other tax-exempt municipal debt issues. The Company’s weighted average effective interest rate, including standby letter of credit fees, was 1.7%, 1.9% and 2.4% for fiscal 2015, 2014 and 2013, respectively.
	Revolving Credit Facility — The Company has a $350,000,000 secured revolving credit facility with a $100,000,000 accordion feature (“Revolving Credit Facility”). The Company completed a second amendment to its Revolving Credit Facility on April 30, 2014, in order to allow additional borrowings under a senior secured term loan facility (“Term Loan Facility”) which closed on the same day. Substantially all other material terms and conditions applicable under the Revolving Credit Facility remain unchanged. Provided that there is no default and no default would occur as a result thereof, the Company may request that the Revolving Credit Facility be increased to an amount not to exceed $450,000,000. The Revolving Credit Facility matures in June 2018 and is secured primarily by the Company’s eligible merchandise inventory and third-party credit card receivables and certain related assets on a first priority basis and, following the incurrence of the Term Loan Facility indebtedness discussed below, is secured on a second lien basis by substantially all other assets of certain of the Company’s subsidiaries, subject to certain exceptions. At the Company’s option, borrowings will bear interest, payable quarterly or, if earlier, at the end of each interest period, at either (a) the LIBOR rate plus a spread varying from 125 to 175 basis points per year, depending on the amount then borrowed under the Revolving Credit Facility, or (b) the prime rate (as defined in the Revolving Credit Facility) plus a spread varying from 25 to 75 basis points per year, depending on the amount then borrowed under the Revolving Credit Facility. The Company pays a fee ranging from 125 to 175 basis points per year for standby letters of credit depending on the average daily availability as defined by the agreement, 62.5 to 87.5 basis points per year for trade letters of credit, and a commitment fee of 25 basis points per year for any unused amounts. As of February 28, 2015 and March 1, 2014, the fee for standby letters of credit was 125 basis points per year and 62.5 basis points per year for trade letters of credit. In addition, the Company will pay, when applicable, letter of credit fronting fees on the amount of letters of credit outstanding.
	The Revolving Credit Facility includes a requirement that the Company has minimum availability equal to the greater of 10% of the line cap, as defined under the Revolving Credit Facility, or $20,000,000. The Company’s Revolving Credit Facility may limit the ability of the Company to, among other things, incur or guarantee additional indebtedness, pay dividends on, or redeem or repurchase capital stock, make certain acquisitions or investments, incur or permit to exist certain liens, enter into transactions with affiliates or sell the Company’s assets to, or merge or consolidate with or into, another company, in each case, subject to certain exceptions. The Company will not be restricted from paying certain dividends unless credit extensions on the line result in availability over a specified period of time that is projected to be less than 17.5% of the lesser of either $350,000,000 or the calculated borrowing base, subject to the Company meeting a fixed charge coverage requirement when availability over the same specified period of time is projected to be less than 30% of the lesser of either $350,000,000 or the calculated borrowing base.
	During fiscal 2015 the Company repaid all cash borrowings under the Revolving Credit Facility. During fiscal 2014 and 2013 there were no cash borrowings under the Revolving Credit Facility. Credit extensions under the Revolving Credit Facility are limited to the lesser of $350,000,000 or the amount of the calculated borrowing base, as defined by the agreement, which was $393,248,000 as of February 28, 2015. The borrowing base calculation was subject to advance rates and commercially reasonable availability reserves. As of February 28, 2015, the Company utilized approximately $38,069,000 in letters of credit and bankers’ acceptances against the Revolving Credit Facility. Of the outstanding balance, approximately $1,644,000 related to trade letters of credit and bankers’ acceptances for merchandise purchases, $20,250,000 related to a standby letter of credit for the Company’s workers’ compensation and general liability insurance policies, $9,715,000 related to a standby letter of credit related to the Company’s industrial revenue bonds and $6,460,000 related to other miscellaneous standby letters of credit. After excluding the $38,069,000 in utilized letters of credit and bankers’ acceptances from the borrowing base, $311,931,000 remained available for cash borrowings.
	Term Loan Facility — The Company entered into the Term Loan Facility on April 30, 2014. The Term Loan Facility matures on April 30, 2021, and is secured by a second lien on all assets subject to a first lien under the Revolving Credit Facility and a first lien on substantially all other assets of certain of the Company’s subsidiaries, subject to certain exceptions. At the Company’s option, borrowings under the Term Loan Facility will bear interest, payable quarterly or, if earlier, at the end of each interest period, at either (a) the LIBOR rate (as defined in the Term Loan Facility) subject to a 1% floor plus 350 basis points per year or (b) the base rate (as defined in the Term Loan Facility) subject to a 2% floor plus 250 basis points per year. The Company’s weighted average effective interest rate, including fees, was 5.0% for fiscal 2015. As of February 28, 2015, the Company had $199,000,000 in borrowings under the Term Loan Facility with a carrying value of $197,246,000, net of unamortized discounts. The proceeds of the loan were used for general corporate purposes, including working capital needs, capital expenditures, and share repurchases and dividends permitted under the Term Loan Facility. The Term Loan Facility is subject to quarterly amortization of principal equal to 0.25% of the original aggregate principal amount of the loans, with the balance due at final maturity. The Company could be subject to an annual excess cash flow repayment requirement, as defined in the Term Loan Facility, beginning with the fiscal year ending February 28, 2015. At the Company’s option, and subject to the requirements and provisions of the Term Loan Facility, the Company can prepay the Term Loan Facility at any time prior to 12 months after closing subject to a 1% penalty in certain cases, and without penalty thereafter. The fair value of the Term Loan Facility was approximately $199,000,000 as of February 28, 2015, which was measured at fair value using the quoted market price. The Term Loan Facility was classified as Level 2 based on the frequency and volume of trading for which the price was readily available. Level 2 inputs include quoted prices in active markets for similar assets or liabilities; quoted prices for identical or similar assets or liabilities in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the asset or liability.
	The Term Loan Facility includes restrictions on the Company’s ability to, among other things, incur or guarantee additional indebtedness, pay dividends on, or redeem or repurchase shares of the Company’s capital stock, make certain acquisitions or investments, materially change the business of the Company, incur or permit to exist certain liens, enter into transactions with affiliates or sell the Company’s assets to, or merge or consolidate with or into, another company, in each case subject to certain exceptions. The Term Loan Facility does not require the Company to comply with any financial maintenance covenants, but contains certain customary representations and warranties, affirmative covenants and provisions relating to events of default. The Term Loan Facility provides for incremental facilities, subject to certain conditions, including the meeting of certain leverage ratio requirements as defined therein, to the extent such facilities exceed an incremental $200,000,000.
	The Term Loan Facility matures as follows (in thousands):
	Fiscal Year	Amount
	2016	$	2,000
	2017		2,000
	2018		2,000
	2019		2,000
	Thereafter		191,000
	Total		199,000
	Debt Discount		(1,754	)
	Total Debt	$	197,246

Employee_Benefit_Plans

Employee Benefit Plans	12 Months Ended
	Feb. 28, 2015
Employee Benefit Plans	NOTE 5 — EMPLOYEE BENEFIT PLANS
	The Company offers a qualified defined contribution employee retirement plan (“Qualified Plan”) to all of its full- and part-time personnel who are at least 18 years old and have been employed for a minimum of six months. During fiscal 2015, 2014 and 2013, employees contributing 1% to 5% of their compensation received a matching Company contribution of up to 3%. Company contributions to the plan were $2,455,000, $2,071,000 and $2,119,000 in fiscal 2015, 2014 and 2013, respectively.
	In addition, the Company offers non-qualified deferred compensation plans (“Non-Qualified Plans”) for the purpose of providing deferred compensation for certain employees whose benefits under the Qualified Plan may be limited under Section 401(k) of the Internal Revenue Code. The Company’s expense for the Non-Qualified Plans was $1,269,000, $1,381,000 and $1,051,000 for fiscal 2015, 2014 and 2013, respectively. The Company has trusts established for the purpose of setting aside funds to be used to settle certain obligations of the Non-Qualified Plans, and contributed $3,192,000 and used $1,715,000 to satisfy a portion of retirement obligations during fiscal 2015. The Company also contributed $3,196,000 and used $758,000 to satisfy a portion of retirement obligations during fiscal 2014. The trusts’ assets included investments and life insurance policies on the lives of former key executives. As of February 28, 2015 and March 1, 2014, the trusts’ investments had an aggregate value of $10,571,000 and $6,673,000, respectively. The investments were held primarily in mutual funds and are classified as other noncurrent assets. All investments held in the trusts are valued at fair value using Level 1 Inputs, which are unadjusted quoted prices in active markets for identical assets or liabilities. The Company has accounted for the restricted investments as trading securities. The life insurance policies held in the trusts are carried at fair value and were classified as other noncurrent assets. The policies had cash surrender values of $5,736,000 and $6,728,000, and death benefits of $11,336,000 and $13,127,000 as of February 28, 2015 and March 1, 2014, respectively. The decreases compared to prior year resulted from the recognition of the death benefit value of certain policies during fiscal 2015. The trusts’ assets are restricted and may only be used to satisfy obligations to the Non-Qualified Plans’ participants.
	The Company also owns and is the beneficiary of a number of life insurance policies on the lives of former key executives that are unrestricted as to use. At the discretion of the Board of Directors such policies could be contributed to the trusts described above or to the trusts established for the purpose of setting aside funds to be used to satisfy obligations arising from supplemental retirement plans described below. The cash surrender value of the unrestricted policies was $13,096,000 and $18,068,000, and the death benefit was $19,927,000 and $26,362,000 as of February 28, 2015 and March 1, 2014, respectively. The cash surrender value of these policies is included in other noncurrent assets. The decreases compared to prior year resulted from the recognition of the death benefit value of certain policies during fiscal 2015.
	The Company maintains supplemental retirement plans for certain of its current and former executive officers. These plans provide that upon death, disability, reaching retirement age or certain termination events, a participant will receive benefits based on highest compensation, years of service and years of plan participation. The Company recorded expenses related to the plans of $5,993,000, $4,023,000 and $3,423,000 in fiscal 2015, 2014 and 2013, respectively.
	The plans are not funded and thus have no plan assets. However, a trust has been established for the purpose of setting aside funds to be used to settle the plans’ obligations upon retirement or death of certain participants. The trust assets are consolidated in the Company’s financial statements and consist of interest bearing investments in the amount of $17,000 as of February 28, 2015 and March 1, 2014, that are included in other noncurrent assets. The investments are restricted and may only be used to satisfy retirement obligations to certain participants. The Company has accounted for the restricted investments as available-for-sale securities. During fiscal 2015 and 2014, there were no cash contributions made to the trust and no restricted investments were sold to fund retirement benefits. Any future contributions will be made at the discretion of the Board of Directors. Funds from the trust will be used to fund or partially fund benefit payments. The Company expects to pay $127,000 during fiscal 2016, $127,000 during fiscal 2017, $127,000 during fiscal 2018, $27,111,000 during fiscal 2019, $134,000 during fiscal 2020, and $1,218,000 during fiscal years 2021 through 2025 under the plans.
	Measurement of obligations for the plans is calculated as of each fiscal year end. The following provides a reconciliation of benefit obligations and funded status of the plans as of February 28, 2015 and March 1, 2014 (in thousands):
			2015			2014
	Change in projected benefit obligation:
	Projected benefit obligation, beginning of year		$	27,481		$	25,573
	Service cost			1,402			1,456
	Interest cost			823			765
	Actuarial (gain) loss			2,772			(188	)
	Benefits paid (including settlements)			(7,707	)		(125	)
	Curtailment			633			—
	Projected benefit obligation, end of year		$	25,404		$	27,481
	Reconciliation of funded status:
	Projected benefit obligation		$	25,404		$	27,481
	Plan assets			—			—
	Funded status		$	(25,404	)	$	(27,481	)
	Accumulated benefit obligation		$	(25,404	)	$	(27,481	)
	Amounts recognized in the balance sheets:
	Current liability		$	(127	)	$	(127	)
	Noncurrent liability			(25,277	)		(27,354	)
	Accumulated other comprehensive loss, pre-tax			4,361			4,724
	Net amount recognized		$	(21,043	)	$	(22,757	)
	Cumulative other comprehensive loss, net of taxes of $3,121 and $3,261 in fiscal 2015 and 2014, respectively		$	1,240		$	1,463
	Weighted average assumptions used to determine:
	Benefit obligation, end of year:
	Discount rate			2.5	%		3	%
	Lump-sum conversion discount rate			4	%		5	%
	Rate of compensation increase (1)			3	%		0	%
	Net periodic benefit cost for years ended:
	Discount rate			2.5	%		3	%
	Lump-sum conversion discount rate			4	%		5	%
	Rate of compensation increase			0	%		3	%
	(1)	The rate of compensation increase shown above assumes an increase of 0% for fiscal year 2016 and 3% for fiscal years thereafter, except for the Company’s CEO. The CEO’s rate of compensation is set forth in his employment agreement.
	The Company’s former Chief Financial Officer retired on February 10, 2015. As of his retirement date, he had earned under one of the plans an early retirement benefit payment of $7,573,981, which is not included in the projected benefit obligation at fiscal 2015 year end. The benefit payment will be paid during fiscal 2016 and is included in other accrued liabilities.
	Net periodic benefit cost included the following actuarially determined components during fiscal 2015, 2014 and 2013 as shown in the table below (in thousands). The amortization of amounts related to unrecognized prior service costs and net actuarial loss were reclassified out of other comprehensive income as a component of net periodic benefit cost.
			2015			2014			2013
	Service cost		$	1,402		$	1,456		$	1,353
	Interest cost			823			765			740
	Amortization of unrecognized prior service cost			410			410			410
	Amortization of net actuarial loss			1,329			1,392			1,408
	Settlement			1,248			—			(488	)
	Curtailment			781			—			—
	Net periodic benefit cost		$	5,993		$	4,023		$	3,423
	As of February 28, 2015 and March 1, 2014, cumulative other comprehensive loss included amounts that had not been recognized as components of net periodic benefit cost related to prior service cost of $178,000 and $736,000, and net actuarial loss of $4,183,000 and $3,988,000, respectively. During fiscal 2015, 2014 and 2013, $(2,772,000), $188,000 and $(854,000), respectively, were recognized in other comprehensive income related to net actuarial gain (loss) for the period. The estimated prior service cost and net actuarial loss that will be amortized from cumulative other comprehensive loss into net periodic benefit cost in fiscal 2016 are $59,000 and $1,394,000, respectively.

Matters_Concerning_Shareholder

Matters Concerning Shareholders' Equity	12 Months Ended
	Feb. 28, 2015
Matters Concerning Shareholders' Equity	NOTE 6 — MATTERS CONCERNING SHAREHOLDERS’ EQUITY
	The Pier 1 Imports, Inc. 2006 Stock Incentive Plan (“2006 Plan”) was approved by the shareholders on June 22, 2006. The aggregate number of shares available for issuance under the 2006 Plan included a new authorization of 1,500,000 shares, plus shares (not to exceed 560,794 shares) that remained available for grant under the Pier 1 Imports, Inc. 1999 Stock Plan (“1999 Stock Plan”) and the Pier 1 Imports, Inc. Management Restricted Stock Plan, increased by the number of shares (not to exceed 11,186,150 shares) subject to outstanding awards on March 23, 2006, under these prior plans that cease to be subject to such awards. As of February 28, 2015, there were a total of 3,447,563 shares available for issuance under the 2006 Plan.
	Restricted stock awarded to the Chief Executive Officer — On June 13, 2012, upon the recommendation of the Compensation Committee, the Board of Directors approved a renewal and extension of the employment agreement for the Chief Executive Officer (“CEO”). This renewal and extension provides that a total of 1,125,000 shares of restricted stock will be awarded over a three-year period that began during fiscal 2014. 540,000 of the shares are time-based and the remaining 585,000 shares are performance-based. In accordance with the accounting guidance on equity compensation, all 540,000 shares of the time-based restricted stock included in the renewed and extended employment agreement had a grant date as of the date of the employment agreement, which was June 13, 2012. On the date the employment agreement was signed, June 13, 2012, both the Company and the CEO had a mutual understanding of all key terms and conditions related to the time-based restricted stock awards, and the Company became obligated to issue the restricted stock awards to the CEO, subject only to his continued employment. In addition, all necessary approvals from both the Company’s Compensation Committee and Board of Directors were obtained on June 13, 2012, for the restricted stock awards. Therefore, on June 13, 2012, the Company began expensing these time-based shares, which had a grant date fair value of $15.58 per share. The Company did not begin expensing any of the performance-based awards during fiscal 2013 because the performance-based metrics, which are a key term of the awards, had not been established and, therefore, both parties did not have a mutual understanding of all key terms of the performance-based awards.
	During fiscal 2015, pursuant to the renewed and extended agreement described above, the CEO received performance-based shares of restricted stock that vest equally over a period of three fiscal years if the Company achieves certain fiscal year targeted levels of a performance measure for each year as defined in the agreement and associated award agreements. Shares that do not vest because the performance target is not met during one fiscal year may vest in future fiscal years if certain aggregate levels of the performance measure are achieved. The vesting of performance-based shares will occur on the date the Company’s Annual Report on Form 10-K is filed with the Securities and Exchange Commission (“SEC”) for each respective fiscal year. In accordance with accounting guidelines, one-third of the performance-based shares had a grant date in fiscal 2015 and the Company began expensing these shares during fiscal 2015. The remaining two-thirds of the performance shares did not have a grant date in fiscal 2015 because the performance targets for future fiscal years, which are a key term of the award, have not been established and, therefore, both parties did not have a mutual understanding of all key terms of the award. The CEO must be employed by the Company on the last day of each respective fiscal year in order for the performance-based shares to vest. These shares could also vest under certain termination events. During fiscal 2015, the Company also began expensing performance-based restricted shares awarded in previous fiscal years that were based on the fiscal 2015 performance target. These performance-based shares expensed during fiscal 2015 had a grant date fair value of $18.69 per share. However, the fiscal 2015 performance target was not achieved and the related expense was reversed. In addition, the CEO also received an award of performance-based shares during fiscal 2015 that are based on a market condition and may vest following the end of fiscal 2017 if certain annual equivalent returns of total shareholder return targets are achieved in comparison to a peer group. The grant date fair value for these performance-based shares was determined using a lattice valuation model in accordance with accounting guidelines, and the Company began expensing these shares at $9.94 per share during fiscal 2015.
	Restricted stock awarded to certain employees — During fiscal 2015, the Company awarded long-term incentive awards under the 2006 Plan to certain employees. Fiscal 2015 long-term incentive awards were comprised of restricted stock grants that were divided between time-based and three different types of performance-based awards. The time-based shares vest 33%, 33% and 34% each year over a three-year period beginning on the first anniversary of the award date provided that the participant is employed on the vesting date, and in accordance with accounting guidelines, the Company began expensing the time-based shares at $17.78 per share during fiscal 2015. The first portion of the performance-based shares may vest 33% upon the Company satisfying a certain targeted level of a performance measure established in fiscal 2015 and has a fair value of $17.78 per share. The remaining shares may vest 33% and 34% for each of the following two fiscal years, respectively, upon the Company satisfying a certain targeted level of a performance measure for the respective fiscal years, provided that vesting for each fiscal year is conditioned upon the participant being employed on the date of filing of the Company’s Annual Report on Form 10-K with the SEC for the applicable fiscal year. In accordance with accounting guidelines, only 33% of fiscal 2015 performance-based shares had a grant date in fiscal 2015 because the targeted performance measure for future fiscal years, which are a key term of the award, had not been established and, therefore, both parties did not have a mutual understanding of all key terms of the award. Shares that do not vest because the performance target is not met during one fiscal year may vest in future fiscal years if certain aggregate levels of the performance measure are achieved. During fiscal 2015, the Company also began expensing performance-based restricted shares awarded in previous fiscal years that were based on the fiscal 2015 performance target. These performance-based shares had a grant date fair value of $18.69 per share.
	The second portion of the performance-based shares awarded in fiscal 2015 is based on the achievement of both a total sales threshold and an e-Commerce percent of total sales for fiscal 2017 and may vest on the date of filing of the Company’s fiscal 2017 Annual Report on Form 10-K with the SEC if certain thresholds are met. The fair value of these performance-based shares was $17.78. The third portion of the performance-based shares awarded in fiscal 2015 is based on a market condition and may vest following the end of fiscal 2017 if certain annual equivalent returns of total shareholder return targets are achieved in comparison to a peer group. The fair value for these performance-based shares was determined using a lattice valuation model in accordance with accounting guidelines, and the Company began expensing these shares at $9.04 per share during fiscal 2015.
	During fiscal 2015, the Company awarded one-time grants of service-based long-term restricted stock to three of its executive officers. A total of 122,280 shares was awarded equally among the three officers, which had a grant date fair value of $12.30. The Company began expensing these shares during fiscal 2015. Each officer’s shares will vest one half on October 16, 2019, and the remaining shares will vest on October 16, 2020, provided that the officer is employed on each respective vesting date.
	As of February 28, 2015 and March 1, 2014, the Company had 1,025,638 and 823,826 unvested shares of restricted stock awards outstanding, respectively (excluding shares unvested with respect to CEO grants). During fiscal 2015, 633,852 shares of restricted stock were awarded, 272,041 shares of restricted stock vested, and 159,999 shares of restricted stock were forfeited. The weighted average fair market value at the date of grant of the restricted stock shares awarded during fiscal 2015 was $16.04 per share and is being expensed over the requisite service period. This amount does not include performance-based restricted shares that the Company will begin expensing in future fiscal years when the targeted performance measures are set, but does include performance-based restricted shares awarded in previous fiscal years that were based on a fiscal 2015 targeted performance measure.
	Restricted stock compensation expense — Compensation expense for restricted stock was $7,240,000, $11,890,000 and $12,167,000 in fiscal 2015, 2014 and 2013, respectively. For performance-based awards, the grant date fair value is based on the probable outcome of Pier 1 Imports achieving performance targets. However, targets for fiscal 2015 and 2014 were not achieved, the maximum number of shares did not vest and as a result, compensation expense was lowered by $3,200,000 and $1,475,000 in fiscal 2015 and 2014, respectively. As of February 28, 2015, there was $15,020,000 of total unrecognized compensation expense related to restricted stock that may be recognized over a weighted average period of 2.0 years. The total fair value of restricted stock awards vested was $7,098,000, $17,810,000 and $15,339,000 in fiscal 2015, 2014 and 2013, respectively.
	The Company realized a total tax benefit related to stock-based compensation of $5,856,000, $3,993,000 and $7,605,000 during fiscal years 2015, 2014 and 2013, respectively, of which $2,695,000, $2,265,000 and $4,814,000 were recorded as excess tax benefits. See Note 7 of the Notes to Consolidated Financial Statements for additional discussion of income taxes.
	Stock options — Under the CEO’s initial employment agreement effective February 19, 2007, the CEO received stock option grants with a term of ten years from the grant date. As of February 28, 2015, outstanding options covering 944,000 shares were exercisable. The options were granted as an employment inducement award and not under any equity incentive plan adopted by the Company.
	As of February 28, 2015 and March 1, 2014, outstanding options covering 305,700 and 405,400 shares were exercisable under the 2006 Plan, respectively. Options were granted at exercise prices equal to the fair market value of the Company’s common stock at the date of grant. Options issued under the 2006 Plan vest over a period of four years and have a term of ten years from the grant date. The options will be fully vested upon death, disability or retirement of the associate. The 2006 Plan’s administrative committee also has the discretion to take certain actions with respect to stock options, such as accelerating the vesting, upon certain corporate changes (as defined in the 2006 Plan). Additionally, outstanding options covering 170,000 and 481,500 shares were exercisable under the Company’s previous stock plans at fiscal years ended 2015 and 2014, respectively.
	A summary of stock option transactions related to the Company’s stock option grants during the three fiscal years is as follows:
									Exercisable Shares
		Shares			Weighted		Weighted		Number of		Weighted
					Average		Average		Shares		Average
					Exercise		Fair Value				Exercise
					Price		at Date of				Price
							Grant
	Outstanding at February 25, 2012		5,735,475		$	12.16				5,620,525	$	12.26
	Options granted		11,900			18.8	$	14.75
	Options exercised		(1,545,500	)		11.08
	Options cancelled or expired		(713,750	)		20.09
	Outstanding at March 2, 2013		3,488,125			11.05				3,468,275		11.02
	Options granted		13,248			23.19		6.7
	Options exercised		(1,627,500	)		12.9
	Options cancelled or expired		(16,000	)		17.28
	Outstanding at March 1, 2014		1,857,873			9.45				1,830,900		9.31
	Options granted		11,300			17.78		4.25
	Options exercised		(187,625	)		10.97
	Options cancelled or expired		(233,000	)		17.09
	Outstanding at February 28, 2015		1,448,548			8.09				1,419,712		7.86
	For options outstanding at February 28, 2015						Weighted				Weighted
							Average				Average
							Remaining				Exercise Price-
							Contractual				Exercisable
							Life				Shares
	Ranges of Exercise Prices	Total			Weighted		(in years)		Shares
		Shares			Average				Currently
					Exercise				Exercisable
					Price
	$4.24 — $6.69		954,000		$	6.66		1.99		954,000	$	6.66
	$7.45 — $11.27		286,500			7.63		2.29		286,500		7.63
	$11.47 — $17.78		177,900			14.37		1.07		164,950		14.17
	$18.49 — $23.19		30,148			20.68		6.34		14,262		19.71
	As of February 28, 2015, the weighted average remaining contractual term for outstanding and exercisable options was 2.0 years and 1.9 years, respectively. The aggregate intrinsic value for outstanding and exercisable options was $6,420,000 and $6,419,000, respectively, at fiscal 2015 year end. The total intrinsic value of options exercised for fiscal years 2015, 2014 and 2013 was approximately $1,101,000, $16,380,000 and $13,420,000, respectively. The intrinsic value of a stock option is the amount by which the market value of the underlying stock exceeds the exercise price of the option.
	At February 28, 2015, there was approximately $144,000 of total unrecognized compensation expense related to unvested stock option awards, which is expected to be recognized over a weighted average period of 2.0 years. The fair value of the stock options is amortized on a straight-line basis as compensation expense over the vesting periods of the options. The Company recorded stock-based compensation expense related to stock options of approximately $92,000, $94,000 and $170,000 in fiscal 2015, 2014 and 2013, respectively.
	Director deferred stock units —The 2006 Plan and the 1999 Stock Plan authorize director deferred stock unit awards to non-employee directors. During fiscal 2015, directors could elect to defer all or a portion of their director’s cash fees into a deferred stock unit account. The annual retainer fees deferred (other than committee chairman and chairman of the board annual retainers) received a 25% matching contribution from the Company in the form of director deferred stock units. There were 279,540 shares and 683,380 shares deferred, but not delivered, as of February 28, 2015 and March 1, 2014, respectively, under the 2006 Plan and the 1999 Stock Plan. During the term of the 2006 Plan, all future deferred stock unit awards will be from shares available under the plan. During fiscal 2015, approximately 54,560 director deferred stock units were granted, 458,400 units were delivered and no units were cancelled. Compensation expense for the director deferred stock awards was $826,000, $821,000 and $700,000 in fiscal 2015, 2014 and 2013, respectively.
	Stock purchase plan — Substantially all Company associates and all non-employee directors are eligible to participate in the Pier 1 Imports, Inc. Stock Purchase Plan under which the Company’s common stock is purchased on behalf of participants at market prices through regular payroll deductions. Each associate may contribute up to 20% of the eligible portions of compensation, and non-employee directors may contribute up to 100% of their director compensation. The Company contributes an amount equal to 25% of the participant’s contributions. Company contributions to the plan were $465,000, $492,000 and $431,000 in fiscal years 2015, 2014 and 2013, respectively.
	Preferred Stock — As of February 28, 2015, the Company’s restated certificate of incorporation authorized 20,000,000 shares of preferred stock having a par value of $1.00 per share to be issued. No such shares have been issued.
	Dividends — The Company paid cash dividends of $21,627,000, $21,697,000 and $17,989,000 in fiscal years 2015, 2014 and 2013, respectively. On April 8, 2015, subsequent to year end, the Company announced a $0.07 per share quarterly cash dividend on the Company’s outstanding shares of common stock. The $0.07 quarterly cash dividend will be paid on May 6, 2015 to shareholders of record on April 22, 2015.
	Shares reserved for future issuances — As of February 28, 2015, the Company had approximately 5,175,656 shares of common stock reserved for future issuances under the stock plans. This amount includes stock options outstanding, director deferred stock units and shares available for future grant.
	Share repurchase plan — The following table summarizes the Company’s total share repurchases during fiscal 2015, 2014 and 2013:
							Shares Purchased
	Date Program	Authorized			Date		Fiscal Year		Fiscal Year		Fiscal Year		Weighted		Remaining
	Announced	Amount			Completed		2015		2014		2013		Average		Available as of
													Cost		February 28, 2015
	Oct. 14, 2011	$	100,000,000			Dec. 14, 2012		—		—		5,822,142	$	17.18	$	—
	Dec. 13, 2012		100,000,000			Sep. 30, 2013		—		4,525,805		—		22.1		—
	Oct. 18, 2013		200,000,000			Apr. 10, 2014		5,071,812		5,262,452		—		19.35		—
	Apr. 10, 2014		200,000,000					5,208,500		—		—		14.94		122,176,217
	In fiscal 2015, the Company had cash outflows of $185,540,000 related to share repurchases. These share repurchases included $173,932,000 for shares of common stock repurchased in fiscal 2015 and included $11,600,000 for shares repurchased in fiscal 2014 that were settled in fiscal 2015. Subsequent to year end, through April 24, 2015, under the April 2014 $200,000,000 program, the Company utilized a total of $5,080,000 to repurchase 383,000 shares of the Company’s common stock at a weighted average price per share of $13.26 and $117,096,000 remained available for further repurchases under that program.

Income_Taxes

Income Taxes	12 Months Ended
	Feb. 28, 2015
Income Taxes	NOTE 7 – INCOME TAXES
	The components of income before taxes, by tax jurisdiction, were as follows (in thousands):
			2015			2014			2013
	Domestic		$	111,338		$	165,658		$	191,494
	Foreign			9,064			8,991			9,506
	Income before income taxes		$	120,402		$	174,649		$	201,000
	The provision for income taxes for each of the last three fiscal years consisted of (in thousands):
			2015			2014			2013
	Federal:
	Current		$	30,771		$	43,325		$	45,797
	Deferred			5,620			16,311			15,635
	State:
	Current			4,402			5,234			4,738
	Deferred			2,027			(2,404	)		4,293
	Foreign:
	Current			2,420			4,652			1,093
	Deferred			—			—			—
	Total income tax provision		$	45,240		$	67,118		$	71,556
	The differences between income taxes at the statutory federal income tax rate of 35% in fiscal 2015, 2014 and 2013, and income tax reported in the consolidated statements of operations were as follows (in thousands):
			2015			2014			2013
	Tax provision at statutory federal income tax rate		$	42,141		$	61,127		$	70,350
	State income taxes, net of federal provision			4,402			3,138			6,838
	Decrease in valuation allowance			(224	)		(1,298	)		(1,034	)
	Foreign income taxes			2,420			4,652			1,093
	Foreign and other tax credits			(3,436	)		(5,444	)		(1,785	)
	Other, net			(63	)		4,943			(3,906	)
	Provision for income taxes		$	45,240		$	67,118		$	71,556
	Effective tax rate			37.6	%		38.4	%		35.6	%
	Deferred tax assets and liabilities at February 28, 2015 and March 1, 2014 were comprised of the following (in thousands):
			2015			2014
	Deferred tax assets:
	Deferred compensation		$	22,711		$	21,490
	Net operating loss carryforward			533			2,465
	Accrued average rent			11,540			10,140
	Self insurance reserves			10,855			10,717
	Cumulative foreign currency translation			4,310			2,971
	Deferred revenue and revenue reserves			6,375			3,825
	Supplemental retirement plans			2,227			1,788
	Foreign and other tax credits			2,931			5,667
	Other			1,845			1,382
	Total deferred tax assets			63,327			60,445
	Deferred tax liabilities:
	Properties, net			(21,389	)		(10,483	)
	Inventory			(22,231	)		(20,497	)
	Store supplies			(3,942	)		(3,928	)
	Deferred gain on debt repurchase			(14,716	)		(18,370	)
	Other			(787	)		(451	)
	Total deferred tax liabilities			(63,065	)		(53,729	)
	Valuation allowance			(422	)		(646	)
	Net deferred tax assets (1)		$	(160	)	$	6,070
	-1	The current portion of the Company’s deferred tax assets was included in prepaid expense and other current assets. For fiscal 2015, the current portion of deferred tax assets was $577 and related to state deferred tax assets. For fiscal 2014, the current portion of deferred tax assets was $4,154 and related to federal and state deferred tax assets. The current portion of deferred tax liabilities was $763 for fiscal 2015 and related to federal deferred tax liabilities. The current portion of deferred tax liabilities was included in other accrued liabilities.
		Noncurrent deferred tax assets were included in other noncurrent assets. For fiscal 2015 and 2014, noncurrent deferred tax assets were $5,027 and $6,753, respectively, and related to state deferred tax assets. The noncurrent deferred tax liabilities were $5,001 and $4,837 for fiscal 2015 and 2014, respectively, and related to federal deferred tax liabilities. The noncurrent deferred tax liabilities were included in other noncurrent liabilities.
	Deferred tax assets related to state net operating losses at February 28, 2015 and March 1, 2014, were $533,000 and $2,465,000, respectively. State loss carryforwards vary as to the carryforward period and will expire from fiscal 2016 through fiscal 2030. The Company believes that it is not more likely than not that the benefit from certain state tax credits will be realized. Accordingly, the Company has provided a valuation allowance of $422,000 and $646,000 with respect to the deferred tax assets relating to these state tax credits as of February 28, 2015 and March 1, 2014, respectively.
	The Company is subject to taxation in the United States and various state, provincial and local and foreign (primarily Canadian) jurisdictions. With few exceptions, as of fiscal 2015, the Company is no longer subject to U.S. federal or state examinations by tax authorities for years before fiscal 2013. Certain tax years prior to fiscal 2013 are subject to examination by certain foreign jurisdictions. Fiscal 2013 and 2014 are currently under examination by the Internal Revenue Service.
	A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows (in thousands):
			2015			2014			2013
	Unrecognized tax benefits — beginning balance		$	6,673		$	2,194		$	8,731
	Gross increases — tax positions in prior period			282			5,664			1,171
	Gross decreases — tax positions in prior period			(1,458	)		—			(1,054	)
	Settlements			(4,732	)		(1,185	)		(1,965	)
	Expiration of statute of limitations			—			—			(4,689	)
	Unrecognized tax benefits — ending balance		$	765		$	6,673		$	2,194
	As of February 28, 2015, the Company had total unrecognized tax benefits of $765,000, the majority of which would, if recognized, affect the Company’s effective tax rate. As March 1, 2014, the Company had unrecognized tax benefits of $6,673,000, the majority of which would not, if recognized, affect the Company’s effective tax rate. It is reasonably possible that most of the Company’s gross unrecognized tax benefits could decrease within the next twelve months primarily due to audit settlements.
	Interest associated with unrecognized tax benefits is recorded in nonoperating (income) and expenses. Penalties associated with unrecognized tax benefits are recorded in selling, general and administrative expenses. During the second quarter of fiscal 2013, the Company reversed a portion of its reserve for uncertain tax positions, resulting in the reversal of $2,758,000 of accrued interest expense. Excluding this reversal of accrued interest in fiscal 2013, the Company recorded expenses for tax interest and penalties, net of refunds, of $3,000, $536,000 and $1,119,000 in fiscal 2015, 2014 and 2013, respectively. The Company had accrued penalties and interest of $389,000 and $1,787,000 at February 28, 2015 and March 1, 2014, respectively.

Commitments_and_Contingencies

Commitments and Contingencies	12 Months Ended
	Feb. 28, 2015
Commitments and Contingencies	NOTE 8 — COMMITMENTS AND CONTINGENCIES
	Leases — At February 28, 2015, the Company had the following minimum lease commitments and future subtenant receipts in the years indicated (in thousands):
	Fiscal Year	Operating		Subtenant
		Leases		Income
	2016	$	239,508	$	447
	2017		217,520		447
	2018		183,099		90
	2019		146,694		—
	2020		113,857		—
	Thereafter		372,091		—
	Total lease commitments	$	1,272,769	$	984
	Rental expense incurred was $263,276,000, $244,481,000 and $231,481,000, including contingent rentals of $508,000, $546,000 and $674,000, based upon a percentage of sales, and net of sublease incomes totaling $285,000, $285,000 and $278,000 in fiscal 2015, 2014 and 2013, respectively.
	Legal matters — During fiscal years 2015, 2014 and 2013, there were various claims, lawsuits, inquiries and pending actions against the Company and its subsidiaries incident to the operations of its business. The Company considers these matters to be ordinary and routine in nature. The Company maintains liability insurance against most of these matters. It is the opinion of management, after consultation with counsel, that the ultimate resolution of such matters will not have a material adverse effect, either individually or in aggregate, on the Company’s consolidated financial position, results of operations or liquidity.

Selected_Quarterly_Financial_D

Selected Quarterly Financial Data	12 Months Ended
	Feb. 28, 2015
Selected Quarterly Financial Data	NOTE 9 — SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
	Summarized quarterly financial data for the years ended February 28, 2015 and March 1, 2014 are set forth below (in thousands except per share amounts):
		Three Months Ended
	Fiscal 2015	5/31/14		8/30/14		11/29/14		2/28/15
	Net sales	$	419,059	$	418,622	$	484,501	$	543,600
	Gross profit		167,714		162,637		204,913		214,442
	Operating income		25,830		16,529		31,770		53,142
	Net income		15,055		9,158		17,860		33,089
	Average shares outstanding — basic		94,656		91,503		89,741		88,426
	Average shares outstanding — diluted		95,925		92,531		90,635		89,421
	Basic earnings per share		0.16		0.1		0.2		0.37
	Diluted earnings per share		0.16		0.1		0.2		0.37
		Three Months Ended
	Fiscal 2014	6/1/13		8/31/13		11/30/13		3/1/14
	Net sales	$	394,853	$	395,641	$	465,462	$	515,786
	Gross profit		167,597		161,299		202,230		214,436
	Operating income		33,215		29,061		43,094		70,130
	Net income		20,347		17,834		26,758		42,592
	Average shares outstanding — basic		105,989		105,745		103,319		101,430
	Average shares outstanding — diluted		107,790		107,249		104,716		103,024
	Basic earnings per share		0.19		0.17		0.26		0.42
	Diluted earnings per share		0.19		0.17		0.26		0.41

Description_of_Business_and_Su1

Description of Business and Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Feb. 28, 2015
Organization	Organization — Pier 1 Imports, Inc. (together with its consolidated subsidiaries, the “Company”) is the original global importer of home décor and furniture. The Company directly imports merchandise from many countries, and sells a wide variety of decorative accessories, furniture, candles, housewares, gifts and seasonal products in its stores and through the Company’s website, pier1.com. Additionally, the Company sells merchandise primarily in “store within a store” locations in Mexico and El Salvador that are operated by Sears Operadora de Mexico, S.A. de C.V. and Corporacion de Tiendas Internationales, S.A. de C.V., respectively.
Basis of consolidation	Basis of consolidation — The consolidated financial statements of the Company include the accounts of all subsidiaries, and all intercompany transactions and balances have been eliminated upon consolidation.
Segment information	Segment information — The Company is a specialty retailer that offers a broad range of products in its stores and on its website and conducts business as one operating segment. During fiscal 2015, 2014 and 2013, respectively, the Company’s domestic operations provided 92.5%, 92.0% and 91.4% of its net sales, with 6.9%, 7.3% and 7.9% provided by stores in Canada, and the remainder from royalties received primarily from Sears Operadora de Mexico S.A. de C.V. As of February 28, 2015, March 1, 2014 and March 2, 2013, $4,707,000, $5,578,000 and $5,344,000, respectively, of the Company’s long-lived assets were located in Canada. There were no long-lived assets in Mexico or El Salvador during any period.
Use of estimates	Use of estimates — Preparation of the financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.
Reclassifications	Reclassifications — Certain items in these consolidated financial statements have been reclassified to conform to the current period presentation.
Fiscal periods	Fiscal periods — The Company utilizes 5-4-4 (week) quarterly accounting periods with the fiscal year ending on the Saturday closest to February 28th. Fiscal 2015 ended February 28, 2015, fiscal 2014 ended March 1, 2014 and fiscal 2013 ended March 2, 2013. Both fiscal 2015 and 2014 consisted of 52-week years and fiscal 2013 was a 53-week year.
Cash and cash equivalents, including temporary investments	Cash and cash equivalents, including temporary investments — The Company considers all highly liquid investments with an original maturity date of three months or less to be cash equivalents, except for those investments that are restricted and have been set aside in a trust to satisfy retirement obligations and are classified as non-current assets. As of February 28, 2015 and March 1, 2014, the Company’s short-term investments classified as cash equivalents included investments primarily in mutual funds totaling $69,572,000 and $121,446,000, respectively. The effect of foreign currency exchange rate fluctuations on cash was not material.
Translation of foreign currencies	Translation of foreign currencies — Assets and liabilities of foreign operations are translated into U.S. dollars at fiscal year-end exchange rates. Income and expense items are translated at average exchange rates prevailing during the year. Translation adjustments arising from differences in exchange rates from period to period are included as a separate component of shareholders’ equity and are included in other comprehensive loss. As of February 28, 2015, March 1, 2014 and March 2, 2013, the Company had cumulative other comprehensive loss balances of $(7,425,000), $(3,696,000) and $(1,304,000), respectively, related to cumulative translation adjustments. The adjustments for currency translation during fiscal 2015, 2014 and 2013 resulted in other comprehensive loss, net of tax, as applicable, of $(3,729,000), $(2,391,000) and $(918,000), respectively. Deferred income taxes not recorded on the portion of the cumulative currency translation adjustment considered to be permanently reinvested abroad were immaterial in fiscal 2015, 2014 and 2013.
Concentrations of risk	Concentrations of risk — The Company has risk of geographic concentration with respect to sourcing the Company’s inventory purchases. However, the Company believes alternative merchandise sources could be procured over a reasonable period of time. Pier 1 Imports sells merchandise imported from many countries, with approximately 59% of its sales derived from merchandise produced in China, 14% derived from merchandise produced in India and 18% collectively derived from merchandise produced in Vietnam, Indonesia and the United States. The remaining sales were from merchandise produced in various other countries around the world.
Financial instruments	Financial instruments — The fair value of financial instruments is determined by reference to various market data and other valuation techniques as appropriate. There were no assets or liabilities with a fair value significantly different from the recorded value as of February 28, 2015 or March 1, 2014.
	Risk management instruments: The Company may utilize various financial instruments to manage interest rate and market risk associated with its on- and off-balance sheet commitments.
	From time to time, the Company hedges certain commitments denominated in foreign currencies through the purchase of forward contracts. The forward contracts are purchased to cover a portion of commitments to buy merchandise for resale. The Company also, on occasion, uses contracts to hedge its exposure associated with the repatriation of funds from its Canadian operations. As of February 28, 2015 and March 1, 2014, there were no material outstanding contracts to hedge exposure associated with the Company’s merchandise purchases denominated in foreign currencies or the repatriation of Canadian funds. For financial accounting purposes, the Company does not designate such contracts as hedges. Thus, changes in the fair value of both types of forward contracts would be included in the Company’s consolidated statements of operations. The changes in fair value and settlement of these contracts were not material and were included in cost of sales for forward contracts related to merchandise purchases, and in selling, general and administrative expense for forward contracts associated with the repatriation of Canadian funds.
	When the Company enters into forward foreign currency exchange contracts, it enters into them with major financial institutions and monitors its positions with, and the credit quality of, these counterparties to such financial instruments.
Accounts Receivable	Accounts receivable — The Company’s accounts receivable are stated at carrying value less an allowance for doubtful accounts. These receivables consist largely of third-party credit card receivables for which collection is reasonably assured. The remaining receivables are periodically evaluated for collectability, and an allowance for doubtful accounts is recorded as appropriate. At the end of fiscal 2015, accounts receivable included $6.7 million related to life insurance settlement proceeds that were received during the first quarter of fiscal 2016.
Inventories	Inventories — The Company’s inventory is comprised of finished merchandise and is stated at the lower of weighted average cost or market value. Cost is calculated based upon the actual landed cost of an item at the time it is received in the Company’s distribution center using vendor invoices, the cost of warehousing and transporting merchandise to the stores and other direct costs associated with purchasing merchandise.
	The Company recognizes known inventory losses, shortages and damages when incurred and maintains a reserve for estimated shrinkage since the last physical count, when actual shrinkage was recorded. The amount of the reserve is estimated based on historical experience from the results of its physical inventories. The reserves for estimated shrinkage at the end of fiscal 2015 and 2014 were $5,105,000 and $5,120,000, respectively.
Properties, maintenance and repairs	Properties, maintenance and repairs — Buildings, equipment, furniture and fixtures, and leasehold improvements are carried at cost less accumulated depreciation. Depreciation is computed using the straight-line method over estimated remaining useful lives of the assets, generally 30 years for buildings and three to ten years for equipment, furniture and fixtures. Depreciation of improvements to leased properties is based upon the shorter of the remaining primary lease term or the estimated useful lives of such assets. Depreciation related to the Company’s distribution and fulfillment centers, including related equipment, is included in cost of sales. All other depreciation costs are included in depreciation and amortization and were $46,304,000, $38,873,000 and $30,988,000 in fiscal 2015, 2014 and 2013, respectively.
	Expenditures for maintenance, repairs and renewals that do not materially prolong the original useful lives of the assets are charged to expense as incurred. In the case of disposals, assets and the related depreciation are removed from the accounts and the net amount, less proceeds from disposal, is credited or charged to income.
	Long-lived assets are reviewed for impairment at least annually and whenever an event or change in circumstances indicates that their carrying values may not be recoverable. If the carrying value exceeds the sum of the expected undiscounted cash flows, the assets are considered impaired. Impairment, if any, is recorded in the period in which the impairment occurred. The Company recorded no material impairment charges in fiscal 2015, 2014 or 2013.
Insurance provision	Insurance provision — The Company maintains insurance for workers’ compensation and general liability claims with deductibles of $1,000,000 per occurrence. The liability recorded for such claims is determined by estimating the total future claims cost for events that occurred prior to the balance sheet date. The estimates consider historical claims loss development factors as well as information obtained from and projections made by the Company’s broker, actuary, insurance carriers and third party claims administrators. The recorded liabilities for workers’ compensation and general liability claims include claims occurring in prior years but not yet settled and reserves for fees. The recorded liability for workers’ compensation claims and fees was $22,845,000 and $20,480,000 at February 28, 2015 and March 1, 2014, respectively. The recorded liability for general liability claims and fees was $4,455,000 and $6,619,000 at February 28, 2015 and March 1, 2014, respectively.
Revenue recognition	Revenue recognition — Revenue is recognized upon customer receipt or delivery for retail sales. A reserve has been established for estimated merchandise returns based upon historical experience and other known factors. The reserves for estimated merchandise returns at the end of fiscal 2015 and 2014 were $2,859,000 and $2,748,000, respectively. The Company’s revenues are reported net of discounts and returns, net of sales tax and third-party credit card fees, and include wholesale sales and royalties received from Sears Operadora de Mexico S.A. de C.V. and Corporacion de Tiendas Internationales, S.A. de C.V. Amounts billed to customers for shipping and handling are included in net sales.
Cost of sales	Cost of sales — Cost of sales includes the cost of the merchandise, buying expenses, costs related to the Company’s distribution network (including depreciation) and store occupancy expenses. The costs incurred by the Company for shipping and handling are recorded in cost of sales.
Gift cards	Gift cards — Revenue associated with gift cards is recognized when merchandise is sold and a gift card is redeemed as payment. Gift card breakage is estimated and recorded as income based upon an analysis of the Company’s historical data and expected trends in redemption patterns and represents the remaining unused portion of the gift card liability for which the likelihood of redemption is remote. If actual redemption patterns vary from the Company’s estimates or if regulations change, actual gift card breakage may differ from the amounts recorded. For all periods presented, estimated gift card breakage was recognized 30 months after the original issuance and was $3,938,000, $4,455,000 and $4,348,000 in fiscal 2015, 2014 and 2013, respectively.
Leases	Leases — The Company leases certain property consisting principally of retail stores, warehouses, its home office and material handling and office equipment under operating leases expiring through fiscal 2029. Most retail store locations were leased for primary terms of ten years with varying renewal options and rent escalation clauses. Escalations occurring during the primary terms of the leases are included in the calculation of the future minimum lease payments, and the rent expense related to these leases is recognized on a straight-line basis over the lease term, including free rent periods prior to the opening of its stores. The portion of rent expense applicable to a store before opening is included in selling, general and administrative expenses. Once opened for business, rent expense is included in cost of sales. Certain leases provide for additional rental payments based on a percentage of sales in excess of a specified base. This additional rent is accrued when it appears probable that the sales will exceed the specified base. Construction allowances received from landlords are initially recorded as lease liabilities and amortized as a reduction of rental expense over the primary lease term.
Advertising costs	Advertising costs — Advertising production costs are expensed the first time the advertising occurs and all other advertising costs are expensed as incurred. Advertising costs were $81,483,000, $76,071,000 and $71,214,000 in fiscal 2015, 2014 and 2013, respectively. Prepaid advertising at the end of fiscal years 2015 and 2014 was $4,269,000 and $2,951,000, respectively.
Defined benefit plans	Defined benefit plans — The Company maintains supplemental retirement plans for certain of its current and former executive officers. These plans provide that upon death, disability, reaching retirement age or certain termination events, a participant will receive benefits based on highest compensation, years of service and years of plan participation. These benefit costs are dependent upon numerous factors, assumptions and estimates. Benefit costs may be significantly affected by changes in key actuarial assumptions such as discount rates, compensation increase rates, or retirement dates used to determine the projected benefit obligation. Additionally, changes made to the provisions of the plans may impact current and future benefit costs. In accordance with accounting rules, changes in benefit obligations associated with these factors may not be immediately recognized as costs in the statement of operations, but recognized in future years over the remaining average service period of plan participants. See Note 5 of the Notes to Consolidated Financial Statements for further discussion.
Income taxes	Income taxes — The Company accounts for income taxes using the asset and liability method. Under this method, deferred tax assets and liabilities are determined based on differences between financial reporting and income tax bases of assets and liabilities and are measured using the enacted tax rates and laws that will be in effect when the differences are expected to reverse. Deferred tax assets and liabilities are recorded in the Company’s consolidated balance sheet and are classified as current or noncurrent based on the classification of the related assets or liabilities for financial reporting purposes. A valuation allowance is recorded to reduce the carrying amounts of deferred tax assets unless it is more likely than not that such assets will be realized. In assessing the need for a valuation allowance, all available evidence is considered including past operating results, estimates of future income and tax planning strategies. The Company is subject to income tax in many jurisdictions, including the United States, various states, provinces, localities and foreign countries, for which the Company records estimated reserves for uncertain tax positions for both domestic and foreign income tax issues. At any point in time, multiple tax years are subject to audit by these various jurisdictions. However, negotiations with taxing authorities may yield results different from those currently estimated. See Note 7 of the Notes to Consolidated Financial Statements for further discussion.
Earnings per share	Earnings per share — Basic earnings per share amounts were determined by dividing net income by the weighted average number of common shares outstanding for the period. Diluted earnings per share amounts were similarly computed, and have included the effect, if dilutive, of the Company’s weighted average number of stock options outstanding and shares of unvested restricted stock.
	Earnings per share amounts were calculated as follows (in thousands except per share amounts):
		2015		2014		2013
	Net Income	$	75,162	$	107,531	$	129,444
	Weighted average shares outstanding:
	Basic		91,081		104,121		106,222
	Effect of dilutive stock options		696		1,268		1,337
	Effect of dilutive restricted stock		351		859		700
	Diluted		92,128		106,248		108,259
	Earnings per share:
	Basic	$	0.83	$	1.03	$	1.22
	Diluted	$	0.82	$	1.01	$	1.2
	Outstanding stock options totaling 114,623 for fiscal 2015, 6,624 for fiscal 2014 and 961,575 for fiscal 2013 were excluded from the computation of earnings per share, as the effect would be antidilutive.
Stock-based compensation	Stock-based compensation — The Company’s stock-based compensation relates to stock options, restricted stock awards and director deferred stock units. Accounting guidance requires all companies to measure and recognize compensation expense at an amount equal to the fair value of share-based payments granted. Compensation expense is recognized for any unvested stock option awards and restricted stock awards on a straight-line basis or ratably over the requisite service period. Stock option exercise prices equal the fair market value of the shares on the date of the grant. The fair value of stock options is calculated using a Black-Scholes option pricing model. For time-based and certain performance-based restricted stock awards, compensation expense is measured and recorded using the closing price of the Company’s stock on the date of grant. If the date of grant for stock options or restricted stock awards occurs on a day when the Company’s stock is not traded, the closing price on the last trading day before the date of grant is used. A portion of the performance-based shares vests upon the Company satisfying certain performance targets. The Company records compensation expense for these awards with a performance condition when it is probable that the condition will be achieved. The compensation expense ultimately recognized, if any, related to these awards will equal the grant date fair value for the number of shares for which the performance condition has been satisfied. The remaining performance-based shares are based on a market condition and may vest if certain annual equivalent returns of total shareholder return targets are achieved in comparison to a peer group. The fair value for these performance-based shares was determined using a lattice valuation model in accordance with accounting guidelines.
	The Company estimates forfeitures based on its historical forfeiture experience, and adjusts forfeiture estimates based on actual forfeiture experience for all awards with service conditions. The effect of any forfeiture adjustments was insignificant.
Adoption of new accounting standards	Adoption of new accounting standards — In May 2014, the Financial Accounting Standards Board issued Accounting Standards Update 2014-09, “Revenue from Contracts with Customers,” which creates a new Topic, Accounting Standards Codification Topic 606. The standard is principle-based and provides a five-step model to determine when and how revenue is recognized. The core principle is that a company should recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. This standard is effective for the Company beginning in fiscal 2018 at the earliest, and allows for either full retrospective adoption or modified retrospective adoption. The Company is currently evaluating the impact of the adoption of Topic 606 on its financial statements.
	In April 2015, the Financial Accounting Standards Board issued Accounting Standards Update 2015-03, “Interest — Imputation of Interest”. To simplify presentation of debt issuance costs, the amendments in this standard would require that debt issuance costs be presented in the balance sheet as a direct deduction from the carrying amount of debt, consistent with debt discounts or premiums. The recognition and measurement guidance for debt issuance costs would not be affected by the amendments in this standard. This Accounting Standards Update is the final version of Proposed Accounting Standards Update 2014-250, “Interest — Imputation of Interest (Subtopic 835-30)”, which has been deleted. The standard is effective for the Company beginning in fiscal 2017. The Company is currently evaluating the impact of the adoption on its consolidated financial statements.

Description_of_Business_and_Su2

Description of Business and Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Feb. 28, 2015
Calculation of Earnings per Share	Earnings per share amounts were calculated as follows (in thousands except per share amounts):
		2015		2014		2013
	Net Income	$	75,162	$	107,531	$	129,444
	Weighted average shares outstanding:
	Basic		91,081		104,121		106,222
	Effect of dilutive stock options		696		1,268		1,337
	Effect of dilutive restricted stock		351		859		700
	Diluted		92,128		106,248		108,259
	Earnings per share:
	Basic	$	0.83	$	1.03	$	1.22
	Diluted	$	0.82	$	1.01	$	1.2

Properties_Tables

Properties (Tables)	12 Months Ended
	Feb. 28, 2015
Summary of Properties	Properties are summarized as follows at February 28, 2015 and March 1, 2014 (in thousands):
		2015		2014
	Land	$	535	$	535
	Buildings		8,087		8,087
	Equipment, furniture, fixtures and other		342,407		303,822
	Leasehold improvements		213,148		203,938
	Computer software		89,271		85,157
	Projects in progress		6,837		6,059
			660,285		607,598
	Less accumulated depreciation and amortization		446,237		424,246
	Properties, net	$	214,048	$	183,352

Other_Accrued_Liabilities_and_1

Other Accrued Liabilities and Noncurrent Liabilities (Tables)	12 Months Ended
	Feb. 28, 2015
Summary of Other Accrued Liabilities and Noncurrent Liabilities	The following is a summary of other accrued liabilities and noncurrent liabilities at February 28, 2015 and March 1, 2014 (in thousands):
		2015		2014
	Accrued payroll and other employee-related liabilities	$	59,422	$	46,275
	Accrued taxes, other than income		23,160		20,568
	Rent-related liabilities		7,854		6,946
	Other		17,108		36,489
	Other accrued liabilities	$	107,544	$	110,278
	Rent-related liabilities	$	26,263	$	23,444
	Deferred gains		5,666		7,573
	Retirement benefits		41,791		42,050
	Other		5,658		5,655
	Other noncurrent liabilities	$	79,378	$	78,722

LongTerm_Debt_and_Available_Cr1

Long-Term Debt and Available Credit (Tables)	12 Months Ended
	Feb. 28, 2015
Term loan Facility Maturity	The Term Loan Facility matures as follows (in thousands):
	Fiscal Year	Amount
	2016	$	2,000
	2017		2,000
	2018		2,000
	2019		2,000
	Thereafter		191,000
	Total		199,000
	Debt Discount		(1,754	)
	Total Debt	$	197,246

Employee_Benefit_Plans_Tables

Employee Benefit Plans (Tables)	12 Months Ended
	Feb. 28, 2015
Reconciliation of Benefit Obligations and Funded Status of Plans	The following provides a reconciliation of benefit obligations and funded status of the plans as of February 28, 2015 and March 1, 2014 (in thousands):
			2015			2014
	Change in projected benefit obligation:
	Projected benefit obligation, beginning of year		$	27,481		$	25,573
	Service cost			1,402			1,456
	Interest cost			823			765
	Actuarial (gain) loss			2,772			(188	)
	Benefits paid (including settlements)			(7,707	)		(125	)
	Curtailment			633			—
	Projected benefit obligation, end of year		$	25,404		$	27,481
	Reconciliation of funded status:
	Projected benefit obligation		$	25,404		$	27,481
	Plan assets			—			—
	Funded status		$	(25,404	)	$	(27,481	)
	Accumulated benefit obligation		$	(25,404	)	$	(27,481	)
	Amounts recognized in the balance sheets:
	Current liability		$	(127	)	$	(127	)
	Noncurrent liability			(25,277	)		(27,354	)
	Accumulated other comprehensive loss, pre-tax			4,361			4,724
	Net amount recognized		$	(21,043	)	$	(22,757	)
	Cumulative other comprehensive loss, net of taxes of $3,121 and $3,261 in fiscal 2015 and 2014, respectively		$	1,240		$	1,463
	Weighted average assumptions used to determine:
	Benefit obligation, end of year:
	Discount rate			2.5	%		3	%
	Lump-sum conversion discount rate			4	%		5	%
	Rate of compensation increase (1)			3	%		0	%
	Net periodic benefit cost for years ended:
	Discount rate			2.5	%		3	%
	Lump-sum conversion discount rate			4	%		5	%
	Rate of compensation increase			0	%		3	%
	(1)	The rate of compensation increase shown above assumes an increase of 0% for fiscal year 2016 and 3% for fiscal years thereafter, except for the Company’s CEO. The CEO’s rate of compensation is set forth in his employment agreement.
Components of Net Periodic Benefit Cost	Net periodic benefit cost included the following actuarially determined components during fiscal 2015, 2014 and 2013 as shown in the table below (in thousands). The amortization of amounts related to unrecognized prior service costs and net actuarial loss were reclassified out of other comprehensive income as a component of net periodic benefit cost.
			2015			2014			2013
	Service cost		$	1,402		$	1,456		$	1,353
	Interest cost			823			765			740
	Amortization of unrecognized prior service cost			410			410			410
	Amortization of net actuarial loss			1,329			1,392			1,408
	Settlement			1,248			—			(488	)
	Curtailment			781			—			—
	Net periodic benefit cost		$	5,993		$	4,023		$	3,423

Matters_Concerning_Shareholder1

Matters Concerning Shareholders' Equity (Tables)	12 Months Ended
	Feb. 28, 2015
Summary of Stock Option Grants	A summary of stock option transactions related to the Company’s stock option grants during the three fiscal years is as follows:
									Exercisable Shares
		Shares			Weighted		Weighted		Number of		Weighted
					Average		Average		Shares		Average
					Exercise		Fair Value				Exercise
					Price		at Date of				Price
							Grant
	Outstanding at February 25, 2012		5,735,475		$	12.16				5,620,525	$	12.26
	Options granted		11,900			18.8	$	14.75
	Options exercised		(1,545,500	)		11.08
	Options cancelled or expired		(713,750	)		20.09
	Outstanding at March 2, 2013		3,488,125			11.05				3,468,275		11.02
	Options granted		13,248			23.19		6.7
	Options exercised		(1,627,500	)		12.9
	Options cancelled or expired		(16,000	)		17.28
	Outstanding at March 1, 2014		1,857,873			9.45				1,830,900		9.31
	Options granted		11,300			17.78		4.25
	Options exercised		(187,625	)		10.97
	Options cancelled or expired		(233,000	)		17.09
	Outstanding at February 28, 2015		1,448,548			8.09				1,419,712		7.86
Shares Outstanding by Ranges of Exercise Prices
	For options outstanding at February 28, 2015						Weighted				Weighted
							Average				Average
							Remaining				Exercise Price-
							Contractual				Exercisable
							Life				Shares
	Ranges of Exercise Prices	Total			Weighted		(in years)		Shares
		Shares			Average				Currently
					Exercise				Exercisable
					Price
	$4.24 — $6.69		954,000		$	6.66		1.99		954,000	$	6.66
	$7.45 — $11.27		286,500			7.63		2.29		286,500		7.63
	$11.47 — $17.78		177,900			14.37		1.07		164,950		14.17
	$18.49 — $23.19		30,148			20.68		6.34		14,262		19.71
Share Repurchase Plan	The following table summarizes the Company’s total share repurchases during fiscal 2015, 2014 and 2013:
							Shares Purchased
	Date Program	Authorized			Date		Fiscal Year		Fiscal Year		Fiscal Year		Weighted		Remaining
	Announced	Amount			Completed		2015		2014		2013		Average		Available as of
													Cost		February 28, 2015
	Oct. 14, 2011	$	100,000,000			Dec. 14, 2012		—		—		5,822,142	$	17.18	$	—
	Dec. 13, 2012		100,000,000			Sep. 30, 2013		—		4,525,805		—		22.1		—
	Oct. 18, 2013		200,000,000			Apr. 10, 2014		5,071,812		5,262,452		—		19.35		—
	Apr. 10, 2014		200,000,000					5,208,500		—		—		14.94		122,176,217

Income_Taxes_Tables

Income Taxes (Tables)	12 Months Ended
	Feb. 28, 2015
Components of Income Before Taxes	The components of income before taxes, by tax jurisdiction, were as follows (in thousands):
			2015			2014			2013
	Domestic		$	111,338		$	165,658		$	191,494
	Foreign			9,064			8,991			9,506
	Income before income taxes		$	120,402		$	174,649		$	201,000
Provision for Income Taxes	The provision for income taxes for each of the last three fiscal years consisted of (in thousands):
			2015			2014			2013
	Federal:
	Current		$	30,771		$	43,325		$	45,797
	Deferred			5,620			16,311			15,635
	State:
	Current			4,402			5,234			4,738
	Deferred			2,027			(2,404	)		4,293
	Foreign:
	Current			2,420			4,652			1,093
	Deferred			—			—			—
	Total income tax provision		$	45,240		$	67,118		$	71,556
Income Tax Reported in Consolidated Statements of Operations	The differences between income taxes at the statutory federal income tax rate of 35% in fiscal 2015, 2014 and 2013, and income tax reported in the consolidated statements of operations were as follows (in thousands):
			2015			2014			2013
	Tax provision at statutory federal income tax rate		$	42,141		$	61,127		$	70,350
	State income taxes, net of federal provision			4,402			3,138			6,838
	Decrease in valuation allowance			(224	)		(1,298	)		(1,034	)
	Foreign income taxes			2,420			4,652			1,093
	Foreign and other tax credits			(3,436	)		(5,444	)		(1,785	)
	Other, net			(63	)		4,943			(3,906	)
	Provision for income taxes		$	45,240		$	67,118		$	71,556
	Effective tax rate			37.6	%		38.4	%		35.6	%
Deferred Tax Assets and Liabilities	Deferred tax assets and liabilities at February 28, 2015 and March 1, 2014 were comprised of the following (in thousands):
			2015			2014
	Deferred tax assets:
	Deferred compensation		$	22,711		$	21,490
	Net operating loss carryforward			533			2,465
	Accrued average rent			11,540			10,140
	Self insurance reserves			10,855			10,717
	Cumulative foreign currency translation			4,310			2,971
	Deferred revenue and revenue reserves			6,375			3,825
	Supplemental retirement plans			2,227			1,788
	Foreign and other tax credits			2,931			5,667
	Other			1,845			1,382
	Total deferred tax assets			63,327			60,445
	Deferred tax liabilities:
	Properties, net			(21,389	)		(10,483	)
	Inventory			(22,231	)		(20,497	)
	Store supplies			(3,942	)		(3,928	)
	Deferred gain on debt repurchase			(14,716	)		(18,370	)
	Other			(787	)		(451	)
	Total deferred tax liabilities			(63,065	)		(53,729	)
	Valuation allowance			(422	)		(646	)
	Net deferred tax assets (1)		$	(160	)	$	6,070
	-1	The current portion of the Company’s deferred tax assets was included in prepaid expense and other current assets. For fiscal 2015, the current portion of deferred tax assets was $577 and related to state deferred tax assets. For fiscal 2014, the current portion of deferred tax assets was $4,154 and related to federal and state deferred tax assets. The current portion of deferred tax liabilities was $763 for fiscal 2015 and related to federal deferred tax liabilities. The current portion of deferred tax liabilities was included in other accrued liabilities.
Reconciliation of Unrecognized Tax Benefits	A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows (in thousands):
			2015			2014			2013
	Unrecognized tax benefits — beginning balance		$	6,673		$	2,194		$	8,731
	Gross increases — tax positions in prior period			282			5,664			1,171
	Gross decreases — tax positions in prior period			(1,458	)		—			(1,054	)
	Settlements			(4,732	)		(1,185	)		(1,965	)
	Expiration of statute of limitations			—			—			(4,689	)
	Unrecognized tax benefits — ending balance		$	765		$	6,673		$	2,194

Commitments_and_Contingencies_

Commitments and Contingencies (Tables)	12 Months Ended
	Feb. 28, 2015
Schedule of Minimum Lease Commitments and Future Subtenant Receipts	At February 28, 2015, the Company had the following minimum lease commitments and future subtenant receipts in the years indicated (in thousands):
	Fiscal Year	Operating		Subtenant
		Leases		Income
	2016	$	239,508	$	447
	2017		217,520		447
	2018		183,099		90
	2019		146,694		—
	2020		113,857		—
	Thereafter		372,091		—
	Total lease commitments	$	1,272,769	$	984

Selected_Quarterly_Financial_D1

Selected Quarterly Financial Data (Tables)	12 Months Ended
	Feb. 28, 2015
Schedule of Quarterly Financial Data	Summarized quarterly financial data for the years ended February 28, 2015 and March 1, 2014 are set forth below (in thousands except per share amounts):
		Three Months Ended
	Fiscal 2015	5/31/14		8/30/14		11/29/14		2/28/15
	Net sales	$	419,059	$	418,622	$	484,501	$	543,600
	Gross profit		167,714		162,637		204,913		214,442
	Operating income		25,830		16,529		31,770		53,142
	Net income		15,055		9,158		17,860		33,089
	Average shares outstanding — basic		94,656		91,503		89,741		88,426
	Average shares outstanding — diluted		95,925		92,531		90,635		89,421
	Basic earnings per share		0.16		0.1		0.2		0.37
	Diluted earnings per share		0.16		0.1		0.2		0.37
		Three Months Ended
	Fiscal 2014	6/1/13		8/31/13		11/30/13		3/1/14
	Net sales	$	394,853	$	395,641	$	465,462	$	515,786
	Gross profit		167,597		161,299		202,230		214,436
	Operating income		33,215		29,061		43,094		70,130
	Net income		20,347		17,834		26,758		42,592
	Average shares outstanding — basic		105,989		105,745		103,319		101,430
	Average shares outstanding — diluted		107,790		107,249		104,716		103,024
	Basic earnings per share		0.19		0.17		0.26		0.42
	Diluted earnings per share		0.19		0.17		0.26		0.41

Description_of_Business_and_Su3

Description of Business and Summary of Significant Accounting Policies - Additional Information (Detail) (USD $)	12 Months Ended
	Feb. 28, 2015	Mar. 01, 2014	Mar. 02, 2013
	Segment
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Number of operating segment	1
Short-term investments classified as cash equivalents	$69,572,000	$121,446,000
Cumulative other comprehensive income (loss) related to translation adjustments	-7,425,000	-3,696,000	-1,304,000
Adjustments for currency translation resulted in other comprehensive income (loss), net of tax	-3,729,000	-2,391,000	-918,000
Assets or liabilities with a fair value significantly different from the recorded value	0	0
Life insurance proceeds received	6,700,000
Reserves for estimated shrinkage of inventory	5,105,000	5,120,000
Depreciation and amortization cost	46,304,000	38,873,000	30,988,000
Impairment charges	0	0	0
Workers compensation and general liability claims deductible	1,000,000
Workers compensation liability	22,845,000	20,480,000
General liability insurance claims not settled	4,455,000	6,619,000
Reserves for estimated merchandise returns	2,859,000	2,748,000
Gift card breakage recognition period from original issuance, months	0 months
Gift card breakage recognized	3,938,000	4,455,000	4,348,000
Operating lease expiring year	2029
Number of years leased	10 years
Advertising costs	81,483,000	76,071,000	71,214,000
Prepaid advertising	4,269,000	2,951,000
Stock options and unvested restricted stock excluded from computation of earnings per share	114,623	6,624	961,575
Minimum
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Number of years leased	5 years
Maximum
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Number of years leased	10 years
Buildings
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Estimated remaining useful lives of the assets	30 years
Furniture, Fixtures and Equipment | Minimum
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Estimated remaining useful lives of the assets	3 years
Furniture, Fixtures and Equipment | Maximum
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Estimated remaining useful lives of the assets	10 years
CANADA
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Long-lived assets	4,707,000	5,578,000	5,344,000
MEXICO
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Long-lived assets	0	0	0
EL SALVADOR
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Long-lived assets	0	0	0
Foreign exchange contract | Long
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Material outstanding contracts to hedge exposure associated with merchandise purchases	$0	$0
Sales Revenue, Net | Product Concentration Risk | UNITED STATES
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Concentration Risk, Percentage	92.50%	92.00%	91.40%
Sales Revenue, Net | Product Concentration Risk | CANADA
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Concentration Risk, Percentage	6.90%	7.30%	7.90%
Sales Revenue, Product Line | Geographic Concentration Risk | CHINA
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Concentration Risk, Percentage	59.00%
Sales Revenue, Product Line | Geographic Concentration Risk | INDIA
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Concentration Risk, Percentage	14.00%
Sales Revenue, Product Line | Geographic Concentration Risk | Vietnam Indonesia And United States
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Concentration Risk, Percentage	18.00%

Calculation_of_Earnings_Per_Sh

Calculation of Earnings Per Share (Detail) (USD $)	3 Months Ended								12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Feb. 28, 2015	Nov. 29, 2014	Aug. 30, 2014	31-May-14	Mar. 01, 2014	Nov. 30, 2013	Aug. 31, 2013	Jun. 01, 2013	Feb. 28, 2015	Mar. 01, 2014	Mar. 02, 2013
Earnings Per Share Disclosure [Line Items]
Net income	$33,089	$17,860	$9,158	$15,055	$42,592	$26,758	$17,834	$20,347	$75,162	$107,531	$129,444
Basic	88,426	89,741	91,503	94,656	101,430	103,319	105,745	105,989	91,081	104,121	106,222
Diluted	89,421	90,635	92,531	95,925	103,024	104,716	107,249	107,790	92,128	106,248	108,259
Basic	$0.37	$0.20	$0.10	$0.16	$0.42	$0.26	$0.17	$0.19	$0.83	$1.03	$1.22
Diluted	$0.37	$0.20	$0.10	$0.16	$0.41	$0.26	$0.17	$0.19	$0.82	$1.01	$1.20
Employee Stock Option
Earnings Per Share Disclosure [Line Items]
Effect of dilutive stock									696	1,268	1,337
Restricted Stock Awards
Earnings Per Share Disclosure [Line Items]
Effect of dilutive stock									351	859	700

Summary_of_Properties_Detail

Summary of Properties (Detail) (USD $)	Feb. 28, 2015	Mar. 01, 2014
In Thousands, unless otherwise specified
Property, Plant and Equipment [Line Items]
Land	$535	$535
Buildings	8,087	8,087
Equipment, furniture, fixtures and other	342,407	303,822
Leasehold improvements	213,148	203,938
Computer software	89,271	85,157
Projects in progress	6,837	6,059
Properties, gross	660,285	607,598
Less accumulated depreciation and amortization	446,237	424,246
Properties, net	$214,048	$183,352

Properties_Additional_Informat

Properties - Additional Information (Detail) (USD $)	12 Months Ended
	Feb. 28, 2015	Mar. 01, 2014
Property, Plant and Equipment [Line Items]
Net proceeds from sale of properties	$12,379,000
Lease term	10 years
Gain on the sale of property	7,338,000
Remaining deferred gain on sale of property	$5,572,000	$6,358,000
Minimum
Property, Plant and Equipment [Line Items]
Lease term	5 years
Maximum
Property, Plant and Equipment [Line Items]
Lease term	10 years

Summary_of_Other_Accrued_Liabi

Summary of Other Accrued Liabilities and Noncurrent Liabilities (Detail) (USD $)	Feb. 28, 2015	Mar. 01, 2014
In Thousands, unless otherwise specified
Accrued Liabilities And Other Non Current Liabilities [Line Items]
Accrued payroll and other employee-related liabilities	$59,422	$46,275
Accrued taxes, other than income	23,160	20,568
Rent-related liabilities	7,854	6,946
Other	17,108	36,489
Other accrued liabilities	107,544	110,278
Rent-related liabilities	26,263	23,444
Deferred gains	5,666	7,573
Retirement benefits	41,791	42,050
Other	5,658	5,655
Other noncurrent liabilities	$79,378	$78,722

LongTerm_Debt_and_Available_Cr2

Long-Term Debt and Available Credit - Additional Information (Detail) (USD $)	12 Months Ended
	Feb. 28, 2015	Mar. 01, 2014	Mar. 02, 2013
Debt Instrument [Line Items]
Industrial revenue bonds outstanding	$197,246,000
Weighted average effective interest rate	1.70%	1.90%	2.40%
Unused portion of credit facility, basis point	0.25%
Percentage of minimum availability on line cap	10.00%
Minimum availability on line cap, amount	20,000,000
Payments of dividends less than 17.5%	350,000,000
Fixed charge coverage less than 30%	350,000,000
Term Loan Facility
Debt Instrument [Line Items]
Weighted average effective interest rate	5.00%
Credit facility , maximum borrowing capacity	200,000,000
Borrowings outstanding	199,000,000
Term loan facility, maturity date	30-Apr-21
Amount of notes payable	197,246,000
Term loan facility, quarterly amortization of principal amount of loans	0.25%
Prepayment penalty rate	1.00%
Fair Value, Inputs, Level 2 | Term Loan Facility
Debt Instrument [Line Items]
Fair value of term loan facility	199,000,000
LIBOR | Term Loan Facility
Debt Instrument [Line Items]
Basis points	3.50%
Interest floor rate	1.00%
Base Rate | Term Loan Facility
Debt Instrument [Line Items]
Basis points	2.50%
Interest floor rate	2.00%
Revolving credit facility
Debt Instrument [Line Items]
Credit facility , maximum borrowing capacity	350,000,000
Credit facility accordion feature	100,000,000
Potential increase to credit facility	450,000,000
Credit facility, maturity date	2018-06
Borrowings outstanding	0	0
Remaining borrowing	311,931,000
Revolving credit facility | LIBOR | Minimum
Debt Instrument [Line Items]
Basis points	1.25%
Revolving credit facility | LIBOR | Maximum
Debt Instrument [Line Items]
Basis points	1.75%
Revolving credit facility | Prime Rate | Minimum
Debt Instrument [Line Items]
Basis points	0.25%
Revolving credit facility | Prime Rate | Maximum
Debt Instrument [Line Items]
Basis points	0.75%
Standby letters of credit
Debt Instrument [Line Items]
Commitment fee	1.25%
Borrowings outstanding	1,644,000
Standby letters of credit | Workers' Compensation And General Liability Insurance Policies
Debt Instrument [Line Items]
Borrowings outstanding	20,250,000
Standby letters of credit | Minimum
Debt Instrument [Line Items]
Basis points	1.25%
Standby letters of credit | Maximum
Debt Instrument [Line Items]
Basis points	1.75%
Trade letter of credit
Debt Instrument [Line Items]
Commitment fee		0.63%
Trade letter of credit | Minimum
Debt Instrument [Line Items]
Basis points	0.63%
Trade letter of credit | Maximum
Debt Instrument [Line Items]
Basis points	0.88%
Letters of Credit And Bankers' Acceptances
Debt Instrument [Line Items]
Credit facility borrowing base	393,248,000
Trade Letters Of Credit And Bankers Acceptances
Debt Instrument [Line Items]
Borrowings outstanding	38,069,000
Other Miscellaneous Standby Letters Of Credit
Debt Instrument [Line Items]
Borrowings outstanding	6,460,000
Industrial Revenue Bonds
Debt Instrument [Line Items]
Industrial revenue bonds, maturity date	2026
Industrial revenue bonds outstanding	9,500,000	9,500,000
Borrowings outstanding	$9,715,000

Term_Loan_Facility_Maturity_De

Term Loan Facility Maturity (Detail) (USD $)	Feb. 28, 2015
In Thousands, unless otherwise specified
Debt Instrument [Line Items]
2016	$2,000
2017	2,000
2018	2,000
2019	2,000
Thereafter	191,000
Total	199,000
Debt Discount	-1,754
Total Debt	$197,246

Employee_Benefit_Plans_Additio

Employee Benefit Plans - Additional Information (Detail) (USD $)	12 Months Ended
	Feb. 28, 2015	Mar. 01, 2014	Mar. 02, 2013
Defined Benefit Plan Disclosure [Line Items]
Minimum age eligibility, years	18 years
Minimum employment period for eligibility, months	6 months
Company matching contribution	3.00%	3.00%	3.00%
Contributions by Company to the plan	$2,455,000	$2,071,000	$2,119,000
Interest bearing investments included in other noncurrent assets	17,000	17,000
Benefit payments expected in fiscal 2016	127,000
Benefit payments expected in fiscal 2017	127,000
Benefit payments expected in fiscal 2018	127,000
Benefit payments expected in fiscal 2019	27,111,000
Benefit payments expected in fiscal 2020	134,000
Benefit payments expected during fiscal years 2021 through 2025	1,218,000
Amounts of cumulative other comprehensive loss not recognized as components of net periodic benefit cost related to prior service cost	178,000	736,000
Amounts of cumulative other comprehensive loss not recognized as components of net periodic benefit cost related to net actuarial gain	4,183,000	3,988,000
Net actuarial gain (loss) recognized in other comprehensive income	-2,772,000	188,000	-854,000
Estimated amortization of prior service cost from cumulative other comprehensive loss into net periodic cost in 2016	59,000
Estimated amortization of net actuarial loss from cumulative other comprehensive loss into net periodic cost in 2016	1,394,000
Chief Financial Officer
Defined Benefit Plan Disclosure [Line Items]
Retirement benefit payment	7,573,981
Death benefit plan
Defined Benefit Plan Disclosure [Line Items]
Value of unrestricted policies	19,927,000	26,362,000
Life insurance policies
Defined Benefit Plan Disclosure [Line Items]
Value of unrestricted policies	13,096,000	18,068,000
Minimum
Defined Benefit Plan Disclosure [Line Items]
Employees contribution for Company match	1.00%	1.00%	1.00%
Maximum
Defined Benefit Plan Disclosure [Line Items]
Employees contribution for Company match	5.00%	5.00%	5.00%
Nonqualified deferred compensation plans
Defined Benefit Plan Disclosure [Line Items]
Company's expense for the plans	1,269,000	1,381,000	1,051,000
Cash contributions to trust	3,192,000	1,715,000
Restricted investments sold to fund retirement benefits	3,196,000	758,000
Cash surrender values of life insurance policies	5,736,000	6,728,000
Nonqualified deferred compensation plans | Investments
Defined Benefit Plan Disclosure [Line Items]
Interest bearing investments included in other noncurrent assets	10,571,000	6,673,000
Nonqualified deferred compensation plans | Death benefit plan
Defined Benefit Plan Disclosure [Line Items]
Death benefits of life insurance policy	11,336,000	13,127,000
Supplemental Employee Retirement Plans, Defined Benefit
Defined Benefit Plan Disclosure [Line Items]
Company's expense for the plans	$5,993,000	$4,023,000	$3,423,000

Reconciliation_of_Benefit_Obli

Reconciliation of Benefit Obligations and Funded Status of Plans (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Feb. 28, 2015		Mar. 01, 2014		Mar. 02, 2013
Change in projected benefit obligation:
Projected benefit obligation, beginning of year	$27,481		$25,573
Service cost	1,402		1,456		1,353
Interest cost	823		765		740
Actuarial (gain) loss	2,772		-188
Benefits paid (including settlements)	-7,707		-125
Curtailment	633
Projected benefit obligation, end of year	25,404		27,481		25,573
Reconciliation of funded status:
Projected benefit obligation	25,404		27,481		25,573
Plan assets	0		0
Funded status	-25,404		-27,481
Accumulated benefit obligation	-25,404		-27,481
Amounts recognized in the balance sheets:
Current liability	-127		-127
Noncurrent liability	-25,277		-27,354
Accumulated other comprehensive loss, pre-tax	4,361		4,724
Net amount recognized	-21,043		-22,757
Cumulative other comprehensive loss, net of taxes of $3,121 and $3,261 in fiscal 2015 and 2014, respectively	$1,240		$1,463
Benefit obligation, end of year:
Discount rate	2.50%		3.00%
Lump-sum conversion discount rate	4.00%		5.00%
Rate of compensation increase	3.00%	[1]	0.00%	[1]
Net periodic benefit cost for years ended:
Discount rate	2.50%		3.00%
Lump-sum conversion discount rate	4.00%		5.00%
Rate of compensation increase	0.00%		3.00%
[1]	The rate of compensation increase shown above assumes an increase of 0% for fiscal year 2016 and 3% for fiscal years thereafter, except for the Company's CEO. The CEO's rate of compensation is set forth in his employment agreement.

Reconciliation_of_Benefit_Obli1

Reconciliation of Benefit Obligations and Funded Status of Plans (Parenthetical) (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Feb. 28, 2015	Mar. 01, 2014
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Cumulative other comprehensive loss, taxes	$3,121	$3,261
Anticipated increase for fiscal years, 2016	0.00%
Anticipated increase for fiscal years, thereafter	3.00%

Components_of_Net_Periodic_Ben

Components of Net Periodic Benefit Costs (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Feb. 28, 2015	Mar. 01, 2014	Mar. 02, 2013
Defined Benefit Plan Disclosure [Line Items]
Service cost	$1,402	$1,456	$1,353
Interest cost	823	765	740
Amortization of unrecognized prior service cost	410	410	410
Amortization of net actuarial loss	1,329	1,392	1,408
Settlement	1,248		-488
Curtailment	781
Net periodic benefit cost	$5,993	$4,023	$3,423

Matters_Concerning_Shareholder2

Matters Concerning Shareholders' Equity - Additional Information (Detail) (USD $)	12 Months Ended			0 Months Ended
	Feb. 28, 2015	Mar. 01, 2014	Mar. 02, 2013	Apr. 08, 2015	Apr. 24, 2015	Jun. 13, 2012	Feb. 25, 2012	Mar. 23, 2006
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Prior period authorized aggregate number of shares available for issuance	5,175,656
Vesting rights	The Company began expensing these shares during fiscal 2015. Each officerbs shares will vest one half on October 16, 2019, and the remaining shares will vest on October 16, 2020, provided that the officer is employed on each respective vesting date.
Recorded stock-based compensation expense	$92,000	$94,000	$170,000
Total unrecognized compensation expense related to unvested stock option awards	144,000
Weighted average period for recognizing unrecognized compensation expense, in years	2 years
Realized tax benefit related to stock-based compensation	5,856,000	3,993,000	7,605,000
Excess tax benefit related to stock-based compensation	2,694,000	2,265,000	4,814,000
Outstanding options exercisable	1,419,712	1,830,900	3,468,275				5,620,525
Weighted average remaining contractual term for outstanding options, in years	2 years
Weighted average remaining contractual term for exercisable options, in years	1 year 10 months 24 days
Aggregate intrinsic value for outstanding options	6,420,000
Aggregate intrinsic value for exercisable options	6,419,000
Total intrinsic value of options exercised	1,101,000	16,380,000	13,420,000
Percentage of matching contribution to annual retainer fees deferred	25.00%
Compensation expense for director deferred stock awards	826,000	821,000	700,000
Percentage of non-employee directors contribution to stock purchase plan	100.00%
Percentage of company contributes to stock purchase plan	25.00%
Company contributions to the plan	465,000	492,000	431,000
Cash dividends paid	21,627,000	21,697,000	17,989,000
Common stock, dividends, per share	$0.24	$0.21	$0.17
Dividends payable, date of record	22-Apr-15
Dividends payable, date to be paid	6-May-15
Payment for repurchased shares	185,540,000	192,284,000	100,000,000
Common stock repurchased under Share repurchase plan	173,932,000	11,600,000
Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of associate contribution to stock purchase plan	20.00%
Subsequent Event
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock, dividends, per share				$0.07
Share Repurchase Program April 2014 | Subsequent Event
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Payment for repurchased shares					5,080,000
Common stock repurchased under Share repurchase plan					383,000
Weighted Average Cost					$13.26
Amount remained for repurchase					117,096,000
Authorized amount for share repurchase					200,000,000
Restated Certificate Of Incorporation [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Preferred stock, restated certificate of incorporation authorized	20,000,000
Par value of preferred stock	$1
Preferred stock issued, shares	0
Restricted Stock Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares of restricted stock that will be awarded during fiscal years 2014						1,125,000
Weighted average grant date fair value	$16.04
Shares awarded	633,852
Unvested shares of restricted stock awards outstanding	1,025,638	823,826
Awards other than options vested in period	272,041
Awards other than options forfeited in period	159,999
Recorded stock-based compensation expense	7,240,000	11,890,000	12,167,000
Total unrecognized compensation expense related to unvested stock option awards	15,020,000
Weighted average period for recognizing unrecognized compensation expense, in years	2 years
Total fair value of awards vested	7,098,000	17,810,000	15,339,000
Restricted Stock Awards | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Term from date of grant, years						3 years
Time-Based Restricted Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares of restricted stock that will be awarded during fiscal years 2014						540,000
Weighted average grant date fair value						15.58
Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares of restricted stock that will be awarded during fiscal years 2014						585,000
Weighted average grant date fair value	$18.69
Expense per share	$9.94
Recorded stock-based compensation expense	$3,200,000	$1,475,000
Performance Shares | Second Portion
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average grant date fair value	$17.78
Performance Shares | Third Portion
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expense per share	$9.04
Time-Based Long-Term Incentive Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of award vested in year one	33.00%
Percentage of award vested in year two	33.00%
Percentage of award vested in year three	34.00%
Vesting period, years	3 years
Performance-Based Long-Term Incentive Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average grant date fair value	$18.69
Percentage of award vested in year one	33.00%
Percentage of award vested in year two	33.00%
Percentage of award vested in year three	34.00%
Vesting period, years	3 years
Performance-Based Long-Term Incentive Awards | First Portion
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average grant date fair value	$17.78
Service-Based Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average grant date fair value	$12.30
Shares awarded	122,280
Employment Inducement Award
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding options exercisable	944,000
Director Deferred Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares awarded	54,560
Stock units delivered	458,400
2006 Stock Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Prior period authorized aggregate number of shares available for issuance	447,563							1,500,000
Outstanding options exercisable	305,700	405,400
Deferred compensation arrangement shares deferred, but not delivered	279,540
2006 Stock Incentive Plan | Time-Based Long-Term Incentive Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expense per share	$17.78
2006 Stock Incentive Plan | Employee Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Term from date of grant, years	10 years
Vesting period, years	4 years
Outstanding options exercisable	170,000	481,500
1999 Stock Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Prior period authorized aggregate number of shares available for issuance								560,794
Deferred compensation arrangement shares deferred, but not delivered		683,380
1999 Stock Plan | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Prior period authorized aggregate number of shares available for issuance								11,186,150

Summary_of_Stock_Option_Grants

Summary of Stock Option Grants (Detail) (USD $)	12 Months Ended
	Feb. 28, 2015	Mar. 01, 2014	Mar. 02, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options Outstanding, Shares, Beginning Balance	1,857,873	3,488,125	5,735,475
Options granted, Shares	11,300	13,248	11,900
Options exercised, Shares	-187,625	-1,627,500	-1,545,500
Options cancelled or expired, Shares	-233,000	-16,000	-713,750
Options Outstanding, Shares, Ending Balance	1,448,548	1,857,873	3,488,125
Options outstanding, Weighted Average Exercise Price, Beginning Balance	$9.45	$11.05	$12.16
Options granted, Weighted Average Exercise Price	$17.78	$23.19	$18.80
Options exercised, Weighted Average Exercise Price	$10.97	$12.90	$11.08
Options cancelled or expired, Weighted Average Exercise Price	$17.09	$17.28	$20.09
Options outstanding, Weighted Average Exercise Price, Ending Balance	$8.09	$9.45	$11.05
Options outstanding, Exercisable Shares, Number of Shares, Beginning Balance	1,830,900	3,468,275	5,620,525
Options granted, Weighted Average Fair Value at Date of Grant	$4.25	$6.70	$14.75
Options outstanding, Exercisable Shares, Number of Shares, Ending Balance	1,419,712	1,830,900	3,468,275
Options outstanding, Exercisable Shares, Weighted Average Exercise Price, Beginning Balance	$9.31	$11.02	$12.26
Options outstanding, Exercisable Shares, Weighted Average Exercise Price, Ending Balance	$7.86	$9.31	$11.02

Shares_Outstanding_by_Ranges_o

Shares Outstanding by Ranges of Exercise Prices (Detail) (USD $)	12 Months Ended
	Feb. 28, 2015
$4.24 - $6.69
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Shares outstanding, Ranges of Exercise Prices, Lower Range Limit	$4.24
Shares outstanding, Ranges of Exercise Prices, Upper Range Limit	$6.69
Total Shares	954,000
Weighted Average Exercise Price	$6.66
Weighted Average Remaining Contractual Life (in years)	1 year 11 months 27 days
Shares Currently Exercisable	954,000
Weighted Average Exercise Price- Exercisable Shares	$6.66
$7.45 - $11.27 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Shares outstanding, Ranges of Exercise Prices, Lower Range Limit	$7.45
Shares outstanding, Ranges of Exercise Prices, Upper Range Limit	$11.27
Total Shares	286,500
Weighted Average Exercise Price	$7.63
Weighted Average Remaining Contractual Life (in years)	2 years 3 months 15 days
Shares Currently Exercisable	286,500
Weighted Average Exercise Price- Exercisable Shares	$7.63
$11.47 - $17.78 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Shares outstanding, Ranges of Exercise Prices, Lower Range Limit	$11.47
Shares outstanding, Ranges of Exercise Prices, Upper Range Limit	$17.78
Total Shares	177,900
Weighted Average Exercise Price	$14.37
Weighted Average Remaining Contractual Life (in years)	1 year 26 days
Shares Currently Exercisable	164,950
Weighted Average Exercise Price- Exercisable Shares	$14.17
$18.49 - $23.19
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Shares outstanding, Ranges of Exercise Prices, Lower Range Limit	$18.49
Shares outstanding, Ranges of Exercise Prices, Upper Range Limit	$23.19
Total Shares	30,148
Weighted Average Exercise Price	$20.68
Weighted Average Remaining Contractual Life (in years)	6 years 4 months 2 days
Shares Currently Exercisable	14,262
Weighted Average Exercise Price- Exercisable Shares	$19.71

Share_Repurchase_Plan_Detail

Share Repurchase Plan (Detail) (USD $)	12 Months Ended
	Feb. 28, 2015	Mar. 01, 2014	Mar. 02, 2013
Equity, Class of Treasury Stock [Line Items]
Shares Purchased	173,932,000	11,600,000
Stock Repurchase Program 1
Equity, Class of Treasury Stock [Line Items]
Date Announced	14-Oct-11
Authorized Amount	100,000,000
Date Completed	14-Dec-12
Shares Purchased			5,822,142
Weighted Average Cost	17.18
Stock Repurchase Program 2
Equity, Class of Treasury Stock [Line Items]
Date Announced	13-Dec-12
Authorized Amount	100,000,000
Date Completed	30-Sep-13
Shares Purchased		4,525,805
Weighted Average Cost	22.1
Stock Repurchase Program 3
Equity, Class of Treasury Stock [Line Items]
Date Announced	18-Oct-13
Authorized Amount	200,000,000
Date Completed	10-Apr-14
Shares Purchased	5,071,812	5,262,452
Weighted Average Cost	19.35
Stock Repurchase Program 4
Equity, Class of Treasury Stock [Line Items]
Date Announced	10-Apr-14
Authorized Amount	200,000,000
Shares Purchased	5,208,500
Weighted Average Cost	14.94
Remaining	122,176,217

Components_of_Income_Before_Ta

Components of Income Before Taxes (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Feb. 28, 2015	Mar. 01, 2014	Mar. 02, 2013
Income Tax [Line Items]
Income before income taxes, Domestic	$111,338	$165,658	$191,494
Income before income taxes, Foreign	9,064	8,991	9,506
Income before income taxes	$120,402	$174,649	$201,000

Provision_Benefit_for_Income_T

Provision (Benefit) for Income Taxes (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Feb. 28, 2015	Mar. 01, 2014	Mar. 02, 2013
Components Of Income Tax Expense Benefit [Line Items]
Federal, Current	$30,771	$43,325	$45,797
Federal, Deferred	5,620	16,311	15,635
State, Current	4,402	5,234	4,738
State, Deferred	2,027	-2,404	4,293
Foreign, Current	2,420	4,652	1,093
Foreign, Deferred	0	0	0
Provision for income taxes	$45,240	$67,118	$71,556

Income_Taxes_Additional_Inform

Income Taxes - Additional Information (Detail) (USD $)	3 Months Ended	12 Months Ended
	Aug. 31, 2013	Feb. 28, 2015	Mar. 01, 2014	Mar. 02, 2013	Feb. 25, 2012
Income Taxes [Line Items]
Statutory federal income tax rate		35.00%	35.00%	35.00%
State net operating loss		$533,000	$2,465,000
Unrecognized tax benefits		765,000	6,673,000	2,194,000	8,731,000
Unrecognized tax benefits, reversal of accrued interest expense	2,758,000
Unrecognized tax benefits, income tax penalties and interest		3,000	536,000	1,119,000
Unrecognized tax benefits, income tax penalties and interest accrued		389,000	1,787,000
Federal
Income Taxes [Line Items]
Deferred tax liabilities, noncurrent		5,001	4,837
State
Income Taxes [Line Items]
Deferred tax assets, noncurrent		5,027	6,753
State net operating loss		533,000	2,465,000
Valuation allowance, deferred tax assets		$422,000	$646,000
State | Minimum
Income Taxes [Line Items]
State net operating loss carryforwards expiration year		2016
State | Maximum
Income Taxes [Line Items]
State net operating loss carryforwards expiration year		2030

Income_Tax_Reported_in_Consoli

Income Tax Reported in Consolidated Statements of Operations (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Feb. 28, 2015	Mar. 01, 2014	Mar. 02, 2013
Reconciliation Of Income Taxes [Line Items]
Tax provision at statutory federal income tax rate	$42,141	$61,127	$70,350
State income taxes, net of federal provision	4,402	3,138	6,838
Decrease in valuation allowance	-224	-1,298	-1,034
Foreign income taxes	2,420	4,652	1,093
Foreign and other tax credits	-3,436	-5,444	-1,785
Other, net	-63	4,943	-3,906
Provision for income taxes	$45,240	$67,118	$71,556
Effective tax rate	37.60%	38.40%	35.60%

Deferred_Tax_Assets_and_Liabil

Deferred Tax Assets and Liabilities (Detail) (USD $)	Feb. 28, 2015		Mar. 01, 2014
In Thousands, unless otherwise specified
Components Of Deferred Income Tax Assets And Liabilities [Line Items]
Deferred compensation	$22,711		$21,490
Net operating loss carryforward	533		2,465
Accrued average rent	11,540		10,140
Self insurance reserves	10,855		10,717
Cumulative foreign currency translation	4,310		2,971
Deferred revenue and revenue reserves	6,375		3,825
Supplemental retirement plans	2,227		1,788
Foreign and other tax credits	2,931		5,667
Other	1,845		1,382
Total deferred tax assets	63,327		60,445
Properties, net	-21,389		-10,483
Inventory	-22,231		-20,497
Store supplies	-3,942		-3,928
Deferred gain on debt repurchase	-14,716		-18,370
Other	-787		-451
Total deferred tax liabilities	-63,065		-53,729
Valuation allowance	-422		-646
Net deferred tax assets	($160)	[1]	$6,070	[1]
[1]	The current portion of the Company's deferred tax assets was included in prepaid expense and other current assets. For fiscal 2015, the current portion of deferred tax assets was $577 and related to state deferred tax assets. For fiscal 2014, the current portion of deferred tax assets was $4,154 and related to federal and state deferred tax assets. The current portion of deferred tax liabilities was $763 for fiscal 2015 and related to federal deferred tax liabilities. The current portion of deferred tax liabilities was included in other accrued liabilities.

Deferred_Tax_Assets_and_Liabil1

Deferred Tax Assets and Liabilities (Parenthetical) (Detail) (USD $)	Feb. 28, 2015	Mar. 01, 2014
In Thousands, unless otherwise specified
Components Of Deferred Income Tax Assets And Liabilities [Line Items]
Deferred tax assets net current	$577
Federal
Components Of Deferred Income Tax Assets And Liabilities [Line Items]
Deferred tax liabilities, current	763
State
Components Of Deferred Income Tax Assets And Liabilities [Line Items]
Deferred tax assets net current		$4,154

Reconciliation_of_Unrecognized

Reconciliation of Unrecognized Tax Benefits (Detail) (USD $)	12 Months Ended
	Feb. 28, 2015	Mar. 01, 2014	Mar. 02, 2013
Income Tax Contingency [Line Items]
Unrecognized tax benefits - beginning balance	$6,673,000	$2,194,000	$8,731,000
Gross increases - tax positions in prior period	282,000	5,664,000	1,171,000
Gross decreases - tax positions in prior period	-1,458,000		-1,054,000
Settlements	-4,732,000	-1,185,000	-1,965,000
Expiration of statute of limitations			-4,689,000
Unrecognized tax benefits - ending balance	$765,000	$6,673,000	$2,194,000

Schedule_of_Minimum_Lease_Comm

Schedule of Minimum Lease Commitments and Future Subtenant Receipts (Detail) (USD $)	Feb. 28, 2015
In Thousands, unless otherwise specified
Operating Leased Assets [Line Items]
Operating Leases, 2016	$239,508
Operating Leases, 2017	217,520
Operating Leases, 2018	183,099
Operating Leases, 2019	146,694
Operating Leases, 2020	113,857
Operating Leases, Thereafter	372,091
Total lease commitments	1,272,769
Subtenant Income, 2016	447
Subtenant Income, 2017	447
Subtenant Income, 2018	90
Subtenant Income, 2019	0
Subtenant Income, 2020	0
Subtenant Income, Thereafter	0
Total lease commitments	$984

Recovered_Sheet1

Commitments And Contingencies - Additional Information (Detail) (USD $)	12 Months Ended
	Feb. 28, 2015	Mar. 01, 2014	Mar. 02, 2013
Commitments and Contingencies Disclosure [Line Items]
Rental expense	$263,276,000	$244,481,000	$231,481,000
Contingent rentals expense	508,000	546,000	674,000
Sublease incomes	$285,000	$285,000	$278,000

Schedule_of_Quarterly_Financia

Schedule of Quarterly Financial Data (Detail) (USD $)	3 Months Ended								12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Feb. 28, 2015	Nov. 29, 2014	Aug. 30, 2014	31-May-14	Mar. 01, 2014	Nov. 30, 2013	Aug. 31, 2013	Jun. 01, 2013	Feb. 28, 2015	Mar. 01, 2014	Mar. 02, 2013
Selected Quarterly Financial Data [Line Items]
Net sales	$543,600	$484,501	$418,622	$419,059	$515,786	$465,462	$395,641	$394,853	$1,865,782	$1,771,743	$1,704,885
Gross profit	214,442	204,913	162,637	167,714	214,436	202,230	161,299	167,597	749,706	745,563	743,059
Operating income	53,142	31,770	16,529	25,830	70,130	43,094	29,061	33,215	127,271	175,500	198,986
Net income	$33,089	$17,860	$9,158	$15,055	$42,592	$26,758	$17,834	$20,347	$75,162	$107,531	$129,444
Average shares outstanding - basic	88,426	89,741	91,503	94,656	101,430	103,319	105,745	105,989	91,081	104,121	106,222
Average shares outstanding - diluted	89,421	90,635	92,531	95,925	103,024	104,716	107,249	107,790	92,128	106,248	108,259
Basic earnings per share	$0.37	$0.20	$0.10	$0.16	$0.42	$0.26	$0.17	$0.19	$0.83	$1.03	$1.22
Diluted earnings per share	$0.37	$0.20	$0.10	$0.16	$0.41	$0.26	$0.17	$0.19	$0.82	$1.01	$1.20