Park Aerospace (PKE) 10-K 20 May 19 2019 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Mar. 03, 2019	May 10, 2019	Aug. 24, 2018
Document Information [Line Items]
Entity Registrant Name	PARK ELECTROCHEMICAL CORP
Entity Central Index Key	0000076267
Trading Symbol	pke
Current Fiscal Year End Date	--03-03
Entity Filer Category	Accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Common Stock, Shares Outstanding (in shares)		20,492,153
Entity Public Float			$ 409,079,990
Entity Shell Company	false
Document Type	10-K
Document Period End Date	Mar. 3, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	FY
Amendment Flag	false

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 03, 2019	Feb. 25, 2018
Current assets:
Cash and cash equivalents	$ 71,007	$ 18,254
Marketable securities (Note 2)	80,617	89,977
Accounts receivable, less allowance for doubtful accounts of $32 and $32, respectively	9,352	6,961
Inventories (Note 3)	5,267	3,955
Prepaid expenses and other current assets	1,690	1,473
Current Assets - Discontinued Operations (Note 13)		20,648
Total current assets	167,933	141,268
Property, plant and equipment, net (Note 3)	10,791	9,805
Goodwill and other intangible assets (Note 3)	9,811	9,818
Other assets (Note 4)	316	370
Non-current Assets - Discontinued Operations (Note 13)		8,885
Total assets	188,851	170,146
Current liabilities:
Accounts payable	3,169	1,825
Accrued liabilities (Note 3)	2,920	1,022
Income taxes payable	5,066	1,456
Current Liabilities - Discontinued Operations (Note 13)		7,924
Total current liabilities	11,155	12,227
Non-current income taxes payable (Note 4)	17,669	20,364
Deferred income taxes (Note 4)		1,133
Other liabilities (Note 4)	1,016	314
Non-current Liabilities - Discontinued Operations (Note 13)		847
Total liabilities	29,840	34,885
Commitments and contingencies (Notes 11 and 12)
Shareholders' equity (Note 6):
Preferred stock, $1 par value per shares-authorized, 500,000 shares; issued, none
Common stock, $0.10 par value per shares-authorized, 60,000,000 shares; issued, 20,965,144 shares	2,096	2,096
Additional paid-in capital	169,395	169,011
Accumulated deficit	(2,605)	(21,099)
Accumulated other comprehensive (loss) earnings	(22)	131
	168,864	150,139
Less treasury stock, at cost, 479,191 and 723,573 shares, respectively	(9,853)	(14,878)
Total shareholders' equity	159,011	135,261
Total liabilities and shareholders' equity	$ 188,851	$ 170,146

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - USD ($) $ in Thousands	Mar. 03, 2019	Feb. 25, 2018
Accounts receivable, allowance for doubtful accounts	$ 32	$ 32
Preferred stock, par value (in dollars per share)	$ 1	$ 1
Preferred stock, shares authorized (in shares)	500,000	500,000
Preferred stock, shares issued (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.10	$ 0.10
Common stock, shares authorized (in shares)	60,000,000	60,000,000
Common stock, shares issued (in shares)	20,965,144	20,965,144
Treasury stock (in shares)	479,191	723,573

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Thousands	12 Months Ended
	Mar. 03, 2019	Feb. 25, 2018	Feb. 26, 2017
Net sales	$ 51,116,000	$ 40,230,000	$ 31,837,000
Cost of sales	34,932,000	28,942,000	23,538,000
Gross profit	16,184,000	11,288,000	8,299,000
Selling, general and administrative expenses	8,968,000	9,862,000	10,309,000
Restructuring charges (Note 8)		146,000
Earnings (loss) from continuing operations	7,216,000	1,280,000	(2,010,000)
Interest expense (Note 10)	0	2,269,000	1,432,000
Interest and other income	2,379,000	2,641,000	1,637,000
Loss on sale of marketable securities	(1,498,000)	(1,342,000)
Earnings (loss) from continuing operations before income taxes	8,097,000	310,000	(1,805,000)
Income tax provision (benefit) (Note 4)	1,791,000	(18,162,000)	(711,000)
Net earnings (loss) from continuing operations	6,306,000	18,472,000	(1,094,000)
Earnings from discontinued operations, net of tax (Note 13)	107,239,000	2,123,000	10,377,000
Net earnings	$ 113,545,000	$ 20,595,000	$ 9,283,000
Basic:
Continuing Operations (in dollars per share)	$ 0.31	$ 0.91	$ (0.05)
Discontinued Operations (in dollars per share)	5.29	0.11	0.51
Basic earnings per share (in dollars per share)	$ 5.60	$ 1.02	$ 0.46
Basic weighted average shares (in shares)	20,288	20,237	20,235
Diluted:
Continuing Operations (in dollars per share)	$ 0.31	$ 0.91	$ (0.05)
Discontinued Operations (in dollars per share)	5.26	0.11	0.51
Diluted earnings per share (in dollars per share)	$ 5.57	$ 1.02	$ 0.46
Diluted weighted average shares (in shares)	20,385	20,267	20,239

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Earnings - USD ($) $ in Thousands	12 Months Ended
	Mar. 03, 2019	Feb. 25, 2018	Feb. 26, 2017
Net earnings	$ 113,545	$ 20,595	$ 9,283
Other comprehensive earnings (loss), net of tax:
Foreign currency translation	(1,310)	(50)	30
Other comprehensive loss	(153)	(895)	(445)
Total comprehensive earnings	113,392	19,700	8,838
Gains on Marketable Securities [Member]
Other comprehensive earnings (loss), net of tax:
Unrealized holding gains (losses) arising during the period	41		76
Less: reclassification adjustment for gains (losses) included in net earnings		(17)	(228)
Losses on Marketable Securities [Member]
Other comprehensive earnings (loss), net of tax:
Unrealized holding gains (losses) arising during the period	(87)	(2,189)	(411)
Less: reclassification adjustment for gains (losses) included in net earnings	$ 1,203	$ 1,361	$ 88

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Treasury Stock [Member]	Total
Balance, March 1, 2016 (in shares) at Mar. 01, 2016	20,965,144				730,473
Balance, March 1, 2016 at Mar. 01, 2016	$ 2,096	$ 166,398	$ 25,922	$ 1,471	$ (15,020)
Net earnings (loss)			9,283
Foreign currency translation				30
Unrealized holding gains (losses) arising during the period				(475)
Stock-based compensation		1,214
Cash dividends			(8,093)
Balance (in shares) at Feb. 26, 2017	20,965,144				730,473
Balance at Feb. 26, 2017	$ 2,096	167,612	27,112	1,026	$ (15,020)
Net earnings (loss)			20,595			$ 20,595
Foreign currency translation				(50)
Unrealized holding gains (losses) arising during the period				(845)
Stock-based compensation		1,445
Cash dividends			(68,806)
Stock options exercised (in shares)					(6,900)	6,900
Stock options exercised		(46)			$ 142
Balance (in shares) at Feb. 25, 2018	20,965,144				723,573
Balance at Feb. 25, 2018	$ 2,096	169,011	(21,099)	131	$ (14,878)	$ 135,261
Net earnings (loss)			113,545			$ 113,545
Foreign currency translation				(1,310)
Unrealized holding gains (losses) arising during the period				1,157
Stock-based compensation		1,541
Cash dividends			(95,051)
Stock options exercised (in shares)						244,382
Stock options exercised (in shares)					(244,382)
Stock options exercised		(1,157)			$ 5,025
Balance (in shares) at Mar. 03, 2019	20,965,144				479,191
Balance at Mar. 03, 2019	$ 2,096	$ 169,395	$ (2,605)	$ (22)	$ (9,853)	$ 159,011

Consolidated Statements of Sh_2

Consolidated Statements of Shareholders' Equity (Parentheticals) - $ / shares	12 Months Ended
	Mar. 03, 2019	Feb. 25, 2018	Feb. 26, 2017
Retained Earnings [Member]
Cash dividends, per share (in dollars per share)	$ 4.65	$ 3.40	$ 0.40

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Mar. 03, 2019	Feb. 25, 2018	Feb. 26, 2017
Cash flows from operating activities:
Net earnings (loss) from continuing operations	$ 6,306	$ 18,472	$ (1,094)
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:
Depreciation and amortization	1,784	1,833	1,851
Stock-based compensation	1,249	1,445	1,214
Provision for deferred income taxes	(1,147)	(47,991)	(1,411)
Amortization of bond premium	(52)	287	434
Loss on sale of marketable securities	1,498	1,342
Accounts receivable	(2,392)	(2,502)	334
Inventories	(1,312)	(542)	(510)
Prepaid expenses and other current assets	(452)	91	(465)
Other assets and liabilities	(1,580)	346	(528)
Accounts payable	1,344	652	22
Accrued liabilities	1,898	(198)	(577)
Income taxes payable	916	20,501	2,013
Net cash provided by (used in) operating activities - continuing operations	8,060	(6,264)	1,283
Net cash (used in) provided by operating activities - discontinued operations	(517)	9,605	11,884
Net cash provided by operating activities	7,543	3,341	13,167
Cash flows from investing activities:
Purchase of property, plant and equipment	(2,764)	(571)	(68)
Purchases of marketable securities	(113,860)	(164,099)	(72,827)
Proceeds from sales and maturities of marketable securities	125,522	207,034	75,547
Net cash provided by investing activities - continuing operations	8,898	42,364	2,652
Net cash provided by (used in) investing activities - discontinued operations	144,951	(315)	(174)
Net cash provided by investing activities	153,849	42,049	2,478
Cash flows from financing activities:
Dividends paid	(95,051)	(68,806)	(8,093)
Decrease in restricted cash		10,000
Proceeds from exercise of stock options	(3,868)	96
Intercompany Capital Contributions	(6,600)
Payments of long-term debt		(72,000)	(3,000)
Net cash used in financing activities - continuing operations	(105,519)	(130,710)	(11,093)
Net cash used in financing activities - discontinued operations
Net cash used in financing activities	(105,519)	(130,710)	(11,093)
Decrease in cash and cash equivalents before effect of exchange rate changes - continuing operations	(88,561)	(94,610)	(7,158)
Increase in cash and cash equivalents before effect of exchange rate changes - discontinued operations	144,434	9,290	11,710
Increase (decrease) in cash and cash equivalents before effect of exchange rate changes	55,873	(85,320)	4,552
Effect of exchange rate changes on cash and cash equivalents - continuing operations	(170)	250	(136)
Effect of exchange rate changes on cash and cash equivalents - discontinued operations	(2,950)	886	265
Effect of exchange rate changes on cash and cash equivalents	(3,120)	1,136	129
Increase (decrease) in cash and cash equivalents	52,753	(84,184)	4,681
Cash and cash equivalents, beginning of year	18,254	102,438	97,757
Cash and cash equivalents, end of year	$ 71,007	$ 18,254	$ 102,438

Note 1 - Summary of Significant

Note 1 - Summary of Significant Accounting Policies	12 Months Ended
	Mar. 03, 2019
Notes to Financial Statements
Significant Accounting Policies [Text Block]	1. S ummary of Significant Accounting Policies Park Electrochemical Corp. (“Park”), through its subsidiaries (collectively, the “Company”), is a global advanced materials company which develops and manufactures advanced composite materials, primary and secondary structures and assemblies and low-volume tooling for the aerospace markets. a. Principles of Consolidation b. Basis of Presentation July 25, 2018, $145,000 December 4, 2018. ( 13 The Company has classified the operating results of its Electronics Business, together with certain costs related to the transaction, as discontinued operations, net of tax, in the Consolidated Statements of Operations, in accordance with Accounting Standards Codification (“ASC”) 205 20, Discontinued Operations 13 c. Use of Estimates may d. A ccounting Period 52 53 February. 2019, 2018 2017 March 3, 2019, February 25, 2018 February 26, 2017, 2019, 2018 2017 53, 52 52 e. Fair Value Measurements – (i.e. Fair value measurements are broken down into three Level 1 Level 2 1 2 e.g. Level 3 not The fair value of the Company’s cash and cash equivalents, accounts receivable, accounts payable and current liabilities approximate their carrying value due to their short-term nature. Due to the variable interest rates periodically adjusting with the current LIBOR, the carrying value of outstanding borrowings under the Company’s long-term debt approximated its fair value (See Note 10 1 2 2 The Company’s non-financial assets measured at fair value on a non-recurring basis, for purposes of calculating impairment, include goodwill and any long-lived assets written down to fair value. To measure fair value of such assets, the Company uses Level 3 no 2019, 2018 2017 f. Cash and Cash Equivalents – 90 $49,707 $4,983 March 3, 2019 February 25, 2018, 2 $126,196 $151,624 March 3, 2019 Supplemental cash flow information: Fiscal Year 2019 2018 2017 Cash paid during the year for: Income taxes, net of refunds $ 14,451 $ 2,040 $ 3,648 Interest - 2,127 1,342 At March 3, 2019 February 25, 2018, $65,144 $7,513, g. Marketable Securities h . Inventories first first i . Revenue Recognition 1 2 3 4 5 j . Sales Allowances and Product Warranties may no may 1.0% three k. Accounts Receivable – not may l . Valuation of Long-Lived Assets may not not $67 2018 no 2019 2017 m. Goodwill and Other Intangible Assets not 15 may not first not not two first fourth no 2019 2017 n . Shipping Costs third o . Property, Plant and Equipment 10 25 30 $1,784, $1,833 $1,851 2019, 2018 2017 p . Income Taxes may 4 Tax benefits are recognized for an uncertain tax position when, in the Company’s judgment, it is more likely than not not 50% q. Foreign Currency Translation r. Stock-Based Compensation four s. Treasury Stock – t. Reclassification – no 13

Note 2 - Marketable Securities

Note 2 - Marketable Securities	12 Months Ended
	Mar. 03, 2019
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	2 . MA rketable Securities The Company recorded losses on the sales of marketable securities of $1,498 $4.25 February 2019. fourth 2018 $1,342 January 15, 2016, $68,500 $3.00 February 2018. The following is a summary of available-for-sale securities: March 3, 2019 Total Level 1 Level 2 Level 3 U.S. Treasury and other government securities $ 68,718 $ 68,718 $ - $ - U.S. corporate debt securities 11,899 11,899 - - Total marketable securities $ 80,617 $ 80,617 $ - $ - February 25, 2018 Total Level 1 Level 2 Level 3 U.S. Treasury and other government securities $ 78,361 $ 78,361 $ - $ - U.S. corporate debt securities 11,616 11,616 - - Total marketable securities $ 89,977 $ 89,977 $ - $ - The following tables show the amortized cost basis, gross unrealized gains and losses and gross realized gains and losses on the Company’s available-for-sale securities: Amortized Cost Basis Gross Unrealized Gains Gross Unrealized Losses March 3, 2019: U.S. Treasury and other government securities $ 68,727 $ 44 $ 53 U.S. corporate debt securities 11,924 7 32 Total marketable securities $ 80,651 $ 51 $ 85 February 25, 2018: U.S. Treasury and other government securities $ 80,116 $ - $ 1,755 U.S. corporate debt securities 11,675 - 59 Total marketable securities $ 91,791 $ - $ 1,814 Fiscal Year 2019 2018 2017 Gross realized gains on sale $ - $ - $ - Gross realized losses on sale $ 1,498 $ 1,342 $ - The estimated fair values of such securities at March 3, 2019, Due in one year or less $ 8,453 Due after one year through five years 72,164 $ 80,617

Note 3 - Other Balance Sheet Da

Note 3 - Other Balance Sheet Data	12 Months Ended
	Mar. 03, 2019
Notes to Financial Statements
Supplemental Balance Sheet Disclosures [Text Block]	3. Other CONSOLIDATED balance sheet data Other consolidated balance sheet data consisted of the following: March 3, February 25, 2019 2018 Inventories: Raw materials $ 4,556 $ 2,824 Work-in-process 232 159 Finished goods 479 972 $ 5,267 $ 3,955 Property, plant and equipment: Land, buildings and improvements $ 13,187 $ 8,541 Machinery, equipment, furniture and fixtures 56,961 23,499 70,148 32,040 Less: accumulated depreciation and amortization 59,357 22,235 $ 10,791 $ 9,805 Goodwill and other intangible assets: Goodwill $ 9,776 $ 9,776 Other intangibles 35 42 $ 9,811 $ 9,818 Accrued liabilities: Payroll and payroll related $ 823 $ 256 Employee benefits 6 1 Workers' compensation 122 210 Professional fees 451 372 Restructuring (Notes 8 and 13) 1,324 46 Other 194 137 $ 2,920 $ 1,022

Note 4 - Income Taxes

Note 4 - Income Taxes	12 Months Ended
	Mar. 03, 2019
Notes to Financial Statements
Income Tax Disclosure [Text Block]	4 . I ncome Taxes On December 22, 2017, not 35% 21%, December 31, 2017, ( one 2018. January 1, 2018. 21% 2019 32.9% 2018 In response to the enactment of the Tax Act, the Securities and Exchange Commission issued Staff Accounting Bulletin (“SAB”) 118, 118 not one 740. During the 2018 one $23,139 one eight The provisional one $21,887, $1,751 $20,136, eight $44,309 $18,456 2018 In connection with the enactment of the Tax Act, the Company re-measured its U.S. deferred tax assets and liabilities based on the rates at which they are expected to be realized in future tax years. During the fourth 2018 $1,963. During the fourth 2019 no The Tax Act establishes global intangible low-taxed income (“GILTI”) provisions that impose a tax on foreign income in excess of a deemed return on tangible assets of foreign corporations. The Company made a policy election to treat the income tax due on the U.S. inclusion of GILTI provisions as a period expense when incurred. The income tax (benefit) provision for continuing operations includes the following: Fiscal Year 2019 2018 2017 Current: Federal $ 1,776 $ 22,968 $ 120 State and local 164 51 (34 ) Foreign 258 481 929 2,198 23,500 1,015 Deferred: Federal (71 ) (41,624 ) (694 ) State and local (362 ) (21 ) (397 ) Foreign 26 (17 ) (635 ) (407 ) (41,662 ) (1,726 ) $ 1,791 $ (18,162 ) $ (711 ) The income tax (benefit) provision for discontinued operations includes the following: Fiscal Year 2019 2018 2017 Current: Federal $ 11,198 $ (1,400 ) $ (652 ) State and local 1,455 168 (6 ) Foreign 1,397 327 2,154 14,050 (905 ) 1,496 Deferred: Federal 686 (430 ) 325 State and local 564 (31 ) (193 ) Foreign (617 ) 63 61 633 (398 ) 193 $ 14,683 $ (1,303 ) $ 1,689 State income tax benefits from loss carryforwards to future years were recognized as deferred tax assets in the 2019, 2018 2017 Notwithstanding the U.S. taxation of the deemed repatriated foreign earnings as a result of the transition tax, the Company intends to indefinitely invest approximately $25 may $113,600, $135,300, $6,800 2019, 2018 2017 The Company’s pre-tax earnings (loss) from continuing operations in the United States and foreign locations are as follows: Fiscal Year 2019 2018 2017 United States $ 6,661 $ (652 ) $ (3,266 ) Foreign 1,436 962 1,461 Earnings (loss) before income taxes $ 8,097 $ 310 $ (1,805 ) The Company’s pre-tax earnings (loss) from discontinued operations in the United States and foreign locations are as follows: Fiscal Year 2019 2018 2017 United States $ 7,485 $ (7,512 ) $ (1,476 ) Foreign 114,437 8,332 13,542 Earnings before income taxes $ 121,922 $ 820 $ 12,066 The Company’s effective income tax rate differs from the statutory U.S. Federal income tax rate as a result of the following: Fiscal Year 2019 2018 2017 Statutory U.S. Federal tax rate 21.0 % 32.9 % 34.0 % State and local taxes, net of 1.6 % (41.4 %) (0.9 %) Federal benefit Foreign tax rate differentials (0.8 %) (117.6 %) 13.8 % Valuation allowance on deferred tax assets (2.8 %) - - Adjustment on tax accruals 2.9 % 56.8 % (3.9 %) ASC 740-10 change 0.4 % 104.7 % 16.9 % Foreign tax credits (3.2 %) (118.0 %) 14.2 % U.S. Tax Reform - (5,944.2 %) - Subpart F 4.0 % 281.1 % (37.2 %) Permanent differences and other (1.0 %) (104.0 %) 2.5 % 22.1 % (5,849.7 % ) 39.4 % The Company had state net operating loss carryforwards of approximately $3,161 $5,909 2019 2018 $7,862 $7,862 2019 2018 not 2019 2020 2039. The Company had research and development and other credits of $0 $142 March 3, 2019 February 25, 2018, The Company had Kansas tax credits of $0 $225 2019 2018 2019 $135 2019 2018 no The deferred tax asset valuation allowance of $2,755 March 3, 2019 not 2019 $226, Significant components of the Company's deferred tax assets and liabilities from continuing operations as of March 3, 2019 February 25, 2018 March 3, February 25, 2019 2018 Deferred tax assets: Net operating loss carryforwards $ 2,709 $ 2,869 Tax credits carryforward 135 135 Stock options 1,206 1,269 Other, net 574 184 4,624 4,457 Valuation allowance on deferred tax assets (2,755 ) (2,981 ) Total deferred tax assets, net of valuation allowance 1,869 1,476 Deferred tax liabilities: Depreciation (1,368 ) (1,974 ) Undistributed earnings (333 ) (497 ) Other (154 ) (138 ) Total deferred tax liabilities (1,855 ) (2,609 ) Net deferred tax asset (liability) $ 14 $ (1,133 ) At March 3, 2019 February 25, 2018, $1,016 $543, March 3, 2019 A reconciliation of the beginning and ending amounts of unrecognized tax benefits for continuing operations is as follows: Unrecognized Tax Benefits March 3, February 25, February 26, 2019 2018 2017 Balance, beginning of year $ 314 $ - $ 267 Tax positions - Discontinued Ops in prior period 187 - - Gross decreases - tax positions in prior period (256 ) - (267 ) Gross increases - current period tax positions 784 314 - Audit settlements (92 ) - - Balance, end of year $ 937 $ 314 $ - A reconciliation of the beginning and ending amounts of unrecognized tax benefits for discontinued operations is as follows: Unrecognized Tax Benefits March 3, February 25, February 26, 2019 2018 2017 Balance, beginning of year $ 187 $ 1,024 $ 970 Tax positions - Discontinued Ops in prior period (187 ) - - Gross decreases - tax positions in prior period - (688 ) (50 ) Gross increases - current period tax positions - 6 104 Lapse of statute of limitations - (155 ) - Balance, end of year $ - $ 187 $ 1,024 The amount of unrecognized tax benefits may none 12 A list of open tax years by major jurisdiction follows: U.S. Federal 2017 - 2019 California 2016 - 2019 New York 2017 - 2019 France 2016 - 2019 Singapore 2015 - 2019 The Company had approximately $79 $41 March 3, 2019 February 25, 2018, The Company has no 2016 June 2018.

Note 5 - Stock-based Compensati

Note 5 - Stock-based Compensation	12 Months Ended
	Mar. 03, 2019
Notes to Financial Statements
Share-based Payment Arrangement [Text Block]	5. STOCK-BASED COMPENSATION As of March 3, 2019, 2018 “2018 no 2018 May 8, 2018 July 24, 2018. 2018 2002 “2002 2018 2002 25% one 25% 10 800,000 2018 March 3, 2019, 540,709 2002 800,000 2018 The compensation expense for stock options includes an estimate for forfeitures and is recognized on a straight-line basis over the requisite service period. The future compensation expense to be recognized in earnings before income taxes for options outstanding at March 3, 2019 $435, 1.05 The Company records its stock-based compensation at fair value. The weighted average fair value for options was estimated at the dates of grants, using the Black-Scholes option pricing model. The following table represents the weighted average fair value and valuation assumptions used for options granted in the 2019, 2018 2017 Fiscal Year 2019 2018 2017 Weighted average fair value per share of option grants $3.66 - $3.15 Risk-free interest rates 2.83% - 1.77% Expected stock price volatility 24.7% - 28.9% Expected dividend yields 2.32% - 2.23% Estimated option terms (in years) 5.2 - 5.3 The risk-free interest rates are based on U.S. Treasury rates at the date of grant with maturity dates approximately equal to the estimated term of the options at the date of grant. Volatility factors are based on historical volatility of the Company’s common stock. The expected dividend yields are based on the regular quarterly cash dividend per share most recently declared by the Company and on the exercise price of the options granted during the 2019 During the 2019 $528 $4.25 February 2019. 2018 $513 $3.00 February 2018. 2019 $1,249 $1,445 2018 Information with respect to stock option activity follows: Outstanding Options Weighted Average Exercise Price Weighted Average Remaining Contractual Term (in years) Balance, February 28, 2016 1,226,392 $ 21.19 Granted 1,250 14.07 Exercised - - Terminated or expired (157,113 ) 21.66 Balance, February 26, 2017 1,070,529 $ 21.08 Granted - - Exercised (6,900 ) 13.36 Terminated or expired (178,075 ) 22.55 Balance, February 25, 2018 885,554 $ 17.55 Granted 2,650 13.50 Exercised (244,382 ) 12.18 Terminated or expired (103,113 ) 18.75 Balance, March 3, 2019 540,709 $ 13.49 4.48 Vested and exercisable, March 3, 2019 508,359 $ 13.84 4.38 Expected to vest, March 3, 2019 508,889 $ 13.49 4.48 The aggregate intrinsic values realized (the market value of the underlying shares on the date of exercise, less the exercise price, times the number of shares acquired) from the exercise of options during the 2019, 2018 2017 $1,157, $44 $0, A summary of the status of the Company’s non-vested options at March 3, 2019, Shares Subject to Options Weighted Average Grant Date Fair Value Non-vested, beginning of year 196,238 $ 6.09 Granted 2,650 3.66 Vested (169,287 ) 6.02 Terminated or expired (4,001 ) 5.98 Non-vested, end of year 25,600 $ 3.50

Note 6 - Shareholders' Equity

Note 6 - Shareholders' Equity	12 Months Ended
	Mar. 03, 2019
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	6. S HARE HOLDERS’ EQUITY Treasury Stock January 8, 2015, 1,250,000 6% 20,945,634 January 7, 2015. On March 10, 2016, 1,000,000 January 8, 2015. 2016 599,832 $12,187. 1,531,412 7.5% 20,492,153 May 10, 2019. Reserved Common Shares March 3, 2019, 1,340,709 Accumulated Other Comprehensive Earnings March 3, 2019 February 25, 2018 Currency translation adjustment $ - $ 1,310 Unrealized gains (losses) on investments, net of taxes of $1,157 and $(635), respectively (22 ) (1,179 ) Accumulated balance $ (22 ) $ 131

Note 7 - Earnings Per Share

Note 7 - Earnings Per Share	12 Months Ended
	Mar. 03, 2019
Notes to Financial Statements
Earnings Per Share [Text Block]	7. EARNINGS PER SHARE Basic earnings per share are computed by dividing net earnings by the weighted average number of shares of common stock outstanding during the period. Diluted earnings per share are computed by dividing net earnings by the sum of (a) the weighted average number of shares of common stock outstanding during the period and (b) the potential common stock equivalents outstanding during the period. Stock options are the only common stock equivalents, and the number of dilutive options is computed using the treasury stock method. The following table sets forth the calculation of basic and diluted earnings per share: Fiscal Year (Amounts in thousands, except per share amounts) 2019 2018 2017 Net earnings (loss) - continuing operations $ 6,306 $ 18,472 $ (1,094 ) Net earnings - discontinued operations 107,239 2,123 10,377 Net earnings $ 113,545 $ 20,595 $ 9,283 Weighted average common shares outstanding for basic EPS 20,288 20,237 20,235 Net effect of dilutive options 97 30 4 Weighted average shares outstanding for diluted EPS 20,385 20,267 20,239 Basic earnings (loss) per share - continuing operations $ 0.31 $ 0.91 $ (0.05 ) Basic earnings per share - discontinued operations 5.29 0.11 0.51 Basic earnings per share $ 5.60 $ 1.02 $ 0.46 Diluted earnings (loss) per share - continuing operations $ 0.31 $ 0.91 $ (0.05 ) Diluted earnings per share - discontinued operations 5.26 0.11 0.51 Diluted earnings per share $ 5.57 $ 1.02 $ 0.46 Potentially dilutive stock options, which were not 213,893, 606,357 884,905 2019, 2018 2017

Note 8 - Restructuring Charges

Note 8 - Restructuring Charges	12 Months Ended
	Mar. 03, 2019
Notes to Financial Statements
Restructuring and Related Activities Disclosure [Text Block]	8 . restructuring charges The Company recorded additional restructuring charges of $0, $146 $0 2019, 2018 2017 2012

Note 9 - Employee Benefit Plans

Note 9 - Employee Benefit Plans	12 Months Ended
	Mar. 03, 2019
Notes to Financial Statements
Compensation and Employee Benefit Plans [Text Block]	9 . Employee Benefit Plans Profit Sharing Plan may no may $73 $74 2018 2017, 2019 not may not Savings Plan 401 no

Note 10 - Long-term Debt

Note 10 - Long-term Debt	12 Months Ended
	Mar. 03, 2019
Notes to Financial Statements
Debt Disclosure [Text Block]	1 0 . LONG-TERM DEBT On January 15, 2016, three February 2014. $75,000 $2,000. On January 3, 2018, $144 fourth February 25, 2018. Interest expense recorded under both the PNC Bank Amended Credit Agreement and the Credit Agreement was approximately $0, $2,269 $1,432 2019, 2018 2017

Note 11 - Commitments

Note 11 - Commitments	12 Months Ended
	Mar. 03, 2019
Notes to Financial Statements
Commitments Disclosure [Text Block]	1 1 . C ommitments The Company conducts certain of its operations in leased facilities, which include manufacturing plants, warehouses and offices. The leases of facilities are for terms of up to 10 2023. one ten 2068 These non-cancelable leases have the following payment schedule: Fiscal Year Amount 2020 $ 834 2021 517 2022 53 2023 53 2024 - Thereafter - $ 1,457 The above payment schedule does not not $163 2024 Rental expenses, inclusive of real estate taxes and other costs, were $346, $432 $417 2019, 2018 2017 In December 2018, 90,000 five three eight $20 first 2020 $3,973

Note 12 - Contingencies

Note 12 - Contingencies	12 Months Ended
	Mar. 03, 2019
Notes to Financial Statements
Contingencies Disclosure [Text Block]	1 2 . CONTINGENCIES Litigation The Company is subject to a small number of immaterial proceedings, lawsuits and other claims related to environmental, employment, product and other matters. The Company is required to assess the likelihood of any adverse judgments or outcomes in these matters as well as potential ranges of probable losses. A determination of the amount of reserves required, if any, for these contingencies is made after careful analysis of each individual issue. The required reserves may not Environmental Contingencies The Company and certain of its subsidiaries have been named by the Environmental Protection Agency (the “EPA”) or a comparable state agency under the Comprehensive Environmental Response, Compensation and Liability Act (the “Superfund Act”) or similar state law as potentially responsible parties in connection with alleged releases of hazardous substances at three Under the Superfund Act and similar state laws, all parties who may may The insurance carriers which provided general liability insurance coverage to the Company and its subsidiaries for the years during which the Company’s subsidiaries’ waste was disposed at these sites have in the past reimbursed the Company and its subsidiaries for 100% two The Company does not two three 100% two Included in selling, general and administrative expenses are charges for actual expenditures and accruals, based on estimates, for certain environmental matters described above. The Company accrues estimated costs associated with known environmental matters, when such costs can be reasonably estimated and when the outcome appears probable. The Company believes that the ultimate disposition of known environmental matters will not

Note 13 - Discontinued Operatio

Note 13 - Discontinued Operations	12 Months Ended
	Mar. 03, 2019
Notes to Financial Statements
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	1 3 . D iscontinued OperATIONS On July 25, 2018, $145,000 $124,156, $7,657 $13,187. $102,145. 82%, 16%, 2%, December 4, 2018. The Company has classified the operating results of its Electronics Business, together with certain costs related to the transaction, as discontinued operations, net of tax, in the Consolidated Statements of Operations. The Company has income in the U.S., Singapore and France, the blended tax rates for discontinued operations for the 2019, 2018 2017 12.0%, 158.9% 14.0%, The following table shows the summary operating results of the discontinued operations: Fiscal Year Ended March 3, February 25, February 26, 2019 2018 2017 Net sales $ 57,492 $ 70,966 $ 82,771 Cost of sales 44,361 55,794 61,030 Gross profit 13,131 15,172 21,741 Selling, general and administrative expenses 8,826 9,510 9,430 Restructuring charges 636 4,876 313 Earnings from discontinued operations 3,669 786 11,998 Other income 118,253 34 68 Earnings from discontinued operations before income taxes 121,922 820 12,066 Income tax provision (benefit) 14,683 (1,303 ) 1,689 Net earnings from discontinued operations $ 107,239 $ 2,123 $ 10,377 The following table shows the summary assets and liabilities of the discontinued operations as of February 25, 2018. no March 3, 2019: February 25, 2018 Carrying Amount of Current Assets Included as Part of Discontinued Operations: Accounts Receivable, Net $ 12,801 Inventories 7,201 Prepaid Expenses and Other Current Assets 646 Total Current Assets Included as Part of Discontinued Operations $ 20,648 Fixed Assets, Net $ 6,727 Other Assets 2,158 Total Non-Current Assets Included as Part of Discontinued Operations $ 8,885 Carrying Amount of Current Liabilities Included as Part of Discontinued Operations: Accounts Payable $ 2,200 Accrued Liabilities 4,360 Income Taxes Payable 1,364 Total Current Liabilities Included as Part of Discontinued Operations $ 7,924 Deferred Income Taxes $ 618 Other Liabilities 229 Total Non-Current Liabilities Included as Part of Discontinued Operations $ 847 During the 2018 $810, February 28, 2021. The restructuring expenses for discontinued operations were $262 $4,429 2019 2018 The following table sets forth the charges and accruals related to the consolidation: Accrual February 25, 2018 Current Period Charges Cash Payments Non-Cash Charges Accrual March 3, 2019 Total Expense Accrued to Date Total Expected Costs Facility Lease Costs $ 2,176 $ 81 $ (933 ) $ - $ 1,324 $ 2,830 $ 2,830 Severance Costs - - - - - 1,081 1,081 Equipment Removal - - - - - - 700 Other - 180 (180 ) - - 779 889 Total Restructuring Charges $ 2,176 $ 261 $ (1,113 ) $ - $ 1,324 $ 4,690 $ 5,500 The Company recorded additional restructuring charges for discontinued operations of $374 $447 2019 2018 2009 November 15, 2018; $2,570 2019 $1,324

Note 14 - Geographic Regions

Note 14 - Geographic Regions	12 Months Ended
	Mar. 03, 2019
Notes to Financial Statements
Geographic Regions [Text Block]	14 . GEOGRAPHIC REGIONS The Company’s products are sold to customers in North America, Asia and Europe. The Company’s manufacturing facilities are located in Kansas. Sales are attributed to geographic regions based upon the region in which the materials were delivered to the customer. Sales between geographic regions were not Financial information regarding the Company’s continuing operations by geographic region is as follows: Fiscal Year 2019 2018 2017 Sales: North America $ 47,505 $ 38,641 $ 30,079 Asia 1,070 563 729 Europe 2,541 1,026 1,029 Total sales $ 51,116 $ 40,230 $ 31,837 Long-lived assets: North America $ 19,372 $ 18,313 $ 19,546 Asia 1,546 1,680 1,871 Europe - - - Total long-lived assets $ 20,918 $ 19,993 $ 21,417

Note 15 - Customer and Supplier

Note 15 - Customer and Supplier Concentrations	12 Months Ended
	Mar. 03, 2019
Notes to Financial Statements
Concentration Risk Disclosure [Text Block]	1 5 . Customer and Supplier Concentrations As a result of the sale of the Electronics Business, the Company now operates in a single segment. As such, segment reporting is no Customers 42.8%, 30.5% 14.7% 2019, 2018 2017 10.6% 2018 While no 10% 2019, 2018 2017 Sources of Supply not not

Note 16 - Accounting Pronouncem

Note 16 - Accounting Pronouncements	12 Months Ended
	Mar. 03, 2019
Notes to Financial Statements
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	1 6 . ACCOUNTING PRONOUNCEMENTS Recently Adopted In November 2016, No. 2016 18, Statement of Cash Flows (Topic 230 December 15, 2017 February 26, 2018, first 2019 not In August 2016, No. 2016 15, Statement of Cash Flows (Topic 230 : Classification of Certain Cash Receipts and Cash Payments December 15, 2017 February 26, 2018, first 2019 not In January 2016, No. 2016 01, Financial Instruments Overall (Subtopic 825 10 December 15, 2017 February 26, 2018, first 2019 not In May 2014, 606, Revenue from Contracts with Customers 605, Revenue Recognition December 15, 2016, August 2015, one December 15, 2017 February 26, 2018, first 2019 not Recently Issued In August 2018, No. 2018 13, Fair Value Measurement (Topic 820 1 2 3 February 28, 2021 2018 13 In February 2018, No. 2018 02, Income Statement - Reporting Comprehensive Income (Topic 220 not March 1, 2020 first 2020 not 2018 02 not In February 2016, No. 2016 02, Leases 12 may 12 No. 2016 02 July 2018, No. 2018 11, Leases (Topic 842 842. two 2016 02 March 1, 2020 first 2019 2020 $350.

Selected Quarterly Financial Da

Selected Quarterly Financial Data (Unaudited)	12 Months Ended
	Mar. 03, 2019
Notes to Financial Statements
Quarterly Financial Information [Text Block]	PARK ELECTROCHEMICAL CORP. AND SUBSIDIARIES Selected Quarterly Financial Data (Unaudited) (Amounts in thousands, except per share amounts) Quarter First Second Third Fourth Fiscal 2019: Net sales $ 10,393 $ 11,211 $ 12,853 $ 16,659 Gross profit 2,852 3,145 4,284 5,903 Net earnings from continuing operations 816 1,824 2,078 1,588 Net earnings from discontinued operations 2,352 876 1,613 102,398 Net earnings 3,168 2,700 3,691 103,986 Basic Earnings per share: Basic net earnings per share from continuing operations $ 0.04 $ 0.09 $ 0.10 $ 0.08 Basic net earnings per share from discontinued operations 0.12 0.04 0.08 5.02 Basic earnings per share 0.16 0.13 0.18 5.10 Diluted Earnings per share: Diluted net earnings per share from continuing operations $ 0.04 $ 0.09 $ 0.10 $ 0.08 Diluted net earnings per share from discontinued operations 0.12 0.04 0.08 4.99 Diluted earnings per share 0.16 0.13 0.18 5.07 Weighted average common shares outstanding: Basic 20,242 20,253 20,278 20,370 Diluted 20,296 20,382 20,352 20,501 Fiscal 2018: Net sales $ 8,726 $ 11,355 $ 10,229 $ 9,920 Gross profit 2,297 3,208 2,965 2,818 Net earnings from continuing operations 72 859 344 17,197 Net earnings (loss) from discontinued operations 1,322 (339 ) 372 768 Net earnings 1,394 520 716 17,965 Basic Earnings per share: Basic net earnings per share from continuing operations $ - $ 0.04 $ 0.02 $ 0.85 Basic net earnings (loss) per share from discontinued operations 0.07 (0.02 ) 0.02 0.04 Basic earnings per share 0.07 0.02 0.04 0.89 Diluted Earnings per share: Diluted net earnings per share from continuing operations $ - $ 0.04 $ 0.02 $ 0.85 Diluted net earnings (loss) per share from discontinued operations 0.07 (0.02 ) 0.02 0.04 Diluted earnings per share 0.07 0.02 0.04 0.89 Weighted average common shares outstanding: Basic 20,235 20,236 20,237 20,238 Diluted 20,244 20,250 20,261 20,311 Earnings per share are computed separately for each quarter. Therefore, the sum of such quarterly per share amounts may

Schedule II - Valuation and Qua

Schedule II - Valuation and Qualifying Accounts	12 Months Ended
	Mar. 03, 2019
Notes to Financial Statements
SEC Schedule, 12-09, Schedule of Valuation and Qualifying Accounts Disclosure [Text Block]	PARK ELECTROCHEMICAL CORP. AND SUBSIDIARIES SCHEDULE II – VALUATION AND QUALIFYING ACCOUNTS Column C Column A Column B Additions Column D Column E Description Balance at Beginning of Period Costs and Expenses Other Reductions Balance at End of Period DEFERRED INCOME TAX ASSET VALUATION ALLOWANCE: 53 weeks ended March 3, 2019 $ 2,981,000 $ - $ - $ (226,000 ) $ 2,755,000 52 weeks ended February 25, 2018 $ 2,982,000 $ - $ - $ (1,000 ) $ 2,981,000 52 weeks ended February 26, 2017 $ 2,982,000 $ - $ - $ - $ 2,982,000 Column D Column A Column B Column C Other Column E Description Balance at Beginning of Period Charged to Cost and Expenses Accounts Written Off (A) Translation Adjustment Balance at End of Period ALLOWANCE FOR DOUBTFUL ACCOUNTS: 53 weeks ended March 3, 2019 $ 32,000 $ - $ - $ - $ 32,000 52 weeks ended February 25, 2018 $ 32,000 $ - $ - $ - $ 32,000 52 weeks ended February 26, 2017 $ 32,000 $ - $ - $ - $ 32,000 (A)

Significant Accounting Policies

Significant Accounting Policies (Policies)	12 Months Ended
	Mar. 03, 2019
Accounting Policies [Abstract]
Consolidation, Policy [Policy Text Block]	a. Principles of Consolidation
Basis of Accounting, Policy [Policy Text Block]	b. Basis of Presentation July 25, 2018, $145,000 December 4, 2018. ( 13 The Company has classified the operating results of its Electronics Business, together with certain costs related to the transaction, as discontinued operations, net of tax, in the Consolidated Statements of Operations, in accordance with Accounting Standards Codification (“ASC”) 205 20, Discontinued Operations 13
Use of Estimates, Policy [Policy Text Block]	c. Use of Estimates may
Fiscal Period, Policy [Policy Text Block]	d. A ccounting Period 52 53 February. 2019, 2018 2017 March 3, 2019, February 25, 2018 February 26, 2017, 2019, 2018 2017 53, 52 52
Fair Value Measurement, Policy [Policy Text Block]	e. Fair Value Measurements – (i.e. Fair value measurements are broken down into three Level 1 Level 2 1 2 e.g. Level 3 not The fair value of the Company’s cash and cash equivalents, accounts receivable, accounts payable and current liabilities approximate their carrying value due to their short-term nature. Due to the variable interest rates periodically adjusting with the current LIBOR, the carrying value of outstanding borrowings under the Company’s long-term debt approximated its fair value (See Note 10 1 2 2 The Company’s non-financial assets measured at fair value on a non-recurring basis, for purposes of calculating impairment, include goodwill and any long-lived assets written down to fair value. To measure fair value of such assets, the Company uses Level 3 no 2019, 2018 2017
Cash and Cash Equivalents, Policy [Policy Text Block]	f. Cash and Cash Equivalents – 90 $49,707 $4,983 March 3, 2019 February 25, 2018, 2 $126,196 $151,624 March 3, 2019 Supplemental cash flow information: Fiscal Year 2019 2018 2017 Cash paid during the year for: Income taxes, net of refunds $ 14,451 $ 2,040 $ 3,648 Interest - 2,127 1,342 At March 3, 2019 February 25, 2018, $65,144 $7,513,
Marketable Securities, Policy [Policy Text Block]	g. Marketable Securities
Inventory, Policy [Policy Text Block]	h . Inventories first first
Revenue [Policy Text Block]	i . Revenue Recognition 1 2 3 4 5
Contract with Customer, Sales Allowances and Product Warranties [Policy Text Block]	j . Sales Allowances and Product Warranties may no may 1.0% three
Accounts Receivable [Policy Text Block]	k. Accounts Receivable – not may
Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block]	l . Valuation of Long-Lived Assets may not not $67 2018 no 2019 2017
Goodwill and Intangible Assets, Goodwill, Policy [Policy Text Block]	m. Goodwill and Other Intangible Assets not 15 may not first not not two first fourth no 2019 2017
Contract with Customer, Shipping and Handling Cost, Policy [Policy Text Block]	n . Shipping Costs third
Property, Plant and Equipment, Policy [Policy Text Block]	o . Property, Plant and Equipment 10 25 30 $1,784, $1,833 $1,851 2019, 2018 2017
Income Tax, Policy [Policy Text Block]	p . Income Taxes may 4 Tax benefits are recognized for an uncertain tax position when, in the Company’s judgment, it is more likely than not not 50%
Foreign Currency Transactions and Translations Policy [Policy Text Block]	q. Foreign Currency Translation
Share-based Payment Arrangement [Policy Text Block]	r. Stock-Based Compensation four
Treasury Stock Policy [Policy Text Block]	s. Treasury Stock –
Reclassification, Policy [Policy Text Block]	t. Reclassification – no 13

Note 1 - Summary of Significa_2

Note 1 - Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Mar. 03, 2019
Notes Tables
Schedule of Cash Flow, Supplemental Disclosures [Table Text Block]	Fiscal Year 2019 2018 2017 Cash paid during the year for: Income taxes, net of refunds $ 14,451 $ 2,040 $ 3,648 Interest - 2,127 1,342

Note 2 - Marketable Securities

Note 2 - Marketable Securities (Tables)	12 Months Ended
	Mar. 03, 2019
Notes Tables
Fair Value, Separate Account Investment [Table Text Block]	March 3, 2019 Total Level 1 Level 2 Level 3 U.S. Treasury and other government securities $ 68,718 $ 68,718 $ - $ - U.S. corporate debt securities 11,899 11,899 - - Total marketable securities $ 80,617 $ 80,617 $ - $ - February 25, 2018 Total Level 1 Level 2 Level 3 U.S. Treasury and other government securities $ 78,361 $ 78,361 $ - $ - U.S. corporate debt securities 11,616 11,616 - - Total marketable securities $ 89,977 $ 89,977 $ - $ -
Schedule of Unrealized Loss on Investments [Table Text Block]	Amortized Cost Basis Gross Unrealized Gains Gross Unrealized Losses March 3, 2019: U.S. Treasury and other government securities $ 68,727 $ 44 $ 53 U.S. corporate debt securities 11,924 7 32 Total marketable securities $ 80,651 $ 51 $ 85 February 25, 2018: U.S. Treasury and other government securities $ 80,116 $ - $ 1,755 U.S. corporate debt securities 11,675 - 59 Total marketable securities $ 91,791 $ - $ 1,814
Realized Gain (Loss) on Investments [Table Text Block]	Fiscal Year 2019 2018 2017 Gross realized gains on sale $ - $ - $ - Gross realized losses on sale $ 1,498 $ 1,342 $ -
Investments Classified by Contractual Maturity Date [Table Text Block]	Due in one year or less $ 8,453 Due after one year through five years 72,164 $ 80,617

Note 3 - Other Balance Sheet _2

Note 3 - Other Balance Sheet Data (Tables)	12 Months Ended
	Mar. 03, 2019
Notes Tables
Schedule of Other Balance Sheet Data [Table Text Block]	March 3, February 25, 2019 2018 Inventories: Raw materials $ 4,556 $ 2,824 Work-in-process 232 159 Finished goods 479 972 $ 5,267 $ 3,955 Property, plant and equipment: Land, buildings and improvements $ 13,187 $ 8,541 Machinery, equipment, furniture and fixtures 56,961 23,499 70,148 32,040 Less: accumulated depreciation and amortization 59,357 22,235 $ 10,791 $ 9,805 Goodwill and other intangible assets: Goodwill $ 9,776 $ 9,776 Other intangibles 35 42 $ 9,811 $ 9,818 Accrued liabilities: Payroll and payroll related $ 823 $ 256 Employee benefits 6 1 Workers' compensation 122 210 Professional fees 451 372 Restructuring (Notes 8 and 13) 1,324 46 Other 194 137 $ 2,920 $ 1,022

Note 4 - Income Taxes (Tables)

Note 4 - Income Taxes (Tables)	12 Months Ended
	Mar. 03, 2019
Notes Tables
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	Fiscal Year 2019 2018 2017 Current: Federal $ 1,776 $ 22,968 $ 120 State and local 164 51 (34 ) Foreign 258 481 929 2,198 23,500 1,015 Deferred: Federal (71 ) (41,624 ) (694 ) State and local (362 ) (21 ) (397 ) Foreign 26 (17 ) (635 ) (407 ) (41,662 ) (1,726 ) $ 1,791 $ (18,162 ) $ (711 )
Schedule of Components of Income Tax Expense (Benefit), Discontinued Operation [Table Text Block]	Fiscal Year 2019 2018 2017 Current: Federal $ 11,198 $ (1,400 ) $ (652 ) State and local 1,455 168 (6 ) Foreign 1,397 327 2,154 14,050 (905 ) 1,496 Deferred: Federal 686 (430 ) 325 State and local 564 (31 ) (193 ) Foreign (617 ) 63 61 633 (398 ) 193 $ 14,683 $ (1,303 ) $ 1,689
Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]	Fiscal Year 2019 2018 2017 United States $ 6,661 $ (652 ) $ (3,266 ) Foreign 1,436 962 1,461 Earnings (loss) before income taxes $ 8,097 $ 310 $ (1,805 ) Fiscal Year 2019 2018 2017 United States $ 7,485 $ (7,512 ) $ (1,476 ) Foreign 114,437 8,332 13,542 Earnings before income taxes $ 121,922 $ 820 $ 12,066
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	Fiscal Year 2019 2018 2017 Statutory U.S. Federal tax rate 21.0 % 32.9 % 34.0 % State and local taxes, net of 1.6 % (41.4 %) (0.9 %) Federal benefit Foreign tax rate differentials (0.8 %) (117.6 %) 13.8 % Valuation allowance on deferred tax assets (2.8 %) - - Adjustment on tax accruals 2.9 % 56.8 % (3.9 %) ASC 740-10 change 0.4 % 104.7 % 16.9 % Foreign tax credits (3.2 %) (118.0 %) 14.2 % U.S. Tax Reform - (5,944.2 %) - Subpart F 4.0 % 281.1 % (37.2 %) Permanent differences and other (1.0 %) (104.0 %) 2.5 % 22.1 % (5,849.7 % ) 39.4 %
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	March 3, February 25, 2019 2018 Deferred tax assets: Net operating loss carryforwards $ 2,709 $ 2,869 Tax credits carryforward 135 135 Stock options 1,206 1,269 Other, net 574 184 4,624 4,457 Valuation allowance on deferred tax assets (2,755 ) (2,981 ) Total deferred tax assets, net of valuation allowance 1,869 1,476 Deferred tax liabilities: Depreciation (1,368 ) (1,974 ) Undistributed earnings (333 ) (497 ) Other (154 ) (138 ) Total deferred tax liabilities (1,855 ) (2,609 ) Net deferred tax asset (liability) $ 14 $ (1,133 )
Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]	Unrecognized Tax Benefits March 3, February 25, February 26, 2019 2018 2017 Balance, beginning of year $ 314 $ - $ 267 Tax positions - Discontinued Ops in prior period 187 - - Gross decreases - tax positions in prior period (256 ) - (267 ) Gross increases - current period tax positions 784 314 - Audit settlements (92 ) - - Balance, end of year $ 937 $ 314 $ - Unrecognized Tax Benefits March 3, February 25, February 26, 2019 2018 2017 Balance, beginning of year $ 187 $ 1,024 $ 970 Tax positions - Discontinued Ops in prior period (187 ) - - Gross decreases - tax positions in prior period - (688 ) (50 ) Gross increases - current period tax positions - 6 104 Lapse of statute of limitations - (155 ) - Balance, end of year $ - $ 187 $ 1,024
Summary of Income Tax Examinations [Table Text Block]	U.S. Federal 2017 - 2019 California 2016 - 2019 New York 2017 - 2019 France 2016 - 2019 Singapore 2015 - 2019

Note 5 - Stock-based Compensa_2

Note 5 - Stock-based Compensation (Tables)	12 Months Ended
	Mar. 03, 2019
Notes Tables
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	Fiscal Year 2019 2018 2017 Weighted average fair value per share of option grants $3.66 - $3.15 Risk-free interest rates 2.83% - 1.77% Expected stock price volatility 24.7% - 28.9% Expected dividend yields 2.32% - 2.23% Estimated option terms (in years) 5.2 - 5.3
Share-based Payment Arrangement, Option, Activity [Table Text Block]	Outstanding Options Weighted Average Exercise Price Weighted Average Remaining Contractual Term (in years) Balance, February 28, 2016 1,226,392 $ 21.19 Granted 1,250 14.07 Exercised - - Terminated or expired (157,113 ) 21.66 Balance, February 26, 2017 1,070,529 $ 21.08 Granted - - Exercised (6,900 ) 13.36 Terminated or expired (178,075 ) 22.55 Balance, February 25, 2018 885,554 $ 17.55 Granted 2,650 13.50 Exercised (244,382 ) 12.18 Terminated or expired (103,113 ) 18.75 Balance, March 3, 2019 540,709 $ 13.49 4.48 Vested and exercisable, March 3, 2019 508,359 $ 13.84 4.38 Expected to vest, March 3, 2019 508,889 $ 13.49 4.48
Schedule of Nonvested Share Activity [Table Text Block]	Shares Subject to Options Weighted Average Grant Date Fair Value Non-vested, beginning of year 196,238 $ 6.09 Granted 2,650 3.66 Vested (169,287 ) 6.02 Terminated or expired (4,001 ) 5.98 Non-vested, end of year 25,600 $ 3.50

Note 6 - Shareholders' Equity (

Note 6 - Shareholders' Equity (Tables)	12 Months Ended
	Mar. 03, 2019
Notes Tables
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	March 3, 2019 February 25, 2018 Currency translation adjustment $ - $ 1,310 Unrealized gains (losses) on investments, net of taxes of $1,157 and $(635), respectively (22 ) (1,179 ) Accumulated balance $ (22 ) $ 131

Note 7 - Earnings Per Share (Ta

Note 7 - Earnings Per Share (Tables)	12 Months Ended
	Mar. 03, 2019
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Fiscal Year (Amounts in thousands, except per share amounts) 2019 2018 2017 Net earnings (loss) - continuing operations $ 6,306 $ 18,472 $ (1,094 ) Net earnings - discontinued operations 107,239 2,123 10,377 Net earnings $ 113,545 $ 20,595 $ 9,283 Weighted average common shares outstanding for basic EPS 20,288 20,237 20,235 Net effect of dilutive options 97 30 4 Weighted average shares outstanding for diluted EPS 20,385 20,267 20,239 Basic earnings (loss) per share - continuing operations $ 0.31 $ 0.91 $ (0.05 ) Basic earnings per share - discontinued operations 5.29 0.11 0.51 Basic earnings per share $ 5.60 $ 1.02 $ 0.46 Diluted earnings (loss) per share - continuing operations $ 0.31 $ 0.91 $ (0.05 ) Diluted earnings per share - discontinued operations 5.26 0.11 0.51 Diluted earnings per share $ 5.57 $ 1.02 $ 0.46

Note 11 - Commitments (Tables)

Note 11 - Commitments (Tables)	12 Months Ended
	Mar. 03, 2019
Notes Tables
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	Fiscal Year Amount 2020 $ 834 2021 517 2022 53 2023 53 2024 - Thereafter - $ 1,457

Note 13 - Discontinued Operat_2

Note 13 - Discontinued Operations (Tables)	12 Months Ended
	Mar. 03, 2019
Notes Tables
Disposal Groups, Including Discontinued Operations [Table Text Block]	Fiscal Year Ended March 3, February 25, February 26, 2019 2018 2017 Net sales $ 57,492 $ 70,966 $ 82,771 Cost of sales 44,361 55,794 61,030 Gross profit 13,131 15,172 21,741 Selling, general and administrative expenses 8,826 9,510 9,430 Restructuring charges 636 4,876 313 Earnings from discontinued operations 3,669 786 11,998 Other income 118,253 34 68 Earnings from discontinued operations before income taxes 121,922 820 12,066 Income tax provision (benefit) 14,683 (1,303 ) 1,689 Net earnings from discontinued operations $ 107,239 $ 2,123 $ 10,377 February 25, 2018 Carrying Amount of Current Assets Included as Part of Discontinued Operations: Accounts Receivable, Net $ 12,801 Inventories 7,201 Prepaid Expenses and Other Current Assets 646 Total Current Assets Included as Part of Discontinued Operations $ 20,648 Fixed Assets, Net $ 6,727 Other Assets 2,158 Total Non-Current Assets Included as Part of Discontinued Operations $ 8,885 Carrying Amount of Current Liabilities Included as Part of Discontinued Operations: Accounts Payable $ 2,200 Accrued Liabilities 4,360 Income Taxes Payable 1,364 Total Current Liabilities Included as Part of Discontinued Operations $ 7,924 Deferred Income Taxes $ 618 Other Liabilities 229 Total Non-Current Liabilities Included as Part of Discontinued Operations $ 847
Restructuring and Related Costs [Table Text Block]	Accrual February 25, 2018 Current Period Charges Cash Payments Non-Cash Charges Accrual March 3, 2019 Total Expense Accrued to Date Total Expected Costs Facility Lease Costs $ 2,176 $ 81 $ (933 ) $ - $ 1,324 $ 2,830 $ 2,830 Severance Costs - - - - - 1,081 1,081 Equipment Removal - - - - - - 700 Other - 180 (180 ) - - 779 889 Total Restructuring Charges $ 2,176 $ 261 $ (1,113 ) $ - $ 1,324 $ 4,690 $ 5,500

Note 14 - Geographic Regions (T

Note 14 - Geographic Regions (Tables)	12 Months Ended
	Mar. 03, 2019
Notes Tables
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block]	Fiscal Year 2019 2018 2017 Sales: North America $ 47,505 $ 38,641 $ 30,079 Asia 1,070 563 729 Europe 2,541 1,026 1,029 Total sales $ 51,116 $ 40,230 $ 31,837 Long-lived assets: North America $ 19,372 $ 18,313 $ 19,546 Asia 1,546 1,680 1,871 Europe - - - Total long-lived assets $ 20,918 $ 19,993 $ 21,417

Selected Quarterly Financial _2

Selected Quarterly Financial Data (Unaudited) (Tables)	12 Months Ended
	Mar. 03, 2019
Notes Tables
Quarterly Financial Information [Table Text Block]	Quarter First Second Third Fourth Fiscal 2019: Net sales $ 10,393 $ 11,211 $ 12,853 $ 16,659 Gross profit 2,852 3,145 4,284 5,903 Net earnings from continuing operations 816 1,824 2,078 1,588 Net earnings from discontinued operations 2,352 876 1,613 102,398 Net earnings 3,168 2,700 3,691 103,986 Basic Earnings per share: Basic net earnings per share from continuing operations $ 0.04 $ 0.09 $ 0.10 $ 0.08 Basic net earnings per share from discontinued operations 0.12 0.04 0.08 5.02 Basic earnings per share 0.16 0.13 0.18 5.10 Diluted Earnings per share: Diluted net earnings per share from continuing operations $ 0.04 $ 0.09 $ 0.10 $ 0.08 Diluted net earnings per share from discontinued operations 0.12 0.04 0.08 4.99 Diluted earnings per share 0.16 0.13 0.18 5.07 Weighted average common shares outstanding: Basic 20,242 20,253 20,278 20,370 Diluted 20,296 20,382 20,352 20,501 Fiscal 2018: Net sales $ 8,726 $ 11,355 $ 10,229 $ 9,920 Gross profit 2,297 3,208 2,965 2,818 Net earnings from continuing operations 72 859 344 17,197 Net earnings (loss) from discontinued operations 1,322 (339 ) 372 768 Net earnings 1,394 520 716 17,965 Basic Earnings per share: Basic net earnings per share from continuing operations $ - $ 0.04 $ 0.02 $ 0.85 Basic net earnings (loss) per share from discontinued operations 0.07 (0.02 ) 0.02 0.04 Basic earnings per share 0.07 0.02 0.04 0.89 Diluted Earnings per share: Diluted net earnings per share from continuing operations $ - $ 0.04 $ 0.02 $ 0.85 Diluted net earnings (loss) per share from discontinued operations 0.07 (0.02 ) 0.02 0.04 Diluted earnings per share 0.07 0.02 0.04 0.89 Weighted average common shares outstanding: Basic 20,235 20,236 20,237 20,238 Diluted 20,244 20,250 20,261 20,311

Schedule II - Valuation and Q_2

Schedule II - Valuation and Qualifying Accounts (Tables)	12 Months Ended
	Mar. 03, 2019
Notes Tables
Valuation Allowances and Reserves [Table Text Block]	Column C Column A Column B Additions Column D Column E Description Balance at Beginning of Period Costs and Expenses Other Reductions Balance at End of Period DEFERRED INCOME TAX ASSET VALUATION ALLOWANCE: 53 weeks ended March 3, 2019 $ 2,981,000 $ - $ - $ (226,000 ) $ 2,755,000 52 weeks ended February 25, 2018 $ 2,982,000 $ - $ - $ (1,000 ) $ 2,981,000 52 weeks ended February 26, 2017 $ 2,982,000 $ - $ - $ - $ 2,982,000 Column D Column A Column B Column C Other Column E Description Balance at Beginning of Period Charged to Cost and Expenses Accounts Written Off (A) Translation Adjustment Balance at End of Period ALLOWANCE FOR DOUBTFUL ACCOUNTS: 53 weeks ended March 3, 2019 $ 32,000 $ - $ - $ - $ 32,000 52 weeks ended February 25, 2018 $ 32,000 $ - $ - $ - $ 32,000 52 weeks ended February 26, 2017 $ 32,000 $ - $ - $ - $ 32,000

Note 1 - Summary of Significa_3

Note 1 - Summary of Significant Accounting Policies (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Mar. 03, 2019	Feb. 25, 2018	Feb. 26, 2017	Jul. 25, 2018
Cash and Cash Equivalents, at Carrying Value, Ending Balance	$ 71,007	$ 18,254
Sales Returns and Allowance as Percentage of Sales	1.00%	1.00%	1.00%
Impairment of Long-Lived Assets Held-for-use	$ 0	$ 67	$ 0
Finite-Lived Intangible Asset, Useful Life	15 years
Goodwill, Impairment Loss	$ 0	0	0
Depreciation, Depletion and Amortization, Total	$ 1,784	1,833	$ 1,851
Machinery, Equipment, Furniture and Fixtures [Member]
Property, Plant and Equipment, Useful Life	10 years
Land, Buildings and Improvements [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life	25 years
Land, Buildings and Improvements [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life	30 years
Cash and Cash Equivalents, Foreign Financial Institutions [Member]
Cash and Cash Equivalents, at Carrying Value, Ending Balance	$ 65,144	7,513
Company’s Wholly Owned Foreign Subsidiaries [Member]
Cash and Marketable Securities	126,196	151,624
Debt Securities [Member]
Cash and Cash Equivalents, at Carrying Value, Ending Balance	$ 49,707	$ 4,983
Electronics Business [Member] | Electronics Business [Member]
Disposal Group, Including Discontinued Operation, Consideration				$ 145,000

Note 1 - Summary of Significa_4

Note 1 - Summary of Significant Accounting Policies - Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 03, 2019	Feb. 25, 2018	Feb. 26, 2017
Income taxes, net of refunds	$ 14,451	$ 2,040	$ 3,648
Interest		$ 2,127	$ 1,342

Note 2 - Marketable Securitie_2

Note 2 - Marketable Securities (Details Textual) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Mar. 03, 2019	Feb. 28, 2019	Feb. 25, 2018	Feb. 26, 2017
Loss on Sale of Investments	$ 1,498	$ 1,498	$ 1,342
Common Stock, Dividends, Per Share, Cash Paid	$ 4.25	$ 4.25	$ 3
Repayments of Long-term Debt, Total			$ 72,000	$ 3,000
HSBC Bank USA [Member]
Repayments of Long-term Debt, Total			$ 68,500

Note 2 - Marketable Securitie_3

Note 2 - Marketable Securities - Summary of Available-for-sale Securities (Details) - USD ($) $ in Thousands	Mar. 03, 2019	Feb. 25, 2018
Available-for-sale securities	$ 80,617	$ 89,977
Fair Value, Inputs, Level 1 [Member]
Available-for-sale securities	80,617	89,977
Fair Value, Inputs, Level 2 [Member]
Available-for-sale securities
Fair Value, Inputs, Level 3 [Member]
Available-for-sale securities
US Treasury and Government [Member]
Available-for-sale securities	68,718	78,361
US Treasury and Government [Member] | Fair Value, Inputs, Level 1 [Member]
Available-for-sale securities	68,718	78,361
US Treasury and Government [Member] | Fair Value, Inputs, Level 2 [Member]
Available-for-sale securities
US Treasury and Government [Member] | Fair Value, Inputs, Level 3 [Member]
Available-for-sale securities
Debt Security, Corporate, US [Member]
Available-for-sale securities	11,899	11,616
Debt Security, Corporate, US [Member] | Fair Value, Inputs, Level 1 [Member]
Available-for-sale securities	11,899	11,616
Debt Security, Corporate, US [Member] | Fair Value, Inputs, Level 2 [Member]
Available-for-sale securities
Debt Security, Corporate, US [Member] | Fair Value, Inputs, Level 3 [Member]
Available-for-sale securities

Note 2 - Marketable Securitie_4

Note 2 - Marketable Securities - Summary of Unrealized Gains and Losses on Available-for-sale Securities (Details) - USD ($) $ in Thousands	Mar. 03, 2019	Feb. 25, 2018
Amortized cost basis	$ 80,651	$ 91,791
Gross unrealized gains	51
Gross unrealized losses	85	1,814
US Treasury and Government [Member]
Amortized cost basis	68,727	80,116
Gross unrealized gains	44
Gross unrealized losses	53	1,755
Debt Security, Corporate, US [Member]
Amortized cost basis	11,924	11,675
Gross unrealized gains	7
Gross unrealized losses	$ 32	$ 59

Note 2 - Marketable Securitie_5

Note 2 - Marketable Securities - Summary of Realized Gains/Losses on Available-for-Sale Securities (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 03, 2019	Feb. 25, 2018	Feb. 26, 2017
Gross realized gains on sale
Gross realized losses on sale	$ 1,498	$ 1,342

Note 2 - Marketable Securitie_6

Note 2 - Marketable Securities - Estimated Fair Value of Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Mar. 03, 2019	Feb. 25, 2018
Due in one year or less	$ 8,453
Due after one year through five years	72,164
	$ 80,617	$ 89,977

Note 3 - Other Balance Sheet _3

Note 3 - Other Balance Sheet Data - Other Balance Sheet Data (Details) - USD ($) $ in Thousands	Mar. 03, 2019	Feb. 25, 2018
Inventories:
Raw materials	$ 4,556	$ 2,824
Work-in-process	232	159
Finished goods	479	972
	5,267	3,955
Property, plant and equipment:
Land, buildings and improvements	70,148	32,040
Less: accumulated depreciation and amortization	59,357	22,235
	10,791	9,805
Goodwill and other intangible assets:
Goodwill	9,776	9,776
Other intangibles	35	42
	9,811	9,818
Accrued liabilities:
Payroll and payroll related	823	256
Employee benefits	6	1
Workers' compensation	122	210
Professional fees	451	372
Restructuring (Notes 8 and 13)	1,324	46
Other	194	137
	2,920	1,022
Land, Buildings and Improvements [Member]
Property, plant and equipment:
Land, buildings and improvements	13,187	8,541
Machinery, Equipment, Furniture and Fixtures [Member]
Property, plant and equipment:
Land, buildings and improvements	$ 56,961	$ 23,499

Note 4 - Income Taxes (Details

Note 4 - Income Taxes (Details Textual) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 03, 2019	Mar. 03, 2019	Feb. 25, 2018	Feb. 26, 2017	Feb. 28, 2016
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent		21.00%	32.90%	34.00%
One-time Transition Tax Provision, Current Income Tax Expense on Untaxed Foreign Earnings		$ 23,139,000
One-time Transition Tax Provision, Current Income Tax Expense on Untaxed Foreign Earnings, Payment Period		8 years
One-time Transition Tax Liability after Utilizing Current Year Domestic Losses	$ 21,887,000	$ 21,887,000
One-time Transition Tax Liability after Utilizing Current Year Domestic Losses, Current	1,751,000	1,751,000
One-time Transition Tax Liability after Utilizing Current Year Domestic Losses, Noncurrent	20,136,000	20,136,000
Deferred Tax Liability Reversed		44,309,000
Income Tax Benefit, Reversal of Deferred Tax Liability		18,456,000
Income Tax Expense (Benefit), Continuing Operations, Adjustment of Deferred Tax (Asset) Liability	1,963,000
Undistributed Earnings, Basic, Total		25,000,000
Foreign Earnings Repatriated		113,600,000	$ 135,300,000	$ 6,800,000
Deferred Tax Assets, Valuation Allowance, Total	2,755,000	2,755,000	2,981,000
Unrecognized Tax Benefits, Ending Balance	937,000	937,000	314,000		$ 267,000
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued, Total	79,000	$ 79,000	41,000
Closed Tax Year		2016
Current Liabilities [Member]
Unrecognized Tax Benefits, Ending Balance	1,016,000	$ 1,016,000	543,000
Research Tax Credit Carryforward [Member]
Tax Credit Carryforward, Amount	0	0	142,000
State and Local Jurisdiction [Member]
Operating Loss Carryforwards, Total	3,161,000	3,161,000	5,909,000
State and Local Jurisdiction [Member] | Kansas Department of Revenue [Member]
Tax Credit Carryforward, Amount	0	0	225,000
State and Local Jurisdiction [Member] | Arizona Department of Revenue [Member]
Tax Credit Carryforward, Amount	135,000	135,000
State and Local Jurisdiction [Member] | New York State Division of Taxation and Finance [Member] | Nelco Technology Zhuhai FTZ Ltd [Member]
Deferred Tax Assets, Valuation Allowance, Total	2,755,000	2,755,000
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount		$ 226,000
State and Local Jurisdiction [Member] | Minimum [Member]
Operating Loss Carryforwards Expiration Year		2020
State and Local Jurisdiction [Member] | Maximum [Member]
Operating Loss Carryforwards Expiration Year		2039
Foreign Tax Authority [Member]
Operating Loss Carryforwards, Total	$ 7,862,000	$ 7,862,000	$ 7,862,000

Note 4 - Income Taxes - Provisi

Note 4 - Income Taxes - Provision for Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 03, 2019	Feb. 25, 2018	Feb. 26, 2017
Current:
Federal	$ 1,776	$ 22,968	$ 120
State and local	164	51	(34)
Foreign	258	481	929
	2,198	23,500	1,015
Deferred:
Federal	(71)	(41,624)	(694)
State and local	(362)	(21)	(397)
Foreign	26	(17)	(635)
	(407)	(41,662)	(1,726)
	$ 1,791	$ (18,162)	$ (711)

Note 4 - Income Taxes - Income

Note 4 - Income Taxes - Income Tax (Benefit) Provision for Discontinued Operations (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 03, 2019	Feb. 25, 2018	Feb. 26, 2017
Federal	$ 11,198	$ (1,400)	$ (652)
State and local	1,455	168	(6)
Foreign	1,397	327	2,154
	14,050	(905)	1,496
Federal	686	(430)	325
State and local	564	(31)	(193)
Foreign	(617)	63	61
	633	(398)	193
	$ 14,683	$ (1,303)	$ 1,689

Note 4 - Income Taxes - Compone

Note 4 - Income Taxes - Components of Earnings Before Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 03, 2019	Feb. 25, 2018	Feb. 26, 2017
United States	$ 6,661	$ (652)	$ (3,266)
Foreign	1,436	962	1,461
Earnings (loss) before income taxes	8,097	310	(1,805)
Discontinued operations, United States	7,485	(7,512)	(1,476)
Discontinued operations, foreign	114,437	8,332	13,542
Discontinued operations, earnings before income taxes	$ 121,922	$ 820	$ 12,066

Note 4 - Income Taxes - Effecti

Note 4 - Income Taxes - Effective Income Tax Reconciliation (Details)	12 Months Ended
	Mar. 03, 2019	Feb. 25, 2018	Feb. 26, 2017
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	21.00%	32.90%	34.00%
State and local taxes, net of	1.60%	(41.40%)	(0.90%)
Federal benefit Foreign tax rate differentials	(0.80%)	(117.60%)	13.80%
Valuation allowance on deferred tax assets	(2.80%)
Adjustment on tax accruals	2.90%	56.80%	(3.90%)
ASC 740-10 change	0.40%	104.70%	16.90%
Foreign tax credits	(3.20%)	(118.00%)	14.20%
U.S. Tax Reform		(5944.20%)
Subpart F	(4.00%)	(281.10%)	37.20%
Permanent differences and other	(1.00%)	(104.00%)	2.50%
	22.10%	(5849.70%)	39.40%

Note 4 - Income Taxes - Compo_2

Note 4 - Income Taxes - Components of Deferred Tax Liabilities and Assets (Details) - USD ($) $ in Thousands	Mar. 03, 2019	Feb. 25, 2018
Deferred tax assets:
Net operating loss carryforwards	$ 2,709	$ 2,869
Tax credits carryforward	135	135
Stock options	1,206	1,269
Other, net	574	184
	4,624	4,457
Valuation allowance on deferred tax assets	(2,755)	(2,981)
Total deferred tax assets, net of valuation allowance	1,869	1,476
Deferred tax liabilities:
Depreciation	(1,368)	(1,974)
Undistributed earnings	(333)	(497)
Other	(154)	(138)
Total deferred tax liabilities	(1,855)	(2,609)
Net deferred tax asset	$ 14
Net deferred tax liability		$ (1,133)

Note 4 - Income Taxes - Unrecog

Note 4 - Income Taxes - Unrecognized Tax Benefits (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 03, 2019	Feb. 25, 2018	Feb. 26, 2017
Balance, beginning of year	$ 314		$ 267
Tax positions - Discontinued Ops in prior period	187
Gross decreases - tax positions in prior period	(256)		(267)
Gross increases - current period tax positions	784	314
Audit settlements	(92)
Balance, end of year	937	314
Electronics Business [Member]
Balance, beginning of year	187	1,024	970
Gross decreases - tax positions in prior period		(688)	(50)
Gross increases - current period tax positions		6	104
Tax positions - Discontinued Ops in prior period	(187)
Lapse of statute of limitations		(155)
Balance, end of year		$ 187	$ 1,024

Note 4 - Income Taxes - Open Ta

Note 4 - Income Taxes - Open Tax Years by Major Jurisdiction (Details) - Earliest Tax Year [Member]	12 Months Ended
	Mar. 03, 2019
Domestic Tax Authority [Member] | Internal Revenue Service (IRS) [Member]
Open tax year	2017
State and Local Jurisdiction [Member] | California Franchise Tax Board [Member]
Open tax year	2016
State and Local Jurisdiction [Member] | New York State Division of Taxation and Finance [Member]
Open tax year	2017
Foreign Tax Authority [Member] | Ministry of the Economy, Finance and Industry, France [Member]
Open tax year	2016
Foreign Tax Authority [Member] | Inland Revenue, Singapore (IRAS) [Member]
Open tax year	2015

Note 5 - Stock-based Compensa_3

Note 5 - Stock-based Compensation (Details Textual) - USD ($)	Jul. 24, 2018	Mar. 03, 2019	Feb. 28, 2019	Feb. 25, 2018	Feb. 26, 2017
Common Stock, Capital Shares Reserved for Future Issuance		1,340,709
Share-based Payment Arrangement, Plan Modification, Incremental Cost		$ 528,000		$ 513,000
Common Stock, Dividends, Per Share, Cash Paid		$ 4.25	$ 4.25	$ 3
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Intrinsic Value		$ 1,157,000		$ 44,000	$ 0
Selling, General and Administrative Expenses [Member]
Share-based Payment Arrangement, Expense		1,249,000		$ 1,445,000
Share-based Payment Arrangement, Option [Member]
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total		$ 435,000
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition		1 year 18 days
2018 Stock Option Plan [Member]
Percentage of Stock Options, Exercisable One Year From Date of Grant	25.00%
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	1 year
Percentage of Stock Options Exercisable On Each Succeeding Year from Date of Grant	25.00%
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period	10 years
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized	800,000
Common Stock, Capital Shares Reserved for Future Issuance	540,709
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant		800,000

Note 5 - Stock-based Compensa_4

Note 5 - Stock-based Compensation - Fair Value Assumptions (Details) - $ / shares	12 Months Ended
	Mar. 03, 2019	Feb. 25, 2018	Feb. 26, 2017
Weighted average fair value per share of option grants (in dollars per share)	$ 3.66		$ 3.15
Risk-free interest rates	2.83%		1.77%
Expected stock price volatility	24.70%		28.90%
Expected dividend yields	2.32%		2.23%
Estimated option terms (in years) (Year)	5 years 73 days		5 years 109 days

Note 5 - Stock-based Compensa_5

Note 5 - Stock-based Compensation - Option Activity (Details) - $ / shares	12 Months Ended
	Mar. 03, 2019	Feb. 25, 2018	Feb. 26, 2017
Outstanding options (in shares)	885,554	1,070,529	1,226,392
Balance, weighted average exercise price (in dollars per share)	$ 17.55	$ 21.08	$ 21.19
Outstanding options, granted (in shares)	2,650		1,250
Granted, weighted average exercise price (in dollars per share)	$ 13.50		$ 14.07
Outstanding options, exercised (in shares)	(244,382)	(6,900)
Exercised, weighted average exercise price (in dollars per share)	$ 12.18	$ 13.36
Outstanding options, terminated or expired (in shares)	(103,113)	(178,075)	(157,113)
Terminated or expired, weighted average exercise price (in dollars per share)	$ 18.75	$ 22.55	$ 21.66
Outstanding options (in shares)	540,709	885,554	1,070,529
Balance, weighted average exercise price (in dollars per share)	$ 13.49	$ 17.55	$ 21.08
Balance, weighted average remaining contractual term (Year)	4 years 175 days
Vested and exercisable (in shares)	508,359
Vested and exercisable, weighted average exercise price (in dollars per share)	$ 13.84
Vested and exercisable, weighted average remaining contractual term (Year)	4 years 138 days
Outstanding options, expected to vest (in shares)	508,889
Expected to vest, weighted average exercise price (in dollars per share)	$ 13.49
Expected to vest, weighted average remaining contractual (Year)	4 years 175 days

Note 5 - Stock-based Compensa_6

Note 5 - Stock-based Compensation - Non-vested Options (Details) - $ / shares	12 Months Ended
	Mar. 03, 2019	Feb. 25, 2018	Feb. 26, 2017
Non-vested, beginning of year (in shares)	196,238
Non-vested, beginning of year (in dollars per share)	$ 6.09
Granted (in shares)	2,650		1,250
Granted (in dollars per share)	$ 3.66		$ 3.15
Vested (in shares)	(169,287)
Vested (in dollars per share)	$ 6.02
Terminated or expired (in shares)	(4,001)
Terminated or expired (in dollars per share)	$ 5.98
Non-vested, end of year (in shares)	25,600	196,238
Non-vested, end of year (in dollars per share)	$ 3.50	$ 6.09

Note 6 - Shareholders' Equity_2

Note 6 - Shareholders' Equity (Details Textual) - USD ($) $ in Thousands	Mar. 10, 2016	Feb. 28, 2016	May 10, 2019	Mar. 03, 2019	Jan. 08, 2015	Jan. 07, 2015
Stock Repurchase Program, Number of Shares Authorized to be Repurchased					1,250,000
Stock Repurchase Program, Percentage of Outstanding Shares Authorized to be Repurchased						6.00%
Common Stock, Shares, Outstanding, Ending Balance						20,945,634
Stock Repurchase Program, Number of Additional Shares Authorized to be Repurchased	1,000,000
Stock Repurchased During Period, Shares		599,832
Stock Repurchased and Retired During Period, Value		$ 12,187
Common Stock, Capital Shares Reserved for Future Issuance				1,340,709
Subsequent Event [Member]
Stock Repurchase Program, Percentage of Outstanding Shares Authorized to be Repurchased			7.50%
Common Stock, Shares, Outstanding, Ending Balance			20,492,153
Stock Repurchase Program, Remaining Number of Shares Authorized to be Repurchased			1,531,412

Note 6 - Shareholders' Equity -

Note 6 - Shareholders' Equity - Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands	Mar. 03, 2019	Feb. 25, 2018
Currency translation adjustment		$ 1,310
Unrealized gains (losses) on investments, net of taxes of $1,157 and $(635), respectively	(22)	(1,179)
Accumulated balance	$ (22)	$ 131

Note 7 - Earnings Per Share (De

Note 7 - Earnings Per Share (Details Textual) - shares	12 Months Ended
	Mar. 03, 2019	Feb. 25, 2018	Feb. 26, 2017
Share-based Payment Arrangement, Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	213,893	606,357	884,905

Note 7 - Earnings Per Share - B

Note 7 - Earnings Per Share - Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Mar. 03, 2019	Nov. 25, 2018	Aug. 26, 2018	May 27, 2018	Feb. 25, 2018	Nov. 26, 2017	Aug. 27, 2017	May 28, 2017	Mar. 03, 2019	Feb. 25, 2018	Feb. 26, 2017
Net earnings (loss) - continuing operations	$ 1,588	$ 2,078	$ 1,824	$ 816	$ 17,197	$ 344	$ 859	$ 72	$ 6,306	$ 18,472	$ (1,094)
Net earnings - discontinued operations	102,398	1,613	876	2,352	768	372	(339)	1,322	107,239	2,123	10,377
Net earnings	$ 103,986	$ 3,691	$ 2,700	$ 3,168	$ 17,965	$ 716	$ 520	$ 1,394	$ 113,545	$ 20,595	$ 9,283
Weighted average common shares outstanding for basic EPS (in shares)	20,370	20,278	20,253	20,242	20,238	20,237	20,236	20,235	20,288	20,237	20,235
Net effect of dilutive options (in shares)									97	30	4
Weighted average shares outstanding for diluted EPS (in shares)	20,501	20,352	20,382	20,296	20,311	20,261	20,250	20,244	20,385	20,267	20,239
Basic earnings (loss) per share - continuing operations (in dollars per share)	$ 0.08	$ 0.10	$ 0.09	$ 0.04	$ 0.85	$ 0.02	$ 0.04		$ 0.31	$ 0.91	$ (0.05)
Basic earnings per share - discontinued operations (in dollars per share)	5.02	0.08	0.04	0.12	0.04	0.02	(0.02)	0.07	5.29	0.11	0.51
Basic earnings per share (in dollars per share)	5.10	0.18	0.13	0.16	0.89	0.04	0.02	0.07	5.60	1.02	0.46
Diluted earnings (loss) per share - continuing operations (in dollars per share)	0.08	0.10	0.09	0.04	0.85	0.02	0.04		0.31	0.91	(0.05)
Diluted earnings per share - discontinued operations (in dollars per share)	4.99	0.08	0.04	0.12	0.04	0.02	(0.02)	0.07	5.26	0.11	0.51
Diluted earnings per share (in dollars per share)	$ 5.07	$ 0.18	$ 0.13	$ 0.16	$ 0.89	$ 0.04	$ 0.02	$ 0.07	$ 5.57	$ 1.02	$ 0.46

Note 8 - Restructuring Charges

Note 8 - Restructuring Charges (Details Textual) - USD ($)	12 Months Ended
	Mar. 03, 2019	Feb. 25, 2018	Feb. 26, 2017
Restructuring Charges, Total		$ 146,000
Facility Closing [Member] | Closure of Park Advanced Composite Materials, Inc. Business Unit [Member]
Restructuring Charges, Total	$ 0	$ 146,000	$ 0

Note 9 - Employee Benefit Pla_2

Note 9 - Employee Benefit Plans (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Feb. 25, 2018	Feb. 26, 2017
Deferred Profit Sharing [Member]
Deferred Compensation Arrangement with Individual, Contributions by Employer	$ 73	$ 74

Note 10 - Long-term Debt (Detai

Note 10 - Long-term Debt (Details Textual) - USD ($)	Jan. 15, 2016	Feb. 25, 2018	Mar. 03, 2019	Feb. 25, 2018	Feb. 26, 2017
Amortization of Debt Issuance Costs		$ 144,000
Interest Expense, Total			$ 0	$ 2,269,000	$ 1,432,000
HSBC Bank USA [Member] | Letter of Credit [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 2,000,000
HSBC Bank USA [Member] | Revolving Credit Facility [Member]
Debt Instrument, Term	3 years
Line of Credit Facility, Maximum Borrowing Capacity	$ 75,000,000

Note 11 - Commitments (Details

Note 11 - Commitments (Details Textual) $ in Thousands	1 Months Ended	12 Months Ended
	Dec. 31, 2018USD ($)ft²	Mar. 03, 2019USD ($)	Feb. 25, 2018USD ($)	Feb. 26, 2017USD ($)
Lessee, Operating Lease, Term of Contract		10 years
Lessee, Operating Lease, Renewal, Additional Payment		$ 163
Operating Leases, Rent Expense, Total		346	$ 432	$ 417
Purchase Obligation, Total		$ 3,973
Additional Manufacturing Facility [Member]
Area of Land | ft²	90,000
Construction in Progress Expenditures Incurred but Not yet Paid	$ 20
Minimum [Member]
Lessee, Operating Lease, Renewal Term		1 year
Maximum [Member]
Lessee, Operating Lease, Renewal Term		10 years

Note 11 - Commitments - Non-can

Note 11 - Commitments - Non-cancelable Lease Schedule (Details) $ in Thousands	Mar. 03, 2019USD ($)
2020	$ 834
2021	517
2022	53
2023	53
2024
Thereafter
	$ 1,457

Note 12 - Contingencies (Detail

Note 12 - Contingencies (Details Textual) $ in Thousands	12 Months Ended
	Mar. 03, 2019USD ($)	Feb. 25, 2018USD ($)	Feb. 26, 2017USD ($)
Number of Sites of Company or Subsidiaries That Have Been Named for Potential Environmental Remediation Liability	3
Percentage of Legal Defense and Remediation Costs Associated with Sites Reimbursed by Insurance Carriers	100.00%
Number of Units Covered Under General Liability Insurance Coverage	2
Accrual for Environmental Loss Contingencies, Ending Balance	$ 0	$ 0	$ 0
Number of Insurance Carriers	3

Note 13 - Discontinued Operat_3

Note 13 - Discontinued Operations (Details Textual) - USD ($) $ in Thousands	Dec. 04, 2018	Mar. 03, 2019	Mar. 03, 2019	Feb. 25, 2018	Feb. 26, 2017	Nov. 25, 2018
Disposal Group, Including Discontinued Operation, Assets, Total		$ 0	$ 0
Restructuring Charges, Total				$ 146
Restructuring Reserve, Ending Balance		1,324	1,324
Disposal Group, Including Discontinued Operation, Liabilities, Total		0	0
Consolidation of Nelco Products, Inc. and Neltec, Inc. [Member]
Restructuring and Related Cost, Expected Cost Remaining				810
Restructuring Charges, Total		261	262	4,429
Discontinued Operation, Gain (Loss) from Disposal of Discontinued Operation, before Income Tax, Total			2,570
Restructuring Reserve, Ending Balance		$ 1,324	1,324			$ 2,176
Consolidation of Nelco Products, Inc. and Neltec, Inc. [Member] | Facility Closing [Member]
Restructuring Charges, Total			$ 374	$ 447
Electronics Business [Member] | Discontinued Operations, Disposed of by Sale [Member]
Disposal Group, Including Discontinued Operation, Consideration	$ 145,000
Proceeds from Divestiture of Businesses	124,156
Disposal Group, Including Discontinued Operation, Transaction Costs and Taxes	7,657
Discontinued Operation, Tax Effect of Gain (Loss) from Disposal of Discontinued Operation	13,187
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax, Total	$ 102,145
Disposal Group, Including Discontinued Operation, Blended Tax Rate, Percent			12.00%	(158.90%)	14.00%
Electronics Business [Member] | Discontinued Operations, Disposed of by Sale [Member] | SINGAPORE
Disposal Group, Including Discontinued Operation, Consideration Allocation, Percent	82.00%
Electronics Business [Member] | Discontinued Operations, Disposed of by Sale [Member] | UNITED STATES
Disposal Group, Including Discontinued Operation, Consideration Allocation, Percent	16.00%
Electronics Business [Member] | Discontinued Operations, Disposed of by Sale [Member] | FRANCE
Disposal Group, Including Discontinued Operation, Consideration Allocation, Percent	2.00%

Note 13 - Discontinued Operat_4

Note 13 - Discontinued Operations - Summary for Discontinued Operations (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Mar. 03, 2019	Nov. 25, 2018	Aug. 26, 2018	May 27, 2018	Feb. 25, 2018	Nov. 26, 2017	Aug. 27, 2017	May 28, 2017	Mar. 03, 2019	Feb. 25, 2018	Feb. 26, 2017
Discontinued operations, earnings before income taxes									$ 121,922	$ 820	$ 12,066
Income tax provision (benefit)									14,683	(1,303)	1,689
Net earnings from discontinued operations	$ 102,398	$ 1,613	$ 876	$ 2,352	$ 768	$ 372	$ (339)	$ 1,322	107,239	2,123	10,377
Total Current Assets Included as Part of Discontinued Operations					20,648					20,648
Total Non-Current Assets Included as Part of Discontinued Operations	0								0
Total Current Liabilities Included as Part of Discontinued Operations					7,924					7,924
Total Non-Current Liabilities Included as Part of Discontinued Operations	$ 0								0
Electronics Business [Member] | Discontinued Operations, Held-for-sale [Member]
Net sales									57,492	70,966	82,771
Cost of sales									44,361	55,794	61,030
Gross profit									13,131	15,172	21,741
Selling, general and administrative expenses									8,826	9,510	9,430
Restructuring charges									636	4,876	313
Earnings from discontinued operations									3,669	786	11,998
Other income									118,253	34	68
Discontinued operations, earnings before income taxes									121,922	820	12,066
Income tax provision (benefit)									14,683	(1,303)	1,689
Net earnings from discontinued operations									$ 107,239	2,123	$ 10,377
Accounts Receivable, Net					12,801					12,801
Inventories					7,201					7,201
Prepaid Expenses and Other Current Assets					646					646
Total Current Assets Included as Part of Discontinued Operations					20,648					20,648
Fixed Assets, Net					6,727					6,727
Other Assets					2,158					2,158
Total Non-Current Assets Included as Part of Discontinued Operations					8,885					8,885
Accounts Payable					2,200					2,200
Accrued Liabilities					4,360					4,360
Income Taxes Payable					1,364					1,364
Total Current Liabilities Included as Part of Discontinued Operations					7,924					7,924
Deferred Income Taxes					618					618
Other Liabilities					229					229
Total Non-Current Liabilities Included as Part of Discontinued Operations					$ 847					$ 847

Note 13 - Discontinued Operat_5

Note 13 - Discontinued Operations - Restructuring Charges (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 03, 2019	Mar. 03, 2019	Feb. 25, 2018	Feb. 26, 2017
Current Period Charges			$ 146
Accrued, Ending Balance	$ 1,324	1,324
Consolidation of Nelco Products, Inc. and Neltec, Inc. [Member]
Accrued, Beginning Balance	2,176
Current Period Charges	261	262	$ 4,429
Cash Payments	(1,113)
Non-Cash Charges
Accrued, Ending Balance	1,324	1,324
Total Costs Accrued to Date	4,690	4,690
Total Expected Costs	5,500	5,500
Consolidation of Nelco Products, Inc. and Neltec, Inc. [Member] | Facility Lease Costs [Member]
Accrued, Beginning Balance	2,176
Current Period Charges	81
Cash Payments	(933)
Non-Cash Charges
Accrued, Ending Balance	1,324	1,324
Total Costs Accrued to Date	2,830	2,830
Total Expected Costs	2,830	2,830
Consolidation of Nelco Products, Inc. and Neltec, Inc. [Member] | Employee Severance [Member]
Accrued, Beginning Balance
Current Period Charges
Cash Payments
Non-Cash Charges
Accrued, Ending Balance
Total Costs Accrued to Date	1,081	1,081
Total Expected Costs	1,081	1,081
Consolidation of Nelco Products, Inc. and Neltec, Inc. [Member] | Equipment Removal [Member]
Accrued, Beginning Balance
Current Period Charges
Cash Payments
Non-Cash Charges
Accrued, Ending Balance
Total Costs Accrued to Date
Total Expected Costs	700	700
Consolidation of Nelco Products, Inc. and Neltec, Inc. [Member] | Other Restructuring [Member]
Accrued, Beginning Balance
Current Period Charges	180
Cash Payments	(180)
Non-Cash Charges
Accrued, Ending Balance
Total Costs Accrued to Date	779	779
Total Expected Costs	$ 889	$ 889

Note 14 - Geographic Regions -

Note 14 - Geographic Regions - Financial Information by Geographic Region (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 03, 2019	Feb. 25, 2018	Feb. 26, 2017
Net sales	$ 51,116	$ 40,230	$ 31,837
Long-lived assets	20,918	19,993	21,417
North America [Member]
Net sales	47,505	38,641	30,079
Long-lived assets	19,372	18,313	19,546
Asia [Member]
Net sales	1,070	563	729
Long-lived assets	1,546	1,680	1,871
Europe [Member]
Net sales	2,541	1,026	1,029
Long-lived assets

Note 15 - Customer and Suppli_2

Note 15 - Customer and Supplier Concentrations (Details Textual) - Customer Concentration Risk [Member] - Revenue Benchmark [Member]	12 Months Ended
	Mar. 03, 2019	Feb. 25, 2018	Feb. 26, 2017
General Electric [Member]
Concentration Risk, Percentage	42.80%	30.50%	14.70%
Aerospace [Member]
Concentration Risk, Percentage		10.60%

Note 16 - Accounting Pronounc_2

Note 16 - Accounting Pronouncements (Details Textual) - USD ($) $ in Thousands	Mar. 04, 2019	Mar. 03, 2019	Feb. 25, 2018
Assets, Total		$ 188,851	$ 170,146
Liabilities, Total		$ 29,840	$ 34,885
Accounting Standards Update 2016-02 [Member] | Subsequent Event [Member]
Assets, Total	$ 350
Liabilities, Total	$ 350

Selected Quarterly Financial _3

Selected Quarterly Financial Data (Unaudited) - Quarterly Data (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Mar. 03, 2019	Nov. 25, 2018	Aug. 26, 2018	May 27, 2018	Feb. 25, 2018	Nov. 26, 2017	Aug. 27, 2017	May 28, 2017	Mar. 03, 2019	Feb. 25, 2018	Feb. 26, 2017
Net sales	$ 16,659	$ 12,853	$ 11,211	$ 10,393	$ 9,920	$ 10,229	$ 11,355	$ 8,726
Gross profit	5,903	4,284	3,145	2,852	2,818	2,965	3,208	2,297	$ 16,184	$ 11,288	$ 8,299
Net earnings from continuing operations	1,588	2,078	1,824	816	17,197	344	859	72	6,306	18,472	(1,094)
Net earnings from discontinued operations	102,398	1,613	876	2,352	768	372	(339)	1,322	107,239	2,123	10,377
Net earnings (loss)	$ 103,986	$ 3,691	$ 2,700	$ 3,168	$ 17,965	$ 716	$ 520	$ 1,394	$ 113,545	$ 20,595	$ 9,283
Continuing Operations (in dollars per share)	$ 0.08	$ 0.10	$ 0.09	$ 0.04	$ 0.85	$ 0.02	$ 0.04		$ 0.31	$ 0.91	$ (0.05)
Discontinued Operations (in dollars per share)	5.02	0.08	0.04	0.12	0.04	0.02	(0.02)	0.07	5.29	0.11	0.51
Basic earnings per share (in dollars per share)	5.10	0.18	0.13	0.16	0.89	0.04	0.02	0.07	5.60	1.02	0.46
Continuing Operations (in dollars per share)	0.08	0.10	0.09	0.04	0.85	0.02	0.04		0.31	0.91	(0.05)
Discontinued Operations (in dollars per share)	4.99	0.08	0.04	0.12	0.04	0.02	(0.02)	0.07	5.26	0.11	0.51
Diluted earnings per share (in dollars per share)	$ 5.07	$ 0.18	$ 0.13	$ 0.16	$ 0.89	$ 0.04	$ 0.02	$ 0.07	$ 5.57	$ 1.02	$ 0.46
Basic (in shares)	20,370	20,278	20,253	20,242	20,238	20,237	20,236	20,235	20,288	20,237	20,235
Diluted weighted average shares (in shares)	20,501	20,352	20,382	20,296	20,311	20,261	20,250	20,244	20,385	20,267	20,239

Schedule II - Valuation and Q_3

Schedule II - Valuation and Qualifying Accounts - Valuation and Qualifying Accounts (Details) - USD ($)		12 Months Ended
		Mar. 03, 2019	Feb. 25, 2018	Feb. 26, 2017
SEC Schedule, 12-09, Valuation Allowance, Deferred Tax Asset [Member]
Balance		$ 2,981,000	$ 2,982,000	$ 2,982,000
Costs and expenses
Other
Reductions		(226,000)	(1,000)
Balance		2,755,000	2,981,000	2,982,000
SEC Schedule, 12-09, Allowance, Credit Loss [Member]
Balance		32,000	32,000	32,000
Costs and expenses
Balance		32,000	32,000	32,000
Accounts written off	[1]
Translation adjustment
[1]	Uncollectible amounts, net of recoveries