Unaudited Consolidated Statements of Operations - USD ($)
$ in Thousands |
3 Months Ended |
May 31, 2016 |
May 31, 2015 |
| Income Statement [Abstract] |
|
|
| Net sales |
$ 90,410
|
$ 96,769
|
| Cost of goods sold |
63,716
|
66,805
|
| Gross profit margin |
26,694
|
29,964
|
| Selling, general and administrative |
16,071
|
16,053
|
| (Gain) loss from disposal of assets |
6
|
(2)
|
| Income from operations |
10,617
|
13,913
|
| Other income (expense) |
|
|
| Interest expense |
(2)
|
(3)
|
| Other, net |
(7)
|
|
| Total other expense |
(9)
|
(3)
|
| Earnings from continuing operations before income taxes |
10,608
|
13,910
|
| Provision for income taxes |
3,925
|
5,147
|
| Earnings from continuing operations |
6,683
|
8,763
|
| Income from discontinued operations, net of tax |
2,481
|
408
|
| Loss on sale of discontinued operations, net of tax |
(26,042)
|
|
| Earnings (loss) from discontinued operations, net of tax |
(23,561)
|
408
|
| Net earnings (loss) |
$ (16,878)
|
$ 9,171
|
| Weighted average common shares outstanding |
|
|
| Basic |
25,783,770
|
25,586,596
|
| Diluted |
25,810,735
|
25,599,055
|
| Earnings (loss) per share - basic |
|
|
| Continuing operations |
$ 0.26
|
$ 0.34
|
| Discontinued operations |
(0.91)
|
0.02
|
| Net earnings (loss) |
(0.65)
|
0.36
|
| Earnings (loss) per share - diluted |
|
|
| Continuing operations |
0.26
|
0.34
|
| Discontinued operations |
(0.91)
|
0.02
|
| Net earnings (loss) |
(0.65)
|
0.36
|
| Cash dividends per share |
$ 0.175
|
$ 0.175
|