Acquisitions (Tables)
 9 Months Ended
Nov. 30, 2021
Business Acquisition [Line Items]  
Summary of Operating Information on a Pro Forma Basis The following table sets forth certain operating information on a pro forma basis as though all Infoseal and AmeriPrint operations had been acquired as of March 1, 2020, after the estimated impact of adjustments such as amortization of intangible assets, depreciation expense and interest expense and related tax effects (in thousands, except per share amounts).

 

 

 

Three months ended

 

 

Nine months ended

 

 

 

Nov 30, 2021

 

 

Nov 30, 2020

 

 

Nov 30, 2021

 

 

Nov 30, 2020

 

Pro forma net sales

 

$

102,968

 

 

$

98,871

 

 

$

302,017

 

 

$

287,336

 

Pro forma net earnings

 

 

7,563

 

 

 

8,584

 

 

 

22,290

 

 

 

19,633

 

Pro forma earnings per share - diluted

 

$

0.29

 

 

$

0.33

 

 

$

0.85

 

 

$

0.76

 

 
Infoseal LLC [Member]  
Business Acquisition [Line Items]  
Summary of Purchase Price Allocation

The following is a summary of the purchase price allocation for Infoseal (in thousands):

 

Accounts receivable

 

$

1,966

 

Inventories

 

 

1,758

 

Right-of-use asset

 

 

3,865

 

Property, plant & equipment

 

 

7,000

 

Goodwill and intangibles

 

 

9,889

 

Accounts payable and accrued liabilities

 

 

(1,411

)

Operating lease liability

 

 

(3,865

)

 

 

$

19,202

 
AmeriPrint Corporation [Member]  
Business Acquisition [Line Items]  
Summary of Purchase Price Allocation

The following is a summary of the purchase price allocation for AmeriPrint (in thousands):

 

Accounts receivable

 

$

417

 

Inventories

 

 

732

 

Property, plant & equipment

 

 

2,000

 

Goodwill and intangibles

 

 

1,607

 

Accounts payable and accrued liabilities

 

 

(834

)

 

 

$

3,922