Unaudited Quarterly Results

12 Months Ended

Feb. 28, 2020

Unaudited Quarterly Results [Abstract]

Unaudited Quarterly Results

UNAUDITED QUARTERLY RESULTS

Unaudited Quarterly Results	First   Quarter		Second   Quarter		Third   Quarter		Fourth   Quarter		Total
2020
Revenue	$	824.3	$	998.0	$	955.2	$	946.2	$	3,723.7
Gross profit	258.4		333.5		316.1		307.2		1,215.2
Operating income	27.6		85.3		75.1		69.0		257.0
Net income	17.8		60.5		54.9		66.5		199.7
Basic earnings per share	0.15		0.50		0.46		0.56		1.67
Diluted earnings per share	0.15		0.50		0.46		0.55		1.66
2019
Revenue	$	754.0	$	875.8	$	901.0	$	912.4	$	3,443.2
Gross profit	237.9		288.6		278.3		283.1		1,087.9
Operating income	23.3		67.9		45.4		47.0		183.6
Net income	17.0		49.1		37.3		22.6		126.0
Basic earnings per share	0.14		0.41		0.31		0.19		1.06
Diluted earnings per share	0.14		0.41		0.31		0.19		1.05

Revenue comparisons have been impacted by currency translation effects, acquisitions and divestitures. See Note 20 and Note 21 for additional information. Q4 2020 operating income and net income included a gain on the sale of PolyVision. See Note 21 for additional information. Q4 2019 net income included charges related to the early retirement of debt. Q3 2019 operating income and net income included significant charges related to a multi-employer pension plan. See Note 15 for additional information.