Pension Plan (Tables)

6 Months Ended

Aug. 31, 2023

Retirement Benefits [Abstract]

Summary of Pension Expense Composed of Components Included in Cost of Goods Sold and Selling, General and Administrative Expenses

Pension expense is composed of the following components included in cost of goods sold and selling, general, and administrative expenses in the Company’s consolidated statements of earnings (in thousands):

	Three months ended						Six months ended
	August 31,						August 31,
	2023			2022			2023			2022
Components of net periodic benefit cost
Service cost	$	154		$	236		$	336		$	472
Interest cost		622			491			1,227			983
Expected return on plan assets		(760	)		(925	)		(1,552	)		(1,850	)
Amortization of:
Unrecognized net loss		481			603			948			1,205
Net periodic benefit cost	$	497		$	405		$	959		$	810