XML 39 R32.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Acquisitions (Tables)
3 Months Ended
May 31, 2024
Business Acquisition [Line Items]  
Summary of Operating Information on a Pro Forma Basis The following pro forma information includes 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

 

 

 

 

May 31, 2024

 

 

May 31, 2023

 

 

Pro forma net sales

 

$

103,108

 

 

$

118,975

 

 

Pro forma net earnings

 

 

10,687

 

 

 

12,756

 

 

Pro forma earnings per share - diluted

 

$

0.41

 

 

$

0.49

 

 

Eagle Graphics and Diamond Graphics [Member]  
Business Acquisition [Line Items]  
Summary of Purchase Price Allocation

The following table summarizes the Company's purchase price allocation for Eagle and Diamond as of the acquisition date (in thousands):

 

Accounts receivable

 

$838

Inventories

 

917

Property, plant and equipment

 

5,304

Goodwill and intangibles

 

971

Accounts payable and accrued liabilities

 

(159)

Acquisition price

 

$7,871

UMC Print [Member]  
Business Acquisition [Line Items]  
Summary of Purchase Price Allocation

The following table summarizes the Company's purchase price allocation for UMC as of the acquisition date (in thousands):

 

Cash

 

$758

Accounts receivable

 

1,839

Inventories

 

553

Property, plant and equipment

 

2,137

Goodwill and intangibles

 

2,971

Accounts payable and accrued liabilities

 

(789)

Acquisition price

 

$7,469

Acquisition of Stylecraft Printing [Member]  
Business Acquisition [Line Items]  
Summary of Purchase Price Allocation

The following table summarizes the Company's purchase price allocation for Stylecraft as of the acquisition date (in thousands):

 

Accounts receivable

 

$554

Inventories

 

849

Right-of-use asset

 

28

Property, plant and equipment

 

3,160

Goodwill and intangibles

 

476

Operating lease liability

 

(28)

Accounts payable and accrued liabilities

 

(12)

Acquisition price

 

$5,027