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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Feb. 28, 2013
Feb. 29, 2012
Feb. 28, 2011
Cash flows from operating activities:      
Net earnings $ 24,715 $ 31,358 $ 44,631
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation 9,957 9,521 8,066
Amortization of deferred finance charges 149 432 432
Amortization of trade names, customer lists, and patent 3,278 2,431 2,399
Loss (gain) from disposal of assets 2 (137) (1)
Bad debt expense 743 144 1,952
Stock based compensation 1,459 1,025 982
Excess tax benefit of stock based compensation (66) (63) 49
Deferred income taxes 238 (2,022) 4,365
Changes in operating assets and liabilities, net of the effects of acquisitions:      
Accounts receivable (1,400) 7,951 (1,643)
Prepaid expenses 347 (6,134) 1,718
Inventories 18,293 (21,809) (23,753)
Other current assets (327) 564 (717)
Other assets (49) (68) 90
Accounts payable and accrued expenses (7,251) 135 (3,945)
Other liabilities (311) (197) 652
Liability for pension benefits 180 1,442 (2,511)
Net cash provided by operating activities 49,957 24,573 32,766
Cash flows from investing activities:      
Capital expenditures (2,560) (5,087) (33,753)
Purchase price of businesses, net of cash acquired   (45,956) (2,237)
Adjustment to purchase price of businesses acquired 3,737    
Proceeds from disposal of plant and property 18 233 5
Net cash provided by (used in) investing activities 1,195 (50,810) (35,985)
Cash flows from financing activities:      
Borrowings on debt 5,000 40,000 10,000
Repayment of debt (37,500)    
Deferred financing charges   (455)  
Dividends (22,864) (16,132) (16,057)
Purchase of treasury stock (2) (2) (2)
Proceeds from exercise of stock options 85 217 103
Excess tax benefit of stock based compensation 66 63 (49)
Net cash provided by (used in) financing activities (55,215) 23,691 (6,005)
Effect of exchange rate changes on cash (115) 651 466
Net change in cash (4,178) (1,895) (8,758)
Cash at beginning of period 10,410 12,305 21,063
Cash at end of period $ 6,232 $ 10,410 $ 12,305