Acquisitions (Tables)

9 Months Ended

Nov. 30, 2013

The following is a summary of the preliminary purchase price allocations for WISCO and NIC (in thousands):


Accounts receivable	$	3,331
Inventories		2,391
Other assets		375
Property, plant & equipment		4,901
Customer lists		16,800
Trade names		3,600
Goodwill		19,219
Accounts payable and accrued liabilities		(3,367	)

	$	47,250

The following is a summary of the preliminary purchase price allocations for Folder Express (in thousands):


Accounts receivable	$	1,171
Inventories		2,102
Other assets		195
Property, plant & equipment		1,617
Customer lists		3,850
Trade name		1,520
Goodwill		4,645
Accounts payable and accrued liabilities		(493	)

	$	14,607

Summary of Operating Information on a Pro Forma Basis

The following table represents certain operating information on a pro forma basis as though all operations had been acquired as of March 1, 2012, after the estimated impact of adjustments such as amortization of intangible assets, interest expense, interest income, and related tax effects (in thousands, except per share amounts):


	Three months ended				Nine months ended
	November 30,				November 30,
	2013		2012		2013		2012
Pro forma net sales	$	141,758	$	144,260	$	446,762	$	455,659
Pro forma net earnings		9,747		8,087		30,439		23,393
Pro forma earnings per share - diluted		0.37		0.31		1.16		0.90