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Pension Plan (Tables)
9 Months Ended
Nov. 30, 2014
Compensation and Retirement Disclosure [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     Nine months ended  
     November 30,     November 30,  
     2014     2013     2014     2013  

Components of net periodic benefit cost

        

Service cost

   $ 281      $ 315      $ 842      $ 946   

Interest cost

     611        601        1,835        1,802   

Expected return on plan assets

     (964     (872     (2,892     (2,617

Amortization of:

        

Prior service cost

     (36     (37     (108     (109

Unrecognized net loss

     381        514        1,143        1,539   
  

 

 

   

 

 

   

 

 

   

 

 

 

Net periodic benefit cost

   $ 273      $ 521      $ 820      $ 1,561