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Quarterly Consolidated Financial Information (Unaudited) (Tables)
12 Months Ended
Feb. 28, 2015
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Unaudited Quarterly Financial Data of Company

The following table represents the unaudited quarterly financial data of the Company for fiscal years ended 2015 and 2014 (in thousands, except per share amounts and quarter over quarter comparison):

 

For the Three Months Ended

   May 31      August 31      November 30      February 28  

Fiscal year ended 2015:

           

Net sales

   $ 141,186       $ 151,841       $ 146,971       $ 140,242   

Gross profit margin

     35,388         38,188         36,516         35,384   

Net earnings (loss)

     8,032         10,016         (71,179      8,598   

Dividends paid

     4,567         4,574         4,548         4,502   

Per share of common stock:

           

Basic net earnings (loss)

   $ 0.31       $ 0.39       $ (2.76    $ 0.34   

Diluted net earnings (loss)

   $ 0.31       $ 0.39       $ (2.76    $ 0.34   

Dividends

   $ 0.175       $ 0.175       $ 0.175       $ 0.175   

 

For the Three Months Ended

   May 31      August 31      November 30      February 28  

Fiscal year ended 2014:

           

Net sales

   $ 138,466       $ 135,288       $ 136,550       $ 132,138   

Gross profit margin

     35,795         36,659         37,759         33,580   

Net earnings (loss)

     8,506         9,801         9,349         (14,467

Dividends paid

     —           4,587         4,588         4,590   

Per share of common stock:

           

Basic net earnings (loss)

   $ 0.33       $ 0.38       $ 0.36       $ (0.55

Diluted net earnings (loss)

   $ 0.33       $ 0.38       $ 0.36       $ (0.55

Dividends

   $ —         $ 0.175       $ 0.175       $ 0.175   

 

 

(1) During the first quarter of fiscal year 2014, no dividend payment was made because of the Board’s decision to accelerate the normal first quarter payment for fiscal year 2014 into fiscal year 2013.