Acquisitions (Tables)

9 Months Ended

Nov. 30, 2015

Summary of Preliminary Purchase Price Allocations

The following is a summary of the purchase price allocations for Kay Toledo (in thousands):


Accounts receivable	$	1,872
Inventories		2,168
Property, plant & equipment		9,218
Customer lists		2,813
Trade names		1,690
Goodwill		4,249
Accounts payable and accrued liabilities		(1,120	)
Deferred taxes		(4,652	)

	$	16,238

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


Accounts receivable	$	2,477
Inventories		1,305
Other assets		653
Property, plant & equipment		3,300
Customer lists		1,550
Trade names		1,403
Goodwill		993
Accounts payable and accrued liabilities		(1,048	)

	$	10,633

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, 2014, 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 November 30, 2014			Nine months ended November 30, 2014
Pro forma net sales	$	153,155		$	465,891
Pro forma net earnings (loss)		(70,996	)		(52,450	)
Pro forma earnings (loss) per share - diluted		(2.76	)		(2.02	)