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Pension Plan (Tables)
6 Months Ended
Aug. 31, 2016
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
August 31,
     Six months ended
August 31,
 
     2016      2015      2016      2015  

Components of net periodic benefit cost

           

Service cost

   $ 292       $ 326       $ 583       $ 651   

Interest cost

     593         592         1,186         1,184   

Expected return on plan assets

     (916      (982      (1,832      (1,964

Amortization of:

           

Prior service cost

     —           (22      —           (43

Unrecognized net loss

     670         637         1,341         1,275   
  

 

 

    

 

 

    

 

 

    

 

 

 

Net periodic benefit cost

   $ 639       $ 551       $ 1,278       $ 1,103