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Pension Plan (Tables)
9 Months Ended
Nov. 30, 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
November 30,
    Nine months ended
November 30,
 
     2016     2015     2016     2015  

Components of net periodic benefit cost

        

Service cost

   $ 292      $ 325      $ 875      $ 976   

Interest cost

     593        592        1,779        1,776   

Expected return on plan assets

     (917     (982     (2,749     (2,946

Amortization of:

        

Prior service cost

     —          (21     —          (64

Unrecognized net loss

     671        638        2,012        1,913   
  

 

 

   

 

 

   

 

 

   

 

 

 

Net periodic benefit cost

   $ 639      $ 552      $ 1,917      $ 1,655