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Pension Plan (Tables)
9 Months Ended
Nov. 30, 2017
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,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Components of net periodic benefit cost

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

271

 

 

$

292

 

 

$

812

 

 

$

875

 

Interest cost

 

 

567

 

 

 

593

 

 

 

1,702

 

 

 

1,779

 

Expected return on plan assets

 

 

(948

)

 

 

(917

)

 

 

(2,845

)

 

 

(2,749

)

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unrecognized net loss

 

 

510

 

 

 

671

 

 

 

1,531

 

 

 

2,012

 

Net periodic benefit cost

 

$

400

 

 

$

639

 

 

$

1,200

 

 

$

1,917