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Quarterly Consolidated Financial Information (Unaudited)
12 Months Ended
Feb. 29, 2020
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Consolidated Financial Information (Unaudited)

(18) Quarterly Consolidated Financial Information (Unaudited)

The following table represents the unaudited quarterly financial data of the Company for fiscal years ended 2020 and 2019 (in thousands, except per share amounts and quarter over quarter comparison):

 

For the three months ended

 

May 31

 

 

August 31

 

 

November 30

 

 

February 29

 

Fiscal year ended 2020:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

108,033

 

 

$

108,816

 

 

$

114,860

 

 

$

106,703

 

Gross profit margin

 

 

32,696

 

 

 

32,458

 

 

 

33,836

 

 

 

29,934

 

Net earnings

 

 

9,632

 

 

 

9,533

 

 

 

10,553

 

 

 

8,574

 

Dividends paid

 

 

5,875

 

 

 

5,876

 

 

 

5,871

 

 

 

5,864

 

Per share of common stock:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic net earnings

 

$

0.37

 

 

$

0.37

 

 

$

0.41

 

 

$

0.33

 

Diluted net earnings

 

$

0.37

 

 

$

0.37

 

 

$

0.41

 

 

$

0.33

 

Dividends

 

$

0.225

 

 

$

0.225

 

 

$

0.225

 

 

$

0.225

 

Fiscal year ended 2019:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

93,419

 

 

$

98,591

 

 

$

108,070

 

 

$

100,702

 

Gross profit margin

 

 

30,191

 

 

 

30,323

 

 

 

33,755

 

 

 

29,091

 

Net earnings

 

 

9,247

 

 

 

9,567

 

 

 

10,419

 

 

 

8,204

 

Dividends paid

 

 

5,083

 

 

 

5,728

 

 

 

5,922

 

 

 

5,878

 

Per share of common stock:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic net earnings

 

$

0.37

 

 

$

0.37

 

 

$

0.40

 

 

$

0.32

 

Diluted net earnings

 

$

0.36

 

 

$

0.37

 

 

$

0.40

 

 

$

0.32

 

Dividends

 

$

0.200

 

 

$

0.225

 

 

$

0.225

 

 

$

0.225