XML 40 R29.htm IDEA: XBRL DOCUMENT v3.20.4
Acquisitions (Tables)
9 Months Ended
Nov. 30, 2020
Business Acquisition [Line Items]  
Summary of Operating Information on a Pro Forma Basis The following table sets forth certain operating information on a pro forma basis as though all Integrated and Flesh operations had been acquired as of March 1, 2019, after the estimated impact of adjustments such as amortization of intangible assets, depreciation expense and interest expense and related tax effects (in thousands, except per share amounts).

 

 

Three months ended

 

 

Nine months ended

 

 

 

November 30, 2019

 

 

November 30, 2019

 

Pro forma net sales

 

$

114,860

 

 

$

343,138

 

Pro forma net earnings

 

 

10,553

 

 

 

28,805

 

Pro forma earnings per share - diluted

 

 

0.41

 

 

 

1.11

 

 

The Flesh Company (Flesh) [Member]  
Business Acquisition [Line Items]  
Summary of Purchase Price Allocation

The following is a summary of the purchase price allocation for Flesh (in thousands):

 

Accounts receivable

 

$

2,480

 

Inventories

 

 

1,343

 

Other assets

 

 

191

 

Right-of-use asset

 

 

715

 

Property, plant & equipment

 

 

7,065

 

Customer lists

 

 

337

 

Trademarks

 

 

880

 

Non-compete

 

 

20

 

Accounts payable and accrued liabilities

 

 

(2,251

)

Operating lease liability

 

 

(700

)

Deferred income taxes

 

 

(206

)

 

 

$

9,874

 

Integrated Print & Graphics (Integrated) [Member]  
Business Acquisition [Line Items]  
Summary of Purchase Price Allocation

The following is a summary of the purchase price allocation for Integrated (in thousands):

 

Accounts receivable

 

$

1,971

 

Inventories

 

 

1,322

 

Other assets

 

 

72

 

Property, plant & equipment

 

 

3,828

 

Right-of-use asset

 

 

2,041

 

Customer lists

 

 

896

 

Trademarks

 

 

896

 

Non-compete

 

 

25

 

Goodwill

 

 

893

 

Accounts payable and accrued liabilities

 

 

(1,044

)

Operating lease liability

 

 

(2,041

)

 

 

$

8,859