ACQUISITIONS (Tables)

12 Months Ended

Feb. 28, 2014

Clinton Cards [Member]

Charges Incurred for Acquisition

In 2013, charges associated with the aforementioned acquisition totaled $35,730 and are reflected on the Consolidated Statement of Income as follows:

	Contract asset impairment		Bad debt expense		Legal and advisory fees		Impairment of debt purchased		Total
Net sales	$	3,981	$	—	$	—	$	—	$	3,981
Administrative and general expenses		—		16,514		7,129		—		23,643
Other operating (income) expense – net		—		—		—		8,106		8,106
	$	3,981	$	16,514	$	7,129	$	8,106	$	35,730

Charges Reflected in Reportable Segments

These charges are reflected in the Corporation’s reportable segments as follows:

	Contract asset impairment		Bad debt expense		Legal and advisory fees		Impairment of debt purchased		Total
International Social Expression Products	$	3,981	$	16,514	$	—	$	—	$	20,495
Unallocated		—		—		7,129		8,106		15,235
	$	3,981	$	16,514	$	7,129	$	8,106	$	35,730

Purchase Price Allocation

The following represents the final purchase price allocation:

Purchase price (in millions):
Credit bid	$	37.2
Effective settlement of pre-existing relationships with the legacy Clinton Cards business		6.4
Cash acquired		(0.6	)
	$	43.0
Allocation (in millions):
Inventory	$	5.5
Property, plant and equipment		18.4
Indefinite-lived intangible assets		22.5
Current liabilities assumed		(3.4	)
	$	43.0

Watermark [Member]

Purchase Price Allocation

The following represents the final purchase price allocation:

Purchase price (in millions):
Cash paid	$	17.1
Cash acquired		(11.2	)
	$	5.9
Allocation (in millions):
Current assets	$	11.4
Property, plant and equipment		0.4
Intangible assets		1.5
Goodwill		1.0
Liabilities assumed		(8.4	)
	$	5.9