Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Feb. 28, 2015

Equity [Abstract]

Accumulated Other Comprehensive Income (Loss)

NOTE 5 – ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The components of accumulated other comprehensive income (loss) and activity for 2015 and 2014 are as follows:

	Foreign Currency Translation Adjustments			Pensions and Postretirement Benefits			Unrealized Investment Gain			Total
Balance at February 28, 2013	$	12,594		$	(29,731	)	$	4		$	(17,133	)
Other comprehensive income (loss) before reclassifications		11,561			3,413			(4	)		14,970
Amounts reclassified from accumulated other comprehensive income (loss)		984			1,931			—			2,915
Other comprehensive income (loss), net of tax		12,545			5,344			(4	)		17,885
Balance at February 28, 2014		25,139			(24,387	)		—			752
Other comprehensive income (loss) before reclassifications		(23,303	)		(2,348	)		—			(25,651	)
Amounts reclassified from accumulated other comprehensive income (loss)		—			496			—			496
Other comprehensive income (loss), net of tax		(23,303	)		(1,852	)		—			(25,155	)
Balance at February 28, 2015	$	1,836		$	(26,239	)	$	—		$	(24,403	)

The reclassifications out of accumulated other comprehensive income (loss) are as follows:

	2015			2014
Pensions and Postretirement Benefits:
Amortization of pensions and other postretirement benefits items:
Actuarial losses, net	$	(1,392	)	$	(2,442	)	(1)
Prior service credit, net		724			1,113		(1)
Transition obligation		(5	)		(6	)	(1)
Recognition of prior service cost upon curtailment		—			(1,746	)	(1)
		(673	)		(3,081	)
Tax benefit		177			1,150		(2)
Total, net of tax		(496	)		(1,931	)
Foreign Currency Translation Adjustments:
Loss upon dissolution of business		—			(984	)	(3)
Total reclassifications	$	(496	)	$	(2,915	)

Classification on Consolidated Statement of Income:

(1) Administrative and general expenses

(2) Income tax expense

(3) Other non-operating expense (income) - net