Acquisitions Acquisition (Tables)

12 Months Ended

Feb. 29, 2020

Business Combinations [Abstract]

Schedule of Recognized Identified Assets Acquired

(In thousands)
Net working capital	$	1,422
Property, plant and equipment	44,641
Goodwill	90,429
Other intangible assets	71,500
Less: Long-term liabilities acquired, net	17,643
Net assets acquired	$	190,349

Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination

Other intangible assets reflect the following:

(In thousands)	Estimated fair value		Estimated useful life (in years)
Customer relationships	$	34,800	16
Tradename	32,400		Indefinite
Backlog	4,300		1.5
	$	71,500

Business Acquisition, Pro Forma Information

The following table provides certain unaudited pro forma consolidated information for the combined company for the fourth quarter and fiscal year 2018, as if the EFCO acquisition had been consummated pursuant to its same terms at the beginning of the fiscal year preceding the acquisition date.

	Three Months Ended		Twelve Months Ended
(In thousands, except per share data)	March 3, 2018		March 3, 2018
Net sales	$	353,453	$	1,398,733
Net earnings	23,157		81,653
Earnings per share
Basic	0.82		2.86
Diluted	0.81		2.83