Acquisitions (Tables)

9 Months Ended

Nov. 30, 2024

Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]

Schedule of Estimated Fair Values of Assets Acquired and Liabilities Assumed

The following table presents the preliminary estimated fair values of assets acquired and liabilities assumed at the acquisition date:

(In thousands)
Assets:
Cash and cash equivalents	$	8,703
Receivables, net	12,673
Inventories, net	19,805
Other current assets	1,335
Property, plant, and equipment	27,701
Operating lease right-of-use assets	14,268
Intangible assets	79,420
Goodwill	106,264
Other non-current assets	166
Total Assets	$	270,335
Liabilities:
Accounts payable	5,032
Accrued compensation and benefits	6,767
Operating lease liabilities	1,447
Other current liabilities	1,287
Non-current operating lease liabilities	14,030
Total Liabilities	$	28,563
Net assets recorded	$	241,772

Schedule of Supplemental Unaudited Pro Forma Information

The following supplemental unaudited pro forma information presents our financial results as if the acquisition of UW Solutions had occurred on February 26, 2023. This supplemental pro forma information has been prepared for comparative purposes and would not necessarily indicate what may have occurred if the acquisition had been completed on February 26, 2023, and this information is not intended to be indicative of future results.

(in thousands, except earnings per share data) (Unaudited)	Three Months Ended				Nine Months Ended
	November 30, 2024		November 25, 2023		November 30, 2024		November 25, 2023
Net sales	$	359,904	$	368,243	$	1,077,941	$	1,131,489
Net earnings	25,364		26,951		84,804		71,890
Earnings per share:
Basic	1.16		1.24		3.89		3.28
Diluted	1.16		1.22		3.86		3.25