Discontinued Operations (Tables)

12 Months Ended

Feb. 28, 2015

Summarized Financial Information For Discontinued Operations

The summarized financial information for discontinued operations for the year-ended February 28, 2015, and 2014, is as follows:


	Fiscal 2015			Fiscal 2014
Net sales		1,543			23,637
Cost of goods sold		1,388			18,319

Gross profit		155			5,318

Operating expenses
Selling and delivery		—			1,609
General and administrative		163			3,638

Total operating expenses		163			5,247

Operating profit (loss) from discontinued operations		(8	)		71
Other income		75			190
Interest expense		—			(6	)

Other, net		75			184
Gain on sale of assets		—			3,956

		75			4,140

Income from discontinued operations before income taxes		67			4,211
Income tax expense		23			1,432

Income from discontinued operations		44			2,779

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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