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Selected Quarterly Financial Data (unaudited) (Tables)
12 Months Ended
Feb. 29, 2016
Quarterly Consolidated Financial Data

The following table sets forth selected quarterly consolidated financial data for the fiscal years ended February 29, 2016 and February 28, 2015, respectively. The summation of quarterly net income (loss) per share may not agree with annual net income (loss) per share due to rounding. Excludes discontinued operations:

 

     2016  
     First
Quarter
     Second
Quarter
     Third
Quarter
     Fourth
Quarter
 
     (in thousands, except per share amounts)  

Net Sales

   $ 2,360       $ 2,923       $ 2,387       $ 3,952   

Gross profit (loss)

     64         250         (422      708   

Net income (loss)

     (1,569      (1,366      (2,139      (1,072

Basic net income (loss) per share

   $ (0.26    $ (0.23    $ (0.36    $ (0.19

Diluted net income (loss) per share

   $ (0.26    $ (0.23    $ (0.36    $ (0.19

 

     2015  
     First
Quarter
     Second
Quarter
     Third
Quarter
     Fourth
Quarter
 
     (in thousands, except per share amounts)  

Net Sales

   $ 3,695       $ 2,592       $ 3,557       $ 2,974   

Gross profit (loss)

     977         14         674         (280

Net income (loss)

     139         149         (2,836      (3,445

Basic net income (loss) per share

   $ 0.02       $ 0.02       $ (0.45    $ (0.54

Diluted net income (loss) per share

   $ 0.02       $ 0.02       $ (0.45    $ (0.54 )