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Statement of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Aug. 31, 2012
Aug. 31, 2011
Aug. 31, 2012
Aug. 31, 2011
Net sales $ 191,715 $ 158,337 $ 385,751 $ 323,662
Cost of sales 137,029 114,475 280,569 236,112
Gross profit 54,686 43,862 105,182 87,550
Operating expenses:        
Selling 11,507 11,199 24,712 23,103
General and administrative 29,591 20,765 54,816 43,418
Engineering and technical support 6,693 4,007 14,104 7,818
Acquisition-related costs 55 239 1,651 1,583
Total operating expenses 47,846 36,210 95,283 75,922
Operating income (loss) 6,840 7,652 9,899 11,628
Other (expense) income:        
Interest and bank charges 1,693 1,392 3,937 2,875
Equity in income of equity investees 1,193 890 2,550 2,019
Other, net (343) (1,227) (9,999) (746)
Total other (expense) income, net (843) (1,729) (11,386) (1,602)
Income (loss) before income taxes 5,997 5,923 (1,487) 10,026
Income tax expense (benefit) 2,277 2,484 (507) 4,101
Net income (loss) 3,720 3,439 (980) 5,925
Foreign currency translation adjustments (568) (616) (5,190) 712
Derivatives designated for hedging (196) (21) 100 (725)
Reclassificaton adjustment of other-than-temporary impairment loss on available-for-sale investment into net income 0 877 0 1,177
Unrealized holding gain (loss) on available-for-sale investment securities arising during the period, net of tax 6 7 6 (3)
Other comprehensive income (loss), net of tax (758) 247 (5,084) 1,161
Comprehensive (loss) income $ 2,962 $ 3,686 $ (6,064) $ 7,086
Net income per common share (basic) $ 0.16 $ 0.15 $ (0.04) $ 0.26
Net income per common share (diluted) $ 0.16 $ 0.15 $ (0.04) $ 0.25
Weighted Average Number of Shares Outstanding, Basic 23,397,769 23,073,959 23,349,617 23,073,959
Weighted Average Number of Shares Outstanding, Diluted 23,599,929 23,254,296 23,349,617 23,268,241