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Income Taxes (Tables) | 12 Months Ended
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Feb. 28, 2017
Income Tax Disclosure [Abstract] |
Schedule of Deferred Tax Assets and Liabilities | Significant components of the Company’s net deferred income tax liability are as follows:
|  | 2017 |  | 2016
|  | (Restated) |  | (Restated)
|  | (In thousands)
Deferred income tax assets: |  |  |  |
Employee related items |  | $ | 6,839 |  |  | $ | 5,652 |
Inventories |  | 1,286 |  |  | 1,106 |
Accrued warranty |  | 715 |  |  | 1,008 |
Accounts receivable |  | 261 |  |  | 173 |
Net operating loss carry forward |  | 4,011 |  |  | 2,903 |
|  | 13,112 |  |  | 10,842 |
Less: valuation allowance |  | (648 | ) |  | (648 | )
Total deferred income tax assets |  | 12,464 |  |  | 10,194 |
Deferred income tax liabilities: |  |  |  |
Depreciation methods and property basis differences |  | (27,913 | ) |  | (31,008 | )
Other assets and tax-deductible goodwill |  | (37,950 | ) |  | (30,839 | )
Total deferred income tax liabilities |  | (65,863 | ) |  | (61,847 | )
Net deferred income tax liabilities |  | $ | (53,399 | ) |  | $ | (51,653 | )
Schedule of Components of Income Tax Expense (Benefit) | The provision for income taxes consists of:
|  | 2017 | 2016 | 2015
|  | (Restated) | (Restated) | (Restated)
|  | (in thousands)
Income before income taxes: |
Domestic | $ | 74,972 |  | $ | 93,561 |  | $ | 77,511 |
Foreign | 10,325 |  | 8,814 |  | 13,696 |
Income before income taxes | $ | 85,297 |  | $ | 102,375 |  | $ | 91,207 |
Current provision (benefit): |  |  |
| Federal | $ | 23,282 |  | $ | 28,099 |  | $ | 3,770 |
| Foreign | 2,751 |  | 2,706 |  | 3,025 |
| State and Local | (696 | ) | (337 | ) | 2,575 |
Total current provision for income taxes | $ | 25,337 |  | $ | 30,468 |  | $ | 9,370 |
Deferred provision (benefit): |  |  |
| Federal | $ | (2,486 | ) | $ | (6,560 | ) | $ | 15,859 |
| Foreign | 189 |  | (123 | ) | (858 | )
| State and Local | 993 |  | 3,046 |  | 1,220 |
Total deferred provision (benefit) for income taxes | $ | (1,304 | ) | $ | (3,637 | ) | $ | 16,221 |
Total provision for income taxes | $ | 24,033 |  | $ | 26,831 |  | $ | 25,591 |
Summary of Operating Loss Carryforwards | The following table summarizes the Net Operating Loss (NOL) Carryforward:
|  | 2017 |  | 2016
|  | (In thousands)
Federal |  | $ | — |  |  | $ | — |
State |  | $ | 4,011 |  |  | $ | 2,903 |
Foreign |  | $ | — |  |  | $ | — |
Schedule of Effective Income Tax Rate Reconciliation | A reconciliation from the federal statutory income tax rate to the effective income tax rate is as follows:
|  | 2017 |  | 2016 |  | 2015
|  | (Restated) |  | (Restated) |  | (Restated)
Statutory federal income tax rate |  | 35.0 | % |  | 35.0 | % |  | 35.0 | %
Permanent differences |  | 0.7 |  |  | 0.4 |  |  | 0.6 |
State income taxes, net of federal income tax benefit |  | 0.4 |  |  | (1.5 | ) |  | 2.7 |
Benefit of Section 199 of the Code, manufacturing deduction |  | (2.3 | ) |  | (2.7 | ) |  | (2.4 | )
Valuation allowance |  | — |  |  | (1.2 | ) |  | (3.4 | )
Stock compensation |  | (1.8 | ) |  | — |  |  | — |
Tax credits |  | (3.1 | ) |  | (3.2 | ) |  | (3.4 | )
Foreign tax rate differential |  | (0.8 | ) |  | (0.4 | ) |  | (0.7 | )
Other |  | 0.1 |  |  | (0.2 | ) |  | (0.3 | )
Effective income tax rate |  | 28.2 | % |  | 26.2 | % |  | 28.1 | %

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