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Acquisitions (Tables) | 12 Months Ended
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Mar. 01, 2025
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 estimated fair values of assets acquired and liabilities assumed at the acquisition date:
(In thousands) |  |
Assets: |  |
Cash and cash equivalents |  | $ | 8,703 |
Receivables, net |  | 12,427 |
Inventories, net |  | 17,903 |
Other current assets |  | 1,122 |
Property, plant and equipment |  | 26,563 |
Operating lease right-of-use assets |  | 14,189 |
Goodwill |  | 107,826 |
Intangible assets, net |  | 79,679 |
Other non-current assets |  | 166 |
Total Assets |  | $ | 268,578 |
Liabilities: |  |
Accounts payable |  | 5,126 |
Accrued compensation and benefits |  | 6,900 |
Operating lease liabilities |  | 1,259 |
Other current liabilities |  | 1,490 |
Non-current operating lease liabilities |  | 12,930 |
Total Liabilities |  | $ | 27,705 |
Net assets recorded |  | $ | 240,873 |
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) |  |  |  |  |  | 2025 |  | 2024 |
Net sales |  |  |  |  |  | $ | 1,423,635 |  |  | $ | 1,513,734 |  |
Net earnings |  |  |  |  |  | 90,978 |  |  | 83,256 |  |
Earnings per share: |  |  |  |  |  |  |  |  |
Basic |  |  |  |  |  | $ | 4.19 |  |  | $ | 3.81 |  |
Diluted |  |  |  |  |  | $ | 4.16 |  |  | $ | 3.77 |  |

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (h)(2) -SubTopic 10 -Topic 805 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479328/805-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (h)(3) -SubTopic 10 -Topic 805 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479328/805-10-50-2 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Paragraph 1 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479907/805-20-50-1 + Details
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