SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

12 Months Ended

Feb. 28, 2014

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

NOTE 18 – SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

Selected unaudited quarterly financial data is as follows:

SELECTED QUARTERLY FINANCIAL DATA

(in thousands, except per share data)

	May		August		November		February		Total

Fiscal 2014:

Sales revenue, net	$	304,516	$	319,387	$	380,730	$	312,520	$	1,317,153

Gross profit	120,165		123,255		147,701		125,582		516,703

Asset impairment charges	12,049		-		-		-		12,049

Net income	14,392		23,318		37,524		11,014		86,248

Earnings per share (1)
Basic	0.45		0.73		1.17		0.34		2.69
Diluted	0.45		0.72		1.16		0.34		2.66

Fiscal 2013:

Sales revenue, net	$	300,211	$	287,411	$	374,599	$	326,042	$	1,288,263

Gross profit	121,148		117,030		148,453		131,580		518,211

Net income	23,472		22,968		37,719		31,507		115,666

Earnings per share (1)
Basic	0.74		0.72		1.19		0.99		3.64
Diluted	0.74		0.72		1.18		0.98		3.62

(1) Earnings per share calculations for each quarter are based on the weighted average number of shares outstanding for each period, and the sum of the quarterly amounts may not necessarily equal the annual earnings per share amounts.

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

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