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CHANGE IN ACCOUNTING ESTIMATE.
12 Months Ended
Feb. 28, 2015
CHANGE IN ACCOUNTING ESTIMATE  
CHANGE IN ACCOUNTING ESTIMATE

NOTE 2 – CHANGE IN ACCOUNTING ESTIMATE

 

In the third quarter of fiscal year 2015, we revised our product liability estimates to reflect more relevant historical claims experience.  The effect of the change in estimate was recorded in SG&A.  The change increased operating income, net income and diluted earnings per share by $2.22 million, $1.36 million and $0.05 per share, respectively, for fiscal year 2015.