SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

12 Months Ended

Feb. 28, 2015

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

NOTE 19 – 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 Year 2015:
Sales revenue, net	$	311,778	$	319,949	$	435,674	$	377,730	$	1,445,131
Gross profit		119,520		133,744		181,411		164,884		599,559
Asset impairment charges		9,000		-		-		-		9,000
Net income		16,398		18,839		55,377		40,550		131,164

Earnings per share (1)
Basic		0.56		0.66		1.95		1.42		4.59
Diluted		0.55		0.65		1.92		1.40		4.52

Fiscal Year 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

(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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