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Selected Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Feb. 28, 2017
Selected Quarterly Financial Data (Unaudited)  
Schedule of selected unaudited quarterly financial data

SELECTED QUARTERLY FINANCIAL DATA

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(in thousands, except per share data)

 

 

 

 

 

 

 

 

 

Fiscal Year 2017:

 

May

    

August

    

November

    

February

    

Total

Sales revenue, net

 

$

347,938

 

$

368,170

 

$

444,414

 

$

376,697

 

$

1,537,219

Gross profit

 

 

152,427

 

 

162,968

 

 

194,215

 

 

165,858

 

 

675,468

Asset impairment charges

 

 

7,400

 

 

 -

 

 

 -

 

 

5,000

 

 

12,400

Net income

 

 

19,026

 

 

28,355

 

 

57,612

 

 

35,696

 

 

140,689

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share (1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

0.69

 

 

1.02

 

 

2.10

 

 

1.31

 

 

5.11

Diluted

 

 

0.68

 

 

1.00

 

 

2.07

 

 

1.30

 

 

5.04

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year 2016:

 

May

    

August

    

November

    

February

    

Total

Sales revenue, net

 

$

345,345

 

$

369,129

 

$

445,503

 

$

385,724

 

$

1,545,701

Gross profit

 

 

143,319

 

 

148,005

 

 

182,524

 

 

162,157

 

 

636,005

Asset impairment charges

 

 

3,000

 

 

 -

 

 

 -

 

 

3,000

 

 

6,000

Net income

 

 

20,410

 

 

24,452

 

 

46,778

 

 

9,588

 

 

101,228

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share (1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

0.72

 

 

0.86

 

 

1.66

 

 

0.34

 

 

3.58

Diluted

 

 

0.70

 

 

0.84

 

 

1.63

 

 

0.34

 

 

3.52

(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.