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Selected Quarterly Financial Data (Unaudited)
12 Months Ended
Feb. 28, 2018
Selected Quarterly Financial Data (Unaudited)  
Selected Quarterly Financial Data (Unaudited)

Note 20 – Selected Quarterly Financial Data (Unaudited)

 

Selected unaudited quarterly financial data is as follows (in thousands except share data):

 

SELECTED QUARTERLY FINANCIAL DATA

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year 2018:

 

May

    

August

    

November

    

February

    

Total

Sales revenue, net

 

$

327,986

 

$

347,205

 

$

423,709

 

$

390,847

 

$

1,489,747

Gross profit

 

 

134,065

 

 

145,733

 

 

181,005

 

 

161,298

 

 

622,101

Asset impairment charges

 

 

4,000

 

 

 -

 

 

 -

 

 

11,447

 

 

15,447

Income from continuing operations

 

 

27,308

 

 

34,572

 

 

58,624

 

 

8,378

 

 

128,882

Income (loss) from discontinued operations

 

 

(21,440)

 

 

(25,639)

 

 

(89,060)

 

 

51,703

 

 

(84,436)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (loss) per share (1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

1.01

 

$

1.27

 

$

2.16

 

$

0.31

 

$

4.76

Discontinued operations

 

 

(0.79)

 

 

(0.94)

 

 

(3.28)

 

 

1.91

 

 

(3.12)

Total earnings per share

 

$

0.22

 

$

0.33

 

$

(1.12)

 

$

2.22

 

$

1.64

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

1.00

 

$

1.26

 

$

2.15

 

$

0.31

 

$

4.73

Discontinued operations

 

 

(0.79)

 

 

(0.94)

 

 

(3.27)

 

 

1.91

 

 

(3.10)

Total earnings per share

 

$

0.22

 

$

0.33

 

$

(1.12)

 

$

2.22

 

$

1.63

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year 2017:

 

May

    

August

    

November

    

February

    

Total

Sales revenue, net

 

$

311,998

 

$

335,058

 

$

412,251

 

$

347,369

 

$

1,406,676

Gross profit

 

 

126,633

 

 

139,390

 

 

171,927

 

 

144,607

 

 

582,557

Asset impairment charges

 

 

2,400

 

 

 -

 

 

 -

 

 

500

 

 

2,900

Income from continuing operations

 

 

23,646

 

 

29,465

 

 

56,774

 

 

34,425

 

 

144,310

Income (loss) from discontinued operations

 

 

(4,620)

 

 

(1,110)

 

 

838

 

 

1,271

 

 

(3,621)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (loss) per share (1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

0.85

 

$

1.06

 

$

2.07

 

$

1.27

 

$

5.24

Discontinued operations

 

 

(0.17)

 

 

(0.04)

 

 

0.03

 

 

0.05

 

 

(0.13)

Total earnings per share

 

$

0.69

 

$

1.02

 

$

2.10

 

$

1.31

 

$

5.11

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

0.84

 

$

1.04

 

$

2.04

 

$

1.25

 

$

5.17

Discontinued operations

 

 

(0.16)

 

 

(0.04)

 

 

0.03

 

 

0.05

 

 

(0.13)

Total earnings per share

 

$

0.68

 

$

1.00

 

$

2.07

 

$

1.30

 

$

5.04

(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.