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Selected Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Feb. 28, 2019
Quarterly Financial Data [Abstract]  
Schedule of selected unaudited quarterly financial data
Selected unaudited quarterly financial data is as follows (in thousands except share data):
SELECTED QUARTERLY FINANCIAL DATA
Fiscal Year 2019:
May
August
November
February
Total
Sales revenue, net
$
354,679

$
393,548

$
431,081

$
384,843

$
1,564,151

Gross profit
146,558

155,173

181,845

157,530

641,106

Asset impairment charges





Restructuring charges
1,725

859

25

977

3,586

Income from continuing operations
38,173

44,017

54,320

37,714

174,224

Loss from discontinued operations
(381
)

(4,850
)
(448
)
(5,679
)
 
 
 
 
 
 
Earnings (loss) per share (1)
 

 

 

 

 

Basic
 
 
 
 
 
Continuing operations
$
1.44

$
1.67

$
2.08

$
1.49

$
6.68

Discontinued operations
(0.01
)

(0.19
)
(0.02
)
(0.22
)
Total earnings per share
$
1.42

$
1.67

$
1.90

$
1.47

$
6.46

 
 
 
 
 
 
Diluted
 
 
 
 
 
Continuing operations
$
1.43

$
1.66

$
2.06

$
1.47

$
6.62

Discontinued operations
(0.01
)

(0.18
)
(0.02
)
(0.22
)
Total earnings per share
$
1.42

$
1.66

$
1.88

$
1.45

$
6.41

 
 
 
 
 
 
Fiscal Year 2018:
May
August
November
February
Total
Sales revenue, net
$
325,491

$
344,949

$
420,841

$
387,564

$
1,478,845

Gross profit
131,570

143,477

178,138

158,014

611,199

Asset impairment charges
4,000



11,447

15,447

Restructuring charges


1,165

692

1,857

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


(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.