XML 33 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Condensed Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Nov. 30, 2018
Nov. 30, 2017
Nov. 30, 2018
Nov. 30, 2017
Income Statement [Abstract]        
Sales revenue, net $ 431,081 $ 420,841 $ 1,179,308 $ 1,091,281
Cost of goods sold 249,236 242,703 695,732 638,096
Gross profit 181,845 178,138 483,576 453,185
Selling, general and administrative expense (SG&A) 120,524 109,633 325,684 310,390
Asset impairment charges 0 0 0 4,000
Restructuring charges 25 1,165 2,609 1,165
Operating income 61,296 67,340 155,283 137,630
Nonoperating income, net 15 34 175 281
Interest expense (2,971) (3,505) (8,413) (10,984)
Income before income tax 58,340 63,869 147,045 126,927
Income tax expense 4,020 5,245 10,535 6,423
Income from continuing operations 54,320 58,624 136,510 120,504
Loss from discontinued operations, net of tax (4,850) (89,060) (5,231) (136,139)
Net income (loss) $ 49,470 $ (30,436) $ 131,279 $ (15,635)
Earnings (loss) per share - basic:        
Continuing operations (in dollars per share) $ 2.08 $ 2.16 $ 5.19 $ 4.44
Discontinued operations (in dollars per share) (0.19) (3.28) (0.20) (5.02)
Total earnings per share - basic (in dollars per share) 1.90 (1.12) 4.99 (0.58)
Earnings (loss) per share - diluted:        
Continuing operations (in dollars per share) 2.06 2.15 5.15 4.41
Discontinued operations (in dollars per share) (0.18) (3.27) (0.20) (4.99)
Total earnings per share - diluted (in dollars per share) $ 1.88 $ (1.12) $ 4.95 $ (0.57)
Weighted average shares of common stock used in computing earnings per share:        
Basic (in shares) 26,057 27,113 26,321 27,140
Diluted (in shares) 26,366 27,267 26,520 27,304