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Selected Quarterly Financial Data (Unaudited) (Tables)
 12 Months Ended
Feb. 29, 2020
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 2020:
May
August
November
February
Total
Sales revenue, net
$
376,335

$
413,995

$
474,737

$
442,365

$
1,707,432

Gross profit
153,727

178,151

209,973

192,615

734,466

Asset impairment charges
—

—

—

41,000

41,000

Restructuring charges
619

430

12

2,252

3,313

Income (loss) from continuing operations
40,694

46,095

68,699

(3,155
)
152,333

Loss from discontinued operations
—

—

—

—

—

 
 
 
 
 
 
Earnings (loss) per share (1)
 

 

 

 

 

Basic
 
 
 
 
 
Continuing operations
$
1.63

$
1.84

$
2.73

$
(0.13
)
$
6.06

Discontinued operations
—

—

—

—

—

Total earnings (loss) per share
$
1.63

$
1.84

$
2.73

$
(0.13
)
$
6.06

 
 
 
 
 
 
Diluted
 
 
 
 
 
Continuing operations
$
1.61

$
1.83

$
2.71

$
(0.13
)
$
6.02

Discontinued operations
—

—

—

—

—

Total earnings (loss) per share
$
1.61

$
1.83

$
2.71

$
(0.13
)
$
6.02

 
 
 
 
 
 
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


(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.