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Consolidated Condensed Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
May 31, 2021
May 31, 2020
Income Statement [Abstract]    
Sales revenue, net $ 541,223 $ 420,835
Cost of goods sold 320,631 241,534
Gross profit 220,592 179,301
Selling, general and administrative expense (“SG&A”) 155,751 121,989
Restructuring charges 6 333
Operating income 64,835 56,979
Non-operating income, net 102 236
Interest expense 2,995 3,846
Income before income tax 61,942 53,369
Income tax expense (benefit) 4,970 (6,917)
Net income $ 56,972 $ 60,286
Earnings per share (“EPS”):    
Basic (in dollars per share) $ 2.34 $ 2.39
Diluted (in dollars per share) $ 2.31 $ 2.37
Weighted average shares used in computing EPS:    
Basic (in shares) 24,349 25,254
Diluted (in shares) 24,636 25,397