XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.2
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
May 31, 2022
May 31, 2021
Income Statement [Abstract]    
Sales revenue, net $ 508,078 $ 541,223
Cost of goods sold 296,907 320,631
Gross profit 211,171 220,592
Selling, general and administrative expense (“SG&A”) 177,230 155,751
Restructuring charges 2 6
Operating income 33,939 64,835
Non-operating income, net 67 102
Interest expense 4,373 2,995
Income before income tax 29,633 61,942
Income tax expense 5,038 4,970
Net income $ 24,595 $ 56,972
Earnings per share (“EPS”):    
Basic (in dollars per share) $ 1.03 $ 2.34
Diluted (in dollars per share) $ 1.02 $ 2.31
Weighted average shares used in computing EPS:    
Basic (in shares) 23,865 24,349
Diluted (in shares) 24,122 24,636