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Quarterly Consolidated Financial Information (Unaudited) | 12 Months Ended
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Feb. 28, 2015
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Consolidated Financial Information (Unaudited) | (16) Quarterly Consolidated Financial Information (Unaudited) The following table represents the unaudited quarterly financial data of the Company for fiscal years ended 2015 and 2014 (in thousands, except per share amounts and quarter over quarter comparison):
For the Three Months Ended |  | May 31 |  |  | August 31 |  |  | November 30 |  |  | February 28 |
Fiscal year ended 2015: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales |  | $ | 141,186 |  |  | $ | 151,841 |  |  | $ | 146,971 |  |  | $ | 140,242 |
Gross profit margin |  |  | 35,388 |  |  |  | 38,188 |  |  |  | 36,516 |  |  |  | 35,384 |
Net earnings (loss) |  |  | 8,032 |  |  |  | 10,016 |  |  |  | (71,179 | ) |  |  | 8,598 |
Dividends paid |  |  | 4,567 |  |  |  | 4,574 |  |  |  | 4,548 |  |  |  | 4,502 |
Per share of common stock: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic net earnings (loss) |  | $ | 0.31 |  |  | $ | 0.39 |  |  | $ | (2.76 | ) |  | $ | 0.34 |
Diluted net earnings (loss) |  | $ | 0.31 |  |  | $ | 0.39 |  |  | $ | (2.76 | ) |  | $ | 0.34 |
Dividends |  | $ | 0.175 |  |  | $ | 0.175 |  |  | $ | 0.175 |  |  | $ | 0.175 |
For the Three Months Ended |  | May 31 |  |  | August 31 |  |  | November 30 |  |  | February 28 |
Fiscal year ended 2014: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales |  | $ | 138,466 |  |  | $ | 135,288 |  |  | $ | 136,550 |  |  | $ | 132,138 |
Gross profit margin |  |  | 35,795 |  |  |  | 36,659 |  |  |  | 37,759 |  |  |  | 33,580 |
Net earnings (loss) |  |  | 8,506 |  |  |  | 9,801 |  |  |  | 9,349 |  |  |  | (14,467 | )
Dividends paid |  |  | — |  |  |  | 4,587 |  |  |  | 4,588 |  |  |  | 4,590 |
Per share of common stock: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic net earnings (loss) |  | $ | 0.33 |  |  | $ | 0.38 |  |  | $ | 0.36 |  |  | $ | (0.55 | )
Diluted net earnings (loss) |  | $ | 0.33 |  |  | $ | 0.38 |  |  | $ | 0.36 |  |  | $ | (0.55 | )
Dividends |  | $ | — |  |  | $ | 0.175 |  |  | $ | 0.175 |  |  | $ | 0.175 |
Current Quarter Compared to Same Quarter Last Year For the third quarter ended November 30, 2014, a non-cash impairment charge of $93.3 million ($55.9 million to goodwill and $37.4 million to trademarks) related to the apparel segment was recorded. In each quarter for fiscal year ended February 28, 2015, the Company’s net sales increased in comparison to each of the quarters of the previous fiscal year. The primary reason for the increase was the Company’s Print Segment acquisitions of the Custom Envelope Division, Folder Express, Sovereign and Kay Toledo.
(1) | During the first quarter of fiscal year 2014, no dividend payment was made because of the Board’s decision to accelerate the normal first quarter payment for fiscal year 2014 into fiscal year 2013.

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- Definition The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e765-108305 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e725-108305 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=35737889&loc=d3e1280-108306 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 6 -Section G -Subsection 1 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 302 -Paragraph a + Details
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