XML 23 R33.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Stock Option Plan and Stock Based Compensation (Tables) | 12 Months Ended
--- | ---
Feb. 28, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] |
Stock Option Activity | The Company had the following stock option activity for the three years ended February 28, 2015:
|  | Number of Shares (exact quantity) |  |  | Weighted Average Exercise Price |  |  | Weighted Average Remaining Contractual Life (in years) |  |  | Aggregate Intrinsic Value(a) (in thousands) |
Outstanding at March 1, 2012 |  |  | 310,193 |  |  | $ | 15.60 |  |  |  | 6.6 |  |  | $ | 626 |
Granted |  |  | 72,707 |  |  |  | 15.48 |  |  |  |  |  |  |  |  |
Terminated |  |  | (11,400 | ) |  |  | 13.57 |  |  |  |  |  |  |  |  |
Exercised |  |  | (8,500 | ) |  |  | 8.94 |  |  |  |  |  |  |  |  |
Outstanding at February 28, 2013 |  |  | 363,000 |  |  | $ | 15.79 |  |  |  | 6.4 |  |  | $ | 421 |
Granted |  |  | 36,155 |  |  |  | 14.05 |  |  |  |  |  |  |  |  |
Terminated |  |  | (7,750 | ) |  |  | 13.30 |  |  |  |  |  |  |  |  |
Exercised |  |  | (22,000 | ) |  |  | 12.59 |  |  |  |  |  |  |  |  |
Outstanding at February 28, 2014 |  |  | 369,405 |  |  | $ | 15.86 |  |  |  | 6.0 |  |  | $ | 416 |
Granted |  |  | 31,418 |  |  |  | 15.78 |  |  |  |  |  |  |  |  |
Terminated |  |  | (20,000 | ) |  |  | 16.21 |  |  |  |  |  |  |  |  |
Exercised |  |  | (6,000 | ) |  |  | 8.94 |  |  |  |  |  |  |  |  |
Outstanding at February 28, 2015 |  |  | 374,823 |  |  | $ | 15.95 |  |  |  | 5.7 |  |  | $ | 210 |
Exercisable at February 28, 2015 |  |  | 295,063 |  |  | $ | 16.16 |  |  |  | 5.0 |  |  | $ | 210 |
(a) | Intrinsic value is measured as the excess fair market value of the Company’s Common Stock as reported on the New York Stock Exchange over the applicable exercise price.
Summary of Assumptions Used and Weighted Average Grant-Date Fair Value of Stock Options Granted | The following is a summary of the assumptions used and the weighted average grant-date fair value of the stock options granted during fiscal years ended 2015, 2014 and 2013:
|  | 2015 |  |  | 2014 |  |  | 2013 |
Expected volatility |  |  | 29.25 | % |  |  | 30.41 | % |  |  | 37.02 | %
Expected term (years) |  |  | 3 |  |  |  | 3 |  |  |  | 3 |
Risk free interest rate |  |  | 0.91 | % |  |  | 0.35 | % |  |  | 0.43 | %
Dividend yield |  |  | 4.11 | % |  |  | 4.63 | % |  |  | 4.42 | %
Weighted average grant-date fair value |  | $ | 2.70 |  |  | $ | 1.96 |  |  | $ | 2.83 |
Summary of Stock Options Exercised and Tax Benefits Realized from Stock Based Compensation | A summary of the stock options exercised and tax benefits realized from stock based compensation is presented below for the three fiscal years ended (in thousands):
|  | Fiscal years ended |
|  | 2015 |  |  | 2014 |  |  | 2013 |
Total cash received |  | $ | 54 |  |  | $ | 94 |  |  | $ | 85 |
Income tax (expense) benefit |  |  | (106 | ) |  |  | 17 |  |  |  | 66 |
Total grant-date fair value |  |  | 9 |  |  |  | 50 |  |  |  | 13 |
Intrinsic value |  |  | 36 |  |  |  | 117 |  |  |  | 54 |
Summary of Unvested Stock Options | A summary of the status of the Company’s unvested stock options at February 28, 2015, and changes during the fiscal year ended February 28, 2015 is presented below:
|  | Number of Options |  |  | Weighted Average Grant Date Fair Value |
Unvested at February 28, 2014 |  |  | 112,211 |  |  | $ | 2.89 |
New grants |  |  | 31,418 |  |  |  | 2.70 |
Vested |  |  | (63,869 | ) |  |  | 3.27 |
Forfeited |  |  | — |  |  |  | — |
Unvested at February 28, 2015 |  |  | 79,760 |  |  | $ | 2.51 |
Summary of Stock Options Outstanding | The following table summarizes information about stock options outstanding at the end of fiscal year 2015:
|  | Options Outstanding |  |  | Options Exercisable |
Exercise Prices |  | Number Outstanding |  |  | Weighted Average Remaining Contractual Life (in Years) |  |  | Weighted Average Exercise Price |  |  | Number Exercisable |  |  | Weighted Average Exercise Price |
$8.94 to $8.94 |  |  | 42,000 |  |  |  | 4.2 |  |  | $ | 8.94 |  |  |  | 42,000 |  |  | $ | 8.94 |
14.05 to 16.42 |  |  | 160,280 |  |  |  | 6.9 |  |  |  | 15.33 |  |  |  | 80,520 |  |  |  | 15.50 |
17.57 to 19.69 |  |  | 172,543 |  |  |  | 5.0 |  |  |  | 18.23 |  |  |  | 172,543 |  |  |  | 18.23 |
|  |  | 374,823 |  |  |  | 5.7 |  |  |  | 15.95 |  |  |  | 295,063 |  |  |  | 16.16 |
Restricted Stock Grants Activity | The Company had the following restricted stock grants activity for each of the three fiscal years ended February 28, 2015:
|  | Number of Shares |  |  | Weighted Average Grant Date Fair Value |
Outstanding at March 1, 2012 |  |  | 131,333 |  |  | $ | 17.09 |
Granted |  |  | 92,293 |  |  |  | 15.46 |
Terminated |  |  | — |  |  |  | — |
Vested |  |  | (36,578 | ) |  |  | 16.05 |
Outstanding at February 28, 2013 |  |  | 187,048 |  |  | $ | 16.49 |
Granted |  |  | 55,607 |  |  |  | 14.05 |
Terminated |  |  | — |  |  |  | — |
Vested |  |  | (61,753 | ) |  |  | 16.40 |
Outstanding at February 28, 2014 |  |  | 180,902 |  |  | $ | 15.77 |
Granted |  |  | 85,807 |  |  |  | 15.78 |
Terminated |  |  | — |  |  |  | — |
Vested |  |  | (113,061 | ) |  |  | 16.42 |
Outstanding at February 28, 2015 |  |  | 153,648 |  |  | $ | 15.30 |

X
- Definition Tabular disclosure of share based payment award employee stock purchase plan valuation assumptions and weighted average grant date fair value. + References No definition available. + Details
Name: | ebf_ScheduleOfShareBasedPaymentAwardEmployeeStockPurchasePlanValuationAssumptionsAndWeightedAverageGrantDateFairValueTableTextBlock
Namespace Prefix: | ebf_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of unvested stock option. + References No definition available. + Details
Name: | ebf_ScheduleOfUnvestedStockOptionRollForwardTableTextBlock
Namespace Prefix: | ebf_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of total share-based compensation cost, including the amounts attributable to each share-based compensation plan and any related tax benefits. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration