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Acquisitions (Tables) | 12 Months Ended
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Feb. 28, 2019
Business Acquisition [Line Items] |
Summary of Purchase Price | The purchase price of Wright was as follows (in thousands):
Ennis shares of common stock |  | $ | 16,218 |
Cash |  |  | 22,653 |
Purchase price of Wright Business Graphics |  | $ | 38,871 |
Summary of Operating Information on a Pro Forma Basis | The following table represents certain operating information on a pro forma basis as though all Wright operations had been acquired as of March 1, 2017, after the estimated impact of adjustments such as amortization of intangible assets, interest expense and related tax effects (in thousands, except per share amount):
|  | Unaudited |  |  | Unaudited |
|  | 2019 |  |  | 2018 |
Pro forma net sales |  | $ | 423,901 |  |  | $ | 427,174 |
Pro forma net earnings |  |  | 38,434 |  |  |  | 35,694 |
Pro forma earnings per share from continuing operations - diluted |  |  | 1.49 |  |  |  | 1.40 |
Wright Business Graphics, Inc [Member] |
Business Acquisition [Line Items] |
Summary of Purchase Price Allocation | The following is a summary of the preliminary purchase price allocation for Wright (in thousands):
Accounts receivable |  | $ | 5,220 |
Prepaid expenses |  |  | 427 |
Inventories |  |  | 4,365 |
Other assets |  |  | 88 |
Property, plant & equipment |  |  | 10,331 |
Non-compete |  |  | 447 |
Customer lists |  |  | 12,900 |
Trade names |  |  | 3,830 |
Goodwill |  |  | 11,031 |
Accounts payable and accrued liabilities |  |  | (4,226 | )
Deferred income taxes |  |  | (5,542 | )
|  | $ | 38,871 |
Independent Printing Company, Inc. [Member] |
Business Acquisition [Line Items] |
Summary of Purchase Price Allocation | The following is a summary of the final purchase price allocation for Independent (in thousands):
Accounts receivable |  | $ | 4,252 |
Inventories |  |  | 1,539 |
Other assets |  |  | 575 |
Property, plant & equipment |  |  | 5,526 |
Customer lists |  |  | 3,390 |
Trademarks |  |  | 2,408 |
Goodwill |  |  | 6,066 |
Accounts payable and accrued liabilities |  |  | (6,079 | )
|  | $ | 17,677 |

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