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Accounting Policies (Tables)
6 Months Ended
Aug. 31, 2012
Accounting Policies [Abstract]  
Impacts Of The Revisions On The Financial Statements

Consolidated Statements of Earnings

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended August 31, 2011

 

Previously

 

 

 

 

 

 

(In thousands except per share data)

Reported

Adjustments

Revised

Selling, general and administrative expenses

$

236,435 

 

$

(6,548)

 

$

229,887 

 

Interest expense

$

787 

 

$

7,677 

 

$

8,464 

 

Earnings before income taxes

$

180,989 

 

$

(1,129)

 

$

179,860 

 

Income tax provision

$

69,094 

 

$

(388)

 

$

68,706 

 

Net earnings

$

111,895 

 

$

(741)

 

$

111,154 

 

 

 

 

 

 

 

 

 

 

 

Net Earnings Per Share:

 

 

 

 

 

 

 

 

 

Basic

$

0.49 

 

$

 ―

 

$

0.49 

 

Diluted

$

0.49 

 

$

(0.01)

 

$

0.48 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended August 31, 2011

 

Previously

 

 

 

 

 

 

(In thousands except per share data)

Reported

Adjustments

Revised

Selling, general and administrative expenses

$

484,640 

 

$

(13,098)

 

$

471,542 

 

Interest expense

$

1,578 

 

$

15,426 

 

$

17,004 

 

Earnings before income taxes

$

384,852 

 

$

(2,328)

 

$

382,524 

 

Income tax provision

$

146,669 

 

$

(799)

 

$

145,870 

 

Net earnings

$

238,183 

 

$

(1,529)

 

$

236,654 

 

 

 

 

 

 

 

 

 

 

 

Net Earnings Per Share:

 

 

 

 

 

 

 

 

 

Basic

$

1.05 

 

$

 ―

 

$

1.05 

 

Diluted

$

1.03 

 

$

 ―

 

$

1.03 

 

 

Consolidated Statement of Cash Flows

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended August 31, 2011

 

Previously

 

 

 

 

 

 

(In thousands)

Reported

Adjustments

Revised

Net cash used in operating activities

$

(81,641)

 

$

5,717 

 

$

(75,924)

 

Net cash provided by financing activities

$

296,570 

 

$

(5,717)

 

$

290,853 

 

Increase in cash and cash equivalents

$

140,792 

 

$

 ―

 

$

140,792