Acquisitions (Tables)

6 Months Ended

Aug. 31, 2021

Business Acquisition [Line Items]

Summary of Operating Information on a Pro Forma Basis

The following table sets forth certain operating information on a pro forma basis as though all Infoseal and AmeriPrint operations had been acquired as of March 1, 2020, after the estimated impact of adjustments such as amortization of intangible assets, depreciation expense and interest expense and related tax effects (in thousands, except per share amounts).

	Three months ended		Six months ended
	Aug 31, 2021	Aug 31, 2020	Aug 31, 2021	Aug 31, 2020
Pro forma net sales	$100,451	$93,040	$199,049	$188,465
Pro forma net earnings	7,460	6,642	14,727	11,049
Pro forma earnings per share - diluted	$0.29	$0.26	$0.56	$0.43

Infoseal LLC [Member]

Business Acquisition [Line Items]

Summary of Purchase Price Allocation

The following is a summary of the purchase price allocation for Infoseal (in thousands):

Accounts receivable	$	1,966
Inventories		1,758
Right-of-use asset		3,865
Property, plant & equipment		7,000
Goodwill and intangibles		9,889
Accounts payable and accrued liabilities		(1,411	)
Operating lease liability		(3,865	)
	$	19,202

AmeriPrint Corporation [Member]

Business Acquisition [Line Items]

Summary of Purchase Price Allocation

The following is a summary of the purchase price allocation for AmeriPrint (in thousands):

Accounts receivable	$	417
Inventories		732
Property, plant & equipment		2,000
Goodwill and intangibles		1,607
Accounts payable and accrued liabilities		(834	)
	$	3,922