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Pension Plan (Tables)
6 Months Ended
Aug. 31, 2017
Compensation And Retirement Disclosure [Abstract]  
Summary of Pension Expense Composed of Components Included in Cost of Goods Sold and Selling, General and Administrative Expenses

Pension expense is composed of the following components included in cost of goods sold and selling, general, and administrative expenses in the Company’s consolidated statements of earnings (in thousands):

 

 

 

Three months ended

 

 

Six months ended

 

 

 

August 31,

 

 

August 31,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Components of net periodic benefit cost

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

270

 

 

$

292

 

 

$

541

 

 

$

583

 

Interest cost

 

 

567

 

 

 

593

 

 

 

1,135

 

 

 

1,186

 

Expected return on plan assets

 

 

(948

)

 

 

(916

)

 

 

(1,897

)

 

 

(1,832

)

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unrecognized net loss

 

 

511

 

 

 

670

 

 

 

1,021

 

 

 

1,341

 

Net periodic benefit cost

 

$

400

 

 

$

639

 

 

$

800

 

 

$

1,278