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Acquisitions Acquisition (Tables)
12 Months Ended
Mar. 04, 2017
Business Combinations [Abstract]  
Schedule of Recognized Identified Assets Acquired
The purchase price allocation is based on these estimated fair value of assets acquired and liabilities assumed, as follows:
(In thousands)
 
December 14, 2016
Net working capital
 
$
10,682

Property, plant and equipment
 
7,993

Goodwill
 
27,444

Other intangible assets
 
91,813

Net assets acquired
 
$
137,932

Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination
Other intangible assets reflect the following:
(In thousands)
Estimated fair value
 
Estimated useful life (in years)
Technology
$
6,319

 
10.0
Tradename
12,333

 
Indefinite
Backlog
12,638

 
1.5
Customer relationships
60,523

 
17.0
Total other intangible assets
$
91,813

 
 
Business Acquisition, Pro Forma Information
The following unaudited pro forma information provides the results of operations for the fiscal years ended March 4, 2017 and February 27, 2016, as if the acquisition had been completed at the beginning of fiscal year 2016:
 
 
Pro Forma
(In thousands, except per share data)
 
2017
 
2016
Net sales
 
$
1,196,504

 
$
1,054,281

Net earnings
 
100,124

 
66,203

Earnings per share
 
 
 
 
Basic
 
$
3.48

 
$
2.28

Diluted
 
$
3.47

 
$
2.25