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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Feb. 28, 2013
Feb. 29, 2012
Feb. 28, 2011
Net Sales $ 121,007 $ 136,734 $ 137,624
Cost of Sales 92,493 103,066 105,942
Gross Profit 28,514 33,668 31,682
Selling, General and Administrative Expenses 20,024 21,117 22,621
Gain on Sale of Assets (3,216)   (6,643)
Asset Impairment Charges     3,720
Restructuring   583 1,324
Income from Operations 11,706 [1] 11,968 [2] 10,660
Other Income, Net:      
Interest and Dividend Income (Expense), Net 14 (48) 79
Equity in Results of Joint Venture 270 503 491
Rental Income 648 1,107 912
Other, Net (29) 21 226
Total Other Income, Net 903 1,583 1,708
Income Before Provision (Benefit) for Income Taxes 12,609 13,551 12,368
Provision (Benefit) for Income Taxes 3,615 (14,916) 324
Net Income $ 8,994 $ 28,467 $ 12,044
Basic Net Income Per Share $ 0.87 [3] $ 2.51 [3] $ 0.93
Diluted Net Income Per Share $ 0.86 [3] $ 2.49 [3] $ 0.93
Weighted Average Number of Common Shares Outstanding Used for Basic Net Income Per Share 10,298 11,350 12,906
Dilutive Shares 127 91 51
Weighted Average Number of Common Shares Outstanding Plus Dilutive Shares 10,425 11,441 12,957
Outstanding Common Stock Options Having No Dilutive Effect 400 318 261
[1] Income from operations in the second quarter of fiscal 2013 included a gain on sale of $3.2 million as discussed in Note 18, "Sale of Elk Grove Village Building."
[2] Income from operations in the second and fourth quarters of fiscal 2012 included charges of $0.3 million and $0.3 million related to employee termination benefit expenses as discussed in Note 14, "Restructuring."
[3] The sum of the four quarters is not necessarily the same as the total for the year.