Acquisitions (Tables)

9 Months Ended

Nov. 30, 2013

Business Combinations [Abstract]

Summary of Acquisitions

Fiscal year 2013 supplement pro forma earnings were adjusted to include these charges.

	Three Months Ended November 30,				Nine Months Ended November 30,
	2013		2012		2013		2012
	(In thousands, except for per share amounts)
Net Sales	$	197,755	$	206,838	$	593,807	$	601,554
Net Income	$	19,212	$	17,762	$	52,659	$	53,456
Earnings Per Common Share
Basic Earnings Per Share	$	0.75	$	0.70	$	2.07	$	2.11
Diluted Earnings Per Share	$	0.75	$	0.69	$	2.05	$	2.09

The following consolidated pro forma information assumes that the acquisition of NLI took place on March 1, 2012 for the income statements for the three and nine month periods ended November 30, 2013 and 2012.

	Three Months Ended November 30,				Nine Months Ended November 30,
	2013		2012		2013		2012
	(In thousands, except for per share amounts)
Net Sales	$	197,755	$	149,675	$	570,712	$	443,351
Net Income	$	19,212	$	15,364	$	52,136	$	47,426
Earnings Per Common Share
Basic Earnings Per Share	$	0.75	$	0.61	$	2.04	$	1.87
Diluted Earnings Per Share	$	0.75	$	0.60	$	2.03	$	1.86

Purchase Price Allocation

Purchase Price Allocation:

	($ in thousands)
Current Assets	$	79,965
Property and Equipment	27,669
Intangible Assets	85,000
Goodwill	110,017
Other Assets	282
Total Assets Acquired	302,933
Current Liabilities	(27,231		)
Net Assets Acquired	$	275,702

Purchase Price Allocation:

	($ in thousands)
Current Assets	$	22,901
Property and Equipment	1,416
Intangible Assets	50,600
Goodwill	32,323
Other Assets	58
Total Assets Acquired	107,298
Current Liabilities	(17,866		)
Long Term Liabilities	(12,388		)
Net Assets Acquired	$	77,044