Acquisitions (Tables)

12 Months Ended

Feb. 28, 2014

Aquilex [Member]

Business Acquisition [Line Items]

Schedule of assets acquired and liabilities assumed

The excess of the purchase price over the net identifiable assets was recorded as goodwill. The following table summarizes the estimated fair value of the assets acquired and liabilities of Aquilex SRO assumed at the date of acquisition:

	($ in thousands)
Current Assets	$	78,619
Property and Equipment	27,669
Intangible Assets	87,100
Goodwill	109,636
Other Assets	205
Total Assets Acquired	303,229
Current Liabilities	(27,527		)
Net Assets Acquired	$	275,702

Schedule of finite lived intangible assets acquired

ASSET	LIFE
Technology	3-9 years
Customer Related Intangibles	14 years
Tradename	19 years

Schedule of proforma information

The following unaudited pro forma information assumes that the acquisition of Aquilex SRO took place on March 1, 2011 for the income statements for the years ended February 28, 2014, and February 28, 2013.

	February 28, 2014		February 28, 2013
	(Unaudited) (In thousands, except for per share amounts)
Net Sales	$	774,818	$	783,126
Net Income	$	60,080	$	58,372
Earnings Per Common Share
Basic Earnings Per Share	$	2.35	$	2.31
Diluted Earnings Per Share	$	2.34	$	2.28

Nuclear Logistics Incorporated [Member]

Business Acquisition [Line Items]

Schedule of proforma information

The following unaudited pro forma information assumes that the acquisition of NLI took place on March 1, 2011 for the income statements for the years ended February 28, 2013 and February 29, 2012.

	February 28, 2013		February 29, 2012
	(Unaudited) (In thousands, except for per share amounts)
Net Sales	$	583,743	$	522,678
Net Income	$	60,602	$	43,283
Earnings Per Common Share
Basic Earnings Per Share	$	2.39	$	1.72
Diluted Earnings Per Share	$	2.37	$	1.71

Purchase Price Allocation

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