Quarterly Financial Information, Unaudited (Notes)

12 Months Ended

Feb. 28, 2019

Quarterly Financial Information Disclosure [Abstract]

Quarterly financial information, Unaudited

Selected Quarterly Financial Data (Unaudited)

	Quarter ended
	May 31, 2018		August 31, 2018		November 30, 2018		February 28, 2019
	(in thousands, except per share data)
Net sales	$	262,236	$	222,787	$	239,516	$	202,548
Gross profit	58,705		46,904		49,755		43,257
Net income	15,718		11,244		15,395		8,851
Basic earnings per share	0.60		0.43		0.59		0.34
Diluted earnings per share	0.60		0.43		0.59		0.34

	Quarter ended
	May 31, 2017		August 31, 2017		November 30, 2017			February 28, 2018
	(in thousands, except per share data)
Net sales	$	205,283	$	196,329	$	208,158		$	200,660
Gross profit	47,382		43,800		31,117			38,010
Net income	12,062		9,786		(166		)	23,487
Basic earnings (loss) per share	0.46		0.38		(0.01		)	0.91
Diluted earnings per (loss) share	0.46		0.38		(0.01		)	0.90

As discussed in Note 1, an error was identified in connection with adoption of ASC 606, and this error has been corrected in the fourth quarter of fiscal 2019 as an out of period adjustment. This adjustment did not have a material impact to net sales, gross profit or net income for any period presented herein.