Ennis (EBF) 10-K 10 May 24 2024 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($) $ in Millions	12 Months Ended
	Feb. 29, 2024	May 09, 2024	Aug. 31, 2022
Cover [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Feb. 29, 2024
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	FY
Trading Symbol	EBF
Entity Registrant Name	ENNIS, INC.
Entity Central Index Key	0000033002
Current Fiscal Year End Date	--02-29
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Accelerated Filer
Entity Shell Company	false
Entity Interactive Data Current	Yes
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding		25,984,014
Entity Public Float			$ 536
Title of 12(b) Security	Common Stock, par value $2.50 per share
Security Exchange Name	NYSE
Entity Incorporation, State or Country Code	TX
Document Annual Report	true
Document Transition Report	false
ICFR Auditor Attestation Flag	true
Entity File Number	1-5807
Entity Tax Identification Number	75-0256410
Entity Address, Address Line One	2441 Presidential Pkwy
Entity Address, City or Town	Midlothian
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	76065
City Area Code	972
Local Phone Number	775-9801
Documents Incorporated by Reference	DOCUMENTS INCORPORATED BY REFERENCE Portions of the Registrant’s Proxy Statement for the 2024 Annual Meeting of Shareholders are incorporated by reference into Part III of this Report.
Auditor Firm ID	596
Auditor Name	CohnReznick LLP
Auditor Location	Dallas, Texas
Document Financial Statement Error Correction [Flag]	false

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Feb. 29, 2024	Feb. 28, 2023
Current assets
Cash	$ 81,597	$ 93,968
Short-term investments	29,325	0
Accounts receivable, net	47,209	53,507
Inventories, net	40,037	46,834
Prepaid expenses	2,168	2,317
Prepaid income taxes	1,046	0
Total current assets	201,382	196,626
Property, plant and equipment
Plant, machinery and equipment	160,305	153,074
Land and buildings	67,121	59,163
Computer equipment and software	10,680	18,832
Other	4,124	4,292
Total property, plant and equipment	242,230	235,361
Less accumulated depreciation	187,265	187,572
Property, plant and equipment, net	54,965	47,789
Operating lease right-of-use assets, net	9,827	13,133
Goodwill	94,349	91,819
Intangible assets, net	38,327	44,088
Net pension asset	80	0
Other assets	260	380
Total assets	399,190	393,835
Current liabilities
Accounts payable	11,846	18,333
Accrued expenses	17,541	18,067
Current portion of operating lease liabilities	4,414	4,847
Total current liabilities	33,801	41,247
Liability for pension benefits	0	646
Deferred income taxes	9,305	11,098
Operating lease liabilities, net of current portion	5,160	8,162
Other liabilities	1,083	1,250
Total liabilities	49,349	62,403
Shareholders’ equity
Common stock $2.50 par value, authorized 40,000,000 shares; issued 30,053,443 shares at February 29, 2024 and February 28, 2023	75,134	75,134
Additional paid-in capital	126,253	125,887
Retained earnings	236,196	219,459
Accumulated other comprehensive loss:
Minimum pension liability, net of taxes	(13,019)	(14,104)
Treasury stock	(74,723)	(74,944)
Total shareholders’ equity	349,841	331,432
Total liabilities and shareholders' equity	$ 399,190	$ 393,835

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Feb. 29, 2024	Feb. 28, 2023
Statement of Financial Position [Abstract]
Common stock, par value	$ 2.5	$ 2.5
Common stock, shares authorized	40,000,000	40,000,000
Common stock, shares issued	30,053,443	30,053,443

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Feb. 29, 2024	Feb. 28, 2023	Feb. 28, 2022
Income Statement [Abstract]
Net sales	$ 420,109	$ 431,837	$ 400,014
Type of revenue [extensible list]	Net sales	Net sales	Net sales
Cost of goods sold	$ 294,767	$ 300,787	$ 285,291
Type of cost, good or service [extensible list]	Cost of goods sold	Cost of goods sold	Cost of goods sold
Gross profit	$ 125,342	$ 131,050	$ 114,723
Selling, general and administrative	68,830	70,793	71,410
(Gain) from disposal of assets	53	(5,896)	(271)
Income from operations	56,459	66,153	43,584
Other income (expense)
Interest income (expense)	3,973	771	(9)
Other, net	(1,309)	(1,994)	(1,631)
Total other income (expense)	2,664	(1,223)	(1,640)
Earnings from continuing operations before income taxes	59,123	64,930	41,944
Income tax expense	16,526	17,630	12,962
Net earnings	$ 42,597	$ 47,300	$ 28,982
Weighted average common shares outstanding
Basic	25,842,798	25,818,737	26,026,477
Diluted	25,940,076	25,951,141	26,109,341
Earnings per share
Basic	$ 1.65	$ 1.83	$ 1.11
Diluted	1.64	1.82	1.11
Cash dividends per share	$ 1	$ 1	$ 0.975

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Feb. 29, 2024	Feb. 28, 2023	Feb. 28, 2022
Statement of Comprehensive Income [Abstract]
Net earnings	$ 42,597	$ 47,300	$ 28,982
Adjustment to pension, net of taxes	1,085	4,483	1,695
Comprehensive income	$ 43,682	$ 51,783	$ 30,677

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Equity - USD ($) $ in Thousands	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Treasury Stock Common [Member]
Beginning balance at Feb. 28, 2021	$ 300,549	$ 75,134	$ 123,017	$ 194,436	$ (20,282)	$ (71,756)
Beginning balance common stock, shares at Feb. 28, 2021		30,053,443
Treasury Stock Shares Opening Balance at Feb. 28, 2021						(4,103,630)
Treasury Stock Shares Ending Balance at Feb. 28, 2022						(4,253,824)
Net earnings	28,982			28,982
Adjustment to pension, net of deferred tax	1,695				1,695
Dividends paid	(25,420)			(25,420)
Stock based compensation	2,799		2,799
Exercise of stock options and restricted stock			(1,826)			$ 1,826
Exercise of stock options and restricted stock, shares						104,485
Common stock repurchases	(4,790)					$ (4,790)
Common stock repurchases, shares						(254,679)
Ending balance at Feb. 28, 2022	303,815	$ 75,134	123,990	197,998	(18,587)	$ (74,720)
Ending balance common stock, shares at Feb. 28, 2022		30,053,443
Treasury Stock Shares Ending Balance at Feb. 28, 2023						(4,266,835)
Net earnings	47,300			47,300
Adjustment to pension, net of deferred tax	4,483				4,483
Dividends paid	(25,839)			(25,839)
Stock based compensation	2,791		2,791
Exercise of stock options and restricted stock			(894)			$ 894
Exercise of stock options and restricted stock, shares						51,071
Common stock repurchases	$ (1,118)					$ (1,118)
Common stock repurchases, shares	(64,082)					(64,082)
Ending balance at Feb. 28, 2023	$ 331,432	$ 75,134	125,887	219,459	(14,104)	$ (74,944)
Ending balance common stock, shares at Feb. 28, 2023	30,053,443	30,053,443
Treasury Stock Shares Ending Balance at Feb. 29, 2024						(4,250,226)
Net earnings	$ 42,597			42,597
Adjustment to pension, net of deferred tax	1,085				1,085
Dividends paid	(25,860)			(25,860)
Stock based compensation	1,173		1,173
Exercise of stock options and restricted stock	0		(807)			$ 807
Exercise of stock options and restricted stock, shares						45,959
Common stock repurchases	$ (586)					$ (586)
Common stock repurchases, shares	(29,350)					(29,350)
Ending balance at Feb. 29, 2024	$ 349,841	$ 75,134	$ 126,253	$ 236,196	$ (13,019)	$ (74,723)
Ending balance common stock, shares at Feb. 29, 2024	30,053,443	30,053,443

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Shareholders' Equity (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Feb. 29, 2024	Feb. 28, 2023	Feb. 28, 2022
Statement of Stockholders' Equity [Abstract]
Deferred tax adjusted to pension	$ 362	$ 1,494	$ 565
Dividends paid per share	$ 1	$ 1	$ 0.975

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Feb. 29, 2024	Feb. 28, 2023	Feb. 28, 2022
Cash flows from operating activities:
Net earnings	$ 42,597	$ 47,300	$ 28,982
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation	9,863	10,180	10,396
Amortization of intangible assets	7,649	7,176	8,381
(Gain) loss from disposal of assets	53	(5,896)	(271)
Accrued interest on short-term investments	(431)	0	0
Bad debt expense, net of recoveries	693	663	429
Stock based compensation	1,173	2,791	2,799
Deferred income taxes	(2,153)	(1,801)	3,162
Net pension expense	719	894	1,690
Changes in operating assets and liabilities, net of the effects of acquisitions:
Accounts receivable	8,836	(9,245)	(1,036)
Prepaid expenses and income taxes	(271)	(370)	(257)
Inventories	9,116	(7,780)	(4,400)
Other assets	120	(563)	(19)
Accounts payable and accrued expenses	(8,599)	3,334	1,533
Other liabilities	(296)	93	(711)
Net cash provided by operating activities	69,069	46,776	50,678
Cash flows from investing activities:
Capital expenditures	(6,500)	(4,332)	(6,537)
Purchase of businesses, net of cash acquired	(19,609)	(8,767)	(4,340)
Purchase of investment securities	(31,394)	0	0
Maturity of investment securities	2,500	0	0
Proceeds from disposal of plant and property	9	1,642	825
Net cash used in investing activities	(54,994)	(11,457)	(10,052)
Cash flows from financing activities:
Dividends paid	(25,860)	(25,839)	(25,420)
Common stock repurchases	(586)	(1,118)	(4,790)
Net cash used in financing activities	(26,446)	(26,957)	(30,210)
Net change in cash	(12,371)	8,362	10,416
Cash at beginning of year	93,968	85,606	75,190
Cash at end of year	$ 81,597	$ 93,968	$ 85,606

Significant Accounting Policies

Significant Accounting Policies and General Matters	12 Months Ended
	Feb. 29, 2024
Accounting Policies [Abstract]
Significant Accounting Policies and General Matters	(1) Significant Accounting Policies and General Matters Nature of Operations. Ennis, Inc. and its wholly owned subsidiaries (collectively, the “Company”) are principally engaged in the production of and sale of business forms and other printed products to customers primarily located in the United States. Basis of Consolidation. The Consolidated Financial Statements include the accounts of the Company and its wholly owned subsidiaries. All significant intercompany accounts and transactions have been eliminated. The Company’s last three fiscal years ended on the following days: February 29, 2024, February 28, 2023 and February 28, 2022 (fiscal years ended 2024, 2023 and 2022, respectively). Segment Reporting. The Company operates as one operating segment, in which management uses one measure of profitability, and all of the Company’s assets are located in the United States of America. The Company does not operate separate lines of business or separate business entities and its single operating segment comprises the entire reporting entity. Accordingly, the Company does not have separately reportable segments. Accounts Receivable and allowance for credit losses. Trade receivables are uncollateralized customer obligations due under normal trade terms requiring payment generally within 30 days from the invoice date. The Company has established procedures to monitor credit risk and has not experienced significant credit losses in prior years. Accounts receivable have been reduced by an allowance for amounts that may be uncollectible in the future. This estimated allowance is based on an analysis that estimates the amount of its total customer receivable balance that is not collectible. This analysis includes assessing a default probability to customers’ receivable balances, which is influenced by several factors including (i) current market conditions, (ii) periodic review of customer credit worthiness, and (iii) review of customer receivable aging and payment trends. Write-offs are recorded at the time a customer receivable is deemed uncollectible. In accordance with Accounting Standards Update ("ASU") 2016-13, Financial Instruments – Credit Losses, Measurement of Credit Losses on Financial Instruments the Company recognizes expected credit losses based on a broader range of reasonable and supportable information to inform credit loss estimates. Inventories. With the exception of approximately 7.0 % and 6.1 % of its inventories valued at the lower of last-in, first-out ("LIFO") for fiscal years 2024 and 2023, respectively, the Company values its inventories at the lower of first-in, first-out ("FIFO") cost or net realizable value. The Company regularly reviews inventories on hand, using specific aging categories, and writes down the carrying value of its inventories for excess and potentially obsolete inventories based on historical usage and estimated future usage. In assessing the ultimate realization of its inventories, the Company is required to make judgments as to future demand requirements. As actual future demand or market conditions may vary from those projected by the Company, adjustments to inventories may be required. The Company provides reserves for excess and obsolete inventory when necessary based upon analysis of quantities on hand, recent sales volumes and reference to market prices. Long-Lived Assets . Long-lived assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to future undiscounted net cash flows expected to be generated by the asset. If such assets are considered to be impaired, the impairment to be recognized is based upon the fair value of assets. Property, Plant and Equipment . Depreciation and amortization of property, plant and equipment is calculated using the straight-line method over a period considered adequate to amortize the total cost over the useful lives of the assets, which range from 3 to 11 years for machinery and equipment and 10 to 33 years for buildings and improvements. Leasehold improvements are amortized over the shorter of the lease term or the estimated useful life of the improvements. Repairs and maintenance are expensed as incurred. Renewals and betterments are capitalized and depreciated over the remaining life of the specific property unit. The Company capitalizes all leases that are in substance acquisitions of property. Goodwill and Other Intangible Assets . Goodwill is the excess of the purchase price paid over the value of net assets of businesses acquired and is not amortized. Intangible assets consist of trademarks and trade names, customer lists, non-compete agreements and technology, and are amortized on a straight-line basis over their estimated useful lives. Goodwill is evaluated for impairment on an annual basis, or more frequently if impairment indicators arise, using a quantitative or qualitative fair-value-based test that compares the fair value of the related business unit to its carrying value. Fair Value of Financial Instruments . Certain assets and liabilities are required to be recorded at fair value on a recurring basis. Fair value is determined based on the exchange price that would be received for an asset or transferred for a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants. The carrying amounts of cash, accounts receivables, and accounts payable approximate fair value because of the short maturity and/or variable rates associated with these instruments. The Company categorizes each of its fair value measurements in one of these three levels based on the lowest level input that is significant to the fair value measurement in its entirety. These levels are: Level 1 - Inputs utilize quoted prices (unadjusted) in active markets for identical assets or liabilities that the Company has the ability to access. Level 2 - Inputs utilize data points that are observable such as quoted prices, interest rates and yield curves. Level 3 - Inputs are unobservable data points for the asset or liability, and include situations where there is little, if any, market activity for the asset or liability. Treasury Stock . The Company accounts for repurchases of common stock using the cost method with common stock in treasury classified in the consolidated balance sheets as a reduction of shareholders’ equity. Revenue Recognition . Nature of Revenues Substantially all of the Company’s revenue from contracts with customers consist of the sale of commercial printing products in the continental United States of America and is primarily recognized at a point in time in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods. Revenue from the sale of commercial printing products, including shipping and handling fees billed to customers, is recognized upon the transfer of control to the customer, which is generally upon shipment to the customer when the terms of the sale are FOB shipping point, or, to a lesser extent, upon delivery to the customer if the terms of the sale are FOB destination. Net sales represent gross sales invoiced to customers, less certain related charges, including sales tax, discounts, returns and other allowances. Returns, discounts and other allowances have historically been insignificant. In a small number of cases and upon customer request, the Company prints and stores commercial printing product for customer specified future delivery, generally within the same year as the product is manufactured. In this case, revenue is recognized upon the transfer of control when manufacturing is complete and title and risk of ownership is passed to the customer while the inventory remains in the Company's warehouses. Approximately $ 15.5 million, $ 17.1 million and $ 14.6 million of revenue was recognized under these arrangements during fiscal years 2024, 2023 and 2022, respectively. Storage revenue for certain customers may be recognized over time rather than at a point in time. The amount of storage revenue is immaterial to the Consolidated Financial Statements. As the output method for measure of progress is determined to be appropriate, the Company recognizes revenue in the amount for which it has the right to invoice for revenue that is recognized over time and for which it demonstrates that the invoiced amount corresponds directly with the value to the customer for the performance completed to date. The Company does not disaggregate revenue and operates in one sales category consisting of customized commercial printed products, which is reported as net sales on the consolidated statements of operations. The Company does not have material contract assets and contract liabilities as of February 29, 2024 and February 28, 2023. Significant Judgments Generally, the Company’s contracts with customers are comprised of a written quote and customer purchase order or statement of work, and governed by the Company’s trade terms and conditions. In certain instances, it may be further supplemented by separate pricing agreements and customer incentive arrangements, which typically only affect the contract’s transaction price. Contracts do not contain a significant financing component as payment terms on invoiced amounts are typically between 30 to 90 days , based on the Company’s credit assessment of individual customers, as well as industry expectations. Product returns are not significant as the bulk of our sales are custom in nature. From time to time, the Company may offer incentives to its customers considered to be variable consideration including volume-based rebates or early payment discounts. Customer incentives considered to be variable consideration are recorded as a reduction to revenue as part of the transaction price at contract inception when there is a basis to reasonably estimate the amount of the incentive and only to the extent that it is probable that a significant reversal of any incremental revenue will not occur. Customer incentives are allocated entirely to the single performance obligation of transferring printed product to the customer and are not considered material. For customers with terms of FOB shipping point, the Company accounts for shipping and handling activities performed after the control of the printed product has been transferred to the customer as a fulfillment cost. The Company accrues for the costs of shipping and handling activities if revenue is recognized before contractually agreed shipping and handling activities occur. The Company’s contracts with customers are generally short-term in nature. Accordingly, the Company does not disclose the value of unsatisfied performance obligations nor the timing of revenue recognition. Advertising Expenses . The Company expenses advertising costs as incurred. Catalog and brochure preparation and printing costs, which are considered direct response advertising, are amortized to expense over the life of the catalog, which typically ranges from three to twelve months . Advertising expense was approximately $ 0.5 million, $ 0.6 million and $ 0.9 million during the fiscal years ended 2024, 2023 and 2022, respectively, and is included in selling, general and administrative expenses in the Consolidated Statements of Operations. Income Taxes. Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carry forwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. In the event the Company determines that its deferred tax assets, more likely than not, will not be realized in the future, the valuation adjustment to the deferred tax assets will be charged to earnings in the period in which the Company makes such a determination. Earnings Per Share . Basic earnings per share is computed by dividing net earnings by the weighted average number of common shares outstanding during the period. Diluted earnings per share is computed by dividing net earnings by the weighted average number of common shares outstanding, and then adding the number of additional shares that would have been outstanding if potentially dilutive securities had been issued. This is calculated using the treasury stock method. No options were outstanding at the end of fiscal years 2024, 2023 and 2022. The dilutive shares for restricted stock grants are included in the computation for basic and diluted earnings per share. Accumulated Other Comprehensive Loss . Accumulated other comprehensive loss is defined as the change in equity resulting from transactions from non-owner sources. Other comprehensive income consisted of changes in the funded status of the Company’s pension plan. Estimates. The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from these estimates. Shipping and Handling Costs. The Company records amounts billed to customers for shipping and handling costs in net sales and related costs are included in cost of goods sold. Stock Based Compensation. The Company recognizes stock based compensation expense over the requisite service period of the individual grants, which generally equals the vesting period. Actual forfeitures are recorded when they occur. The fair value of all share based awards is estimated on the date of grant. Issued accounting standards not yet adopted In November 2023, the FASB issued ASU No. 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures, which aims to improve disclosures about a public entity’s reportable segments. This update addresses requests from investors for more detailed information about a reportable segment’s expenses in order to improve understanding of a public entity’s business activities, overall performance, and potential future cash flows. The amendments in this ASU include a requirement for public business entities to disclose, on an annual and interim basis, significant segment expenses that are regularly provided to the chief operating decision maker (CODM) and are included within each reported measure of segment profit or loss. This update is effective for fiscal years beginning after December 15, 2023, and interim periods within those fiscal years starting after December 15, 2024. This ASU must be applied retrospectively to all prior periods presented. Management expects the adoption of the pronouncement will result in additional segment disclosures in its Consolidated Financial Statements for fiscal year 2025. In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures, which expands disclosures in a public entity’s income tax rate reconciliation table and other disclosures regarding cash taxes paid both in the U.S. and foreign jurisdictions. This ASU is effective for annual periods beginning after December 15, 2024 (fiscal 2026 for the Company), but early adoption is permitted. This ASU should be applied on a prospective basis, although retrospective application is permitted. The Company is assessing the effect of this update on its Consolidated Financial Statements and related disclosures. Proposed accounting standards In July 2023, the FASB issued Proposed ASU No. 2023-ED500, Income Statement-Reporting Comprehensive Income-Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses, which aims to provide investors with more useful information about an entity’s expenses by improving disclosures on income statement expenses. The amendments in this Proposed ASU would require public business entities to disclose disaggregated information about specific categories underlying certain income statement expense line items. The Company is evaluating this proposed accounting standard. Recently adopted accounting standards None.

Accounts Receivable and Allowan

Accounts Receivable and Allowance for Credit Losses	12 Months Ended
	Feb. 29, 2024
Receivables [Abstract]
Accounts Receivable and Allowance for Credit Losses	(2) Accounts Receivable and Allowance for Credit Losses Accounts receivable are reduced by an allowance for an estimate of amounts that are uncollectible. Substantially all of the Company’s receivables are due from customers in North America. The Company extends credit to its customers based upon its evaluation of the following factors: (i) the customer’s financial condition, (ii) the amount of credit the customer requests, and (iii) the customer’s actual payment history (which includes disputed invoice resolution). The Company does not typically require its customers to post a deposit or supply collateral. The Company’s allowance for credit losses is based on an analysis that estimates the amount of its total customer receivable balance that is not collectible. This analysis includes assessing a default probability to customers’ receivable balances, which is influenced by several factors including (i) current market conditions, (ii) periodic review of customer credit worthiness, and (iii) review of customer receivable aging and payment trends. The Company writes off accounts receivable when they become uncollectible, and payments subsequently received on such receivables are credited to the allowance in the period the payment is received. Credit losses have consistently been within management’s expectations. The following table represents the activity in the Company’s allowance for credit losses for the fiscal years ended (in thousands): 2024 2023 2022 Balance at beginning of year $ 1,710 $ 1,200 $ 961 Bad debt expense, net of recoveries 693 663 429 Accounts written off ( 696 ) ( 153 ) ( 190 ) Balance at end of year $ 1,707 $ 1,710 $ 1,200 February 29, February 28, 2024 2023 Trade Receivables, net of allowance for credit losses $ 39,665 $ 44,645 Vendor Rebates 3,109 4,354 Notes Receivable 4,435 4,508 $ 47,209 $ 53,507 The note receivable related to the sale of an unused manufacturing facility and was structured to be paid in 12 consecutive monthly installments, with a fixed interest rate of 5.95 % per annum and a balloon payment due upon completion of the final payment. By mutual agreement, the note has been extended beyond the one-year maturity date due to regulatory delays in clearing the facility for third-party financing.

Short-term Investments and Fair

Short-term Investments and Fair Value Measurements	12 Months Ended
	Feb. 29, 2024
Short-Term Investments [Abstract]
Short-term Investments and Fair Value Measurements	(3) Short-term Investments and Fair Value Measurements Short-term investments are securities with original maturities of greater than three months but less than twelve months and are comprised of U.S. Treasury Bills. The Company determines the classification of these securities as trading, available for sale or held-to-maturity at the time of purchase and re-evaluates these determinations at each balance sheet date. The Company's short-term investments are classified as held-to-maturity for the period presented as it has the positive intent and ability to hold these investments to maturity. The Company's held-to-maturity investments are stated at amortized cost, which approximated fair value, and are periodically assessed for other-than-temporary impairment. Amortized cost and estimated fair value of investment securities classified as held-to-maturity were as follows at February 29, 2024 (in thousands): February 29, 2024 Gross Gross Cost or Unrealized Unrealized Estimated Amortized Holding Holding Fair Cost Gains Losses Value February 29, 2024 Investment securities due in less than one year $ 29,325 $ - $ 45 $ 29,280 February 28, 2023 Investment securities due in less than one year $ - $ - $ - $ - The Company’s short-term investments in investment securities are Level 1 fair value measure due to the active trading of U.S. Treasury bills. The Company did not hold any Level 2 or 3 financial assets or liabilities measured at fair value on a recurring basis. There were no transfers between levels during the fiscal year ended February 29, 2024 .

Inventories

Inventories	12 Months Ended
	Feb. 29, 2024
Inventory Disclosure [Abstract]
Inventories	(4) Inventories The following table summarizes the components of inventories at the different stages of production as of February 29, 2024 and February 28, 2023 (in thousands): 2024 2023 Raw material $ 21,764 $ 30,308 Work-in-process 5,621 6,174 Finished goods 12,652 10,352 $ 40,037 $ 46,834 Reserves for excess and obsolete inventory at fiscal years ended 2024 and 2023 were $ 1.3 million and $ 1.6 million, respectively. The excess of current costs at FIFO over LIFO stated values was approximately $ 5.9 million and $ 6.7 million as of fiscal years ended 2024 and 2023, respectively. During both fiscal year 2024 and 2023, as inventory quantities were reduced, this resulted in a liquidation of LIFO inventory quantities carried at lower costs prevailing in prior years compared with the cost of fiscal years 2023 and 2022, as applicable. The effect decreased cost of sales by approximately $ 0.6 million, $ 0.3 million and $ 0.9 million for fiscal years 2024, 2023 and 2022, respectively. Cost includes materials, labor and overhead related to the purchase and production of inventories.

Acquisitions

Acquisitions	12 Months Ended
	Feb. 29, 2024
Business Combinations [Abstract]
Acquisitions	(5) Acquisitions The Company applies the acquisition method of accounting for business combinations. Under the acquisition method, the acquiring entity in a business combination recognizes 100 % of the assets acquired and liabilities assumed at their acquisition date fair values. Management utilizes valuation techniques appropriate for the asset or liability being measured in determining these fair values. Any excess of the purchase price over amounts allocated to assets acquired, including identifiable intangible assets, and liabilities assumed is recorded as goodwill. Where amounts allocated to assets acquired and liabilities assumed is greater than the purchase price, a bargain purchase gain is recognized. Acquisition-related costs are expensed as incurred. Acquisition of Eagle Graphics and Diamond Graphics On October 11, 2023, the Company acquired the assets and business of Eagle Graphics, Inc. ("Eagle"), which is based in Annville, Pennsylvania, and Diamond Graphics, Inc. ("Diamond"), which is based in Bensalem, Pennsylvania, for approximately $ 7.9 million in cash. The Company performed an allocation of the total estimated consideration and recorded the underlying assets acquired (including certain identified intangible assets) and liabilities assumed based on the estimated fair values prepared by management using the information available as of the acquisition date. All goodwill of $ 0.2 million recognized as a part of this acquisition is deductible for tax purposes. The Company also recorded intangible assets with definite lives of approximately $ 0.8 million in connection with the transaction, which are also deductible for tax purposes. The acquisition of Eagle and Diamond strengthens our production capabilities to serve our customers in the Northeast United States. The following table summarizes the Company's purchase price allocation for Eagle and Diamond as of the acquisition date (in thousands): Accounts receivable $ 838 Inventories 917 Property, plant and equipment 5,304 Goodwill and intangibles 971 Accounts payable and accrued liabilities ( 159 ) Acquisition price $ 7,871 Acquisition of UMC Print On June 2, 2023, the Company acquired the assets and business of UMC Print ("UMC"), which is based in Overland Park, Kansas, for approximately $ 7.5 million in cash plus the assumption of trade payables of approximately $ 0.8 million. The Company performed an allocation of the total estimated consideration and recorded the underlying assets acquired (including certain identified intangible assets) and liabilities assumed based on the estimated fair values prepared by management using the information available as of the acquisition date. In January 2024, the Company received an indemnity claim from escrow related to a piece of equipment in the amount of $ 0.2 million. All goodwill of $ 0.2 million recognized as a part of this acquisition is deductible for tax purposes. The Company also recorded intangible assets with definite lives of approximately $ 2.7 million in connection with the transaction, which are also deductible for tax purposes. The acquisition of UMC brings the Company expanded commercial print capabilities serving customers throughout the Midwest United States. The following table summarizes the Company's purchase price allocation for UMC as of the acquisition date (in thousands): Cash $ 758 Accounts receivable 1,839 Inventories 553 Property, plant and equipment 2,137 Goodwill and intangibles 2,971 Accounts payable and accrued liabilities ( 789 ) Acquisition price $ 7,469 Acquisition of Stylecraft Printing On May 23, 2023, the Company acquired the real estate and operations of Stylecraft Printing Company ("Stylecraft"), which is based in Canton, Michigan, for $ 5.0 million plus the assumption of trade payables. The Company performed an allocation of the total estimated consideration and recorded the underlying assets acquired (including certain identified intangible assets) and liabilities assumed based on their estimated fair values using the information available as of the acquisition date. All goodwill of $ 0.2 million recognized as a part of this acquisition is deductible for tax purposes. The Company also recorded intangible assets with definite lives of approximately $ 0.3 million in connection with the transaction, which are also deductible for tax purposes. The acquisition of Stylecraft expands the Company's product lines and footprint specializing in business forms, integrated products and commercial printing. The following table summarizes the Company's purchase price allocation for Stylecraft as of the acquisition date (in thousands): Accounts receivable $ 554 Inventories 849 Right-of-use asset 28 Property, plant and equipment 3,160 Goodwill and intangibles 476 Operating lease liability ( 28 ) Accounts payable and accrued liabilities ( 12 ) Acquisition price $ 5,027 Acquisition of School Photo Marketing On November 30, 2022, the Company acquired the assets and business from School Photo Marketing ("SPM"), which is based in Morganville, New Jersey, for $ 8.8 million (with additional potential earn-out consideration of up to $ 1,000,000 over a four-year period upon the attainment of specified financial benchmarks) plus the assumption of trade payables, subject to certain adjustments. At February 29, 2024 and February 28, 2023, the contingent earn-out liability amounted to $ 0.0 million and $ 0.8 million, respectively. The seller shall receive fifty percent ( 50 %) of Company's annual earnings from the business, before interest and taxes in excess of $ 1.4 million. The Company performed an allocation of the total estimated consideration and recorded the underlying assets acquired (including certain identified intangible assets) and liabilities assumed based on their estimated fair values using our best estimates and assumptions as of the acquisition date. All goodwill of $ 3.1 million recognized as a part of this acquisition is deductible for tax purposes. The Company also recorded intangible assets with definite lives of approximately $ 5.1 million in connection with the transaction, which are also deductible for tax purposes. The acquisition of SPM brings printing, yearbook publishing and marketing related services to over 1,400 school and sports photographers servicing schools around the United States. The following table summarizes the Company's aggregate purchase price allocation for SPM as of the acquisition date (in thousands): Accounts receivable $ 1,403 Inventories 516 Other assets 84 Right-of-use asset 487 Property, plant & equipment 250 Goodwill and intangibles 8,262 Accounts payable and accrued liabilities ( 1,748 ) Operating lease liability ( 487 ) $ 8,767 The results of operations for SPM, Stylecraft, UMC, Eagle and Diamond are included in the Company’s Consolidated Financial Statements from the respective dates of acquisition. The following table sets forth certain operating information on a pro forma basis as though the respective acquisition had occurred as of the beginning of the comparable prior period. The following pro forma information for fiscal year 2024 and 2023 includes Eagle, Diamond, UMC and Stylecraft, fiscal year 2022 includes SPM. The pro forma information includes the estimated impact of adjustments such as amortization of intangible assets, depreciation expense and interest expense and related tax effects (in thousands, except per share amounts). Unaudited Unaudited Unaudited 2024 2023 2022 Pro forma net sales $ 430,470 $ 464,625 $ 408,323 Pro forma net earnings 43,994 52,088 29,549 Pro forma earnings per share - diluted $ 1.70 2.01 $ 1.13 The pro forma results are not necessarily indicative of what would have occurred if the acquisition had been in effect for the period presented.

Leases

Leases	12 Months Ended
	Feb. 29, 2024
Leases [Abstract]
Leases	(6) Leases The Company leases certain of its facilities and equipment under operating leases, which are recorded as right-of-use assets and lease liabilities. The Company’s leases generally have terms of 1 - 5 years , with certain leases including renewal options to extend the leases for additional periods at the Company’s discretion. At lease inception, all renewal options reasonably certain to be exercised are considered when determining the lease term. The Company currently does not have leases that include options to purchase or provisions that would automatically transfer ownership of the leased property to the Company. Operating lease expense is recognized on a straight-line basis over the lease term, and variable lease payments are expensed as incurred. The Company had no variable lease costs for the fiscal years ended 2023 and 2024. The Company determines whether a contract is or contains a lease at the inception of the contract. A contract will be deemed to be or contain a lease if the contract conveys the right to control and direct the use of identified property, plant, or equipment for a period of time in exchange for consideration. The Company generally must also have the right to obtain substantially all of the economic benefits from the use of the property, plant, and equipment. Operating lease assets and liabilities are recognized at the lease commencement date based on the present value of lease payments over the lease term. To determine the present value of lease payments not yet paid, the Company estimates incremental borrowing rates based on the information available at lease commencement date as rates are not implicitly stated in most leases. Lease expense is recognized in cost of sales and selling, general and administrative expense within the consolidated statements of operations, based on the underlying nature of the leased asset. Components of lease expense for the three fiscal years ended (in thousands): 2024 2023 2022 Operating lease cost $ 5,632 $ 5,974 $ 6,217 Supplemental cash flow information related to leases was as follows: Cash paid for amounts included in the measurement of operating lease liabilities $ 5,669 $ 5,987 $ 6,196 Right-of-use assets obtained in exchange for operating lease obligations $ 916 $ 3,065 $ 3,441 Weighted Average Remaining Lease Terms Operating leases 2.5 Years 3.0 Years 3.4 Years Weighted Average Discount Rate Operating leases 4.08 % 3.86 % 3.63 % Future minimum lease commitments under non-cancelable operating leases for each of the fiscal years ending are as follows (in thousands): Operating Lease Commitments 2025 $ 4,593 2026 3,355 2027 1,487 2028 496 2029 167 Thereafter - Total future minimum lease payments $ 10,098 Less imputed interest 524 Present values of lease liabilities $ 9,574

Goodwill and Intangible Assets

Goodwill and Intangible Assets	12 Months Ended
	Feb. 29, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	(7) Goodwill and Intangible Assets Goodwill represents the excess of the purchase price over the fair value of net assets of acquired businesses and is not amortized. Goodwill and other intangible assets are tested for impairment at a reporting unit level. The annual impairment test of goodwill and intangible assets is performed as of December 1 of each fiscal year. The Company uses qualitative factors to determine whether it is more likely than not (likelihood of more than 50%) that the fair value of a reporting unit exceeds its carrying amount, including goodwill. Some of the qualitative factors considered in applying this test include consideration of macroeconomic conditions, industry and market conditions, cost factors affecting the business, overall financial performance of the business, and performance of the share price of the Company. If qualitative factors are not deemed sufficient to conclude that the fair value of the reporting unit more likely than not exceeds its carrying value, then a one-step approach is applied in making an evaluation. The evaluation utilizes multiple valuation methodologies, including a market approach (market price multiples of comparable companies) and an income approach (discounted cash flow analysis). The computations require management to make significant estimates and assumptions, including, among other things, selection of comparable publicly traded companies, the discount rate applied to future earnings reflecting a weighted average cost of capital, and earnings growth assumptions. A discounted cash flow analysis requires management to make various assumptions about future sales, operating margins, capital expenditures, working capital, and growth rates. If the evaluation results in the fair value of the goodwill for the reporting unit being lower than the carrying value, an impairment charge is recorded. A goodwill impairment charge was no t required for fiscal years 2024 or 2023. Definite-lived intangible assets are amortized over their estimated useful lives and tested for impairment if events or changes in circumstances indicate that the asset may be impaired. The carrying amount and accumulated amortization of the Company’s intangible assets at each balance sheet date are as follows (in thousands): Weighted Average Remaining Gross Life Carrying Accumulated As of February 29, 2024 (in years) Amount Amortization Net Definite-lived intangible assets Trademarks and trade names 7.6 $ 29,817 $ 14,366 $ 15,451 Customer lists 5.1 81,753 59,473 22,280 Non-compete 1.6 238 176 62 Technology 5.8 650 116 534 Total 6.1 $ 112,458 $ 74,131 $ 38,327 As of February 28, 2023 Definite-lived intangible assets Trademarks and trade names 10.1 $ 28,977 $ 12,294 $ 16,683 Customer lists 5.4 80,733 54,020 26,713 Non-compete 2.7 210 145 65 Technology 6.7 650 23 627 Total 7.2 $ 110,570 $ 66,482 $ 44,088 Aggregate amortization expense for each of the fiscal years 2024, 2023 and 2022 was approximately $ 7.6 million, $ 7.2 million and $ 8.4 million, respectively. The Company’s estimated amortization expense for the next five fiscal years is as follows (in thousands): 2025 $ 7,569 2026 6,945 2027 5,856 2028 4,360 2029 3,725 Changes in the net carrying amount of goodwill for fiscal years 2024 and 2023 are as follows (in thousands): Balance as of March 1, 2022 $ 88,677 Goodwill acquired 3,142 Balance as of February 28, 2023 91,819 Goodwill acquired 2,530 Balance as of February 29, 2024 $ 94,349 During fiscal year 2024, $ 2.5 million was added to goodwill related to the acquisitions of Stylecraft, UMC, Eagle and Diamond. During fiscal year 2023, $ 3.1 million was added to goodwill related to the acquisition of SPM.

Accrued Expenses

Accrued Expenses	12 Months Ended
	Feb. 29, 2024
Payables and Accruals [Abstract]
Accrued Expenses	(8) Accrued Expenses The following table summarizes the components of other accrued expenses for the fiscal years ended (in thousands): February 29, February 28, 2024 2023 Employee compensation and benefits $ 13,714 $ 14,823 Taxes other than income 1,341 1,154 Accrued legal and professional fees 510 376 Accrued utilities 108 129 Accrued acquisition related obligations 200 - Income taxes payable 626 552 Other accrued expenses 1,042 1,033 $ 17,541 $ 18,067

Credit Facility

Credit Facility	12 Months Ended
	Feb. 29, 2024
Debt Disclosure [Abstract]
Credit Facility	(9) Credit Facility As of February 29, 2024 , the Company has $ 0.3 million outstanding under a standby letters of credit arrangement secured by a cash collateral bank account.

Shareholders' Equity

Shareholders' Equity	12 Months Ended
	Feb. 29, 2024
Equity [Abstract]
Shareholders' Equity	(10) Shareholders’ Equity The Board has authorized the repurchase of the Company’s outstanding common stock through a stock repurchase program, which authorized amount is currently up to $ 60.0 million in the aggregate. Under the repurchase program, purchases may be made from time to time in the open market or through privately negotiated transactions depending on market conditions, share price, trading volume and other factors. Such purchases, if any, will be made in accordance with applicable insider trading and other securities laws and regulations. These repurchases may be commenced or suspended at any time or from time to time without prior notice. During the fiscal years ended February 29, 2024 and February 28, 2023, the Company repurchased 29,350 and 64,082 shares of common stock under the program at an average price of $ 19.96 and $ 17.46 per share, respectively. Since the program’s inception in October 2008, there have been 2,242,461 common shares repurchased at an average price of $ 16.34 per share. As of February 29, 2024, there was $ 23.4 million available to repurchase shares of the Company’s common stock under the program.

Stock Option Plan and Stock Bas

Stock Option Plan and Stock Based Compensation	12 Months Ended
	Feb. 29, 2024
Share-Based Payment Arrangement [Abstract]
Stock Option Plan and Stock Based Compensation	(11) Stock Option Plan and Stock Based Compensation The Company grants stock options, restricted stock and restricted stock units (“RSUs”) to key executives and managerial employees and non-employee directors. Prior to June 30, 2021, the Company had one stock incentive plan, the 2004 Long-Term Incentive Plan of Ennis, Inc., as amended and restated as of May 18, 2008 and was further amended on June 30, 2011 (the "Old Plan"). The Old Plan expired June 30, 2021 and all remaining unused shares expired. Subject to the affirmative vote of the shareholders, the Board adopted the 2021 Long-Term Incentive Plan of Ennis, Inc. (the "New Plan") on April 16, 2021 authorizing 1,033,648 shares of common stock for awards. The New Plan was approved by the shareholders at the Annual Meeting on July 15, 2021 by a majority vote. The New Plan expires June 30, 2031 and all unissued stock will expire on that date. At fiscal year ended February 29, 2024 , the Company has 626,683 shares of unissued common stock reserved under the New Plan for issuance and uses treasury stock to satisfy option exercises and restricted stock awards. The Company recognizes compensation expense for stock options and restricted stock grants on a straight-line basis over the requisite service period. For the fiscal years ended 2024, 2023 and 2022, the Company included in selling, general and administrative expenses, compensation expense related to share based compensation of $ 1.2 million, $ 2.8 million and $ 2.8 million, respectively. Stock Options The following is a summary of the assumptions used and the weighted average grant-date fair value of the stock options granted during the fiscal year ended February 29, 2024. February 29, 2024 Expected volatility 19.55 % Expected term (years) 3 Risk free interest rate 3.87 % Dividend Yield 4.94 % Weighted average grant-date fair value $ 2.47 A summary of the status of the Company’s unvested stock options at February 29, 2024 are presented below: Weighted Average Number Grant Date of Options Fair Value Unvested at March 1, 2023 — — New grants 52,500 2.47 Vested — — Forfeited — — Unvested at February 29, 2024 52,500 2.47 As of February 29, 2024 , there was $ 0.1 million of unrecognized compensation cost related to unvested stock options granted under the Plan. The weighted average remaining requisite service period of the unvested stock options was 2.1 years. Restricted Stock The following occurred with respect to the Company’s restricted stock awards for each of the three fiscal years ended February 29, 2024: Weighted Average Number of Grant Date Shares Fair Value Outstanding at March 1, 2021 119,729 $ 18.90 Granted 51,920 20.30 Terminated — 19.00 Vested ( 104,485 ) 19.70 Outstanding at February 28, 2022 67,164 $ 18.73 Granted 22,000 19.78 Terminated — 19.78 Vested ( 39,381 ) 19.00 Outstanding at February 28, 2023 49,783 $ 18.99 Granted 21,672 20.31 Terminated — — Vested ( 29,324 ) 18.36 Outstanding at February 29, 2024 42,131 $ 20.11 The total fair value of restricted stock awards vested during fiscal 2024, 2023 and 2022 were $ 0.6 million, $ 0.8 million, and $ 2.1 million, respectively. As of February 29, 2024 , the total remaining unrecognized compensation cost related to unvested restricted stock was approximately $ 0.6 million. The weighted average remaining requisite service period of the unvested restricted stock awards was 1.7 years. As of February 29, 2024 , the Company’s outstanding restricted stock had an underlying fair value of $ 0.9 million at date of grant. Restricted Stock Units During fiscal year 2024, no RSUs were granted under the New Plan. The fair value of the time-based RSUs are estimated based on the fair market value of the Company’s stock on the date of grant. The fair value of the performance-based RSUs, using a Monte Carlo valuation model, was $ 23.17 per unit. The performance measures include a threshold, target and maximum performance level providing the grantees an opportunity to receive more or less shares than targeted depending on actual financial performance. The award will be based on the Company’s return on equity, EBITDA and adjusted for the Company’s Relative Shareholder Return as measured against a defined peer group. The performance-based RSUs will vest no later than March 15, 2024, which is the deadline for the Compensation Committee to determine the extent of the Company’s attainment of the Performance Goals during the Performance Period that ends on February 29, 2024. The time-based RSUs vest ratably over two to three years from the date of grant. The following occurred with respect to the Company’s restricted stock units ("RSUs") for fiscal years 2022, 2023 and 2024: Time-based Performance-based Weighted Weighted Average Average Number of Grant Date Number of Grant Date Shares Fair Value Shares Fair Value Outstanding at March 1, 2021 — $ — — $ — Granted 44,494 20.38 177,977 23.17 Terminated ( 9,423 ) 20.38 ( 37,690 ) 23.17 Vested — — — — Outstanding at February 28, 2022 35,071 $ 20.38 140,287 23.17 Granted 9,893 19.47 93,532 23.17 Terminated — — — — Vested ( 11,690 ) 20.38 — — Outstanding at February 28, 2023 33,274 $ 20.11 233,819 $ 23.17 Granted — — — — Terminated — — ( 81,247 ) 20.32 Vested ( 16,635 ) 20.11 — — Outstanding at February 29, 2024 16,639 $ 20.11 152,572 $ 23.17 The total fair value of restricted stock unit awards vested during fiscal 2024 and 2023 were $ 0.3 million, $ 0.2 million. There were no restricted stock unit awards vested during fiscal 2022. As of February 29, 2024 , the total remaining unrecognized compensation cost of time-based RSUs was approximately $ 43,000 over a weighted average remaining requisite service period of 0.5 years. The total remaining unrecognized compensation of performance-based RSUs was approximately $ 0.2 million over a weighted average remaining requisite service period of 0.3 years. As of February 29, 2024 , the Company’s outstanding RSUs had an underlying fair value of $ 3.9 million at date of grant.

Benefit Plans

Benefit Plans	12 Months Ended
	Feb. 29, 2024
Retirement Benefits [Abstract]
Benefit Plans	(12) Benefit Plans Pension Plan The Company and certain subsidiaries have a noncontributory defined benefit retirement plan (the “Pension Plan”), covering approximately 12 % of aggregate employees. Benefits are based on years of service and the employee’s average compensation for the highest five compensation years preceding retirement or termination. Effective January 1, 2009, the Company amended the Pension Plan to exclude any new employees from participation in the Pension Plan. Eligible employees who were hired before January 1, 2009 are still eligible to participate and participating employees continue to accrue benefit service. The Company’s funding policy is to contribute annually an amount in accordance with the requirements of the Employee Retirement Income Security Act of 1974 (“ERISA”). The Company’s Pension Plan asset allocation, by asset category, is as follows for the fiscal years ended: 2024 2023 Equity securities 43 % 52 % Debt securities 51 % 44 % Cash and cash equivalents 6 % 4 % Total 100 % 100 % The Company adopted a dynamic asset allocation plan ("Glide Path") which assists in optimizing the volatility of the Pension Plan's funded status over the long term. Glide Path is a schedule of planned asset allocation shifts, dependent upon changes in the Pension Plan's funded status. It is expected that the allocation to Liability Hedge Assets (Fixed Income) will increase as the funded status of the Pension Plan improves. The Company’s target asset allocation percentage, by asset class, for the year ended February 29, 2024 is as follows: Asset Class Target Cash 1 – 5 % Fixed Income 44 – 64 % Equity 34 – 54 % The Company estimates the long-term rate of return on Pension Plan assets will be 6.0 % based upon target asset allocation. Expected returns are developed based upon the information obtained from the Company’s investment advisors. The advisors provide ten-year historical and five-year expected returns on the fund in the target asset allocation. The return information is weighted based upon the asset allocation at the end of the fiscal year. The expected rate of return at the beginning of fiscal year ended 2024 was 6.0%. The rate used in the calculation of fiscal year ended 2023 pension expense was 6.5 %. The following tables present the Pension Plan’s fair value hierarchy for those assets measured at fair value as of February 29, 2024 and February 28, 2023 (in thousands): February 29, 2024 Description Total (Level 1) (Level 2) (Level 3) Cash and cash equivalents $ 3,275 $ 3,275 $ — $ — Government bonds 10,029 — 10,029 — Corporate bonds 16,215 — 16,215 — Domestic equities 19,711 19,711 — — Foreign equities 2,586 2,586 — — $ 51,816 $ 25,572 $ 26,244 $ — February 28, 2023 Description Total (Level 1) (Level 2) (Level 3) Cash and cash equivalents $ 2,093 $ 2,093 $ — $ — Government bonds 9,793 — 9,793 — Corporate bonds 15,797 — 15,797 — Domestic equities 16,833 16,833 — — Foreign equities 4,726 4,726 — — $ 49,242 $ 23,652 $ 25,590 $ — Fair value estimates are made at a specific point in time, based on available market information and judgments about the financial asset, including estimates of timing, amount of expected future cash flows, and the credit standing of the issuer. In some cases, the fair value estimates cannot be substantiated by comparison to independent markets. The disclosed fair value may not be realized in the immediate settlement of the financial asset. In addition, the disclosed fair values do not reflect any premium or discount that could result from offering for sale at one time an entire holding of a particular financial asset. Potential taxes and other expenses that would be incurred in an actual sale or settlement are not reflected in amounts disclosed. Pension expense is composed of the following components included in cost of goods sold and selling, general and administrative expenses in the Company’s consolidated statements of operations for fiscal years ended (in thousands): 2024 2023 2022 Components of net periodic benefit cost Service cost $ 673 $ 944 $ 1,075 Interest cost 2,456 1,967 1,682 Expected return on plan assets ( 3,104 ) ( 3,699 ) ( 3,723 ) Amortization of: Unrecognized net loss 1,896 2,409 2,558 Settlement charge — 1,273 1,097 Net periodic benefit cost 1,921 2,894 2,689 Other changes in Plan Assets and Projected Recognized in Other comprehensive loss (income) Net actuarial loss (gain) 449 ( 2,295 ) 1,396 Amortization of net actuarial loss ( 1,896 ) ( 3,682 ) ( 3,655 ) ( 1,447 ) ( 5,977 ) ( 2,259 ) Total recognized in net periodic pension cost and 474 $ ( 3,083 ) $ 430 The following table represents the assumptions used to determine benefit obligations and net periodic pension cost for fiscal years ended: 2024 2023 2022 Weighted average discount rate (net periodic 5.00 % 3.10 % 2.65 % Earnings progression (net periodic pension cost) 3.00 % 3.00 % 3.00 % Expected long-term rate of return on plan assets 6.00 % 6.50 % 6.50 % Weighted average discount rate (benefit 5.15 % 5.00 % 3.10 % Earnings progression (benefit obligations) 3.00 % 3.00 % 3.00 % During the fiscal year ended 2023, the Company adopted the MP-2021 improvement scale (mortality rate assumption) to determine their benefit obligations under the Pension Plan. The accumulated benefit obligation (“ABO”), change in projected benefit obligation (“PBO”), change in Pension Plan assets, funded status, and reconciliation to amounts recognized in the consolidated balance sheets are as follows (in thousands): 2024 2023 Change in benefit obligation Projected benefit obligation at beginning of year $ 49,888 $ 64,752 Service cost 673 944 Interest cost 2,456 1,967 Actuarial (gain) loss 1,572 ( 12,824 ) Other assumption change ( 122 ) 69 Benefits paid ( 2,731 ) ( 4,885 ) Settlement — ( 135 ) Projected benefit obligation at end of year $ 51,736 $ 49,888 Change in plan assets: Fair value of plan assets at beginning of year $ 49,242 $ 59,023 Company contributions 1,200 2,000 Gain on plan assets 4,105 ( 6,896 ) Benefits paid ( 2,731 ) ( 4,885 ) Fair value of plan assets at end of year $ 51,816 $ 49,242 Funded (unfunded) status $ 80 $ ( 646 ) Accumulated benefit obligation at end of year $ 48,438 $ 46,904 The measurement dates of actuarial valuations used to determine pension and other postretirement benefits is the Company’s fiscal year end. In the third quarter of fiscal years 2023 and 2022, lump sum distributions of $ 2.1 million and $ 1.9 million were made to plan participants and resulted in a non-cash settlement charge of $ 0.8 million and $ 0.8 million, respectively. The Company made a $ 1.2 million and $ 2.0 million contribution to the Pension Plan during fiscal years 2024 and 2023, respectively. Depending on the Pension Plan’s projected funding status, the Company expects to contribute between $ 1.0 million and $ 3.0 million to the Pension Plan during fiscal year 2025. Estimated future benefit payments which reflect expected future service, as appropriate, are expected to be paid to the Pension Plan participants in the fiscal years ended (in thousands): Year Projected Payments 2025 $ 3,200 2026 3,900 2027 3,800 2028 3,300 2029 4,400 2030 – 2034 20,100 401(k) Plan Effective February 1, 1994, the Company adopted a Defined Contribution 401(k) Plan (the “401(k) Plan”) for its United States employees. The 401(k) Plan covers substantially all full-time employees who have completed sixty days of service and attained the age of eighteen. United States employees can contribute up to 100 percent of their annual compensation, but are limited to the maximum annual dollar amount allowable under the Internal Revenue Code. The 401(k) Plan provides for employer matching contributions or discretionary employer contributions for certain employees not enrolled in the Pension Plan for employees of the Company. Eligibility for employer contributions, matching percentage, and limitations depends on the participant’s employment location and whether the employees are covered by the Pension Plan, among other factors. The Company’s matching contributions are immediately vested. The Company made matching 401(k) contributions in the amount of $ 1.9 million, $ 1.9 million and $ 2.0 million in fiscal years ended 2024, 2023 and 2022, respectively.

Income Taxes

Income Taxes	12 Months Ended
	Feb. 29, 2024
Income Tax Disclosure [Abstract]
Income Taxes	(13) Income Taxes The following table represents components of the provision for income taxes for fiscal years ended (in thousands): 2024 2023 2022 Current: Federal $ 13,842 $ 15,784 $ 7,284 State and local 4,337 3,647 2,516 Total current 18,179 19,431 9,800 Deferred: Federal ( 1,133 ) ( 1,341 ) 3,004 State and local ( 520 ) ( 460 ) 158 Total deferred ( 1,653 ) ( 1,801 ) 3,162 Total provision for income taxes $ 16,526 $ 17,630 $ 12,962 The following summary reconciles the statutory U.S. federal income tax rate to the Company’s effective tax rate for the fiscal years ended: 2024 2023 2022 Statutory rate 21.0 % 21.0 % 21.0 % Provision for state income taxes, net of federal 4.3 3.9 5.8 Federal true-up 1.8 1.5 0.3 Stock compensation and Section 162(m) limitation 0.9 0.8 3.8 28.0 % 27.2 % 30.9 % Deferred taxes are recorded to give recognition to temporary differences between the tax basis of assets and liabilities and their reported amounts in the financial statements. The tax effects of these temporary differences are recorded as deferred tax assets and deferred tax liabilities. Deferred tax assets generally represent items that can be used as a tax deduction or credit in future years. Deferred tax liabilities generally represent items that have been deducted for tax purposes, but have not yet been recorded in the consolidated statements of operations. To the extent there are deferred tax assets that are more likely than not to be realized, a valuation allowance would be recorded. Management does not expect to be able to utilize the foreign tax credit before it expires in 2026. Therefore, a full valuation allowance was established in fiscal year 2020. IRS code Section 162(m) limits the amount of deductible compensation for tax purposes paid to certain covered employees. The components of deferred income tax assets and liabilities are summarized as follows (in thousands) for fiscal years ended: Deferred tax assets 2024 2023 Allowance for credit losses $ 385 $ 345 Inventories 1,128 1,170 Employee compensation and benefits 712 833 Pension and noncurrent employee compensation 952 1,009 Property tax - 161 Operating lease liabilities 2,529 3,274 Net operating loss and foreign tax credits 878 996 Other - 277 Total deferred tax assets 6,584 8,065 Less: valuation allowance ( 408 ) ( 1,242 ) Total deferred tax assets, net $ 6,176 $ 6,823 Deferred tax liabilities Property, plant and equipment $ 3,137 $ 4,902 Goodwill and other intangible assets 9,739 9,683 Right-of-use assets 2,466 3,204 Other 139 132 Total deferred tax liabilities $ 15,481 $ 17,921 Net deferred income tax liabilities $ 9,305 $ 11,098 At fiscal year ended 2024, the Company had federal net operating loss (“NOL”) carry forwards of approximately $ 2.7 million. This NOL is related to the acquisitions of Flesh and Impressions Direct. The NOL is subject to a Section 382 limitation of $ 0.2 million per year and expiring in 2040 . Based on historical earnings and expected sufficient future taxable income, management believes it will be able to fully utilize the NOL. Accounting standards require a two-step approach to determine how to recognize tax benefits in the financial statements where recognition and measurement of a tax benefit must be evaluated separately. A tax benefit will be recognized only if it meets a “more-likely-than-not” recognition threshold. For tax positions that meet this threshold, the tax benefit recognized is based on the largest amount of tax benefit that is greater than 50 percent likely of being realized upon ultimate settlement with the taxing authority. At fiscal years ended 2024 and 2023, unrecognized tax benefits related to uncertain tax positions, including accrued interest and penalties of $ 0.1 million and $ 0.1 million, respectively, are included in other liabilities on the consolidated balance sheets and would impact the effective rate if recognized. The interest expense associated with the unrecognized tax benefit is not material. A reconciliation of the change in the unrecognized tax benefits for fiscal years ended 2024 and 2023 is as follows (in thousands): 2024 2023 Balance at March 1, 2023 $ 202 $ 166 Additions based on tax positions 66 66 Reductions due to lapses of statues of limitations ( 30 ) ( 30 ) Balance at February 29, 2024 $ 238 $ 202 The Company is subject to U.S. federal income tax as well as income tax of multiple state jurisdictions. The Company has concluded all U.S. federal income tax matters for years through 2020. All material state and local income tax matters have been concluded for years through 2019. The Company recognizes interest expense on underpayments of income taxes and accrued penalties related to unrecognized non-current tax benefits as part of the income tax provision. Other than amounts included in the unrecognized tax benefits, the Company did no t recognize any interest or penalties for the fiscal years ended 2024, 2023 and 2022.

Earnings per Share

Earnings per Share	12 Months Ended
	Feb. 29, 2024
Earnings Per Share [Abstract]
Earnings per Share	(14) Earnings per Share Basic earnings per share have been computed by dividing net earnings by the weighted average number of common shares outstanding during the applicable period. Diluted earnings per share reflect the potential dilution that could occur if stock options or other contracts to issue common shares were exercised or converted into common stock. The following table sets forth the computation for basic and diluted earnings (loss) per share for the fiscal years ended: 2024 2023 2022 Basic weighted average common shares outstanding 25,842,798 25,818,737 26,026,477 Effect of dilutive RSUs 97,278 132,404 82,864 Diluted weighted average common shares outstanding 25,940,076 25,951,141 26,109,341 Earnings per share Basic $ 1.65 $ 1.83 $ 1.11 Diluted $ 1.64 $ 1.82 $ 1.11 Cash dividends $ 1.000 $ 1.000 $ 0.975 The Company treats unvested share-based payment awards that contain non-forfeitable rights to dividends or dividend equivalents (whether paid or unpaid) as participating securities, which are included in the computation of earnings per share. Our unvested restricted shares participate on an equal basis with common shares; therefore, there is no difference in undistributed earnings allocated to each participating security. Accordingly, the presentation above is prepared on a combined basis. At fiscal year-end 2024, 52,500 stock options were excluded from the calculation above, as their effect would be anti-dilutive. No options were outstanding at the end of fiscal years 2023 and 2022.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Feb. 29, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	(15) Commitments and Contingencies In the ordinary course of business, the Company also enters into real property leases, which require the Company as lessee to indemnify the lessor from liabilities arising out of the Company’s occupancy of the properties. The Company’s indemnification obligations are generally covered under the Company’s general insurance policies. From time to time, the Company is involved in various litigation matters arising in the ordinary course of business. The Company does not believe the disposition of any current matter will have a material adverse effect on its consolidated financial position or results of operations.

Supplemental Cash and Non-Cash

Supplemental Cash and Non-Cash Flow Information	12 Months Ended
	Feb. 29, 2024
Supplemental Cash Flow Elements [Abstract]
Supplemental Cash and Non-Cash Flow Information	(16) Supplemental Cash and Non-Cash Flow Information Net cash flows from operating activities that reflect cash payments for interest and income taxes, are as follows for the three fiscal years ended (in thousands): 2024 2023 2022 Supplemental disclosure of cash flow information Interest paid, net $ - $ - $ 57 Income taxes paid, net of refunds $ 19,233 $ 17,966 $ 11,626 In fiscal year 2023, the Company recorded a non-cash transaction of a $ 4.5 million note receivable in connection with the sale of an unused manufacturing facility.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Feb. 29, 2024
Related Party Transactions [Abstract]
Related Party Transactions	(17) Related Party Transactions The Company leases a facility and sells product to an entity controlled by a board member who was the former owner of a business that the Company acquired. The total right-of-use asset and related lease liability as of February 29, 2024 was $ 0.4 million and $ 0.4 million, respectively. During fiscal year 2024, total lease payments made to, and sales made to, the related party were approximately $ 0.4 million and $ 3.0 million, respectively.

Concentrations of Risk

Concentrations of Risk	12 Months Ended
	Feb. 29, 2024
Risks and Uncertainties [Abstract]
Concentrations of Risk	(18) Concentrations of Risk Financial instruments that potentially subject the Company to a concentration of credit risk principally consist of cash and trade receivables. Cash is placed with high-credit quality financial institutions. The Company believes its credit risk with respect to trade receivables is limited due to industry and geographic diversification. As disclosed on the Consolidated Balance Sheets, the Company maintains an allowance for credit losses against its trade receivables to cover the Company’s estimate of credit losses associated with accounts receivable. No single customer accounts for as much as five percent of the Company’s consolidated net sales or accounts receivable. The Company, for quality and pricing reasons, purchases its paper products from a limited number of suppliers. For fiscal years 2024, 2023 and 2022, the Company purchased 40 %, 50 %, and 51 %, respectively, of its materials from one third party vendor. As of February 29, 2024 and February 28, 2023 , the net amount due to the vendor was $ 1.4 million and $ 3.3 million, respectively. While other sources may be available to the Company to purchase these products, they may not be available at the cost or at the quality the Company has come to expect. For the purposes of the Consolidated Statements of Cash Flows, the Company considers cash to include cash on hand and in bank accounts. The Federal Deposit Insurance Corporation insures accounts up to $ 250,000 . At February 29, 2024 , cash balances included $ 80.8 million that was not federally insured because it represented amounts in individual accounts above the federally insured limit for each such account. This at-risk amount is subject to fluctuation on a daily basis. While management does not believe there is significant risk with respect to such deposits as we have not experienced any losses in such accounts and we believe that we have placed our cash on deposit with financial institutions which are financially stable, we cannot be assured that we will not experience losses on our deposits.

Significant Accounting Polici_2

Significant Accounting Policies and General Matters (Policies)	12 Months Ended
	Feb. 29, 2024
Accounting Policies [Abstract]
Nature of Operations	Nature of Operations. Ennis, Inc. and its wholly owned subsidiaries (collectively, the “Company”) are principally engaged in the production of and sale of business forms and other printed products to customers primarily located in the United States.
Basis of Consolidation	Basis of Consolidation. The Consolidated Financial Statements include the accounts of the Company and its wholly owned subsidiaries. All significant intercompany accounts and transactions have been eliminated. The Company’s last three fiscal years ended on the following days: February 29, 2024, February 28, 2023 and February 28, 2022 (fiscal years ended 2024, 2023 and 2022, respectively).
Segment Reporting	Segment Reporting. The Company operates as one operating segment, in which management uses one measure of profitability, and all of the Company’s assets are located in the United States of America. The Company does not operate separate lines of business or separate business entities and its single operating segment comprises the entire reporting entity. Accordingly, the Company does not have separately reportable segments.
Accounts Receivable and allowance for credit losses	Accounts Receivable and allowance for credit losses. Trade receivables are uncollateralized customer obligations due under normal trade terms requiring payment generally within 30 days from the invoice date. The Company has established procedures to monitor credit risk and has not experienced significant credit losses in prior years. Accounts receivable have been reduced by an allowance for amounts that may be uncollectible in the future. This estimated allowance is based on an analysis that estimates the amount of its total customer receivable balance that is not collectible. This analysis includes assessing a default probability to customers’ receivable balances, which is influenced by several factors including (i) current market conditions, (ii) periodic review of customer credit worthiness, and (iii) review of customer receivable aging and payment trends. Write-offs are recorded at the time a customer receivable is deemed uncollectible. In accordance with Accounting Standards Update ("ASU") 2016-13, Financial Instruments – Credit Losses, Measurement of Credit Losses on Financial Instruments the Company recognizes expected credit losses based on a broader range of reasonable and supportable information to inform credit loss estimates.
Inventories	Inventories. With the exception of approximately 7.0 % and 6.1 % of its inventories valued at the lower of last-in, first-out ("LIFO") for fiscal years 2024 and 2023, respectively, the Company values its inventories at the lower of first-in, first-out ("FIFO") cost or net realizable value. The Company regularly reviews inventories on hand, using specific aging categories, and writes down the carrying value of its inventories for excess and potentially obsolete inventories based on historical usage and estimated future usage. In assessing the ultimate realization of its inventories, the Company is required to make judgments as to future demand requirements. As actual future demand or market conditions may vary from those projected by the Company, adjustments to inventories may be required. The Company provides reserves for excess and obsolete inventory when necessary based upon analysis of quantities on hand, recent sales volumes and reference to market prices.
Property, Plant and Equipment	Property, Plant and Equipment . Depreciation and amortization of property, plant and equipment is calculated using the straight-line method over a period considered adequate to amortize the total cost over the useful lives of the assets, which range from 3 to 11 years for machinery and equipment and 10 to 33 years for buildings and improvements. Leasehold improvements are amortized over the shorter of the lease term or the estimated useful life of the improvements. Repairs and maintenance are expensed as incurred. Renewals and betterments are capitalized and depreciated over the remaining life of the specific property unit. The Company capitalizes all leases that are in substance acquisitions of property.
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets . Goodwill is the excess of the purchase price paid over the value of net assets of businesses acquired and is not amortized. Intangible assets consist of trademarks and trade names, customer lists, non-compete agreements and technology, and are amortized on a straight-line basis over their estimated useful lives. Goodwill is evaluated for impairment on an annual basis, or more frequently if impairment indicators arise, using a quantitative or qualitative fair-value-based test that compares the fair value of the related business unit to its carrying value.
Long-Lived Assets	Long-Lived Assets . Long-lived assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to future undiscounted net cash flows expected to be generated by the asset. If such assets are considered to be impaired, the impairment to be recognized is based upon the fair value of assets.
Fair Value of Financial Instruments	Fair Value of Financial Instruments . Certain assets and liabilities are required to be recorded at fair value on a recurring basis. Fair value is determined based on the exchange price that would be received for an asset or transferred for a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants. The carrying amounts of cash, accounts receivables, and accounts payable approximate fair value because of the short maturity and/or variable rates associated with these instruments. The Company categorizes each of its fair value measurements in one of these three levels based on the lowest level input that is significant to the fair value measurement in its entirety. These levels are: Level 1 - Inputs utilize quoted prices (unadjusted) in active markets for identical assets or liabilities that the Company has the ability to access. Level 2 - Inputs utilize data points that are observable such as quoted prices, interest rates and yield curves. Level 3 - Inputs are unobservable data points for the asset or liability, and include situations where there is little, if any, market activity for the asset or liability.
Treasury Stock	Treasury Stock . The Company accounts for repurchases of common stock using the cost method with common stock in treasury classified in the consolidated balance sheets as a reduction of shareholders’ equity.
Revenue Recognition	Revenue Recognition . Nature of Revenues Substantially all of the Company’s revenue from contracts with customers consist of the sale of commercial printing products in the continental United States of America and is primarily recognized at a point in time in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods. Revenue from the sale of commercial printing products, including shipping and handling fees billed to customers, is recognized upon the transfer of control to the customer, which is generally upon shipment to the customer when the terms of the sale are FOB shipping point, or, to a lesser extent, upon delivery to the customer if the terms of the sale are FOB destination. Net sales represent gross sales invoiced to customers, less certain related charges, including sales tax, discounts, returns and other allowances. Returns, discounts and other allowances have historically been insignificant. In a small number of cases and upon customer request, the Company prints and stores commercial printing product for customer specified future delivery, generally within the same year as the product is manufactured. In this case, revenue is recognized upon the transfer of control when manufacturing is complete and title and risk of ownership is passed to the customer while the inventory remains in the Company's warehouses. Approximately $ 15.5 million, $ 17.1 million and $ 14.6 million of revenue was recognized under these arrangements during fiscal years 2024, 2023 and 2022, respectively. Storage revenue for certain customers may be recognized over time rather than at a point in time. The amount of storage revenue is immaterial to the Consolidated Financial Statements. As the output method for measure of progress is determined to be appropriate, the Company recognizes revenue in the amount for which it has the right to invoice for revenue that is recognized over time and for which it demonstrates that the invoiced amount corresponds directly with the value to the customer for the performance completed to date. The Company does not disaggregate revenue and operates in one sales category consisting of customized commercial printed products, which is reported as net sales on the consolidated statements of operations. The Company does not have material contract assets and contract liabilities as of February 29, 2024 and February 28, 2023. Significant Judgments Generally, the Company’s contracts with customers are comprised of a written quote and customer purchase order or statement of work, and governed by the Company’s trade terms and conditions. In certain instances, it may be further supplemented by separate pricing agreements and customer incentive arrangements, which typically only affect the contract’s transaction price. Contracts do not contain a significant financing component as payment terms on invoiced amounts are typically between 30 to 90 days , based on the Company’s credit assessment of individual customers, as well as industry expectations. Product returns are not significant as the bulk of our sales are custom in nature. From time to time, the Company may offer incentives to its customers considered to be variable consideration including volume-based rebates or early payment discounts. Customer incentives considered to be variable consideration are recorded as a reduction to revenue as part of the transaction price at contract inception when there is a basis to reasonably estimate the amount of the incentive and only to the extent that it is probable that a significant reversal of any incremental revenue will not occur. Customer incentives are allocated entirely to the single performance obligation of transferring printed product to the customer and are not considered material. For customers with terms of FOB shipping point, the Company accounts for shipping and handling activities performed after the control of the printed product has been transferred to the customer as a fulfillment cost. The Company accrues for the costs of shipping and handling activities if revenue is recognized before contractually agreed shipping and handling activities occur. The Company’s contracts with customers are generally short-term in nature. Accordingly, the Company does not disclose the value of unsatisfied performance obligations nor the timing of revenue recognition.
Advertising Expenses	Advertising Expenses . The Company expenses advertising costs as incurred. Catalog and brochure preparation and printing costs, which are considered direct response advertising, are amortized to expense over the life of the catalog, which typically ranges from three to twelve months . Advertising expense was approximately $ 0.5 million, $ 0.6 million and $ 0.9 million during the fiscal years ended 2024, 2023 and 2022, respectively, and is included in selling, general and administrative expenses in the Consolidated Statements of Operations.
Income Taxes	Income Taxes. Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carry forwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. In the event the Company determines that its deferred tax assets, more likely than not, will not be realized in the future, the valuation adjustment to the deferred tax assets will be charged to earnings in the period in which the Company makes such a determination.
Earnings Per Share	Earnings Per Share . Basic earnings per share is computed by dividing net earnings by the weighted average number of common shares outstanding during the period. Diluted earnings per share is computed by dividing net earnings by the weighted average number of common shares outstanding, and then adding the number of additional shares that would have been outstanding if potentially dilutive securities had been issued. This is calculated using the treasury stock method. No options were outstanding at the end of fiscal years 2024, 2023 and 2022. The dilutive shares for restricted stock grants are included in the computation for basic and diluted earnings per share.
Accumulated Other Comprehensive Loss	Accumulated Other Comprehensive Loss . Accumulated other comprehensive loss is defined as the change in equity resulting from transactions from non-owner sources. Other comprehensive income consisted of changes in the funded status of the Company’s pension plan.
Estimates	Estimates. The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from these estimates.
Shipping and Handling Costs	Shipping and Handling Costs. The Company records amounts billed to customers for shipping and handling costs in net sales and related costs are included in cost of goods sold.
Stock Based Compensation	Stock Based Compensation. The Company recognizes stock based compensation expense over the requisite service period of the individual grants, which generally equals the vesting period. Actual forfeitures are recorded when they occur. The fair value of all share based awards is estimated on the date of grant.
Issued accounting standards not yet adopted	Issued accounting standards not yet adopted In November 2023, the FASB issued ASU No. 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures, which aims to improve disclosures about a public entity’s reportable segments. This update addresses requests from investors for more detailed information about a reportable segment’s expenses in order to improve understanding of a public entity’s business activities, overall performance, and potential future cash flows. The amendments in this ASU include a requirement for public business entities to disclose, on an annual and interim basis, significant segment expenses that are regularly provided to the chief operating decision maker (CODM) and are included within each reported measure of segment profit or loss. This update is effective for fiscal years beginning after December 15, 2023, and interim periods within those fiscal years starting after December 15, 2024. This ASU must be applied retrospectively to all prior periods presented. Management expects the adoption of the pronouncement will result in additional segment disclosures in its Consolidated Financial Statements for fiscal year 2025. In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures, which expands disclosures in a public entity’s income tax rate reconciliation table and other disclosures regarding cash taxes paid both in the U.S. and foreign jurisdictions. This ASU is effective for annual periods beginning after December 15, 2024 (fiscal 2026 for the Company), but early adoption is permitted. This ASU should be applied on a prospective basis, although retrospective application is permitted. The Company is assessing the effect of this update on its Consolidated Financial Statements and related disclosures.
Proposed accounting standards	Proposed accounting standards In July 2023, the FASB issued Proposed ASU No. 2023-ED500, Income Statement-Reporting Comprehensive Income-Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses, which aims to provide investors with more useful information about an entity’s expenses by improving disclosures on income statement expenses. The amendments in this Proposed ASU would require public business entities to disclose disaggregated information about specific categories underlying certain income statement expense line items. The Company is evaluating this proposed accounting standard.
Recently adopted accounting standards	Recently adopted accounting standards None.

Accounts Receivable and Allow_2

Accounts Receivable and Allowance for Credit Losses (Tables)	12 Months Ended
	Feb. 29, 2024
Receivables [Abstract]
Allowance for Credit Losses	The following table represents the activity in the Company’s allowance for credit losses for the fiscal years ended (in thousands): 2024 2023 2022 Balance at beginning of year $ 1,710 $ 1,200 $ 961 Bad debt expense, net of recoveries 693 663 429 Accounts written off ( 696 ) ( 153 ) ( 190 ) Balance at end of year $ 1,707 $ 1,710 $ 1,200
Summary Of Accounts Receivables	February 29, February 28, 2024 2023 Trade Receivables, net of allowance for credit losses $ 39,665 $ 44,645 Vendor Rebates 3,109 4,354 Notes Receivable 4,435 4,508 $ 47,209 $ 53,507

Short-term Investments and Fa_2

Short-term Investments and Fair Value Measurements (Tables)	12 Months Ended
	Feb. 29, 2024
Short-Term Investments [Abstract]
Amortized Cost and Estimated Fair Value of Investment Securities Classified as Held-to-maturity	Amortized cost and estimated fair value of investment securities classified as held-to-maturity were as follows at February 29, 2024 (in thousands): February 29, 2024 Gross Gross Cost or Unrealized Unrealized Estimated Amortized Holding Holding Fair Cost Gains Losses Value February 29, 2024 Investment securities due in less than one year $ 29,325 $ - $ 45 $ 29,280 February 28, 2023 Investment securities due in less than one year $ - $ - $ - $ -

Inventories (Tables)

Inventories (Tables)	12 Months Ended
	Feb. 29, 2024
Inventory Disclosure [Abstract]
Components of Inventories	The following table summarizes the components of inventories at the different stages of production as of February 29, 2024 and February 28, 2023 (in thousands): 2024 2023 Raw material $ 21,764 $ 30,308 Work-in-process 5,621 6,174 Finished goods 12,652 10,352 $ 40,037 $ 46,834

Acquisitions (Tables)

Acquisitions (Tables)	12 Months Ended
	Feb. 29, 2024
Business Acquisition [Line Items]
Summary of Operating Information on a Pro Forma Basis	The pro forma information includes the estimated impact of adjustments such as amortization of intangible assets, depreciation expense and interest expense and related tax effects (in thousands, except per share amounts). Unaudited Unaudited Unaudited 2024 2023 2022 Pro forma net sales $ 430,470 $ 464,625 $ 408,323 Pro forma net earnings 43,994 52,088 29,549 Pro forma earnings per share - diluted $ 1.70 2.01 $ 1.13
Eagle Graphics And Diamond Graphics [Member]
Business Acquisition [Line Items]
Summary of Purchase Price Allocation	The following table summarizes the Company's purchase price allocation for Eagle and Diamond as of the acquisition date (in thousands): Accounts receivable $ 838 Inventories 917 Property, plant and equipment 5,304 Goodwill and intangibles 971 Accounts payable and accrued liabilities ( 159 ) Acquisition price $ 7,871
Umc Print [Member]
Business Acquisition [Line Items]
Summary of Purchase Price Allocation	The following table summarizes the Company's purchase price allocation for UMC as of the acquisition date (in thousands): Cash $ 758 Accounts receivable 1,839 Inventories 553 Property, plant and equipment 2,137 Goodwill and intangibles 2,971 Accounts payable and accrued liabilities ( 789 ) Acquisition price $ 7,469
Acquisition of Stylecraft Printing [Member]
Business Acquisition [Line Items]
Summary of Purchase Price Allocation	The following table summarizes the Company's purchase price allocation for Stylecraft as of the acquisition date (in thousands): Accounts receivable $ 554 Inventories 849 Right-of-use asset 28 Property, plant and equipment 3,160 Goodwill and intangibles 476 Operating lease liability ( 28 ) Accounts payable and accrued liabilities ( 12 ) Acquisition price $ 5,027
School Photo Marketing [Member]
Business Acquisition [Line Items]
Summary of Purchase Price Allocation	The following table summarizes the Company's aggregate purchase price allocation for SPM as of the acquisition date (in thousands): Accounts receivable $ 1,403 Inventories 516 Other assets 84 Right-of-use asset 487 Property, plant & equipment 250 Goodwill and intangibles 8,262 Accounts payable and accrued liabilities ( 1,748 ) Operating lease liability ( 487 ) $ 8,767

Leases (Tables)

Leases (Tables)	12 Months Ended
	Feb. 29, 2024
Leases [Abstract]
Components of Lease Expense	Components of lease expense for the three fiscal years ended (in thousands): 2024 2023 2022 Operating lease cost $ 5,632 $ 5,974 $ 6,217 Supplemental cash flow information related to leases was as follows: Cash paid for amounts included in the measurement of operating lease liabilities $ 5,669 $ 5,987 $ 6,196 Right-of-use assets obtained in exchange for operating lease obligations $ 916 $ 3,065 $ 3,441 Weighted Average Remaining Lease Terms Operating leases 2.5 Years 3.0 Years 3.4 Years Weighted Average Discount Rate Operating leases 4.08 % 3.86 % 3.63 %
Summary of Future Minimum Lease Commitments Under Non-cancelable Operating Leases	Future minimum lease commitments under non-cancelable operating leases for each of the fiscal years ending are as follows (in thousands): Operating Lease Commitments 2025 $ 4,593 2026 3,355 2027 1,487 2028 496 2029 167 Thereafter - Total future minimum lease payments $ 10,098 Less imputed interest 524 Present values of lease liabilities $ 9,574

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	12 Months Ended
	Feb. 29, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Carrying Amount and Accumulated Amortization of Intangible Assets	The carrying amount and accumulated amortization of the Company’s intangible assets at each balance sheet date are as follows (in thousands): Weighted Average Remaining Gross Life Carrying Accumulated As of February 29, 2024 (in years) Amount Amortization Net Definite-lived intangible assets Trademarks and trade names 7.6 $ 29,817 $ 14,366 $ 15,451 Customer lists 5.1 81,753 59,473 22,280 Non-compete 1.6 238 176 62 Technology 5.8 650 116 534 Total 6.1 $ 112,458 $ 74,131 $ 38,327 As of February 28, 2023 Definite-lived intangible assets Trademarks and trade names 10.1 $ 28,977 $ 12,294 $ 16,683 Customer lists 5.4 80,733 54,020 26,713 Non-compete 2.7 210 145 65 Technology 6.7 650 23 627 Total 7.2 $ 110,570 $ 66,482 $ 44,088
Estimated Amortization Expense	The Company’s estimated amortization expense for the next five fiscal years is as follows (in thousands): 2025 $ 7,569 2026 6,945 2027 5,856 2028 4,360 2029 3,725
Changes in Net Carrying Amount of Goodwill	Changes in the net carrying amount of goodwill for fiscal years 2024 and 2023 are as follows (in thousands): Balance as of March 1, 2022 $ 88,677 Goodwill acquired 3,142 Balance as of February 28, 2023 91,819 Goodwill acquired 2,530 Balance as of February 29, 2024 $ 94,349

Accrued Expenses (Tables)

Accrued Expenses (Tables)	12 Months Ended
	Feb. 29, 2024
Payables and Accruals [Abstract]
Components of Other Accrued Expenses	The following table summarizes the components of other accrued expenses for the fiscal years ended (in thousands): February 29, February 28, 2024 2023 Employee compensation and benefits $ 13,714 $ 14,823 Taxes other than income 1,341 1,154 Accrued legal and professional fees 510 376 Accrued utilities 108 129 Accrued acquisition related obligations 200 - Income taxes payable 626 552 Other accrued expenses 1,042 1,033 $ 17,541 $ 18,067

Stock Option Plan and Stock B_2

Stock Option Plan and Stock Based Compensation (Tables)	12 Months Ended
	Feb. 29, 2024
Share-Based Payment Arrangement [Abstract]
Summary of Restricted Stock Awards and Restricted Stock Units Activity	The following occurred with respect to the Company’s restricted stock awards for each of the three fiscal years ended February 29, 2024: Weighted Average Number of Grant Date Shares Fair Value Outstanding at March 1, 2021 119,729 $ 18.90 Granted 51,920 20.30 Terminated — 19.00 Vested ( 104,485 ) 19.70 Outstanding at February 28, 2022 67,164 $ 18.73 Granted 22,000 19.78 Terminated — 19.78 Vested ( 39,381 ) 19.00 Outstanding at February 28, 2023 49,783 $ 18.99 Granted 21,672 20.31 Terminated — — Vested ( 29,324 ) 18.36 Outstanding at February 29, 2024 42,131 $ 20.11 The following occurred with respect to the Company’s restricted stock units ("RSUs") for fiscal years 2022, 2023 and 2024: Time-based Performance-based Weighted Weighted Average Average Number of Grant Date Number of Grant Date Shares Fair Value Shares Fair Value Outstanding at March 1, 2021 — $ — — $ — Granted 44,494 20.38 177,977 23.17 Terminated ( 9,423 ) 20.38 ( 37,690 ) 23.17 Vested — — — — Outstanding at February 28, 2022 35,071 $ 20.38 140,287 23.17 Granted 9,893 19.47 93,532 23.17 Terminated — — — — Vested ( 11,690 ) 20.38 — — Outstanding at February 28, 2023 33,274 $ 20.11 233,819 $ 23.17 Granted — — — — Terminated — — ( 81,247 ) 20.32 Vested ( 16,635 ) 20.11 — — Outstanding at February 29, 2024 16,639 $ 20.11 152,572 $ 23.17
Summary of Assumptions Used and The Weighted Average Grant-Date Fair Value of The Stock Options Granted	The following is a summary of the assumptions used and the weighted average grant-date fair value of the stock options granted during the fiscal year ended February 29, 2024. February 29, 2024 Expected volatility 19.55 % Expected term (years) 3 Risk free interest rate 3.87 % Dividend Yield 4.94 % Weighted average grant-date fair value $ 2.47
Summary of Unvested Stock Options	A summary of the status of the Company’s unvested stock options at February 29, 2024 are presented below: Weighted Average Number Grant Date of Options Fair Value Unvested at March 1, 2023 — — New grants 52,500 2.47 Vested — — Forfeited — — Unvested at February 29, 2024 52,500 2.47

Benefit Plans (Tables)

Benefit Plans (Tables)	12 Months Ended
	Feb. 29, 2024
Retirement Benefits [Abstract]
Company's Pension Plan Asset Allocation, by Asset Category	The Company’s Pension Plan asset allocation, by asset category, is as follows for the fiscal years ended: 2024 2023 Equity securities 43 % 52 % Debt securities 51 % 44 % Cash and cash equivalents 6 % 4 % Total 100 % 100 %
Company's Target Asset Allocation Percentage, by Asset Class	The Company’s target asset allocation percentage, by asset class, for the year ended February 29, 2024 is as follows: Asset Class Target Cash 1 – 5 % Fixed Income 44 – 64 % Equity 34 – 54 %
Pension Plan's Fair Value Hierarchy for Assets Measured at Fair Value	The following tables present the Pension Plan’s fair value hierarchy for those assets measured at fair value as of February 29, 2024 and February 28, 2023 (in thousands): February 29, 2024 Description Total (Level 1) (Level 2) (Level 3) Cash and cash equivalents $ 3,275 $ 3,275 $ — $ — Government bonds 10,029 — 10,029 — Corporate bonds 16,215 — 16,215 — Domestic equities 19,711 19,711 — — Foreign equities 2,586 2,586 — — $ 51,816 $ 25,572 $ 26,244 $ — February 28, 2023 Description Total (Level 1) (Level 2) (Level 3) Cash and cash equivalents $ 2,093 $ 2,093 $ — $ — Government bonds 9,793 — 9,793 — Corporate bonds 15,797 — 15,797 — Domestic equities 16,833 16,833 — — Foreign equities 4,726 4,726 — — $ 49,242 $ 23,652 $ 25,590 $ —
Summary of Pension Expense Composed of Components Included in Cost of Goods Sold and Selling, General and Administrative Expenses	Pension expense is composed of the following components included in cost of goods sold and selling, general and administrative expenses in the Company’s consolidated statements of operations for fiscal years ended (in thousands): 2024 2023 2022 Components of net periodic benefit cost Service cost $ 673 $ 944 $ 1,075 Interest cost 2,456 1,967 1,682 Expected return on plan assets ( 3,104 ) ( 3,699 ) ( 3,723 ) Amortization of: Unrecognized net loss 1,896 2,409 2,558 Settlement charge — 1,273 1,097 Net periodic benefit cost 1,921 2,894 2,689 Other changes in Plan Assets and Projected Recognized in Other comprehensive loss (income) Net actuarial loss (gain) 449 ( 2,295 ) 1,396 Amortization of net actuarial loss ( 1,896 ) ( 3,682 ) ( 3,655 ) ( 1,447 ) ( 5,977 ) ( 2,259 ) Total recognized in net periodic pension cost and 474 $ ( 3,083 ) $ 430
Schedule of Assumptions Used to Determine Benefit Obligations and Net Periodic Pension Cost	The following table represents the assumptions used to determine benefit obligations and net periodic pension cost for fiscal years ended: 2024 2023 2022 Weighted average discount rate (net periodic 5.00 % 3.10 % 2.65 % Earnings progression (net periodic pension cost) 3.00 % 3.00 % 3.00 % Expected long-term rate of return on plan assets 6.00 % 6.50 % 6.50 % Weighted average discount rate (benefit 5.15 % 5.00 % 3.10 % Earnings progression (benefit obligations) 3.00 % 3.00 % 3.00 %
Schedule of Accumulated Benefit Obligation, Change in Projected Benefit Obligation, Change in Pension Plan Assets, Funded Status, and Reconciliation to Amounts Recognized in Consolidated Balance Sheets	The accumulated benefit obligation (“ABO”), change in projected benefit obligation (“PBO”), change in Pension Plan assets, funded status, and reconciliation to amounts recognized in the consolidated balance sheets are as follows (in thousands): 2024 2023 Change in benefit obligation Projected benefit obligation at beginning of year $ 49,888 $ 64,752 Service cost 673 944 Interest cost 2,456 1,967 Actuarial (gain) loss 1,572 ( 12,824 ) Other assumption change ( 122 ) 69 Benefits paid ( 2,731 ) ( 4,885 ) Settlement — ( 135 ) Projected benefit obligation at end of year $ 51,736 $ 49,888 Change in plan assets: Fair value of plan assets at beginning of year $ 49,242 $ 59,023 Company contributions 1,200 2,000 Gain on plan assets 4,105 ( 6,896 ) Benefits paid ( 2,731 ) ( 4,885 ) Fair value of plan assets at end of year $ 51,816 $ 49,242 Funded (unfunded) status $ 80 $ ( 646 ) Accumulated benefit obligation at end of year $ 48,438 $ 46,904
Schedule of Estimated Future Benefit Payments which Reflect Expected Future Service	Estimated future benefit payments which reflect expected future service, as appropriate, are expected to be paid to the Pension Plan participants in the fiscal years ended (in thousands): Year Projected Payments 2025 $ 3,200 2026 3,900 2027 3,800 2028 3,300 2029 4,400 2030 – 2034 20,100

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Feb. 29, 2024
Income Tax Disclosure [Abstract]
Components of Provision for Income Taxes	The following table represents components of the provision for income taxes for fiscal years ended (in thousands): 2024 2023 2022 Current: Federal $ 13,842 $ 15,784 $ 7,284 State and local 4,337 3,647 2,516 Total current 18,179 19,431 9,800 Deferred: Federal ( 1,133 ) ( 1,341 ) 3,004 State and local ( 520 ) ( 460 ) 158 Total deferred ( 1,653 ) ( 1,801 ) 3,162 Total provision for income taxes $ 16,526 $ 17,630 $ 12,962
Statutory U.S. Federal Income Tax Rate to Company's Effective Tax Rate	The following summary reconciles the statutory U.S. federal income tax rate to the Company’s effective tax rate for the fiscal years ended: 2024 2023 2022 Statutory rate 21.0 % 21.0 % 21.0 % Provision for state income taxes, net of federal 4.3 3.9 5.8 Federal true-up 1.8 1.5 0.3 Stock compensation and Section 162(m) limitation 0.9 0.8 3.8 28.0 % 27.2 % 30.9 %
Components of Deferred Income Tax Assets and Liabilities	The components of deferred income tax assets and liabilities are summarized as follows (in thousands) for fiscal years ended: Deferred tax assets 2024 2023 Allowance for credit losses $ 385 $ 345 Inventories 1,128 1,170 Employee compensation and benefits 712 833 Pension and noncurrent employee compensation 952 1,009 Property tax - 161 Operating lease liabilities 2,529 3,274 Net operating loss and foreign tax credits 878 996 Other - 277 Total deferred tax assets 6,584 8,065 Less: valuation allowance ( 408 ) ( 1,242 ) Total deferred tax assets, net $ 6,176 $ 6,823 Deferred tax liabilities Property, plant and equipment $ 3,137 $ 4,902 Goodwill and other intangible assets 9,739 9,683 Right-of-use assets 2,466 3,204 Other 139 132 Total deferred tax liabilities $ 15,481 $ 17,921 Net deferred income tax liabilities $ 9,305 $ 11,098
Reconciliation of Change in Unrecognized Tax Benefits	A reconciliation of the change in the unrecognized tax benefits for fiscal years ended 2024 and 2023 is as follows (in thousands): 2024 2023 Balance at March 1, 2023 $ 202 $ 166 Additions based on tax positions 66 66 Reductions due to lapses of statues of limitations ( 30 ) ( 30 ) Balance at February 29, 2024 $ 238 $ 202

Earnings per Share (Tables)

Earnings per Share (Tables)	12 Months Ended
	Feb. 29, 2024
Earnings Per Share [Abstract]
Computation for Basic and Diluted Earnings (loss) per Share	The following table sets forth the computation for basic and diluted earnings (loss) per share for the fiscal years ended: 2024 2023 2022 Basic weighted average common shares outstanding 25,842,798 25,818,737 26,026,477 Effect of dilutive RSUs 97,278 132,404 82,864 Diluted weighted average common shares outstanding 25,940,076 25,951,141 26,109,341 Earnings per share Basic $ 1.65 $ 1.83 $ 1.11 Diluted $ 1.64 $ 1.82 $ 1.11 Cash dividends $ 1.000 $ 1.000 $ 0.975

Supplemental Cash and Non-Cas_2

Supplemental Cash and Non-Cash Flow Information (Tables)	12 Months Ended
	Feb. 29, 2024
Supplemental Cash Flow Elements [Abstract]
Net Cash Flows from Operating Activities Reflect Cash Payments for Interest and Income Taxes	Net cash flows from operating activities that reflect cash payments for interest and income taxes, are as follows for the three fiscal years ended (in thousands): 2024 2023 2022 Supplemental disclosure of cash flow information Interest paid, net $ - $ - $ 57 Income taxes paid, net of refunds $ 19,233 $ 17,966 $ 11,626

Significant Accounting Polici_3

Significant Accounting Policies and General Matters - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Feb. 29, 2024	Feb. 28, 2023	Feb. 28, 2022
Basis Of Presentation And Significant Accounting Policies [Line Items]
Trade receivable maturity period	30 days
Percentage of Inventories valued at LIFO	7%	6.10%
Advertising expense	$ 0.5	$ 0.6	$ 0.9
Options outstanding	0	0	0
commercial printing product
Basis Of Presentation And Significant Accounting Policies [Line Items]
Revenues	$ 15.5	$ 17.1	$ 14.6
Minimum [Member]
Basis Of Presentation And Significant Accounting Policies [Line Items]
Amortization period for advertising expense	3 months
Contract with customer, customer payment terms	30 days
Maximum [Member]
Basis Of Presentation And Significant Accounting Policies [Line Items]
Amortization period for advertising expense	12 months
Contract with customer, customer payment terms	90 days
Machinery and Equipment [Member] | Minimum [Member]
Basis Of Presentation And Significant Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	3 years
Machinery and Equipment [Member] | Maximum [Member]
Basis Of Presentation And Significant Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	11 years
Buildings and Improvements [Member] | Minimum [Member]
Basis Of Presentation And Significant Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	10 years
Buildings and Improvements [Member] | Maximum [Member]
Basis Of Presentation And Significant Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	33 years

Accounts Receivable and Allow_3

Accounts Receivable and Allowance for Credit Losses - Allowance for Credit Losses (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 29, 2024	Feb. 28, 2023	Feb. 28, 2022
Receivables [Abstract]
Balance at beginning of period	$ 1,710	$ 1,200	$ 961
Bad debt expense, net of recoveries	693	663	429
Accounts written off	(696)	(153)	(190)
Balance at end of period	$ 1,707	$ 1,710	$ 1,200

Accounts Receivable and Allow_4

Accounts Receivable and Allowance for Credit Losses - Additional Information (Detail)	12 Months Ended
	Feb. 29, 2024
Receivables [Abstract]
Accounts receivable frequency of payments	12
Accounts receivable fixed interest rate	5.95%

Accounts Receivable and Allow_5

Accounts Receivable and Allowance for Credit Losses - Summary of Accounts Receivables (Detail) - USD ($) $ in Thousands	Feb. 29, 2024	Feb. 28, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Receivables	$ 47,209	$ 53,507
Trade Receivables, net of allowance for credit losses
Accounts, Notes, Loans and Financing Receivable [Line Items]
Receivables	39,665	44,645
Vendor Rebates
Accounts, Notes, Loans and Financing Receivable [Line Items]
Receivables	3,109	4,354
Notes Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Receivables	$ 4,435	$ 4,508

Short-term Investments - Summar

Short-term Investments - Summary of Amortized Cost and Estimated Fair Value of Investment Securities Classified as Held-to-maturity (Details) - USD ($) $ in Thousands	Feb. 29, 2024	Feb. 28, 2023
Short-Term Investments [Abstract]
Investment securities due in less than one year, cost or amortized cost	$ 29,325	$ 0
Investment securities due in less than one year, gross unrealized holding gains	0	0
Investment securities due in less than one year, gross unrealised holding losses	45	0
Investment securities due in less than one year, estimated fair value	$ 29,280	$ 0

Inventories - Components of Inv

Inventories - Components of Inventories (Detail) - USD ($) $ in Thousands	Feb. 29, 2024	Feb. 28, 2023
Inventory Disclosure [Abstract]
Raw material	$ 21,764	$ 30,308
Work-in-process	5,621	6,174
Finished goods	12,652	10,352
Inventories	$ 40,037	$ 46,834

Inventories - Additional Inform

Inventories - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Feb. 29, 2024	Feb. 28, 2023	Feb. 28, 2022
Inventory Disclosure [Abstract]
Excess of current costs at FIFO over LIFO stated values	$ 5.9	$ 6.7
Amount of valuation reserve for excess and obsolete inventory	1.3	1.6
Decrease in cost of sales	$ 0.6	$ 0.3	$ 0.9

Acquisitions - Additional Infor

Acquisitions - Additional Information (Detail) - USD ($)		1 Months Ended
	Nov. 30, 2022	Jan. 31, 2024	Feb. 29, 2024	Oct. 11, 2023	Jun. 02, 2023	May 31, 2023	Feb. 28, 2023	Feb. 28, 2022
Business Acquisition [Line Items]
Percentage of assets acquired and liabilities assumed at their acquisition date fair values			100%
Goodwill			$ 94,349,000				$ 91,819,000	$ 88,677,000
Eagle Graphics And Diamond Graphics [Member]
Business Acquisition [Line Items]
Total purchase consideration				$ 7,871,000
Trade payables				159,000
Goodwill				200,000
Intangible assets				$ 800,000
Umc Print [Member]
Business Acquisition [Line Items]
Total purchase consideration					$ 7,469,000
Indemnity claim from escrow		$ 200,000
Trade payables					789,000
Goodwill					200,000
Intangible assets					$ 2,700,000
Acquisition of Stylecraft Printing [Member]
Business Acquisition [Line Items]
Total purchase consideration						$ 5,027,000
Trade payables						12,000
Goodwill						200,000
Intangible assets						$ 300,000
School Photo Marketing [Member]
Business Acquisition [Line Items]
Consideration paid	$ 1,000,000
Contingent earnout liability			$ 0				$ 800,000
Percentage of purchaser annual earnings	50%
Maximum amount under purchaser annual earnings	$ 1,400,000
Total purchase consideration	8,767,000
Trade payables	1,748,000
Goodwill	3,100,000
Intangible assets	$ 5,100,000

Acquisitions - Summary of Purch

Acquisitions - Summary of Purchase Price Allocation (Detail) - USD ($) $ in Thousands	Feb. 29, 2024	Oct. 11, 2023	Jun. 02, 2023	May 31, 2023	Feb. 28, 2023	Nov. 30, 2022	Feb. 28, 2022
Business Acquisition [Line Items]
Goodwill	$ 94,349				$ 91,819		$ 88,677
Eagle Graphics And Diamond Graphics [Member]
Business Acquisition [Line Items]
Accounts receivable		$ 838
Inventories		917
Property, plant & equipment		5,304
Goodwill		200
Goodwill and intangibles		971
Accounts payable and accrued liabilities		(159)
Total purchase consideration		$ 7,871
Umc Print [Member]
Business Acquisition [Line Items]
Cash			$ 758
Accounts receivable			1,839
Inventories			553
Property, plant & equipment			2,137
Goodwill			200
Goodwill and intangibles			2,971
Accounts payable and accrued liabilities			(789)
Total purchase consideration			$ 7,469
Acquisition of Stylecraft Printing [Member]
Business Acquisition [Line Items]
Accounts receivable				$ 554
Inventories				849
Right-of-use asset				28
Property, plant & equipment				3,160
Goodwill				200
Goodwill and intangibles				476
Accounts payable and accrued liabilities				(12)
Operating lease liability				(28)
Total purchase consideration				$ 5,027
School Photo Marketing [Member]
Business Acquisition [Line Items]
Accounts receivable						$ 1,403
Inventories						516
Other assets						84
Right-of-use asset						487
Property, plant & equipment						250
Goodwill						3,100
Goodwill and intangibles						8,262
Accounts payable and accrued liabilities						(1,748)
Operating lease liability						(487)
Total purchase consideration						$ 8,767

Acquisitions - Summary of Opera

Acquisitions - Summary of Operating Information on Pro Forma Basis (Detail) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Feb. 29, 2024	Feb. 28, 2023	Feb. 28, 2022
Business Combinations [Abstract]
Pro forma net sales	$ 430,470	$ 464,625	$ 408,323
Pro forma net earnings	$ 43,994	$ 52,088	$ 29,549
Pro forma earnings per share - diluted	$ 1.7	$ 2.01	$ 1.13

Leases - Additional Information

Leases - Additional Information (Detail) - USD ($)	12 Months Ended
	Feb. 29, 2024	Feb. 28, 2023
Lessee Lease Description [Line Items]
Leases description	The Company leases certain of its facilities and equipment under operating leases, which are recorded as right-of-use assets and lease liabilities. The Company’s leases generally have terms of 1 - 5 years, with certain leases including renewal options to extend the leases for additional periods at the Company’s discretion. At lease inception, all renewal options reasonably certain to be exercised are considered when determining the lease term. The Company currently does not have leases that include options to purchase or provisions that would automatically transfer ownership of the leased property to the Company.
Leases, renewal options, description	The Company’s leases generally have terms of 1 - 5 years, with certain leases including renewal options to extend the leases for additional periods at the Company’s discretion.
Lessee operating lease, existence of option to extend	true
Variable lease cost	$ 0	$ 0
Minimum [Member]
Lessee Lease Description [Line Items]
Leases terms	1 year
Maximum [Member]
Lessee Lease Description [Line Items]
Leases terms	5 years

Leases - Components of Lease Ex

Leases - Components of Lease Expense (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 29, 2024	Feb. 28, 2023	Feb. 28, 2022
Lease, Cost [Abstract]
Operating lease cost	$ 5,632	$ 5,974	$ 6,217
Supplemental cash flow information related to leases was as follows:
Cash paid for amounts included in the measurement of operating lease liabilities	5,669	5,987	6,196
Right-of-use assets obtained in exchange for operating lease obligations	$ 916	$ 3,065	$ 3,441
Weighted Average Remaining Lease Terms, Operating leases	2 years 6 months	3 years	3 years 4 months 24 days
Weighted Average Discount Rate, Operating leases	4.08%	3.86%	3.63%

Leases - Summary of Future Mini

Leases - Summary of Future Minimum Lease Commitments Under Non-cancelable Operating Leases (Detail) $ in Thousands	Feb. 29, 2024 USD ($)
Lessee, Operating Lease, Liability, to be Paid, Fiscal Year Maturity [Abstract]
2025	$ 4,593
2026	3,355
2027	1,487
2028	496
2029	167
Thereafter	0
Total future minimum lease payments	10,098
Less imputed interest	524
Present values of lease liabilities	$ 9,574

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Additional Information (Detail) - USD ($)	12 Months Ended
	Feb. 29, 2024	Feb. 28, 2023	Feb. 28, 2022
Finite-Lived Intangible Assets [Line Items]
Goodwill impairment	$ 0	$ 0
Amortization of trade names, customer lists, and patent	7,649,000	7,176,000	$ 8,381,000
Goodwill acquired	2,530,000	3,142,000
SPM [Member]
Finite-Lived Intangible Assets [Line Items]
Goodwill acquired		$ 3,100,000
Style craft [Member]
Finite-Lived Intangible Assets [Line Items]
Goodwill acquired	2,500,000
UMC [Member]
Finite-Lived Intangible Assets [Line Items]
Goodwill acquired	2,500,000
Eagle and Diamond [Member]
Finite-Lived Intangible Assets [Line Items]
Goodwill acquired	$ 2,500,000

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Carrying Amount and Accumulated Amortization of Intangible Assets (Detail) - USD ($) $ in Thousands	Feb. 29, 2024	Feb. 28, 2023
Finite-Lived Intangible Assets [Line Items]
Weighted Average Remaining Life (in years)	6 years 1 month 6 days	7 years 2 months 12 days
Gross Carrying Amount	$ 112,458	$ 110,570
Accumulated Amortization	74,131	66,482
Amortized intangible assets, Net	$ 38,327	$ 44,088
Trademarks and Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted Average Remaining Life (in years)	7 years 7 months 6 days	10 years 1 month 6 days
Gross Carrying Amount	$ 29,817	$ 28,977
Accumulated Amortization	14,366	12,294
Amortized intangible assets, Net	$ 15,451	$ 16,683
Customer Lists [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted Average Remaining Life (in years)	5 years 1 month 6 days	5 years 4 months 24 days
Gross Carrying Amount	$ 81,753	$ 80,733
Accumulated Amortization	59,473	54,020
Amortized intangible assets, Net	$ 22,280	$ 26,713
Noncompete Agreements [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted Average Remaining Life (in years)	1 year 7 months 6 days	2 years 8 months 12 days
Gross Carrying Amount	$ 238	$ 210
Accumulated Amortization	176	145
Amortized intangible assets, Net	$ 62	$ 65
Technology [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted Average Remaining Life (in years)	5 years 9 months 18 days	6 years 8 months 12 days
Gross Carrying Amount	$ 650	$ 650
Accumulated Amortization	116	23
Amortized intangible assets, Net	$ 534	$ 627

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets - Estimated Amortization Expense (Detail) $ in Thousands	Feb. 29, 2024 USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
2025	$ 7,569
2026	6,945
2027	5,856
2028	4,360
2029	$ 3,725

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets - Changes in Net Carrying Amount of Goodwill (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 29, 2024	Feb. 28, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill, Beginning balance	$ 91,819	$ 88,677
Goodwill acquired	2,530	3,142
Goodwill, Ending balance	$ 94,349	$ 91,819

Accrued Expenses - Components o

Accrued Expenses - Components of Other Accrued Expenses (Detail) - USD ($) $ in Thousands	Feb. 29, 2024	Feb. 28, 2023
Payables and Accruals [Abstract]
Employee compensation and benefits	$ 13,714	$ 14,823
Taxes other than income	1,341	1,154
Accrued legal and professional fees	510	376
Accrued utilities	108	129
Accrued acquisition related obligations	200	0
Income taxes payable	626	552
Other accrued expenses	1,042	1,033
Accrued expenses, Total	$ 17,541	$ 18,067

Credit Facility - Additional In

Credit Facility - Additional Information (Detail) $ in Millions	Feb. 29, 2024 USD ($)
Third Amendment [Member] | Standby Letters of Credit [Member]
Line of Credit Facility [Line Items]
Long-term debt	$ 0.3

Shareholders' Equity - Addition

Shareholders' Equity - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended		185 Months Ended
	Feb. 29, 2024	Feb. 28, 2023	Feb. 29, 2024
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Repurchase of common stock	29,350	64,082	2,242,461
Repurchase of common stock, average cost per share	$ 19.96	$ 17.46	$ 16.34
Total remaining amount available to repurchase of shares	$ 23.4
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock repurchase program, authorized aggregate amount	$ 60		$ 60

Stock Option Plan and Stock B_3

Stock Option Plan and Stock Based Compensation - Additional Information (Detail) - USD ($)	12 Months Ended
	Feb. 29, 2024	Feb. 28, 2023	Feb. 28, 2022	Apr. 16, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
RSUs vesting description	The performance-based RSUs will vest no later than March 15, 2024, which is the deadline for the Compensation Committee to determine the extent of the Company’s attainment of the Performance Goals during the Performance Period that ends on February 29, 2024. The time-based RSUs vest ratably over two to three years from the date of grant.
Number of stock options granted	52,500
Number of unvested stock options outstanding	52,500
Remaining unrecognized compensation cost related to unvested restricted stock	$ 600,000
Weighted average remaining requisite service period of the unvested restricted stock awards	1 year 8 months 12 days
Outstanding restricted stock underlying fair value at grant date	$ 900,000
Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Remaining unrecognized compensation cost related to unvested restricted stock	$ 100,000
Weighted average remaining requisite service period of the unvested restricted stock awards	2 years 1 month 6 days
Time-based RSUs [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Shares, Granted	0	9,893	44,494
Weighted Average Grant Date Fair Value, Granted	$ 0	$ 19.47	$ 20.38
Remaining unrecognized compensation cost related to unvested restricted stock	$ 43,000,000
Weighted average remaining requisite service period of the unvested restricted stock awards		6 months
Performance-based RSUs [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Shares, Granted	0	93,532	177,977
Weighted Average Grant Date Fair Value, Granted	$ 0	$ 23.17	$ 23.17
Remaining unrecognized compensation cost related to unvested restricted stock	$ 200,000
Weighted average remaining requisite service period of the unvested restricted stock awards	3 months 18 days
Fair Value Performance Based Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted Average Grant Date Fair Value, Granted	$ 23.17
Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Shares, Granted	0
Outstanding restricted stock underlying fair value at grant date	$ 3,900,000
Outstanding fair value at date of grant	$ 300,000	$ 200,000	$ 0
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Shares, Granted	21,672	22,000	51,920
Weighted Average Grant Date Fair Value, Granted	$ 20.31	$ 19.78	$ 20.3
Outstanding fair value at date of grant	$ 600,000	$ 800,000	$ 2,100,000
2021 Long-Term Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unissued common stock reserved	626,683
Number of shares authorized				1,033,648
Selling, General and Administrative Expenses [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense related share based compensation before tax	$ 1,200,000	$ 2,800,000	$ 2,800,000

Stock Option Plan and Stock B_4

Stock Option Plan and Stock Based Compensation - Summary of Assumptions Used and The Weighted Average Grant-Date Fair Value of The Stock Options Granted (Details)	12 Months Ended
	Feb. 29, 2024 $ / shares
Share-Based Payment Arrangement [Abstract]
Expected volatility	19.55%
Expected term (years)	3 years
Risk free interest rate	3.87%
Dividend Yield	4.94%
Weighted average grant-date fair value	$ 2.47

Stock Option Plan and Stock B_5

Stock Option Plan and Stock Based Compensation - Summary of Unvested Stock Options (Details)	12 Months Ended
	Feb. 29, 2024 $ / shares shares
Share-Based Payment Arrangement [Abstract]
Number of Shares, Granted | shares	52,500
New grants, Weighted Average Grant Date Fair Value | $ / shares	$ 2.47
Share-Based Compensation Arrangement by Share-Based Payment Award, Option, Nonvested, Weighted Average Exercise Price, Ending Balance | $ / shares	$ 2.47
Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Number of Shares, Ending Balance | shares	52,500

Stock Option Plan and Stock B_6

Stock Option Plan and Stock Based Compensation - Summary of Restricted Stock Awards (Detail) - Restricted Stock [Member] - $ / shares	12 Months Ended
	Feb. 29, 2024	Feb. 28, 2023	Feb. 28, 2022
Restricted stock grant activity
Outstanding at Beginning, Number of Shares	49,783	67,164	119,729
Number of Shares, Granted	21,672	22,000	51,920
Number of Shares, Terminated	0	0	0
Number of Shares, Vested	(29,324)	(39,381)	(104,485)
Outstanding at Ending, Number of Shares	42,131	49,783	67,164
Outstanding at Beginning, Weighted Average Grant Date Fair value	$ 18.99	$ 18.73	$ 18.9
Weighted Average Grant Date Fair Value, Granted	20.31	19.78	20.3
Weighted Average Grant Date Fair Value, Terminated	0	19.78	19
Weighted Average Grant Date Fair Value, Vested	18.36	19	19.7
Outstanding at Ending, Weighted Average Grant Date Fair value	$ 20.11	$ 18.99	$ 18.73

Stock Option Plan and Stock B_7

Stock Option Plan and Stock Based Compensation - Summary of Restricted Stock Units (Details) - $ / shares	12 Months Ended
	Feb. 29, 2024	Feb. 28, 2023	Feb. 28, 2022
Time-based RSUs [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Outstanding at Beginning, Number of Shares	33,274	35,071	0
Number of Shares, Granted	0	9,893	44,494
Number of Shares, Terminated	0	0	(9,423)
Number of Shares, Vested	(16,635)	(11,690)	0
Outstanding at Ending, Number of Shares	16,639	33,274	35,071
Outstanding at Beginning, Weighted Average Grant Date Fair value	$ 20.11	$ 20.38	$ 0
Weighted Average Grant Date Fair Value, Granted	0	19.47	20.38
Weighted Average Grant Date Fair Value, Terminated	0	0	20.38
Weighted Average Grant Date Fair Value, Vested	20.11	20.38	0
Outstanding at Ending, Weighted Average Grant Date Fair value	$ 20.11	$ 20.11	$ 20.38
Performance-based RSUs [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Outstanding at Beginning, Number of Shares	233,819	140,287	0
Number of Shares, Granted	0	93,532	177,977
Number of Shares, Terminated	(81,247)	0	(37,690)
Number of Shares, Vested	0	0	0
Outstanding at Ending, Number of Shares	152,572	233,819	140,287
Outstanding at Beginning, Weighted Average Grant Date Fair value	$ 23.17	$ 23.17	$ 0
Weighted Average Grant Date Fair Value, Granted	0	23.17	23.17
Weighted Average Grant Date Fair Value, Terminated	20.32	0	23.17
Weighted Average Grant Date Fair Value, Vested	0	0	0
Outstanding at Ending, Weighted Average Grant Date Fair value	$ 23.17	$ 23.17	$ 23.17

Benefit Plans - Additional Info

Benefit Plans - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 29, 2024	Feb. 28, 2023	Feb. 28, 2022
Defined Benefit Plan Disclosure [Line Items]
Employees covered under noncontributory Pension Plan	12%
Compensation period preceding retirement and termination			5 years
Expected rate of return	6%	6.50%	6.50%
Lump sum distributions		$ 2,100	$ 1,900
Non-cash settlement charge		800	800
Non-cash settlement charge	$ 0	(1,273)	(1,097)
Target asset allocation, historical period	10 years
Target asset allocation, expected returns	5 years
Company contributions	$ 1,200	2,000
Matching contributions	$ 1,900	$ 1,900	$ 2,000
United States employees contribution	100%
Minimum [Member]
Defined Benefit Plan Disclosure [Line Items]
Expected contributions	$ 1,000
Maximum [Member]
Defined Benefit Plan Disclosure [Line Items]
Expected contributions	$ 3,000

Benefit Plans - Company's Pensi

Benefit Plans - Company's Pension Plan Asset Allocation, by Asset Category (Detail)	Feb. 29, 2024	Feb. 28, 2023
Defined Benefit Plan Disclosure [Line Items]
Pension plan asset allocation by asset category	100%	100%
Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Pension plan asset allocation by asset category	43%	52%
Debt Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Pension plan asset allocation by asset category	51%	44%
Cash and Cash Equivalents [Member]
Defined Benefit Plan Disclosure [Line Items]
Pension plan asset allocation by asset category	6%	4%

Benefit Plans - Company's Targe

Benefit Plans - Company's Target Asset Allocation Percentage, by Asset Class (Detail)	Feb. 29, 2024
Cash [Member] | Minimum [Member]
Defined Benefit Plan Disclosure [Line Items]
Target Allocation Percentage	1%
Cash [Member] | Maximum [Member]
Defined Benefit Plan Disclosure [Line Items]
Target Allocation Percentage	5%
Fixed Income [Member] | Minimum [Member]
Defined Benefit Plan Disclosure [Line Items]
Target Allocation Percentage	44%
Fixed Income [Member] | Maximum [Member]
Defined Benefit Plan Disclosure [Line Items]
Target Allocation Percentage	64%
Equity Securities [Member] | Minimum [Member]
Defined Benefit Plan Disclosure [Line Items]
Target Allocation Percentage	34%
Equity Securities [Member] | Maximum [Member]
Defined Benefit Plan Disclosure [Line Items]
Target Allocation Percentage	54%

Benefit Plans - Pension Plan's

Benefit Plans - Pension Plan's Fair Value Hierarchy for Assets Measured at Fair Value (Detail) - USD ($) $ in Thousands	Feb. 29, 2024	Feb. 28, 2023	Feb. 28, 2022
Defined Benefit Plan Disclosure [Line Items]
Fair Value Measurements	$ 51,816	$ 49,242	$ 59,023
Cash and Cash Equivalents [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair Value Measurements	3,275	2,093
Government Bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair Value Measurements	10,029	9,793
Corporate Bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair Value Measurements	16,215	15,797
Domestic Equities [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair Value Measurements	19,711	16,833
Foreign Equities [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair Value Measurements	2,586	4,726
Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair Value Measurements	25,572	23,652
Level 1 [Member] | Cash and Cash Equivalents [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair Value Measurements	3,275	2,093
Level 1 [Member] | Domestic Equities [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair Value Measurements	19,711	16,833
Level 1 [Member] | Foreign Equities [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair Value Measurements	2,586	4,726
Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair Value Measurements	26,244	25,590
Level 2 [Member] | Government Bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair Value Measurements	10,029	9,793
Level 2 [Member] | Corporate Bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair Value Measurements	$ 16,215	$ 15,797

Benefit Plans - Summary of Pens

Benefit Plans - Summary of Pension Expense Composed of Components Included in Cost of Goods Sold and Selling, General and Administrative Expenses (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 29, 2024	Feb. 28, 2023	Feb. 28, 2022
Components of net periodic benefit cost
Service cost	$ 673	$ 944	$ 1,075
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Interest Cost, Statement of Income or Comprehensive Income [Extensible Enumeration]	Operating Income (Loss)	Operating Income (Loss)	Operating Income (Loss)
Interest cost	$ 2,456	$ 1,967	$ 1,682
Defined Benefit Plan, Net Periodic Benefit (Cost) Credit, Expected Return (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Operating Income (Loss)	Operating Income (Loss)	Operating Income (Loss)
Expected return on plan assets	$ (3,104)	$ (3,699)	$ (3,723)
Amortization of:
Defined Benefit Plan, Net Periodic Benefit (Cost) Credit, Amortization of Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Operating Income (Loss)	Operating Income (Loss)	Operating Income (Loss)
Unrecognized net loss	$ 1,896	$ 2,409	$ 2,558
Defined Benefit Plan, Net Periodic Benefit (Cost) Credit, Settlement Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Operating Income (Loss)	Operating Income (Loss)	Operating Income (Loss)
Settlement charge	$ 0	$ 1,273	$ 1,097
Net periodic benefit cost	1,921	2,894	2,689
Other changes in Plan Assets and Projected Benefit Obligation Recognized in Other comprehensive Income
Net actuarial loss (gain)	449	(2,295)	1,396
Amortization of net actuarial loss	(1,896)	(3,682)	(3,655)
Net of recognized in Other comprehensive Income	(1,447)	(5,977)	(2,259)
Total recognized in net periodic pension cost and other comprehensive income (gain)	$ 474	$ (3,083)	$ 430

Benefit Plans - Schedule of Ass

Benefit Plans - Schedule of Assumptions Used to Determine Benefit Obligations and Net Periodic Pension Cost (Detail)	12 Months Ended
	Feb. 29, 2024	Feb. 28, 2023	Feb. 28, 2022
Retirement Benefits [Abstract]
Weighted average discount rate (net periodic pension cost)	5%	3.10%	2.65%
Earnings progression (net periodic pension cost)	3%	3%	3%
Expected long-term rate of return on plan assets (net periodic pension cost)	6%	6.50%	6.50%
Weighted average discount rate (benefit obligations)	5.15%	5%	3.10%
Earnings progression (benefit obligations)	3%	3%	3%

Benefit Plans - Schedule of Acc

Benefit Plans - Schedule of Accumulated Benefit Obligation, Change in PBO, Change in Pension Plan Assets, Funded Status, and Reconciliation to Amounts Recognized in Consolidated Balance Sheets (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 29, 2024	Feb. 28, 2023	Feb. 28, 2022
Change in benefit obligation
Projected benefit obligation at beginning of year	$ 49,888	$ 64,752
Service cost	673	944	$ 1,075
Interest cost	2,456	1,967	1,682
Actuarial (gain) loss	1,572	(12,824)
Other assumption change	(122)	69
Benefits paid	(2,731)	(4,885)
Settlement	0	(135)
Projected benefit obligation at end of year	51,736	49,888	64,752
Change in plan assets:
Fair value of plan assets at beginning of year	49,242	59,023
Company contributions	1,200	2,000
Gain on plan assets	4,105	(6,896)
Fair value of plan assets at end of year	51,816	49,242	$ 59,023
Unfunded status	80	(646)
Accumulated benefit obligation at end of year	$ 48,438	$ 46,904

Benefit Plans - Schedule of Est

Benefit Plans - Schedule of Estimated Future Benefit Payments which Reflect Expected Future Service (Detail) $ in Thousands	Feb. 29, 2024 USD ($)
Schedule Of Sale Of Subsidiary [Abstract]
2025	$ 3,200
2026	3,900
2027	3,800
2028	3,300
2029	4,400
2030 - 2034	$ 20,100

Income Taxes - Components of Pr

Income Taxes - Components of Provision for Income Taxes (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 29, 2024	Feb. 28, 2023	Feb. 28, 2022
Current:
Federal	$ 13,842	$ 15,784	$ 7,284
State and local	4,337	3,647	2,516
Total current	18,179	19,431	9,800
Deferred:
Federal	(1,133)	(1,341)	3,004
State and local	(520)	(460)	158
Total deferred	(1,653)	(1,801)	3,162
Total provision for income taxes	$ 16,526	$ 17,630	$ 12,962

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($)	12 Months Ended
	Feb. 29, 2024	Feb. 28, 2023	Feb. 28, 2022
Income Tax [Line Items]
Effective tax rate on earnings from operations	28%	27.20%	30.90%
Tax benefit recognized	50%
Unrecognized tax benefits, including accrued interest and penalties	$ 100,000	$ 100,000
Unrecognized interest or penalties other than tax benefits	0	$ 0	$ 0
Internal Revenue Service (IRS) [Member] | Flesh Company and Impressions Direct [Member]
Income Tax [Line Items]
Operating loss carryforwards	2,700,000
Operating loss carryforwards,maximum limitations of use per year	$ 200,000
Operating loss carryforwards expiration year	2040

Income Taxes - Statutory U.S. F

Income Taxes - Statutory U.S. Federal Income Tax Rate to Company's Effective Tax Rate (Detail)	12 Months Ended
	Feb. 29, 2024	Feb. 28, 2023	Feb. 28, 2022
Income Tax Disclosure [Abstract]
Statutory rate	21%	21%	21%
Provision for state income taxes, net of federal income tax benefit	4.30%	3.90%	5.80%
Federal true-up	1.80%	1.50%	0.30%
Stock compensation and Section 162(m) limitation	0.90%	0.80%	3.80%
Total	28%	27.20%	30.90%

Income Taxes - Components of De

Income Taxes - Components of Deferred Income Tax Assets and Liabilities (Detail) - USD ($) $ in Thousands	Feb. 29, 2024	Feb. 28, 2023
Deferred tax assets
Allowance for credit losses	$ 385	$ 345
Inventories	1,128	1,170
Employee compensation and benefits	712	833
Pension and noncurrent employee compensation benefits	952	1,009
Property tax	0	161
Operating lease liabilities	2,529	3,274
Net operating loss and foreign tax credits	878	996
Other	0	277
Total deferred tax assets	6,584	8,065
Less: valuation allowance	(408)	(1,242)
Total deferred tax assets, net	6,176	6,823
Deferred tax liabilities
Property, plant and equipment	3,137	4,902
Goodwill and other intangible assets	9,739	9,683
Right-of-use assets	2,466	3,204
Other	139	132
Total deferred tax liabilities	15,481	17,921
Net deferred income tax liabilities	$ 9,305	$ 11,098

Income Taxes - Reconciliation o

Income Taxes - Reconciliation of Change in Unrecognized Tax Benefits (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 29, 2024	Feb. 28, 2023
Income Tax Disclosure [Abstract]
Beginning Balance	$ 202	$ 166
Additions based on tax positions	66	66
Reductions due to lapses of statues of limitations	(30)	(30)
Ending Balance	$ 238	$ 202

Earnings per Share - Computatio

Earnings per Share - Computation for Basic and Diluted Earnings (loss) per Share (Detail) - $ / shares	12 Months Ended
	Feb. 29, 2024	Feb. 28, 2023	Feb. 28, 2022
Earnings Per Share [Abstract]
Basic weighted average common shares outstanding	25,842,798	25,818,737	26,026,477
Effect of dilutive RSUs	97,278	132,404	82,864
Diluted weighted average common shares outstanding	25,940,076	25,951,141	26,109,341
Earnings per share
Basic	$ 1.65	$ 1.83	$ 1.11
Diluted	1.64	1.82	1.11
Cash dividends per share	$ 1	$ 1	$ 0.975

Earnings per Share - Additional

Earnings per Share - Additional Information (Detail) - USD ($)	12 Months Ended
	Feb. 29, 2024	Feb. 28, 2023	Feb. 28, 2022
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Undistributed earnings	$ 0
Options outstanding	0	0	0
Stock Option
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share	52,500

Supplemental Cash and Non-Cas_3

Supplemental Cash and Non-Cash Flow Information - Net Cash Flows from Operating Activities Reflect Cash Payments for Interest and Income Taxes (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 29, 2024	Feb. 28, 2023	Feb. 28, 2022
Supplemental disclosure of cash flow information
Interest paid, net	$ 0	$ 0	$ 57
Income taxes paid, net of refunds	$ 19,233	$ 17,966	$ 11,626

Supplemental Cash and Non-Cas_4

Supplemental Cash and Non-Cash Flow Information - Additional Information (Detail) $ in Millions	12 Months Ended
	Feb. 28, 2023 USD ($)
Supplemental Cash Flow Elements [Abstract]
Note receivable from sale of manufacturing facility	$ 4.5

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 29, 2024	Feb. 28, 2023	Feb. 28, 2022
Related Party Transaction [Line Items]
Operating lease right-of-use assets	$ 9,827	$ 13,133
Operating lease liability	9,574
Operating lease cost	$ 5,632	$ 5,974	$ 6,217
Operating Lease, Lease Income, Statement of Income or Comprehensive Income [Extensible Enumeration]	Revenue from Contract with Customer, Excluding Assessed Tax	Revenue from Contract with Customer, Excluding Assessed Tax
Integrated Print & Graphics (Integrated) [Member]
Related Party Transaction [Line Items]
Operating lease right-of-use assets	$ 400
Operating lease liability	400
Operating lease cost	400
Sales received from lease	$ 3,000

Concentrations of Risk - Additi

Concentrations of Risk - Additional Information (Detail) - USD ($)	12 Months Ended
	Feb. 29, 2024	Feb. 28, 2023	Feb. 28, 2022
Concentration Risk [Line Items]
Cash balances not federally insured	$ 80,800,000
Maximum [Member]
Concentration Risk [Line Items]
Maximum insurance available to depositors under the FDIC's general deposit insurance rules	250,000
Third Party Vendor [Member]
Concentration Risk [Line Items]
Due to related parties	$ 1,400,000	$ 3,300,000
Customer Concentration Risk [Member] | Net Sales [Member] | Maximum [Member]
Concentration Risk [Line Items]
Concentration risk, percentage	5%
Supplier Concentration Risk [Member] | Paper Products [Member] | Third Party Vendor [Member]
Concentration Risk [Line Items]
Concentration risk, percentage	40%	50%	51%