Ennis (EBF) 10-Q 2 Oct 19 2020 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Aug. 31, 2019	Sep. 27, 2019
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Aug. 31, 2019
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q2
Trading Symbol	EBF
Entity Registrant Name	ENNIS, INC.
Entity Central Index Key	0000033002
Current Fiscal Year End Date	--02-28
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding		26,103,362
Entity Current Reporting Status	Yes
Entity Shell Company	false
Entity File Number	1-5807
Entity Tax Identification Number	750256410
Entity Address, Address Line One	2441 Presidential Pkwy
Entity Address, City or Town	Midlothian
Entity Address, State or Province	Texas
Entity Address, Country	US
Entity Address, Postal Zip Code	76065
City Area Code	972
Local Phone Number	775-9801

Unaudited Consolidated Balance

Unaudited Consolidated Balance Sheets - USD ($) $ in Thousands	Aug. 31, 2019	Feb. 28, 2019
Current assets
Cash	$ 52,500	$ 88,442
Accounts receivable, net of allowance for doubtful receivables of $937 at August 31, 2019 and $1,020 at February 28, 2019	43,689	40,357
Prepaid expenses	974	1,760
Prepaid income taxes	769	195
Inventories	39,108	35,411
Total current assets	137,040	166,165
Property, plant and equipment
Plant, machinery and equipment	155,977	146,001
Land and buildings	58,124	56,394
Other	24,050	23,838
Total property, plant and equipment	238,151	226,233
Less accumulated depreciation	177,632	173,099
Net property, plant and equipment	60,519	53,134
Operating lease right-of-use assets	20,818
Goodwill	82,950	81,634
Intangible assets, net	60,713	61,272
Net pension asset	580	580
Other assets	268	300
Total assets	362,888	363,085
Current liabilities
Accounts payable	17,908	13,728
Accrued expenses	15,144	17,895
Current portion of operating lease liabilities	5,302
Total current liabilities	38,354	31,623
Long-term debt		30,000
Deferred income taxes	11,746	10,898
Operating lease liabilities, net of current portion	15,246
Other liabilities	1,525	1,437
Total liabilities	66,871	73,958
Commitments and contingencies
Shareholders’ equity
Preferred stock $10 par value, authorized 1,000,000 shares; none issued
Common stock $2.50 par value, authorized 40,000,000 shares; issued 30,053,443 shares at August 31, 2019 and February 28, 2019	75,134	75,134
Additional paid-in capital	122,359	123,065
Retained earnings	186,417	179,003
Accumulated other comprehensive loss:
Minimum pension liability, net of taxes	(16,248)	(16,704)
Treasury stock	(71,645)	(71,371)
Total shareholders’ equity	296,017	289,127
Total liabilities and shareholders' equity	$ 362,888	$ 363,085

Unaudited Consolidated Balanc_2

Unaudited Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Aug. 31, 2019	Feb. 28, 2019
Statement Of Financial Position [Abstract]
Allowance for doubtful receivables	$ 937	$ 1,020
Preferred stock, par value	$ 10	$ 10
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	0	0
Common stock, par value	$ 2.50	$ 2.50
Common stock, shares authorized	40,000,000	40,000,000
Common stock, shares issued	30,053,443	30,053,443

Unaudited Consolidated Statemen

Unaudited Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Aug. 31, 2019	Aug. 31, 2018	Aug. 31, 2019	Aug. 31, 2018
Income Statement [Abstract]
Net sales	$ 108,816	$ 98,591	$ 216,849	$ 192,010
Type of revenue [extensible list]	ebf:CommercialPrintedProductMember	ebf:CommercialPrintedProductMember	ebf:CommercialPrintedProductMember	ebf:CommercialPrintedProductMember
Cost of goods sold	$ 76,358	$ 68,268	$ 151,695	$ 131,496
Type of cost, good or service [extensible list]	ebf:CommercialPrintedProductMember	ebf:CommercialPrintedProductMember	ebf:CommercialPrintedProductMember	ebf:CommercialPrintedProductMember
Gross profit margin	$ 32,458	$ 30,323	$ 65,154	$ 60,514
Selling, general and administrative	19,644	17,567	39,347	35,302
Gain from disposal of assets		(2)		(6)
Income from operations	12,814	12,758	25,807	25,218
Other income (expense)
Interest expense	(280)	(287)	(597)	(548)
Other, net	348	285	688	415
Total other income (expense)	68	(2)	91	(133)
Earnings before income taxes	12,882	12,756	25,898	25,085
Income tax expense	3,349	3,189	6,733	6,271
Net earnings	$ 9,533	$ 9,567	$ 19,165	$ 18,814
Weighted average common shares outstanding
Basic	26,029,359	25,671,643	26,034,122	25,510,356
Diluted	26,029,359	25,685,514	26,034,122	25,522,831
Earnings per share
Basic	$ 0.37	$ 0.37	$ 0.74	$ 0.74
Diluted	0.37	0.37	0.74	0.74
Cash dividends per share	$ 0.225	$ 0.225	$ 0.450	$ 0.425

Unaudited Consolidated Statem_2

Unaudited Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Aug. 31, 2019	Aug. 31, 2018	Aug. 31, 2019	Aug. 31, 2018
Statement Of Income And Comprehensive Income [Abstract]
Net earnings	$ 9,533	$ 9,567	$ 19,165	$ 18,814
Adjustment to pension, net of taxes	222	247	456	508
Comprehensive income	$ 9,755	$ 9,814	$ 19,621	$ 19,322

Unaudited Consolidated Statem_3

Unaudited 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 [Member]
Beginning balance at Feb. 28, 2018	$ 261,704	$ 75,134	$ 121,333	$ 164,177	$ (16,428)	$ (82,512)
Beginning balance common stock, shares at Feb. 28, 2018		30,053,443
Beginning balance, treasury stock, shares at Feb. 28, 2018						(4,789,228)
Net earnings	9,247			9,247
Adjustment to pension, net of deferred tax	261				261
Dividends paid	(5,083)			(5,083)
Stock based compensation	327		327
Exercise of stock options and restricted stock			(1,390)			$ 1,390
Exercise of stock options and restricted stock, shares						80,692
Common stock repurchases	(680)					$ (680)
Common stock repurchases, shares						(37,943)
Ending balance at May. 31, 2018	265,776	$ 75,134	120,270	168,341	(16,167)	$ (81,802)
Ending balance common stock, shares at May. 31, 2018		30,053,443
Ending balance treasury stock, shares at May. 31, 2018						(4,746,479)
Beginning balance at Feb. 28, 2018	261,704	$ 75,134	121,333	164,177	(16,428)	$ (82,512)
Beginning balance common stock, shares at Feb. 28, 2018		30,053,443
Beginning balance, treasury stock, shares at Feb. 28, 2018						(4,789,228)
Net earnings	18,814
Adjustment to pension, net of deferred tax	508
Ending balance at Aug. 31, 2018	286,496	$ 75,134	122,353	172,180	(15,920)	$ (67,251)
Ending balance common stock, shares at Aug. 31, 2018		30,053,443
Ending balance treasury stock, shares at Aug. 31, 2018						(3,887,906)
Beginning balance at May. 31, 2018	265,776	$ 75,134	120,270	168,341	(16,167)	$ (81,802)
Beginning balance common stock, shares at May. 31, 2018		30,053,443
Beginning balance, treasury stock, shares at May. 31, 2018						(4,746,479)
Net earnings	9,567			9,567
Adjustment to pension, net of deferred tax	247				247
Dividends paid	(5,728)			(5,728)
Stock based compensation	347		347
Exercise of stock options and restricted stock	69		(138)			$ 207
Exercise of stock options and restricted stock, shares						29,447
Common stock issued for acquisition of business	16,218		1,874			$ 14,344
Common stock issued for acquisition of business, shares						829,126
Ending balance at Aug. 31, 2018	286,496	$ 75,134	122,353	172,180	(15,920)	$ (67,251)
Ending balance common stock, shares at Aug. 31, 2018		30,053,443
Ending balance treasury stock, shares at Aug. 31, 2018						(3,887,906)
Beginning balance at Feb. 28, 2019	$ 289,127	$ 75,134	123,065	179,003	(16,704)	$ (71,371)
Beginning balance common stock, shares at Feb. 28, 2019	30,053,443	30,053,443
Beginning balance, treasury stock, shares at Feb. 28, 2019						(4,097,099)
Net earnings	$ 9,632			9,632
Adjustment to pension, net of deferred tax	234				234
Dividends paid	(5,875)			(5,875)
Stock based compensation	358		358
Exercise of stock options and restricted stock			(1,312)			$ 1,312
Exercise of stock options and restricted stock, shares						83,095
Common stock repurchases	(1,212)					$ (1,212)
Common stock repurchases, shares						(62,038)
Ending balance at May. 31, 2019	292,264	$ 75,134	122,111	182,760	(16,470)	$ (71,271)
Ending balance common stock, shares at May. 31, 2019		30,053,443
Ending balance treasury stock, shares at May. 31, 2019						(4,076,042)
Beginning balance at Feb. 28, 2019	$ 289,127	$ 75,134	123,065	179,003	(16,704)	$ (71,371)
Beginning balance common stock, shares at Feb. 28, 2019	30,053,443	30,053,443
Beginning balance, treasury stock, shares at Feb. 28, 2019						(4,097,099)
Net earnings	$ 19,165
Adjustment to pension, net of deferred tax	$ 456
Common stock repurchases, shares	(84,051)
Ending balance at Aug. 31, 2019	$ 296,017	$ 75,134	122,359	186,417	(16,248)	$ (71,645)
Ending balance common stock, shares at Aug. 31, 2019	30,053,443	30,053,443
Ending balance treasury stock, shares at Aug. 31, 2019						(4,094,674)
Beginning balance at May. 31, 2019	$ 292,264	$ 75,134	122,111	182,760	(16,470)	$ (71,271)
Beginning balance common stock, shares at May. 31, 2019		30,053,443
Beginning balance, treasury stock, shares at May. 31, 2019						(4,076,042)
Net earnings	9,533			9,533
Adjustment to pension, net of deferred tax	222				222
Dividends paid	(5,876)			(5,876)
Stock based compensation	307		307
Exercise of stock options and restricted stock			(59)			$ 59
Exercise of stock options and restricted stock, shares						3,381
Common stock repurchases	(433)					$ (433)
Common stock repurchases, shares						(22,013)
Ending balance at Aug. 31, 2019	$ 296,017	$ 75,134	$ 122,359	$ 186,417	$ (16,248)	$ (71,645)
Ending balance common stock, shares at Aug. 31, 2019	30,053,443	30,053,443
Ending balance treasury stock, shares at Aug. 31, 2019						(4,094,674)

Unaudited Consolidated Statem_4

Unaudited Consolidated Statements of Changes in Shareholders' Equity (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Aug. 31, 2019	May 31, 2019	Aug. 31, 2018	May 31, 2018
Statement Of Stockholders Equity [Abstract]
Deferred tax adjusted to pension	$ 74	$ 78	$ 82	$ 87
Dividends paid per share	$ 0.225	$ 0.225	$ 0.225	$ 0.20

Unaudited Consolidated Statem_5

Unaudited Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Aug. 31, 2019	Aug. 31, 2018
Cash flows from operating activities:
Net earnings	$ 19,165	$ 18,814
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation	5,046	4,308
Amortization of deferred finance charges	47	57
Amortization of intangible assets	3,830	2,920
Gain from disposal of assets		(6)
Bad debt expense, net of recoveries	22	196
Stock based compensation	665	674
Net pension expense	590	659
Changes in operating assets and liabilities, net of the effects of acquisitions:
Accounts receivable	1,097	(1,708)
Prepaid expenses and income taxes	385	3,562
Inventories	(1,032)	(3,081)
Other assets	36	(4)
Accounts payable and accrued expenses	(1,966)	(1,941)
Other liabilities	(167)	(200)
Net cash provided by operating activities	27,718	24,250
Cash flows from investing activities:
Capital expenditures	(1,531)	(2,546)
Purchase of businesses, net of cash acquired	(18,733)	(27,035)
Proceeds from disposal of plant and property		6
Net cash used in investing activities	(20,264)	(29,575)
Cash flows from financing activities:
Repayment of debt	(30,000)
Dividends paid	(11,751)	(10,811)
Common stock repurchases	(1,645)	(680)
Proceeds from exercise of stock options		69
Net cash used in financing activities	(43,396)	(11,422)
Net change in cash	(35,942)	(16,747)
Cash at beginning of period	88,442	96,230
Cash at end of period	$ 52,500	$ 79,483

Significant Accounting Policies

Significant Accounting Policies and General Matters	6 Months Ended
	Aug. 31, 2019
Accounting Policies [Abstract]
Significant Accounting Policies and General Matters	1. Significant Accounting Policies and General Matters Basis of Presentation These unaudited consolidated financial statements of Ennis, Inc. and its subsidiaries (collectively referred to as the “Company,” “Registrant,” “Ennis,” or “we,” “us,” or “our”) for the period ended August 31, 2019 have been prepared in accordance with generally accepted accounting principles for interim financial reporting. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements and should be read in conjunction with the audited consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended February 28, 2019, from which the accompanying consolidated balance sheet at February 28, 2019 was derived. All intercompany balances and transactions have been eliminated in consolidation. In the opinion of management, all adjustments considered necessary for a fair presentation of the interim financial information have been included and are of a normal recurring nature. In preparing the financial statements, the Company is required to make estimates and assumptions that affect the disclosure and reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company evaluates these estimates and judgments on an ongoing basis, including those related to bad debts, inventory valuations, property, plant and equipment, intangible assets, pension plan, accrued liabilities, and income taxes. The Company bases estimates and judgments on historical experience and on various other factors that are believed to be reasonable under the circumstances. The results of operations for any interim period are not necessarily indicative of the results of operations for a full year. Recent Accounting Pronouncements In August 2018, the Financial Accounting Standards Board (“ FASB ASU Compensation-Retirement Benefits-Defined Benefit Plans-General (Topic 715-20): Disclosure Framework—Changes to the Disclosure Requirements for Defined Benefit Plans ASU 2018-14 In August 2018, the FASB issued ASU No. 2018-13, Fair Value Measurement (Topic 820) In June 2016, the FASB issued ASU No. 2016-03, Accounting for Credit Losses (Topic 326) In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) Based on the original guidance in ASU 2016-02, lessees and lessors would have been required to recognize and measure leases at the beginning of the earliest period presented using a modified retrospective approach, including a number of practical expedients. In July 2018, the FASB issued ASU No. 2018-11, Leases ASC 842 The Company adopted this guidance as of March 1, 2019, using the optional transition method and elected the option to not apply ASC 842 to comparative periods, which continue to be presented under the accounting standards in effect for those periods. The Company elected the ‘package of practical expedients’ as lessee, which permits it not to reassess under the new standard its prior conclusions about lease identification, lease classification and initial direct costs. Additionally, the Company elected to treat lease and non-lease components as a single lease component. Adoption of the new standard resulted in the recording of operating lease right-of-use (“ROU”) assets of $18.0 million and operating lease liabilities of $18.2 million. The difference between the leased assets and lease liabilities represents the existing deferred rent liabilities balance at adoption, resulting from historical straight line recognition of operating leases, which was reclassified upon adoption to reduce the measurement of the leased assets. The adoption of the standard did not have an impact on the Company’s shareholders’ equity, statement of operations, or cash flows.

Revenue

Revenue	6 Months Ended
	Aug. 31, 2019
Revenue From Contract With Customer [Abstract]
Revenue	2. Revenue On March 1, 2018, the Company adopted ASU 2014-09, Revenue from Contracts with Customers (Topic 606) ASU 2014-09 The adoption did not have a significant effect on the Company’s consolidated results of operations, financial position or cash flows. 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 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 freight on board (“FOB”) shipping point, or, to a lesser extent, upon delivery to the customer if the terms of the sale are FOB destination. 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, which for certain customers may be recognized over time rather than at a point in time. 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 commercial printed product revenue, 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 August 31, 2019. 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 60 days, based on the Company’s credit assessment of individual customers, as well as industry expectations. Product returns are not significant. 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. 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 generally have a duration of one year or less. Accordingly, the Company does not disclose the value of unsatisfied performance obligations nor the timing of revenue recognition.

Accounts Receivable and Allowan

Accounts Receivable and Allowance for Doubtful Receivables	6 Months Ended
	Aug. 31, 2019
Receivables [Abstract]
Accounts Receivable and Allowance for Doubtful Receivables	3. Accounts Receivable and Allowance for Doubtful Receivables 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 the United States. 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 doubtful receivables 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 creditworthiness, 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. The following table presents the activity in the Company’s allowance for doubtful receivables (in thousands): Three months ended Six months ended August 31, August 31, 2019 2018 2019 2018 Balance at beginning of period $ 1,041 $ 1,298 $ 1,020 $ 1,194 Bad debt expense, net of recoveries (18 ) 61 22 196 Accounts written off (86 ) (33 ) (105 ) (64 ) Balance at end of period $ 937 $ 1,326 $ 937 $ 1,326

Inventories

Inventories	6 Months Ended
	Aug. 31, 2019
Inventory Disclosure [Abstract]
Inventories	4. Inventories The Company uses the lower of last-in, first-out (“ LIFO FIFO The following table summarizes the components of inventories at the different stages of production as of the dates indicated (in thousands): August 31, February 28, 2019 2019 Raw material $ 23,286 $ 21,717 Work-in-process 4,879 4,172 Finished goods 10,943 9,522 $ 39,108 $ 35,411

Acquisitions

Acquisitions	6 Months Ended
	Aug. 31, 2019
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. On July 15, 2019, the Company acquired all the outstanding stock of The Flesh Company (“ Flesh The following is a summary of the preliminary purchase price allocation for Flesh (in thousands): Accounts receivable $ 2,480 Inventories 1,343 Other assets 152 Right-of-use asset 715 Property, plant & equipment 7,072 Customer lists 434 Trademarks 1,000 Non-compete 20 Goodwill 423 Accounts payable and accrued liabilities (2,351 ) Operating lease liability (700 ) Deferred income taxes (714 ) $ 9,874 On March 16, 2019, the Company, through one of its subsidiaries, acquired the assets of Integrated Print & Graphics (“ Integrated The following is a summary of the preliminary purchase price allocation for Integrated (in thousands): Accounts receivable $ 1,971 Inventories 1,322 Other assets 72 Property, plant & equipment 3,828 Right-of-use asset 2,041 Customer lists 896 Trademarks 896 Non-compete 25 Goodwill 893 Accounts payable and accrued liabilities (1,044 ) Operating lease liability (2,041 ) $ 8,859 On July 31, 2018, the Company issued an aggregate of 829,126 shares of common stock to the former stockholders of Wright Business Forms, Inc., d/b/a Wright Business Graphics (“ Wright Merger Agreement The purchase price of Wright was as follows (in thousands): Ennis shares of common stock $ 16,218 Cash 22,653 Purchase price of Wright Business Graphics $ 38,871 The following is a summary of the preliminary purchase price allocation for Wright (in thousands): Accounts receivable $ 5,220 Prepaid expenses 427 Inventories 4,365 Other assets 88 Property, plant & equipment 10,331 Non-compete 447 Customer lists 12,900 Trade names 3,830 Goodwill 11,031 Accounts payable and accrued liabilities (4,226 ) Deferred income taxes (5,542 ) $ 38,871 The results of operations for Wright, Integrated and Flesh 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 all Wright, Integrated and Flesh operations had been acquired as of March 1, 2018, after 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). Three months ended Six months ended August 31, August 31, 2019 2018 2019 2018 Pro forma net sales $ 112,142 $ 120,542 $ 228,278 $ 240,597 Pro forma net earnings 8,684 10,096 18,252 20,001 Pro forma earnings per share - diluted 0.33 0.39 0.70 0.78 The pro forma results are not necessarily indicative of what would have occurred if the acquisitions had been in effect for the period presented. On April 30, 2018, the Company acquired the assets of Allen-Bailey Tag & Label, a tag and label operation located in New York, for $4.7 million in cash plus the assumption of trade payables, subject to a working capital adjustment. In addition, contingent consideration of up to $500,000 is payable to the sellers if certain sales levels are maintained over the next three years. Management considers this acquisition to be immaterial.

Leases

Leases	6 Months Ended
	Aug. 31, 2019
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 six months ended August 31, 2019. 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. Components of lease expense for the three and six months ended August 31, 2019 were as follows (in thousands): Three months ended Six months ended August 31, 2019 Operating lease cost $ 1,622 $ 3,199 Supplemental cash flow information related to leases was as follows: Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from operating leases $ 1,617 $ 3,186 Right-of-use assets obtained in exchange for lease obligations Operating leases $ 3,246 $ 3,579 Weighted Average Remaining Lease Terms Operating leases 4 Years Weighted Average Discount Rate Operating leases 4.47 % Future minimum lease commitments under non-cancelable operating leases for each of the fiscal years ending are as follows (in thousands): Operating Lease Commitments 2020 (remaining 6 months) $ 3,170 2021 5,490 2022 4,641 2023 3,845 2024 2,935 2025 2,154 Thereafter 1,498 Total lease payments $ 23,733 Less imputed interest 2,840 Total lease payments $ 20,893

Goodwill and Intangible Assets

Goodwill and Intangible Assets	6 Months Ended
	Aug. 31, 2019
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 November 30 of each fiscal year. The Company considers 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. 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 August 31, 2019 (in years) Amount Amortization Net Amortized intangible assets Trademarks and trade names 12.6 $ 26,281 $ 4,795 $ 21,486 Customer lists 7.8 73,199 34,336 38,863 Non-compete 2.2 767 403 364 Patent — 783 783 — Total 9.5 $ 101,030 $ 40,317 $ 60,713 As of February 28, 2019 Amortized intangible assets Trademarks and trade names 13.8 $ 24,385 $ 3,906 $ 20,479 Customer lists 8.2 71,869 31,498 40,371 Non-compete 2.5 722 300 422 Patent — 783 783 — Total 10.0 $ 97,759 $ 36,487 $ 61,272 Aggregate amortization expense for the six months ended August 31, 2019 and August 31, 2018 was $3.8 million and $2.9 million, respectively. The Company’s estimated amortization expense for the current and next four fiscal years is as follows (in thousands): 2020 $ 7,692 2021 7,637 2022 7,463 2023 6,614 2024 6,576 Changes in the net carrying amount of goodwill as of the dates indicated are as follows (in thousands): Balance as of March 1, 2018 $ 70,603 Goodwill acquired 11,031 Balance as of February 28, 2019 81,634 Goodwill acquired 1,316 Balance as of August 31, 2019 $ 82,950 During the six months ended August 31, 2019, $1.3 million was added to goodwill related to the acquisitions of Integrated and Flesh.

Accrued Expenses

Accrued Expenses	6 Months Ended
	Aug. 31, 2019
Payables And Accruals [Abstract]
Accrued Expenses	8. Accrued Expenses The following table summarizes the components of accrued expenses as of the dates indicated (in thousands): August 31, February 28, 2019 2019 Employee compensation and benefits $ 12,271 $ 15,950 Taxes other than income 1,568 583 Accrued legal and professional fees 223 203 Accrued interest 60 188 Accrued utilities 90 90 Accrued acquisition related obligations 318 214 Accrued credit card fees 146 146 Other accrued expenses 468 521 $ 15,144 $ 17,895

Long-Term Debt

Long-Term Debt	6 Months Ended
	Aug. 31, 2019
Debt Disclosure [Abstract]
Long-Term Debt	9. Long-Term Debt Long-term debt consisted of the following as of the dates indicated (in thousands): August 31, February 28, 2019 2019 Revolving credit facility $ — $ 30,000 The Company is party to a Second Amended and Restated Credit Agreement, as amended, restated, supplemented or modified from time to time, pursuant to which a credit facility has been extended to the Company until August 11, 2020 (the “ Credit Facility The Credit Facility bears interest at the LIBOR rate plus a spread ranging from 1.0% to 2.0%, which rate was 3.6% (3 month LIBOR + 1.0%) at February 28, 2019. The Company had no outstanding long-term debt under the revolving credit line as of August 31, 2019. The rate is determined by the Company’s fixed charge coverage ratio of total funded debt to earnings before interest, taxes, depreciation and amortization (“ EBITDA

Shareholders' Equity

Shareholders' Equity	6 Months Ended
	Aug. 31, 2019
Equity [Abstract]
Shareholders' Equity	10. Shareholders’ Equity The Company’s board of directors has authorized the repurchase of the Company’s outstanding common stock through a stock repurchase program, which authorized amount is currently up to $40.0 million. Under the repurchase program, share 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 six months ended August 31, 2019 the Company, under the program, repurchased 84,051 shares of common stock at an average price of $19.58 per share. Since the program’s inception in October 2008, there have been 1,774,075 common shares repurchased at an average price of $15.83 per share. As of August 31, 2019, $11.9 million was 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	6 Months Ended
	Aug. 31, 2019
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Stock Option Plan and Stock Based Compensation	11. Stock Option Plan and Stock Based Compensation The Company grants stock options and restricted stock to key executives, managerial employees and non-employee directors. At August 31, 2019, the Company had one stock option plan, the 2004 Long-Term Incentive Plan of Ennis, Inc., as amended and restated as of June 30, 2011 (the “ Plan The Company recognizes compensation expense for stock options and restricted stock grants on a straight-line basis over the requisite service period. For the three months ended August 31, 2019 and August 31, 2018, the Company included compensation expense related to share-based compensation of $0.3 million and $0.4 million, respectively, in selling general, and administrative expenses. For the six months ended August 31, 2019 and August 31, 2018, the Company included compensation expense related to share-based compensation of $0.7 million and $0.7 million, respectively, in selling, general, and administrative expenses. Stock Options As of August 31, 2019, the Company had no outstanding vested or unvested stock options. The Company had the following stock option activity for the six months ended August 31, 2019: Weighted Weighted Average Aggregate Number Average Remaining Intrinsic of Shares Exercise Contractual Value(a) (exact quantity) Price Life (in years) (in Outstanding at March 1, 2019 61,590 $ 15.88 1.8 $ 327 Granted — — Terminated — — Exercised (61,590 ) $ 15.88 Outstanding at August 31, 2019 — — — — Exercisable at August 31, 2019 — — — — (a) Intrinsic value is measured as the excess of fair market value of the Company’s common stock as reported on the New York Stock Exchange over the applicable exercise price. No stock options were granted during the six months ended August 31, 2019 and August 31, 2018. A summary of the stock options exercised and tax benefits realized from stock based compensation is presented below (in thousands): Three months ended Six months ended August 31, August 31, 2019 2018 2019 2018 Total cash received $ — $ 69 $ — 69 Income tax benefits — — — — Total grant-date fair value — 345 201 345 Intrinsic value — 534 267 534 The Company had no unvested stock options outstanding at any time during the six months ended August 31, 2019. Restricted Stock The Company had the following restricted stock activity for the six months ended August 31, 2019: Weighted Average Number of Grant Date Shares Fair Value Outstanding at March 1, 2019 155,105 $ 19.03 Granted 66,669 20.41 Terminated (3,920 ) 17.02 Vested (73,261 ) 18.94 Outstanding at August 31, 2019 144,593 $ 19.77 As of August 31, 2019, the total remaining unrecognized compensation cost related to unvested restricted stock granted under the Plan was approximately $2.4 million. The weighted average remaining requisite service period of the unvested restricted stock awards was 2.0 years.

Pension Plan

Pension Plan	6 Months Ended
	Aug. 31, 2019
Compensation And Retirement Disclosure [Abstract]
Pension Plan	12. Pension Plan The Company and certain subsidiaries have a noncontributory defined benefit retirement plan (the “ Pension Plan 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 earnings (in thousands): Three months ended Six months ended August 31, August 31, 2019 2018 2019 2018 Components of net periodic benefit cost Service cost $ 272 $ 276 $ 544 $ 553 Interest cost 563 569 1,127 1,137 Expected return on plan assets (1,049 ) (1,027 ) (2,099 ) (2,054 ) Amortization of: Unrecognized net loss 509 512 1,018 1,023 Net periodic benefit cost $ 295 $ 330 $ 590 $ 659 The Company is required to make contributions to the Pension Plan. These contributions are required under the minimum funding requirements of the Employee Retirement Income Security Act of 1974 (“ ERISA

Earnings Per Share

Earnings Per Share	6 Months Ended
	Aug. 31, 2019
Earnings Per Share [Abstract]
Earnings Per Share	13. 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. As of August 31, 2019, no options were outstanding. For the three and six months ended August 31, 2018, all options were included in the diluted earnings per share computation because the average fair market value of the Company’s stock exceeded the exercise price of the options. Three months ended Six months ended August 31, August 31, 2019 2018 2019 2018 Basic weighted average common shares outstanding 26,029,359 25,671,643 26,034,122 25,510,356 Effect of dilutive options — 13,871 — 12,475 Diluted weighted average common shares outstanding 26,029,359 25,685,514 26,034,122 25,522,831 Earnings per share Net earnings - basic $ 0.37 $ 0.37 $ 0.74 $ 0.74 Net earnings - diluted $ 0.37 $ 0.37 $ 0.74 $ 0.74 Cash dividends $ 0.225 $ 0.225 $ 0.450 $ 0.425

Concentrations of Risk

Concentrations of Risk	6 Months Ended
	Aug. 31, 2019
Risks And Uncertainties [Abstract]
Concentrations of Risk	14. 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 doubtful receivables to cover the Company’s estimate of credit losses associated with accounts receivable. The Company, for quality and pricing reasons, purchases its paper products from a limited number of suppliers. 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 August 31, 2019, cash balances included $50.2 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, no assurance can be made that the Company will not experience losses on the Company’s deposits.

Subsequent Events

Subsequent Events	6 Months Ended
	Aug. 31, 2019
Subsequent Events [Abstract]
Subsequent Events	15. Subsequent Events On September 20, 2019, the Company’s board of directors declared a quarterly dividend on the Company’s common stock of 22.5 cents per share, which will be paid on November 8, 2019 to shareholders of record as of October 11, 2019.

Significant Accounting Polici_2

Significant Accounting Policies and General Matters (Policies)	6 Months Ended
	Aug. 31, 2019
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation These unaudited consolidated financial statements of Ennis, Inc. and its subsidiaries (collectively referred to as the “Company,” “Registrant,” “Ennis,” or “we,” “us,” or “our”) for the period ended August 31, 2019 have been prepared in accordance with generally accepted accounting principles for interim financial reporting. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements and should be read in conjunction with the audited consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended February 28, 2019, from which the accompanying consolidated balance sheet at February 28, 2019 was derived. All intercompany balances and transactions have been eliminated in consolidation. In the opinion of management, all adjustments considered necessary for a fair presentation of the interim financial information have been included and are of a normal recurring nature. In preparing the financial statements, the Company is required to make estimates and assumptions that affect the disclosure and reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company evaluates these estimates and judgments on an ongoing basis, including those related to bad debts, inventory valuations, property, plant and equipment, intangible assets, pension plan, accrued liabilities, and income taxes. The Company bases estimates and judgments on historical experience and on various other factors that are believed to be reasonable under the circumstances. The results of operations for any interim period are not necessarily indicative of the results of operations for a full year.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In August 2018, the Financial Accounting Standards Board (“ FASB ASU Compensation-Retirement Benefits-Defined Benefit Plans-General (Topic 715-20): Disclosure Framework—Changes to the Disclosure Requirements for Defined Benefit Plans ASU 2018-14 In August 2018, the FASB issued ASU No. 2018-13, Fair Value Measurement (Topic 820) In June 2016, the FASB issued ASU No. 2016-03, Accounting for Credit Losses (Topic 326) In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) Based on the original guidance in ASU 2016-02, lessees and lessors would have been required to recognize and measure leases at the beginning of the earliest period presented using a modified retrospective approach, including a number of practical expedients. In July 2018, the FASB issued ASU No. 2018-11, Leases ASC 842 The Company adopted this guidance as of March 1, 2019, using the optional transition method and elected the option to not apply ASC 842 to comparative periods, which continue to be presented under the accounting standards in effect for those periods. The Company elected the ‘package of practical expedients’ as lessee, which permits it not to reassess under the new standard its prior conclusions about lease identification, lease classification and initial direct costs. Additionally, the Company elected to treat lease and non-lease components as a single lease component. Adoption of the new standard resulted in the recording of operating lease right-of-use (“ROU”) assets of $18.0 million and operating lease liabilities of $18.2 million. The difference between the leased assets and lease liabilities represents the existing deferred rent liabilities balance at adoption, resulting from historical straight line recognition of operating leases, which was reclassified upon adoption to reduce the measurement of the leased assets. The adoption of the standard did not have an impact on the Company’s shareholders’ equity, statement of operations, or cash flows.

Accounts Receivable and Allow_2

Accounts Receivable and Allowance for Doubtful Receivables (Tables)	6 Months Ended
	Aug. 31, 2019
Receivables [Abstract]
Allowance for Doubtful Receivables	The following table presents the activity in the Company’s allowance for doubtful receivables (in thousands): Three months ended Six months ended August 31, August 31, 2019 2018 2019 2018 Balance at beginning of period $ 1,041 $ 1,298 $ 1,020 $ 1,194 Bad debt expense, net of recoveries (18 ) 61 22 196 Accounts written off (86 ) (33 ) (105 ) (64 ) Balance at end of period $ 937 $ 1,326 $ 937 $ 1,326

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Aug. 31, 2019
Inventory Disclosure [Abstract]
Components of Inventories	The following table summarizes the components of inventories at the different stages of production as of the dates indicated (in thousands): August 31, February 28, 2019 2019 Raw material $ 23,286 $ 21,717 Work-in-process 4,879 4,172 Finished goods 10,943 9,522 $ 39,108 $ 35,411

Acquisitions (Tables)

Acquisitions (Tables)	6 Months Ended
	Aug. 31, 2019
Business Acquisition [Line Items]
Summary of Purchase Price	The purchase price of Wright was as follows (in thousands): Ennis shares of common stock $ 16,218 Cash 22,653 Purchase price of Wright Business Graphics $ 38,871
Summary of Operating Information on a Pro Forma Basis	The following table sets forth certain operating information on a pro forma basis as though all Wright, Integrated and Flesh operations had been acquired as of March 1, 2018, after 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). Three months ended Six months ended August 31, August 31, 2019 2018 2019 2018 Pro forma net sales $ 112,142 $ 120,542 $ 228,278 $ 240,597 Pro forma net earnings 8,684 10,096 18,252 20,001 Pro forma earnings per share - diluted 0.33 0.39 0.70 0.78
The Flesh Company (Flesh) [Member]
Business Acquisition [Line Items]
Summary of Purchase Price Allocation	The following is a summary of the preliminary purchase price allocation for Flesh (in thousands): Accounts receivable $ 2,480 Inventories 1,343 Other assets 152 Right-of-use asset 715 Property, plant & equipment 7,072 Customer lists 434 Trademarks 1,000 Non-compete 20 Goodwill 423 Accounts payable and accrued liabilities (2,351 ) Operating lease liability (700 ) Deferred income taxes (714 ) $ 9,874
Integrated Print & Graphics (Integrated) [Member]
Business Acquisition [Line Items]
Summary of Purchase Price Allocation	The following is a summary of the preliminary purchase price allocation for Integrated (in thousands): Accounts receivable $ 1,971 Inventories 1,322 Other assets 72 Property, plant & equipment 3,828 Right-of-use asset 2,041 Customer lists 896 Trademarks 896 Non-compete 25 Goodwill 893 Accounts payable and accrued liabilities (1,044 ) Operating lease liability (2,041 ) $ 8,859
Wright Business Graphics, Inc [Member]
Business Acquisition [Line Items]
Summary of Purchase Price Allocation	The following is a summary of the preliminary purchase price allocation for Wright (in thousands): Accounts receivable $ 5,220 Prepaid expenses 427 Inventories 4,365 Other assets 88 Property, plant & equipment 10,331 Non-compete 447 Customer lists 12,900 Trade names 3,830 Goodwill 11,031 Accounts payable and accrued liabilities (4,226 ) Deferred income taxes (5,542 ) $ 38,871

Leases (Tables)

Leases (Tables)	6 Months Ended
	Aug. 31, 2019
Leases [Abstract]
Components of Lease Expense	Components of lease expense for the three and six months ended August 31, 2019 were as follows (in thousands): Three months ended Six months ended August 31, 2019 Operating lease cost $ 1,622 $ 3,199 Supplemental cash flow information related to leases was as follows: Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from operating leases $ 1,617 $ 3,186 Right-of-use assets obtained in exchange for lease obligations Operating leases $ 3,246 $ 3,579 Weighted Average Remaining Lease Terms Operating leases 4 Years Weighted Average Discount Rate Operating leases 4.47 %
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 2020 (remaining 6 months) $ 3,170 2021 5,490 2022 4,641 2023 3,845 2024 2,935 2025 2,154 Thereafter 1,498 Total lease payments $ 23,733 Less imputed interest 2,840 Total lease payments $ 20,893

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	6 Months Ended
	Aug. 31, 2019
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 August 31, 2019 (in years) Amount Amortization Net Amortized intangible assets Trademarks and trade names 12.6 $ 26,281 $ 4,795 $ 21,486 Customer lists 7.8 73,199 34,336 38,863 Non-compete 2.2 767 403 364 Patent — 783 783 — Total 9.5 $ 101,030 $ 40,317 $ 60,713 As of February 28, 2019 Amortized intangible assets Trademarks and trade names 13.8 $ 24,385 $ 3,906 $ 20,479 Customer lists 8.2 71,869 31,498 40,371 Non-compete 2.5 722 300 422 Patent — 783 783 — Total 10.0 $ 97,759 $ 36,487 $ 61,272
Estimated Amortization Expense	The Company’s estimated amortization expense for the current and next four fiscal years is as follows (in thousands): 2020 $ 7,692 2021 7,637 2022 7,463 2023 6,614 2024 6,576
Changes in Net Carrying Amount of Goodwill	Changes in the net carrying amount of goodwill as of the dates indicated are as follows (in thousands): Balance as of March 1, 2018 $ 70,603 Goodwill acquired 11,031 Balance as of February 28, 2019 81,634 Goodwill acquired 1,316 Balance as of August 31, 2019 $ 82,950

Accrued Expenses (Tables)

Accrued Expenses (Tables)	6 Months Ended
	Aug. 31, 2019
Payables And Accruals [Abstract]
Components of Accrued Expenses	The following table summarizes the components of accrued expenses as of the dates indicated (in thousands): August 31, February 28, 2019 2019 Employee compensation and benefits $ 12,271 $ 15,950 Taxes other than income 1,568 583 Accrued legal and professional fees 223 203 Accrued interest 60 188 Accrued utilities 90 90 Accrued acquisition related obligations 318 214 Accrued credit card fees 146 146 Other accrued expenses 468 521 $ 15,144 $ 17,895

Long-Term Debt (Tables)

Long-Term Debt (Tables)	6 Months Ended
	Aug. 31, 2019
Debt Disclosure [Abstract]
Summary of Long-Term Debt	Long-term debt consisted of the following as of the dates indicated (in thousands): August 31, February 28, 2019 2019 Revolving credit facility $ — $ 30,000

Stock Option Plan and Stock B_2

Stock Option Plan and Stock Based Compensation (Tables)	6 Months Ended
	Aug. 31, 2019
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Stock Option Activity	As of August 31, 2019, the Company had no outstanding vested or unvested stock options. The Company had the following stock option activity for the six months ended August 31, 2019: Weighted Weighted Average Aggregate Number Average Remaining Intrinsic of Shares Exercise Contractual Value(a) (exact quantity) Price Life (in years) (in Outstanding at March 1, 2019 61,590 $ 15.88 1.8 $ 327 Granted — — Terminated — — Exercised (61,590 ) $ 15.88 Outstanding at August 31, 2019 — — — — Exercisable at August 31, 2019 — — — — (a) Intrinsic value is measured as the excess of fair market value of the Company’s common stock as reported on the New York Stock Exchange over the applicable exercise price.
Summary of Stock Options Exercised and Tax Benefits Realized from Stock Based Compensation	A summary of the stock options exercised and tax benefits realized from stock based compensation is presented below (in thousands): Three months ended Six months ended August 31, August 31, 2019 2018 2019 2018 Total cash received $ — $ 69 $ — 69 Income tax benefits — — — — Total grant-date fair value — 345 201 345 Intrinsic value — 534 267 534
Restricted Stock Activity	The Company had the following restricted stock activity for the six months ended August 31, 2019: Weighted Average Number of Grant Date Shares Fair Value Outstanding at March 1, 2019 155,105 $ 19.03 Granted 66,669 20.41 Terminated (3,920 ) 17.02 Vested (73,261 ) 18.94 Outstanding at August 31, 2019 144,593 $ 19.77

Pension Plan (Tables)

Pension Plan (Tables)	6 Months Ended
	Aug. 31, 2019
Compensation And Retirement Disclosure [Abstract]
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 earnings (in thousands): Three months ended Six months ended August 31, August 31, 2019 2018 2019 2018 Components of net periodic benefit cost Service cost $ 272 $ 276 $ 544 $ 553 Interest cost 563 569 1,127 1,137 Expected return on plan assets (1,049 ) (1,027 ) (2,099 ) (2,054 ) Amortization of: Unrecognized net loss 509 512 1,018 1,023 Net periodic benefit cost $ 295 $ 330 $ 590 $ 659

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Aug. 31, 2019
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 periods indicated: Three months ended Six months ended August 31, August 31, 2019 2018 2019 2018 Basic weighted average common shares outstanding 26,029,359 25,671,643 26,034,122 25,510,356 Effect of dilutive options — 13,871 — 12,475 Diluted weighted average common shares outstanding 26,029,359 25,685,514 26,034,122 25,522,831 Earnings per share Net earnings - basic $ 0.37 $ 0.37 $ 0.74 $ 0.74 Net earnings - diluted $ 0.37 $ 0.37 $ 0.74 $ 0.74 Cash dividends $ 0.225 $ 0.225 $ 0.450 $ 0.425

Significant Accounting Polici_3

Significant Accounting Policies and General Matters - Additional Information (Detail) - USD ($) $ in Thousands	Aug. 31, 2019	Mar. 01, 2019
Accounting Policies [Abstract]
Operating lease right-of-use assets	$ 20,818	$ 18,000
Operating lease liability	$ 20,893	$ 18,200

Revenue - Additional Informatio

Revenue - Additional Information (Detail)	6 Months Ended
	Aug. 31, 2019
Disaggregation Of Revenue [Line Items]
Revenue unsatisfied performance obligation, practical expedient	true
Minimum [Member]
Disaggregation Of Revenue [Line Items]
Contract with customer, customer payment terms	30 days
Maximum [Member]
Disaggregation Of Revenue [Line Items]
Contract with customer, customer payment terms	60 days

Accounts Receivable and Allow_3

Accounts Receivable and Allowance for Doubtful Receivables - Allowance for Doubtful Receivables (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Aug. 31, 2019	Aug. 31, 2018	Aug. 31, 2019	Aug. 31, 2018
Receivables [Abstract]
Balance at beginning of period	$ 1,041	$ 1,298	$ 1,020	$ 1,194
Bad debt expense, net of recoveries	(18)	61	22	196
Accounts written off	(86)	(33)	(105)	(64)
Balance at end of period	$ 937	$ 1,326	$ 937	$ 1,326

Inventories - Components of Inv

Inventories - Components of Inventories (Detail) - USD ($) $ in Thousands	Aug. 31, 2019	Feb. 28, 2019
Inventory Disclosure [Abstract]
Raw material	$ 23,286	$ 21,717
Work-in-process	4,879	4,172
Finished goods	10,943	9,522
Inventories	$ 39,108	$ 35,411

Acquisitions - Additional Infor

Acquisitions - Additional Information (Detail)	Jul. 15, 2019USD ($)	Mar. 16, 2019USD ($)	Jul. 31, 2018USD ($)shares	Apr. 30, 2018USD ($)	Aug. 31, 2019USD ($)Location	Aug. 31, 2019USD ($)	Feb. 28, 2019USD ($)	Feb. 28, 2018USD ($)
Business Acquisition [Line Items]
Percentage of assets acquired and liabilities assumed at their acquisition date fair values					100.00%	100.00%
Goodwill					$ 82,950,000	$ 82,950,000	$ 81,634,000	$ 70,603,000
The Flesh Company (Flesh) [Member]
Business Acquisition [Line Items]
Total purchase consideration	$ 9,874,000
Contingent consideration payable, period	4 years
Number of locations | Location					2
Acquisition related costs incurred					$ 175,000
Intangible assets	$ 1,500,000
Net sales	31,000,000
Goodwill	423,000
Integrated Print & Graphics (Integrated) [Member]
Business Acquisition [Line Items]
Total purchase consideration		$ 8,859,000
Acquisition related costs incurred					$ 29,000
Intangible assets		1,800,000
Net sales		20,000,000
Goodwill		$ 893,000
Wright Business Graphics, Inc [Member]
Business Acquisition [Line Items]
Total purchase consideration			$ 38,871,000
Acquisition related costs incurred						$ 200,000
Net sales			58,000,000
Goodwill			$ 11,031,000
Issuance of common stock in connection with merger, shares | shares			829,126
Business acquisition, date of acquisition			Jul. 16, 2018
Issuance of common stock in connection with merger, value			$ 16,218,000
Cash paid for final working capital adjustment in connection with merger			19,700,000
Business acquisition payment for outstanding debt			$ 2,600,000
Tag and Label Company [Member]
Business Acquisition [Line Items]
Total purchase consideration				$ 4,700,000
Contingent consideration payable, period				3 years
Maximum [Member] | The Flesh Company (Flesh) [Member]
Business Acquisition [Line Items]
Potential earn-out consideration	500,000
Contingent consideration payable	$ 500,000
Maximum [Member] | Tag and Label Company [Member]
Business Acquisition [Line Items]
Contingent consideration payable				$ 500,000

Acquisitions - Summary of Preli

Acquisitions - Summary of Preliminary Purchase Price Allocation (Detail) - USD ($) $ in Thousands	Aug. 31, 2019	Jul. 15, 2019	Mar. 16, 2019	Feb. 28, 2019	Jul. 31, 2018	Feb. 28, 2018
Business Acquisition [Line Items]
Goodwill	$ 82,950			$ 81,634		$ 70,603
The Flesh Company (Flesh) [Member]
Business Acquisition [Line Items]
Accounts receivable		$ 2,480
Inventories		1,343
Other assets		152
Right-of-use asset		715
Property, plant & equipment		7,072
Goodwill		423
Accounts payable and accrued liabilities		(2,351)
Operating lease liability		(700)
Deferred income taxes		(714)
Total purchase consideration		9,874
Integrated Print & Graphics (Integrated) [Member]
Business Acquisition [Line Items]
Accounts receivable			$ 1,971
Inventories			1,322
Other assets			72
Right-of-use asset			2,041
Property, plant & equipment			3,828
Goodwill			893
Accounts payable and accrued liabilities			(1,044)
Operating lease liability			(2,041)
Total purchase consideration			8,859
Wright Business Graphics, Inc [Member]
Business Acquisition [Line Items]
Accounts receivable					$ 5,220
Prepaid expenses					427
Inventories					4,365
Other assets					88
Property, plant & equipment					10,331
Goodwill					11,031
Accounts payable and accrued liabilities					(4,226)
Deferred income taxes					(5,542)
Total purchase consideration					38,871
Customer Lists [Member] | The Flesh Company (Flesh) [Member]
Business Acquisition [Line Items]
Non-compete, Customer lists, Trade names and Trademark		434
Customer Lists [Member] | Integrated Print & Graphics (Integrated) [Member]
Business Acquisition [Line Items]
Non-compete, Customer lists, Trade names and Trademark			896
Customer Lists [Member] | Wright Business Graphics, Inc [Member]
Business Acquisition [Line Items]
Non-compete, Customer lists, Trade names and Trademark					12,900
Trademarks [Member] | The Flesh Company (Flesh) [Member]
Business Acquisition [Line Items]
Non-compete, Customer lists, Trade names and Trademark		1,000
Trademarks [Member] | Integrated Print & Graphics (Integrated) [Member]
Business Acquisition [Line Items]
Non-compete, Customer lists, Trade names and Trademark			896
Non-Compete [Member] | The Flesh Company (Flesh) [Member]
Business Acquisition [Line Items]
Non-compete, Customer lists, Trade names and Trademark		$ 20
Non-Compete [Member] | Integrated Print & Graphics (Integrated) [Member]
Business Acquisition [Line Items]
Non-compete, Customer lists, Trade names and Trademark			$ 25
Non-Compete [Member] | Wright Business Graphics, Inc [Member]
Business Acquisition [Line Items]
Non-compete, Customer lists, Trade names and Trademark					447
Trade Names [Member] | Wright Business Graphics, Inc [Member]
Business Acquisition [Line Items]
Non-compete, Customer lists, Trade names and Trademark					$ 3,830

Acquisitions - Summary of Purch

Acquisitions - Summary of Purchase Price (Detail) - Wright Business Graphics, Inc [Member] $ in Thousands	Jul. 31, 2018USD ($)
Business Acquisition [Line Items]
Ennis shares of common stock	$ 16,218
Cash	22,653
Purchase price of Wright Business Graphics	$ 38,871

Acquisitions - Summary of Opera

Acquisitions - Summary of Operating Information on Pro Forma Basis (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Aug. 31, 2019	Aug. 31, 2018	Aug. 31, 2019	Aug. 31, 2018
Business Combinations [Abstract]
Pro forma net sales	$ 112,142	$ 120,542	$ 228,278	$ 240,597
Pro forma net earnings	$ 8,684	$ 10,096	$ 18,252	$ 20,001
Pro forma earnings per share - diluted	$ 0.33	$ 0.39	$ 0.70	$ 0.78

Leases - Additional Information

Leases - Additional Information (Detail)	6 Months Ended
	Aug. 31, 2019USD ($)
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
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) $ in Thousands	3 Months Ended	6 Months Ended
	Aug. 31, 2019USD ($)	Aug. 31, 2019USD ($)
Lease Cost [Abstract]
Operating lease cost	$ 1,622	$ 3,199
Supplemental cash flow information related to leases was as follows:
Cash paid for amounts included in the measurement of lease liabilities, Operating cash flows from operating leases	1,617	3,186
Right-of-use assets obtained in exchange for lease obligations, Operating leases	$ 3,246	$ 3,579
Weighted Average Remaining Lease Terms, Operating leases	4 years	4 years
Weighted Average Discount Rate, Operating leases	4.47%	4.47%

Leases - Summary of Future Mini

Leases - Summary of Future Minimum Lease Commitments Under Non-cancelable Operating Leases (Detail) - USD ($) $ in Thousands	Aug. 31, 2019	Mar. 01, 2019
Operating Lease Liabilities Payments Due [Abstract]
2020 (remaining 6 months)	$ 3,170
2021	5,490
2022	4,641
2023	3,845
2024	2,935
2025	2,154
Thereafter	1,498
Total lease payments	23,733
Less imputed interest	2,840
Total lease payments	$ 20,893	$ 18,200

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Carrying Amount and Accumulated Amortization of Intangible Assets (Detail) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Aug. 31, 2019	Feb. 28, 2019
Finite-Lived Intangible Assets [Line Items]
Weighted Average Remaining Life (in years)	9 years 6 months	10 years
Gross Carrying Amount	$ 101,030	$ 97,759
Accumulated Amortization	40,317	36,487
Amortized intangible assets, Net	$ 60,713	$ 61,272
Trademarks and Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted Average Remaining Life (in years)	12 years 7 months 6 days	13 years 9 months 18 days
Gross Carrying Amount	$ 26,281	$ 24,385
Accumulated Amortization	4,795	3,906
Amortized intangible assets, Net	$ 21,486	$ 20,479
Customer Lists [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted Average Remaining Life (in years)	7 years 9 months 18 days	8 years 2 months 12 days
Gross Carrying Amount	$ 73,199	$ 71,869
Accumulated Amortization	34,336	31,498
Amortized intangible assets, Net	$ 38,863	$ 40,371
Non-Compete [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted Average Remaining Life (in years)	2 years 2 months 12 days	2 years 6 months
Gross Carrying Amount	$ 767	$ 722
Accumulated Amortization	403	300
Amortized intangible assets, Net	364	422
Patent [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	783	783
Accumulated Amortization	$ 783	$ 783

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Additional Information (Detail) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Aug. 31, 2019	Aug. 31, 2018	Feb. 28, 2019
Finite-Lived Intangible Assets [Line Items]
Amortization of trade names, customer lists, and patent	$ 3,830	$ 2,920
Goodwill acquired	1,316		$ 11,031
Integrated Print & Graphics (Integrated) and The Flesh Company (Flesh) [Member]
Finite-Lived Intangible Assets [Line Items]
Goodwill acquired	$ 1,300

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets - Estimated Amortization Expense (Detail) $ in Thousands	Aug. 31, 2019USD ($)
Goodwill And Intangible Assets Disclosure [Abstract]
2020	$ 7,692
2021	7,637
2022	7,463
2023	6,614
2024	$ 6,576

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets - Changes in Net Carrying Amount of Goodwill (Detail) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Aug. 31, 2019	Feb. 28, 2019
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill, Beginning balance	$ 81,634	$ 70,603
Goodwill acquired	1,316	11,031
Goodwill, Ending balance	$ 82,950	$ 81,634

Accrued Expenses - Components o

Accrued Expenses - Components of Accrued Expenses (Detail) - USD ($) $ in Thousands	Aug. 31, 2019	Feb. 28, 2019
Payables And Accruals [Abstract]
Employee compensation and benefits	$ 12,271	$ 15,950
Taxes other than income	1,568	583
Accrued legal and professional fees	223	203
Accrued interest	60	188
Accrued utilities	90	90
Accrued acquisition related obligations	318	214
Accrued credit card fees	146	146
Other accrued expenses	468	521
Accrued expenses, Total	$ 15,144	$ 17,895

Long-Term Debt - Summary of Lon

Long-Term Debt - Summary of Long-Term Debt (Detail) $ in Thousands	Feb. 28, 2019USD ($)
Line of Credit Facility [Line Items]
Revolving credit facility	$ 30,000
Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Revolving credit facility	$ 30,000

Long-Term Debt - Additional Inf

Long-Term Debt - Additional Information (Detail)	6 Months Ended	12 Months Ended
	Aug. 31, 2019USD ($)	Feb. 28, 2019
Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Long-term debt	$ 0
Second Amendment [Member] | Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Credit facility maturity date	Aug. 11, 2020
Revolving credit facility, maximum borrowing capacity	$ 100,000,000
Revolving credit facility, additional borrowing capacity	$ 50,000,000
Fixed charge coverage ratio, minimum	1.25
Line of credit facility, borrowing capacity description	(i) the Company’s consolidated net leverage ratio may not exceed 3.00:1.00, (ii) the Company’s consolidated fixed charge coverage ratio may not be less than 1.25:1.00, and (iii) the Company may make dividends or distributions to shareholders so long as (a) no event of default has occurred and is continuing and (b) the Company’s net leverage ratio both before and after giving effect to any such dividend or distribution is equal to or less than 2.50:1.00.
Revolving credit facility, interest rate description	LIBOR rate plus a spread ranging from 1.0% to 2.0%, which rate was 3.6% (3 month LIBOR + 1.0%) at February 28, 2019
Revolving credit facility, variable basis spread		1.00%
Revolving credit facility, interest rate		3.60%
Second Amendment [Member] | Revolving Credit Facility [Member] | Maximum [Member]
Line of Credit Facility [Line Items]
Net leverage ratio	3
Revolving credit facility, variable basis spread	2.00%
Second Amendment [Member] | Revolving Credit Facility [Member] | Minimum [Member]
Line of Credit Facility [Line Items]
Revolving credit facility, variable basis spread	1.00%
Second Amendment [Member] | Revolving Credit Facility [Member] | Dividends or Distributions Effect [Member] | Minimum [Member]
Line of Credit Facility [Line Items]
Net leverage ratio	2.50
Second Amendment [Member] | Letter of Credit [Member]
Line of Credit Facility [Line Items]
Long-term debt	$ 20,000,000
Second Amendment [Member] | Swing-line Loans [Member]
Line of Credit Facility [Line Items]
Long-term debt	15,000,000
Third Amendment [Member] | Standby Letters of Credit [Member]
Line of Credit Facility [Line Items]
Long-term debt	700,000
Revolving credit facility, remaining borrowing capacity	$ 99,300,000

Shareholders' Equity - Addition

Shareholders' Equity - Additional Information (Detail)	6 Months Ended	130 Months Ended
	Aug. 31, 2019USD ($)$ / sharesshares	Aug. 31, 2019USD ($)$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Repurchase of common stock | shares	84,051	1,774,075
Repurchase of common stock, average cost per share | $ / shares	$ 19.58	$ 15.83
Total amount available to repurchase of shares	$ 11,900,000
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock repurchase program, authorized amount	$ 40,000,000	$ 40,000,000

Stock Option Plan and Stock B_3

Stock Option Plan and Stock Based Compensation - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Aug. 31, 2019	Aug. 31, 2018	Aug. 31, 2019	Aug. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unissued common stock reserved	520,104		520,104
Stock option award maximum term			10 years
Share based compensation arrangements by share based payment award vesting period maximum			5 years
Number of outstanding vested and unvested stock options	0		0
Number of stock options granted			0	0
Number of unvested stock options outstanding	0		0
Remaining unrecognized compensation cost related to unvested restricted stock	$ 2.4		$ 2.4
Weighted average remaining requisite service period of the unvested restricted stock awards			2 years
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	$ 0.3	$ 0.4	$ 0.7	$ 0.7

Stock Option Plan and Stock B_4

Stock Option Plan and Stock Based Compensation - Stock Option Activity (Detail) - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended		12 Months Ended
	Aug. 31, 2019	Aug. 31, 2018	Feb. 28, 2019
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Number of Shares, Options Outstanding, Beginning Balance	61,590
Number of Shares, Granted	0	0
Number of Shares, Exercised	(61,590)
Number of Shares, Options Outstanding, Ending Balance	0		61,590
Weighted Average Exercise Price, Beginning Balance	$ 15.88
Weighted Average Exercise Price, Exercised	$ 15.88
Weighted Average Exercise Price, Ending Balance			$ 15.88
Weighted Average Remaining Contractual Life (in years)			1 year 9 months 18 days
Aggregate Intrinsic Value			$ 327

Stock Option Plan and Stock B_5

Stock Option Plan and Stock Based Compensation - Summary of Stock Options Exercised and Tax Benefits Realized from Stock Based Compensation (Detail) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Aug. 31, 2018	Aug. 31, 2019	Aug. 31, 2018
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Total cash received	$ 69		$ 69
Total grant-date fair value	345	$ 201	345
Intrinsic value	$ 534	$ 267	$ 534

Stock Option Plan and Stock B_6

Stock Option Plan and Stock Based Compensation - Restricted Stock Activity (Detail) - Restricted Stock [Member]	6 Months Ended
	Aug. 31, 2019$ / sharesshares
Restricted stock activity
Outstanding at Beginning, Number of Shares | shares	155,105
Number of Shares, Granted | shares	66,669
Number of Shares, Terminated | shares	(3,920)
Number of Shares, Vested | shares	(73,261)
Outstanding at Ending, Number of Shares | shares	144,593
Outstanding at Beginning, Weighted Average Grant Date Fair value | $ / shares	$ 19.03
Weighted Average Grant Date Fair Value, Granted | $ / shares	20.41
Weighted Average Grant Date Fair Value, Terminated | $ / shares	17.02
Weighted Average Grant Date Fair Value, Vested | $ / shares	18.94
Outstanding at Ending, Weighted Average Grant Date Fair value | $ / shares	$ 19.77

Pension Plan - Additional Infor

Pension Plan - Additional Information (Detail) - USD ($)	6 Months Ended	12 Months Ended
	Aug. 31, 2019	Feb. 28, 2019	Feb. 29, 2020
Defined Benefit Plan Disclosure [Line Items]
Employees covered under noncontributory Pension Plan	16.00%
Compensation period preceding retirement and termination	5 years
Period used for calculating Pension Plan liability	25 years
Company contributions		$ 3,000,000
Minimum [Member]
Defined Benefit Plan Disclosure [Line Items]
Expected contributions	$ 1,300,000
Maximum [Member]
Defined Benefit Plan Disclosure [Line Items]
Expected contributions	$ 1,500,000
Scenario Forecast [Member]
Defined Benefit Plan Disclosure [Line Items]
Minimum required contribution to the plan			$ 0

Pension Plan - Summary of Pensi

Pension Plan - Summary of Pension Expense Composed of Components Included in Cost of Goods Sold and Selling, General and Administrative Expenses (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Aug. 31, 2019	Aug. 31, 2018	Aug. 31, 2019	Aug. 31, 2018
Components of net periodic benefit cost
Service cost	$ 272	$ 276	$ 544	$ 553
Interest cost	563	569	1,127	1,137
Expected return on plan assets	(1,049)	(1,027)	(2,099)	(2,054)
Amortization of:
Unrecognized net loss	509	512	1,018	1,023
Net periodic benefit cost	$ 295	$ 330	$ 590	$ 659

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Detail) - shares	Aug. 31, 2019	Feb. 28, 2019
Earnings Per Share [Abstract]
Options outstanding	0	61,590

Earnings Per Share - Computatio

Earnings Per Share - Computation for Basic and Diluted Earnings (loss) Per Share (Detail) - $ / shares	3 Months Ended				6 Months Ended
	Aug. 31, 2019	May 31, 2019	Aug. 31, 2018	May 31, 2018	Aug. 31, 2019	Aug. 31, 2018
Earnings Per Share [Abstract]
Basic weighted average common shares outstanding	26,029,359		25,671,643		26,034,122	25,510,356
Effect of dilutive options			13,871			12,475
Diluted weighted average common shares outstanding	26,029,359		25,685,514		26,034,122	25,522,831
Earnings per share
Net earnings - basic	$ 0.37		$ 0.37		$ 0.74	$ 0.74
Net earnings - diluted	0.37		0.37		0.74	0.74
Cash dividends	$ 0.225	$ 0.225	$ 0.225	$ 0.20	$ 0.450	$ 0.425

Concentrations of Risk - Additi

Concentrations of Risk - Additional Information (Detail)	Aug. 31, 2019USD ($)
Concentration Risk [Line Items]
Cash balances not federally insured	$ 50,200,000
Maximum [Member]
Concentration Risk [Line Items]
Maximum insurance available to depositors under the FDIC's general deposit insurance rules	$ 250,000

Subsequent Events - Additional

Subsequent Events - Additional Information (Detail) - Subsequent Event [Member]	Sep. 20, 2019$ / shares
Subsequent Event [Line Items]
Dividends payable, date declared	Sep. 20, 2019
Dividend payable date	Nov. 8, 2019
Dividend payable, date of record	Oct. 11, 2019
Common Stock [Member]
Subsequent Event [Line Items]
Dividend payable per share	$ 0.225