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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
12 Months Ended
Feb. 29, 2012
Feb. 28, 2011
Feb. 28, 2010
Cash flows from operating activities      
Net income from continuing operations $ 24,313,653 $ 24,375,545 $ 14,203,637
Adjustments to reconcile net income to net cash provided by continuing operating activities      
Depreciation of property and equipment 5,203,847 2,786,645 1,271,274
Amortization of intangible assets 490,883 678,933 790,849
Loss on disposal of property and equipment 70,637    
Share-based compensation 7,901,243 5,306,472  
Impairment loss on intangible assets and goodwill 139,660    
Impairment loss on long-term investment 235,397    
Gain on extinguishment of liabilities   (133,159)  
Changes in operating assets and liabilities      
Amounts due from related parties     92,247
Inventory (105,784) 9,510 (120,688)
Prepaid expenses and other current assets (4,265,046) (2,639,484) (835,110)
Deferred income taxes (430,239) (673,512) (544,098)
Rental deposit (1,727,479) (667,358) (1,228,785)
Accounts payable 1,582,054 (60,198) 987,204
Deferred revenue 34,916,007 21,202,797 11,349,755
Amounts due to related parties   (28,626) 6,954
Accrued expenses and other current liabilities 7,313,423 1,516,279 3,212,393
Income tax payable (2,240,585) 2,359,117 (2,087,861)
Net cash provided by operating activities-continuing operations 73,397,671 54,032,961 27,097,771
Net cash provided by/(used in) operating activities-discontinued operations   (210,338) 77,502
Net cash provided by operating activities 73,397,671 53,822,623 27,175,273
Cash flows from investing activities      
Term deposits 15,541,955 (25,870,071)  
Purchase of property and equipment (building comprised of $nil, $nil, and $(62,474,175) for years ended February 28, 2010, February 28, 2011 and February 29, 2012) (72,631,938) (5,164,709) (3,781,617)
Proceeds from disposal of property and equipment 3,224    
Prepayments for purchase of intangible assets (1,891,637)    
Purchase of available-for-sale securities     (1,464,231)
Sales of available-for-sale securities   1,470,660  
Long-term investment in Holiday School (117,363)    
Net cash used in investing activities-continuing operation (59,095,759) (29,564,120) (5,245,848)
Net cash used in investing activities-discontinued operations   (3,829) (4,280)
Net cash used in investing activities (59,095,759) (29,567,949) (5,250,128)
Cash flows from financing activities      
Proceeds from initial public offering   129,433,200  
Payment of issuance cost in connection with IPO (387,000) (2,094,905)  
Capital contributed from shareholders     219,743
Payment of deferred acquisition consideration   (344,909) (180,345)
Distribution to shareholders     (1,442,020)
Dividend to shareholders   (30,000,000)  
Class B common shares subscription received   120,000  
Issuance/ (payback) of convertible loan   (500,000) 500,000
Payment for previous acquisition (83,022)    
Net cash (used in)/provided by financing activities (470,022) 96,613,386 (902,622)
Effect of exchange rate changes 1,582,216 1,545,120 37,057
Net increase in cash and cash equivalents 15,414,106 122,413,180 21,059,580
Cash and cash equivalents at the beginning of year 173,165,661 50,752,481 29,692,901
Cash and cash equivalents at the end of year 188,579,767 173,165,661 50,752,481
Less: cash and cash equivalents of discontinued operation at the end of year     113,689
Cash and cash equivalents of continuing operations at the end of year 188,579,767 173,165,661 50,638,792
Supplement disclosure of cash flow information:      
Income tax paid 6,686,919 2,846,739 3,997,584
Interest expense paid   53,014  
Non-cash investing and financing activities:      
Payable for purchase of property and equipment 370,288 177,932 125,430
Payable for investment in Holiday School $ 119,171