XML 42 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Condensed Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 3 Months Ended
May 31, 2013
May 31, 2012
Cash provided (used) by operating activities:    
Net income $ 14,392 $ 23,472
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 8,447 9,100
Provision for doubtful receivables 279 (168)
Non-cash share-based compensation 3,378 1,602
Intangible asset impairment charges 12,049  
(Gain) loss on the sale of property and equipment 37 (4)
Deferred income taxes and tax credits (509) (1,804)
Changes in operating capital:    
Receivables 13,419 7,187
Inventories (7,510) (13,742)
Prepaid expenses and other current assets (3,302) (675)
Other assets and liabilities, net 1,748 (779)
Accounts payable 14,275 3,066
Accrued expenses and other current liabilities (11,389) (18,206)
Accrued income taxes 1,519 (28)
Net cash provided by operating activities 46,833 9,021
Cash provided (used) by investing activities:    
Capital and intangible asset expenditures (17,000) (3,368)
Proceeds from the sale or disposal of property and equipment   7
Note receivable from land sale   737
Net cash used by investing activities (17,000) (2,624)
Cash provided (used) by financing activities:    
Proceeds from line of credit 28,400 59,950
Repayment of line of credit (72,400) (73,050)
Proceeds from issuance of long-term debt 11,835  
Payments of financing costs (157) (28)
Proceeds from share issuances under share-based compensation plans, including tax benefits 2,758 5,537
Payment of tax obligations resulting from issuance of restricted shares (393) (37)
Payments for repurchases of common stock (1,311)  
Share-based compensation tax benefit 723 265
Net cash used by financing activities (30,545) (7,363)
Net decrease in cash and cash equivalents (712) (966)
Cash and cash equivalents, beginning balance 12,842 21,846
Cash and cash equivalents, ending balance $ 12,130 $ 20,880