Fair Value (Tables)

9 Months Ended

Nov. 30, 2013

Schedule of fair value hierarchy of financial assets and liabilities carried at fair value and measured on a recurring basis

(in thousands)

			Quoted Prices in		Significant Other
			Active Markets		Observable
	Fair Values at		for Identical Assets		Market Inputs
Description	November 30, 2013		(Level 1)		(Level 2)
Assets:
Money market accounts	$	1,116	$	1,116	$	-
Total assets	$	1,116	$	1,116	$	-
Liabilities:
Long-term debt - fixed rate (1)	$	104,964	$	-	$	104,964
Long-term debt - floating rate	110,509		-		110,509
Interest rate swaps and foreign currency contracts	2,559		-		2,559
Total liabilities	$	218,032	$	-	$	218,032

			Quoted Prices in		Significant Other
			Active Markets		Observable
	Fair Values at		for Identical Assets		Market Inputs
Description	February 28, 2013		(Level 1)		(Level 2)
Assets:
Money market accounts	$	1,091	$	1,091	$	-
Foreign currency contracts	496		-		496
Total assets	$	1,587	$	1,091	$	496
Liabilities:
Long-term debt - fixed rate (1)	$	105,725	$	-	$	105,725
Long-term debt - floating rate	75,000		-		75,000
Interest rate swaps	4,824		-		4,824
Total liabilities	$	185,549	$	-	$	185,549

(1) Debt values are reported at estimated fair value in these tables, but are recorded in the accompanying consolidated condensed balance sheets at the undiscounted value of remaining principal payments due.