Fair Value (Tables)

3 Months Ended

May 31, 2014

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	May 31, 2014		(Level 1)		(Level 2)

Assets:
Money market accounts	$	1,365	$	1,365	$	-
Foreign currency contracts	45		45		-
Total assets	$	1,410	$	1,410	$	-

Liabilities:
Long-term debt - fixed rate (1)	$	83,866	$	-	$	83,866
Long-term debt - floating rate	110,707		-		110,707
Interest rate swaps and foreign currency contracts	471		-		471
Total liabilities	$	195,044	$	-	$	195,044

			Quoted Prices in		Significant Other
			Active Markets		Observable
	Fair Values at		for Identical Assets		Market Inputs
Description	February 28, 2014		(Level 1)		(Level 2)

Assets:
Money market accounts	$	1,549	$	1,549	$	-
Foreign currency contracts	-		-		-
Total assets	$	1,549	$	1,549	$	-


Liabilities:
Long-term debt - fixed rate (1)	$	83,951	$	-	$	83,951
Long-term debt - floating rate	112,607		-		112,607
Interest rate swaps and foreign currency contracts	1,596		-		1,596
Total liabilities	$	198,154	$	-	$	198,154

(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.