Other Commitments and Contingencies (Tables)

12 Months Ended

Feb. 28, 2017

Summary of contractual obligations and commercial commitments

PAYMENTS DUE BY PERIOD - TWELVE MONTHS ENDED THE LAST DAY OF FEBRUARY:


			2018		2019		2020		2021		2022		After
(in thousands)	Total		1 year		2 years		3 years		4 years		5 years		5 years
Fixed rate debt	$	20,000	$	20,000	$	-	$	-	$	-	$	-	$	-
Floating rate debt		470,707		5,700		1,900		1,900		1,900		442,600		16,707
Long-term incentive plan payouts		12,840		6,630		3,716		2,494		-		-		-
Interest on fixed rate debt		676		676		-		-		-		-		-
Interest on floating rate debt (1)		47,995		10,050		10,006		9,963		9,920		7,717		339
Open purchase orders		193,434		193,434		-		-		-		-		-
Long-term purchase commitments		804		501		303		-		-		-		-
Minimum royalty payments		62,820		13,089		12,841		12,947		9,856		8,895		5,192
Advertising and promotional		56,006		19,879		7,145		7,253		7,337		7,413		6,979
Operating leases		37,143		6,511		5,936		4,440		4,118		3,878		12,260
Capital spending commitments		683		683		-		-		-		-		-
Total contractual obligations (2)	$	903,108	$	277,153	$	41,847	$	38,997	$	33,131	$	470,503	$	41,477

(1)

We estimate our future obligations for interest on our floating rate debt by assuming the weighted average interest rates in effect on each floating rate debt obligation at February 28, 2017 remain constant into the future. This is an estimate, as actual rates will vary over time. In addition, for the Credit Agreement, we assume that the balance outstanding as of February 28, 2017 remains the same for the remaining term of the agreement. The actual balance outstanding under our Credit Agreement may fluctuate significantly in future periods, depending on the availability of cash flow from operations and future investing and financing considerations.

(2)

In addition to the contractual obligations and commercial commitments in the table above, as of February 28, 2017, we have recorded a provision for uncertain tax positions of $6.6 million. We are unable to reliably estimate the timing of most of the future payments, if any, related to uncertain tax positions; therefore, we have excluded these tax liabilities from the table above.