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Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Aug. 31, 2018
Aug. 31, 2017
Cash provided by operating activities:    
Net income $ 81,809 $ 14,801
Less: Loss from discontinued operations (381) (47,079)
Income from continuing operations 82,190 61,880
Adjustments to reconcile income from continuing operations to net cash provided by operating activities:    
Depreciation and amortization 15,295 16,756
Amortization of financing costs 507 421
Provision for doubtful receivables 597 2,052
Non-cash share-based compensation 11,013 6,230
Non-cash intangible asset impairment charges 0 4,000
Loss (gain) on the sale or disposal of property and equipment 49 (10)
Deferred income taxes and tax credits 5,650 (1,111)
Changes in operating capital, net of effects of acquisition of businesses:    
Receivables (38,647) (13,889)
Inventories (33,317) (37,824)
Prepaid expenses and other current assets (5,169) (4,516)
Other assets and liabilities, net (906) (2,415)
Accounts payable 21,867 24,910
Accrued expenses and other current liabilities (21,529) (5,668)
Accrued income taxes (289) 8,588
Net cash provided by operating activities - continuing operations 37,311 59,404
Net cash used by operating activities - discontinued operations (381) (9,405)
Net cash provided by operating activities 36,930 49,999
Cash used by investing activities:    
Capital and intangible asset expenditures (13,061) (7,605)
Proceeds from the sale of property and equipment 0 13
Net cash used by investing activities - continuing operations (13,061) (7,592)
Net cash used by investing activities - discontinued operations 0 (9,209)
Net cash used by investing activities (13,061) (16,801)
Cash used by financing activities:    
Proceeds from line of credit 292,300 249,000
Repayment of line of credit (279,700) (285,300)
Repayment of long-term debt (1,900) (5,700)
Proceeds from share issuances under share-based compensation plans 6,226 6,236
Payment of tax obligations resulting from cashless share award settlements (4,551) (6,801)
Payments for repurchases of common stock (37,067) 0
Net cash used by financing activities - continuing operations (24,692) (42,565)
Net cash used by financing activities - discontinued operations 0 0
Net cash used by financing activities (24,692) (42,565)
Net decrease in cash and cash equivalents (823) (9,367)
Cash and cash equivalents, beginning balance 20,738 23,087
Cash and cash equivalents, ending balance 19,915 13,720
Less: Cash and cash equivalents of discontinued operations, ending balance 0 (375)
Cash and cash equivalents of continuing operations, ending balance $ 19,915 $ 14,095