XML 53 R39.htm IDEA: XBRL DOCUMENT
v3.19.1

Other Commitments and Contingencies (Tables) | 12 Months Ended
--- | ---
Feb. 28, 2019
Commitments and Contingencies Disclosure [Abstract] |
Summary of contractual obligations and commercial commitments | Contractual Obligations and Commercial Commitments – Our contractual obligations and commercial commitments at the end of fiscal 2019 were:
| Fiscal Years Ended the Last Day of February:
|  | 2020 | 2021 | 2022 | 2023 | 2024 | After
(in thousands) | Total | 1 year | 2 years | 3 years | 4 years | 5 years | 5 years
Floating rate debt | $ | 323,607 |  | $ | 1,900 |  | $ | 1,900 |  | $ | 303,100 |  | $ | 1,900 |  | $ | 14,807 |  | $ | — |
Long-term incentive plan payouts | 12,708 |  | 7,012 |  | 3,481 |  | 2,215 |  | — |  | — |  | — |
Interest on floating rate debt (1) | 32,237 |  | 11,453 |  | 11,387 |  | 8,879 |  | 518 |  | — |  | — |
Open purchase orders | 234,659 |  | 234,659 |  | — |  | — |  | — |  | — |  | — |
Minimum royalty payments | 49,159 |  | 12,650 |  | 12,855 |  | 13,040 |  | 7,914 |  | 2,700 |  | — |
Advertising and promotional | 37,401 |  | 18,933 |  | 6,411 |  | 6,527 |  | 5,530 |  | — |  | — |
Operating leases | 69,482 |  | 5,171 |  | 6,678 |  | 6,411 |  | 5,743 |  | 5,078 |  | 40,401 |
Capital spending commitments | 4,602 |  | 4,602 |  | — |  | — |  | — |  | — |  | — |
Total contractual obligations (2) | $ | 763,855 |  | $ | 296,380 |  | $ | 42,712 |  | $ | 340,172 |  | $ | 21,605 |  | $ | 22,585 |  | $ | 40,401 |
(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, 2019 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, 2019 remains the same for the remaining term of the agreement. The actual balance outstanding under the 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, 2019, we have recorded a provision for uncertain tax positions of $3.2 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.

X
- References No definition available. + Details
Name: | us-gaap_CommitmentsAndContingenciesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the aggregate amount of payments due on known contractual obligations for the five years following the date of the latest balance sheet and the combined aggregate amount of maturities of known contractual obligations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 303 -Paragraph a -Subparagraph 5 + Details
Name: | us-gaap_ContractualObligationFiscalYearMaturityScheduleTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration