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Consolidated Condensed Statements of Cash Flows (Unaudited)
$ in Thousands
 6 Months Ended
Aug. 31, 2020
USD ($)
Aug. 31, 2019
USD ($)
Cash provided by operating activities:    
Net income $ 147,619 $ 86,789
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 18,476 16,116
Amortization of financing costs 522 509
Non-cash operating lease expense 177 1,022
Provision for doubtful receivables 1,900 313
Non-cash share-based compensation 13,915 13,985
Loss (gain) on the sale or disposal of property and equipment 6 (13)
Deferred income taxes and tax credits (535) 4
Changes in operating capital, net of effects of acquisition of businesses:    
Receivables (55,904) (30,410)
Inventories (90,094) (68,576)
Prepaid expenses and other current assets 745 (2,333)
Other assets and liabilities, net (2,147) 22,284
Accounts payable 127,813 23,124
Accrued expenses and other current liabilities 26,288 (20,418)
Accrued income taxes (2,503) (4,185)
Net cash provided by operating activities 186,278 38,211
Cash used by investing activities:    
Capital and intangible asset expenditures (15,237) (8,861)
Net cash used by investing activities (15,237) (8,861)
Cash used by financing activities:    
Proceeds from line of credit 765,200 283,400
Repayment of line of credit (799,200) (301,600)
Repayment of long-term debt (1,900) (1,900)
Payments of Financing Costs (3,796) 0
Proceeds from share issuances under share-based compensation plans 2,748 5,041
Payments for repurchases of common stock (10,161) (9,131)
Net cash used by financing activities (47,109) (24,190)
Net increase in cash and cash equivalents 123,932 5,160
Cash and cash equivalents, beginning balance 24,467 11,871
Cash and cash equivalents, ending balance 148,399 $ 17,031
Supplemental non-cash items not included above resulting from the adoption of ASC 842    
Initial recognition of operating lease asset 0  
Initial recognition of lease liabilities 44,177  
Accrued expenses and other current liabilities 0  
Other assets and liabilities, net 0  
Prepaid expenses and other current assets $ 0