XML 51 R30.htm IDEA: XBRL DOCUMENT v2.4.1.9
Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Feb. 28, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Carrying Amount and Accumulated Amortization of Intangible Assets

The carrying amount and accumulated amortization of the Company’s intangible assets at each balance sheet date are as follows (in thousands):

 

As of February 28, 2015

   Weighted
Average
Remaining
Life
(in years)
     Gross
Carrying
Amount
     Accumulated
Amortization
     Net  

Amortized intangible assets

           

Trade names

     —         $ 1,234       $ 1,234       $ —     

Customer lists

     9.6         74,670         27,486         47,184   

Noncompete

     2.8         75         4         71   

Patent

     3.0         773         392         381   
     

 

 

    

 

 

    

 

 

 

Total

  9.5    $ 76,752    $ 29,116    $ 47,636   
     

 

 

    

 

 

    

 

 

 

As of February 28, 2014

                           

Amortized intangible assets

           

Trade names

     —         $ 1,234       $ 1,234       $ —     

Customer lists

     7.1         70,207         21,840         48,367   

Patent

     4.0         773         263         510   
     

 

 

    

 

 

    

 

 

 

Total

  7.1    $ 72,214    $ 23,337    $ 48,877   
     

 

 

    

 

 

    

 

 

 
Non-amortizing Intangible Assets
     Fiscal years ended  
     2015      2014  

Non-amortizing intangible assets

     

Trademarks and trade names

   $ 28,591       $ 62,898   
  

 

 

    

 

 

 
Estimated Amortization Expense

The Company’s estimated amortization expense for the next five fiscal years is as follows (in thousands):

 

2016

  5,965   

2017

  5,965   

2018

  5,752   

2019

  5,268   

2020

  4,852   
Changes in Net Carrying Amount of Goodwill

Changes in the net carrying amount of goodwill for fiscal years 2014 and 2015 are as follows (in thousands):

 

     Print
Segment
     Apparel
Segment
     Total  

Balance as of March 1, 2013

   $ 47,260       $ 74,549       $ 121,809   

Goodwill acquired

     12,024         —           12,024   

Goodwill impairment

     —           (18,626      (18,626
  

 

 

    

 

 

    

 

 

 

Balance as of February 28, 2014

  59,284      55,923      115,207   

Goodwill acquired

  5,205      —        5,205   

Goodwill impairment

  —        (55,923   (55,923
  

 

 

    

 

 

    

 

 

 

Balance as of February 28, 2015

$ 64,489    $ —      $ 64,489