Income Taxes (Tables)

9 Months Ended

Nov. 30, 2014

Income Tax Disclosure [Abstract]

Statutory Federal and State Tax Rates to Annual Effective Tax Rate

The following is a reconciliation of the statutory federal and state tax rates to our projected annual effective rate at November 30, 2014 and 2013.

	November 30,
	2014			2013
Federal statutory rate		35.0	%		35.0	%
State statutory rate, net of Federal tax effect		(1.5	)		3.5
Differences in taxable (loss) income from GAAP income		2.1			(1.5	)
Impairment of goodwill		(37.6	)		—
Effective Tax Rate		(2.0	)%		37.0	%