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Goodwill and Other Intangible Assets (Tables)
3 Months Ended
May. 31, 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 May 31, 2015

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

Amortized intangible assets

           

Trade names

     —         $ 1,234       $ 1,234       $ —     

Customer lists

     9.3         74,670         28,940         45,730   

Noncompete

     2.6         75         10         65   

Patent

     2.8         773         424         349   
     

 

 

    

 

 

    

 

 

 

Total

  9.3    $ 76,752    $ 30,608    $ 46,144   
     

 

 

    

 

 

    

 

 

 

 

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   
     

 

 

    

 

 

    

 

 

 
Non-amortizing Intangible Assets
     May 31,
2015
     February 28,
2015
 

Non-amortizing intangible assets

     

Trademarks and trade names

   $ 28,591       $ 28,591   
  

 

 

    

 

 

 
Estimated Amortization Expense

The Company’s estimated amortization expense for the next five fiscal years ending in February of the stated calendar year is as follows (in thousands):

 

2017

$ 6,035   

2018

  5,822   

2019

  5,306   

2020

  4,852   

2021

  3,695   
Changes in Net Carrying Amount of Goodwill

Changes in the net carrying amount of goodwill as of the dates indicated are as follows (in thousands):

 

     Print
Segment
     Apparel
Segment
     Total  

Balance as of March 1, 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   

Goodwill acquired

  48      —        48   

Goodwill impairment

  —        —        —     
  

 

 

    

 

 

    

 

 

 

Balance as of May 31, 2015

$ 64,537    $ —      $ 64,537