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Unaudited Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Aug. 31, 2016
Aug. 31, 2015
Cash flows from operating activities:    
Net earnings (loss) $ (10,094) $ 20,217
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:    
Depreciation 4,002 3,798
Amortization of deferred finance charges 9  
Amortization of customer lists, noncompete, and patent 2,321 2,257
Pre-tax loss on sale of discontinued operations 36,775  
Operating cash flows of discontinued operations 538 31,334
(Gain) loss from disposal of assets 2 (10)
Bad debt expense, net of recoveries 103 (114)
Stock based compensation 679 657
Changes in operating assets and liabilities, net of the effects of acquisitions:    
Accounts receivable (426) 1,675
Prepaid expenses and income taxes (4,199) 1,758
Inventories (373) (1,203)
Other assets (281) 221
Accounts payable and accrued expenses (1,265) (1,085)
Other liabilities 9 (421)
Liability for pension benefits 1,278 1,103
Net cash provided by operating activities 29,078 60,187
Cash flows from investing activities:    
Capital expenditures (927) (2,358)
Purchase of businesses, net of cash acquired (907) (331)
Proceeds from sale of discontinued operations 107,354  
Investing cash flows of discontinued operations (279) (162)
Proceeds from disposal of plant and property 12 27
Net cash provided by (used in) investing activities 105,253 (2,824)
Cash flows from financing activities:    
Repayment of debt (10,000) (36,010)
Dividends (48,187) (9,012)
Financing cash flows of discontinued operations   (7,490)
Purchase of treasury stock (1,786)  
Proceeds from exercise of stock options 2,910  
Net cash used in financing activities (57,063) (52,512)
Effect of exchange rate changes on cash   (1,834)
Net change in cash and cash equivalents 77,268 3,017
Cash at beginning of period 7,957 13,357
Cash and cash equivalents at end of period $ 85,225 $ 16,374