DEFERRED COSTS (Tables)

12 Months Ended

Feb. 28, 2014

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Deferred Costs and Future Payment Commitments

Deferred costs and future payment commitments were as follows:

	February 28, 2014			February 28, 2013
Prepaid expenses and other	$	100,282		$	93,873
Other assets		428,090			332,159
Deferred cost assets		528,372			426,032
Other current liabilities		(84,860	)		(61,282	)
Other liabilities		(149,190	)		(92,153	)
Deferred cost liabilities		(234,050	)		(153,435	)
Net deferred costs	$	294,322		$	272,597

Summary of Changes in Carrying Amount of Corporation's Net Deferred Costs

A summary of the changes in the carrying amount of the Corporation’s net deferred costs during the years ended February 28, 2014, February 28, 2013 and February 29, 2012 is as follows:

Balance at February 28, 2011	$	275,246
Payments		134,247
Amortization		(102,993	)
Currency translation		(283	)
Balance at February 29, 2012		306,217
Payments		82,474
Amortization		(109,543	)
Effective settlement of Clinton Cards contract upon acquisition		(6,192	)
Currency translation		(359	)
Balance at February 28, 2013		272,597
Payments		130,970
Amortization		(108,761	)
Currency translation		(484	)
Balance at February 28, 2014	$	294,322