Deferred Costs (Tables)

12 Months Ended

Feb. 28, 2015

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Deferred Costs and Future Payment Commitments

Deferred costs and future payment commitments were as follows:

	February 28, 2015			February 28, 2014
Prepaid expenses and other	$	98,061		$	100,282
Other assets		364,311			428,090
Deferred cost assets		462,372			528,372
Other current liabilities		(59,018	)		(84,860	)
Other liabilities		(104,127	)		(149,190	)
Deferred cost liabilities		(163,145	)		(234,050	)
Net deferred costs	$	299,227		$	294,322

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, 2015, 2014 and 2013 is as follows:

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
Payments		124,258
Amortization		(114,125	)
Contract asset impairment		(4,422	)
Currency translation		(806	)
Balance at February 28, 2015	$	299,227