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Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
May. 29, 2015
May. 30, 2014
OPERATING ACTIVITIES:    
Net income $ 72,764 $ 43,739
Adjustments to reconcile net income to cash flows from operating activities:    
Gain on sale of Strawberry Shortcake (61,666)  
Net loss on disposal of fixed assets 9 23
Depreciation and intangible assets amortization 13,993 15,222
Clinton Cards secured debt recovery   (3,390)
Provision for doubtful accounts 30 233
Deferred income taxes 6,951 (441)
Other non-cash charges 2,744 1,063
Changes in operating assets and liabilities, net of acquisitions and dispositions:    
Trade accounts receivable (23,034) (32,066)
Inventories (3,473) (4,596)
Other current assets (2,306) 2,618
Net payable/receivable with related parties (50) (76)
Income taxes (2,584) (8,785)
Deferred costs - net 5,276 6,947
Accounts payable and other liabilities (104,603) (58,499)
Other - net (128) 3,081
Total Cash Flows From Operating Activities (96,077) (34,927)
INVESTING ACTIVITIES:    
Property, plant and equipment additions (13,392) (22,194)
Cash paid for acquired character property rights (2,800)  
Proceeds from sale of fixed assets 9 17
Adjustment to proceeds from sale of AGI In-Store (3,200)  
Proceeds from sale of Strawberry Shortcake 105,000  
Proceeds from surrender of corporate-owned life insurance policies 24,068  
Net (borrowings)/repayments on loans to related parties (2,479)  
Proceeds from Clinton Cards administration   582
Total Cash Flows From Investing Activities 107,206 (21,595)
FINANCING ACTIVITIES:    
Proceeds from revolving line of credit 94,150 168,000
Repayments on revolving line of credit (40,450) (105,900)
Repayments on term loan (65,000) (5,000)
Total Cash Flows From Financing Activities (11,300) 57,100
EFFECT OF EXCHANGE RATE CHANGES ON CASH (350) 449
(DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (521) 1,027
Cash and Cash Equivalents at Beginning of Year 43,327 63,963
Cash and Cash Equivalents at End of Period $ 42,806 $ 64,990