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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
May 31, 2023
Feb. 28, 2023
Current assets:    
Cash and cash equivalents $ 34,960 $ 41,928
Accounts receivable, net 85,033 82,946
Inventories 24,336 23,902
Prepaid expenses and other current assets 23,848 26,019
Total current assets 168,177 174,795
Property and equipment, net 31,526 32,832
Operating lease right-of-use assets 11,632 12,293
Deferred income tax assets 3,624 3,275
Goodwill 94,708 94,214
Other intangible assets, net 25,695 26,633
Other assets 36,872 36,078
Total assets 372,234 380,120
Current liabilities:    
Current portion of long-term debt 276 705
Accounts payable 47,904 52,716
Accrued payroll and employee benefits 11,583 11,766
Deferred revenue 22,143 25,448
Other current liabilities 17,523 15,865
Total current liabilities 99,429 106,500
Long-term debt, net of current portion 227,690 227,416
Operating lease liabilities 11,277 12,314
Other non-current liabilities 21,394 19,583
Total liabilities 359,790 365,813
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $.01 par value; 3,000 shares authorized; no shares issued or outstanding
Common stock, $.01 par value; 80,000 shares authorized; 37,466 and 37,388 shares issued and outstanding at May 31, 2023 and February 28, 2023, respectively 375 374
Additional paid-in capital 186,592 184,672
Accumulated deficit (172,848) (168,816)
Accumulated other comprehensive loss (1,675) (1,923)
Total stockholders' equity 12,444 14,307
Total liabilities and stockholders' equity $ 372,234 $ 380,120