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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Aug. 31, 2023
Feb. 28, 2023
Current assets:    
Cash and cash equivalents $ 38,562 $ 41,928
Accounts receivable, net 71,385 82,946
Inventories 29,822 23,902
Prepaid expenses and other current assets 26,617 26,019
Total current assets 166,386 174,795
Property and equipment, net 28,791 32,832
Operating lease right-of-use assets 11,130 12,293
Deferred income tax assets 3,395 3,275
Goodwill 95,275 94,214
Other intangible assets, net 24,887 26,633
Other assets 34,054 36,078
Total assets 363,918 380,120
Current liabilities:    
Current portion of long-term debt   705
Accounts payable 46,206 52,716
Accrued payroll and employee benefits 8,597 11,766
Deferred revenue 24,764 25,448
Other current liabilities 16,200 15,865
Total current liabilities 95,767 106,500
Long-term debt, net of current portion 227,959 227,416
Operating lease liabilities 10,385 12,314
Other non-current liabilities 19,243 19,583
Total liabilities 353,354 365,813
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; 37,741 and 37,388 shares issued and outstanding at August 31, 2023 and February 28, 2023, respectively 377 374
Additional paid-in capital 188,200 184,672
Accumulated deficit (177,073) (168,816)
Accumulated other comprehensive loss (940) (1,923)
Total stockholders' equity 10,564 14,307
Total liabilities and stockholders' equity $ 363,918 $ 380,120