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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Nov. 30, 2023
Feb. 28, 2023
Current assets:    
Cash and cash equivalents $ 38,169 $ 41,928
Accounts receivable, net 70,909 82,946
Inventories 34,059 23,902
Prepaid expenses and other current assets 25,824 26,019
Total current assets 168,961 174,795
Property and equipment, net 25,724 32,832
Operating lease right-of-use assets 10,168 12,293
Deferred income tax assets 2,927 3,275
Goodwill 20,583 94,214
Other intangible assets, net 23,608 26,633
Other assets 29,270 36,078
Total assets 281,241 380,120
Current liabilities:    
Current portion of long-term debt   705
Accounts payable 46,695 52,716
Accrued payroll and employee benefits 10,112 11,766
Deferred revenue 26,328 25,448
Other current liabilities 16,568 15,865
Total current liabilities 99,703 106,500
Long-term debt, net of current portion 228,148 227,416
Operating lease liabilities 9,007 12,314
Other non-current liabilities 18,522 19,583
Total liabilities 355,380 365,813
Commitments and contingencies
Stockholders' equity (deficit):    
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 379 374
Additional paid-in capital 189,747 184,672
Accumulated deficit (262,077) (168,816)
Accumulated other comprehensive loss (2,188) (1,923)
Total stockholders' equity (deficit) (74,139) 14,307
Total liabilities and stockholders' equity $ 281,241 $ 380,120