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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Aug. 31, 2015
Aug. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 7,558 $ 5,971
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 4,974 4,640
Stock-based compensation expense 2,609 1,756
Amortization of debt issue costs and discount 2,019 280
Deferred tax assets, net 4,106 3,384
Other 7 42
Changes in operating assets and liabilities:    
Accounts receivable 2,115 (1,418)
Inventories (3,906) (5,219)
Prepaid expenses and other assets 257 (1,000)
Accounts payable 9,487 8,217
Accrued liabilities 1,185 (742)
Deferred revenue (1,649) 154
NET CASH PROVIDED BY OPERATING ACTIVITIES 28,762 16,065
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from maturities of marketable securities 6,634 1,942
Purchases of marketable securities (114,010) (6,514)
Capital expenditures (2,576) $ (3,367)
Acquisition of Crashboxx (1,500)
NET CASH USED IN INVESTING ACTIVITIES (111,452) $ (7,939)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of convertible senior notes 172,500
Payment of debt issuance costs (5,291)
Purchase of convertible note hedges (31,343)
Proceeds from issuance of warrants 15,991
Payment of acquisition-related note and contingent consideration (1,262) $ (1,591)
Taxes paid related to net share settlement of vested equity awards (2,478) (3,013)
Proceeds from exercise of stock options 487 541
NET CASH PROVIDED (USED) BY FINANCING ACTIVITIES 148,604 (4,063)
Net change in cash and cash equivalents 65,914 4,063
Cash and cash equivalents at beginning of period 34,184 19,233
Cash and cash equivalents at end of period $ 100,098 $ 23,296