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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
May 31, 2020
Feb. 29, 2020
Current assets:    
Cash and cash equivalents $ 104,071 $ 107,404
Accounts receivable, net 66,997 72,273
Inventories 36,079 36,778
Prepaid expenses and other current assets 23,334 21,411
Total current assets 230,481 237,866
Property and equipment, net 54,150 55,878
Operating lease right-of-use assets 24,220 20,626
Deferred income tax assets 4,357 4,437
Goodwill 101,419 106,335
Other intangible assets, net 42,725 45,895
Other assets 22,894 24,768
Total assets 480,246 495,805
Current liabilities:    
Current portion of long-term debt 5,490 33,119
Accounts payable 31,841 28,450
Accrued payroll and employee benefits 8,891 9,049
Deferred revenue 33,706 34,704
Other current liabilities 19,050 16,153
Total current liabilities 98,978 121,475
Long-term debt, net of current portion 198,120 177,088
Operating lease liabilities 25,692 24,279
Other non-current liabilities 32,262 35,044
Total liabilities 355,052 357,886
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; 34,362 and 34,322 shares issued and outstanding at May 31, 2020 and February 29, 2020, respectively 344 343
Additional paid-in capital 224,047 220,482
Accumulated deficit (96,087) (81,531)
Accumulated other comprehensive loss (3,110) (1,375)
Total stockholders' equity 125,194 137,919
Total Liabilities and Stockholders' Equity $ 480,246 $ 495,805