XML 32 R2.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Aug. 31, 2020
Feb. 29, 2020
Current assets:    
Cash and cash equivalents $ 107,145 $ 107,404
Accounts receivable, net 68,387 72,273
Inventories 31,495 36,778
Prepaid expenses and other current assets 24,274 21,411
Total current assets 231,301 237,866
Property and equipment, net 53,640 55,878
Operating lease right-of-use assets 23,428 20,626
Deferred income tax assets 4,565 4,437
Goodwill 102,162 106,335
Other intangible assets, net 41,404 45,895
Other assets 25,032 24,768
Total assets 481,532 495,805
Current liabilities:    
Current portion of long-term debt 5,184 33,119
Accounts payable 31,214 28,450
Accrued payroll and employee benefits 10,599 9,049
Deferred revenue 35,001 34,704
Other current liabilities 21,019 16,153
Total current liabilities 103,017 121,475
Long-term debt, net of current portion 199,282 177,088
Operating lease liabilities 25,225 24,279
Other non-current liabilities 35,030 35,044
Total liabilities 362,554 357,886
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; 35,017 and 34,322 shares issued and outstanding at August 31, 2020 and February 29, 2020, respectively 350 343
Additional paid-in capital 226,368 220,482
Accumulated deficit (105,565) (81,531)
Accumulated other comprehensive loss (2,175) (1,375)
Total stockholders' equity 118,978 137,919
Total Liabilities and Stockholders' Equity $ 481,532 $ 495,805