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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
May 31, 2021
Feb. 28, 2021
Current assets:    
Cash and cash equivalents $ 96,184 $ 94,624
Accounts receivable, net 64,486 63,325
Inventories 17,950 23,663
Prepaid expenses and other current assets 25,193 24,804
Current assets of discontinued operations   7,872
Total current assets 203,813 214,288
Property and equipment, net 39,944 41,081
Operating lease right-of-use assets 13,083 14,273
Deferred income tax assets 4,757 4,889
Goodwill 95,058 94,617
Other intangible assets, net 36,434 37,488
Other assets 27,575 27,169
Total assets 420,664 433,805
Current liabilities:    
Current portion of long-term debt 3,782 4,317
Accounts payable 28,996 35,767
Accrued payroll and employee benefits 11,157 12,761
Deferred revenue 31,904 32,924
Other current liabilities 20,471 17,380
Current liabilities of discontinued operations   4,096
Total current liabilities 96,310 107,245
Long-term debt, net of current portion 183,923 182,154
Operating lease liabilities 15,610 17,061
Other non-current liabilities 29,094 30,487
Non-current liabilities of discontinued operations   1,773
Total liabilities 324,937 338,720
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; 35,274 and 35,229 shares issued and outstanding at May 31, 2021 and February 28, 2021, respectively 353 352
Additional paid-in capital 235,375 233,692
Accumulated deficit (139,922) (137,974)
Accumulated other comprehensive loss (79) (985)
Total stockholders' equity 95,727 95,085
Total liabilities and stockholders' equity $ 420,664 $ 433,805