Lines of Credit and Long-Term Debt (Tables)

12 Months Ended

Feb. 29, 2016

Long- Term debt and Finance Lease Obligations

Long-term debt consisted of the following (in thousands):

	February 29,			February 28,
	2016			2015
Mortgage payable to bank; interest rate at BB&T Bank base rate plus 0.5% (4.00% as of February 29, 2016); monthly principal and interest payments of $5 thousand payable through October 2021; collateralized by land and building of Teltron Technologies, Inc.		183			233
		183			233
Less current maturities		(52	)		(50	)
	$	131		$	183

Future Maturities of Lines of Credit and Long-Term Debt

Future maturities of lines of long-term debt are as follows (in thousands):

Year	Amount
2017	$	52
2018		55
2019		56
2020		20
	$	183