Long-term Debt (Tables)

6 Months Ended

Aug. 31, 2014

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

Long-term debt was comprised of the following at February 28, 2014 and August 31, 2014:

	February 28, 2014			August 31, 2014
2012 Credit Agreement debt :
Revolver	$	—		$	—
Term Loan	54,000			—
Total 2012 Credit Agreement debt	54,000			—
2014 Credit Agreement debt :
Revolver	—			14,500
Term Loan	—			185,000
Total 2014 Credit Agreement debt	—			199,500
98.7FM non-recourse debt	74,942			72,722
Digonex non-recourse debt (1)	—			4,201
Less: Current maturities	(12,541		)	(5,687		)
Less: Unamortized original issue discount of Credit Agreement debt	(1,475		)	(5,881		)
Total long-term debt	$	114,926		$	264,855

Schedule Of Maximum Leverage Ratio

Our Total Leverage Ratio and Interest Coverage Ratio (each as defined in the 2014 Credit Agreement) requirements and actual amounts as of August 31, 2014 were as follows:

	As of August 31, 2014
	Covenant Requirement	Actual Results
Maximum Total Leverage Ratio	5.25 : 1.00	4.20 : 1.00
Minimum Interest Coverage Ratio	2.00 : 1.00	2.61 : 1.00

Schedule of Maturities of Long-term Debt

Based on amounts outstanding at August 31, 2014, mandatory principal payments of long-term debt for the next five

years and thereafter are summarized below:

Year Ended	2014 Credit Agreement						Digonex		Total
February 28 (29),	Revolver		Term Loan		98.7FM Debt		Notes payable		Payments
2015	$	—	$	—	$	2,321	$	—	$	2,321
2016	—		1,850		4,990		—		6,840
2017	—		1,850		5,453		6,199		13,502
2018	—		1,850		6,039		—		7,889
2019	14,500		1,850		6,587		—		22,937
Thereafter	—		177,600		47,332		—		224,932
Total	$	14,500	$	185,000	$	72,722	$	6,199	$	278,421