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Derivative Instruments and Hedging Activities (Tables)
 6 Months Ended
Aug. 31, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair Value of Derivative Instrument
For the six months ended August 31, 2014, this credit adjustment was immaterial.

 
Tabular Disclosure of Fair Values of Derivative Instruments
Liability Derivatives
 
As of February 28, 2014
 
As of August 31, 2014
 
Balance Sheet
Location
 
Fair Value
 
Balance Sheet
Location
 
Fair Value
 
(in 000's)
Derivatives designated as hedging instruments:
 
 
 
 
 
 
 
Interest Rate Swap Agreement
Other Current Liabilities
 
94

 
Other Current Liabilities
 
—

Total derivatives designated as hedging instruments
 
 
$
94

 
 
 
$
—
Derivative Financial Instrument Effect on Consolidated Statement of Operations
The table below presents the effect of the Company’s derivative financial instruments on the consolidated statements of operations for the three and six months ended August 31, 2013 and 2014 (in 000's).

 
For the Three Months Ended August 31,
Derivatives in Cash Flow
Hedging Relationships
Amount of Gain or (Loss) Recognized in OCI on Derivative (Effective Portion)
 
Location of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)
 
Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)
 
Location of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing)
 
Amount of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing)
2013
 
2014
 
 
 
2013
 
2014
 
 
 
2013
 
2014
Interest Rate Swap
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Agreement
$
(19
)
 
$
(72
)
 
Interest expense
 
$
(23
)
 
$
(25
)
 
N/A
 
$
—

 
$
—

Total
$
(19
)
 
$
(72
)
 
 
 
$
(23
)
 
$
(25
)
 
 
 
$
—

 
$
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
For the Six Months Ended August 31,
Derivatives in Cash Flow
Hedging Relationships
Amount of Gain or (Loss) Recognized in OCI on Derivative (Effective Portion)
 
Location of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)
 
Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)
 
Location of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing)
 
Amount of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing)
2013
 
2014
 
 
 
2013
 
2014
 
 
 
2013
 
2014
Interest Rate Swap Agreement
$
3

 
$
(15
)
 
Interest expense
 
$
(45
)
 
$
(27
)
 
N/A
 
$
—

 
$
—

Total
$
3

 
$
(15
)
 
 
 
$
(45
)
 
$
(27
)
 
 
 
$
—

 
$
—