Long-term Debt (Tables)

6 Months Ended

Aug. 31, 2016

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

Long-term debt was comprised of the following at February 29, 2016 and August 31, 2016:

	February 29, 2016			August 31, 2016
2014 Credit Agreement debt :
Revolver	$	3,000		$	11,000
Term Loan	181,762			174,268
Total 2014 Credit Agreement debt	184,762			185,268
98.7FM non-recourse debt	65,411			62,740
Digonex non-recourse debt (1)	4,714			5,085
Less: Current maturities	(17,573		)	(14,982		)
Less: Unamortized original issue discount	(9,287		)	(8,433		)
Total long-term debt	$	228,027		$	229,678

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, 2016 were as follows:

	As of August 31, 2016
	Covenant Requirement	Actual Results
Maximum Total Leverage Ratio	6.25 : 1.00	5.62 : 1.00
Minimum Interest Coverage Ratio	2.00 : 1.00	2.39 : 1.00

Schedule of Maturities of Long-term Debt

Based on amounts outstanding at August 31, 2016, 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
2017	$	—	$	4,625	$	2,783	$	—	$	7,408
2018	—		9,250		6,039		6,199		21,488
2019	—		9,250		6,587		—		15,837
2020	11,000		9,250		7,150		—		27,400
2021	—		9,250		7,756		—		17,006
Thereafter	—		132,643		32,425		—		165,068
Total	$	11,000	$	174,268	$	62,740	$	6,199	$	254,207