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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
May 31, 2018
May 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
Consolidated net income $ 24,239 $ 572
Adjustments to reconcile consolidated net income to net cash used in operating activities -    
Gain on sale of assets, net of disposition costs 32,067 0
Depreciation and amortization 799 978
Amortization of debt discount 465 651
Noncash accretion of debt 21 185
Loss on debt extinguishment (771) 0
Provision for bad debts 698 92
Provision for deferred income taxes (4,181) (25)
Noncash compensation 463 689
Changes in assets and liabilities -    
Accounts receivable 2,518 (1,350)
Prepaid expenses and other current assets (387) (1,746)
Other assets (22) (131)
Accounts payable and accrued liabilities (5,146) (10,581)
Deferred revenue 1,534 1,253
Income taxes 9,245 (115)
Other liabilities 239 (743)
Net cash used in operating activities (811) (10,271)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (20) (397)
Proceeds from the sale of assets 60,000 0
Net cash (used in) provided by investing activities 59,980 (397)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payments on long-term debt (54,533) (4,484)
Proceeds from long-term debt 2,500 8,690
Debt-related costs 0 (1,636)
Distributions to noncontrolling interests (1,721) (1,072)
Proceeds from the exercise of stock options 119 55
Settlement of tax withholding obligations on stock issued to employees (73) (57)
Net cash provided by (used in) financing activities (53,708) 1,496
(DECREASE) INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 5,461 (9,172)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH:    
Beginning of period 6,115 13,672
End of period 11,576 4,500
SUPPLEMENTAL DISCLOSURES:    
Cash paid for interest 2,043 3,399
Cash paid for income taxes, net 369 153
Noncash financing transactions -    
Stock issued to employees and directors $ 463 $ 688