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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Nov. 30, 2023
Nov. 30, 2022
Cash flows from operating activities:    
Net loss $ (23,499) $ (12,412)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 9,445 9,924
Amortization of debt discount 300 190
Bad debt expense (recovery) 65 (125)
Reduction in the carrying amount of the right of use asset 1,038 1,132
Gain on forward contracts 0 (60)
Equity in income of equity investees (3,958) (5,373)
Distribution of income from equity investees 4,453 4,277
Deferred income tax (benefit) expense (116) 1
Non-cash compensation adjustment (143) (63)
Stock based compensation expense 643 407
(Gain) loss on disposal of property, plant, and equipment (31) 11
Gain on sale of intangible asset (450) 0
Changes in operating assets and liabilities:    
Accounts receivable (8,585) 11,851
Inventory 29,593 (20,609)
Receivables from vendors (1,556) 222
Prepaid expenses and other (2,149) 312
Investment securities-trading 143 64
Accounts payable, accrued expenses, accrued sales incentives, contract liabilities, and other liabilities 932 (30,213)
Income taxes payable (2,605) (7,837)
Net cash provided by (used in) operating activities 3,520 (48,301)
Cash flows from investing activities:    
Purchases of property, plant, and equipment (2,706) (2,933)
Proceeds from sale of property, plant, and equipment 33 1
Proceeds from sale of intangible asset 700 0
Net cash used in investing activities (1,973) (2,932)
Cash flows from financing activities:    
Principal payments on finance lease obligation (244) (217)
Repayment of bank obligations (116,003) (125,987)
Borrowings on bank obligations 125,628 160,853
Deferred financing costs (112) 0
Settlement of market stock unit awards 0 (4,000)
Withholding taxes paid on net issuance of stock award 0 (404)
Purchase of treasury stock (8,655) (2,775)
Net cash provided by financing activities 614 27,470
Effect of exchange rate changes on cash 2,098 4,452
Net increase (decrease) in cash and cash equivalents 4,259 (19,311)
Cash and cash equivalents at beginning of period 6,134 27,788
Cash and cash equivalents at end of period $ 10,393 $ 8,477