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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Feb. 29, 2020
Feb. 28, 2019
Feb. 28, 2018
Cash Flows From Operating Activities:      
Net Income $ 48,234 $ 51,208 $ 45,169
Adjustments To Reconcile Net Income To Net Cash Provided By Operating Activities:      
Depreciation, Amortization and Accretion, Net 50,194 50,245 50,526
Deferred income taxes (2,617) 3,731 (20,637)
Loss on disposal of business (18,632) 0 0
Share-based compensation expense 6,290 4,659 6,121
Amortization of deferred debt issuance costs 538 541 595
Provision for doubtful accounts 2,734 2,153 3,007
Gain (Loss) on Disposition of Assets 9,157 810 10,834
Net loss on sale of property, plant & equipment and insurance proceeds (71) 9 765
Effects of changes in operating assets and liabilities, net of acquisitions:      
Accounts Receivable (1,006) (8,131) 3,492
Inventories 25,875 (595) (9,927)
Prepaid expenses and other assets (291) (4,883) (2,376)
Net change in contract assets and liabilities (47,040) 3,091 984
Accounts payable 10,594 (171) 1,540
Other accrued liabilities and income taxes payable 23,536 8,809 (13,283)
Net cash provided by operating activities: 144,759 111,476 76,810
Cash flows from investing activities:      
Proceeds from the sale or insurance settlement of property, plant, and equipment 340 1,543 458
Proceeds from sale of subsidiary, net 23,584 0 0
Payments to Acquire Businesses, Net of Cash Acquired 60,628 8,000 44,785
Purchases of property, plant and equipment (35,044) (25,616) (29,612)
Net cash used in investing activities: (71,748) (32,073) (73,939)
Cash flows from financing activities:      
Proceeds from issuance of common stock 3,113 3,765 3,317
Payments for taxes related to net share settlement of equity awards (1,231) (573) (1,218)
Payments on revolving loan (466,500) (310,000) (256,500)
Proceeds from Lines of Credit 428,500 264,000 349,000
Proceeds from long-term debt 0 (14,286) (63,504)
Cash dividends paid (17,822) (17,718) (17,678)
Net cash provided by (used in) financing activities (59,739) (74,812) 5,899
Payments for Repurchase of Common Stock 5,799 0 7,518
Effect of exchange rate changes on cash (590) (1,439) 781
Net increase (decrease) in cash and cash equivalents 12,682 3,152 9,551
Cash and cash equivalents at beginning of year 24,005 20,853 11,302
Cash and cash equivalents at end of year 36,687 24,005 20,853
Cash paid during the year for:      
Interest 13,023 14,880 13,593
Income taxes $ 18,802 $ 3,291 $ 8,701