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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Nov. 30, 2020
Nov. 30, 2019
Cash Flows From Operating Activities:    
Net income (loss) $ 23,454 $ 58,877
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for doubtful accounts 233 2,316
Amortization and depreciation 34,176 37,208
Deferred income taxes (4,660) (4,486)
Loss on disposal of business 3,050 0
Non-cash restructuring and impairment charges 17,219 0
Net gain on sale of property, plant and equipment 0 (305)
Amortization of deferred borrowing costs 503 404
Share-based compensation expense 5,773 4,904
Effects of changes in assets and liabilities, net of acquisitions and dispositions:    
Accounts receivable 9,715 (28,088)
Inventories (1,763) 6,245
Prepaid expenses and other 2,327 1,491
Other assets 226 286
Net change in contract assets and liabilities (15,297) (54,149)
Accounts payable (7,782) 18,386
Other accrued liabilities and income taxes payable (7,780) 28,965
Net cash provided by operating activities 59,394 72,054
Cash Flows Used For Investing Activities:    
Proceeds from sale of property, plant and equipment 454 337
Purchase of property, plant and equipment (27,885) (22,543)
Proceeds from sale of subsidiaries, net 12,444 0
Acquisition of subsidiaries, net of cash acquired 0 (60,628)
Net cash used in investing activities (14,987) (82,834)
Cash Flows From Financing Activities:    
Proceeds from issuance of common stock 1,694 1,781
Payments for taxes related to net share settlement of equity awards (646) (1,217)
Proceeds from revolving loan 161,000 320,500
Payments on revolving loan (182,000) (306,500)
Purchases of treasury shares (30,953) 0
Payments of dividends (13,324) (13,355)
Net cash (used in) provided by financing activities (64,229) 1,209
Effect of exchange rate changes on cash 2,330 (145)
Net decrease in cash and cash equivalents (17,492) (9,716)
Cash and cash equivalents at beginning of period 36,687 24,005
Cash and cash equivalents at end of period 19,195 14,289
Supplemental disclosures    
Cash paid for interest 5,241 8,426
Cash paid for income taxes $ 15,208 $ 7,985