Fair Value (Tables)

3 Months Ended

May 31, 2012

Fair Value

Schedule of fair value hierarchy of financial assets and liabilities carried at fair value and measured on a recurring basis

(in thousands)
			Quoted Prices in		Significant Other
			Active Markets		Observable
	Fair Values at		for Identical Assets		Market Inputs
Description	May 31, 2012		(Level 1)		(Level 2)
Assets:
Money market accounts	$	1,431	$	1,431	$	-
Foreign currency contracts	382		-		382
Total assets	$	1,813	$	1,431	$	382
Liabilities:
Long-term debt - fixed rate (1)	$	104,430	$	-	$	104,430
Long-term debt - floating rate	75,000		-		75,000
Interest rate swap	7,671		-		7,671
Total liabilities	$	187,101	$	-	$	187,101
			Quoted Prices in		Significant Other
			Active Markets		Observable
	Fair Values at		for Identical Assets		Market Inputs
Description	February 29, 2012		(Level 1)		(Level 2)
Assets:
Money market accounts	$	801	$	801	$	-
Note receivable (1)	737		-		737
Total assets	$	1,538	$	801	$	737
Liabilities:
Long-term debt - fixed rate (1)	$	104,450	$	-	$	104,450
Long-term debt - floating rate	75,000		-		75,000
Interest rate swap	8,553		-		8,553
Foreign currency contracts	163		-		163
Total liabilities	$	188,166	$	-	$	188,166

(1)Note receivable and debt values are reported at estimated fair value in these tables, but are recorded in the accompanying consolidated condensed balance sheets at the undiscounted value of remaining principal payments due.