Fair Value (Tables)

6 Months Ended

Aug. 31, 2014

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	August 31, 2014		(Level 1)		(Level 2)
Assets:
Money market accounts	$	880	$	880	$	-
Foreign currency contracts	85		-		85
Total assets	$	965	$	880	$	85
Liabilities:
Long-term debt - fixed rate (1)	$	84,175	$	-	$	84,175
Long-term debt - floating rate	35,707		-		35,707
Foreign currency contracts	24		-		24
Total liabilities	$	119,906	$	-	$	119,906
			Quoted Prices in		Significant Other
			Active Markets		Observable
	Fair Values at		for Identical Assets		Market Inputs
Description	February 28, 2014		(Level 1)		(Level 2)
Assets:
Money market accounts	$	1,549	$	1,549	$	-
Foreign currency contracts	-		-		-
Total assets	$	1,549	$	1,549	$	-
Liabilities:
Long-term debt - fixed rate (1)	$	83,951	$	-	$	83,951
Long-term debt - floating rate	112,607		-		112,607
Interest rate swaps and foreign currency contracts	1,596		-		1,596
Total liabilities	$	198,154	$	-	$	198,154

(1) 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.