Fair Value (Tables)

9 Months Ended

Nov. 30, 2014

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	November 30, 2014		(Level 1)		(Level 2)

Assets:
Money market accounts	$	370	$	370	$	-
Foreign currency contracts	162		-		162
Total assets	$	532	$	370	$	162

Liabilities:
Long-term debt - fixed rate (1)	$	82,674	$	-	$	82,674
Long-term debt - floating rate	35,707		-		35,707
Total liabilities	$	118,381	$	-	$	118,381


			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.