Derivative Instruments And Hedging Activities (Tables)

6 Months Ended

Aug. 31, 2012

Derivative Instruments And Hedging Activities [Abstract]

Schedule Of Fair Values Of Derivative Instruments On The Consolidated Balance Sheets


	As of August 31, 2012					As of February 29, 2012
(In thousands)	Assets			Liabilities		Assets		Liabilities
Derivatives designated as accounting hedges:
Interest rate swaps ⁽¹⁾		$	―	$	―	$	11	$	―
Interest rate swaps ⁽²⁾			―		(4,600)		―		(1,643)
Total derivatives designated as accounting hedges			―		(4,600)		11		(1,643)
Derivatives not designated as accounting hedges:
Interest rate swaps ⁽¹⁾			8		―		304		―
Interest rate swaps ⁽²⁾			―		(8)		―		(335)
Interest rate caps ⁽¹⁾			54		(54)		83		(81)
Total derivatives not designated as accounting hedges			62		(62)		387		(416)
Total		$	62	$	(4,662)	$	398	$	(2,059)

⁽¹⁾ Reported in other current assets on the consolidated balance sheets.

⁽²⁾ Reported in accounts payable on the consolidated balance sheets.

Schedule Of Effect Of Derivative Instruments On The Consolidated Statements Of Earnings


		Three Months Ended				Six Months Ended
		August 31				August 31
(In thousands)		2012		2011		2012		2011
Derivatives designated as accounting hedges:
Loss recognized in AOCL ⁽¹⁾	$	(3,380)	$	(10,705)	$	(6,392)	$	(17,118)
Loss reclassified from AOCL into CAF income ⁽¹⁾	$	(3,293)	$	(975)	$	(6,528)	$	(2,095)

Derivatives not designated as accounting hedges:
Loss recognized in CAF income⁽²⁾	$	―	$	(35)	$	(1)	$	(75)

⁽¹⁾ Represents the effective portion.

⁽²⁾ Represents the loss on interest rate swaps, the net periodic settlements and accrued interest.

- Definition

Tabular disclosure of the location and amount of gains and losses reported in the statement of financial performance, or when applicable, the statement of financial position. For example, (a) gains and losses recognized in the income statement on derivative instruments designated and qualifying as hedging instruments in fair value hedges and related hedged items designated and qualifying in fair value hedges and (b) gains and losses initially recognized in other comprehensive income on derivative instruments designated and qualifying as cash flow hedges.

+ References+ Details

- Definition

Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.

+ References+ Details