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Goodwill and Other Intangible Assets (Tables)
3 Months Ended
May 31, 2014
Goodwill And Intangible Assets Disclosure [Abstract]  
Carrying Amount and Accumulated Amortization of Intangible Assets

The carrying amount and accumulated amortization of the Company’s intangible assets at each balance sheet date are as follows (in thousands):

 

     Weighted
Average
Remaining
Life

(in years)
     Gross
Carrying
Amount
     Accumulated
Amortization
     Net  

As of May 31, 2014

           

Amortized intangible assets

           

Trade names

     —         $ 1,234       $ 1,234       $ —     

Customer lists

     6.9         70,207         23,225         46,982   

Patent

     3.8         773         295         478   
     

 

 

    

 

 

    

 

 

 

Total

     6.9       $ 72,214       $ 24,754       $ 47,460   
     

 

 

    

 

 

    

 

 

 

As of February 28, 2014

           

Amortized intangible assets

           

Trade names

     —         $ 1,234       $ 1,234       $ —     

Customer lists

     7.1         70,207         21,840         48,367   

Patent

     4.0         773         263         510   
     

 

 

    

 

 

    

 

 

 

Total

     7.1       $ 72,214       $ 23,337       $ 48,877   
     

 

 

    

 

 

    

 

 

 

 

Non-amortizing Intangible Assets

     May 31,      February 28,  
     2014      2014  

Non-amortizing intangible assets

     

Trademarks and trade names

   $ 62,898       $ 62,898   
Estimated Amortization Expense

The Company’s estimated amortization expense for the next five fiscal years ending in February of the stated calendar year is as follows (in thousands):

 

2016

     5,491   

2017

     5,491   

2018

     5,252   

2019

     4,789   

2020

     4,383   

Changes in Net Carrying Amount of Goodwill

Changes in the net carrying amount of goodwill as of the dates indicated are as follows (in thousands):

 

     Print      Apparel        
     Segment      Segment        
     Total      Total     Total  

Balance as of February 28, 2013

   $ 47,260       $ 74,549      $ 121,809   

Goodwill acquired

     12,024         —          12,024   

Goodwill impairment

     —           (18,626     (18,626
  

 

 

    

 

 

   

 

 

 

Balance as of February 28, 2014

     59,284         55,923        115,207   

Goodwill acquired

     12         —          12   

Goodwill impairment

     —           —          —     
  

 

 

    

 

 

   

 

 

 

Balance as of May 31, 2014

   $ 59,296       $ 55,923      $ 115,219