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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Feb. 29, 2016
Feb. 28, 2015
Feb. 28, 2014
Cash flows from operating activities:      
Net earnings (loss) $ 35,736 $ (44,533) $ 13,189
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:      
Depreciation 11,327 10,505 9,854
Amortization of deferred finance charges 149 149 149
Amortization of trade names, customer lists, and patent 6,022 5,779 4,216
Impairment of goodwill and trademarks 4,130 93,324 24,226
Gain from disposal of assets (479) (58) (274)
Bad debt expense 1,132 1,326 3,024
Stock based compensation 1,308 1,339 1,532
Excess tax benefit of stock based compensation 46 106 (17)
Deferred income taxes (3,584) (11,379) (1,900)
Changes in operating assets and liabilities, net of the effects of acquisitions:      
Accounts receivable 6,655 3,750 (1,909)
Prepaid expenses 4,445 (3,435) 2,953
Inventories 18,973 12,928 (16,415)
Other current assets (13) (10) (442)
Other assets 2,572 304 197
Accounts payable and accrued expenses 295 (3,492) (4,913)
Other liabilities (758) 519 204
Liability for pension benefits (793) (1,853) (919)
Net cash provided by operating activities 87,163 65,269 32,755
Cash flows from investing activities:      
Capital expenditures (4,823) (2,479) (4,646)
Purchase price of businesses, net of cash acquired (331) (27,082) (61,857)
Proceeds from disposal of plant and property 1,038 151 992
Net cash used in investing activities (4,116) (29,410) (65,511)
Cash flows from financing activities:      
Borrowings on debt   26,000 73,000
Repayment of debt (66,500) (25,000) (25,000)
Dividends (18,044) (18,191) (13,765)
Purchase of treasury stock   (7,034) (1,838)
Proceeds from exercise of stock options   54 94
Excess tax benefit of stock based compensation (46) (106) 17
Net cash provided by (used in) financing activities (84,590) (24,277) 32,508
Effect of exchange rate changes on cash (3,378) (1,552) (668)
Net change in cash (4,921) 10,030 (916)
Cash at beginning of period 15,346 5,316 6,232
Cash at end of period $ 10,425 $ 15,346 $ 5,316