Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
Feb. 28, 2018	Feb. 28, 2017	Feb. 29, 2016
Cash flows from operating activities:
Net earnings	$ 32,905	$ 1,780	$ 35,736
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation	8,033	7,934	7,798
Amortization of deferred finance charges	114	65
Amortization of intangible assets	6,058	4,673	4,555
Pre-tax loss from discontinued operations	2,000	36,775
Operating cash flows of discontinued operations		538	38,508
(Gain) loss from disposal of assets	162	278	(479)
Bad debt expense, net of recoveries	(265)	263	253
Stock based compensation	1,337	1,361	1,308
Excess tax benefit of stock based compensation		(265)	46
Deferred income taxes	(1,794)	4,359	(5,457)
Changes in operating assets and liabilities, net of the effects of acquisitions:
Accounts receivable	(21)	3,315	4,166
Prepaid expenses and income taxes	(2,699)	1,134	1,887
Inventories	1,566	1,428	318
Other current assets			228
Other assets	65	(589)
Accounts payable and accrued expenses	(847)	(140)	(701)
Other liabilities	76	(3,579)	(689)
Liability for pension benefits	(1,400)	(443)	(793)
Net cash provided by operating activities	45,290	58,887	86,684
Cash flows from investing activities:
Capital expenditures	(2,667)	(3,065)	(4,227)
Purchase of businesses, net of cash acquired	(1,350)	(18,584)	(331)
Proceeds from sale of discontinued operations		107,354
Investing cash flows of discontinued operations		(279)	(596)
Proceeds from disposal of plant and property	64	664	1,038
Net cash provided by (used in) investing activities	(3,953)	86,090	(4,116)
Cash flows from financing activities:
Repayment of debt		(10,000)	(59,010)
Dividends paid	(22,260)	(57,200)	(18,044)
Financing cash flows of discontinued operations			(7,490)
Common stock repurchases	(3,313)	(8,443)
Proceeds from exercise of stock options		2,910
Excess tax benefit of stock based compensation		265	(46)
Net cash used in financing activities	(25,573)	(72,468)	(84,590)
Effect of exchange rate changes on cash			(3,378)
Net change in cash	15,764	72,509	(5,400)
Cash at beginning of period	80,466	7,957	13,357
Cash at end of period	$ 96,230	$ 80,466	$ 7,957

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Amount of cash inflow from exercise of stock options granted under share-based compensation arrangement.

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Amount of expense related to write-down of receivables to the amount expected to be collected. Includes, but is not limited to, accounts receivable and notes receivable.

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The cash outflow for debt initially having maturity due after one year or beyond the normal operating cycle, if longer.

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The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method.

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