ACQUISITIONS (Tables)

12 Months Ended

Feb. 28, 2018

The following is the final purchase price allocation (in thousands):

Purchase price				$	131,735
Less cash acquired, net of debt assumed					(9,303	)
Net cash paid					122,432
Fair value of net assets acquired:
Current assets other than cash	$	41,214
Property and equipment		11,910
Developed technology		8,200
Tradename		35,500
Customer lists		4,650
Dealer relationships		16,850
Other non-current assets		4,208
Deferred tax liability		(5,466	)
Current liabilities		(37,647	)
Deferred revenue, non-current		(10,883	)
Other non-current liabilities		(2,576	)
Total fair value of net assets acquired					65,960
Goodwill				$	56,472

Summary of Pro Forma Information

The following is unaudited pro forma consolidated financial information presented as if the acquisition had occurred on March 1, 2015 (in thousands except per share amounts):

	Pro Forma
	Year Ended February 28,
	2017		2016
Revenues	$	356,357	$	408,464
Net income	$	1,132	$	5,069
Earnings per share:
Basic	$	0.03	$	0.14
Diluted	$	0.03	$	0.14
Shares used in computing earnings per share:
Basic		35,917		36,448
Diluted		36,397		36,950