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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
May 31, 2022
Feb. 28, 2022
Current assets:    
Cash and cash equivalents $ 59,040 $ 79,221
Accounts receivable, net 66,049 61,544
Inventories 19,281 18,269
Prepaid expenses and other current assets 23,973 22,348
Total current assets 168,343 181,382
Property and equipment, net 37,217 37,674
Operating lease right-of-use assets 11,406 12,327
Deferred income tax assets 3,894 4,165
Goodwill 94,193 94,436
Other intangible assets, net 30,553 31,965
Other assets 29,187 29,632
Total assets 374,793 391,581
Current liabilities:    
Current portion of long-term debt 2,264 2,585
Accounts payable 28,954 31,815
Accrued payroll and employee benefits 9,620 10,929
Deferred revenue 23,691 26,174
Other current liabilities 21,052 18,951
Total current liabilities 85,581 90,454
Long-term debt, net of current portion 226,906 189,703
Operating lease liabilities 12,091 13,382
Other non-current liabilities 21,626 22,640
Total liabilities 346,204 316,179
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $.01 par value; 3,000 shares authorized; no shares issued or outstanding
Common stock, $.01 par value; 80,000 shares authorized; 36,156 and 36,052 shares issued and outstanding at May 31, 2022 and February 28, 2022, respectively 362 361
Additional paid-in capital 177,917 242,386
Accumulated deficit (148,499) (165,965)
Accumulated other comprehensive loss (1,191) (1,380)
Total stockholders' equity 28,589 75,402
Total liabilities and stockholders' equity $ 374,793 $ 391,581