INCOME TAXES (Tables)

12 Months Ended

Feb. 28, 2014

United States and foreign income (loss) before income taxes for the years ended February 2012, 2013 and 2014 was as follows:



	2012			2013			2014
United States	$	4,305		$	(7,518	)	$	16,659
Foreign	(867		)	(1,350		)	(2,067		)
Income (loss) before income taxes	$	3,438		$	(8,868	)	$	14,592

Benefit for Income Taxes



	2012			2013			2014
United States	$	4,305		$	(7,518	)	$	16,659
Foreign	(867		)	(1,350		)	(2,067		)
Income (loss) before income taxes	$	3,438		$	(8,868	)	$	14,592

The benefit for income taxes for the years ended February 2012, 2013, and 2014 consisted of the following:



	2012			2013			2014
Current:
Federal	$	529		$	(529	)	$	—
State	1,510			(152		)	(900		)
Foreign	—			161			13
	2,039			(520		)	(887		)
Deferred:
Federal	(29,303		)	(4,589		)	(25,219		)
State	(5,023		)	(1,930		)	(7,957		)
Foreign	—			—			—
	(34,326		)	(6,519		)	(33,176		)
Benefit for income taxes	$	(32,287	)	$	(7,039	)	$	(34,063	)
Other Tax Related Information:
Tax provision (benefit) of discontinued operations	5,544			(6,975		)	—

Provision (benefit) for Income Taxes Federal Statutory Corporate Tax



	2012			2013			2014
Current:
Federal	$	529		$	(529	)	$	—
State	1,510			(152		)	(900		)
Foreign	—			161			13
	2,039			(520		)	(887		)
Deferred:
Federal	(29,303		)	(4,589		)	(25,219		)
State	(5,023		)	(1,930		)	(7,957		)
Foreign	—			—			—
	(34,326		)	(6,519		)	(33,176		)
Benefit for income taxes	$	(32,287	)	$	(7,039	)	$	(34,063	)
Other Tax Related Information:
Tax provision (benefit) of discontinued operations	5,544			(6,975		)	—

The provision (benefit) for income taxes for the years ended February 2012, 2013 and 2014 differs from that computed at the Federal statutory corporate tax rate as follows:



	2012			2013			2014
Computed income tax provision (benefit) at 35%	$	1,203		$	(3,109	)	$	5,110
State income tax benefit	(3,513		)	(2,082		)	(8,857		)
Foreign taxes	303			639			737
Tax benefit resulting from swap expiration and related OCI reversal	(786		)	—			—
Allocation of tax benefit from discontinued operations	—			(3,007		)	—
Nondeductible stock compensation and Section 162 disallowance	271			127			55
Entertainment disallowance	504			430			455
Change in valuation allowance	(30,092		)	6,966			(31,059		)
Tax attributed to noncontrolling interest	(1,496		)	(1,561		)	(1,793		)
Section 165(g) worthless stock deduction	—			(5,746		)	—
Alternative minimum tax	529			(529		)	—
Taxable dividend from foreign subsidiary	752			—			—
Other	38			833			1,289
Benefit for income taxes	$	(32,287	)	$	(7,039	)	$	(34,063	)

Components of Deferred Tax Assets and Deferred Tax Liabilities

The components of deferred tax assets and deferred tax liabilities at February 28, 2013 and February 28, 2014 are as follows:



	2013			2014
Deferred tax assets:
Net operating loss carryforwards	$	29,070		$	27,963
Intangible assets	17,051			12,127
Compensation relating to stock options	2,884			2,199
Interest rate exchange agreement	43			38
Deferred revenue	2,049			1,639
Accrued rent	1,567			1,897
Tax credits	1,405			1,927
Investments in subsidiaries	320			352
Other	1,116			2,181
Valuation allowance	(40,863		)	(970		)
Total deferred tax assets	14,642			49,353
Deferred tax liabilities
Indefinite-lived intangible assets	(37,952		)	(40,549		)
Property and equipment	(1,507		)	(569		)
Cancellation of debt income	(13,136		)	(13,136		)
Other	(119		)	—
Total deferred tax liabilities	(52,714		)	(54,254		)
Net deferred tax liabilities	$	(38,072	)	$	(4,901	)

Reconciliation of Total Amounts of Gross Unrecognized Tax Benefits

The following is a tabular reconciliation of the total amounts of gross unrecognized tax benefits for the years ending February 28, 2013 and February 28, 2014:



	For the year ending February 28,
	2013			2014
Gross unrecognized tax benefit – opening balance	$	(525	)	$	(683	)
Gross increases – tax positions in prior periods	(158		)	—
Gross decreases—settlements with taxing authorities	—			525
Gross unrecognized tax benefit – ending balance	$	(683	)	$	(158	)