Long-term Debt (Tables)

9 Months Ended

Nov. 30, 2014

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

Long-term debt was comprised of the following at February 28, 2014 and November 30, 2014:

	February 28, 2014			November 30, 2014
2012 Credit Agreement debt :
Revolver	$	—		$	—
Term Loan	54,000			—
Total 2012 Credit Agreement debt	54,000			—
2014 Credit Agreement debt :
Revolver	—			10,000
Term Loan	—			185,000
Total 2014 Credit Agreement debt	—			195,000
98.7FM non-recourse debt	74,942			71,567
Digonex non-recourse debt (1)	—			3,786
Less: Current maturities	(12,541		)	(6,263		)
Less: Unamortized original issue discount of Credit Agreement debt	(1,475		)	(6,648		)
Total long-term debt	$	114,926		$	257,442

Schedule Of Maximum Leverage Ratio

Our Total Leverage Ratio and Interest Coverage Ratio (each as defined in the 2014 Credit Agreement) requirements and actual amounts as of November 30, 2014 were as follows:

	As of November 30, 2014
	Covenant Requirement	Actual Results
Maximum Total Leverage Ratio	5.25 : 1.00	4.16 : 1.00
Minimum Interest Coverage Ratio	2.00 : 1.00	2.47 : 1.00

Schedule of Maturities of Long-term Debt

Based on amounts outstanding at November 30, 2014, mandatory principal payments of long-term debt for the next five

years and thereafter are summarized below:

Year Ended	2014 Credit Agreement						Digonex		Total
February 28 (29),	Revolver		Term Loan		98.7FM Debt		Notes payable		Payments
2015	$	—	$	—	$	1,166	$	—	$	1,166
2016	—		1,850		4,990		—		6,840
2017	—		1,850		5,453		—		7,303
2018	—		1,850		6,039		6,199		14,088
2019	—		1,850		6,587		—		8,437
Thereafter	10,000		177,600		47,332		—		234,932
Total	$	10,000	$	185,000	$	71,567	$	6,199	$	272,766