INTANGIBLE ASSETS AND GOODWILL (Tables)

12 Months Ended

Feb. 28, 2015

Intangible Assets And Goodwill [Line Items]

Results of interim and annual impairment tests

We will perform additional interim impairment assessments whenever triggering events suggest such testing for the recoverability of these assets is warranted.

	Interim Assessment			Annual Assessment
	FCC Licenses	Goodwill	Definite-lived	FCC Licenses	Goodwill	Definite-lived	Total
Year Ended February 28, 2013	10,971	—	—	—	448	—	11,419
Year Ended February 28, 2014	—	—	—	—	—	—	—
Year Ended February 28, 2015	—	—	—	9,520	58,395	—	67,915

The table below presents the changes to the carrying values of the Company’s FCC licenses for the years ended February 2014 and 2015 for each unit of accounting.

	Change in FCC License Carrying Values
Unit of Accounting	As of February 28, 2013		Purchases		As of February 28, 2014		Purchases		Impairment			As of February 28, 2015
New York Cluster	$	2,597	$	—	$	2,597	$	69,019	$	—		$	71,616
98.7FM (New York)	60,525		—		60,525		—		(9,462		)	51,063
Austin Cluster	39,255		—		39,255		—		—			39,255
St. Louis Cluster	27,692		—		27,692		—		—			27,692
Indianapolis Cluster	17,654		—		17,654		—		—			17,654
KPWR-FM (Los Angeles)	2,018		—		2,018		—		—			2,018
Terre Haute Cluster	781		36		817		—		(58		)	759
Total	150,522		36		150,558		69,019		(9,520		)	210,057

Assumptions used in annual FCC license impairment testing

	December 1, 2012	December 1, 2013	December 1, 2014
Discount Rate	11.9% - 12.3%	12.0% - 12.4%	12.1% - 12.5%
Long-term Revenue Growth Rate	2.3% - 3.3%	2.3% - 3.1%	1.5% - 3.0%
Mature Market Share	3.2% - 29.4%	3.5% - 30.2%	3.2% - 29.2%
Operating Profit Margin	25.1% - 38.3%	25.0% - 39.1%	25.1% - 39.2%

Change in goodwill carrying value

	Change in Goodwill Carrying Values
Reporting Unit	As of February 28, 2014		Acquisitions		Impairment			As of February 28, 2015
New York Cluster (Radio)	$	—	$	58,395	$	(58,395	)	$	—
Indianapolis Cluster (Radio)	265		—		—			265
Austin Cluster (Radio)	4,338		—		—			4,338
Texas Monthly	8,036		—		—			8,036
Digonex	—		2,753		—			2,753
Total	12,639		61,148		(58,395		)	15,392

Weighted-Average Useful Life, Gross Carrying Amount and Accumulated Amortization for Definite-Lived Intangible Assets

The following table presents the weighted-average remaining useful life at February 28, 2015 and gross carrying amount and accumulated amortization for each major class of definite-lived intangible assets at February 28, 2014 and 2015:

		As of February 28, 2014						As of February 28, 2015
	Weighted  Average Remaining Useful Life (in years)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Trademarks	7.0	$	810	$	548	$	262	$	1,240	$	585	$	655
Patents	6.5	—		—		—		5,180		401		4,779
Programming Contract	6.6	—		—		—		2,154		220		1,934
Customer List	2.4	—		—		—		1,015		205		810
Total		$	810	$	548	$	262	$	9,589	$	1,411	$	8,178

Radio Stations [Member]

Intangible Assets And Goodwill [Line Items]

Assumptions used in annual FCC license impairment testing

	Change in FCC License Carrying Values
Unit of Accounting	As of February 28, 2013		Purchases		As of February 28, 2014		Purchases		Impairment			As of February 28, 2015
New York Cluster	$	2,597	$	—	$	2,597	$	69,019	$	—		$	71,616
98.7FM (New York)	60,525		—		60,525		—		(9,462		)	51,063
Austin Cluster	39,255		—		39,255		—		—			39,255
St. Louis Cluster	27,692		—		27,692		—		—			27,692
Indianapolis Cluster	17,654		—		17,654		—		—			17,654
KPWR-FM (Los Angeles)	2,018		—		2,018		—		—			2,018
Terre Haute Cluster	781		36		817		—		(58		)	759
Total	150,522		36		150,558		69,019		(9,520		)	210,057