Long-term Debt (Tables)

3 Months Ended

May. 31, 2015

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

Long-term debt was comprised of the following at February 28, 2015 and May 31, 2015:

	February 28, 2015			May 31, 2015
2014 Credit Agreement debt :
Revolver	$	8,000		$	11,000
Term Loan	185,000			184,537
Total 2014 Credit Agreement debt	193,000			195,537
98.7FM non-recourse debt	70,401			69,208
Digonex non-recourse debt (1)	3,971			4,157
Less: Current maturities	(6,840		)	(10,192		)
Less: Unamortized original issue discount of Credit Agreement debt	(6,382		)	(7,228		)
Total long-term debt	$	254,150		$	251,482

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 May 31, 2015 were as follows:

	As of May 31, 2015
	Covenant Requirement	Actual Results
Maximum Total Leverage Ratio	6.75 : 1.00	5.56 : 1.00
Minimum Interest Coverage Ratio	2.00 : 1.00	2.96 : 1.00

Schedule of Maturities of Long-term Debt

Based on amounts outstanding at May 31, 2015, 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
2016	$	—	$	2,775	$	3,797	$	—	$	6,572
2017	—		9,250		5,453		—		14,703
2018	—		9,250		6,039		6,199		21,488
2019	—		9,250		6,587		—		15,837
2020	11,000		9,250		7,150		—		27,400
Thereafter	—		144,762		40,182		—		184,944
Total	$	11,000	$	184,537	$	69,208	$	6,199	$	270,944