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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Nov. 30, 2016
Nov. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:    
Consolidated net income $ 21,174 $ 13,041
Adjustments to reconcile consolidated net income to net cash provided by operating activities -    
Impairment loss on intangible assets 2,988 0
Gain on sale of publishing assets, net of disposition costs (17,491) 0
Depreciation and amortization 3,746 4,385
Amortization of debt discount 1,270 1,245
Noncash accretion of debt 557 557
Loss on debt extinguishment (478) 0
Provision for bad debts 161 292
Provision for deferred income taxes 1,900 2,523
Noncash compensation 2,217 4,669
Loss on disposal of property and equipment (125) 0
Changes in assets and liabilities -    
Restricted cash 631 (693)
Accounts receivable (2,732) (3,376)
Prepaid expenses and other current assets 532 445
Other assets (715) (1,216)
Accounts payable and accrued liabilities (2,728) (4,294)
Deferred revenue (146) (622)
Income taxes (87) (12)
Other liabilities (916) (1,630)
Net cash provided by operating activities 9,702 16,700
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (1,403) (1,943)
Net proceeds from the sale of publishing assets 23,466 0
Distributions from investments, net (66) (123)
Proceeds from the sale of property and equipment 283 0
Other (35) 0
Net cash (used in) provided by investing activities 22,377 (1,820)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payments on long-term debt (45,862) (17,022)
Proceeds from long-term debt 16,000 9,000
Debt-related costs (32) (1,134)
Distributions to noncontrolling interests (4,263) (4,391)
Proceeds from the exercise of stock options 115 133
Purchase of Class A common stock (5) 0
Settlement of tax withholding obligations on stock issued to employees (431) (819)
Net cash used in financing activities (34,478) (14,233)
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (2,399) 647
CASH AND CASH EQUIVALENTS:    
Beginning of period 4,456 3,669
End of period 2,057 4,316
SUPPLEMENTAL DISCLOSURES:    
Cash paid for interest 12,082 12,567
Cash paid for income taxes, net 112 216
Noncash financing transactions -    
Stock issued to employees and directors $ 2,217 $ 4,042