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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Feb. 28, 2019
Feb. 28, 2018
Feb. 28, 2017
Income Statement [Abstract]      
NET REVENUES $ 114,131 $ 148,487 $ 214,568
OPERATING EXPENSES:      
Station operating expenses excluding depreciation and amortization expense 91,033 119,758 180,085
Corporate expenses excluding depreciation and amortization expense 10,313 10,712 11,359
Impairment loss on intangible assets 343 265 9,843
Depreciation and amortization 3,213 3,628 4,806
Gain on sale of radio and publishing assets, net of disposition costs (31,817) (76,604) (23,557)
Loss (gain) on sale of assets 57 (69) 124
Total operating expenses 73,142 57,690 182,660
Operating income (loss) 40,989 90,797 31,908
OTHER EXPENSE:      
Interest expense (8,103) (15,143) (18,018)
Loss on debt extinguishment (779) (2,662) (620)
Other (expense) income, net 139 35 (160)
Total other expense (8,743) (17,770) (18,798)
INCOME BEFORE INCOME TAXES 32,246 73,027 13,110
(BENEFIT) PROVISION FOR INCOME TAXES 6,167 (11,732) (110)
CONSOLIDATED NET INCOME 26,079 84,759 13,220
NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS 2,727 2,630 101
NET INCOME ATTRIBUTABLE TO THE COMPANY $ 23,352 $ 82,129 $ 13,119
Basic net income per share attributable to common shareholders:      
Basic net income per share attributable to common shareholders: $ 1.85 $ 6.65 $ 1.09
Basic weighted average common shares outstanding 12,606 12,347 12,040
Diluted net income per share attributable to common shareholders:      
Diluted net income per share attributable to common shareholders: $ 1.74 $ 6.50 $ 1.07
Diluted weighted average common shares outstanding 13,448 12,626 12,229