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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Feb. 28, 2019
Feb. 28, 2018
CURRENT ASSETS:    
Cash and cash equivalents $ 5,438 $ 4,107
Restricted cash 2,504 2,008
Accounts receivable, net of allowance for doubtful accounts of $539 and $395, respectively 16,775 20,594
Prepaid expenses 3,831 3,234
Assets held for sale 0 26,170
Other 1,446 3,680
Total current assets 29,994 59,793
PROPERTY AND EQUIPMENT:    
Land and buildings 26,443 26,608
Leasehold improvements 9,036 9,239
Broadcasting equipment 33,089 34,623
Office equipment, computer equipment, software and automobiles 21,040 24,773
Construction in progress 19 696
Total property and equipment 89,627 95,939
Less-accumulated depreciation and amortization 66,150 69,338
Total property and equipment, net 23,477 26,601
INTANGIBLE ASSETS:    
Indefinite-lived intangibles 170,547 170,890
Goodwill 4,338 4,338
Other intangibles 2,154 2,154
Total intangible assets 177,039 177,382
Less-accumulated amortization 1,396 1,101
Total intangible assets, net 175,643 176,281
OTHER ASSETS:    
Investments 800 800
Deposits and other 7,832 7,669
Total other assets 8,632 8,469
Total assets 237,746 271,144
CURRENT LIABILITIES:    
Accounts payable and accrued expenses 4,451 6,394
Current maturities of long-term debt 32,150 16,037
Accrued salaries and commissions 2,570 3,541
Deferred revenue 4,055 4,030
Income taxes payable 11,218 381
Other 2,922 2,314
Total current liabilities 57,366 32,697
LONG-TERM DEBT, NET OF CURRENT PORTION 48,757 122,849
OTHER NONCURRENT LIABILITIES 6,024 5,932
DEFERRED INCOME TAXES 25,232 31,403
Total liabilities 137,379 192,881
COMMITMENTS AND CONTINGENCIES (NOTE 11)
SHAREHOLDERS’ EQUITY:    
Additional paid-in capital 595,984 594,708
Accumulated deficit (523,900) (547,252)
Total shareholders’ equity 72,214 47,583
NONCONTROLLING INTERESTS 28,153 30,680
Total equity 100,367 78,263
Total liabilities and equity 237,746 271,144
Class A Common Stock    
SHAREHOLDERS’ EQUITY:    
Common Stock 118 116
Class B Common Stock    
SHAREHOLDERS’ EQUITY:    
Common Stock $ 12 $ 11