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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Nov. 30, 2011
Feb. 28, 2011
Current assets:    
Cash and cash equivalents $ 3,076 $ 3,764
Certificates of deposit and other investments 806 807
Accounts receivable, net of allowance for doubtful accounts of $968 and $1,044, respectively 683 2,419
Merchandise inventory, net of reserve of $25 and $15, respectively 925 752
Notes receivable, net of allowance for doubtful accounts of $425 0 200
Deferred income taxes 175 175
Income taxes receivable 299 358
Prepaid expenses 1,578 1,107
Other current assets 82 136
Total current assets 7,624 9,718
Artifacts owned, at cost 2,998 3,012
Property and equipment, net of accumulated depreciation of $18,038 and $15,376, respectively 12,247 12,620
Exhibition licenses, net of accumulated amortization of $5,652 and $5,861, respectively 2,346 2,987
Film and gaming assets, net of accumulated amortization of $175 3,158 2,994
Other receivable, net of allowance for doubtful accounts of $117 5 0
Subrogation rights 250 250
Total Assets 28,628 31,581
Current liabilities:    
Accounts payable and accrued liabilities 4,850 5,951
Deferred revenue 2,565 2,596
Short-term portion of notes payable 489 0
Total current liabilities 7,904 8,547
Long-Term liabilities:    
Lease abandonment 2,556 3,014
Deferred income taxes 175 175
Long-term portion of notes payable 727 0
Total long-term liabilities 3,458 3,189
Commitment and Contingencies      
Shareholders' equity:    
Common stock; $.0001 par value; authorized 65,000,000 shares; issued 47,445,522 and 48,205,661 shares, respectively; outstanding 47,443,513 and 47,203,652 shares, respectively 5 5
Additional paid-in capital 51,705 58,356
Accumulated deficit (33,963) (31,085)
Accumulated other comprehensive loss (480) (455)
Less treasury stock, at cost; 2,009 and 1,002,009 shares; respectively (1) (7,190)
Equity Attributable to Shareholders of Premier Exhibitions, Inc. 17,266 19,631
Equity Attributable to Non-controlling interest 0 214
Total liabilities and shareholders' equity $ 28,628 $ 31,581