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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Feb. 29, 2016
Feb. 28, 2015
Feb. 28, 2014
Cash Flows From Operating Activities:      
Net Income $ 76,790 $ 64,943 $ 59,597
Adjustments To Reconcile Net Income To Net Cash Provided By Operating Activities:      
Depreciation 31,200 28,100 25,100
Depreciation, Amortization and Accretion, Net 47,417 46,089 43,305
Deferred income tax expense 2,707 15,818 842
Share-based compensation expense 4,538 4,080 3,703
Amortization of deferred borrowing costs 1,347 1,431 1,421
Provision for doubtful accounts (1,072) 458 (116)
Gain (Loss) on Disposition of Assets 286 2,651 0
Net (gain) loss on insurance settlement or sale of property, plant and equipment (327) (2,525) (8,039)
Effects of changes in operating assets and liabilities, net of acquisitions:      
Accounts Receivable (843) (9,382) 35,955
Inventories 11,124 (879) (6,209)
Prepaid expenses and other assets 1,996 5,543 (6,590)
Net change in billings related to costs and estimated earnings on uncompleted contracts 5,739 (5,635) (9,732)
Accounts payable (2,236) 11,026 (4,150)
Other accrued liabilities and income taxes payable (3,877) (15,460) (2,712)
Net cash provided by operating activities: 143,589 118,157 107,275
Cash flows from investing activities:      
Proceeds from the sale or insurance settlement of property, plant, and equipment 1,137 1,330 8,205
Acquisition of subsidiaries, net of cash acquired (60,584) (11,518) (275,702)
Purchases of property, plant and equipment (39,861) (29,377) (43,472)
Net cash used in investing activities: (99,308) (39,565) (310,969)
Cash flows from financing activities:      
Tax benefits from stock options exercised 1,025 259 1,602
Payments on revolving loan (170,561) (57,905) (60,000)
Proceeds from Lines of Credit 181,481 10,977 197,000
Proceeds from Issuance of Long-term Debt 0 0 75,000
Proceeds from long-term debt (21,786) (20,848) (17,098)
Cash dividends paid (15,482) (14,897) (14,290)
Net cash provided by (used in) financing activities (25,323) (82,414) 176,333
Effect of exchange rate changes on cash (1,294) (1,216) (672)
Net increase (decrease) in cash and cash equivalents 17,664 (5,038) (28,033)
Cash and cash equivalents at beginning of year 22,527 27,565 55,598
Cash and cash equivalents at end of year 40,191 22,527 27,565
Cash paid during the year for:      
Interest 14,228 15,613 16,500
Income taxes 21,574 15,264 26,332
Payments of Debt Issuance Costs $ 0 $ 0 $ (5,881)