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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
May 31, 2018
May 31, 2017
Cash Flows From Operating Activities:    
Net income $ 15,718 $ 12,062
Adjustments to reconcile net income to net cash used in operating activities:    
Provision for doubtful accounts 1,815 63
Amortization and depreciation 13,071 12,423
Deferred income taxes 639 261
Net loss (gain) on sale of property, plant and equipment 212 (100)
Amortization of deferred borrowing costs 138 154
Share-based compensation expense 1,358 1,194
Effects of changes in assets and liabilities:    
Accounts receivable (29,577) (14,114)
Inventories (1,362) (6,976)
Prepaid expenses and other (5,927) (5,619)
Other assets (1,148) (1,019)
Net change in contract assets and liabilities (20,438) (4,940)
Accounts payable 5,576 (2,405)
Other accrued liabilities and income taxes payable 7,559 (6,788)
Net cash used in operating activities (12,366) (15,804)
Cash Flows Used For Investing Activities:    
Proceeds from sale of property, plant and equipment 0 171
Purchase of Property, Plant and Equipment (2,847) (10,141)
Acquisition of Subsidiaries, Net of Cash Acquired (8,000) 0
Net Cash From Investing Activities (10,847) (9,970)
Cash Flows From Financing Activities:    
Proceeds from revolving loan 102,500 128,000
Payments on revolving loan (67,000) (36,500)
Payments on Long Term Debt (14,286) (63,504)
Payments for Repurchase of Common Stock 0 (2,683)
Payments of Dividends (4,418) (4,423)
Net Cash Used In Financing Activities 16,796 20,890
Effect of Exchange Rate Changes on Cash (498) (81)
Net Increase (Decrease) In Cash & Cash Equivalents (6,915) (4,965)
Cash & Cash Equivalents At Beginning of Period 20,853 11,302
Cash & Cash Equivalents At End of Period 13,938 6,337
Supplemental Disclosures    
Cash Paid For Interest 2,465 2,286
Cash Paid For Income Taxes $ 670 $ 7,097