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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
May 31, 2019
May 31, 2018
Cash Flows From Operating Activities:    
Net income $ 21,284 $ 15,718
Adjustments to reconcile net income to net cash used in operating activities:    
Provision for doubtful accounts 2,616 1,815
Amortization and depreciation 12,326 13,071
Deferred income taxes 668 639
Net (gain) loss on sale of property, plant and equipment (200) 212
Amortization of deferred borrowing costs 136 138
Share-based compensation expense 1,350 1,358
Effects of changes in assets and liabilities, net of acquisitions:    
Accounts receivable (14,228) (29,577)
Inventories 7,681 (1,362)
Prepaid expenses and other (1,240) (5,927)
Other assets 185 (1,148)
Net change in contract assets and liabilities (55,088) (20,438)
Accounts payable 7,068 5,576
Other accrued liabilities and income taxes payable (1,145) 7,559
Net cash used in operating activities (18,587) (12,366)
Cash Flows Used For Investing Activities:    
Proceeds from sale of property, plant and equipment 210 0
Purchase of Property, Plant and Equipment (4,686) (2,847)
Acquisition of Subsidiaries, Net of Cash Acquired (38,993) (8,000)
Net Cash From Investing Activities (43,469) (10,847)
Cash Flows From Financing Activities:    
Proceeds from revolving loan 187,000 102,500
Payments on revolving loan (131,000) (67,000)
Payments on Long Term Debt 0 (14,286)
Payments of Dividends (4,440) (4,418)
Net Cash Used In Financing Activities 51,560 16,796
Effect of Exchange Rate Changes on Cash 77 (498)
Net Increase (Decrease) In Cash & Cash Equivalents (10,419) (6,915)
Cash & Cash Equivalents At Beginning of Period 24,005 20,853
Cash & Cash Equivalents At End of Period 13,586 13,938
Supplemental Disclosures    
Cash Paid For Interest 1,600 2,465
Cash Paid For Income Taxes $ 567 $ 670