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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Aug. 31, 2022
Aug. 31, 2021
Cash Flows From Operating Activities:    
Net income (loss) available to common shareholders $ (34,533) $ 41,315
Net income (loss) from discontinued operations (73,978) 15,434
Plus: dividends on Preferred Stock 1,040 0
Net income from continuing operations 40,485 25,881
Adjustments to reconcile net income from continuing operations to net cash provided by operating activities:    
Bad debt expense (1) 12
Depreciation and amortization 33,875 15,912
Deferred income taxes (21,823) (1,367)
Loss on disposal of business 0 552
Impairment of long-lived assets 135 0
Net (gain) loss on sale of property, plant and equipment (2,742) (9)
Amortization of deferred borrowing costs 4,661 330
Share-based compensation expense 4,770 4,682
Effects of changes in assets and liabilities, net of acquisitions and dispositions:    
Accounts receivable (35,813) (10,166)
Inventories (16,081) (5,446)
Prepaid expenses and other (9,238) (2,231)
Other assets (4,254) (1,625)
Net change in contract assets and liabilities (7,751) (295)
Accounts payable 32,840 836
Other accrued liabilities and income taxes payable 22,948 4,192
Net cash provided by operating activities of continuing operations 42,011 31,258
Cash Flows Used For Investing Activities:    
Proceeds from sale or insurance settlements of property, plant and equipment 4,089 2,478
Purchase of property, plant and equipment (18,696) (10,641)
Acquisition of subsidiaries, net of cash acquired (1,298,513) 0
Net cash used in investing activities of continuing operations (1,313,120) (8,163)
Cash Flows From Financing Activities:    
Proceeds from issuance of common stock 1,767 1,544
Payments for taxes related to net share settlement of equity awards (2,306) (2,149)
Proceeds from revolving loan 175,000 182,000
Payments on revolving loan (225,000) (178,000)
Proceeds from long term debt 1,540,000 0
Payments of debt financing costs (82,697) 0
Payments on long term debt (153,250) 0
Repurchase and retirement of treasury stock 0 (21,233)
Payments of dividends (8,418) (8,510)
Net cash provided by (used in) financing activities of continuing operations 1,245,096 (26,348)
Effect of exchange rate changes on cash 2,501 (197)
Net cash provided by operating activities from discontinued operations 25,098 6,499
Net cash provided by investing activities from discontinued operations (2,328) (2,399)
Net cash used in financing activities from discontinued operations 0 0
Cash provided by discontinued operations 22,770 4,100
Net increase (decrease) in cash and cash equivalents (742) 650
Cash and cash equivalents at beginning of period 15,082 14,837
Cash and cash equivalents at end of period 14,340 15,487
Less: Cash and cash equivalents from discontinued operations at end of period (3,000) (3,000)
Cash and cash equivalents from continuing operations at end of period 11,340 12,487
Supplemental disclosures of non-cash investing and financing activities    
Cash paid for interest 3,442 3,304
Cash paid for income taxes 10,065 14,360
Issuance of preferred stock in exchange for convertible notes 233,722 0
Accrued dividends on Series A Preferred Stock $ 1,040 $ 0