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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Nov. 30, 2022
Nov. 30, 2021
Cash Flows From Operating Activities:    
Net income (loss) available to common shareholders $ (58,675) $ 62,400
Net income (loss) from discontinued operations (112,947) 23,412
Plus: accrued dividends on Preferred Stock 4,640 0
Net income from continuing operations 58,912 38,988
Adjustments to reconcile net income from continuing operations to net cash provided by operating activities:    
Bad debt expense (38) (250)
Depreciation and amortization 55,813 28,033
Deferred income taxes (20,421) (4,925)
Equity in earnings of unconsolidated entities (1,006) 0
Loss on disposal of business 0 640
Impairment of long-lived assets 235 0
Net (gain) loss on sale of property, plant and equipment (1,381) 284
Amortization of deferred borrowing costs 5,916 551
Share-based compensation expense 7,138 6,542
Effects of changes in assets and liabilities, net of acquisitions and dispositions:    
Accounts receivable (16,430) (16,322)
Inventories (14,646) (9,522)
Prepaid expenses and other (6,195) (49)
Other assets (3,950) (2,750)
Net change in contract assets and liabilities 2,410 (377)
Accounts payable (15,122) 2,370
Other accrued liabilities and income taxes payable 17,387 2,725
Net cash provided by operating activities of continuing operations 68,622 45,938
Cash Flows Used For Investing Activities:    
Proceeds from sale or insurance settlements of property, plant and equipment 4,114 2,371
Purchase of property, plant and equipment (35,085) (15,777)
Proceeds from sale of subsidiaries, net 106,766 0
Acquisition of subsidiaries, net of cash acquired (1,283,448) 0
Net cash used in investing activities of continuing operations (1,207,653) (13,406)
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 (2,592) (2,169)
Proceeds from revolving loan 255,000 216,000
Payments on revolving loan (322,000) (203,000)
Proceeds from long term debt 1,540,000 0
Payments of debt financing costs (87,555) 0
Payments on long term debt (366,500) 0
Repurchase and retirement of treasury stock 0 (28,869)
Payments of dividends (12,664) (12,673)
Net cash provided by (used in) financing activities of continuing operations 1,005,456 (29,167)
Effect of exchange rate changes on cash (2,199) 1,442
Net cash provided by operating activities from discontinued operations 7,973 3,730
Net cash used in investing activities from discontinued operations (3,991) (3,019)
Net cash provided by financing activities from discontinued operations 120,000 0
Cash provided by discontinued operations 123,982 711
Net increase (decrease) in cash and cash equivalents (11,792) 711
Cash and cash equivalents at beginning of period 15,082 14,837
Cash and cash equivalents at end of period 3,290 15,548
Less: Cash and cash equivalents from discontinued operations at end of period 0 (19,415)
Cash and cash equivalents from continuing operations at end of period 3,290 940
Supplemental disclosures of non-cash investing and financing activities    
Cash paid for interest 52,488 3,655
Cash paid for income taxes 15,627 23,259
Issuance of preferred stock in exchange for convertible notes 233,722 0
Accrued dividends on Series A Preferred Stock $ 4,640 $ 0