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Supplemental Cash Flow Information
 12 Months Ended
Feb. 29, 2024
Supplemental Cash Flow Elements [Abstract]  
Supplemental Cash Flow Information
8. Supplemental Cash Flow Information

To arrive at net cash provided by operating activities, net income is adjusted by, among other things, changes in current assets and current liabilities as follows (in thousands):
Year Ended February 29/28,
202420232022
Decrease (increase) in current assets:
Accounts receivable, net$14,261 $(12,556)$(15,643)
Other receivables11,370 (13,989)(5,648)
Inventories26,276 (17,198)(18,765)
Contract assets(2,479)(4,404)(37)
Prepaid expenses and other177 (4,190)1,578 
Increase (decrease) in current liabilities:
Accounts payable(801)(14,035)5,719 
Income taxes payable(100)(3,252)4,377 
Accrued expenses5,298 2,549 (3,906)
Changes in current assets and current liabilities$54,002 $(67,075)$(32,325)
Cash flows related to interest and income taxes were as follows (in thousands):

Year Ended February 29/28,
202420232022
Cash paid for interest$97,812 $77,989 $6,062 
Cash paid for income taxes20,433 24,489 31,660 

Supplemental disclosures of non-cash investing and financing activities were as follows (in thousands):
Year Ended February 29/28,
202420232022
Issuance of preferred stock in exchange for convertible notes$— $233,722 $— 
Accrued dividends on preferred stock2,400 2,400 — 
Accruals for capital expenditures7,514 1,748 864 

During fiscal 2024, we had non-cash investing activities related to asset retirements of $9.5 million. See Note 10 for supplemental disclosures of non-cash investing and financing activities related to our leases.