Supplemental Cash Flow Information

6 Months Ended

Aug. 31, 2024

Supplemental Cash Flow Elements [Abstract]

Supplemental Cash Flow Information

5. 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):

	Six Months Ended August 31,
	2024		2023
Decrease (increase) in current assets:
Accounts receivable, net	$	(10,813)	$	(13,711)
Other receivables	(7,186)		13,101
Inventories	2,454		7,460
Contract assets	(14,648)		57
Prepaid expenses and other	(6,041)		(2,544)
Increase (decrease) in current liabilities:
Accounts payable	23,269		15,037
Income taxes payable	1,747		(226)
Accrued expenses	2,725		2,211
Changes in current assets and current liabilities	$	(8,493)	$	21,385

Cash flows related to interest and income taxes were as follows (in thousands):

	Six Months Ended August 31,
	2024		2023
Cash paid for interest	$	41,227	$	51,539
Cash paid for income taxes	13,703		12,930

Supplemental disclosures of non-cash investing and financing activities were as follows (in thousands):

	Six Months Ended August 31,
	2024		2023
Accrued dividends on Series A Preferred Stock	$	—	$	2,400
Accruals for capital expenditures	5,379		5,579