v3.26.1
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Feb. 28, 2026
Feb. 28, 2025
Feb. 29, 2024
Cash flows from operating activities      
Net income (loss) $ 53.2 $ (79.0) $ (130.2)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Amortization 17.8 44.7 58.5
Stock-based compensation 23.2 25.6 33.1
Discontinued Operation, Gain (Loss) from Disposal of Discontinued Operation, before Income Tax 0.0 (10.4) 0.0
Impairment of goodwill 0.0 0.0 34.8
Impairment of long-lived assets (note 4) 2.1 9.6 15.3
Intellectual property disposed of by sale 0.0 0.0 147.2
Prior Debentures fair value adjustment 0.0 0.0 3.5
Operating leases (11.3) (10.8) (13.7)
Other 1.2 2.3 2.3
Net changes in working capital items      
Accounts receivable, net of allowance 17.7 25.0 (78.8)
Other receivables 2.8 11.7 (9.2)
Income taxes receivable (1.0) 2.0 (0.5)
Other assets 8.2 (16.0) (54.3)
Accounts payable (26.5) 14.2 (7.4)
Accrued liabilities (9.5) 6.4 (20.3)
Income taxes payable (13.1) (2.9) 8.7
Deferred revenue (14.5) (5.9) 7.5
Net cash provided by (used in) operating activities 50.3 16.5 (3.5)
Cash flows from investing activities      
Acquisition of long-term investments 0.0 0.0 (1.6)
Proceeds on sale, maturity or distribution from long-term investments 1.1 0.0 0.0
Acquisition of property, plant and equipment (3.8) (3.1) (7.1)
Acquisition of intangible assets (5.7) (7.0) (13.8)
Change in consideration for business acquisition 38.1 79.8 0.0
Acquisition of short-term investments (153.6) (154.9) (154.4)
Proceeds on sale or maturity of short-term investments 139.5 145.9 223.5
Net cash provided by investing activities 15.6 60.7 46.6
Cash flows from financing activities      
Issuance of common shares 2.5 3.1 5.9
Common shares repurchased (60.7) 0.0 0.0
Repayments of Debt 0.0 0.0 (515.0)
Proceeds from Issuance of Extension Debentures and Notes (note 7) 0.0 0.0 344.0
Net cash provided by (used in) financing activities (58.2) 3.1 (165.1)
Effect of foreign exchange gain (loss) on cash, cash equivalents, restricted cash, and restricted cash equivalents 0.9 (0.5) 0.2
Net increase (decrease) in cash, cash equivalents, restricted cash, and restricted cash equivalents during the year 8.6 79.8 (121.8)
Cash, cash equivalents, restricted cash, and restricted cash equivalents, beginning of year 280.3 200.5 322.3
Cash, cash equivalents, restricted cash, and restricted cash equivalents, end of year $ 288.9 $ 280.3 $ 200.5