v3.25.2
Long-Term Debt (Tables)
3 Months Ended
May 31, 2025
Debt Disclosure [Abstract]  
Schedule of long-term debt
A summary of our long-term debt follows:
(in thousands)May 31, 2025February 28, 2025
Credit Agreement (1):
Revolving loans$385,400 $678,100 
Term loans491,406 243,750 
Total borrowings under Credit Agreement876,806 921,850 
Unamortized prepaid financing fees(5,793)(4,956)
Total long-term debt871,013 916,894 
Less: current maturities of long-term debt(20,313)(9,375)
Long-term debt, excluding current maturities$850,700 $907,519 
(1)The weighted average interest rates on borrowings outstanding under the Credit Agreement (defined below) inclusive of the impact of our interest rate swaps as of May 31, 2025 and February 28, 2025 were 5.8% and 5.6%, respectively.