v3.26.1
Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Feb. 28, 2026
Feb. 28, 2025
Feb. 29, 2024
Revenue      
Revenues $ 549.1 $ 534.9 $ 759.1
Cost of sales      
Cost of Revenue (130.9) (140.0) (268.4)
Gross margin 418.2 394.9 490.7
Operating expenses      
Research and development 113.6 108.8 127.1
Sales and marketing 114.0 95.5 104.0
General and administrative 128.8 159.7 187.2
Amortization 11.4 17.7 26.7
Goodwill impairment loss continuing operations     15.9
Impairment of long-lived assets (note 4) 2.1 9.6 15.3
Prior Debentures fair value adjustment 0.0 0.0 3.5
Litigation settlement 0.0 2.8 0.0
Total operating expenses 369.9 394.1 479.7
Operating income 48.3 0.8 11.0
Investment income, net (note 4 and note 7) 10.7 7.7 18.8
Income before income tax 59.0 8.5 29.8
Provision for income taxes (note 6) 5.8 17.0 24.2
Consolidated income from continuing operations before income taxes 53.2 (8.5) 5.6
Gain from disposal of discontinued operation, net of tax (note 3) 0.0 10.2 0.0
Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, before Income Tax 0.0 (80.7) (135.8)
Net income (loss) $ 53.2 $ (79.0) $ (130.2)
Earnings (loss) per share (note 9)      
Earnings Per Share, Basic $ 0.09 $ (0.13) $ (0.22)
Earnings Per Share, Diluted 0.09 (0.13) (0.22)
Diluted earnings (loss) per share from continuing operations 0.09 (0.01) 0.01
Basic earnings (loss) per share from continuing operations $ 0.09 $ (0.01) $ 0.01