v3.26.1
Leases (Tables)
12 Months Ended
Feb. 28, 2026
Leases [Abstract]  
Components of Lease Expense

Components of lease expense for the three fiscal years ended (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

2026

 

 

2025

 

 

2024

 

Operating lease cost

 

$

5,637

 

 

$

5,574

 

 

$

5,632

 

 

 

 

 

 

 

 

 

 

Supplemental cash flow information related to leases was as follows:

 

 

 

 

 

 

 

 

 

Cash paid for amounts included in the measurement of lease liabilities

 

 

 

 

 

 

 

 

 

Operating cash flows from operating leases

 

$

5,690

 

 

$

5,653

 

 

$

5,669

 

 

 

 

 

 

 

 

 

 

Right-of-use assets obtained in exchange for lease obligations

 

 

 

 

 

 

 

 

 

Operating leases

 

$

4,877

 

 

$

5,562

 

 

$

916

 

 

Weighted Average Remaining Lease Terms

 

 

 

 

 

 

 

 

 

Operating leases

 

2.9 Years

 

 

2.8 Years

 

 

2.5 Years

 

 

 

 

 

 

 

 

 

 

Weighted Average Discount Rate

 

 

 

 

 

 

 

 

 

Operating leases

 

 

4.27

%

 

 

4.61

%

 

 

4.08

%

Summary of Future Minimum Lease Commitments Under Non-cancelable Operating Leases

Future minimum lease commitments under non-cancelable operating leases for each of the fiscal years ending are as follows (in thousands):

 

 

Operating

 

 

 

Lease

 

 

 

Commitments

 

2027

 

$

4,332

 

2028

 

 

2,648

 

2029

 

 

1,631

 

2030

 

 

718

 

2031

 

 

252

 

Thereafter

 

 

140

 

Total future minimum lease payments

 

$

9,721

 

Less imputed interest

 

 

506

 

Present value of lease liabilities

 

$

9,215