v3.26.1
Goodwill and Intangible Assets (Tables)
 12 Months Ended
Feb. 28, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Carrying Amount and Accumulated Amortization of Intangible Assets

The carrying amount and accumulated amortization of the Company’s intangible assets at each balance sheet date are as follows (in thousands):

 

 

 

Weighted

 

 

 

 

 

 

 

 

 

 

 

 

Average

 

 

 

 

 

 

 

 

 

 

 

 

Remaining

 

 

Gross

 

 

 

 

 

 

 

 

 

Life

 

 

Carrying

 

 

Accumulated

 

 

 

 

As of February 28, 2026

 

(in years)

 

 

Amount

 

 

Amortization

 

 

Net

 

Definite-lived intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

Trademarks and trade names

 

 

8.2

 

 

$

34,056

 

 

$

18,620

 

 

$

15,436

 

Customer lists

 

 

7.7

 

 

 

93,772

 

 

 

70,763

 

 

 

23,009

 

Non-compete

 

 

0.8

 

 

 

289

 

 

 

250

 

 

 

39

 

Technology

 

 

3.8

 

 

 

650

 

 

 

302

 

 

 

348

 

Total

 

 

7.9

 

 

$

128,767

 

 

$

89,935

 

 

$

38,832

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of February 28, 2025

 

 

 

 

 

 

 

 

 

 

 

 

Definite-lived intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

Trademarks and trade names

 

 

6.9

 

 

$

30,911

 

 

$

16,544

 

 

$

14,367

 

Customer lists

 

 

4.8

 

 

 

83,303

 

 

 

64,890

 

 

 

18,413

 

Non-compete

 

 

0.8

 

 

 

261

 

 

 

212

 

 

 

49

 

Technology

 

 

4.8

 

 

 

650

 

 

 

209

 

 

 

441

 

Total

 

 

5.7

 

 

$

115,125

 

 

$

81,855

 

 

$

33,270

 
Estimated Amortization Expense

The Company’s estimated amortization expense for the next five fiscal years is as follows (in thousands):

 

2027

 

$

7,284

 

2028

 

$

5,760

 

2029

 

$

5,119

 

2030

 

$

3,904

 

2031

 

$

3,240

 
Changes in Net Carrying Amount of Goodwill

Changes in the net carrying amount of goodwill for fiscal years 2026 and 2025 are as follows (in thousands):

 

Balance as of March 1, 2024

 

$

94,349

 

Goodwill acquired

 

 

—

 

Balance as of February 28, 2025

 

 

94,349

 

Goodwill acquired

 

 

12,237

 

Balance as of February 28, 2026

 

$

106,586