v3.26.1
Discontinued Operations (Tables)
 12 Months Ended
Feb. 28, 2026
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Operations of Businesses Reported as Discontinued Operations

The following table discloses the results of operations of the businesses reported as discontinued operations for the years ended February 28 or 29, 2026, 2025, and 2024, respectively (amounts in thousands):

 

 

FOR THE YEARS ENDED FEBRUARY 28 or 29,

 

($'s in thousands)

 

2026

 

 

2025

 

 

2024

 

Total Revenue

 

$

—

 

 

$

—

 

 

$

212

 

Cost of sales

 

 

—

 

 

 

—

 

 

 

—

 

Operating Expenses

 

 

—

 

 

 

—

 

 

 

143

 

Gain on disposal of assets

 

 

—

 

 

 

—

 

 

 

(635

)

Other expense, net

 

 

—

 

 

 

—

 

 

 

—

 

Earnings from discontinued operations before
   income taxes

 

 

—

 

 

 

—

 

 

 

704

 

Income tax provision

 

 

—

 

 

 

—

 

 

 

—

 

Earnings (loss) from discontinued operations, net of tax

 

$

—

 

 

$

—

 

 

$

704

 

The following table summarizes the gain recognized during the year ended February 29, 2024 related to the sale of assets on May 1, 2023, as described above (amounts in thousands):

 

Cash proceeds from the sale of assets

 

$

1,749

 

Accounts receivable

 

 

9

 

Notes receivable

 

 

1,000

 

 

 

 

Total consideration received

 

 

2,758

 

 

 

 

Assets and liabilities transferred

 

 

 

Franchise rights

 

 

1,703

 

Inventory

 

 

6

 

Liabilities

 

 

(229

)

 

 

 

Net assets transferred

 

 

1,480

 

 

 

 

Costs associated with the sale of assets

 

 

643

 

 

 

 

Gain on disposal of assets

 

$

635