v3.26.1
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Common shares
Class A common shares
Common shares
Class B common shares
Treasury stock
Additional paid-in capital
Statutory reserve
Accumulated deficit
Accumulated other comprehensive income / (loss)
Total TAL Education Group shareholders' equity
Non-controlling interests
Class A common shares
Total
Balance at Feb. 28, 2023 $ 169 $ 49 $ (6) $ 4,400,656 $ 160,353 $ (685,912) $ (30,666) $ 3,844,643 $ (23,730)   $ 3,820,913
Balance (in shares) at Feb. 28, 2023 169,122,124 49,153,604                  
Balance (in shares) at Feb. 28, 2023     (5,959,339)                
Net loss (income)           (3,573)   (3,573) (565)   (4,138)
Provision for statutory reserve         4,785 (4,785)          
Issuance of common shares in connection with vesting of non-vested shares $ 2     (2)              
Issuance of common shares in connection with vesting of non-vested shares (in shares) 2,315,735                    
Share-based compensation       88,898       88,898     88,898
Exercise of share options       462       462     462
Exercise of share options (in shares) 133,385                    
Share repurchase(Note 14)     $ (13) (233,544)       (233,557)     (233,557)
Share repurchase(Note 14) (in shares)     (13,385,764)                
Share repurchase (Note 14) $ (19)   $ 19             $ (233,557)  
Share repurchase (Note 14) (in shares) (19,345,103)   19,345,103             (13,385,764)  
Foreign currency translation adjustment             (40,258) (40,258) 961   (39,297)
Unrealized gain/(loss) on available-for-sale investments, net of tax effect             4,996 4,996     4,996
Share consideration for purchase of intangible assets       487       487     487
Share consideration for purchase of intangible assets (in shares) 27,680                 27,680  
Balance at Feb. 29, 2024 $ 152 $ 49   4,256,957 165,138 (694,270) (65,928) 3,662,098 (23,334)   3,638,764
Balance (in shares) at Feb. 29, 2024 152,253,821 49,153,604                  
Net loss (income)           84,591   84,591 (331)   84,260
Provision for statutory reserve         14,399 (14,399)          
Issuance of common shares in connection with vesting of non-vested shares $ 2     (2)              
Issuance of common shares in connection with vesting of non-vested shares (in shares) 1,839,056                    
Share-based compensation       64,939       64,939     64,939
Exercise of share options       402       402     402
Exercise of share options (in shares) 26,027                    
Share repurchase(Note 14)       (13,147)       (13,147)     (13,147)
Share repurchase(Note 14) (in shares)     (499,933)                
Share repurchase (Note 14)                   $ (13,147)  
Share repurchase (Note 14) (in shares)                   (499,933)  
Foreign currency translation adjustment             (12,920) (12,920) 262   (12,658)
Unrealized gain/(loss) on available-for-sale investments, net of tax effect             (5,066) (5,066)     (5,066)
Business acquisitions                 8,904   8,904
Acquisition of non-controlling interests       (14,330)       (14,330) 14,330    
Balance at Feb. 28, 2025 $ 154 $ 49   4,294,819 179,537 (624,078) (83,914) 3,766,567 (169)   3,766,398
Balance (in shares) at Feb. 28, 2025 154,118,904 49,153,604                  
Balance (in shares) at Feb. 28, 2025     (499,933)                
Net loss (income)           530,751   530,751 (613)   530,138
Provision for statutory reserve         37,101 (37,101)          
Issuance of common shares in connection with vesting of non-vested shares $ 2     (2)              
Issuance of common shares in connection with vesting of non-vested shares (in shares) 1,524,442   455,167                
Share-based compensation       43,093       43,093     43,093
Exercise of share options       573       573     573
Exercise of share options (in shares) 6,723   44,766                
Share repurchase(Note 14)     $ (20) (644,065)       (644,085)     (644,085)
Share repurchase(Note 14) (in shares)     (20,325,401)                
Share repurchase (Note 14)                   $ (643,066)  
Share repurchase (Note 14) (in shares)                   (20,325,401)  
Foreign currency translation adjustment             81,343 81,343 31   81,374
Unrealized gain/(loss) on available-for-sale investments, net of tax effect             (3,805) (3,805)     (3,805)
Balance at Feb. 28, 2026 $ 156 $ 49 $ (20) $ 3,694,418 $ 216,638 $ (130,428) $ (6,376) $ 3,774,437 $ (751)   $ 3,773,686
Balance (in shares) at Feb. 28, 2026 155,650,069 49,153,604                  
Balance (in shares) at Feb. 28, 2026     (20,325,401)