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Income Taxes
3 Months Ended
May 31, 2026
Income Tax Disclosure [Abstract]  
Income Taxes

17. Income Taxes

The Company is subject to U.S. federal income tax as well as income taxes of multiple state jurisdictions. The quarterly income tax provision was computed based on the Company's estimated annualized effective tax rate and the full-year forecasted income or loss plus the tax impact of unusual, infrequent, or nonrecurring significant items during the period.

 

The Company's effective tax rate for the three months ended May 31, 2026 and 2025 was 28.0% and 27.5%, respectively. The Company made cash payments for income taxes, net of income tax refunds of approximately $0.1 million and $0.2 million for the three months ended May 31, 2026 and 2025, respectively.