Fair Value Measurements (Tables)

6 Months Ended

Aug. 31, 2026

Schedule Of Items Measured At Fair Value On A Recurring Basis

Items Measured at Fair Value on a Recurring Basis


	As of August 31, 2026
(In thousands)	Level 1			Level 2			Level 3			Total
Assets:
Money market securities	$	800,693		$	—		$	—		$	800,693
Mutual fund investments	34,190			—			—			34,190

Derivative instruments designated as hedges	—			21,646			—			21,646

Beneficial interests in non-consolidated securitizations	—			58,044			6,557			64,601
Total assets at fair value	$	834,883		$	79,690		$	6,557		$	921,130

Percent of total assets at fair value	90.6		%	8.7		%	0.7		%	100.0		%
Percent of total assets	3.2		%	0.3		%	—		%	3.5		%

Liabilities:
Derivative instruments designated as hedges	$	—		$	(137)		$	—		$	(137)

Total liabilities at fair value	$	—		$	(137)		$	—		$	(137)

Percent of total liabilities	—		%	—		%	—		%	—		%


	As of February 28, 2026
(In thousands)	Level 1			Level 2			Level 3			Total
Assets:
Money market securities	$	751,211		$	—		$	—		$	751,211
Mutual fund investments	33,651			—			—			33,651
Derivative instruments designated as hedges	—			416			—			416

Beneficial interests in non-consolidated securitizations	—			37,670			3,950			41,620
Total assets at fair value	$	784,862		$	38,086		$	3,950		$	826,898

Percent of total assets at fair value	94.9		%	4.6		%	0.5		%	100.0		%
Percent of total assets	3.0		%	0.1		%	—		%	3.1		%

Liabilities:
Derivative instruments designated as hedges	$	—		$	(9,771)		$	—		$	(9,771)
Total liabilities at fair value	$	—		$	(9,771)		$	—		$	(9,771)

Percent of total liabilities	—		%	—		%	—		%	—		%

Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]


(In thousands)	As of August 31, 2026		As of February 28, 2026
Carrying value	$	200,000	$	400,000
Fair value	$	195,806	$	397,759

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation


	Six Months Ended
(In thousands)	August 31, 2026
Balance as of beginning of year	$	3,950
Received in securitization transaction	2,838
Principal payments received	(901)
Interest income	670

Balance as of end of period	$	6,557

Schedule of Carrying Values and Estimated Fair Values of Financing Receivables, Held-for-Sale


(In thousands)	As of August 31, 2026		As of February 28, 2026
Carrying value	$	106,541	$	100,491
Fair value	$	109,629	$	103,836

- Definition

Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.

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