v3.26.3
Share-Based Compensation Plans (Tables)
6 Months Ended
Aug. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-based Compensation Expense in SG&A
We recorded share-based compensation expense in SG&A as follows:
Three Months Ended August 31,Six Months Ended August 31,
(in thousands)20262025
2026
2025 (1)
Directors’ stock compensation
$196 $196 $392 $392 
Service Condition Awards3,544 6,627 7,403 10,568 
Performance Condition Awards716 1,664 1,755 (2,862)
Market Condition Awards687 885 1,525 1,009 
Employee stock purchase plan— — 505 561 
Share-based compensation expense5,143 9,372 11,580 9,668 
Less: income tax benefits
(212)(445)(636)(602)
Share-based compensation expense, net of income tax benefits$4,931 $8,927 $10,944 $9,066 
(1)Share-based compensation expense during the six months ended August 31, 2025 includes a benefit for Performance Condition Awards, as a result of a change in estimate from target achievement to zero percent achievement for Performance Condition Awards granted during fiscal 2024.