Income Taxes |
6 Months Ended |
|---|---|
Aug. 31, 2026 | |
| Income Tax Disclosure [Abstract] | |
| Income Taxes | 13. Income Taxes The provision for income taxes reflects an effective tax rate of 26.7% for the three months ended August 31, 2026, compared to 21.9% for the three months ended August 31, 2025. The increase in the effective tax rate is primarily attributable to higher discrete R&D tax credits recorded during the prior year three-month period, a change in the relative mix of earnings across the jurisdictions within which we operate and higher compensation limited by Internal Revenue Code Section 162(m) in fiscal 2027. The provision for income taxes reflects an effective tax rate of 24.2% for the six months ended August 31, 2026, compared to 23.5% for the six months ended August 31, 2025. The increase in the effective tax rate is primarily attributable to higher discrete R&D tax credits recorded during the prior year six-month period, a change in the relative mix of earnings across the jurisdictions within which we operate and higher compensation limited by Internal Revenue Code Section 162(m), partially offset by higher tax deductions for stock compensation in fiscal 2027.
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