v3.26.3
Equity
 6 Months Ended
Aug. 31, 2026
Equity [Abstract]  
Equity
14. Equity
Share Repurchase Program
On November 10, 2020, our Board of Directors authorized a $100 million share repurchase program pursuant to which we may repurchase our common stock (the "2020 Authorization"). Repurchases under the 2020 Authorization will be made through open market or private transactions, in accordance with applicable federal securities laws, and could include repurchases pursuant to Rule 10b5-1 trading plans, which allow stock repurchases when we might otherwise be precluded from doing so. Currently, share repurchases may not exceed 6% of our market capitalization per fiscal year.
On January 22, 2026, our Board of Directors authorized a $100 million share repurchase program (the "2026 Share Repurchase Program") pursuant to which we may repurchase our common stock. Repurchases under the 2026 Share Repurchase Program will be made through open market or private transactions, in accordance with applicable federal securities laws, and could include repurchases pursuant to Rule 10b5-1 trading plans, which allow stock repurchases when we might otherwise be precluded from doing so. Currently, share repurchases may not exceed 6% of our market capitalization per fiscal year.
During the six months ended August 31, 2026, we repurchased 136,303 shares of common stock in the amount of $20.0 million at an average purchase price per share of $146.71 under the 2020 Authorization. As of August 31, 2026, there was $13.2 million remaining to repurchase shares under the 2020 Authorization. During the six months ended August 31, 2026, we did not repurchase any shares of common stock under the 2026 Share Repurchase Program. As of August 31, 2026, there was $100.0 million remaining to repurchase shares under the 2026 Share Repurchase Program.
Accumulated Other Comprehensive Income (Loss)
The components of accumulated other comprehensive income (loss) ("AOCI"), after tax, for the three and six months ended August 31, 2026 and 2025, consisted of the following (in thousands):
Three Months Ended August 31, 2026
Foreign Currency Translation LossForeign Currency Translation Gain (Loss) for Unconsolidated SubsidiaryNet Actuarial GainInterest Rate SwapTotal
Balance as of beginning of period$(8,341)$(710)$1,207 $18 $(7,826)
Other comprehensive income (loss) before reclassification(172)1,104 — 414 1,346 
Amounts reclassified from AOCI(1)
— — — 52 52 
Net change in AOCI(172)1,104 — 466 1,398 
Balance as of end of period$(8,513)$394 $1,207 $484 $(6,428)
Six Months Ended August 31, 2026
Foreign Currency Translation LossForeign Currency Translation Gain (Loss) for Unconsolidated SubsidiaryNet Actuarial GainInterest Rate SwapTotal
Balance as of beginning of period$(7,790)$432 $1,207 $(1,397)$(7,548)
Other comprehensive income (loss) before reclassification(723)(38)— 1,775 1,014 
Amounts reclassified from AOCI(1)
— — — 106 106 
Net change in AOCI(723)(38)— 1,881 1,120 
Balance as of end of period$(8,513)$394 $1,207 $484 $(6,428)
Three Months Ended August 31, 2025
Foreign Currency Translation Gain (Loss)Foreign Currency Translation Gain (Loss) for Unconsolidated SubsidiaryNet Actuarial LossInterest Rate SwapInterest Rate Swap for Unconsolidated SubsidiaryTotal
Balance as of beginning of period$(8,373)$(147)$(587)$26 $(8)$(9,089)
Other comprehensive income (loss) before reclassification208 655 — (1,214)8 (343)
Amounts reclassified from AOCI(2)
— — — (242)— (242)
Net change in AOCI208 655 — (1,456)8 (585)
Balance as of end of period$(8,165)$508 $(587)$(1,430)$— $(9,674)
Six Months Ended August 31, 2025
Foreign Currency Translation Gain (Loss)Foreign Currency Translation Gain (Loss) for Unconsolidated SubsidiaryNet Actuarial LossInterest Rate SwapInterest Rate Swap for Unconsolidated SubsidiaryTotal
Balance as of beginning of period$(10,329)$(388)$(587)$(265)$(11)$(11,580)
Other comprehensive income (loss) before reclassification2,164 896 — (875)11 2,196 
Amounts reclassified from AOCI(2)
— — — (290)— (290)
Net change in AOCI2,164 896 — (1,165)11 1,906 
Balance as of end of period$(8,165)$508 $(587)$(1,430)$— $(9,674)