Benefit Plans (Tables)

12 Months Ended

Feb. 29, 2020

Defined Benefit Plan [Abstract]

Benefit Plan Information

Benefit Plan Information

	As of February 29 or 28
	Pension Plan						Restoration Plan						Total
(In thousands)	2020			2019			2020			2019			2020			2019
Plan assets	$	168,835		$	166,020		$	—		$	—		$	168,835		$	166,020
Projected benefit obligation	298,441			231,677			12,498			11,082			310,939			242,759
Funded status recognized	$	(129,606	)	$	(65,657	)	$	(12,498	)	$	(11,082	)	$	(142,104	)	$	(76,739	)
Amounts recognized in the consolidated balance sheets:
Current liability	$	—		$	—		$	(615	)	$	(500	)	$	(615	)	$	(500	)
Noncurrent liability	(129,606		)	(65,657		)	(11,883		)	(10,582		)	(141,489		)	(76,239		)
Net amount recognized	$	(129,606	)	$	(65,657	)	$	(12,498	)	$	(11,082	)	$	(142,104	)	$	(76,739	)

Components Of Net Pension Expense

	Pension Plan				Restoration Plan			Total
(In thousands)	2020	2019		2018	2020	2019	2018	2020		2019		2018
Total net pension (benefit) expense	(1,595)	(681	)	207	488	474	468	(1,107	)	(207	)	675
Total net actuarial loss (1)	67,385	4,478		2,880	1,476	82	376	68,861		4,560		3,256

⁽¹⁾

Changes recognized in Accumulated Other Comprehensive Loss

Schedule Of Assumptions Used

Assumptions Used to Determine Benefit Obligations

	As of February 29 or 28
	Pension Plan				Restoration Plan
	2020		2019		2020		2019
Discount rate	2.85	%	4.20	%	2.85	%	4.20	%

 

Assumptions Used to Determine Net Pension Expense

	Years Ended February 29 or 28
	Pension Plan						Restoration Plan
	2020		2019		2018		2020		2019		2018
Discount rate	4.20	%	4.10	%	4.25	%	4.20	%	4.10	%	4.25	%
Expected rate of return on plan assets	7.75	%	7.75	%	7.75	%	—	%	—	%	—	%

Schedule Of Fair Value Of Plan Assets

Fair Value of Plan Assets

	As of February 29 or 28
(In thousands)	2020		2019
Mutual funds (Level 1):
Equity securities	$	—	$	106,367
Equity securities – international	20,410		20,481
Fixed income securities	—		38,038
Collective funds (NAV):
Short-term investments	420		1,219
Equity securities	104,823		—
Fixed income securities	43,182		—
Investment payables, net	—		(85		)
Total	$	168,835	$	166,020