Income Taxes (Tables)

12 Months Ended

Feb. 28, 2023

Income Tax Disclosure [Abstract]

Schedule Of Income Tax Provision

Income Tax Provision

	Years Ended February 28
(In thousands)	2023		2022		2021
Current:
Federal	$	128,994	$	264,194	$	209,447
State	29,598		61,855		44,678
Total	158,592		326,049		254,125
Deferred:
Federal	(1,118)		10,560		(27,971)
State	(5,432)		4,440		(7,816)
Total	(6,550)		15,000		(35,787)
Income tax provision	$	152,042	$	341,049	$	218,338

Schedule Of Effective Income Tax Rate Reconciliation

Effective Income Tax Rate Reconciliation

	Years Ended February 28
	2023		2022		2021
Federal statutory income tax rate	21.0	%	21.0	%	21.0	%
State and local income taxes, net of federal benefit	3.4		3.7		3.3
Share-based compensation	—		(1.8)		(1.6)
Nondeductible and other items	1.5		0.7		0.5
Credits	(2.0)		(0.7)		(0.6)
Effective income tax rate	23.9	%	22.9	%	22.6	%

Schedule Of Temporary Differences Resulting In Deferred Tax Assets And Liabilities

Temporary Differences Resulting in Deferred Tax Assets and Liabilities

	As of February 28
(In thousands)	2023		2022
Deferred tax assets:
Accrued expenses and other	$	102,611	$	122,791
Allowance for loan losses	123,636		104,454
Prepaid expenses	3,484		4,236
Net operating loss carryforwards and other tax attributes	35,184		38,637
Operating lease liabilities	146,006		144,693
Share-based compensation	37,165		40,579
Capital loss carry forward	847		745
Total deferred tax assets	448,933		456,135
Less:  valuation allowance	(1,305)		(1,455)
Total deferred tax assets after valuation allowance	447,628		454,680
Deferred tax liabilities:
Intangibles	47,072		51,088
Property and equipment	113,015		115,263
Operating lease assets	137,617		137,095
Inventory	14,512		19,147
Derivatives	54,672		11,156
Total deferred tax liabilities	366,888		333,749
Net deferred tax asset	$	80,740	$	120,931

Schedule Of Reconciliation Of Unrecognized Tax Benefits

Reconciliation of Unrecognized Tax Benefits

	Years Ended February 28
(In thousands)	2023		2022		2021
Balance at beginning of year	$	24,765	$	28,997	$	30,865
Increases for tax positions of prior years	114		432		188
Decreases for tax positions of prior years	(19)		(5,056)		(4,468)
Increases based on tax positions related to the current year	3,813		2,657		3,634
Settlements	(79)		(391)		(4)
Lapse of statute	(1,502)		(1,874)		(1,218)
Balance at end of year	$	27,092	$	24,765	$	28,997