Income Taxes (Tables)

12 Months Ended

Feb. 28, 2025

Income Tax Disclosure [Abstract]

Sources of income from continuing operations before income taxes

The sources of income from continuing operations before income taxes and earnings of unconsolidated equity method investment for the years ended February 28, 2025, February 29, 2024 and February 28, 2023, were as follows:

	Year Ended February 28/29,
	2025		2024		2023
U.S. operations	$	27,253	$	25,029	$	21,172
Non-U.S. operations	115,205		79,347		64,865
Income from continuing operations before income taxes and earnings of unconsolidated equity method investment	$	142,458	$	104,376	$	86,037

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The components of the income tax provision for the years ended February 28, 2025, February 29, 2024 and February 28, 2023, consisted of the following:

	Year Ended February 28/29,
	2025		2024		2023
Current:
United States:
Federal	$	2,069	$	2,484	$	5,671
State	771		2,249		1,667
Non-U.S.	1,558		(1,521)		4,438
Current income tax provision	4,398		3,212		11,776
Deferred:
United States:
Federal	3,536		5,415		(728)
State	12		1,120		(341)
Non-U.S.	14,002		13,518		14,759
Deferred income tax	17,550		20,053		13,690
Total	$	21,948	$	23,265	$	25,466

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

Significant components of the Company’s deferred tax assets and liabilities at February 28, 2025 and February 29, 2024, consisted of the following:

	Year Ended February 28/29,
	2025		2024
Deferred tax assets:
Net operating loss carry forwards	$	282,103	$	239,306
Interest expense carry forwards	2,648		2,085
Other	21,369		23,426
Valuation allowance	(45,641)		(53,408)
Total deferred tax assets	260,479		211,409
Deferred tax liabilities:
Accelerated depreciation	(370,989)		(299,957)
Other	(8,124)		(11,809)
Total deferred tax liabilities	(379,113)		(311,766)
Net deferred tax liabilities	$	(118,634)	$	(100,357)

Analysis of effective income tax rate for continuing operations

Differences between statutory income tax rates and our effective income tax rates applied to pre-tax income from continuing operations for the years ended February 28, 2025, February 29, 2024 and February 28, 2023, consisted of the following:

	Year Ended February 28/29,
	2025		2024		2023
Notional U.S. federal income tax expense at the statutory rate:	$	29,916	$	21,919	$	18,068
U.S. state and local income tax, net	1,086		1,098		928
Non-U.S. operations:
Bermuda	(11,233)		(6,659)		(12,039)
Ireland	2,531		5,709		19,279
Singapore	(10)		(2)		27
Other low tax jurisdictions	54		64		152
Non-deductible expenses in the U.S.	37		29		19
Other	(433)		1,107		(968)
Provision for income taxes	$	21,948	$	23,265	$	25,466