Income Taxes (Tables)

12 Months Ended

Feb. 28, 2026

Income Tax Disclosure [Abstract]

Sources of income from continuing operations before income taxes

The table below summarizes income by jurisdiction, including from Bermuda, the United States and other jurisdictions, primarily Ireland. Income from continuing operations before income taxes and earnings of unconsolidated equity method investment for the years ended February 28, 2026 and 2025, and February 29, 2024, were as follows:

	Year Ended February 28/29,
	2026		2025		2024
Bermuda	$	49,287	$	53,649	$	31,711
United States	22,867		27,253		25,029
Other	148,095		61,556		47,636
Income from continuing operations before income taxes and earnings of unconsolidated equity method investment	$	220,249	$	142,458	$	104,376

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

The table below presents the components of the income tax provision attributable to Bermuda, the United States and other jurisdictions, primarily Ireland. The components of the income tax provision for the years ended February 28, 2026 and 2025, and February 29, 2024, consisted of the following:

	Year Ended February 28/29,
	2026		2025		2024
Current:
Bermuda	$	1,462	$	—	$	—
United States	6,227		2,840		4,733
Other	(19)		1,558		(1,521)
Current income tax provision	7,670		4,398		3,212
Deferred:
Bermuda	—		—		—
United States	1,304		3,548		6,535
Other	19,889		14,002		13,518
Deferred income tax	21,193		17,550		20,053
Total	$	28,863	$	21,948	$	23,265

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

The significant components of the Company’s deferred tax assets and liabilities as of February 28, 2026 and 2025, consisted of the following:

	Year Ended February 28,
	2026		2025
Deferred tax assets:
Net operating loss carry forwards	$	305,879	$	282,103
Interest expense carry forwards	2,594		2,648
Other	22,714		21,369
Valuation allowance	(39,744)		(45,641)
Total deferred tax assets	291,443		260,479
Deferred tax liabilities:
Accelerated depreciation	(424,356)		(370,989)
Other	(7,590)		(8,124)
Total deferred tax liabilities	(431,946)		(379,113)
Net deferred tax liabilities	$	(140,503)	$	(118,634)

Analysis of effective income tax rate for continuing operations

Upon adoption of ASU 2023-09, as described in Note 1, and enactment of the Bermuda CIT, as described above, the reconciliation of income taxes at the statutory rate to our provision for income taxes for the year ended February 28, 2026, was as follows:

	Year Ended February 28, 2026
	Amount		As %
Statutory tax rate (Bermuda)	$	33,037	15.0	%
State and local income taxes, net of federal income tax effect	—		—	%
Foreign tax effects:
Ireland:
Statutory tax rate difference	(3,698)		(1.7)	%
Non-deductible interest expense	4,960		2.3	%
Other	(3,598)		(1.6)	%
United States:
Statutory tax rate difference	1,372		0.6	%
State and local income tax, net of federal income tax effect(1)	919		0.4	%
Other	1,810		0.8	%
Change in valuation allowance (Bermuda)	(5,914)		(2.7)	%
Other adjustments	(25)		—	%
Total	$	28,863	13.1	%

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(1)Primarily attributable to Connecticut state taxes.

The reconciliation of income taxes at the U.S. federal statutory rate to our provision for income taxes for the years ended February 28, 2025 and February 29, 2024, presented in accordance with the guidance in effect prior to the adoption of ASU 2023-09, was as follows:

	Year Ended February 28/29,
	2025				2024
	Amount		As %		Amount		As %
Notional U.S. federal income tax expense at the statutory rate:	$	29,916	21.0	%	$	21,919	21.0	%
U.S. state and local income tax, net	1,086		0.8	%	1,098		1.0	%
Non-U.S. operations:
Bermuda	(11,233)		(7.9)	%	(6,659)		(6.4)	%
Ireland	2,531		1.8	%	5,709		5.5	%
Singapore	(10)		—	%	(2)		—	%
Other low tax jurisdictions	54		—	%	64		0.1	%
Non-deductible expenses in the U.S.	37		—	%	29		—	%
Other	(433)		(0.3)	%	1,107		1.1	%
Provision for income taxes	$	21,948	15.4	%	$	23,265	22.3	%

Schedule of Cash Flow, Supplemental Disclosures

Cash paid for income taxes, net of refunds, during the year ended February 28, 2026, as presented in accordance with ASU 2023-09, was as follows:

	Year Ended February 28, 2026
Bermuda	$	1,500
United States	(47)
Ireland	(218)
Other	122
Total cash paid for income taxes, net of refunds	$	1,357