Noncontrolling Interests	3 Months Ended
May 31, 2022
Noncontrolling Interest [Abstract]
Noncontrolling Interests	. Noncontrolling Interests Noncontrolling interest represents the portion of E2open Holdings that we control and consolidate but do not own. As of May 31, 2022 and February 28, 2022, the noncontrolling interests represent a 10.0% ownership in E2open Holdings. Generally, Common Units participate in net income or loss allocations and distributions and entitle their holder to the right, subject to the terms set forth in the limited liability agreement, to require E2open Holdings to redeem all or a portion of the Common Units held by such participant. At our option, we may satisfy this redemption with cash or by exchanging Class V Common Stock for Class A Common Stock on a one-for-one basis. During the three months ended May 31, 2022, 25,000 Common Units were converted into Class A Common Stock with a value of $0.2 million based off the 5-day VWAP. No Common Units were converted or settled in cash during the three months ended May 31, 2021. This activity resulted in a decrease to noncontrolling interests of $0.2 million during the three months ended May 31, 2022. As of May 31, 2022 and February 28, 2022, there were a total of 33.5 million and 33.6 million Common Units held by participants of E2open Holdings, respectively. We follow the guidance issued by the FASB regarding the classification and measurement of redeemable securities. Accordingly, we have determined that the Common Units meet the requirements to be classified as permanent equity.

Noncontrolling Interests

3 Months Ended

May 31, 2022

. Noncontrolling Interests

Noncontrolling interest represents the portion of E2open Holdings that we control and consolidate but do not own. As of May 31, 2022 and February 28, 2022, the noncontrolling interests represent a 10.0% ownership in E2open Holdings.

Generally, Common Units participate in net income or loss allocations and distributions and entitle their holder to the right, subject to the terms set forth in the limited liability agreement, to require E2open Holdings to redeem all or a portion of the Common Units held by such participant. At our option, we may satisfy this redemption with cash or by exchanging Class V Common Stock for Class A Common Stock on a one-for-one basis.

During the three months ended May 31, 2022, 25,000 Common Units were converted into Class A Common Stock with a value of $0.2 million based off the 5-day VWAP. No Common Units were converted or settled in cash during the three months ended May 31, 2021. This activity resulted in a decrease to noncontrolling interests of $0.2 million during the three months ended May 31, 2022.

As of May 31, 2022 and February 28, 2022, there were a total of 33.5 million and 33.6 million Common Units held by participants of E2open Holdings, respectively.

We follow the guidance issued by the FASB regarding the classification and measurement of redeemable securities. Accordingly, we have determined that the Common Units meet the requirements to be classified as permanent equity.