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Intangible Assets, Net (Tables)
3 Months Ended
May 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets, Net

Intangible assets, net consisted of the following:

 

 

May 31, 2022

 

($ in thousands)

 

Weighted Average
Useful Life

 

Cost

 

 

Accumulated
Amortized

 

 

Net

 

Indefinite-lived:

 

 

 

 

 

 

 

 

 

 

 

Trademark / Trade name

 

Indefinite

 

$

110,000

 

 

$

 

 

$

110,000

 

Definite-lived:

 

 

 

 

 

 

 

 

 

 

 

Client relationships

 

13.7

 

 

504,658

 

 

 

(63,736

)

 

 

440,922

 

Technology

 

7.3

 

 

693,779

 

 

 

(96,848

)

 

 

596,931

 

Content library

 

10.0

 

 

50,000

 

 

 

(6,622

)

 

 

43,378

 

Trade name

 

1.0

 

 

3,979

 

 

 

(2,530

)

 

 

1,449

 

Backlog

 

2.5

 

 

800

 

 

 

(80

)

 

 

720

 

Total definite-lived

 

 

 

 

1,253,216

 

 

 

(169,816

)

 

 

1,083,400

 

Total intangible assets

 

 

 

$

1,363,216

 

 

$

(169,816

)

 

$

1,193,400

 

 

 

 

February 28, 2022

 

($ in thousands)

 

Weighted Average
Useful Life

 

Cost

 

 

Accumulated
Amortized

 

 

Net

 

Indefinite-lived:

 

 

 

 

 

 

 

 

 

 

 

Trademark / Trade name

 

Indefinite

 

$

109,998

 

 

$

 

 

$

109,998

 

Definite-lived:

 

 

 

 

 

 

 

 

 

 

 

Client relationships

 

13.6

 

 

476,584

 

 

 

(45,467

)

 

 

431,117

 

Technology

 

7.3

 

 

666,160

 

 

 

(72,414

)

 

 

593,746

 

Content library

 

10.0

 

 

50,000

 

 

 

(5,372

)

 

 

44,628

 

Trade name

 

1.0

 

 

3,705

 

 

 

(1,804

)

 

 

1,901

 

Total definite-lived

 

 

 

 

1,196,449

 

 

 

(125,057

)

 

 

1,071,392

 

Total intangible assets

 

 

 

$

1,306,447

 

 

$

(125,057

)

 

$

1,181,390