Leases (Tables)

12 Months Ended

Feb. 28, 2023

Leases [Abstract]

Components of Lease Expense

Components of lease expense for the three fiscal years ended (in thousands):

	2023		2022		2021
Operating lease cost	$	5,974	$	6,217	$	6,461
Supplemental cash flow information related to leases was as follows:
Cash paid for amounts included in the measurement of operating lease liabilities	$	5,987	$	6,196	$	6,432
Right-of-use assets obtained in exchange for operating lease obligations	$	3,065	$	3,441	$	5,367

Weighted Average Remaining Lease Terms
Operating leases	3 Years			3 Years			4 Years
Weighted Average Discount Rate
Operating leases		3.86	%		3.63	%		3.74	%

Summary of Future Minimum Lease Commitments Under Non-cancelable Operating Leases

Future minimum lease commitments under non-cancelable operating leases for each of the fiscal years ending are as follows (in thousands):

	Operating
	Lease
	Commitments
2024	$	4,938
2025		4,611
2026		2,893
2027		1,168
2028		153
Thereafter		-
Total future minimum lease payments	$	13,763
Less imputed interest		754
Present values of lease liabilities	$	13,009