Goodwill and Intangible Assets (Tables)

12 Months Ended

Feb. 28, 2021

Goodwill And Intangible Assets Disclosure [Abstract]

Carrying Amount and Accumulated Amortization of Intangible Assets

The carrying amount and accumulated amortization of the Company’s intangible assets at each balance sheet date are as follows (in thousands):

	Weighted
	Average
	Remaining		Gross
	Life		Carrying		Accumulated
As of February 28, 2021	(in years)		Amount		Amortization		Net
Amortized intangible assets
Trademarks and trade names		11.9	$	27,561	$	8,194	$	19,367
Customer lists		6.8		75,862		42,727		33,135
Non-compete		3.1		877		667		210
Patent		—		783		783		—
Total		8.7	$	105,083	$	52,371	$	52,712
As of February 29, 2020
Amortized intangible assets
Trademarks and trade names		12.6	$	26,161	$	5,811	$	20,350
Customer lists		7.4		73,102		37,161		35,941
Non-compete		1.8		767		501		266
Patent		—		783		783		—
Total		9.2	$	100,813	$	44,256	$	56,557

Estimated Amortization Expense

The Company’s estimated amortization expense for the next five fiscal years is as follows (in thousands):

2022	$	7,979
2023		6,933
2024		6,895
2025		6,720
2026		6,106

Changes in Net Carrying Amount of Goodwill

Changes in the net carrying amount of goodwill for fiscal years 2019 and 2020 are as follows (in thousands):

Balance as of March 1, 2019	$	81,634
Goodwill acquired		893
Balance as of February 29, 2020		82,527
Goodwill acquired		6,120
Balance as of February 28, 2021	$	88,647