XML 17 R33.htm IDEA: XBRL DOCUMENT v3.19.3
Leases (Tables)
6 Months Ended
Aug. 31, 2019
Leases [Abstract]  
Schedule of lease cost The components of lease expense were as follows:
 
 
Three Months Ended
 
Six Months Ended
In thousands
 
August 31, 2019
 
August 31, 2019
Operating lease cost
 
$
3,490

 
$
6,863

Short-term lease cost
 
496

 
1,179

Variable lease cost
 
667

 
1,380

Total lease cost
 
$
4,653

 
$
9,422


Other supplemental information related to leases was as follows:
 
 
Six Months Ended
In thousands except weighted-average data
 
August 31, 2019
Cash paid for amounts included in the measurement of operating lease liabilities
 
$
6,791

Lease assets obtained in exchange for new operating lease liabilities
 
$
8,970

Weighted-average remaining lease term - operating leases
 
6.0 years

Weighted-average discount rate - operating leases
 
3.70
%

Schedule of operating lease liability
Aggregate annual future rental commitments under operating leases with noncancellable terms of more than one year at March 2, 2019 were reported under previous lease accounting standards as follows:
In thousands
 
2020
 
2021
 
2022
 
2023
 
2024
 
Thereafter
 
Total
Total minimum payments
 
$
14,888

 
11,787

 
9,669

 
8,772

 
6,735

 
16,806

 
$
68,657


Future maturities of lease liabilities are as follows:
In thousands
 
August 31, 2019
Remainder of Fiscal 2020
 
$
8,481

Fiscal 2021
 
11,256

Fiscal 2022
 
9,891

Fiscal 2023
 
8,989

Fiscal 2024
 
7,067

Fiscal 2025
 
5,331

Thereafter
 
10,659

Total lease payments
 
61,674

Less: Amounts representing interest
 
(7,536
)
Present value of lease liabilities
 
$
54,138