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STOCK-BASED COMPENSATION (Tables)
3 Months Ended
May 31, 2018
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Schedule of Stock-based Compensation Expense

Stock-based compensation expense is included in the following captions of the condensed consolidated statements of comprehensive income (loss) (in thousands):

 

 

 

Three Months Ended

 

 

 

May 31,

 

 

 

2018

 

 

2017

 

Cost of revenues

 

$

177

 

 

$

138

 

Research and development

 

 

365

 

 

 

234

 

Selling and marketing

 

 

571

 

 

 

386

 

General and administrative

 

 

1,354

 

 

 

1,059

 

 

 

$

2,467

 

 

$

1,817

 

 

Summary of Stock Option Activity

Changes in our outstanding stock options during the three months ended May 31, 2018 were as follows (options in thousands):

 

 

 

Number of

Options

 

 

Weighted

Average

Exercise Price

 

 

Weighted average remaining contractual life (years)

 

 

Aggregate intrinsic value

 

Outstanding at February 28, 2018

 

 

980

 

 

$

11.29

 

 

 

5.9

 

 

 

 

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercised

 

 

(38

)

 

 

1.80

 

 

 

 

 

 

 

 

 

Forfeited or expired

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at May 31, 2018

 

 

942

 

 

$

11.67

 

 

 

5.9

 

 

$

11,056

 

Exercisable at May 31, 2018

 

 

552

 

 

$

7.93

 

 

 

4.1

 

 

$

8,539

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Summary of Restricted Stock Shares (RSU's), and Performance Stock Units (PSU's) Activity

Changes in our outstanding restricted stock shares, performance stock units (“PSUs”) and restricted stock units (“RSUs”) during the three months ended May 31, 2018 were as follows (restricted shares, PSUs and RSUs in thousands):

 

 

 

Number of Restricted

Shares, PSUs

and RSUs

 

 

Weighted

Average Grant

Date Fair Value

 

 

Shares Retained to Cover Statutory Minimum Withholding Taxes

 

Outstanding at February 28, 2018

 

 

1,434

 

 

$

17.72

 

 

 

 

 

Granted

 

 

18

 

 

 

22.45

 

 

 

 

 

Vested

 

 

(32

)

 

 

16.91

 

 

 

10

 

Forfeited

 

 

(57

)

 

 

17.53

 

 

 

 

 

Outstanding at May 31, 2018

 

 

1,363

 

 

$

17.80