OTHER ASSETS

9 Months Ended

Nov. 30, 2019

Other Assets Noncurrent Disclosure [Abstract]

OTHER ASSETS

NOTE 6 – OTHER ASSETS

Other assets consist of the following (in thousands):

	November 30,		February 28,
	2019		2019
Deferred cost	$	8,396	$	10,094
Deferred compensation plan assets		6,983		6,413
Lease receivables, non-current		2,648		-
Prepaid commissions		1,979		-
Other		5,460		6,003
	$	25,466	$	22,510

We have a non-qualified deferred compensation plan in which certain members of management and all non-employee directors are eligible to participate. Participants may defer a portion of their compensation until retirement or another date specified by them in accordance with the plan. We are funding the plan obligations through cash deposits to a Rabbi Trust that are invested in various equities, bond, money market mutual funds and COLI in generally the same proportion as investment elections made by the participants. The deferred compensation plan liability is included in other non-current liabilities in the accompanying consolidated balance sheets.