Lease Obligations (Tables)

3 Months Ended

May 31, 2022

Leases [Abstract]

Schedule of Components of Lease Cost

The components of lease cost for the three months ended May 31, 2022 and 2021 were as follows:

	Three months ended May 31,
	2022		2021
Operating lease cost (a) (c)	$	395	$	341
Finance lease cost:
Amortization of right of use assets (a)		73		121
Interest on lease liabilities (b)		1		4
Total finance lease cost	$	74	$	125

(a)Recorded within Selling, General and administrative, Engineering and technical support, and Cost of sales on the Unaudited Consolidated Statement of Operations and Comprehensive Income.

(b)Recorded within Interest and bank charges on the Unaudited Consolidated Statements of Operations and Comprehensive (Loss) Income.

(c)Includes immaterial amounts related to variable rent expense.

Schedule of Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to leases is as follows:

	May 31, 2022			February 28, 2022
Operating Leases
Operating lease, right of use assets	$	4,255		$	4,464
Total operating lease right of use assets	$	4,255		$	4,464
Accrued expenses and other current liabilities	$	1,248		$	1,255
Operating lease liabilities, less current portion		3,067			3,298
Total operating lease liabilities	$	4,315		$	4,553
Finance Leases
Property, plant, and equipment, gross	$	2,503		$	2,503
Accumulated depreciation		(2,281	)		(2,208	)
Total finance lease right of use assets	$	222		$	295
Accrued expenses and other current liabilities	$	190		$	224
Finance lease liabilities, less current portion		39			78
Total finance lease liabilities	$	229		$	302
Weighted Average Remaining Lease Term
Operating leases	5.3 years			5.5 years
Finance leases	1.1 years			1.3 years
Weighted Average Discount Rate
Operating leases		3.89	%		4.01	%
Finance leases		3.87	%		3.87	%

Schedule of Maturities of Leases Liabilities

Maturities of lease liabilities on May 31 of each of the succeeding years are as follows:

	Operating Leases		Finance Leases
2022	$	1,057		193
2023		1,174		39
2024		654		—
2025		465		—
2026		329		—
Thereafter		1,048		—
Total lease payments		4,727		232
Less imputed interest		412		3
Total	$	4,315		229