Accumulated Other Comprehensive (Loss) Income

9 Months Ended

Nov. 30, 2024

Other Comprehensive Income [Abstract]

Accumulated Other Comprehensive (Loss) Income

(7) Accumulated Other Comprehensive (Loss) Income

The Company’s accumulated other comprehensive (loss) income consists of the following:

	Foreign Currency Translation Losses			Pension plan adjustments, net of tax			Derivatives designated in a hedging relationship, net of tax			Total
Balance at February 29, 2024	$	(17,192	)	$	(398	)	$	224		$	(17,366	)
Other comprehensive (loss) income before reclassifications		(779	)		11			411			(357	)
Reclassified from accumulated other comprehensive loss (gain)		-			-			(37	)		(37	)
Net current-period other comprehensive (loss) income		(779	)		11			374			(394	)
Balance at November 30, 2024	$	(17,971	)	$	(387	)	$	598		$	(17,760	)

For the three and nine months ended November 30, 2024, the Company recorded other comprehensive (loss) income, net of associated tax impact of $266 and $249, respectively, related to derivatives designated in a hedging relationship. There were no taxes recorded related to pension plan adjustments during the three and nine months ended November 30, 2024.

The other comprehensive (loss) income before reclassification related to foreign currency translation losses of $(779) includes the remeasurement of intercompany transactions of a long-term investment nature of $(103) with certain subsidiaries whose functional currency is not the U.S. dollar, and $(676) from translating the financial statements of the Company's non-U.S. dollar functional currency subsidiaries into our reporting currency, which is the U.S. dollar.