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Capital Structure
9 Months Ended
Nov. 30, 2019
Equity [Abstract]  
Capital Structure

(20)

Capital Structure

The Company's capital structure is as follows:

 

 

 

 

 

 

 

Shares Authorized

 

 

Shares Outstanding

 

 

 

 

 

 

 

 

 

Security

 

Par

Value

 

 

November 30, 2019

 

 

February 28, 2019

 

 

November 30, 2019

 

 

February 28, 2019

 

 

Voting

Rights per

Share

 

 

Liquidation

Rights

 

Preferred Stock

 

$

50.00

 

 

 

50,000

 

 

 

50,000

 

 

 

 

 

 

 

 

 

 

 

$50 per share

 

Series Preferred Stock

 

$

0.01

 

 

 

1,500,000

 

 

 

1,500,000

 

 

 

 

 

 

 

 

 

 

 

 

 

Class A Common Stock

 

$

0.01

 

 

 

60,000,000

 

 

 

60,000,000

 

 

 

21,711,335

 

 

 

21,938,100

 

 

 

1

 

 

Ratably with

Class B

 

Class B Common Stock

 

$

0.01

 

 

 

10,000,000

 

 

 

10,000,000

 

 

 

2,260,954

 

 

 

2,260,954

 

 

 

10

 

 

Ratably with

Class A

 

Treasury Stock at cost

 

at cost

 

 

 

2,594,859

 

 

 

2,168,094

 

 

N/A

 

 

N/A

 

 

N/A

 

 

 

 

 

 

In April 2019, the Company was authorized by the Board of Directors to increase the number of Class A Common Stock available for repurchase in the open market to 3,000,000. During the three and nine months ended November 30, 2019, the Company repurchased 218,453 and 426,765 shares, respectively, for an aggregate cost of $1,057 and $2,040, respectively. At November 30, 2019, the Company's remaining authorized share repurchase for its Class A Common Stock was 2,573,235 shares.