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Investment Securities
3 Months Ended
May 31, 2021
Investment Securities [Abstract]  
Investment Securities

(4)

Investment Securities

As of May 31, 2021, and February 28, 2021, the Company had the following investments:

 

 

 

May 31, 2021

 

 

 

Fair Value

 

Investment Securities

 

 

 

 

Marketable Equity Securities

 

 

 

 

Mutual funds

 

$

1,685

 

Total Marketable Equity Securities

 

 

1,685

 

Total Investment Securities

 

$

1,685

 

 

 

 

February 28, 2021

 

 

 

Fair Value

 

Investment Securities

 

 

 

 

Marketable Equity Securities

 

 

 

 

Mutual funds

 

$

1,777

 

Total Marketable Securities

 

 

1,777

 

Total Investment Securities

 

$

1,777

 

 

Equity Securities

Mutual Funds

The Company’s mutual funds are held in connection with its deferred compensation plan. Changes in the carrying value of these securities are offset by changes in the corresponding deferred compensation liability.