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Stock Compensation (Tables)
12 Months Ended
Feb. 29, 2020
Share-based Payment Arrangement, Noncash Expense [Abstract]  
Restricted Stock Unit Awards Non-Vested restricted stock unit award activity (including DERs) for the year ended February 29, 2020 is as follows:
 
 
 
Restricted
Stock Units
 
Weighted
Average Grant
Date Fair Value
Outstanding at beginning of year
 
146,532

 
$
48.93

Granted
 
140,070

 
43.86

Vested
 
(84,595
)
 
54.63

Forfeited
 
(7,061
)
 
45.30

Outstanding at end of year
 
194,946

 
$
44.34


Share-based Payment Arrangement, Performance Shares, Outstanding Activity [Table Text Block] for the year ended February 29, 2020 is as follows:
 
 
Performance
Stock Units
 
Weighted
Average Grant
Date Fair Value
Outstanding at beginning of year
 
83,125

 
$
50.62

Granted
 
49,000

 
46.19

Vested
 

 

Forfeited
 
(22,189
)
 
55.08

Outstanding at end of year
 
109,936

 
$
47.75


Stock Appreciation Rights and Option Awards
A summary of the Company’s stock appreciation rights activity is as follows for fiscal year 2020, 2019 and 2018:
 
 
 
2020
 
2019
 
2018
 
 
SARs
 
Weighted
Average
Exercise
Price
 
SARs
 
Weighted
Average
Exercise
Price
 
SARs
 
Weighted
Average
Exercise
Price
Outstanding at beginning of year
 
98,184

 
$
44.46

 
148,513

 
$
43.29

 
170,139

 
$
42.02

Exercised
 
(2,965
)
 
44.58

 
(47,484
)
 
40.84

 
(19,481
)
 
31.94

Forfeited
 
(393
)
 
43.92

 
(2,845
)
 
43.92

 
(2,145
)
 
45.36

Outstanding at end of year
 
94,826

 
$
44.58

 
98,184

 
$
44.46

 
148,513

 
$
43.29

Exercisable at end of year
 
94,826

 
$
44.58

 
98,184

 
$
44.46

 
148,513

 
$
43.29


Share-based Compensation Activity
The following table summarizes additional information about stock appreciation rights outstanding at February 29, 2020.

Range of
Exercise Prices
 
SARs Outstanding and Exercisable
 
Average
Remaining
Life
 
Weighted
Average
Exercise
Price
$39.65 - $44.15
 
48,061

 
1.00
 
$
43.85

$44.72 - 46.34
 
46,765

 
0.73
 
$
45.33

$39.65 - $46.34
 
94,826

 
0.88
 
$
44.58


Share-based compensation expense and related income tax for fiscal year 2020, 2019 and 2018 (in thousands):
 
 
 
2020
 
2019
 
2018
Compensation expense
 
$
6,290

 
$
4,659

 
$
6,121

Income tax benefits
 
$
1,321

 
$
978

 
$
2,122