Equity

9 Months Ended

Nov. 30, 2021

On November 10, 2020, the Company's Board of Directors authorized a $100 million share repurchase program pursuant to which the Company may repurchase its Common Stock (the “2020 Share Authorization”). Repurchases under the 2020 Share Authorization will be made through open market and/or private transactions, in accordance with applicable federal securities laws, and could include repurchases pursuant to Rule 10b5-1 trading plans, which allows stock repurchases when the Company might otherwise be precluded from doing so.

The following table outlines the Company's share repurchases under the 2011 Authorization and the 2020 Authorization for the three and nine months ended November 30, 2021 (dollars in thousands, except per share data):


	Three Months Ended November 30, 2021		Nine Months Ended November 30, 2021
Number of shares repurchased	148,021		564,300
Total amount of shares repurchased	$	7,636	$	28,869
Average price per share	$	51.59	$	51.16