Leases (Tables)

9 Months Ended

Nov. 30, 2022

Leases [Abstract]

Lease, Cost

The following table outlines, for the Company's continuing operations, the classification of the Company's right-of-use assets and lease liabilities in the consolidated balance sheets as of November 30, 2022 and fiscal year end 2022 (in thousands):

Balance Sheet	Classification	November 30, 2022		February 28, 2022
Assets
Right-of-use assets	Right-of-use assets	$	24,248	$	13,954
Liabilities
Operating lease liabilities ― ST	Lease liability - short-term	5,199		3,131
Operating lease liabilities ― LT	Lease liability - long-term	18,971		10,798
Finance lease liabilities ― ST	Lease liability - short-term	200		158
Finance lease liabilities ― LT	Lease liability - long-term	702		605

Supplemental non-cash information related to the Company's portfolio of operating leases was as follows (in thousands):

	Three Months Ended November 30,				Nine Months Ended November 30,
	2022		2021		2022		2021
Operating cash flows from operating leases included in lease liabilities	$	2,862	$	2,338	$	8,069	$	6,780
Lease liabilities obtained from new ROU assets - operating	2,396		376		4,938		13,646
Operating and financing cash flows from financing leases included in lease liabilities	70		37		182		74
Lease liabilities obtained from new ROU assets - financing	—		348		398		362

	November 30, 2022		February 28, 2022
Weighted-average remaining lease term - operating leases (years)	7.03		7.90
Weighted-average discount rate - operating leases	4.72	%	4.56	%
Weighted-average remaining lease term - financing leases (years)	4.45		4.73
Weighted-average discount rate - financing leases	4.12	%	2.95	%

The following table outlines the classification of lease expense related to operating leases from continuing operations, in the statements of operations (in thousands):

	Three Months Ended November 30,				Nine Months Ended November 30,
	2022		2021		2022		2021
Cost of sales	$	3,306	$	1,858	$	8,590	$	5,073
Selling, general and administrative	494		339		1,435		939
Total lease expense	$	3,800	$	2,197	$	10,025	$	6,012

Lessee, Operating Lease, Liability, Maturity

As of November 30, 2022, maturities of the Company's lease liabilities, excluding lease liabilities associated with our discontinued operations, were as follows (in thousands):

Fiscal year:	Operating Leases		Finance Leases		Total
2023	$	1,595	$	58	$	1,653
2024	5,978		232		6,210
2025	5,410		232		5,642
2026	4,634		188		4,822
2027	3,784		163		3,947
Thereafter	5,624		118		5,742
Total lease payments	27,025		991		28,016
Less imputed interest	(2,855)		(89)		(2,944)
Total	$	24,170	$	902	$	25,072