Debt (Tables)

12 Months Ended

Feb. 29, 2024

Debt Disclosure [Abstract]

Schedule of Debt

Our long-term debt instruments and balances outstanding as of February 29, 2024 and February 28, 2023 were as follows (in thousands):

 

	As of February 29/28,
	2024		2023
Revolving Credit Facility	$	30,000	$	95,000
Term Loan B	980,250		1,030,250
Total debt, gross	$	1,010,250	$	1,125,250
Unamortized debt issuance costs	(57,508)		(67,130)
Long-term debt, net	$	952,742	$	1,058,120

Schedule of Maturities of Long-term Debt

For each of the five years after February 29, 2024, required principal payments under the terms of the long-term debt are as follows (dollars in thousands):

Fiscal Year:	Future Debt Maturities
2025	$	—
2026	—
2027	30,000
2028	—
2029	980,250
Total	$	1,010,250

Interest Income and Interest Expense Disclosure

“Interest expense” is comprised as follows (in thousands):

	Year Ended February 29/28,
	2024		2023		2022
Interest expense	$	109,746	$	89,354	$	6,363
Less: Capitalized interest	(2,681)		(554)		—
Interest expense, net of capitalized interest	$	107,065	$	88,800	$	6,363