Share-based Compensation (Tables)

12 Months Ended

Feb. 28, 2026

Share-Based Payment Arrangement, Noncash Expense [Abstract]

A summary of RSU award activity (including DERs) for fiscal years 2026, 2025, and 2024 is as follows:


	Year Ended
	February 28, 2026			February 28, 2025			February 29, 2024
	Restricted Stock Units	Weighted Average Grant Date Fair Value		Restricted Stock Units	Weighted Average Grant Date Fair Value		Restricted Stock Units	Weighted Average Grant Date Fair Value
Outstanding at beginning of year	185,425	$	58.12	230,586	$	41.53	200,969	$	43.50
Granted	74,435	84.90		104,030	76.14		132,644	38.41
Vested	(96,513)	55.78		(141,800)	45.03		(102,077)	41.27
Forfeited	(6,345)	76.70		(7,391)	45.37		(950)	45.69
Outstanding at end of year	157,002	$	71.46	185,425	$	58.12	230,586	$	41.53
Vested and expected to vest at end of year	157,002	$	71.46	185,425	$	58.12	230,586	$	41.53

Share-based Payment Arrangement, Performance Shares, Outstanding Activity

A summary of PSU award activity (including DERs) for fiscal years 2026, 2025, and 2024 is as follows:


	Year Ended
	February 28, 2026			February 28, 2025			February 29, 2024
	Performance Stock Units	Weighted Average Grant Date Fair Value		Performance Stock Units	Weighted Average Grant Date Fair Value		Performance Stock Units	Weighted Average Grant Date Fair Value
Outstanding at beginning of year	161,114	$	56.79	167,978	$	51.64	152,546	$	48.51
Granted	55,707	80.85		60,007	82.25		80,285	42.93
Vested	(61,917)	53.99		(54,500)	66.12		(42,868)	33.22
Forfeited	(5,625)	79.07		(12,371)	51.19		(21,985)	33.22
Outstanding at end of year	149,279	$	65.97	161,114	$	56.79	167,978	$	51.64
Vested and expected to vest at end of year	149,279	$	65.97	161,114	$	56.79	167,978	$	51.64

Share-Based Payment Arrangement, Outstanding Award, Activity, Excluding Option

The following table summarizes the assumptions used to calculate the fair value of the PSU awards:


	Year Ended
	February 28, 2026		February 28, 2025		February 29, 2024
Performance based awards
Expected term (in years)	3		3		3
Expected volatility	34.4	%	29.6	%	32.2	%
Risk-free interest rate	3.80	%	4.87	%	3.80	%

Share-based compensation expense and related income tax

The following table shows share-based compensation expense and the related income tax benefit included in the consolidated statements of income for fiscal years 2026, 2025 and 2024 (in thousands):


	Year Ended
	February 28, 2026		February 28, 2025		February 29, 2024
Compensation expense	$	14,832	$	13,261	$	9,510
Income tax benefits	3,115		2,785		1,969