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v3.24.3

Leases (Tables) | 6 Months Ended
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Aug. 31, 2024
Leases [Abstract] |
Lease, Cost [Table Text Block] |
| Three Months Ended August 31 |  | Six Months Ended August 31
(In thousands) | 2024 |  | 2023 |  | 2024 |  | 2023
Operating lease cost (1) | $ | 22,873 |  |  | $ | 22,239 |  |  | $ | 46,101 |  |  | $ | 44,186 |
Finance lease cost: |  |  |  |  |  |  |
Depreciation of lease assets | 2,976 |  |  | 4,907 |  |  | 6,798 |  |  | 9,442 |
Interest on lease liabilities | 6,920 |  |  | 6,407 |  |  | 13,591 |  |  | 12,502 |
Total finance lease cost | 9,896 |  |  | 11,314 |  |  | 20,389 |  |  | 21,944 |
Total lease cost | $ | 32,769 |  |  | $ | 33,553 |  |  | $ | 66,490 |  |  | $ | 66,130 |
(1) Includes short-term leases and variable lease costs, which are immaterial.
Supplemental Balance Sheet Disclosures [Text Block] |
|  | As of August 31 |  | As of February 29
(In thousands) | Classification | 2024 |  | 2024
Assets: |  |  |  |
Operating lease assets | Operating lease assets | $ | 495,783 |  |  | $ | 520,717 |
Finance lease assets | Property and equipment, net (1) | 191,774 |  |  | 174,998 |
Total lease assets |  | $ | 687,557 |  |  | $ | 695,715 |
Liabilities: |  |  |  |
Current: |  |  |  |
Operating leases | Current portion of operating lease liabilities | $ | 57,959 |  |  | $ | 57,161 |
Finance leases | Accrued expenses and other current liabilities | 23,608 |  |  | 20,877 |
Long-term: |  |  |  |
Operating leases | Operating lease liabilities, excluding current portion | 473,158 |  |  | 496,210 |
Finance leases | Other liabilities | 211,590 |  |  | 198,759 |
Total lease liabilities |  | $ | 766,315 |  |  | $ | 773,007 |
(1) Finance lease assets are recorded net of accumulated depreciation of $62.3 million as of August 31, 2024 and $55.5 million as of February 29, 2024.
Other Lease Disclosures [Table Text Block] |
| As of August 31 |  | As of February 29
Lease Term and Discount Rate | 2024 |  | 2024
Weighted Average Remaining Lease Term (in years) |  |  |
Operating leases | 16.01 |  | 16.07
Finance leases | 13.17 |  | 11.43
Weighted Average Discount Rate |  |  |
Operating leases | 5.10 | % |  | 5.05 | %
Finance leases | 15.79 | % |  | 17.16 | %
| Six Months Ended August 31
(In thousands) | 2024 |  | 2023
Cash paid for amounts included in the measurement of lease liabilities: |  |  |
Operating cash flows from operating leases | $ | 47,610 |  |  | $ | 44,182 |
Operating cash flows from finance leases | $ | 12,642 |  |  | $ | 12,076 |
Financing cash flows from finance leases | $ | 9,056 |  |  | $ | 7,810 |
Lease assets obtained in exchange for lease obligations: |  |
Operating leases | $ | 4,189 |  |  | $ | 22,277 |
Finance leases | $ | 24,497 |  |  | $ | 43,684 |
Schedule Of Future Minimum Lease Obligations [Table Text Block] |
| As of August 31, 2024
(In thousands) | Operating Leases (1) |  | Finance Leases (1)
Fiscal 2025, remaining | $ | 42,579 |  |  | $ | 21,194 |
Fiscal 2026 | 78,928 |  |  | 48,763 |
Fiscal 2027 | 72,607 |  |  | 45,167 |
Fiscal 2028 | 68,493 |  |  | 38,332 |
Fiscal 2029 | 46,682 |  |  | 31,118 |
Thereafter | 518,131 |  |  | 288,506 |
Total lease payments | 827,420 |  |  | 473,080 |
Less: interest | (296,303) |  |  | (237,882) |
Present value of lease liabilities | $ | 531,117 |  |  | $ | 235,198 |
(1) Lease payments exclude $4.7 million of legally binding minimum lease payments for leases signed but not yet commenced.

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-4 + Details
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