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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Feb. 28, 2022
Feb. 28, 2021
Feb. 29, 2020
CONSOLIDATED STATEMENTS OF OPERATIONS      
Net revenues $ 4,390,907 $ 4,495,755 $ 3,273,308
Cost of revenues (2,203,336) (2,048,561) (1,468,569)
Gross profit 2,187,571 2,447,194 1,804,739
Operating expenses      
Selling and marketing (1,118,141) (1,680,050) (852,808)
General and administrative (1,199,708) (1,117,324) (794,957)
Impairment loss on intangible assets and goodwill (505,050) (107,535) (28,998)
Total operating expenses (2,822,899) (2,904,909) (1,676,763)
Government subsidies 20,812 19,491 9,467
Income / (loss) from operations (614,516) (438,224) 137,443
Interest income 103,179 114,232 72,991
Interest expense (7,871) (16,946) (11,820)
Other (expense) / income 16,950 140,878 (95,297)
Impairment loss on long-term investments (275,872) (24,563) (153,970)
Loss before provision for income tax and (loss) / income from equity method investments (778,130) (224,623) (50,653)
Income tax (expense) / benefit (396,992) 69,897 (69,328)
(Loss) / income from equity method investments 10,787 11,676 (7,670)
Net loss (1,164,335) (143,050) (127,651)
Add: Net loss attributable to noncontrolling interests shareholders 28,220 27,060 17,456
Net loss attributable to TAL Education Group's shareholders $ (1,136,115) $ (115,990) $ (110,195)
Net loss per common share      
Basic $ (5.29) $ (0.57) $ (0.56)
Diluted $ (5.29) $ (0.57) $ (0.56)
Weighted average shares used in calculating net loss per common share      
Basic 214,825,470 203,603,391 198,184,370
Diluted 214,825,470 203,603,391 198,184,370