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Share-based Compensation (Tables) | 12 Months Ended
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Feb. 28, 2023
Share-based Payment Arrangement, Noncash Expense [Abstract] |
Restricted Stock Unit Awards Non-Vested | A summary of the Company's RSU award activity (including DERs) for fiscal years 2023, 2022, and 2021 is as follows:
| Year Ended February 28,
| 2023 |  | 2022 |  | 2021
| 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 | 214,098 |  |  | $ | 41.24 |  |  | 226,446 |  |  | $ | 35.66 |  |  | 194,946 |  |  | $ | 44.34 |
Granted | 148,595 |  |  | 44.60 |  |  | 77,787 |  |  | 51.23 |  |  | 131,120 |  |  | 28.78 |
Vested | (136,197) |  |  | 41.16 |  |  | (84,060) |  |  | 35.78 |  |  | (70,913) |  |  | 45.67 |
Forfeited | (25,527) |  |  | 43.72 |  |  | (6,075) |  |  | 39.02 |  |  | (28,707) |  |  | 36.59 |
Outstanding at end of year | 200,969 |  |  | $ | 43.50 |  |  | 214,098 |  |  | $ | 41.24 |  |  | 226,446 |  |  | $ | 35.66 |
Vested and expected to vest at end of year | 200,969 |  |  | $ | 43.50 |  |  | 214,098 |  |  | $ | 41.24 |  |  | 224,807 |  |  | $ | 35.56 |
Share-based Payment Arrangement, Performance Shares, Outstanding Activity | A summary of the Company’s PSU award activity (including DERs) for fiscal years 2023, 2022, and 2021 is as follows:
| Year Ended February 28,
| 2023 |  | 2022 |  | 2021
| 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 the beginning of year | 154,455 |  |  | $ | 44.05 |  |  | 143,584 |  |  | $ | 39.96 |  |  | 109,936 |  |  | $ | 47.75 |
Granted | 76,020 |  |  | 38.42 |  |  | 55,114 |  |  | 63.39 |  |  | 69,955 |  |  | 33.22 |
Vested | (63,021) |  |  | 43.22 |  |  | (44,243) |  |  | 54.00 |  |  | — |  |  | — |
Forfeited | (14,908) |  |  | 48.41 |  |  | — |  |  | — |  |  | (36,307) |  |  | 50.57 |
Outstanding at the end of year | 152,546 |  |  | $ | 48.51 |  |  | 154,455 |  |  | $ | 44.05 |  |  | 143,584 |  |  | $ | 39.96 |
Stock Appreciation Rights and Option Awards | A summary of the Company’s SAR activity for fiscal years 2023, 2022 and 2021 is as follows:
| Year Ended February 28,
| 2023 |  | 2022 |  | 2021
| SARs |  | Weighted Average Exercise Price |  | SARs |  | Weighted Average Exercise Price |  | SARs |  | Weighted Average Exercise Price
Outstanding at beginning of year | — |  |  | $ | — |  |  | 5,435 |  |  | $ | 45.25 |  |  | 94,826 |  |  | $ | 44.58 |
Granted | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Exercised | — |  |  | — |  |  | (5,435) |  |  | 45.25 |  |  | (45,902) |  |  | 44.00 |
Forfeited | — |  |  | — |  |  | — |  |  | — |  |  | (43,489) |  |  | 45.10 |
Outstanding at end of year | — |  |  | $ | — |  |  | — |  |  | $ | — |  |  | 5,435 |  |  | $ | 45.25 |
Exercisable at the end of year | — |  |  | $ | — |  |  | — |  |  | $ | — |  |  | 5,435 |  |  | $ | 45.25 |
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 2023, 2022 and 2021 (in thousands):
| 2023 |  | 2022 |  | 2021
Compensation expense | $ | 8,382 |  |  | $ | 9,449 |  |  | $ | 7,330 |
Income tax benefits | $ | 1,539 |  |  | $ | 1,984 |  |  | $ | 1,539 |

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- Definition Tabular disclosure of cost recognized for award under share-based payment arrangement by plan. Includes, but is not limited to, related tax benefit. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the changes in outstanding nonvested restricted stock units. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for stock options and stock appreciation rights that were outstanding at the beginning and end of the year, exercisable at the end of the year, and the number of stock options and stock appreciation rights that were granted, exercised or converted, forfeited, and expired during the year. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the number and weighted-average grant date fair value for outstanding performance shares. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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