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Fair Value (Tables)
6 Months Ended
Aug. 31, 2018
Fair Value Disclosures [Abstract]  
Schedule of fair value hierarchy of financial assets and liabilities presented at fair value and measured on a recurring basis
The following tables present the fair value of our financial assets and liabilities measured on a recurring basis as of the end of the periods shown:
 
Fair Values at
 
August 31, 2018
(in thousands)
(Level 2) (1)
Assets:
 

Money market accounts
$
2,578

Interest rate swap
2,557

Foreign currency contracts
3,376

Total assets
$
8,511

 
 

Liabilities:
 

Floating rate debt
$
301,076

Foreign currency contracts
227

Total liabilities
$
301,303

 
Fair Values at
 
February 28, 2018
(in thousands)
(Level 2) (1)
Assets:
 

Money market accounts
$
1,107

Interest rate swap
2,481

Foreign currency contracts
642

Total assets
$
4,230

 
 

Liabilities:
 

Floating rate debt
$
289,869

Foreign currency contracts
2,606

Total liabilities
$
292,475


(1)
Our financial assets and liabilities are classified as Level 2 because their valuation is dependent on observable inputs and other quoted prices for similar assets or liabilities, or model-derived valuations whose significant value drivers are observable.