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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Feb. 28, 2021
Feb. 29, 2020
Feb. 28, 2019
Cash provided by operating activities:      
Net income $ 253,946 $ 152,333 $ 168,545
Less: Loss from discontinued operations 0 0 (5,679)
Income from continuing operations 253,946 152,333 174,224
Adjustments to reconcile income from continuing operations to net cash provided by operating activities:      
Depreciation and amortization 37,718 37,409 29,927
Amortization of financing costs 1,021 1,620 1,015
Non-cash operating lease expense 6,895 6,269  
Provision for credit losses 2,093 529 1,097
Non-cash share-based compensation 26,418 22,929 22,053
Non-cash asset impairment charges 8,452 41,000 0
Loss (gain) on the sale or disposal of property and equipment 193 188 (540)
Deferred income taxes and tax credits (4,400) (5,696) 7,636
Changes in operating capital, net of effects of acquisition of business:      
Receivables (38,149) (60,562) (5,812)
Inventory (220,817) 45,482 (50,828)
Prepaid expenses and other current assets (2,033) 863 239
Other assets and liabilities, net (6,613) 19,488 7,549
Accounts payable 175,784 7,166 14,219
Accrued expenses and other current liabilities 73,010 5,296 (1,526)
Accrued income taxes 588 (3,021) 1,315
Net cash provided by operating activities - continuing operations 314,106 271,293 200,568
Net cash used in operating activities - discontinued operations 0 0 (5,265)
Net cash provided by operating activities 314,106 271,293 195,303
Cash used by investing activities:      
Capital and intangible asset expenditures (98,668) (17,759) (26,385)
Proceeds from the sale of property and equipment 0 3 1,138
Payments to acquire businesses, net of cash acquired 0 (255,861) 0
Net cash used by investing activities (98,668) (273,617) (25,247)
Cash (used) provided by financing activities:      
Proceeds from line of credit 937,400 771,300 667,250
Repayment of line of credit (928,400) (752,500) (635,450)
Repayment of long-term debt (1,900) (1,900) (1,900)
Payment of financing costs (3,796) 0 0
Proceeds from share issuances under share-based compensation plans 5,205 8,189 8,670
Payments for repurchases of common stock (203,294) (10,169) (217,493)
Net cash (used) provided by financing activities (194,785) 14,920 (178,923)
Net cash (used) provided by financing activities 20,653 12,596 (8,867)
Cash and cash equivalents, beginning balance 24,467 11,871 20,738
Cash and cash equivalents, ending balance 45,120 24,467 11,871
Supplemental cash flow information:      
Interest paid 11,640 12,777 11,292
Income taxes paid, net of refunds $ 19,692 $ 23,279 $ 4,277