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Fair Value (Tables)
9 Months Ended
Nov. 30, 2020
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 (1)
(in thousands)November 30, 2020February 29, 2020
Assets: 
Money market accounts$118,559 $2,648 
Interest rate swaps — 
Foreign currency contracts7 2,083 
Total assets$118,566 $4,731 
  
Liabilities: 
Floating rate debt$440,381 $339,305 
Interest rate swaps11,627 10,717 
Foreign currency contracts5,328 159 
Total liabilities$457,336 $350,181 

(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.