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Consolidated Condensed Statements of Cash Flows (Unaudited)
$ in Thousands
 9 Months Ended
Nov. 30, 2020
USD ($)
Nov. 30, 2019
USD ($)
Cash provided by operating activities:    
Net income $ 231,774 $ 155,488
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 27,995 24,876
Amortization of financing costs 772 763
Non-cash operating lease expense 4,910 1,371
Provision for doubtful receivables 3,445 484
Non-cash share-based compensation 20,654 18,743
Loss (gain) on the sale or disposal of property and equipment 75 (14)
Deferred income taxes and tax credits (4,132) (511)
Changes in operating capital:    
Receivables (155,492) (85,747)
Inventories (121,629) (31,317)
Prepaid expenses and other current assets (2,915) (1,269)
Other assets and liabilities, net (6,617) 21,091
Accounts payable 148,501 (2,037)
Accrued expenses and other current liabilities 95,612 477
Accrued income taxes 6,793 (980)
Net cash provided by operating activities 249,746 101,418
Cash used in investing activities:    
Capital and intangible asset expenditures (19,423) (13,247)
Proceeds from the sale of property and equipment 0 3
Net cash used in investing activities (19,423) (13,244)
Cash used in financing activities:    
Proceeds from line of credit 917,400 406,600
Repayment of line of credit (811,400) (482,000)
Repayment of long-term debt (1,900) (1,900)
Payment of financing costs (3,796) 0
Proceeds from share issuances under share-based compensation plans 4,528 7,025
Payments for repurchases of common stock (202,961) (10,133)
Net cash used in financing activities (98,129) (80,408)
Net increase in cash and cash equivalents 132,194 7,766
Cash and cash equivalents, beginning balance 24,467 11,871
Cash and cash equivalents, ending balance 156,661 $ 19,637
Supplemental non-cash items not included above resulting from the adoption of ASC 842    
Initial recognition of lease liabilities $ 44,049