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Fair Value (Tables) | 12 Months Ended
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Feb. 28, 2026
Fair Value Disclosures [Abstract] |
Schedule of the carrying amount and fair value of financial assets and liabilities measured and recorded at fair value | The following table presents the fair value of our financial assets and liabilities:
| Fair Value
(in thousands) | February 28, 2026 |  | February 28, 2025
Assets: |  |  |
Cash equivalents (money market accounts) | $ | 4,189 |  |  | $ | 3,852 |
U.S. Treasury Bills | 11,175 |  |  | 11,268 |
Interest rate swaps | 381 |  |  | 1,065 |
Foreign currency derivatives | 375 |  |  | 2,163 |
Total assets | $ | 16,120 |  |  | $ | 18,348 |
Liabilities: |  |  |
Interest rate swaps | $ | 196 |  |  | $ | 221 |
Contingent consideration | 5,400 |  |  | 4,100 |
Foreign currency derivatives | 2,954 |  |  | 119 |
Total liabilities | $ | 8,550 |  |  | $ | 4,440 |
Schedule of Changes in level 3 contingent consideration liability | The following table presents the changes in our Level 3 contingent consideration liability:
| Fiscal Years Ended Last Day of February, |  |
(in thousands) | 2026 |  | 2025 |  |  |
Balance at beginning of period | $ | 4,100 |  |  | $ | — |  |  |  |  |
Acquisition (1) | — |  |  | 4,100 |  |  |  |  |
Changes in fair value (2) | 1,300 |  |  | — |  |  |  |  |
Balance at end of period (3) | $ | 5,400 |  |  | $ | 4,100 |  |  |  |  |
(1)As of the acquisition date, we recorded a liability for the estimated fair value of the contingent consideration of $4.1 million. (2)Reflects an increase in the estimated fair value of our contingent consideration liability, which was recognized in SG&A during fiscal 2026, all of which related to our contingent consideration liability outstanding as of February 28, 2026. (3)As of February 28, 2026 and February 28, 2025, the estimated fair value of the contingent consideration liability was $5.4 million and $4.1 million, respectively, of which $5.3 million and $1.8 million was included within accrued expenses and other current liabilities, respectively, and $0.1 million and $2.3 million was included within other liabilities, non-current, respectively, in our consolidated balance sheet.
Schedule of Fair Value Measurements Nonrecurring | The following tables present the remaining carrying value of the assets that were remeasured to fair value on a non-recurring basis:
|  |  | Fair Value Measurements |  | Fiscal 2026 Asset Impairment Charges
(in thousands) | February 28, 2026 |  | Level 1 |  | Level 2 |  | Level 3 |
Goodwill | $ | 472,281 |  |  | $ | — |  |  | $ | — |  |  | $ | 472,281 |  |  | $ | 706,505 |
Indefinite-lived intangible assets | 264,600 |  |  | — |  |  | — |  |  | 264,600 |  |  | 97,000 |
Definite-lived intangible assets | 108,250 |  |  | — |  |  | — |  |  | 108,250 |  |  | 82,356 |
Total | $ | 845,131 |  |  | $ | — |  |  | $ | — |  |  | $ | 845,131 |  |  | $ | 885,861 |
|  |  | Fair Value Measurements |  | Fiscal 2025 Asset Impairment Charges
(in thousands) | February 28, 2025 |  | Level 1 |  | Level 2 |  | Level 3 |
Goodwill | $ | 1,182,899 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,182,899 |  |  | $ | 38,670 |
Definite-lived trade names | 75,335 |  |  | — |  |  | — |  |  | 75,335 |  |  | 12,785 |
Total | $ | 1,258,234 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,258,234 |  |  | $ | 51,455 |

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- Definition Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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- Definition Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-3 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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