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Share-Based Compensation Plans (Tables) | 12 Months Ended
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Feb. 28, 2026
Share-Based Payment Arrangement [Abstract] |
Schedule of Share-based Compensation Expense in SG&A | We recorded share-based compensation expense in SG&A as follows:
| Fiscal Years Ended Last Day of February,
(in thousands) | 2026 (1) |  | 2025 |  | 2024
Directors’ stock compensation | $ | 784 |  |  | $ | 785 |  |  | $ | 787 |
Service Condition Awards | 16,983 |  |  | 11,407 |  |  | 12,345 |
Performance Condition Awards | (3,634) |  |  | 3,611 |  |  | 5,746 |
Market Condition Awards | 1,862 |  |  | 4,529 |  |  | 13,790 |
Employee stock purchase plan | 890 |  |  | 1,044 |  |  | 1,204 |
Share-based compensation expense | 16,885 |  |  | 21,376 |  |  | 33,872 |
Less: income tax benefits | (1,444) |  |  | (1,240) |  |  | (2,110) |
Share-based compensation expense, net of income tax benefits | $ | 15,441 |  |  | $ | 20,136 |  |  | $ | 31,762 |
(1)Share-based compensation expense during fiscal 2026 includes a benefit for Performance Condition Awards, as a result of a change in estimate from target achievement to zero percent achievement for certain Performance Condition Awards granted during fiscal 2026, 2025 and 2024.
Schedule of Option Activity | A summary of stock option activity under our 2008 plan was as follows:
(in thousands, except contractual term and per share data) | Options |  | Weighted Average Exercise Price (per share) |  |  |  | Weighted Average Remaining Contractual Term (in years) |  | Intrinsic Value
Outstanding at February 28, 2025 | 4 |  |  | $ | 87.61 |  |  |  |  | 0.2 |  | $ | — |
Expirations | (4) |  |  | 87.61 |  |  |  |  |  |  |
Outstanding at February 28, 2026 | — |  |  | $ | — |  |  |  |  | — |  | $ | — |
Exercisable at February 28, 2026 | — |  |  | $ | — |  |  |  |  | — |  | $ | — |
Schedule of Award Activity | A summary of Service Condition Awards activity during fiscal 2026 follows:
(in thousands, except per share data) | Number of Service Condition Awards |  | Weighted Average Grant Date Fair Value (per share) |  |  |  |  |  |
Outstanding at February 28, 2025 | 268 |  |  | $ | 107.29 |  |  |  |  |  |  |
Granted | 433 |  |  | 43.64 |  |  |  |  |  |  |
Vested | (148) |  |  | 95.79 |  |  |  |  |  |  |
Forfeited | (101) |  |  | 73.55 |  |  |  |  |  |  |
Outstanding at February 28, 2026 | 452 |  |  | $ | 57.61 |  |  |  |  |  |  |
A summary of Performance Condition Awards activity during fiscal 2026 follows and reflects all PSAs granted and outstanding at maximum achievement of 200% of Target:
(in thousands, except per share data) | Number of Performance Condition Awards |  | Weighted Average Grant Date Fair Value (per share) |  |  |  |  |
Outstanding at February 28, 2025 | 421 |  |  | $ | 112.67 |  |  |  |  |  |
Granted | 256 |  |  | 49.11 |  |  |  |  |  |
Vested | — |  |  | — |  |  |  |  |  |
Forfeited (1) | (221) |  |  | 112.58 |  |  |  |  |  |
Outstanding at February 28, 2026 | 456 |  |  | $ | 77.02 |  |  |  |  |  |
(1)Includes fiscal 2023 Performance Condition Awards which had a performance achievement level of 0%. A summary of Market Condition Awards activity during fiscal 2026 follows and reflects all PSAs granted and outstanding at maximum achievement of 200% of Target:
(in thousands, except per share data) | Number of Market Condition Awards |  | Weighted Average Grant Date Fair Value (per share) |  |  |  |  |
Outstanding at February 28, 2025 | 241 |  |  | $ | 102.48 |  |  |  |  |  |
Granted | 219 |  |  | 26.47 |  |  |  |  |  |
Vested | — |  |  | — |  |  |  |  |  |
Forfeited (1) | (155) |  |  | 98.28 |  |  |  |  |  |
Outstanding at February 28, 2026 | 305 |  |  | $ | 50.32 |  |  |  |  |  |
(1)Includes fiscal 2023 Market Condition Awards which had a performance achievement level of 0%.
Schedule of Fair Value Measurement Inputs and Valuation Techniques | The input variables utilized are included in the table below:
| Fiscal Years Ended Last Day of February,
| 2026 |  | 2025 |  | 2024
Expected term in years | 3 |  | 3 |  | 3
Risk free interest rate | 3.9 | % |  | 4.3 | % |  | 4.6 | %
Expected volatility | 49.0 | % |  | 41.0 | % |  | 46.0 | %
Expected dividend yield (1) | — | % |  | — | % |  | — | %
(1)The Monte Carlo method assumes a reinvestment of dividends.

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