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Fair Value (Tables)
12 Months Ended
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, 2026February 28, 2025
Assets: 
Cash equivalents (money market accounts)$4,189 $3,852 
U.S. Treasury Bills
11,175 11,268 
Interest rate swaps381 1,065 
Foreign currency derivatives375 2,163 
Total assets$16,120 $18,348 
Liabilities: 
Interest rate swaps$196 $221 
Contingent consideration
5,400 4,100 
Foreign currency derivatives2,954 119 
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)20262025
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, 2026Level 1Level 2Level 3
Goodwill
$472,281 $ $ $472,281 $706,505 
Indefinite-lived intangible assets264,600   264,600 97,000 
Definite-lived intangible assets108,250   108,250 82,356 
Total$845,131 $ $ $845,131 $885,861 
Fair Value Measurements Fiscal 2025 Asset Impairment Charges
(in thousands)February 28, 2025Level 1Level 2Level 3
Goodwill
$1,182,899 $— $— $1,182,899 $38,670 
Definite-lived trade names75,335 — — 75,335 12,785 
Total$1,258,234 $— $— $1,258,234 $51,455