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Goodwill and Intangible Assets (Tables) | 12 Months Ended
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Feb. 28, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Carrying Amount and Accumulated Amortization of Intangible Assets | The carrying amount and accumulated amortization of the Company’s intangible assets at each balance sheet date are as follows (in thousands):
|  | Weighted |  |  |  |  |  |  |  |  |  |
|  | Average |  |  |  |  |  |  |  |  |  |
|  | Remaining |  |  | Gross |  |  |  |  |  |  |
|  | Life |  |  | Carrying |  |  | Accumulated |  |  |  |
As of February 28, 2022 |  | (in years) |  |  | Amount |  |  | Amortization |  |  | Net |
Amortized intangible assets |  |  |  |  |  |  |  |  |  |  |  |
Trademarks and trade names |  |  | 11.0 |  |  | $ | 28,207 |  |  | $ | 10,301 |  |  | $ | 17,906 |
Customer lists |  |  | 6.1 |  |  |  | 76,458 |  |  |  | 48,903 |  |  |  | 27,555 |
Non-compete |  |  | 3.3 |  |  |  | 877 |  |  |  | 769 |  |  |  | 108 |
Patent |  |  | — |  |  |  | 783 |  |  |  | 783 |  |  |  | — |
Total |  |  | 8.0 |  |  | $ | 106,325 |  |  | $ | 60,756 |  |  | $ | 45,569 |
As of February 28, 2021 |  |  |  |  |  |  |  |  |  |  |  |
Amortized intangible assets |  |  |  |  |  |  |  |  |  |  |  |
Trademarks and trade names |  |  | 11.9 |  |  | $ | 27,561 |  |  | $ | 8,194 |  |  | $ | 19,367 |
Customer lists |  |  | 6.8 |  |  |  | 75,862 |  |  |  | 42,726 |  |  |  | 33,136 |
Non-compete |  |  | 3.1 |  |  |  | 877 |  |  |  | 668 |  |  |  | 209 |
Patent |  |  | — |  |  |  | 783 |  |  |  | 783 |  |  |  | — |
Total |  |  | 8.7 |  |  | $ | 105,083 |  |  | $ | 52,371 |  |  | $ | 52,712 |
Estimated Amortization Expense | The Company’s estimated amortization expense for the next five fiscal years is as follows (in thousands):
2023 |  | $ | 7,016 |
2024 |  |  | 6,975 |
2025 |  |  | 6,801 |
2026 |  |  | 6,186 |
2027 |  |  | 5,103 |
Changes in Net Carrying Amount of Goodwill | Changes in the net carrying amount of goodwill for fiscal years 2020 and 2021 are as follows (in thousands):
Balance as of March 1, 2020 |  | $ | 82,527 |
Goodwill acquired |  |  | 6,120 |
Goodwill impairment |  |  | — |
Balance as of February 28, 2021 |  |  | 88,647 |
Goodwill acquired |  |  | 30 |
Goodwill impairment |  |  | — |
Balance as of February 28, 2022 |  | $ | 88,677 |

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