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Shareholders' Equity | 12 Months Ended
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Feb. 28, 2025
Equity [Abstract] |
Shareholders' Equity | (10) Shareholders’ Equity The Board has authorized the repurchase of the Company’s outstanding common stock through a stock repurchase program, which authorized amount is currently up to $60.0 million in the aggregate. Under the repurchase program, purchases may be made from time to time in the open market or through privately negotiated transactions depending on market conditions, share price, trading volume and other factors. Such purchases, if any, will be made in accordance with applicable insider trading and other securities laws and regulations. These repurchases may be commenced or suspended at any time or from time to time without prior notice. During the fiscal years ended February 28, 2025 and February 29, 2024, the Company repurchased 91,883 and 29,350 shares of common stock under the program at an average price of $19.79 and $19.96 per share, respectively. Since the program’s inception in October 2008, there have been 2,334,344 common shares repurchased at an average price of $16.47 per share. As of February 28, 2025, there was $21.5 million available to repurchase shares of the Company’s common stock under the program.

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