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Stock Based Compensation (Tables)
6 Months Ended
Aug. 31, 2021
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Restricted Stock Awards and Restricted Stock Units Activity

The following activity occurred with respect to the Company’s restricted stock awards for the six months ended August 31, 2021 of which 18,179 shares were granted under the New Plan:

 

 

 

 

 

Weighted

 

 

 

 

 

Average

 

 

Number of

 

 

Grant Date

 

 

Shares

 

 

Fair Value

 

Outstanding at March 1, 2021

 

119,729

 

 

$

18.90

 

Granted

 

51,920

 

 

 

20.31

 

Terminated

 

 

 

 

 

Vested

 

(97,362

)

 

 

19.77

 

Outstanding at August 31, 2021

 

74,287

 

 

$

18.73

 

 

The following activity occurred with respect to the Company’s restricted stock units for the six months ended August 31, 2021:

 

 

Time-based

 

 

Performance-based

 

 

 

 

 

Weighted

 

 

 

 

 

Weighted

 

 

 

 

 

Average

 

 

 

 

 

Average

 

 

Number of

 

 

Grant Date

 

 

Number of

 

 

Grant Date

 

 

Shares

 

 

Fair Value

 

 

Shares

 

 

Fair Value

 

Outstanding at March 1, 2021

 

 

 

$

 

 

 

 

 

$

 

Granted

 

44,494

 

 

 

20.38

 

 

 

177,977

 

 

 

23.17

 

Terminated

 

 

 

 

 

 

 

 

 

 

 

Vested

 

 

 

 

 

 

 

 

 

 

 

Outstanding at August 31, 2021

 

44,494

 

 

$

20.38

 

 

 

177,977

 

 

$

23.17