Goodwill and Intangible Assets (Tables)

6 Months Ended

Aug. 31, 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 August 31, 2022	(in years)		Amount		Amortization		Net
Amortized intangible assets
Trademarks and trade names		10.6	$	28,207	$	11,291	$	16,916
Customer lists		5.5		77,033		51,404		25,629
Non-compete		2.9		235		149		86
Total		7.5	$	105,475	$	62,844	$	42,631
As of February 28, 2022
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
Total		8.0	$	105,542	$	59,973	$	45,569

Estimated Amortization Expense

The Company’s estimated amortization expense for the current and next four fiscal years is as follows (in thousands):

2023	$	7,050
2024		7,032
2025		6,859
2026		6,243
2027		5,160

Changes in Net Carrying Amount of Goodwill

Changes in the net carrying amount of goodwill as of the dates indicated are as follows (in thousands):

Balance as of March 1, 2021	$	88,647
Goodwill acquired		30
Balance as of February 28, 2022		88,677
Balance as of August 31, 2022	$	88,677