Leases (Tables)

3 Months Ended

May 31, 2024

Leases [Abstract]

Components of Lease Expense

Components of lease expense for the three months ended May 31, 2024 and May 31, 2023 were as follows (in thousands):

	Three months ended
	May 31, 2024		May 31, 2023
Operating lease cost	$	1,347	$	1,433
Supplemental cash flow information related to leases was as follows:
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	1,369	$	1,441
Right-of-use assets obtained in exchange for lease obligations
Operating leases	$	648	$	—

Weighted Average Remaining Lease Terms
Operating leases	2.4 Years			2.8 Years
Weighted Average Discount Rate
Operating leases		4.16	%		3.85	%

Summary of Future Minimum Lease Commitments Under Non-cancelable Operating Leases

Future minimum lease commitments under non-cancelable operating leases for each of the fiscal years ending are as follows (in thousands):

	Operating
	Lease
	Commitments
2025 (remaining 9 months)	$	3,246
2026		3,391
2027		1,709
2028		516
2029		167
Total future minimum lease payments	$	9,029
Less imputed interest		465
Present value of lease liabilities	$	8,564