Goodwill and Intangible Assets (Tables)

6 Months Ended

Aug. 31, 2024

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, 2024	(in years)		Amount		Amortization		Net
Definite-lived intangible assets
Trademarks and trade names		7.2	$	30,911	$	15,437	$	15,474
Customer lists		4.9		82,653		62,201		20,452
Non-compete		1.3		256		194		62
Technology		5.3		650		163		487
Total		5.9	$	114,470	$	77,995	$	36,475
As of February 29, 2024
Definite-lived intangible assets
Trademarks and trade names		7.6	$	29,817	$	14,366	$	15,451
Customer lists		5.1		81,753		59,473		22,280
Non-compete		1.6		238		176		62
Technology		5.8		650		116		534
Total		6.1	$	112,458	$	74,131	$	38,327

Estimated Amortization Expense

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

2025 (remaining)	$	3,924
2026	$	7,158
2027	$	6,066
2028	$	4,569
2029	$	3,934
2030	$	2,719

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, 2023	$	91,819
Goodwill acquired		2,530
Balance as of February 29, 2024		94,349
Goodwill acquired		—
Balance as of August 31, 2024	$	94,349