Goodwill and Intangible Assets (Tables)

3 Months Ended

May 31, 2019

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 May 31, 2019	(in years)		Amount		Amortization		Net
Amortized intangible assets
Trademarks and trade names		13.3	$	25,281	$	4,346	$	20,935
Customer lists		8.0		72,765		32,907		39,858
Non-compete		2.4		747		355		392
Patent		—		783		783		—
Total		9.8	$	99,576	$	38,391	$	61,185
As of February 28, 2019
Amortized intangible assets
Trademarks and trade names		13.8	$	24,385	$	3,906	$	20,479
Customer lists		8.2		71,869		31,498		40,371
Non-compete		2.5		722		300		422
Patent		—		783		783		—
Total		10.0	$	97,759	$	36,487	$	61,272

Estimated Amortization Expense

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

2020	$	7,589
2021		7,472
2022		7,305
2023		6,459
2024		6,421

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, 2018	$	70,603
Goodwill acquired		11,031
Goodwill impairment		—
Balance as of February 28, 2019		81,634
Goodwill acquired		893
Goodwill impairment		—
Balance as of May 31, 2019	$	82,527