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DEFERRED COMPENSATION PLAN
6 Months Ended
Aug. 31, 2015
DEFERRED COMPENSATION PLAN [Abstract]  
DEFERRED COMPENSATION PLAN

NOTE 9 – DEFERRED COMPENSATION PLAN

The Company established a non-qualified deferred compensation plan in August 2013 in which certain members of management and all non-employee directors are eligible to participate. Participants may defer a portion of their compensation until retirement or a date specified by the participant in accordance with the plan. The Company is informally funding the deferred compensation plan obligations by making cash deposits to a Rabbi Trust that are invested in mutual funds in generally the same proportion as the investment elections made by the participants for their compensation deferrals. The fair value of Rabbi Trust assets and deferred compensation plan liabilities as of August 31, 2015 were $3,283,000 and $3,300,000, respectively, and are included in other assets and other non-current liabilities, respectively, in the accompanying unaudited consolidated balance sheet at that date.