EMPLOYEE RETIREMENT PLANS

12 Months Ended

Feb. 28, 2018

Compensation And Retirement Disclosure [Abstract]

EMPLOYEE RETIREMENT PLAN

NOTE 15 – EMPLOYEE RETIREMENT PLAN

We maintain a 401(k) defined-contribution plan allowing eligible U.S.-based employees to contribute up to an annual maximum amount as set periodically by the Internal Revenue Service. Our matching contributions to the plan are discretionary subject to the authorization of our Board of Directors. The current matching contribution to the plan is equal to 100% of the first 3% of participants’ compensation contribution plus 50% of the next 2% contributed by the participant. We recorded expense for the matching contributions of $2.0 million, $1.3 million and $1.2 million in fiscal years ended February 28, 2018, 2017 and 2016, respectively.