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STOCK-BASED COMPENSATION (Tables)
6 Months Ended
Aug. 31, 2018
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Schedule of Stock-based Compensation Expense

Stock-based compensation expense is included in the following captions of the condensed consolidated statements of comprehensive income (loss) (in thousands):

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

August 31,

 

 

August 31,

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Cost of revenues

 

$

212

 

 

$

141

 

 

$

389

 

 

$

279

 

Research and development

 

 

420

 

 

 

384

 

 

 

785

 

 

 

618

 

Selling and marketing

 

 

680

 

 

 

547

 

 

 

1,251

 

 

 

933

 

General and administrative

 

 

1,368

 

 

 

1,155

 

 

 

2,722

 

 

 

2,214

 

 

 

$

2,680

 

 

$

2,227

 

 

$

5,147

 

 

$

4,044

 

 

Summary of Stock Option Activity

Changes in our outstanding stock options during the six months ended August 31, 2018 were as follows (options in thousands):

 

 

 

Number of

Options

 

 

Weighted

Average

Exercise Price

 

 

Weighted average remaining contractual life (years)

 

 

Aggregate intrinsic value

 

Outstanding at February 28, 2018

 

 

980

 

 

$

11.29

 

 

 

5.9

 

 

 

 

 

Granted

 

 

140

 

 

 

23.08

 

 

 

 

 

 

 

 

 

Exercised

 

 

(55

)

 

 

1.83

 

 

 

 

 

 

 

 

 

Forfeited or expired

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at August 31, 2018

 

 

1,065

 

 

$

13.33

 

 

 

6.3

 

 

$

10,831

 

Exercisable at August 31, 2018

 

 

683

 

 

$

9.85

 

 

 

4.7

 

 

$

9,316

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Summary of Restricted Stock Shares (RSU's), and Performance Stock Units (PSU's) Activity

Changes in our outstanding restricted stock shares, performance stock units (“PSUs”) and restricted stock units (“RSUs”) during the six months ended August 31, 2018 were as follows (restricted shares, PSUs and RSUs in thousands):

 

 

 

Number of Restricted

Shares, PSUs

and RSUs

 

 

Weighted

Average Grant

Date Fair Value

 

 

Shares Retained to Cover Statutory Minimum Withholding Taxes

 

Outstanding at February 28, 2018

 

 

1,434

 

 

$

17.72

 

 

 

 

 

Granted

 

 

658

 

 

 

23.05

 

 

 

 

 

Vested

 

 

(438

)

 

 

17.21

 

 

 

148

 

Forfeited

 

 

(126

)

 

 

19.24

 

 

 

 

 

Outstanding at August 31, 2018

 

 

1,528

 

 

$

20.03