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STOCKHOLDERS' EQUITY (Tables)
9 Months Ended
Nov. 30, 2019
Equity [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

 

 

Nine Months Ended

 

 

 

November 30,

 

 

November 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Cost of revenues

 

$

221

 

 

$

251

 

 

$

558

 

 

$

640

 

Research and development

 

 

723

 

 

 

538

 

 

 

1,769

 

 

 

1,323

 

Selling and marketing

 

 

1,058

 

 

 

808

 

 

 

2,709

 

 

 

2,059

 

General and administrative

 

 

1,650

 

 

 

1,344

 

 

 

4,342

 

 

 

4,066

 

 

 

$

3,652

 

 

$

2,941

 

 

$

9,378

 

 

$

8,088

 

Summary of Stock Option Activity

Changes in our outstanding stock options during the nine months ended November 30, 2019 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, 2019

 

 

1,054

 

 

$

13.44

 

 

 

5.8

 

 

 

 

 

Granted

 

 

171

 

 

 

11.11

 

 

 

 

 

 

 

 

 

Exercised

 

 

(106

)

 

 

2.35

 

 

 

 

 

 

 

 

 

Forfeited or expired

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at November 30, 2019

 

 

1,119

 

 

$

14.14

 

 

 

6.2

 

 

$

1,380

 

Exercisable at November 30, 2019

 

 

681

 

 

$

12.46

 

 

 

4.7

 

 

$

1,380

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 nine months ended November 30, 2019 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, 2019

 

 

1,507

 

 

$

19.77

 

 

 

 

 

Granted

 

 

1,561

 

 

 

11.30

 

 

 

 

 

Vested

 

 

(467

)

 

 

18.91

 

 

 

159

 

Forfeited

 

 

(229

)

 

 

17.30

 

 

 

 

 

Outstanding at November 30, 2019

 

 

2,372

 

 

$

14.58