OTHER ASSETS

3 Months Ended

May 31, 2020

Other Assets Noncurrent Disclosure [Abstract]

OTHER ASSETS

NOTE 6 – OTHER ASSETS

Other assets consist of the following (in thousands):

	May 31,		February 29,
	2020		2020
Deferred cost	$	6,905	$	7,818
Deferred compensation plan assets		5,895		6,041
Lease receivables, non-current		5,495		5,992
Prepaid commissions		1,942		2,318
Other		2,657		2,599
	$	22,894	$	24,768

We have a non-qualified deferred compensation plan 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 another date specified by them in accordance with the plan. We are funding the plan obligations through cash deposits to a Rabbi Trust that are invested in various equities, bond, money market mutual funds and COLI in generally the same proportion as investment elections made by the participants. The deferred compensation plan liability is included in other non-current liabilities in the accompanying consolidated balance sheets.