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EMPLOYEE RETIREMENT PLAN
12 Months Ended
Feb. 28, 2021
Compensation And Retirement Disclosure [Abstract]  
EMPLOYEE RETIREMENT PLAN

NOTE 18 – 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. 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 $1.9 million, $2.1 million and $2.1 million in fiscal years ended February 28/29, 2021, 2020 and 2019, respectively.