CASH, CASH EQUIVALENTS AND INVESTMENTS (Tables)

12 Months Ended

Feb. 28, 2021

Cash And Cash Equivalents [Abstract]

Schedule of Cash and Marketable Securities

The following tables summarize our financial instrument assets (in thousands):

	As of February 28, 2021
							Balance Sheet Classification of Fair Value
			Unrealized				Cash and
			Gains		Fair		Cash		Other
	Cost		(Losses)		Value		Equivalents		Assets
Cash	$	38,823	$	-	$	38,823	$	38,823	$	-
Level 1:
Money market funds		12,801		-		12,801		12,801		-
Mutual funds (1)		1,810		367		2,177		-		2,177
Level 2:
Repurchase agreements		43,000		-		43,000		43,000		-
Total	$	96,434	$	367	$	96,801	$	94,624	$	2,177

	As of February 29, 2020
							Balance Sheet Classification of Fair Value
			Unrealized				Cash and
			Gains		Fair		Cash		Other
	Cost		(Losses)		Value		Equivalents		Assets
Cash	$	31,895	$	-	$	31,895	$	31,895	$	-
Level 1:
Money market funds		5,508		-		5,508		5,508		-
Mutual funds (1)		3,926		26		3,952		-		3,952
Level 2:
Repurchase agreements		60,000		-		60,000		60,000		-
Corporate bonds		10,001		-		10,001		10,001		-
Total	$	111,330	$	26	$	111,356	$	107,404	$	3,952

(1) Amounts represent various equities, bonds and money market mutual funds held in a “Rabbi Trust” and are restricted for payment obligations to non-qualified deferred compensation plan participants. In addition to the mutual funds above, our “Rabbi Trust” also included Corporate-Owned Life Insurance (COLI) starting in fiscal 2020. As of February 28, 2021, the cash surrender value of COLI was $5.0 million. See Note 10 for discussion of the deferred compensation plan.