LEASES (Tables)

12 Months Ended

Feb. 28, 2021

Leases [Abstract]

Summary of Lease-related Assets and Liabilities

The table below presents lease-related assets and liabilities recorded on the consolidated balance sheet (in thousands):

	Classification	February 28, 2021		February 29, 2020
Assets
Operating lease right-of-use assets	Operating lease right-of-use assets	$	14,273	$	20,626
Liabilities
Operating lease liabilities (current)	Other current liabilities	$	4,926	$	4,662
Operating lease liabilities (noncurrent)	Operating lease liabilities		17,061		24,279
Total lease liabilities		$	21,987	$	28,941

Summary of Lease Costs Included in Consolidated Statements of Comprehensive Income (Loss)

The following lease costs were included in our consolidated statements of comprehensive income (loss) as follows (in thousands):

	Year Ended February 28, 2021		Year Ended February 29, 2020
Operating lease cost	$	6,842	$	6,497
Short-term lease cost		168		848
Variable lease cost		442		315
Total lease cost	$	7,452	$	7,660

Schedule of Supplemental Information Related to Operating Leases

The table below presents supplemental information related to operating leases during the fiscal year ended February 28, 2021 (in thousands, except weighted-average information):

	Year Ended February 28, 2021		Year Ended February 29, 2020
Cash paid for amounts included in the measurement of operating lease liabilities	$	7,549	$	6,624
Right-of-use assets obtained in exchange for new operating lease liabilities	$	2,513	$	4,071
Weighted average remaining lease term	4.7 years		7.3 years
Weighted average discount rate	5.37%			5.45	%

Schedule of Reconciles the Undiscounted Cash Flows for Operating Lease Liabilities

The table below reconciles the undiscounted cash flows for each of the first five years and total of the remaining years to the operating lease liabilities recorded on the consolidated balance sheet as of February 28, 2021 (in thousands):

2022	$	5,635
2023		5,208
2024		4,795
2025		3,107
2026		2,322
Thereafter		1,922
Total minimum lease payments		22,989
Less imputed interest		(1,002	)
Present value of future minimum lease payments		21,987
Less current obligations under leases		(4,926	)
Long-term lease obligations	$	17,061