LEASES (Tables)

6 Months Ended

Aug. 31, 2021

Leases [Abstract]

Summary of Lease-related Assets and Liabilities

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

	Classification	August 31, 2021		February 28, 2021
Assets
Operating lease right-of-use assets	Operating lease right-of-use assets	$	14,131	$	14,273
Liabilities
Operating lease liabilities (current)	Other current liabilities	$	5,024	$	4,926
Operating lease liabilities (noncurrent)	Operating lease liabilities		15,986		17,061
Total lease liabilities		$	21,010	$	21,987

Summary of Lease Costs Included in Condensed Consolidated Statements of Comprehensive Loss

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

	For the Three Months Ended August 31,				For the Six Months Ended August 31,
	2021		2020		2021		2020
Operating lease cost	$	1,157	$	1,837	$	2,288	$	3,426
Short-term lease cost		14		82		31		163
Variable lease cost		101		114		203		228
Total lease cost	$	1,272	$	2,033	$	2,522	$	3,817

Schedule of Supplemental Information Related to Operating Leases

The table below presents supplemental information related to operating leases (in thousands, except weighted-average information):

	Six Months Ended
	August 31,
	2021		2020
Cash paid for amounts included in the measurement of operating lease liabilities	$	2,835	$	3,605
Right-of-use assets obtained in exchange for new operating lease liabilities	$	1,919	$	5,425
Weighted average remaining lease term	4.44 years		6.48 years
Weighted average discount rate	5.17%			5.17	%

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 condensed consolidated balance sheet as of August 31, 2021 (in thousands):

Remainder of 2022	$	2,865
2023		5,486
2024		5,095
2025		3,439
2026		2,739
Thereafter		2,158
Total minimum lease payments		21,782
Less imputed interest		(772	)
Present value of future minimum lease payments		21,010
Less current obligations under leases		(5,024	)
Long-term lease obligations	$	15,986