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Fair Value Measurements (Tables)
3 Months Ended
May 31, 2016
Fair Value Disclosures [Abstract]  
Assets and Liabilities Accounted for at Fair Value on Recurring Basis
The Company’s assessment of the significance of a particular input to the fair value measurement requires judgment and may affect the valuation of fair value assets and liabilities and their placement within the fair value hierarchy levels.

 
As of May 31, 2016
 
Level 1
 
Level 2
 
Level 3
 
 
 
Quoted Prices
in Active
Markets for
Identical Assets
or Liabilities
 
Significant
Other
Observable
Inputs
 
Significant
Unobservable
Inputs
 
Total
 
(in 000's)
Available for sale securities
$

 
$

 
$
800

 
$
800

Total assets measured at fair value on a recurring basis
$

 
$

 
$
800

 
$
800

 
 
 
 
 
 
 
 
 
As of February 29, 2016
 
Level 1
 
Level 2
 
Level 3
 
 
 
Quoted Prices
in Active
Markets for
Identical Assets
or Liabilities
 
Significant
Other
Observable
Inputs
 
Significant
Unobservable
Inputs
 
Total
 
(in 000's)
Available for sale securities
$

 
$

 
$
800

 
$
800

Total assets measured at fair value on a recurring basis
$

 
$

 
$
800

 
$
800

Reconciliation of Beginning and Ending Balances for Fair Value Measurements using Significant Unobservable Inputs
The following table shows a reconciliation of the beginning and ending balances for fair value measurements using significant unobservable inputs:
 
For the Three Months Ended May 31,
 
2015
 
2016
 
Available
For Sale
Securities
 
Available
For Sale
Securities
Beginning Balance
$
500

 
$
800

Purchases

 

Ending Balance
$
500

 
$
800