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Leases (Tables)
3 Months Ended
May 31, 2019
Leases [Abstract]  
Summary of Impact of Operating Lease

The impact of operating leases to our condensed consolidated financial statements was as follows:

 

 

Three Months Ended

May 31,

 

 

 

2019

 

Lease Cost

 

 

 

 

Operating lease cost

 

$

1,198

 

Other Information

 

 

 

 

Operating cash flows from operating leases

 

 

1,319

 

Right-of-use assets obtained in exchange for new operating lease liabilities

 

 

28,821

 

Weighted average remaining lease term - operating leases (in years)

 

 

8.6

 

Weighted average discount rate - operating leases

 

 

5.6

%

Summary of Annual Minimum Lease Payments of Operating Lease Liabilities

As of May 31, 2019, the annual minimum lease payments of our operating lease liabilities were as follows:

Year ending February 28 (29),

 

 

 

 

Remainder of 2020

 

$

3,878

 

2021

 

 

4,990

 

2022

 

 

4,921

 

2023

 

 

4,839

 

2024

 

 

3,449

 

After 2024

 

 

13,705

 

Total lease payments

 

 

35,782

 

Less imputed interest

 

 

8,018

 

Total recorded lease liabilities

 

$

27,764