Capital Structure

3 Months Ended

May 31, 2024

Equity [Abstract]

Capital Structure

(20) Capital Structure

The Company's capital structure is as follows:

			Shares Authorized				Shares Outstanding
Security	Par Value		May 31, 2024		February 29, 2024		May 31, 2024		February 29, 2024		Voting Rights per Share		Liquidation Rights
Preferred Stock	$	50.00		50,000		50,000		-		-		-	$50 per share
Series Preferred Stock	$	0.01		1,500,000		1,500,000		-		-		-		—
Class A Common Stock	$	0.01		60,000,000		60,000,000		19,639,420		19,698,562		1	Ratably with Class B
Class B Common Stock	$	0.01		10,000,000		10,000,000		2,260,954		2,260,954		10	Ratably with Class A
Treasury Stock at cost	at cost			4,351,183		4,287,041	N/A		N/A		N/A

The Company's Class A common shares outstanding are presented net of 577,581 shares subject to possible redemption at both May 31, 2024 and February 29, 2024 (see Note 8).

During the three months ended May 31, 2024, the Company repurchased 64,142 shares of Class A common stock, for an aggregate cost of $248. As of May 31, 2024, 816,911 shares of the Company’s Class A common stock are authorized to be repurchased in the open market.