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Capital Structure
6 Months Ended
Aug. 31, 2019
Equity [Abstract]  
Capital Structure

(20)

Capital Structure

The Company's capital structure is as follows:

 

 

 

 

 

 

 

Shares Authorized

 

 

Shares Outstanding

 

 

 

 

 

 

 

 

 

Security

 

Par

Value

 

 

August 31, 2019

 

 

February 28, 2019

 

 

August 31, 2019

 

 

February 28, 2019

 

 

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

 

 

 

21,929,788

 

 

 

21,938,100

 

 

 

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

 

 

 

2,376,406

 

 

 

2,168,094

 

 

N/A

 

 

N/A

 

 

N/A

 

 

 

 

 

 

In April 2019, the Company was authorized by the Board of Directors to increase the number of Class A Common Stock available for repurchase in the open market to 3,000,000. During the three and six months ended August 31, 2019, the Company repurchased 208,312 shares for an aggregate cost of $983. At August 31, 2019, the Company's remaining authorized share repurchase for its Class A Common Stock was 2,791,688 shares.