Subsequent Events

12 Months Ended

Feb. 29, 2020

Subsequent Events [Abstract]

Subsequent Events

17) Subsequent Events

Wells Fargo Credit Facility

On April 8, 2020, the Company borrowed $20,000 from the available funds under its Credit Facility.

On June 11, 2020, the Company entered into Amendment No. 7 to the Credit Facility. Pursuant to the terms thereof, the Credit Facility was amended primarily to: (i) provide for a Maximum Credit under the Credit Facility of $127,500; (ii) extend the Maturity Date to April 26, 2022; (iii) allow for LIBOR replacement under certain conditions and amend the LIBOR and Base Rate margins; (iv) raise the Excess Availability related to a Compliance Period to 20%; and (v) increase the Real Property Availability by including the Company’s Michigan real estate in the Borrowing Base.