Leases

12 Months Ended

Feb. 29, 2020

Leases [Abstract]

Leases

Leases

The Company is a lessee under various operating leases for facilities and equipment. The Company recognized operating lease costs of $18.4 million, $15.6 million and $13.9 million for fiscal years 2020, 2019 and 2018, respectively.

As of February 29, 2020, maturities of the Company's lease liabilities were as follows (in thousands):

Fiscal year:	Operating Leases
2021	$	8,311
2022	7,990
2023	7,505
2024	6,687
2025	5,755
Thereafter	17,494
Total lease payments	53,742
Less imputed interest	(9,301		)
Total	$	44,441

Supplemental information related to the Company's portfolio of operating leases was as follows (in thousands, except years and percentages):

	2020			2019
Operating cash flows from operating leases included in lease liabilities	$	8,918		$	8,454
ROU assets obtained in exchange for new operating lease liabilities	$	7,867		$	10,948
Weighted-average remaining lease term - operating leases	7.94 years			9.23 years
Weighted-average discount rate - operating leases	4.89		%	5.13		%