Accumulated Other Comprehensive Income (Loss)

3 Months Ended

May 31, 2023

Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent [Abstract]

Accumulated Other Comprehensive Income (Loss)

Note 12 - Accumulated Other Comprehensive Income (Loss)

The changes in AOCI by component and related tax effects for the periods presented were as follows:

(in thousands)	Interest Rate Swaps		Foreign Currency Contracts		Total
Balance at February 28, 2022	$	(2,126)	$	2,328	$	202
Other comprehensive income before reclassification	2,206		2,319		4,525
Amounts reclassified out of AOCI	680		(1,196)		(516)
Tax effects	(680)		(170)		(850)
Other comprehensive income	2,206		953		3,159
Balance at May 31, 2022	$	80	$	3,281	$	3,361
Balance at February 28, 2023	$	4,394	$	553	$	4,947
Other comprehensive loss before reclassification	(2,634)		(467)		(3,101)
Amounts reclassified out of AOCI	(1,407)		(338)		(1,745)
Tax effects	949		182		1,131
Other comprehensive loss	(3,092)		(623)		(3,715)
Balance at May 31, 2023	$	1,302	$	(70)	$	1,232

See Notes 9, 10 and 11 to these condensed consolidated financial statements for additional information regarding our cash flow hedges.