Long-Term Debt (Tables)

6 Months Ended

Aug. 31, 2023

Debt Disclosure [Abstract]

Summary of long-term debt

A summary of our long-term debt follows:

(in thousands)	August 31, 2023		February 28, 2023
Credit Agreement (1):
Revolving loans	603,000		690,000
Term loans	243,750		246,875
Total borrowings under Credit Agreement	846,750		936,875
Unamortized prepaid financing fees	(1,847)		(2,463)
Total long-term debt	844,903		934,412
Less: current maturities of long-term debt	(6,235)		(6,064)
Long-term debt, excluding current maturities	$	838,668	$	928,348

(1)The weighted average interest rates on borrowings outstanding under the Credit Agreement (defined below) as of August 31, 2023 and February 28, 2023 were 7.1% and 6.6%, respectively.