Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity (Tables)

v3.19.3
Stockholders' Equity (Tables)
6 Months Ended
Aug. 31, 2019
Equity [Abstract]  
Number of shares of common stock issued and treasury stock, and associated share activity
The number of shares of common stock issued and treasury stock, and associated share activity, are as follows:
 
Common Stock
 
Treasury Stock
 
Class A
 
Class B
 
Class 1
 
Class A
 
Class B
Balance at February 28, 2019
185,740,178

 
28,322,419

 
1,149,624

 
18,927,966

 
5,005,800

Conversion of shares
133,667

 
(55
)
 
(133,612
)
 

 

Exercise of stock options (1)

 

 
2,107

 
(173,725
)
 

Vesting of restricted stock units (2)

 

 

 
(88,683
)
 

Vesting of performance share units (2)

 

 

 
(29,015
)
 

Cancellation of restricted shares

 

 

 
444

 

Balance at May 31, 2019
185,873,845

 
28,322,364

 
1,018,119

 
18,636,987

 
5,005,800

Share repurchases

 

 

 
265,593

 

Conversion of shares
6,267

 
(543
)
 
(5,724
)
 

 

Exercise of stock options (1)

 

 

 
(258,628
)
 

Employee stock purchases

 

 

 
(36,840
)
 

Vesting of restricted stock units (2)

 

 

 
(2,148
)
 

Balance at August 31, 2019
185,880,112

 
28,321,821

 
1,012,395

 
18,604,964

 
5,005,800

 
 
 
 
 
 
 
 
 
 
Balance at February 28, 2018
258,718,356

 
28,335,387

 
1,970

 
90,743,239

 
5,005,800

Share repurchases

 

 

 
450,508

 

Conversion of shares
5,144

 
(5,144
)
 

 

 

Exercise of stock options
216,946

 

 
5,118

 

 

Vesting of restricted stock units (2)

 

 

 
(20,392
)
 

Vesting of performance share units (2)

 

 

 
(62,352
)
 

Balance at May 31, 2018
258,940,446

 
28,330,243

 
7,088

 
91,111,003

 
5,005,800

Share repurchases

 

 

 
1,901,637

 

Conversion of shares
2,500

 
(2,500
)
 

 

 

Exercise of stock options
137,219

 

 
2,325

 

 

Employee stock purchases

 

 

 
(34,203
)
 

Grant of restricted stock awards

 

 

 
(3,552
)
 

Vesting of restricted stock units (2)

 

 

 
(3,074
)
 

Balance at August 31, 2018
259,080,165

 
28,327,743

 
9,413

 
92,971,811

 
5,005,800

(1) 
Includes use of Class A Treasury Stock associated with stock option exercises beginning March 1, 2019.
(2) 
Net of the following shares withheld to satisfy tax withholding requirements:
 
For the Three Months Ended
May 31,
 
For the Three Months Ended
August 31,
 
For the Six
Months Ended
August 31,
2019
 
 
 
 
 
Restricted Stock Units
48,562

 
1,176

 
49,738

Performance Share Units
17,439

 

 
17,439

 
 
 
 
 
 
2018
 
 
 
 
 
Restricted Stock Units
12,743

 
2,211

 
14,954

Performance Share Units
44,016

 

 
44,016


Summary of share repurchase activity
As of August 31, 2019, total shares repurchased under the 2018 Authorizations are as follows:
 
 
 
Class A Common Shares
 
Repurchase
Authorization
 
Dollar Value
of Shares
Repurchased
 
Number of
Shares
Repurchased
(in millions, except share data)
 
 
 
 
 
2018 Authorization
$
3,000.0

 
$
1,045.9

 
4,897,605