Annual report pursuant to Section 13 and 15(d)

Stockholders' Equity (Tables)

v3.22.1
Stockholders' Equity (Tables)
12 Months Ended
Feb. 28, 2022
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 
Share repurchases —  —  —  265,593  — 
Conversion of shares 350,567  (22,213) (328,354) —  — 
Exercise of stock options —  —  870,957  (747,527) — 
Employee stock purchases —  —  —  (69,324) — 
Vesting of restricted stock units (1)
—  —  —  (91,311) — 
Vesting of performance share units (1)
—  —  —  (29,015) — 
Cancellation of restricted shares —  —  —  444  — 
Balance at February 29, 2020 186,090,745  28,300,206  1,692,227  18,256,826  5,005,800 
Conversion of shares 1,113,535  (29,918) (1,083,617) —  — 
Exercise of stock options —  —  4,326  (1,020,853) — 
Employee stock purchases —  —  —  (67,801) — 
Vesting of restricted stock units (1)
—  —  —  (80,287) — 
Vesting of performance share units (1)
—  —  —  (17,335) — 
Balance at February 28, 2021 187,204,280  28,270,288  612,936  17,070,550  5,005,800 
Common Stock Treasury Stock
Class A Class B Class 1 Class A Class B
Share repurchases —  —  —  6,179,015  — 
Conversion of shares 59,579  (57,948) (1,631) —  — 
Exercise of stock options —  —  1,637,374  (287,873) — 
Employee stock purchases —  —  —  (57,738) — 
Vesting of restricted stock units (1)
—  —  —  (71,413) — 
Vesting of performance share units (1)
—  —  —  (7,934) — 
Balance at February 28, 2022 187,263,859  28,212,340  2,248,679  22,824,607  5,005,800 
(1)Net of the following shares withheld to satisfy tax withholding requirements:
For the Years Ended
February 28,
2022
February 28,
2021
February 29,
2020
Restricted Stock Units 36,213 37,933 49,900
Performance Share Units 4,565 9,433 17,439
Summary of share repurchase activity
A summary of share repurchase activity is as follows:
Class A Common Shares Repurchased
For the Years Ended
February 28, 2022 February 28, 2021 February 29, 2020
Dollar
Value
Number of
Shares
Dollar
Value
Number of
Shares
Dollar
Value
Number of
Shares
(in millions, except share data)
2018 Authorization $ 1,390.5  6,179,015  $ —  —  $ 50.0  265,593 
2021 Authorization —  —  —  —  —  — 
$ 1,390.5  6,179,015  $ —  —  $ 50.0  265,593 
As of April 21, 2022, total shares repurchased under our board 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  $ 2,936.4  12,802,171
2021 Authorization $ 2,000.0  $ —