Annual report pursuant to Section 13 and 15(d)

Stockholders' Equity (Tables)

v2.4.1.9
Stockholders' Equity (Tables)
12 Months Ended
Feb. 28, 2015
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 29, 2012
233,751,797

 
28,583,916

 
11,549

 
63,015,441

 
5,005,800

Share repurchases

 

 

 
17,994,466

 

Conversion of shares
78,496

 
(66,881
)
 
(11,615
)
 

 

Exercise of stock options
8,234,221

 

 
103

 

 

Employee stock purchases

 

 

 
(210,895
)
 

Grant of restricted stock awards

 

 

 
(18,190
)
 

Vesting of restricted stock units (1)

 

 

 
(42,664
)
 

Cancellation of restricted shares

 

 

 
61,140

 

Balance at February 28, 2013
242,064,514

 
28,517,035

 
37

 
80,799,298

 
5,005,800

Conversion of shares
80,507

 
(80,470
)
 
(37
)
 

 

Exercise of stock options
6,119,923

 

 

 

 

Employee stock purchases

 

 

 
(163,817
)
 

Grant of restricted stock awards

 

 

 
(12,375
)
 

Vesting of restricted stock units (1)

 

 

 
(121,539
)
 

Vesting of performance share units (2)

 

 

 
(309,653
)
 

Cancellation of restricted shares

 

 

 
33,661

 

Balance at February 28, 2014
248,264,944

 
28,436,565

 

 
80,225,575

 
5,005,800

Conversion of shares
46,957

 
(46,957
)
 

 

 

Exercise of stock options
2,527,458

 

 

 

 

Employee stock purchases

 

 

 
(117,301
)
 

Grant of restricted stock awards

 

 

 
(6,424
)
 

Vesting of restricted stock units (1)

 

 

 
(140,396
)
 

Vesting of performance share units (2)

 

 

 
(288,021
)
 

Cancellation of restricted shares

 

 

 
8,426

 

Balance at February 28, 2015
250,839,359

 
28,389,608

 

 
79,681,859

 
5,005,800

(1) 
Net of 101,499 shares, 96,767 shares and 23,836 shares withheld for the years ended February 28, 2015, February 28, 2014, and February 28, 2013, respectively, to satisfy tax withholding requirements.
(2) 
Net of 248,499 shares and 267,577 shares withheld for the years ended February 28, 2015, and February 28, 2014, respectively, to satisfy tax withholding requirements.
Shares repurchased
Shares repurchased are as follows:
 
 
 
Class A Common Shares
 
Repurchase Authorization
 
Dollar Value of Shares Repurchased
 
Number of Shares Repurchased
 
Average Price Per Share
(in millions, except share and per share data)
 
 
 
 
 
 
 
2012 Authorization (1)
$
500.0

 
$
500.0

 
25,204,747
 
$
19.84

2013 Authorization (2)
$
1,000.0

 
$
296.7

 
14,023,985
 
$
21.15

(1) 
During the year ended February 28, 2013, we repurchased 3,970,481 shares of Class A Common Stock at an aggregate cost of $86.3 million.
(2) 
All share repurchases occurred during the year ended February 28, 2013.