Annual report pursuant to Section 13 and 15(d)

Stockholders' Equity (Tables)

v3.8.0.1
Stockholders' Equity (Tables)
12 Months Ended
Feb. 28, 2018
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, 2015
250,839,359

 
28,389,608

 

 
79,681,859

 
5,005,800

Share repurchases

 

 

 
246,143

 

Conversion of shares
31,079

 
(31,079
)
 

 

 

Exercise of stock options
4,687,588

 

 
2,000

 

 

Employee stock purchases

 

 

 
(89,155
)
 

Grant of restricted stock awards

 

 

 
(4,984
)
 

Vesting of restricted stock units (1)

 

 

 
(157,052
)
 

Vesting of performance share units (2)

 

 

 
(223,044
)
 

Cancellation of restricted shares

 

 

 
244

 

Balance at February 29, 2016
255,558,026

 
28,358,529

 
2,000

 
79,454,011

 
5,005,800

Share repurchases

 

 

 
7,407,051

 

Conversion of shares
2

 
(2
)
 

 

 

Exercise of stock options
1,948,156

 

 
80

 

 

Employee stock purchases

 

 

 
(77,671
)
 

Grant of restricted stock awards

 

 

 
(4,088
)
 

Vesting of restricted stock units (1)

 

 

 
(325,773
)
 

Vesting of performance share units (2)

 

 

 
(190,559
)
 

Balance at February 28, 2017
257,506,184

 
28,358,527

 
2,080

 
86,262,971

 
5,005,800

Share repurchases

 

 

 
4,810,061

 

Conversion of shares
29,640

 
(23,140
)
 
(6,500
)
 

 

Exercise of stock options
1,182,532

 

 
6,390

 

 

Employee stock purchases

 

 

 
(75,023
)
 

Grant of restricted stock awards

 

 

 
(3,848
)
 

Vesting of restricted stock units (1)

 

 

 
(181,994
)
 

Vesting of performance share units (2)

 

 

 
(68,928
)
 

Balance at February 28, 2018
258,718,356

 
28,335,387

 
1,970

 
90,743,239

 
5,005,800

(1) 
Net of 117,188 shares, 241,870 shares and 112,851 shares withheld for the years ended February 28, 2018, February 28, 2017, and February 29, 2016, respectively, to satisfy tax withholding requirements.
(2) 
Net of 55,584 shares, 168,811 shares and 216,396 shares withheld for the years ended February 28, 2018, February 28, 2017, and February 29, 2016, respectively, to satisfy tax withholding requirements.
Shares repurchased
As of April 23, 2018, total shares repurchased under these authorizations are as follows:
 
 
 
Class A Common Shares
 
Repurchase Authorization
 
Dollar Value of Shares Repurchased
 
Number of Shares Repurchased
(in millions, except share data)
 
 
 
 
 
2013 Authorization
$
1,000.0

 
$
1,000.0

 
18,670,632
2017 Authorization
$
1,000.0

 
$
1,000.0

 
5,536,741
2018 Authorization
$
3,000.0

 
$
512.8

 
2,373,154