v3.7.0.1
Derivative Instruments (Tables)
12 Months Ended
Feb. 28, 2017
Summary of Effects of Derivative Instruments

The effects of derivative instruments on the Company’s Consolidated Financial Statements are as follows (in thousands):

 

                   

Fiscal Year Ended February 28, 2017

 
    

As of February 28, 2017

   

Classification of Gain

(Loss) Recognized

in Income on

Derivatives

  Amount of  Gain
(Loss) Recognized
in Income on
Derivatives
 
    

Balance
Sheet Classification

  Fair
Value
    Notional
Value
     

Assets—foreign currency forward contracts not designated as
hedges

  Other current assets   $ 135     $ 15,151     Other income (expense), net   $ 3,663  

Liabilities—foreign currency
forward contracts not designated
as hedges

  Accounts payable and accrued expenses     (160     33,670     Other income (expense), net     (2,970
   

 

 

   

 

 

     

 

 

 

Total

    $ (25   $ 48,821       $ 693  
   

 

 

   

 

 

     

 

 

 

 

                   

Fiscal Year Ended February 29, 2016

 
    

As of February 29, 2016

   

Classification of Gain

(Loss) Recognized

in Income on

Derivatives

  Amount of  Gain
(Loss) Recognized
in Income on
Derivatives
 
    

Balance
Sheet Classification

  Fair
Value
    Notional
Value
     

Assets—foreign currency forward contracts not designated as hedges

  Other current assets   $ 566     $ 31,390     Other income (expense), net   $ 1,226  

Liabilities—foreign currency forward contracts not designated as hedges

  Accounts payable and accrued expenses     (452     41,214     Other income (expense), net     (1,195
   

 

 

   

 

 

     

 

 

 

Total

    $ 114     $ 72,604       $ 31