v3.19.1
Business Combinations (Tables)
12 Months Ended
Feb. 28, 2019
Business Combinations [Abstract]  
Business Acquisition, Pro Forma Information The following unaudited pro forma consolidated financial information reflects the results of operations of the Company (in thousands, except per share amounts) as if the acquisition of Noobaa had closed on March 1, 2017 and as if the acquisitions of CoreOS, Permabit, Codenvy and 3scale had closed on March 1, 2016, after giving effect to certain purchase accounting adjustments. These pro forma results are not necessarily indicative of what the Company’s operating results would have been had the acquisitions actually taken place at the beginning of the period. Pro forma consolidated information for the fiscal year ended February 28, 2019 has not been provided because the acquisition of Noobaa would not have had a significant impact on consolidated operating results if the acquisition had closed on March 1, 2018.
 
Fiscal Years Ended
 
February 28, 2018
 
February 28, 2017
Revenue
$
2,930,248

 
$
2,419,418

Net income
$
231,287

 
$
228,369

Basic net income per common share
$
1.31

 
$
1.27

Diluted net income per common share
$
1.25

 
$
1.25

Summary of Changes in Goodwill The following is a summary of goodwill (in thousands):
 
February 28, 2019
 
February 28, 2018
 
February 28, 2017
Balance at beginning of year
$
1,288,830

 
$
1,040,709

 
$
1,027,277

Acquisitions
3,500

 
228,451

 
16,923

Impact of foreign currency fluctuations
(11,961
)
 
20,080

 
(3,636
)
Purchase price adjustments on acquisitions
(3,516
)
 
(410
)
 
145

Balance at end of year
$
1,276,853

 
$
1,288,830

 
$
1,040,709