Red Hat 10-Q 9 Jul 18 2019 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	May 31, 2018	Jul. 03, 2018
Document And Entity Information [Abstract]
Entity Registrant Name	RED HAT INC
Entity Central Index Key	1,087,423
Current Fiscal Year End Date	--02-28
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	May 31, 2018
Document Fiscal Year Focus	2,019
Document Fiscal Period Focus	Q1
Amendment Flag	false
Entity Common Stock, Shares Outstanding		177,373,891

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	May 31, 2018	Feb. 28, 2018
Current assets:
Cash, cash equivalents and restricted cash	$ 1,768,480	$ 1,724,132
Investments in debt and equity securities, short-term	329,872	318,358	[1]
Accounts receivable, net of allowances for doubtful accounts of $2,566 and $2,167, respectively	498,964	806,744	[1]
Prepaid expenses	247,175	267,197	[1]
Other current assets	61,123	25,666	[1]
Total current assets	2,905,614	3,142,097	[1]
Property and equipment, net of accumulated depreciation and amortization of $281,523 and $269,429, respectively	196,653	206,105	[1]
Goodwill	1,278,708	1,288,830	[1]
Identifiable intangibles, net	220,176	224,953	[1]
Investments in debt securities, long-term	428,777	430,442	[1]
Deferred tax assets, net	82,826	92,606	[1]
Other assets, net	78,807	89,460	[1]
Total assets	5,191,561	5,474,493	[1]
Current liabilities:
Accounts payable and accrued expenses	359,706	427,139	[1]
Deferred revenue, short-term	1,721,300	1,853,719	[1]
Other current obligations	685	843	[1]
Convertible notes	194,544	23,806	[1]
Total current liabilities	2,276,235	2,305,507	[1]
Deferred revenue, long-term	723,207	741,453	[1]
Convertible notes	554,503	744,194	[1]
Other long-term obligations	205,672	205,215	[1]
Commitments and contingencies (NOTES 9 and 10)			[1]
Stockholders’ equity:
Preferred stock, $0.0001 per share par value, 5,000,000 shares authorized, none outstanding	0	0	[1]
Common stock, $0.0001 per share par value, 300,000,000 shares authorized, 239,779,276 and 238,688,708 shares issued, and 177,472,140 and 177,073,904 shares outstanding, respectively	24	24	[1]
Additional paid-in capital	2,399,925	2,416,080	[1]
Retained earnings	1,733,270	1,619,688	[1]
Treasury stock, at cost, 62,307,136 and 61,614,804 shares, respectively	(2,657,774)	(2,525,072)	[1]
Accumulated other comprehensive loss	(43,501)	(32,596)	[1]
Total stockholders’ equity	1,431,944	1,478,124	[1]
Total liabilities and stockholders’ equity	$ 5,191,561	$ 5,474,493	[1]
[1]	Derived from audited financial statements except for line items adjusted by the retrospective application of ASC 606. See NOTE 2—Summary of Significant Accounting Policies for detailed information on adoption of ASC 606.

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	May 31, 2018	Feb. 28, 2018
Statement of Financial Position [Abstract]
Accounts receivable, allowances for doubtful accounts	$ 2,566	$ 2,167
Property and equipment, accumulated depreciation and amortization	$ 281,523	$ 269,429
Preferred stock, per share par value (in dollars per share)	$ 0.0001	$ 0.0001
Preferred stock, shares authorized (in shares)	5,000,000	5,000,000
Preferred stock, outstanding (in shares)	0	0
Common stock, per share par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, shares authorized (in shares)	300,000,000	300,000,000
Common stock, shares issued (in shares)	239,779,276	238,688,708
Common stock, shares outstanding (in shares)	177,472,140	177,073,904
Treasury stock, shares (in shares)	62,307,136	61,614,804

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	May 31, 2018	May 31, 2017
Revenue:
Total revenue	$ 813,530	$ 676,796	[1]
Cost of revenue:
Total cost of revenue	122,699	100,696	[1]
Gross profit	690,831	576,100	[1]
Operating expense:
Sales and marketing	348,815	294,323	[1]
Research and development	166,506	137,163	[1]
General and administrative	63,354	54,870	[1]
Total operating expense	578,675	486,356	[1]
Income from operations	112,156	89,744	[1]
Interest income	7,834	3,993	[1]
Interest expense	6,319	6,085	[1]
Other expense, net	(2,194)	(586)	[1]
Income before provision for income taxes	111,477	87,066	[1]
(Benefit) provision for income taxes	(1,713)	11,752	[1]
Net income	$ 113,190	$ 75,314	[1],[2],[3]
Net income per share:
Basic (in dollars per share)	$ 0.64	$ 0.42	[1]
Diluted (in dollars per share)	$ 0.59	$ 0.41	[1]
Weighted average shares outstanding:
Basic (in shares)	177,302	177,243	[1]
Diluted (in shares)	190,739	181,810	[1]
Subscriptions
Revenue:
Total revenue	$ 711,521	$ 596,508
Cost of revenue:
Total cost of revenue	52,173	43,633	[1]
Training and services
Revenue:
Total revenue	102,009	80,288	[1]
Cost of revenue:
Total cost of revenue	$ 70,526	$ 57,063	[1]
[1]	As adjusted to reflect the impact of the retrospective application of ASC 606. See NOTE 2—Summary of Significant Accounting Policies for detailed information on adoption of ASC 606.
[2]	As adjusted to reflect the impact of the retrospective application of ASC 606. See NOTE 2—Summary of Significant Accounting Policies for detailed information on adoption of ASC 606.
[3]	As adjusted to reflect the impact of the retrospective application of ASC 606. See NOTE 2—Summary of Significant Accounting Policies for detailed information on adoption of ASC 606.

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	May 31, 2018	May 31, 2017	[3]
Statement of Comprehensive Income [Abstract]
Net income	$ 113,190	$ 75,314	[1],[2]
Other comprehensive income (loss):
Change in foreign currency translation adjustment	(10,831)	22,670
Available-for-sale securities:
Unrealized gain on available-for-sale securities during the period	38	164
Reclassification for gain realized on available-for-sale securities, reported in Other expense, net	(128)	0
Tax benefit (expense)	16	(222)
Net change in available-for-sale securities (net of tax)	(74)	(58)
Total other comprehensive (loss) income	(10,905)	22,612
Comprehensive income	$ 102,285	$ 97,926
[1]	As adjusted to reflect the impact of the retrospective application of ASC 606. See NOTE 2—Summary of Significant Accounting Policies for detailed information on adoption of ASC 606.
[2]	As adjusted to reflect the impact of the retrospective application of ASC 606. See NOTE 2—Summary of Significant Accounting Policies for detailed information on adoption of ASC 606.
[3]	As adjusted to reflect the impact of the retrospective application of ASC 606. See NOTE 2—Summary of Significant Accounting Policies for detailed information on adoption of ASC 606.

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	May 31, 2018	May 31, 2017
Cash flows from operating activities:
Net income	$ 113,190	$ 75,314	[1],[2],[3]
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	27,054	21,817	[2]
Amortization of debt discount and transaction costs	5,838	5,540	[2]
Deferred income taxes	(3,395)	7,917	[2]
Share-based compensation expense	46,005	43,718	[2]
Net amortization of bond premium on debt securities available for sale	743	2,436	[2]
Other	1,097	961	[2]
Changes in operating assets and liabilities:
Accounts receivable	299,439	208,761	[2]
Other receivables	(35,160)	(19,397)	[2]
Prepaid expenses	25,382	12,024	[2]
Accounts payable and accrued expenses	(28,642)	(55,326)	[2]
Deferred revenue	(104,592)	(45,717)	[2]
Other	(800)	(176)	[2]
Net cash provided by operating activities	346,159	257,872	[2]
Cash flows from investing activities:
Purchase of investment in debt securities available for sale	(108,336)	(149,524)	[2]
Proceeds from maturities of investment in debt securities available for sale	87,004	112,041	[2]
Proceeds from sales of investment in debt securities available for sale	525	14,324	[2]
Proceeds from sales of strategic equity investments	1,300	0	[2]
Purchase of developed software and other intangible assets	(2,866)	(1,774)	[2]
Purchase of property and equipment	(12,963)	(25,900)	[2]
Other	(986)	0	[2]
Net cash used in investing activities	(36,322)	(50,833)	[2]
Cash flows from financing activities:
Proceeds from exercise of common stock options	875	2,968	[2]
Proceeds from employee stock purchase program	15,262	11,761	[2]
Payments related to net settlement of share-based compensation awards	(77,094)	(41,010)
Purchase of treasury stock	(150,019)	(61,987)
Payments on other borrowings	(299)	(443)	[2]
Repayments of convertible notes	(25,953)	0	[2]
Net cash used in financing activities	(237,228)	(88,711)	[2]
Effect of foreign currency exchange rates on cash, cash equivalents and restricted cash	(28,261)	21,321	[2]
Net increase in cash, cash equivalents and restricted cash	44,348	139,649	[2]
Cash, cash equivalents and restricted cash at beginning of the period	1,724,132	1,090,808	[2]
Cash, cash equivalents and restricted cash at end of the period	1,768,480	1,230,457	[2]
Restricted cash included in cash, cash equivalents and restricted cash	$ 1,137	$ 3,112	[2]
[1]	As adjusted to reflect the impact of the retrospective application of ASC 606. See NOTE 2—Summary of Significant Accounting Policies for detailed information on adoption of ASC 606.
[2]	As adjusted to reflect the impact of the retrospective application of ASC 606. See NOTE 2—Summary of Significant Accounting Policies for detailed information on adoption of ASC 606.
[3]	As adjusted to reflect the impact of the retrospective application of ASC 606. See NOTE 2—Summary of Significant Accounting Policies for detailed information on adoption of ASC 606.

Company

Company	3 Months Ended
	May 31, 2018
Accounting Policies [Abstract]
Company	Company Red Hat, Inc., incorporated in Delaware, together with its subsidiaries (“Red Hat” or the “Company”) is a leading global provider of open source software solutions, using a community-powered approach to develop and offer reliable and high-performing operating system, virtualization, management, middleware, cloud, mobile and storage technologies. Open source software is an alternative to proprietary software and represents a different model for the development and licensing of commercial software code than that typically used for proprietary software. Because open source software code, generally, is freely shared, there are customarily no licensing fees for the use of open source software. Therefore, the Company does not recognize revenue from the licensing of the code itself. The Company provides value to its customers through the development, aggregation, integration, testing, certification, delivery, maintenance, enhancement and support of its Red Hat technologies, and by providing a level of performance, scalability, flexibility, reliability and security for the technologies the Company packages and distributes. Moreover, because communities of developers not employed by the Company assist with the creation of the Company’s open source offerings, opportunities for further innovation of the Company’s offerings are supplemented by these communities. The Company derives its revenue and generates cash from customers primarily from two sources: (i) subscription revenue and (ii) training and services revenue. These arrangements typically involve subscriptions to Red Hat technologies. The arrangements with the Company’s customers that produce this revenue and cash are explained in further detail in NOTE 2—Summary of Significant Accounting Policies.

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	May 31, 2018
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Basis of presentation The unaudited interim consolidated financial statements as of and for the three months ended May 31, 2018 have been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”) for interim financial reporting. These consolidated statements are unaudited and, in the opinion of management, include all adjustments (consisting of normal recurring adjustments and accruals) necessary for a fair statement of the consolidated balance sheets, consolidated operating results, consolidated other comprehensive income and consolidated cash flows for the periods presented in accordance with accounting principles generally accepted in the U.S. (“U.S. GAAP”). Operating results for the three months ended May 31, 2018 are not necessarily indicative of the results that may be expected for the fiscal year ending February 28, 2019 . Certain information and footnote disclosures normally included in annual financial statements prepared in accordance with U.S. GAAP have been omitted in accordance with the SEC’s rules and regulations for interim reporting. These unaudited financial statements should be read in conjunction with the Company’s Consolidated Financial Statements, including notes thereto, included in the Company’s Annual Report on Form 10-K for the fiscal year ended February 28, 2018 . Other than the accounting pronouncement adopted during the three months ended May 31, 2018 related to accounting for revenue from contracts with customers as described below, there have been no changes to the Company’s significant accounting policies from those described in NOTE 2—Summary of Significant Accounting Policies to the Consolidated Financial Statements contained in the Company’s Annual Report on Form 10-K for the fiscal year ended February 28, 2018 . The Company adopted Accounting Standards Update 2014-09, Revenue from Contracts with Customers , now commonly referred to as Accounting Standards Codification Topic 606 (“ASC 606”), effective March 1, 2018, using the full retrospective transition method. All amounts and disclosures set forth in this Form 10-Q have been updated to comply with the new standard and such information is designated “as adjusted.” Certain amounts for the three months ended May 31, 2017 have been reclassified to conform to the current period presentation. The Company’s fiscal year ends on the last day of February, and the Company identifies fiscal years by the calendar years in which they end. For example, the fiscal year ending February 28, 2019 is referred to as “fiscal 2019 .” Consolidation policy The accompanying Consolidated Financial Statements include the accounts of the Company and all of its wholly owned subsidiaries. All significant inter-company accounts and transactions are eliminated in consolidation. There are no significant foreign exchange restrictions on the Company’s foreign subsidiaries. Use of estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the balance sheet dates and the reported amounts of revenue and expenses during the reporting periods. Actual results could differ from such estimates. Estimates are used for, but not limited to, revenue recognition, goodwill and other long-lived assets, share-based compensation, income taxes and loss contingencies. Revenue recognition The Company derives its revenues from subscription contracts and training and service contracts. Revenue is recognized when performance obligations, as stipulated in the contracts, are transferred to a customer for an amount that reflects the consideration the Company expects to receive in exchange for those subscription contracts and training and service contracts. The Company applies the following five steps to recognize revenue: 1) Identify the contract with a customer. The Company determines that it has a contract with a customer when the contract is approved, the party’s rights regarding the products and services to be transferred can be identified, the payment terms for the products and services are identified, the customer’s ability and intent to pay can be determined, and the contract has commercial substance. Judgment is used to assess the customer’s ability and intent to pay, which is based upon factors including the customer’s historical payment experience or credit and financial information pertaining to the customer. 2) Identify the performance obligations in the contract. The Company’s performance obligations are identified based on the products and services that will be transferred to the customer that are both capable of being distinct and are distinct in the context of the contract and consist of (i) subscription offerings, including non-proprietary open-source software code delivered to the customer, software support subscriptions delivered to the customer, software support subscriptions embedded in partner products and learning subscriptions and (ii) training and services, including professional services sold at a fixed fee, professional services sold on a time-and-material-basis, training courses or units, and consulting units. In limited cases, the option to purchase additional subscription offerings or training and services may be offered at a price representing a material right. In such cases, the option to purchase is considered a distinct performance obligation. 3) Determine the transaction price. The Company determines transaction price based on the consideration expected to be received in exchange for transferring certain performance obligations to the customer. In determining the transaction price, variable consideration, if any, would be considered if, in management’s judgment, it is probable that a significant future reversal of cumulative revenue under the contract will not occur. The Company’s contracts do not contain significant financing components. Specifically, the Company does not typically extend customer payment terms beyond a standard 30 - to 60 -day term and as a result the Company has elected the one-year-or-less safe harbor expedient and does not impute any interest. The Company has elected to exclude all taxes from the transaction price (e.g. sales, use, value-added, etc). Revenue is recognized net of such taxes. 4) Allocate the transaction price to performance obligations in the contract. When a contract contains a single performance obligation, the entire transaction price is allocated to that one performance obligation. Contracts that contain multiple performance obligations require an allocation of the transaction price to each performance obligation based on a relative standalone selling price (“SSP”). The Company typically determines SSP based on the observable price when the Company sells the subscriptions or training and services separately, taking into consideration the geographical region of the customer, type of offering and sales channel. In instances where SSP is not directly observable, the Company determines SSP either from the renewal rate paid for the performance obligation to the extent it is the same rate as stipulated in the initial customer contract or by using the expected-cost-plus-margin approach. 5) Recognize revenue when or as the performance obligation is satisfied. Revenue is recognized at the time the related performance obligation is satisfied by transferring the promised subscription offerings and training and services to a customer. For each performance obligation, a determination is made as to whether the control is transferred over time or at a point in time. For performance obligations satisfied over time, a method to measure progress toward complete satisfaction is selected, based upon the most faithful depiction of performance. The selected method for each performance obligation type is applied consistently to similar contracts. Subscription revenue Subscription revenue is comprised of direct and indirect sales of subscriptions relating to Red Hat technologies. Accounts receivable and deferred revenue are recorded at the time a customer enters into a binding and non-cancellable subscription agreement for the purchase of a subscription, subscription services are made available to the customer and the customer is billed. The deferred revenue amount is recognized as revenue ratably over the subscription period. Red Hat technologies are generally offered with either one- or three-year base subscription periods; the majority of the Company’s subscriptions have one-year terms. Under these subscription agreements, renewal rates are generally specified for one or three-year renewal terms. Subscriptions generally entitle the end user to the technology itself and post-contract customer support, generally consisting of varying levels of support services as well as access to security updates, fixes, functionality enhancements, upgrades to the technologies, each on an if and when available basis, and compatibility with an ecosystem of certified hardware and software, during the term of the subscription. The Company sells its offerings through two principal channels: (1) direct, which includes sales by the Company’s sales force as well as web store sales, and (2) indirect, which includes certified cloud and service providers (“CCSPs”), distributors, original equipment manufacturers (“OEMs”), systems integrators and value added resellers. The Company recognizes revenue from the sale of Red Hat technologies ratably over the period of the subscription beginning on the commencement date of the subscription agreement. The Company has determined that the delivery of software code underlying the subscription is a distinct performance obligation as it is both capable of being distinct and is distinct within the context of a customer contract. The Company uses a non-proprietary open-source development and licensing model to provide its software technologies to customers and therefore the amount of transaction price allocated to the underlying software code is negligible. The Company derives a portion of its revenue from CCSPs that provide public clouds with, and allow users to consume, computing resources as a service. The Company earns revenue based on subscription units consumed by the CCSP or its end users. The Company uses its historical cloud-usage data to estimate the amount of revenue earned and recognized each month and adjusts to actual amounts earned upon receipt of usage reports from the CCSPs in the following month. The differences between actual amounts earned and estimates made have generally been insignificant. Training and services revenue Training and services revenue is comprised of revenue for consulting, engineering and customer training courses or units and education services. Consulting services consist of time-based units or fixed-fee arrangements. For time-based arrangements, revenue is recognized over time as these services are performed and for fixed-fee arrangements, revenue is recognized based on the proportion of services performed. Engineering services represent revenue earned under fixed-fee arrangements with the Company’s OEM partners and other customers to provide for significant modification and customization of Red Hat technologies. The Company recognizes revenue for these fixed-fee engineering services based on a proportional performance basis using actual costs incurred to date over the estimated total projected costs along with a representative profit margin. A representative profit margin is determined based on analysis of a population of similar contracts by region. Revenue for customer training and education services is recognized on the dates the services are performed. See NOTE 16 —Segment Reporting for further information, including revenue by geographic area and significant product and service offerings. Contract Balances Timing of revenue recognition may differ from the timing of invoicing to customers. The Company records a receivable when revenue is recognized prior to invoicing, or deferred revenue when revenue is recognized subsequent to invoicing. For multi-year arrangements, the Company will generally invoice customers upfront or annually at the beginning of each annual coverage period. See below for the accounting policy related to receivables and see NOTE 12 —Deferred Revenue and Performance Obligations for further information on deferred revenue balances. Accounts receivable and allowance for doubtful accounts Trade accounts receivable are recorded at the invoiced amount and do not bear interest. The allowance for doubtful accounts is the Company’s estimate of the amount of probable credit losses in the Company’s existing accounts receivable. The Company determines the allowance based on historical write-off experience and other qualitative factors. The Company reviews its allowance for doubtful accounts monthly. Past due balances over 90 days and over a specified amount are reviewed individually for collectability. All other balances are reviewed on a pooled basis by type of receivable. Account balances are charged off against the allowance when the Company determines it is probable the receivable will not be recovered. The Company does not have off-balance sheet credit exposure related to its customers. Unbilled receivables related to subscription and training and services contracts are included in accounts receivable. See NOTE 3 —Accounts Receivable for further information on accounts receivable balances. Deferred selling costs Deferred commissions are the incremental costs that are directly associated with non-cancellable subscription contracts with customers and consist of sales commissions and certain related fringe benefits earned by the Company’s sales force. The commissions are deferred and amortized on a straight-line basis over a period that approximates the subscription period. In determining the period that approximates the subscription period, the Company utilizes a portfolio approach that allows for the analysis of customer contracts with similar characteristics. The Company has determined that the effects on the financial statements of the portfolio approach would not differ materially from an individual customer contract analysis approach. The commission payments are paid in full subsequent to the month in which the customer’s service commences. The deferred commission amounts are recoverable through the future revenue streams under the non-cancellable customer contracts. In addition, the Company has the ability and intent under the commission plans with its sales force to recover commissions previously paid to its sales force in the event that customers breach the terms of their subscription agreements and do not fully pay for their subscription agreements. See NOTE 5 —Deferred Selling Costs for further information on deferred commissions and the related amortization of deferred commissions. Recent accounting pronouncements Accounting pronouncements adopted In January 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update 2016-01, Financial Instruments—Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities (“ASU 2016-01”). The FASB issued ASU 2016-01 to require equity investments with readily determinable fair values to be measured at fair value with changes in fair value recognized in net income. Equity investments that do not have readily determinable fair values are allowed to be remeasured upon the occurrence of an observable price change or upon identification of an impairment. Along with ASU 2016-01, the Company evaluated the Accounting Standards Update 2018-03, Technical Corrections and Improvements to Financial Instruments Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities (“ASU 2018-03”), which was issued in February 2018, and Accounting Standards Update 2018-04, Investments—Debt Securities (Topic 320) and Regulated Operations (Topic 980): Amendments to SEC Paragraphs Pursuant to SEC Staff Accounting Bulletin No. 117 and SEC Release No. 33-9273 (“ASU 2018-04”), which was issued in March 2018. The Company adopted ASU 2016-01, ASU 2018-03 and ASU 2018-04 as of March 1, 2018. The adoption of these standards did not significantly impact the Company’s Consolidated Financial Statements. In May 2014, the FASB issued Accounting Standards Update 2014-09, Revenue from Contracts with Customers , now commonly referred to as Accounting Standards Codification Topic 606 (“ASC 606”). The FASB issued ASC 606 to clarify the principles for recognizing revenue and to develop a common revenue standard for U.S. GAAP. The standard outlines a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and supersedes the most current revenue recognition guidance. ASC 606 requires the recognition of revenue when control of performance obligations as stipulated in the contracts, is transferred to a customer for an amount that reflects the consideration the entity expects to receive in exchange promised goods and services. The standard also includes Subtopic 340-40, Other Assets and Deferred Costs—Contracts with Customers, which requires the deferral of incremental costs of obtaining a contract with a customer. Collectively, ASC 606 and Subtopic 340-40 are referred to as “ASC 606.” The Company adopted ASC 606 as of March 1, 2018, utilizing the full retrospective method of transition, which requires a restatement of each prior reporting period presented. In adopting ASC 606, the Company used the practical expedient where the transaction price allocated to the remaining performance obligations before the date of the initial application is not disclosed. The Company implemented new policies, processes and systems to enable both the preparation of financial information and internal controls over financial reporting in connection with its adoption of ASC 606. The impact of adopting ASC 606 on the Company’s fiscal 2018 and fiscal 2017 revenue was not material. The primary impact of adopting the standard related to the deferral of incremental commission and other costs of obtaining contracts with customers. Previously, the Company deferred direct and incremental commission costs to obtain a contract and amortized those costs on a straight-line basis over a period that approximated the subscription period, and under ASC 606, the Company now also defers related fringe benefit costs. Select adjusted unaudited financial statement information, which reflects the Company’s adoption of ASC 606, is set forth below. Consolidated balance sheets (in thousands): February 28, 2018 As Reported Adjustments As Adjusted Prepaid expenses $ 260,092 $ 7,105 $ 267,197 Deferred tax assets, net $ 93,300 $ (694 ) $ 92,606 Other assets, net $ 87,924 $ 1,536 $ 89,460 Accounts payable and accrued expenses $ 427,086 $ 53 $ 427,139 Retained earnings $ 1,611,794 $ 7,894 $ 1,619,688 Consolidated statements of operations (in thousands, except per share amounts): Three Months Ended May 31, 2017 As Reported Adjustments As Adjusted Operating expense: Sales and marketing $ 296,459 $ (2,136 ) $ 294,323 Net income $ 73,190 $ 2,124 $ 75,314 Net income per share: Basic $ 0.41 $ 0.01 $ 0.42 Diluted $ 0.40 $ 0.01 $ 0.41 The Company’s adoption of ASC 606 had no impact on net cash provided by or used in operating, investing or financing activities for any of the periods reported. Accounting pronouncements being evaluated In February 2018, the FASB issued Accounting Standards Update 2018-02, Income Statement-Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income (“ASU 2018-02”). The FASB issued ASU 2018-02 to give entities the option to reclassify tax effects stranded in accumulated other comprehensive income as a result of the enactment of the Tax Cuts and Jobs Act (the “Tax Act”) to retained earnings. The guidance is effective for the Company as of the first quarter of its fiscal year ending February 28, 2020, with early adoption permitted. The Company is currently evaluating the impact that this updated standard will have on its consolidated financial statements. In February 2016, the FASB issued Accounting Standards Update 2016-02, Leases (Topic 842) (“ASU 2016-02”). The FASB issued ASU 2016-02 to increase transparency and comparability among organizations with respect to accounting for leases. Under ASU 2016-02, lessees will recognize a right-of-use asset and a lease liability for virtually all of their leases (other than leases that meet the definition of a short-term lease). The liability will be equal to the present value of lease payments. The asset will be based on the liability, subject to adjustment, such as for initial direct costs. For income statement purposes, the FASB retained a dual model, requiring leases to be classified as either operating or finance. This guidance is effective for the Company as of the first quarter of its fiscal year ending February 28, 2020. The Company continues to assess the impact of ASU 2016-02, including for example, any potential changes to and investments in the Company’s policies, processes, systems and internal controls over financial reporting that may be required to comply with the new guidance related to identifying and measuring right-of-use assets and lease liabilities.

Accounts Receivable

Accounts Receivable	3 Months Ended
	May 31, 2018
Receivables [Abstract]
Accounts Receivable	Accounts Receivable Accounts receivable are presented net of an allowance for doubtful accounts. Activity in the Company’s allowance for doubtful accounts is presented in the following table (in thousands): As of Balance at beginning of period Charged to (recovery of) expense Adjustments (1) Balance at end of period February 28, 2018 $ 2,791 172 (796 ) $ 2,167 May 31, 2018 $ 2,167 562 (163 ) $ 2,566 _______________ (1) Represents foreign currency translation adjustments and amounts written-off as uncollectible accounts receivable. Included in accounts receivable, net of allowance for doubtful accounts, are unbilled receivables of $28.6 million and $25.8 million as of May 31, 2018 and February 28, 2018 , respectively. As of May 31, 2018 and February 28, 2018 , no individual customer accounted for 10% or more of the Company’s accounts receivable.

Identifiable Intangible Assets

Identifiable Intangible Assets	3 Months Ended
	May 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Identifiable Intangible Assets	Identifiable Intangible Assets Identifiable intangible assets consist primarily of trademarks, copyrights and patents, purchased technologies, customer and reseller relationships and covenants not to compete, all of which are amortized over the estimated useful life, generally on a straight-line basis, with the exception of customer and reseller relationships, which are generally amortized over the greater of straight-line over the estimated useful life or the related asset’s pattern of economic benefit. Useful lives range from two to 10 years . As of May 31, 2018 and February 28, 2018 , trademarks with an indefinite estimated useful life totaled $11.6 million and $12.0 million , respectively. The following is a summary of identifiable intangible assets (in thousands): May 31, 2018 February 28, 2018 Gross Accumulated Net Gross Accumulated Net Trademarks, copyrights and patents $ 169,385 $ (73,732 ) $ 95,653 $ 167,005 $ (70,749 ) $ 96,256 Purchased technologies 210,714 (98,336 ) 112,378 208,096 (93,748 ) 114,348 Customer and reseller relationships 105,665 (96,735 ) 8,930 106,076 (95,558 ) 10,518 Covenants not to compete 15,565 (14,300 ) 1,265 15,861 (14,324 ) 1,537 Other intangible assets 8,833 (6,883 ) 1,950 8,833 (6,539 ) 2,294 Total identifiable intangible assets $ 510,162 $ (289,986 ) $ 220,176 $ 505,871 $ (280,918 ) $ 224,953 Amortization expense associated with identifiable intangible assets recognized in the Company’s Consolidated Financial Statements is summarized as follows (in thousands): Three Months Ended May 31, 2018 May 31, 2017 Cost of revenue $ 6,485 $ 4,180 Sales and marketing 1,362 1,459 Research and development 34 34 General and administrative 2,373 1,826 Total amortization expense $ 10,254 $ 7,499

Deferred Selling Costs

Deferred Selling Costs	3 Months Ended
	May 31, 2018
Revenue from Contract with Customer [Abstract]
Deferred Selling Costs	Deferred Selling Costs Deferred selling costs include commissions paid to the Company’s sales associates that are the incremental costs incurred to obtain contracts with customers. The commissions are deferred and amortized over a period to approximate the period of the subscription term. For further discussion on deferred commissions, see NOTE 2 —Summary of Significant Accounting Policies. Current and non-current deferred commissions are included in Prepaid expenses and Other assets, respectively, on the Company’s Consolidated Balance Sheets and are as follows (in thousands): May 31, 2018 February 28, 2018 (1) Deferred commissions, current $ 181,901 $ 188,944 Deferred commissions, non-current 39,295 48,653 Total deferred commissions $ 221,196 $ 237,597 ____________________ (1) As adjusted to reflect the impact of the retrospective application of ASC 606. See NOTE 2—Summary of Significant Accounting Policies for detailed information on adoption of ASC 606. Amortization of deferred commissions is included in Sales and marketing expense on the Company’s Consolidated Statements of Operations. Amortization expense related to deferred commissions totaled $56.2 million and $44.1 million for the three months ended May 31, 2018 and May 31, 2017 , respectively. There was no impairment loss in relation to the costs capitalized for the periods presented. Deferred Revenue and Performance Obligations Activity in the Company’s deferred revenue accounts is presented in the following table (in thousands): February 28, 2018 Revenue recognized from opening balance Deferred revenue, net (1) May 31, 2018 Deferred revenue, short-term $ 1,853,719 $ (611,353 ) $ 478,934 $ 1,721,300 Deferred revenue, long-term 741,453 — (18,246 ) 723,207 Total deferred revenue $ 2,595,172 $ (611,353 ) $ 460,688 $ 2,444,507 _______________ (1) Includes revenue recognized from current period customer contracts and the impact from foreign currency exchange rate fluctuations. As of May 31, 2018 , the value of customer contracts allocated to performance obligations not yet satisfied, including $2.44 billion of total deferred revenue, was approximately $3.20 billion , of which approximately 60% is expected to be recognized as revenue within the next 12 months and the remainder thereafter. In addition to the approximately $3.20 billion of customer contract value allocated to performance obligations not yet satisfied, as of May 31, 2018 , the Company has offered customers options to purchase additional services at an agreed-upon price per hour that total approximately $122.8 million . The summation of the customer contract value allocated to performance obligations not yet satisfied and the options to purchase additional services equals approximately $3.33 billion , which the Company considers as its total backlog.

Derivative Instruments

Derivative Instruments	3 Months Ended
	May 31, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments	Derivative Instruments The Company transacts business in various foreign countries and is, therefore, subject to risk of foreign currency exchange rate fluctuations. From time to time, the Company enters into forward contracts to economically hedge transactional exposure associated with commitments arising from trade accounts receivable, trade accounts payable and fixed purchase obligations denominated in a currency other than the functional currency of the respective operating entity. All derivative instruments are recorded on the Consolidated Balance Sheets at their respective fair values. The Company has elected not to prepare and maintain the documentation required to qualify for hedge accounting treatment and, therefore, changes in fair value are recorded in the Consolidated Statements of Operations. See NOTE 15 —Assets and Liabilities Measured at Fair Value on a Recurring Basis for information regarding the fair value hierarchy of derivative instruments. The effects of derivative instruments on the Company’s Consolidated Financial Statements are as follows (in thousands): May 31, 2018 Classification of Three Months Ended May 31, 2018 Balance Sheet Fair Notional Assets—foreign currency forward contracts not designated as hedges Other current assets $ 111 $ 21,554 Other expense, net $ 289 Liabilities—foreign currency forward contracts not designated as hedges Accounts payable and accrued expenses (790 ) 28,112 Other expense, net (1,136 ) Total $ (679 ) $ 49,666 $ (847 ) May 31, 2017 Classification of Three Months Ended May 31, 2017 Balance Sheet Fair Notional Assets—foreign currency forward contracts not designated as hedges Other current assets $ 278 $ 18,901 Other expense, net $ 605 Liabilities—foreign currency forward contracts not designated as hedges Accounts payable and accrued expenses (137 ) 27,053 Other expense, net (320 ) Total $ 141 $ 45,954 $ 285

Income Taxes

Income Taxes	3 Months Ended
	May 31, 2018
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes On December 22, 2017, the Tax Cuts and Jobs Act (“Tax Act”) was enacted into law. This new law includes significant changes to the U.S. corporate income tax system, including a permanent reduction in the corporate income tax rate from 35% to 21%, limitations on the deductibility of interest expense and executive compensation, elimination of the domestic production activities deduction and the transition of U.S. international taxation from a worldwide tax system to a territorial tax system. In December 2017, the SEC staff issued Staff Accounting Bulletin 118 (“SAB 118”), which provides guidance on accounting for the tax effects of the Tax Act. SAB 118 provides a measurement period that should not extend beyond one year from the Tax Act enactment date for companies to complete the accounting under ASC Topic 740 —Income Taxes (“ASC 740”). The Company has calculated as final its re-measurement of deferred taxes and uncertain tax positions. While the Company has substantially completed its provisional analysis of the income tax effects of the Tax Act and recorded a reasonable estimate of such effects, the Company regards as provisional the transition tax, withholding and other taxes on future repatriation of cash, and the accounting for compensation accruals. These provisional tax effects may differ during the measurement period, possibly materially, due to further refinement of the calculations, changes in interpretations and assumptions made, and additional guidance that may be issued by the Department of the U.S. Treasury, the Internal Revenue Service, and other regulatory and standard setting bodies. The Company will complete its analysis within fiscal 2019 consistent with the guidance provided in SAB 118, and any adjustments during this measurement period will be included in net earnings from continuing operations as an adjustment to income tax expense in the reporting period when such adjustments are determined. No such adjustments were included in income tax expense for the three months ended May 31, 2018 . The effective tax rate for the three months ended May 31, 2018 of (1.5)% , differed from the U.S. federal statutory rate of 21% primarily due to excess tax benefits from share-based compensation, research tax credits and the impact from the Tax Act. Tax expense for the three months ended May 31, 2018 included net discrete tax benefits of $26.8 million , primarily related to net excess tax benefits from share-based compensation. For the three months ended May 31, 2017 , the Company’s then-effective tax rate of 13.5% (1) , differed from the U.S. federal statutory rate of 35% primarily due to excess tax benefits from share-based compensation, foreign income taxes at lower rates and research tax credits. Tax expense for the three months ended May 31, 2017 included net discrete tax benefits of $11.6 million , primarily related to net excess tax benefits from share-based compensation. The Company files a consolidated U.S. federal income tax return, as well as separate and combined income tax returns in numerous state and international jurisdictions. The Company is currently subject to examination by various taxing jurisdictions. The Company regularly assesses the potential outcomes of both ongoing and future examinations for the current and prior years, and believes that its provision for income taxes is adequate. The outcome of any one examination is not expected to have a material impact on the Company’s consolidated financial statements. The Company believes that some of these audits and negotiations may conclude during the next 12 months. As of May 31, 2018 , it is reasonably possible that total unrecognized tax benefits may be reduced by up to $0.1 million within the next 12 months primarily as a result of statutes of limitations expirations in various tax jurisdictions , all of which would affect the Company’s effective tax rate. ____________________ (1) As adjusted to reflect the impact of the retrospective application of ASC 606. See NOTE 2—Summary of Significant Accounting Policies for detailed information on adoption of ASC 606.

Convertible Notes

Convertible Notes	3 Months Ended
	May 31, 2018
Debt Disclosure [Abstract]
Convertible Notes	Convertible Notes Convertible note offering On October 7, 2014, the Company completed its offering of $805.0 million aggregate principal amount of the convertible notes. The convertible notes were sold in a private placement under a purchase agreement, dated as of October 1, 2014 , entered into by and among the Company and the initial purchasers, for resale to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. For additional information, see NOTE 11—Convertible Notes to the Consolidated Financial Statements contained in the Company’s Annual Report on Form 10-K for the fiscal year ended February 28, 2018 . Indenture On October 7, 2014, the Company entered into an indenture (the “Indenture”) with respect to the convertible notes with U.S. Bank National Association, as trustee (the “Trustee”). Under the Indenture, the convertible notes are senior unsecured obligations of the Company and bear interest at a rate of 0.25% per year, payable semiannually in arrears on April 1 and October 1 of each year, beginning on April 1, 2015. The convertible notes will mature on October 1, 2019 , unless previously purchased or converted. The convertible notes are convertible into shares of the Company’s common stock at an initial conversion rate of 13.6219 shares per $1,000 principal amount of the convertible notes (which is equivalent to an initial conversion price of approximately $73.41 per share), subject to adjustment upon the occurrence of certain events. Upon conversion of the convertible notes, holders will receive cash or shares of the Company’s common stock or a combination thereof, at the Company’s election. At their option, holders may convert their convertible notes prior to the close of business on the business day immediately preceding April 1, 2019, only upon the occurrence of certain circumstances. For example, during any fiscal quarter commencing after the fiscal quarter ended on November 30, 2014 (and only during such fiscal quarter), if the last reported sale price of the Company’s common stock for at least 20 trading days (whether or not consecutive) during the period of 30 consecutive trading days ending on the last trading day of the immediately preceding fiscal quarter is greater than or equal to 130% of the conversion price, the convertible notes become convertible at the holders’ option. The price of the Company’s common stock was greater than or equal to 130% of the conversion price, which is $95.43 , for at least 20 trading days during the 30 consecutive trading days ending on the last trading day of each of the fiscal quarters ended August 31, 2017 through May 31, 2018. Therefore, as of May 31, 2018 , the convertible notes remain convertible at the holders’ option until August 31, 2018. On and after April 1, 2019, holders may convert their convertible notes at any time until the close of business on the second scheduled trading day immediately preceding the maturity date of the convertible notes. During the first quarter of the fiscal year ending February 28, 2019 , the Company settled notices of conversion with respect to $26.0 million aggregate principal amount of the convertible notes and elected to settle such conversions by paying cash for the principal amount and issuing 185,252 shares of common stock for the excess conversion value. During the three months ended May 31, 2018 , the Company recognized a loss on settled conversions of $0.3 million . Total settled conversions as of May 31, 2018 amounted to $26.0 million aggregate principal amount of the convertible notes. The Company expects to settle conversions of $202.3 million in principal amount of the convertible notes in the second quarter of the fiscal year ending February 28, 2019 by paying cash for the principal amount and issuing shares of common stock for the excess conversion value. The Company continues to receive conversion requests and as of July 6, 2018 , such incremental requests totaled $45.3 million in principal amount of the convertible notes. The aggregate principal amount of the convertible notes remaining is expected to be $531.4 million after the expected conversion settlements as discussed above and the incremental conversion requests received as of July 6, 2018 . Based on the closing price of the Company’s common stock of $162.42 on the last trading day of the first quarter of the fiscal year ending February 28, 2019 , the if-converted value of the convertible notes as of May 31, 2018 exceeded their principal amount by approximately $944.5 million . The Company continues to classify the net carrying amount of the convertible notes as a long-term liability, except for $194.5 million , classified as current and expected to be cash-settled within the next fiscal quarter. The equity component of the convertible notes will continue to be classified as additional paid-in capital because the Company has the option to settle the principal amount in shares and the convertible notes’ maturity date is more than 12 months away. However, it is the Company’s intent to settle the principal amount of the convertible notes in cash. The conversion rate is subject to customary anti-dilution adjustments. If certain corporate events described in the Indenture occur prior to the maturity date, the conversion rate will be increased for a holder who elects to convert its convertible notes in connection with such corporate event in certain circumstances. The convertible notes are not redeemable prior to maturity, and no sinking fund is provided for the notes. If the Company undergoes a “fundamental change,” as defined in the Indenture, subject to certain conditions, holders may require the Company to purchase for cash all or any portion of their convertible notes. The fundamental change purchase price will be 100% of the principal amount of the convertible notes to be purchased plus any accrued and unpaid special interest up to but excluding the fundamental change purchase date. The Indenture contains customary terms and covenants, including that upon certain events of default occurring and continuing, either the Trustee or the holders of at least 25% in principal amount of the outstanding convertible notes may declare 100% of the principal of, and accrued and unpaid interest, if any, on, all the convertible notes to be due and payable. In accounting for the issuance of the convertible notes, the Company separated the convertible notes into liability and equity components. The Company allocated the total transaction costs incurred to the liability and equity components based on their relative fair values. Issuance costs attributable to the liability component are being amortized to interest expense over the term of the convertible notes. The excess of the face value of the convertible notes as a whole over the carrying amount of the liability component (the “debt discount”) is being amortized to interest expense over the term of the convertible notes. The convertible notes consisted of the following (in thousands): May 31, 2018 February 28, 2018 Liability component: Principal $ 779,013 $ 804,966 Less: debt issuance costs (3,864 ) (4,695 ) Less: debt discount (26,102 ) (32,271 ) Net carrying amount $ 749,047 $ 768,000 Equity component (1) $ 96,051 $ 96,890 __________ (1) Recognized in the Consolidated Balance Sheets in Additional paid-in capital. The following table includes total interest expense recognized related to the convertible notes (in thousands): Three Months Ended May 31, 2018 May 31, 2017 Coupon rate 0.25% per year, payable semiannually $ 471 $ 503 Amortization of convertible note issuance costs — liability component 831 673 Accretion of debt discount 5,007 4,867 Total interest expense related to convertible notes $ 6,309 $ 6,043 The fair value of the convertible notes, which was determined based on inputs that are observable in the market (Level 2), and the carrying value of convertible notes (the carrying value excludes the equity component of the convertible notes classified in equity) is as follows (in thousands): May 31, 2018 Fair Value Carrying Value Convertible notes $ 753,518 $ 749,047 Convertible note hedge transactions and warrant transactions On October 1, 2014, the Company entered into convertible note hedge transactions and warrant transactions with certain of the initial purchasers of the convertible notes or their respective affiliates. In connection with the conversions of the convertible notes that settled in the first quarter of the fiscal year ending February 28, 2019 , the Company exercised a portion of the options that are part of the convertible note hedge transactions for 185,239 shares of the Company’s common stock. The convertible note hedge transactions are expected to offset, to the extent the Company’s common stock per share price does not exceed $101.65 , the potential dilution with respect to shares of the Company’s common stock upon any conversion of the convertible notes and/or offset any cash payments the Company is required to make in excess of the principal amount of the converted notes, as the case may be. To partially offset the $148.0 million cost of the convertible note hedge transactions, the Company issued warrants and received proceeds of $79.8 million . The number of shares of the Company’s common stock underlying the warrants total 10,965,630 , the number of shares originally underlying the convertible notes and the convertible note hedge transactions. The combination of the convertible note hedge transactions and the warrant transactions effectively increases the initial conversion price of the convertible notes from $73.41 per share to $101.65 per share. As a result, the warrant transactions will have a dilutive effect with respect to the Company’s common stock to the extent that the market price per share of the Company’s common stock, as measured under the terms of the warrant transactions, exceeds the $101.65 strike price of the warrants. For the three months ended May 31, 2018 , the warrants were included in the computation of diluted shares outstanding because the warrants’ exercise price was less than the average market price of the Company’s common stock during the related period. However, subject to certain conditions, the Company may elect to settle all of the warrants in cash.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	May 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Operating leases As of May 31, 2018 , the Company leased office space and certain equipment under various non-cancellable operating leases. Rent expense under operating leases for the three months ended May 31, 2018 and May 31, 2017 was $13.4 million and $12.5 million , respectively. Product indemnification The Company is a party to a variety of agreements pursuant to which it may be obligated to indemnify the other party from losses arising in connection with the Company’s services or products, or from losses arising in connection with certain events defined within a particular contract, which may include litigation or claims relating to intellectual property infringement, certain losses arising from damage to property or injury to persons or other matters. In each of these circumstances, payment by the Company is conditioned on the other party making a claim pursuant to the procedures specified in the particular contract, which procedures typically allow the Company to challenge the other party’s claims. Further, the Company’s obligations under these agreements may in certain cases be limited in terms of time and/or amount, and in some instances, the Company may have recourse against third parties for certain payments made by the Company. It is not possible to predict the maximum potential amount of future payments under these or similar agreements due to the conditional nature of the Company’s obligations and the facts and circumstances involved in each particular agreement. The Company does not record a liability for claims related to indemnification unless the Company concludes that the likelihood of a material claim is probable and estimable. Payments pursuant to these indemnification claims during the three months ended May 31, 2018 and May 31, 2017 were, in the aggregate, immaterial.

Legal Proceedings

Legal Proceedings	3 Months Ended
	May 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Legal Proceedings	Legal Proceedings The Company experiences routine litigation in the normal course of its business, including patent litigation. The Company presently believes that the outcome of this routine litigation will not have a material adverse effect on its financial position, results of operations or cash flows.

Stockholders' Equity

Stockholders' Equity	3 Months Ended
	May 31, 2018
Equity [Abstract]
Stockholders' Equity	Stockholders’ Equity The following table summarizes the changes in the Company’s stockholders’ equity during the three months ended May 31, 2018 (in thousands): Common Additional Retained (1) Treasury Accumulated Total Balance at February 28, 2018 $ 24 $ 2,416,080 $ 1,619,688 $ (2,525,072 ) $ (32,596 ) $ 1,478,124 Net income — — 113,190 — — 113,190 Other comprehensive loss, net of tax — — — — (10,905 ) (10,905 ) Vest and exercise of share-based awards — 875 — — — 875 Common stock repurchase — (17,175 ) — (132,844 ) — (150,019 ) Share-based compensation expense — 46,005 — — — 46,005 Minimum tax withholdings paid by the Company on behalf of employees related to net settlement of employee share-based awards — (77,094 ) — — — (77,094 ) Re-issuance of treasury stock under employee stock purchase plan — 18,471 — 13,740 — 32,211 Convertible note conversions — (835 ) — — — (835 ) Exercises of convertible note hedges — 13,598 — (13,598 ) — — Cumulative-effect adjustment from adoption of ASU 2016-01 — 392 — — 392 Balance at May 31, 2018 $ 24 $ 2,399,925 $ 1,733,270 $ (2,657,774 ) $ (43,501 ) $ 1,431,944 ____________________ (1) As adjusted to reflect the impact of the retrospective application of ASC 606. See NOTE 2—Summary of Significant Accounting Policies for detailed information on adoption of ASC 606. The following table summarizes the changes in the Company’s stockholders’ equity during the three months ended May 31, 2017 (in thousands): Common Additional Retained (1) Treasury Accumulated Total Balance at February 28, 2017 $ 24 $ 2,294,462 $ 1,357,837 $ (2,311,805 ) $ (88,352 ) $ 1,252,166 Net income — — 75,314 — — 75,314 Other comprehensive income, net of tax — — — — 22,612 22,612 Vest and exercise of share-based awards — 2,968 — — — 2,968 Common stock repurchase — — — (61,987 ) — (61,987 ) Share-based compensation expense — 43,718 — — — 43,718 Minimum tax withholdings paid by the Company on behalf of employees related to net settlement of employee share-based awards — (41,010 ) — — — (41,010 ) Re-issuance of treasury stock under employee stock purchase plan — — — 23,748 — 23,748 Other adjustments — (5,015 ) — — — (5,015 ) Balance at May 31, 2017 $ 24 $ 2,295,123 $ 1,433,151 $ (2,350,044 ) $ (65,740 ) $ 1,312,514 ____________________ (1) As adjusted to reflect the impact of the retrospective application of ASC 606. See NOTE 2—Summary of Significant Accounting Policies for detailed information on adoption of ASC 606. Share Repurchase Programs On June 22, 2016, the Company announced that its Board of Directors authorized the repurchase of up to $1.0 billion of Red Hat’s common stock from time to time on the open market or in privately negotiated transactions. The program commenced on July 1, 2016, and expired on June 30, 2018 . During the three months ended May 31, 2018 , the Company repurchased 948,638 shares of its common stock at an aggregate cost of $150.0 million under this repurchase program. These amounts are recognized in Treasury stock on the Company’s Consolidated Balance Sheets except for $17.2 million , representing 103,744 shares, recognized in Additional paid-in capital. The $17.2 million , representing 103,744 shares, will be reclassified to Treasury stock in the quarter ending August 31, 2018. From its commencement on July 1, 2016 through May 31, 2018 , the Company repurchased 8,167,871 shares of its common stock for $751.3 million under this program. As of May 31, 2018 , the amount available under this program for the repurchase of the Company’s common stock was $248.7 million . On June 21, 2018, the Company announced that its Board authorized a new repurchase program effective July 1, 2018, replacing the repurchase program described above that expired on June 30, 2018. See NOTE 18 —Subsequent Events for additional information regarding the Company’s new share repurchase program. Accumulated other comprehensive loss Accumulated other comprehensive loss was comprised of the following (in thousands): May 31, 2018 February 28, 2018 Accumulated loss from foreign currency translation adjustment $ (40,510 ) $ (29,679 ) Accumulated unrealized loss, net of tax, on available-for-sale securities (2,991 ) (2,917 ) Accumulated other comprehensive loss $ (43,501 ) $ (32,596 )

Deferred Revenue and Performanc

Deferred Revenue and Performance Obligations	3 Months Ended
	May 31, 2018
Revenue from Contract with Customer [Abstract]
Deferred Revenue and Performance Obligations	Deferred Selling Costs Deferred selling costs include commissions paid to the Company’s sales associates that are the incremental costs incurred to obtain contracts with customers. The commissions are deferred and amortized over a period to approximate the period of the subscription term. For further discussion on deferred commissions, see NOTE 2 —Summary of Significant Accounting Policies. Current and non-current deferred commissions are included in Prepaid expenses and Other assets, respectively, on the Company’s Consolidated Balance Sheets and are as follows (in thousands): May 31, 2018 February 28, 2018 (1) Deferred commissions, current $ 181,901 $ 188,944 Deferred commissions, non-current 39,295 48,653 Total deferred commissions $ 221,196 $ 237,597 ____________________ (1) As adjusted to reflect the impact of the retrospective application of ASC 606. See NOTE 2—Summary of Significant Accounting Policies for detailed information on adoption of ASC 606. Amortization of deferred commissions is included in Sales and marketing expense on the Company’s Consolidated Statements of Operations. Amortization expense related to deferred commissions totaled $56.2 million and $44.1 million for the three months ended May 31, 2018 and May 31, 2017 , respectively. There was no impairment loss in relation to the costs capitalized for the periods presented. Deferred Revenue and Performance Obligations Activity in the Company’s deferred revenue accounts is presented in the following table (in thousands): February 28, 2018 Revenue recognized from opening balance Deferred revenue, net (1) May 31, 2018 Deferred revenue, short-term $ 1,853,719 $ (611,353 ) $ 478,934 $ 1,721,300 Deferred revenue, long-term 741,453 — (18,246 ) 723,207 Total deferred revenue $ 2,595,172 $ (611,353 ) $ 460,688 $ 2,444,507 _______________ (1) Includes revenue recognized from current period customer contracts and the impact from foreign currency exchange rate fluctuations. As of May 31, 2018 , the value of customer contracts allocated to performance obligations not yet satisfied, including $2.44 billion of total deferred revenue, was approximately $3.20 billion , of which approximately 60% is expected to be recognized as revenue within the next 12 months and the remainder thereafter. In addition to the approximately $3.20 billion of customer contract value allocated to performance obligations not yet satisfied, as of May 31, 2018 , the Company has offered customers options to purchase additional services at an agreed-upon price per hour that total approximately $122.8 million . The summation of the customer contract value allocated to performance obligations not yet satisfied and the options to purchase additional services equals approximately $3.33 billion , which the Company considers as its total backlog.

Earnings Per Share

Earnings Per Share	3 Months Ended
	May 31, 2018
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share The Company computes basic net income per common share by dividing net income available to common stockholders by the weighted average number of common shares outstanding. Diluted net income per common share is computed by dividing net income by the weighted average number of common shares and dilutive potential common share equivalents then outstanding. Potential common share equivalents consist of shares issuable upon the exercise of stock options, vesting of share-based awards, settlement of convertible notes, or exercise of warrants. The following table reconciles the numerators and denominators of the earnings per share (“EPS”) calculation (in thousands, except per share amounts): Three Months Ended May 31, 2018 May 31, 2017 (1) Net income, basic and diluted $ 113,190 $ 75,314 Weighted average common shares outstanding 177,302 177,243 Incremental shares attributable to assumed vesting or exercise of outstanding equity award shares 3,833 2,974 Dilutive effect of convertible notes 5,686 1,593 Dilutive effect of warrants 3,918 — Diluted shares 190,739 181,810 Diluted net income per share $ 0.59 $ 0.41 ____________________ (1) As adjusted to reflect the impact of the retrospective application of ASC 606. See NOTE 2—Summary of Significant Accounting Policies for detailed information on adoption of ASC 606 . With respect to the Company’s convertible notes, the Company has the option to pay cash or deliver, as the case may be, either cash, shares of its common stock or a combination of cash and shares of its common stock for the aggregate amount due upon conversion of the convertible notes. The Company’s intent is to settle the principal amount of the convertible notes in cash upon conversion. As a result, upon conversion of the convertible notes, only the amounts payable in excess of the principal amounts of the convertible notes are considered in diluted EPS under the treasury stock method. See NOTE 8 —Convertible Notes for detailed information on the convertible notes. Warrants to purchase 10,965,630 shares of the Company’s common stock at $101.65 per share were outstanding during the three months ended May 31, 2018 and May 31, 2017 . For the three months ended May 31, 2018 , the warrants were included in the computation of diluted EPS because the warrants’ exercise price was less than the average market price of the Company’s common stock during the related period. The following share awards are not included in the computation of diluted EPS because the aggregate value of proceeds considered received upon either exercise or vesting was greater than the average market price of the Company’s common stock during the related periods and the effect of including such share awards in the computation would be anti-dilutive (in thousands): Three Months Ended May 31, 2018 May 31, 2017 Number of shares considered anti-dilutive for calculating diluted EPS — 14

Share-based Awards

Share-based Awards	3 Months Ended
	May 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-based Awards	Share-based Awards The Company measures share-based compensation cost at the grant date, based on the estimated fair value of the award and recognizes the cost over the employee requisite service period, typically on a straight-line basis. The Company estimates the fair value of stock options using the Black-Scholes-Merton valuation model. The fair value of nonvested share awards, nonvested share units and performance share units are measured at their underlying closing share price on the day of grant. The following summarizes share-based compensation expense recognized in the Company’s Consolidated Financial Statements (in thousands): Three Months Ended May 31, 2018 May 31, 2017 Cost of revenue $ 5,128 $ 3,948 Sales and marketing 19,520 20,612 Research and development 14,782 13,447 General and administrative 6,575 5,711 Total share-based compensation expense (1) $ 46,005 $ 43,718 __________ (1) Total share-based compensation expense included $4.0 million and $2.9 million , respectively, of expense related to the Company’s employee stock purchase plan (“ESPP”) for the three months ended May 31, 2018 and May 31, 2017 . Share-based compensation expense qualifying for capitalization was insignificant for each of the three months ended May 31, 2018 and May 31, 2017 . Accordingly, no share-based compensation expense was capitalized during these periods. The following table summarizes the Company’s share-based awards granted, by type: Three Months Ended May 31, 2018 May 31, 2017 Shares and Shares Underlying Awards Weighted Shares and Weighted Service-based shares and share units 669,450 $ 160.53 838,395 $ 86.17 Performance share units—target 173,014 (1) $ 163.56 261,760 $ 87.99 Performance share awards 64,219 (2) $ 163.56 104,362 $ 87.99 Total share-based awards 906,683 $ 161.32 1,204,517 $ 86.72 __________ (1) Certain executives and senior management were awarded a target number of performance share units (“PSUs”). PSU grantees may earn up to 200% of the target number of PSUs. Half of the target number of PSUs can be earned by the grantees depending upon the Company’s financial performance measured against the financial performance of specified peer companies during a three-year performance period beginning on March 1, 2018. The remaining target number of PSUs can be earned by the grantees depending upon the Company’s total shareholder return performance measured against the total shareholder return performance of specified peer companies during a three-year period beginning on March 1, 2018. (2) Certain executives were granted restricted stock awards. These shares were awarded subject to the achievement of a specified dollar amount of revenue for the fiscal year ending February 28, 2019 (the “RSA Performance Goal”). If the Company fails to achieve the RSA Performance Goal then all such shares are forfeited. If the Company achieves the RSA Performance Goal then 25% of the restricted stock vests on or about July 16, 2019, and the remainder vests ratably on a quarterly basis over the course of the subsequent three -year period, provided that the grantee’s business relationship with the Company has not ceased.

Assets and Liabilities Measured

Assets and Liabilities Measured at Fair Value on a Recurring Basis	3 Months Ended
	May 31, 2018
Fair Value Disclosures [Abstract]
Assets and Liabilities Measured at Fair Value on a Recurring Basis	Assets and Liabilities Measured at Fair Value on a Recurring Basis Fair value is defined as the exchange price that would be received for the purchase of an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for such asset or liability in an orderly transaction between market participants on the measurement date. Valuation techniques used to measure fair value should maximize the use of observable inputs and minimize the use of unobservable inputs. To measure fair value, the Company uses the following fair value hierarchy based on three levels of inputs, of which the first two are considered observable and the last unobservable: Level 1—Quoted prices in active markets for identical assets or liabilities. Level 2—Inputs other than Level 1 that are observable, either directly or indirectly, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 3—Unobservable inputs that are supported by little or no market activity and are significant to the fair value of the assets or liabilities. The Company’s investments are comprised primarily of debt securities that are classified as available for sale and recorded at their fair values. Liquid investments with effective maturities of three months or less at the date of purchase are classified as cash equivalents. Investments with remaining effective maturities of twelve months or less from the balance sheet date are classified as short-term investments. Investments with remaining effective maturities of more than twelve months from the balance sheet date are classified as long-term investments. The Company’s Level 1 financial instruments are valued using quoted prices in active markets for identical instruments. The Company’s Level 2 financial instruments, including derivative instruments, are valued using quoted prices for identical instruments in less active markets or using other observable market inputs for comparable instruments. Unrealized gains and temporary losses on investments classified as available for sale are included within accumulated other comprehensive income, net of any related tax effect. Realized gains and losses are recorded using the specific identification method and upon realization, such amounts are reclassified from accumulated other comprehensive income to Other expense, net . Realized gains and losses and other than temporary impairments, if any, are reflected in the Company’s Consolidated Statements of Operations as Other expense, net . The Company does not recognize changes in the fair value of its investments in income unless a decline in value is considered other than temporary. The vast majority of the Company’s investments are priced by pricing vendors. These pricing vendors use the most recent observable market information in pricing these securities or, if specific prices are not available for these securities, use other observable inputs. In the event observable inputs are not available, the Company assesses other factors to determine the security’s fair value, including broker quotes or model valuations. Independent price verifications of all holdings are performed by pricing vendors that are then reviewed by the Company. In the event a price fails a pre-established tolerance check, it is researched so that the Company can assess the cause of the variance to determine what the Company believes is the appropriate fair value. The Company minimizes its credit risk associated with investments by investing primarily in investment-grade, liquid securities. The Company’s policy is designed to limit exposures to any one issuer depending on credit quality. Periodic evaluations of the relative credit standing of those issuers are considered in the Company’s investment strategy. The following table summarizes the composition and fair value hierarchy of the Company’s financial assets and liabilities at May 31, 2018 (in thousands): May 31, 2018 Level 1 Level 2 Level 3 Assets: Money markets (1) $ 349,062 $ 349,062 $ — $ — Interest-bearing deposits (1) 87,494 — 87,494 — Available-for-sale securities (1) : Commercial paper 609,776 — 609,776 — U.S. agency securities 303,837 — 303,837 — Corporate securities 357,380 — 357,380 — Foreign currency derivatives (2) 111 — 111 — Liabilities: Foreign currency derivatives (3) (790 ) — (790 ) — Total $ 1,706,870 $ 349,062 $ 1,357,808 $ — __________ (1) Included in Cash, cash equivalents and restricted cash, Investments in debt and equity securities, short-term or Investments in debt securities, long-term in the Company’s Consolidated Balance Sheet at May 31, 2018 , in addition to $819.6 million of cash. (2) Included in Other current assets in the Company’s Consolidated Balance Sheet at May 31, 2018 . (3) Included in Accounts payable and accrued expenses in the Company’s Consolidated Balance Sheet at May 31, 2018 . The following table summarizes the composition and fair value hierarchy of the Company’s financial assets and liabilities at February 28, 2018 (in thousands): February 28, 2018 Level 1 Level 2 Level 3 Assets: Money markets (1) $ 334,665 $ 334,665 $ — $ — Interest-bearing deposits (1) 61,125 — 61,125 — Available-for-sale securities (1) : Commercial paper 615,043 — 615,043 — U.S. agency securities 308,267 — 308,267 — Corporate securities 381,514 — 381,514 — Equity securities 1,166 1,166 — — Foreign currency derivatives (2) 298 — 298 — Liabilities: Foreign currency derivatives (3) (312 ) — (312 ) — Total $ 1,701,766 $ 335,831 $ 1,365,935 $ — __________ (1) Included in Cash, cash equivalents and restricted cash, Investments in debt and equity securities, short-term or Investments in debt securities, long-term in the Company’s Consolidated Balance Sheet at February 28, 2018 , in addition to $771.2 million of cash. (2) Included in Other current assets in the Company’s Consolidated Balance Sheet at February 28, 2018 . (3) Included in Accounts payable and accrued expenses in the Company’s Consolidated Balance Sheet at February 28, 2018 . The following table represents the Company’s investments measured at fair value as of May 31, 2018 (in thousands): Balance Sheet Classification Amortized Gross Unrealized Aggregate Cash Equivalent Marketable Securities Investments in debt and equity securities, short-term Investments in debt securities, long-term Gains Losses (1) Money markets $ 349,062 $ — $ — $ 349,062 $ 349,062 $ — $ — Interest-bearing deposits 87,494 — — 87,494 — 87,494 — Commercial paper 609,776 — — 609,776 599,838 9,938 — U.S. agency securities 307,704 6 (3,873 ) 303,837 — 99,685 204,152 Corporate securities 358,340 540 (1,500 ) 357,380 — 132,755 224,625 Total $ 1,712,376 $ 546 $ (5,373 ) $ 1,707,549 $ 948,900 $ 329,872 $ 428,777 __________ (1) As of May 31, 2018 , there were $4.1 million of accumulated unrealized losses related to investments that have been in a continuous unrealized loss position for 12 months or longer. The aggregate related fair value of investments with unrealized losses was $528.4 million . The following table summarizes the stated maturities of the Company’s investment in available-for-sale securities (in thousands): As of May 31, 2018 Less than 1 Year 1-5 Years More than 5 Years Maturity of available-for-sale debt securities $ 671,155 $ 242,378 $ 428,777 $ — The following table represents the Company’s investments measured at fair value as of February 28, 2018 (in thousands): Balance Sheet Classification Amortized Gross Unrealized Aggregate Cash Equivalent Marketable Securities Investments in debt and equity securities, short-term Investments in debt securities, long-term Gains Losses (1) Money markets $ 334,665 $ — $ — $ 334,665 $ 334,665 $ — $ — Interest-bearing deposits 61,125 — — 61,125 — 61,125 — Commercial paper 615,043 — — 615,043 615,043 — — U.S. agency securities 312,537 — (4,270 ) 308,267 — 93,175 215,092 Corporate securities 382,497 696 (1,679 ) 381,514 3,272 162,892 215,350 Equity securities 650 516 — 1,166 — 1,166 — Total $ 1,706,517 $ 1,212 $ (5,949 ) $ 1,701,780 $ 952,980 $ 318,358 $ 430,442 __________ (1) As of February 28, 2018 , there were $4.4 million of accumulated unrealized losses related to investments that have been in a continuous unrealized loss position for 12 months or longer. The aggregate related fair value of investments with unrealized losses was $515.4 million .

Segment Reporting

Segment Reporting	3 Months Ended
	May 31, 2018
Segment Reporting [Abstract]
Segment Reporting	Segment Reporting The Company is organized primarily on the basis of three geographic business units: the Americas (U.S., Canada and Latin America), Europe, Middle East and Africa (“EMEA”) and Asia Pacific. These business units are aggregated into one reportable segment due to the similarity in nature of products and services provided, financial performance economic characteristics (e.g. revenue growth and gross margin), methods of production and distribution and customer classes (e.g., cloud service providers, distributors, reseller and enterprise). The following summarizes revenue from unaffiliated customers; income (loss) from operations; total cash, cash equivalents and available-for-sale investment securities and total assets by geographic segment (in thousands): Americas EMEA Asia Pacific Corporate (1) Consolidated Three Months Ended May 31, 2018 Revenue from unaffiliated customers $ 500,306 $ 195,148 $ 118,076 $ — $ 813,530 Income (loss) from operations $ 71,864 $ 48,860 $ 37,437 $ (46,005 ) $ 112,156 Total cash, cash equivalents, restricted cash and available-for-sale investment securities $ 1,524,311 $ 576,171 $ 426,647 $ — $ 2,527,129 Total assets $ 3,559,900 $ 1,015,187 $ 616,474 $ — $ 5,191,561 Three Months Ended May 31, 2017 Revenue from unaffiliated customers $ 438,380 $ 143,671 $ 94,745 $ — $ 676,796 Income (loss) from operations (2) $ 74,591 $ 30,923 $ 27,948 $ (43,718 ) $ 89,744 Total cash, cash equivalents, restricted cash and available-for-sale investment securities $ 1,186,481 $ 779,346 $ 343,754 $ — $ 2,309,581 Total assets (2) $ 2,864,857 $ 1,135,329 $ 519,263 $ — $ 4,519,449 __________ (1) Amounts represent share-based compensation expense that was not allocated to geographic segments. (2) As adjusted from retrospective adoption of ASC 606. See NOTE 2—Summary of Significant Accounting Policies for detailed information on adoption of ASC 606. Supplemental information about geographic areas The Company approximates its geographic sources of revenue based on the country of origin of its non-cancellable subscription and service agreements initiated during the year (commonly referred to as bookings). The following table lists revenue from unaffiliated customers in the U.S., the Company’s country of domicile, and revenue from foreign countries (in thousands): Three Months Ended May 31, 2018 May 31, 2017 U.S., the Company’s country of domicile $ 442,421 $ 394,542 Foreign 371,109 282,254 Total revenue from unaffiliated customers $ 813,530 $ 676,796 Total tangible long-lived assets located in the U.S., the Company’s country of domicile, and similar tangible long-lived assets held outside the U.S. are summarized in the following table (in thousands): May 31, 2018 February 28, 2018 U.S., the Company’s country of domicile $ 132,328 $ 137,112 Foreign 64,325 68,993 Total tangible long-lived assets $ 196,653 $ 206,105 Supplemental information about major customers For each of the three months ended May 31, 2018 and May 31, 2017 , the U.S. government and its agencies represented in the aggregate approximately 10% and 11% of the Company’s total revenue, respectively. Supplemental information about products and services The following table provides further detail, by type, of the Company’s subscription and services revenues. Subscription revenue for infrastructure-related offerings includes subscription revenue generated from Red Hat Enterprise Linux and related technologies such as Red Hat Satellite and Red Hat Virtualization. Subscription revenue generated from the Company’s Application Development-related and other emerging technology offerings includes Red Hat JBoss Middleware, Red Hat OpenShift, Red Hat Cloud Infrastructure, Red Hat OpenStack Platform, Red Hat Ansible Automation, Red Hat CloudForms, Red Hat Storage technologies and Red Hat Mobile Application Platform (in thousands): Three Months Ended May 31, 2018 May 31, 2017 Subscription revenue: Infrastructure-related offerings $ 522,402 $ 457,961 Application Development-related and other emerging technology offerings 189,119 138,547 Total subscription revenue 711,521 596,508 Training and services revenue: Consulting services 79,147 61,488 Training 22,862 18,800 Total training and services revenue 102,009 80,288 Total revenue $ 813,530 $ 676,796

Business Combinations

Business Combinations	3 Months Ended
	May 31, 2018
Business Combinations [Abstract]
Business Combinations	Business Combinations Acquisition of CoreOS, Inc. On January 30, 2018, the Company completed the acquisition of all of the shares of CoreOS, Inc. (“CoreOS”). The addition of CoreOS, a provider of Kubernetes and container-native solutions, is expected to further enable the Company’s customers to build any application and deploy them in any environment with the flexibility afforded by open source. By combining CoreOS’s complementary capabilities with the Company’s Kubernetes and container-based portfolio, including Red Hat OpenShift, the Company aims to further accelerate adoption and development of its hybrid cloud platform for modern application workloads. The consideration paid was $238.7 million in cash. Based on management’s provisional assessment of the acquisition-date fair value of the assets acquired and liabilities assumed, the total consideration transferred of $238.7 million was allocated to the Company’s assets and liabilities on a preliminary basis as follows: $160.7 million to goodwill, $81.7 million to identifiable intangible assets and $3.7 million to working capital as a net current liability. Acquisition of Permabit Technology Corporation On July 31, 2017, the Company acquired the assets and technology of Permabit Technology Corporation (“Permabit”), a provider of software for data deduplication, compression and thin provisioning technology. Adding Permabit’s data deduplication and compression capabilities to the Company’s Red Hat Enterprise Linux platform will better enable enterprise digital transformation through more efficient storage options. During the three months ended February 28, 2018, the Company completed its assessment of the acquisition-date fair value of the assets acquired and liabilities assumed. The total consideration transferred of $49.8 million was allocated to the Company’s assets and liabilities as follows: $39.4 million to goodwill, $10.4 million to identifiable intangible assets and a nominal amount to working capital. The goodwill acquired is expected to be deductible for tax purposes. Acquisition of Codenvy S. A. On June 1, 2017, the Company completed its acquisition of all of the shares of Codenvy S.A. (“Codenvy”), a provider of cloud-native development tools that enable developers to more easily create modern container-based and cloud-native applications. By adding Codenvy to its existing portfolio of developer tools and application platforms, including Red Hat JBoss Middleware and Red Hat OpenShift, the Company continues its efforts to provide solutions that enable developers to create applications for hybrid cloud environments. The Company plans to make Codenvy an integral part of OpenShift.io, the Company’s hosted development environment for building hybrid cloud services on OpenShift. During the three months ended November 30, 2017, the Company completed its assessment of the acquisition-date fair value of the assets acquired and liabilities assumed. The total consideration transferred of $34.2 million was allocated to the Company’s assets and liabilities as follows: $25.4 million to goodwill, $11.3 million to identifiable intangible assets and $2.5 million to working capital as a net current liability. Pro forma consolidated financial 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 acquisitions of CoreOS, Permabit and Codenvy had occurred as of the beginning of the fiscal year prior to the fiscal year of acquisition, 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 fiscal year prior to the fiscal year of acquisition. Three Months Ended May 31, 2017 Revenue $ 679,373 Net income $ 66,852 Basic net income per common share $ 0.38 Diluted net income per common share $ 0.37 Goodwill and other business combinations The following is a summary of goodwill (in thousands): Balance at February 28, 2018 $ 1,288,830 Impact of foreign currency fluctuations (7,589 ) Other adjustments (2,533 ) Balance at May 31, 2018 $ 1,278,708 The excess of purchase price paid for CoreOS, Permabit, Codenvy and other acquisitions over the fair value of the net assets acquired was recognized as goodwill. Goodwill comprises the majority of the purchase price paid for each of the acquired businesses because these businesses were focused on emerging technologies such as development and operations automation, mobile technologies, cloud-enabling technologies and software-defined storage technologies, which consequently—at the time of acquisition—generated relatively little revenue. However, these acquired businesses, with their assembled, highly-specialized workforces and community of contributors, are expected to both expand the Company’s existing technology portfolio and advance the Company’s market position overall in open source solutions.

Subsequent Events

Subsequent Events	3 Months Ended
	May 31, 2018
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events On June 21, 2018, the Company announced that its Board authorized the repurchase of up to $1.0 billion of Red Hat’s common stock from time to time on the open market or in privately negotiated transactions. The new program commenced on July 1, 2018, and will expire on the earlier of (i) June 30, 2020 or (ii) a determination by the Board, Chief Executive Officer or Chief Financial Officer to discontinue the program. The new program replaced the previous $1.0 billion repurchase program, which expired on June 30, 2018 .

Summary of Significant Accoun25

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	May 31, 2018
Accounting Policies [Abstract]
Basis of presentation	Basis of presentation The unaudited interim consolidated financial statements as of and for the three months ended May 31, 2018 have been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”) for interim financial reporting. These consolidated statements are unaudited and, in the opinion of management, include all adjustments (consisting of normal recurring adjustments and accruals) necessary for a fair statement of the consolidated balance sheets, consolidated operating results, consolidated other comprehensive income and consolidated cash flows for the periods presented in accordance with accounting principles generally accepted in the U.S. (“U.S. GAAP”). Operating results for the three months ended May 31, 2018 are not necessarily indicative of the results that may be expected for the fiscal year ending February 28, 2019 . Certain information and footnote disclosures normally included in annual financial statements prepared in accordance with U.S. GAAP have been omitted in accordance with the SEC’s rules and regulations for interim reporting. These unaudited financial statements should be read in conjunction with the Company’s Consolidated Financial Statements, including notes thereto, included in the Company’s Annual Report on Form 10-K for the fiscal year ended February 28, 2018 . Other than the accounting pronouncement adopted during the three months ended May 31, 2018 related to accounting for revenue from contracts with customers as described below, there have been no changes to the Company’s significant accounting policies from those described in NOTE 2—Summary of Significant Accounting Policies to the Consolidated Financial Statements contained in the Company’s Annual Report on Form 10-K for the fiscal year ended February 28, 2018 . The Company adopted Accounting Standards Update 2014-09, Revenue from Contracts with Customers , now commonly referred to as Accounting Standards Codification Topic 606 (“ASC 606”), effective March 1, 2018, using the full retrospective transition method. All amounts and disclosures set forth in this Form 10-Q have been updated to comply with the new standard and such information is designated “as adjusted.” Certain amounts for the three months ended May 31, 2017 have been reclassified to conform to the current period presentation. The Company’s fiscal year ends on the last day of February, and the Company identifies fiscal years by the calendar years in which they end. For example, the fiscal year ending February 28, 2019 is referred to as “fiscal 2019 .”
Consolidation policy	Consolidation policy The accompanying Consolidated Financial Statements include the accounts of the Company and all of its wholly owned subsidiaries. All significant inter-company accounts and transactions are eliminated in consolidation. There are no significant foreign exchange restrictions on the Company’s foreign subsidiaries.
Use of estimates	Use of estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the balance sheet dates and the reported amounts of revenue and expenses during the reporting periods. Actual results could differ from such estimates. Estimates are used for, but not limited to, revenue recognition, goodwill and other long-lived assets, share-based compensation, income taxes and loss contingencies.
Revenue recognition	Revenue recognition The Company derives its revenues from subscription contracts and training and service contracts. Revenue is recognized when performance obligations, as stipulated in the contracts, are transferred to a customer for an amount that reflects the consideration the Company expects to receive in exchange for those subscription contracts and training and service contracts. The Company applies the following five steps to recognize revenue: 1) Identify the contract with a customer. The Company determines that it has a contract with a customer when the contract is approved, the party’s rights regarding the products and services to be transferred can be identified, the payment terms for the products and services are identified, the customer’s ability and intent to pay can be determined, and the contract has commercial substance. Judgment is used to assess the customer’s ability and intent to pay, which is based upon factors including the customer’s historical payment experience or credit and financial information pertaining to the customer. 2) Identify the performance obligations in the contract. The Company’s performance obligations are identified based on the products and services that will be transferred to the customer that are both capable of being distinct and are distinct in the context of the contract and consist of (i) subscription offerings, including non-proprietary open-source software code delivered to the customer, software support subscriptions delivered to the customer, software support subscriptions embedded in partner products and learning subscriptions and (ii) training and services, including professional services sold at a fixed fee, professional services sold on a time-and-material-basis, training courses or units, and consulting units. In limited cases, the option to purchase additional subscription offerings or training and services may be offered at a price representing a material right. In such cases, the option to purchase is considered a distinct performance obligation. 3) Determine the transaction price. The Company determines transaction price based on the consideration expected to be received in exchange for transferring certain performance obligations to the customer. In determining the transaction price, variable consideration, if any, would be considered if, in management’s judgment, it is probable that a significant future reversal of cumulative revenue under the contract will not occur. The Company’s contracts do not contain significant financing components. Specifically, the Company does not typically extend customer payment terms beyond a standard 30 - to 60 -day term and as a result the Company has elected the one-year-or-less safe harbor expedient and does not impute any interest. The Company has elected to exclude all taxes from the transaction price (e.g. sales, use, value-added, etc). Revenue is recognized net of such taxes. 4) Allocate the transaction price to performance obligations in the contract. When a contract contains a single performance obligation, the entire transaction price is allocated to that one performance obligation. Contracts that contain multiple performance obligations require an allocation of the transaction price to each performance obligation based on a relative standalone selling price (“SSP”). The Company typically determines SSP based on the observable price when the Company sells the subscriptions or training and services separately, taking into consideration the geographical region of the customer, type of offering and sales channel. In instances where SSP is not directly observable, the Company determines SSP either from the renewal rate paid for the performance obligation to the extent it is the same rate as stipulated in the initial customer contract or by using the expected-cost-plus-margin approach. 5) Recognize revenue when or as the performance obligation is satisfied. Revenue is recognized at the time the related performance obligation is satisfied by transferring the promised subscription offerings and training and services to a customer. For each performance obligation, a determination is made as to whether the control is transferred over time or at a point in time. For performance obligations satisfied over time, a method to measure progress toward complete satisfaction is selected, based upon the most faithful depiction of performance. The selected method for each performance obligation type is applied consistently to similar contracts. Subscription revenue Subscription revenue is comprised of direct and indirect sales of subscriptions relating to Red Hat technologies. Accounts receivable and deferred revenue are recorded at the time a customer enters into a binding and non-cancellable subscription agreement for the purchase of a subscription, subscription services are made available to the customer and the customer is billed. The deferred revenue amount is recognized as revenue ratably over the subscription period. Red Hat technologies are generally offered with either one- or three-year base subscription periods; the majority of the Company’s subscriptions have one-year terms. Under these subscription agreements, renewal rates are generally specified for one or three-year renewal terms. Subscriptions generally entitle the end user to the technology itself and post-contract customer support, generally consisting of varying levels of support services as well as access to security updates, fixes, functionality enhancements, upgrades to the technologies, each on an if and when available basis, and compatibility with an ecosystem of certified hardware and software, during the term of the subscription. The Company sells its offerings through two principal channels: (1) direct, which includes sales by the Company’s sales force as well as web store sales, and (2) indirect, which includes certified cloud and service providers (“CCSPs”), distributors, original equipment manufacturers (“OEMs”), systems integrators and value added resellers. The Company recognizes revenue from the sale of Red Hat technologies ratably over the period of the subscription beginning on the commencement date of the subscription agreement. The Company has determined that the delivery of software code underlying the subscription is a distinct performance obligation as it is both capable of being distinct and is distinct within the context of a customer contract. The Company uses a non-proprietary open-source development and licensing model to provide its software technologies to customers and therefore the amount of transaction price allocated to the underlying software code is negligible. The Company derives a portion of its revenue from CCSPs that provide public clouds with, and allow users to consume, computing resources as a service. The Company earns revenue based on subscription units consumed by the CCSP or its end users. The Company uses its historical cloud-usage data to estimate the amount of revenue earned and recognized each month and adjusts to actual amounts earned upon receipt of usage reports from the CCSPs in the following month. The differences between actual amounts earned and estimates made have generally been insignificant. Training and services revenue Training and services revenue is comprised of revenue for consulting, engineering and customer training courses or units and education services. Consulting services consist of time-based units or fixed-fee arrangements. For time-based arrangements, revenue is recognized over time as these services are performed and for fixed-fee arrangements, revenue is recognized based on the proportion of services performed. Engineering services represent revenue earned under fixed-fee arrangements with the Company’s OEM partners and other customers to provide for significant modification and customization of Red Hat technologies. The Company recognizes revenue for these fixed-fee engineering services based on a proportional performance basis using actual costs incurred to date over the estimated total projected costs along with a representative profit margin. A representative profit margin is determined based on analysis of a population of similar contracts by region. Revenue for customer training and education services is recognized on the dates the services are performed. See NOTE 16 —Segment Reporting for further information, including revenue by geographic area and significant product and service offerings. Contract Balances Timing of revenue recognition may differ from the timing of invoicing to customers. The Company records a receivable when revenue is recognized prior to invoicing, or deferred revenue when revenue is recognized subsequent to invoicing. For multi-year arrangements, the Company will generally invoice customers upfront or annually at the beginning of each annual coverage period.
Accounts receivable and allowance for doubtful accounts	Accounts receivable and allowance for doubtful accounts Trade accounts receivable are recorded at the invoiced amount and do not bear interest. The allowance for doubtful accounts is the Company’s estimate of the amount of probable credit losses in the Company’s existing accounts receivable. The Company determines the allowance based on historical write-off experience and other qualitative factors. The Company reviews its allowance for doubtful accounts monthly. Past due balances over 90 days and over a specified amount are reviewed individually for collectability. All other balances are reviewed on a pooled basis by type of receivable. Account balances are charged off against the allowance when the Company determines it is probable the receivable will not be recovered. The Company does not have off-balance sheet credit exposure related to its customers. Unbilled receivables related to subscription and training and services contracts are included in accounts receivable.
Deferred selling costs	Deferred selling costs Deferred commissions are the incremental costs that are directly associated with non-cancellable subscription contracts with customers and consist of sales commissions and certain related fringe benefits earned by the Company’s sales force. The commissions are deferred and amortized on a straight-line basis over a period that approximates the subscription period. In determining the period that approximates the subscription period, the Company utilizes a portfolio approach that allows for the analysis of customer contracts with similar characteristics. The Company has determined that the effects on the financial statements of the portfolio approach would not differ materially from an individual customer contract analysis approach. The commission payments are paid in full subsequent to the month in which the customer’s service commences. The deferred commission amounts are recoverable through the future revenue streams under the non-cancellable customer contracts. In addition, the Company has the ability and intent under the commission plans with its sales force to recover commissions previously paid to its sales force in the event that customers breach the terms of their subscription agreements and do not fully pay for their subscription agreements.
Recent accounting pronouncements	Recent accounting pronouncements Accounting pronouncements adopted In January 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update 2016-01, Financial Instruments—Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities (“ASU 2016-01”). The FASB issued ASU 2016-01 to require equity investments with readily determinable fair values to be measured at fair value with changes in fair value recognized in net income. Equity investments that do not have readily determinable fair values are allowed to be remeasured upon the occurrence of an observable price change or upon identification of an impairment. Along with ASU 2016-01, the Company evaluated the Accounting Standards Update 2018-03, Technical Corrections and Improvements to Financial Instruments Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities (“ASU 2018-03”), which was issued in February 2018, and Accounting Standards Update 2018-04, Investments—Debt Securities (Topic 320) and Regulated Operations (Topic 980): Amendments to SEC Paragraphs Pursuant to SEC Staff Accounting Bulletin No. 117 and SEC Release No. 33-9273 (“ASU 2018-04”), which was issued in March 2018. The Company adopted ASU 2016-01, ASU 2018-03 and ASU 2018-04 as of March 1, 2018. The adoption of these standards did not significantly impact the Company’s Consolidated Financial Statements. In May 2014, the FASB issued Accounting Standards Update 2014-09, Revenue from Contracts with Customers , now commonly referred to as Accounting Standards Codification Topic 606 (“ASC 606”). The FASB issued ASC 606 to clarify the principles for recognizing revenue and to develop a common revenue standard for U.S. GAAP. The standard outlines a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and supersedes the most current revenue recognition guidance. ASC 606 requires the recognition of revenue when control of performance obligations as stipulated in the contracts, is transferred to a customer for an amount that reflects the consideration the entity expects to receive in exchange promised goods and services. The standard also includes Subtopic 340-40, Other Assets and Deferred Costs—Contracts with Customers, which requires the deferral of incremental costs of obtaining a contract with a customer. Collectively, ASC 606 and Subtopic 340-40 are referred to as “ASC 606.” The Company adopted ASC 606 as of March 1, 2018, utilizing the full retrospective method of transition, which requires a restatement of each prior reporting period presented. In adopting ASC 606, the Company used the practical expedient where the transaction price allocated to the remaining performance obligations before the date of the initial application is not disclosed. The Company implemented new policies, processes and systems to enable both the preparation of financial information and internal controls over financial reporting in connection with its adoption of ASC 606. The impact of adopting ASC 606 on the Company’s fiscal 2018 and fiscal 2017 revenue was not material. The primary impact of adopting the standard related to the deferral of incremental commission and other costs of obtaining contracts with customers. Previously, the Company deferred direct and incremental commission costs to obtain a contract and amortized those costs on a straight-line basis over a period that approximated the subscription period, and under ASC 606, the Company now also defers related fringe benefit costs. Select adjusted unaudited financial statement information, which reflects the Company’s adoption of ASC 606, is set forth below. Consolidated balance sheets (in thousands): February 28, 2018 As Reported Adjustments As Adjusted Prepaid expenses $ 260,092 $ 7,105 $ 267,197 Deferred tax assets, net $ 93,300 $ (694 ) $ 92,606 Other assets, net $ 87,924 $ 1,536 $ 89,460 Accounts payable and accrued expenses $ 427,086 $ 53 $ 427,139 Retained earnings $ 1,611,794 $ 7,894 $ 1,619,688 Consolidated statements of operations (in thousands, except per share amounts): Three Months Ended May 31, 2017 As Reported Adjustments As Adjusted Operating expense: Sales and marketing $ 296,459 $ (2,136 ) $ 294,323 Net income $ 73,190 $ 2,124 $ 75,314 Net income per share: Basic $ 0.41 $ 0.01 $ 0.42 Diluted $ 0.40 $ 0.01 $ 0.41 The Company’s adoption of ASC 606 had no impact on net cash provided by or used in operating, investing or financing activities for any of the periods reported. Accounting pronouncements being evaluated In February 2018, the FASB issued Accounting Standards Update 2018-02, Income Statement-Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income (“ASU 2018-02”). The FASB issued ASU 2018-02 to give entities the option to reclassify tax effects stranded in accumulated other comprehensive income as a result of the enactment of the Tax Cuts and Jobs Act (the “Tax Act”) to retained earnings. The guidance is effective for the Company as of the first quarter of its fiscal year ending February 28, 2020, with early adoption permitted. The Company is currently evaluating the impact that this updated standard will have on its consolidated financial statements. In February 2016, the FASB issued Accounting Standards Update 2016-02, Leases (Topic 842) (“ASU 2016-02”). The FASB issued ASU 2016-02 to increase transparency and comparability among organizations with respect to accounting for leases. Under ASU 2016-02, lessees will recognize a right-of-use asset and a lease liability for virtually all of their leases (other than leases that meet the definition of a short-term lease). The liability will be equal to the present value of lease payments. The asset will be based on the liability, subject to adjustment, such as for initial direct costs. For income statement purposes, the FASB retained a dual model, requiring leases to be classified as either operating or finance. This guidance is effective for the Company as of the first quarter of its fiscal year ending February 28, 2020. The Company continues to assess the impact of ASU 2016-02, including for example, any potential changes to and investments in the Company’s policies, processes, systems and internal controls over financial reporting that may be required to comply with the new guidance related to identifying and measuring right-of-use assets and lease liabilities.
Identifiable Intangible Assets	Identifiable intangible assets consist primarily of trademarks, copyrights and patents, purchased technologies, customer and reseller relationships and covenants not to compete, all of which are amortized over the estimated useful life, generally on a straight-line basis, with the exception of customer and reseller relationships, which are generally amortized over the greater of straight-line over the estimated useful life or the related asset’s pattern of economic benefit. Useful lives range from two to 10 years .
Derivative Instruments	The Company transacts business in various foreign countries and is, therefore, subject to risk of foreign currency exchange rate fluctuations. From time to time, the Company enters into forward contracts to economically hedge transactional exposure associated with commitments arising from trade accounts receivable, trade accounts payable and fixed purchase obligations denominated in a currency other than the functional currency of the respective operating entity. All derivative instruments are recorded on the Consolidated Balance Sheets at their respective fair values. The Company has elected not to prepare and maintain the documentation required to qualify for hedge accounting treatment and, therefore, changes in fair value are recorded in the Consolidated Statements of Operations.
Share Based Awards	The Company measures share-based compensation cost at the grant date, based on the estimated fair value of the award and recognizes the cost over the employee requisite service period, typically on a straight-line basis. The Company estimates the fair value of stock options using the Black-Scholes-Merton valuation model. The fair value of nonvested share awards, nonvested share units and performance share units are measured at their underlying closing share price on the day of grant.
Assets and Liabilities Measured at Fair Value	Fair value is defined as the exchange price that would be received for the purchase of an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for such asset or liability in an orderly transaction between market participants on the measurement date. Valuation techniques used to measure fair value should maximize the use of observable inputs and minimize the use of unobservable inputs. To measure fair value, the Company uses the following fair value hierarchy based on three levels of inputs, of which the first two are considered observable and the last unobservable: Level 1—Quoted prices in active markets for identical assets or liabilities. Level 2—Inputs other than Level 1 that are observable, either directly or indirectly, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 3—Unobservable inputs that are supported by little or no market activity and are significant to the fair value of the assets or liabilities. The Company’s investments are comprised primarily of debt securities that are classified as available for sale and recorded at their fair values. Liquid investments with effective maturities of three months or less at the date of purchase are classified as cash equivalents. Investments with remaining effective maturities of twelve months or less from the balance sheet date are classified as short-term investments. Investments with remaining effective maturities of more than twelve months from the balance sheet date are classified as long-term investments. The Company’s Level 1 financial instruments are valued using quoted prices in active markets for identical instruments. The Company’s Level 2 financial instruments, including derivative instruments, are valued using quoted prices for identical instruments in less active markets or using other observable market inputs for comparable instruments. Unrealized gains and temporary losses on investments classified as available for sale are included within accumulated other comprehensive income, net of any related tax effect. Realized gains and losses are recorded using the specific identification method and upon realization, such amounts are reclassified from accumulated other comprehensive income to Other expense, net . Realized gains and losses and other than temporary impairments, if any, are reflected in the Company’s Consolidated Statements of Operations as Other expense, net . The Company does not recognize changes in the fair value of its investments in income unless a decline in value is considered other than temporary. The vast majority of the Company’s investments are priced by pricing vendors. These pricing vendors use the most recent observable market information in pricing these securities or, if specific prices are not available for these securities, use other observable inputs. In the event observable inputs are not available, the Company assesses other factors to determine the security’s fair value, including broker quotes or model valuations. Independent price verifications of all holdings are performed by pricing vendors that are then reviewed by the Company. In the event a price fails a pre-established tolerance check, it is researched so that the Company can assess the cause of the variance to determine what the Company believes is the appropriate fair value. The Company minimizes its credit risk associated with investments by investing primarily in investment-grade, liquid securities. The Company’s policy is designed to limit exposures to any one issuer depending on credit quality. Periodic evaluations of the relative credit standing of those issuers are considered in the Company’s investment strategy.

Summary of Significant Accoun26

Summary of Significant Accounting Policies (Tables)	3 Months Ended
	May 31, 2018
Accounting Policies [Abstract]
Schedule of New Accounting Pronouncements and Changes in Accounting Principles	Select adjusted unaudited financial statement information, which reflects the Company’s adoption of ASC 606, is set forth below. Consolidated balance sheets (in thousands): February 28, 2018 As Reported Adjustments As Adjusted Prepaid expenses $ 260,092 $ 7,105 $ 267,197 Deferred tax assets, net $ 93,300 $ (694 ) $ 92,606 Other assets, net $ 87,924 $ 1,536 $ 89,460 Accounts payable and accrued expenses $ 427,086 $ 53 $ 427,139 Retained earnings $ 1,611,794 $ 7,894 $ 1,619,688 Consolidated statements of operations (in thousands, except per share amounts): Three Months Ended May 31, 2017 As Reported Adjustments As Adjusted Operating expense: Sales and marketing $ 296,459 $ (2,136 ) $ 294,323 Net income $ 73,190 $ 2,124 $ 75,314 Net income per share: Basic $ 0.41 $ 0.01 $ 0.42 Diluted $ 0.40 $ 0.01 $ 0.41

Accounts Receivable (Tables)

Accounts Receivable (Tables)	3 Months Ended
	May 31, 2018
Receivables [Abstract]
Schedule of Credit Losses for Financing Receivables, Current	Accounts receivable are presented net of an allowance for doubtful accounts. Activity in the Company’s allowance for doubtful accounts is presented in the following table (in thousands): As of Balance at beginning of period Charged to (recovery of) expense Adjustments (1) Balance at end of period February 28, 2018 $ 2,791 172 (796 ) $ 2,167 May 31, 2018 $ 2,167 562 (163 ) $ 2,566 _______________ (1) Represents foreign currency translation adjustments and amounts written-off as uncollectible accounts receivable.

Identifiable Intangible Assets

Identifiable Intangible Assets (Tables)	3 Months Ended
	May 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Finite-Lived Intangible Assets	The following is a summary of identifiable intangible assets (in thousands): May 31, 2018 February 28, 2018 Gross Accumulated Net Gross Accumulated Net Trademarks, copyrights and patents $ 169,385 $ (73,732 ) $ 95,653 $ 167,005 $ (70,749 ) $ 96,256 Purchased technologies 210,714 (98,336 ) 112,378 208,096 (93,748 ) 114,348 Customer and reseller relationships 105,665 (96,735 ) 8,930 106,076 (95,558 ) 10,518 Covenants not to compete 15,565 (14,300 ) 1,265 15,861 (14,324 ) 1,537 Other intangible assets 8,833 (6,883 ) 1,950 8,833 (6,539 ) 2,294 Total identifiable intangible assets $ 510,162 $ (289,986 ) $ 220,176 $ 505,871 $ (280,918 ) $ 224,953
Schedule of Amortization Expense Associated with Identifiable Intangible Assets	Amortization expense associated with identifiable intangible assets recognized in the Company’s Consolidated Financial Statements is summarized as follows (in thousands): Three Months Ended May 31, 2018 May 31, 2017 Cost of revenue $ 6,485 $ 4,180 Sales and marketing 1,362 1,459 Research and development 34 34 General and administrative 2,373 1,826 Total amortization expense $ 10,254 $ 7,499

Deferred Selling Costs (Tables)

Deferred Selling Costs (Tables)	3 Months Ended
	May 31, 2018
Revenue from Contract with Customer [Abstract]
Schedule of Deferred Sales Commissions	Current and non-current deferred commissions are included in Prepaid expenses and Other assets, respectively, on the Company’s Consolidated Balance Sheets and are as follows (in thousands): May 31, 2018 February 28, 2018 (1) Deferred commissions, current $ 181,901 $ 188,944 Deferred commissions, non-current 39,295 48,653 Total deferred commissions $ 221,196 $ 237,597 ____________________ (1) As adjusted to reflect the impact of the retrospective application of ASC 606. See NOTE 2—Summary of Significant Accounting Policies for detailed information on adoption of ASC 606.

Derivative Instruments (Tables)

Derivative Instruments (Tables)	3 Months Ended
	May 31, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Summary of Effects of Derivative Instruments	The effects of derivative instruments on the Company’s Consolidated Financial Statements are as follows (in thousands): May 31, 2018 Classification of Three Months Ended May 31, 2018 Balance Sheet Fair Notional Assets—foreign currency forward contracts not designated as hedges Other current assets $ 111 $ 21,554 Other expense, net $ 289 Liabilities—foreign currency forward contracts not designated as hedges Accounts payable and accrued expenses (790 ) 28,112 Other expense, net (1,136 ) Total $ (679 ) $ 49,666 $ (847 ) May 31, 2017 Classification of Three Months Ended May 31, 2017 Balance Sheet Fair Notional Assets—foreign currency forward contracts not designated as hedges Other current assets $ 278 $ 18,901 Other expense, net $ 605 Liabilities—foreign currency forward contracts not designated as hedges Accounts payable and accrued expenses (137 ) 27,053 Other expense, net (320 ) Total $ 141 $ 45,954 $ 285

Convertible Notes (Tables)

Convertible Notes (Tables)	3 Months Ended
	May 31, 2018
Debt Disclosure [Abstract]
Components of Convertible Notes	The convertible notes consisted of the following (in thousands): May 31, 2018 February 28, 2018 Liability component: Principal $ 779,013 $ 804,966 Less: debt issuance costs (3,864 ) (4,695 ) Less: debt discount (26,102 ) (32,271 ) Net carrying amount $ 749,047 $ 768,000 Equity component (1) $ 96,051 $ 96,890 __________ (1) Recognized in the Consolidated Balance Sheets in Additional paid-in capital.
Schedule of Total Interest Expense Recognized Related to Convertible Notes	The following table includes total interest expense recognized related to the convertible notes (in thousands): Three Months Ended May 31, 2018 May 31, 2017 Coupon rate 0.25% per year, payable semiannually $ 471 $ 503 Amortization of convertible note issuance costs — liability component 831 673 Accretion of debt discount 5,007 4,867 Total interest expense related to convertible notes $ 6,309 $ 6,043
Summary of Fair Value of Convertible Notes and Carrying Value of Convertible Notes	The fair value of the convertible notes, which was determined based on inputs that are observable in the market (Level 2), and the carrying value of convertible notes (the carrying value excludes the equity component of the convertible notes classified in equity) is as follows (in thousands): May 31, 2018 Fair Value Carrying Value Convertible notes $ 753,518 $ 749,047

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	3 Months Ended
	May 31, 2018
Equity [Abstract]
Summary of Changes in Stockholders' Equity	The following table summarizes the changes in the Company’s stockholders’ equity during the three months ended May 31, 2018 (in thousands): Common Additional Retained (1) Treasury Accumulated Total Balance at February 28, 2018 $ 24 $ 2,416,080 $ 1,619,688 $ (2,525,072 ) $ (32,596 ) $ 1,478,124 Net income — — 113,190 — — 113,190 Other comprehensive loss, net of tax — — — — (10,905 ) (10,905 ) Vest and exercise of share-based awards — 875 — — — 875 Common stock repurchase — (17,175 ) — (132,844 ) — (150,019 ) Share-based compensation expense — 46,005 — — — 46,005 Minimum tax withholdings paid by the Company on behalf of employees related to net settlement of employee share-based awards — (77,094 ) — — — (77,094 ) Re-issuance of treasury stock under employee stock purchase plan — 18,471 — 13,740 — 32,211 Convertible note conversions — (835 ) — — — (835 ) Exercises of convertible note hedges — 13,598 — (13,598 ) — — Cumulative-effect adjustment from adoption of ASU 2016-01 — 392 — — 392 Balance at May 31, 2018 $ 24 $ 2,399,925 $ 1,733,270 $ (2,657,774 ) $ (43,501 ) $ 1,431,944 ____________________ (1) As adjusted to reflect the impact of the retrospective application of ASC 606. See NOTE 2—Summary of Significant Accounting Policies for detailed information on adoption of ASC 606. The following table summarizes the changes in the Company’s stockholders’ equity during the three months ended May 31, 2017 (in thousands): Common Additional Retained (1) Treasury Accumulated Total Balance at February 28, 2017 $ 24 $ 2,294,462 $ 1,357,837 $ (2,311,805 ) $ (88,352 ) $ 1,252,166 Net income — — 75,314 — — 75,314 Other comprehensive income, net of tax — — — — 22,612 22,612 Vest and exercise of share-based awards — 2,968 — — — 2,968 Common stock repurchase — — — (61,987 ) — (61,987 ) Share-based compensation expense — 43,718 — — — 43,718 Minimum tax withholdings paid by the Company on behalf of employees related to net settlement of employee share-based awards — (41,010 ) — — — (41,010 ) Re-issuance of treasury stock under employee stock purchase plan — — — 23,748 — 23,748 Other adjustments — (5,015 ) — — — (5,015 ) Balance at May 31, 2017 $ 24 $ 2,295,123 $ 1,433,151 $ (2,350,044 ) $ (65,740 ) $ 1,312,514 ____________________ (1) As adjusted to reflect the impact of the retrospective application of ASC 606. See NOTE 2—Summary of Significant Accounting Policies for detailed information on adoption of ASC 606.
Summary of Accumulated Other Comprehensive Loss	Accumulated other comprehensive loss was comprised of the following (in thousands): May 31, 2018 February 28, 2018 Accumulated loss from foreign currency translation adjustment $ (40,510 ) $ (29,679 ) Accumulated unrealized loss, net of tax, on available-for-sale securities (2,991 ) (2,917 ) Accumulated other comprehensive loss $ (43,501 ) $ (32,596 )

Deferred Revenue and Performa33

Deferred Revenue and Performance Obligations (Tables)	3 Months Ended
	May 31, 2018
Revenue from Contract with Customer [Abstract]
Contract with Customer, Asset and Liability	Activity in the Company’s deferred revenue accounts is presented in the following table (in thousands): February 28, 2018 Revenue recognized from opening balance Deferred revenue, net (1) May 31, 2018 Deferred revenue, short-term $ 1,853,719 $ (611,353 ) $ 478,934 $ 1,721,300 Deferred revenue, long-term 741,453 — (18,246 ) 723,207 Total deferred revenue $ 2,595,172 $ (611,353 ) $ 460,688 $ 2,444,507 _______________ (1) Includes revenue recognized from current period customer contracts and the impact from foreign currency exchange rate fluctuations.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	May 31, 2018
Earnings Per Share [Abstract]
Reconciliation of Numerators and Denominators of Earnings Per Share Calculation	The following table reconciles the numerators and denominators of the earnings per share (“EPS”) calculation (in thousands, except per share amounts): Three Months Ended May 31, 2018 May 31, 2017 (1) Net income, basic and diluted $ 113,190 $ 75,314 Weighted average common shares outstanding 177,302 177,243 Incremental shares attributable to assumed vesting or exercise of outstanding equity award shares 3,833 2,974 Dilutive effect of convertible notes 5,686 1,593 Dilutive effect of warrants 3,918 — Diluted shares 190,739 181,810 Diluted net income per share $ 0.59 $ 0.41 ____________________ (1) As adjusted to reflect the impact of the retrospective application of ASC 606. See NOTE 2—Summary of Significant Accounting Policies for detailed information on adoption of ASC 606 .
Shares Considered Anti-Dilutive for Calculating Diluted EPS	The following share awards are not included in the computation of diluted EPS because the aggregate value of proceeds considered received upon either exercise or vesting was greater than the average market price of the Company’s common stock during the related periods and the effect of including such share awards in the computation would be anti-dilutive (in thousands): Three Months Ended May 31, 2018 May 31, 2017 Number of shares considered anti-dilutive for calculating diluted EPS — 14

Share-based Awards (Tables)

Share-based Awards (Tables)	3 Months Ended
	May 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-Based Compensation Expense	The following summarizes share-based compensation expense recognized in the Company’s Consolidated Financial Statements (in thousands): Three Months Ended May 31, 2018 May 31, 2017 Cost of revenue $ 5,128 $ 3,948 Sales and marketing 19,520 20,612 Research and development 14,782 13,447 General and administrative 6,575 5,711 Total share-based compensation expense (1) $ 46,005 $ 43,718 __________ (1) Total share-based compensation expense included $4.0 million and $2.9 million , respectively, of expense related to the Company’s employee stock purchase plan (“ESPP”) for the three months ended May 31, 2018 and May 31, 2017
Summary of Share-Based Awards Granted During Period	The following table summarizes the Company’s share-based awards granted, by type: Three Months Ended May 31, 2018 May 31, 2017 Shares and Shares Underlying Awards Weighted Shares and Weighted Service-based shares and share units 669,450 $ 160.53 838,395 $ 86.17 Performance share units—target 173,014 (1) $ 163.56 261,760 $ 87.99 Performance share awards 64,219 (2) $ 163.56 104,362 $ 87.99 Total share-based awards 906,683 $ 161.32 1,204,517 $ 86.72 __________ (1) Certain executives and senior management were awarded a target number of performance share units (“PSUs”). PSU grantees may earn up to 200% of the target number of PSUs. Half of the target number of PSUs can be earned by the grantees depending upon the Company’s financial performance measured against the financial performance of specified peer companies during a three-year performance period beginning on March 1, 2018. The remaining target number of PSUs can be earned by the grantees depending upon the Company’s total shareholder return performance measured against the total shareholder return performance of specified peer companies during a three-year period beginning on March 1, 2018. (2) Certain executives were granted restricted stock awards. These shares were awarded subject to the achievement of a specified dollar amount of revenue for the fiscal year ending February 28, 2019 (the “RSA Performance Goal”). If the Company fails to achieve the RSA Performance Goal then all such shares are forfeited. If the Company achieves the RSA Performance Goal then 25% of the restricted stock vests on or about July 16, 2019, and the remainder vests ratably on a quarterly basis over the course of the subsequent three -year period, provided that the grantee’s business relationship with the Company has not ceased.

Assets and Liabilities Measur36

Assets and Liabilities Measured at Fair Value on a Recurring Basis (Tables)	3 Months Ended
	May 31, 2018
Fair Value Disclosures [Abstract]
Fair Value of Assets and Liabilities Measured at Fair Value on a Recurring Basis	The following table summarizes the composition and fair value hierarchy of the Company’s financial assets and liabilities at May 31, 2018 (in thousands): May 31, 2018 Level 1 Level 2 Level 3 Assets: Money markets (1) $ 349,062 $ 349,062 $ — $ — Interest-bearing deposits (1) 87,494 — 87,494 — Available-for-sale securities (1) : Commercial paper 609,776 — 609,776 — U.S. agency securities 303,837 — 303,837 — Corporate securities 357,380 — 357,380 — Foreign currency derivatives (2) 111 — 111 — Liabilities: Foreign currency derivatives (3) (790 ) — (790 ) — Total $ 1,706,870 $ 349,062 $ 1,357,808 $ — __________ (1) Included in Cash, cash equivalents and restricted cash, Investments in debt and equity securities, short-term or Investments in debt securities, long-term in the Company’s Consolidated Balance Sheet at May 31, 2018 , in addition to $819.6 million of cash. (2) Included in Other current assets in the Company’s Consolidated Balance Sheet at May 31, 2018 . (3) Included in Accounts payable and accrued expenses in the Company’s Consolidated Balance Sheet at May 31, 2018 . The following table summarizes the composition and fair value hierarchy of the Company’s financial assets and liabilities at February 28, 2018 (in thousands): February 28, 2018 Level 1 Level 2 Level 3 Assets: Money markets (1) $ 334,665 $ 334,665 $ — $ — Interest-bearing deposits (1) 61,125 — 61,125 — Available-for-sale securities (1) : Commercial paper 615,043 — 615,043 — U.S. agency securities 308,267 — 308,267 — Corporate securities 381,514 — 381,514 — Equity securities 1,166 1,166 — — Foreign currency derivatives (2) 298 — 298 — Liabilities: Foreign currency derivatives (3) (312 ) — (312 ) — Total $ 1,701,766 $ 335,831 $ 1,365,935 $ — __________ (1) Included in Cash, cash equivalents and restricted cash, Investments in debt and equity securities, short-term or Investments in debt securities, long-term in the Company’s Consolidated Balance Sheet at February 28, 2018 , in addition to $771.2 million of cash. (2) Included in Other current assets in the Company’s Consolidated Balance Sheet at February 28, 2018 . (3) Included in Accounts payable and accrued expenses in the Company’s Consolidated Balance Sheet at February 28, 2018 .
Investments Measured at Fair Value	The following table represents the Company’s investments measured at fair value as of February 28, 2018 (in thousands): Balance Sheet Classification Amortized Gross Unrealized Aggregate Cash Equivalent Marketable Securities Investments in debt and equity securities, short-term Investments in debt securities, long-term Gains Losses (1) Money markets $ 334,665 $ — $ — $ 334,665 $ 334,665 $ — $ — Interest-bearing deposits 61,125 — — 61,125 — 61,125 — Commercial paper 615,043 — — 615,043 615,043 — — U.S. agency securities 312,537 — (4,270 ) 308,267 — 93,175 215,092 Corporate securities 382,497 696 (1,679 ) 381,514 3,272 162,892 215,350 Equity securities 650 516 — 1,166 — 1,166 — Total $ 1,706,517 $ 1,212 $ (5,949 ) $ 1,701,780 $ 952,980 $ 318,358 $ 430,442 __________ (1) As of February 28, 2018 , there were $4.4 million of accumulated unrealized losses related to investments that have been in a continuous unrealized loss position for 12 months or longer. The aggregate related fair value of investments with unrealized losses was $515.4 million . The following table represents the Company’s investments measured at fair value as of May 31, 2018 (in thousands): Balance Sheet Classification Amortized Gross Unrealized Aggregate Cash Equivalent Marketable Securities Investments in debt and equity securities, short-term Investments in debt securities, long-term Gains Losses (1) Money markets $ 349,062 $ — $ — $ 349,062 $ 349,062 $ — $ — Interest-bearing deposits 87,494 — — 87,494 — 87,494 — Commercial paper 609,776 — — 609,776 599,838 9,938 — U.S. agency securities 307,704 6 (3,873 ) 303,837 — 99,685 204,152 Corporate securities 358,340 540 (1,500 ) 357,380 — 132,755 224,625 Total $ 1,712,376 $ 546 $ (5,373 ) $ 1,707,549 $ 948,900 $ 329,872 $ 428,777 __________ (1) As of May 31, 2018 , there were $4.1 million of accumulated unrealized losses related to investments that have been in a continuous unrealized loss position for 12 months or longer. The aggregate related fair value of investments with unrealized losses was $528.4 million .
Summary of Stated Maturities of Investment in Debt Securities	The following table summarizes the stated maturities of the Company’s investment in available-for-sale securities (in thousands): As of May 31, 2018 Less than 1 Year 1-5 Years More than 5 Years Maturity of available-for-sale debt securities $ 671,155 $ 242,378 $ 428,777 $ —

Segment Reporting (Tables)

Segment Reporting (Tables)	3 Months Ended
	May 31, 2018
Segment Reporting [Abstract]
Summary of Revenue, Income (Loss) from Operations, Total Assets and Total Cash, Cash Equivalents and Available-for-Sale Investment Securities by Geographic Segment	The following summarizes revenue from unaffiliated customers; income (loss) from operations; total cash, cash equivalents and available-for-sale investment securities and total assets by geographic segment (in thousands): Americas EMEA Asia Pacific Corporate (1) Consolidated Three Months Ended May 31, 2018 Revenue from unaffiliated customers $ 500,306 $ 195,148 $ 118,076 $ — $ 813,530 Income (loss) from operations $ 71,864 $ 48,860 $ 37,437 $ (46,005 ) $ 112,156 Total cash, cash equivalents, restricted cash and available-for-sale investment securities $ 1,524,311 $ 576,171 $ 426,647 $ — $ 2,527,129 Total assets $ 3,559,900 $ 1,015,187 $ 616,474 $ — $ 5,191,561 Three Months Ended May 31, 2017 Revenue from unaffiliated customers $ 438,380 $ 143,671 $ 94,745 $ — $ 676,796 Income (loss) from operations (2) $ 74,591 $ 30,923 $ 27,948 $ (43,718 ) $ 89,744 Total cash, cash equivalents, restricted cash and available-for-sale investment securities $ 1,186,481 $ 779,346 $ 343,754 $ — $ 2,309,581 Total assets (2) $ 2,864,857 $ 1,135,329 $ 519,263 $ — $ 4,519,449 __________ (1) Amounts represent share-based compensation expense that was not allocated to geographic segments. (2) As adjusted from retrospective adoption of ASC 606. See NOTE 2—Summary of Significant Accounting Policies for detailed information on adoption of ASC 606.
Summary of Revenue from Unaffiliated Customers	The Company approximates its geographic sources of revenue based on the country of origin of its non-cancellable subscription and service agreements initiated during the year (commonly referred to as bookings). The following table lists revenue from unaffiliated customers in the U.S., the Company’s country of domicile, and revenue from foreign countries (in thousands): Three Months Ended May 31, 2018 May 31, 2017 U.S., the Company’s country of domicile $ 442,421 $ 394,542 Foreign 371,109 282,254 Total revenue from unaffiliated customers $ 813,530 $ 676,796
Summary of Tangible Long-Lived Assets	Total tangible long-lived assets located in the U.S., the Company’s country of domicile, and similar tangible long-lived assets held outside the U.S. are summarized in the following table (in thousands): May 31, 2018 February 28, 2018 U.S., the Company’s country of domicile $ 132,328 $ 137,112 Foreign 64,325 68,993 Total tangible long-lived assets $ 196,653 $ 206,105
Summary of Subscription Revenue and Services by Technology Classes	The following table provides further detail, by type, of the Company’s subscription and services revenues. Subscription revenue for infrastructure-related offerings includes subscription revenue generated from Red Hat Enterprise Linux and related technologies such as Red Hat Satellite and Red Hat Virtualization. Subscription revenue generated from the Company’s Application Development-related and other emerging technology offerings includes Red Hat JBoss Middleware, Red Hat OpenShift, Red Hat Cloud Infrastructure, Red Hat OpenStack Platform, Red Hat Ansible Automation, Red Hat CloudForms, Red Hat Storage technologies and Red Hat Mobile Application Platform (in thousands): Three Months Ended May 31, 2018 May 31, 2017 Subscription revenue: Infrastructure-related offerings $ 522,402 $ 457,961 Application Development-related and other emerging technology offerings 189,119 138,547 Total subscription revenue 711,521 596,508 Training and services revenue: Consulting services 79,147 61,488 Training 22,862 18,800 Total training and services revenue 102,009 80,288 Total revenue $ 813,530 $ 676,796

Business Combinations (Tables)

Business Combinations (Tables)	3 Months Ended
	May 31, 2018
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 acquisitions of CoreOS, Permabit and Codenvy had occurred as of the beginning of the fiscal year prior to the fiscal year of acquisition, 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 fiscal year prior to the fiscal year of acquisition. Three Months Ended May 31, 2017 Revenue $ 679,373 Net income $ 66,852 Basic net income per common share $ 0.38 Diluted net income per common share $ 0.37
Summary of Changes in Goodwill	The following is a summary of goodwill (in thousands): Balance at February 28, 2018 $ 1,288,830 Impact of foreign currency fluctuations (7,589 ) Other adjustments (2,533 ) Balance at May 31, 2018 $ 1,278,708

Summary of Significant Accoun39

Summary of Significant Accounting Policies - Narrative (Detail)	3 Months Ended
	May 31, 2018
Minimum
Disaggregation of Revenue [Line Items]
Contract payment terms	30 days
Maximum
Disaggregation of Revenue [Line Items]
Contract payment terms	60 days

Summary of Significant Accoun40

Summary of Significant Accounting Policies - Summary of Consolidated Balance Sheets Adjustments (Detail) - USD ($) $ in Thousands	May 31, 2018	Feb. 28, 2018
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Prepaid expenses	$ 247,175	$ 267,197	[1]
Deferred tax assets, net	82,826	92,606	[1]
Other assets, net	78,807	89,460	[1]
Accounts payable and accrued expenses	359,706	427,139	[1]
Retained earnings	$ 1,733,270	1,619,688	[1]
As Reported
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Prepaid expenses		260,092
Deferred tax assets, net		93,300
Other assets, net		87,924
Accounts payable and accrued expenses		427,086
Retained earnings		1,611,794
Accounting Standards Update 2014-09 | Adjustments
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Prepaid expenses		7,105
Deferred tax assets, net		(694)
Other assets, net		1,536
Accounts payable and accrued expenses		53
Retained earnings		$ 7,894
[1]	Derived from audited financial statements except for line items adjusted by the retrospective application of ASC 606. See NOTE 2—Summary of Significant Accounting Policies for detailed information on adoption of ASC 606.

Summary of Significant Accoun41

Summary of Significant Accounting Policies - Summary of Consolidated Statements of Operations Adjustments (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	May 31, 2018	May 31, 2017
Operating expense:
Sales and marketing	$ 348,815	$ 294,323	[1]
Net income	$ 113,190	$ 75,314	[1],[2],[3]
Net income per share:
Basic (in dollars per share)	$ 0.64	$ 0.42	[1]
Diluted (in dollars per share)	$ 0.59	$ 0.41	[1]
As Reported
Operating expense:
Sales and marketing		$ 296,459
Net income		$ 73,190
Net income per share:
Basic (in dollars per share)		$ 0.41
Diluted (in dollars per share)		$ 0.40
Accounting Standards Update 2014-09 | Adjustments
Operating expense:
Sales and marketing		$ (2,136)
Net income		$ 2,124
Net income per share:
Basic (in dollars per share)		$ 0.01
Diluted (in dollars per share)		$ 0.01
[1]	As adjusted to reflect the impact of the retrospective application of ASC 606. See NOTE 2—Summary of Significant Accounting Policies for detailed information on adoption of ASC 606.
[2]	As adjusted to reflect the impact of the retrospective application of ASC 606. See NOTE 2—Summary of Significant Accounting Policies for detailed information on adoption of ASC 606.
[3]	As adjusted to reflect the impact of the retrospective application of ASC 606. See NOTE 2—Summary of Significant Accounting Policies for detailed information on adoption of ASC 606.

Accounts Receivable (Detail)

Accounts Receivable (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	May 31, 2018	Feb. 28, 2018
Allowance for Doubtful Accounts Receivable [Roll Forward]
Balance at beginning of period	$ 2,167	$ 2,791
Charged to (recovery of) expense	562	172
Adjustments	(163)	(796)
Balance at end of period	2,566	2,167
Unbilled contracts receivable	$ 28,600	$ 25,800

Identifiable Intangible Asset43

Identifiable Intangible Assets - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	May 31, 2018	Feb. 28, 2018
Acquired Finite-Lived Intangible Assets [Line Items]
Carrying amount for trademarks with an indefinite estimated useful life	$ 11.6	$ 12
Minimum
Acquired Finite-Lived Intangible Assets [Line Items]
Total identified intangible assets, useful life (in years)	2 years
Maximum
Acquired Finite-Lived Intangible Assets [Line Items]
Total identified intangible assets, useful life (in years)	10 years

Identifiable Intangible Asset44

Identifiable Intangible Assets - Schedule of Identifiable Intangible Assets (Detail) - USD ($) $ in Thousands	May 31, 2018	Feb. 28, 2018
Finite-Lived Intangible Assets [Line Items]
Gross Amount	$ 510,162	$ 505,871
Accumulated Amortization	(289,986)	(280,918)
Net Amount	220,176	224,953	[1]
Trademarks, copyrights and patents
Finite-Lived Intangible Assets [Line Items]
Gross Amount	169,385	167,005
Accumulated Amortization	(73,732)	(70,749)
Net Amount	95,653	96,256
Purchased technologies
Finite-Lived Intangible Assets [Line Items]
Gross Amount	210,714	208,096
Accumulated Amortization	(98,336)	(93,748)
Net Amount	112,378	114,348
Customer and reseller relationships
Finite-Lived Intangible Assets [Line Items]
Gross Amount	105,665	106,076
Accumulated Amortization	(96,735)	(95,558)
Net Amount	8,930	10,518
Covenants not to compete
Finite-Lived Intangible Assets [Line Items]
Gross Amount	15,565	15,861
Accumulated Amortization	(14,300)	(14,324)
Net Amount	1,265	1,537
Other intangible assets
Finite-Lived Intangible Assets [Line Items]
Gross Amount	8,833	8,833
Accumulated Amortization	(6,883)	(6,539)
Net Amount	$ 1,950	$ 2,294
[1]	Derived from audited financial statements except for line items adjusted by the retrospective application of ASC 606. See NOTE 2—Summary of Significant Accounting Policies for detailed information on adoption of ASC 606.

Identifiable Intangible Asset45

Identifiable Intangible Assets - Schedule of Amortization Expense Associated with Identifiable Intangible Assets (Detail) - USD ($) $ in Thousands	3 Months Ended
	May 31, 2018	May 31, 2017
Finite-Lived Intangible Assets [Line Items]
Total amortization expense	$ 10,254	$ 7,499
Cost of revenue
Finite-Lived Intangible Assets [Line Items]
Total amortization expense	6,485	4,180
Sales and marketing
Finite-Lived Intangible Assets [Line Items]
Total amortization expense	1,362	1,459
Research and development
Finite-Lived Intangible Assets [Line Items]
Total amortization expense	34	34
General and administrative
Finite-Lived Intangible Assets [Line Items]
Total amortization expense	$ 2,373	$ 1,826

Deferred Selling Costs (Detail)

Deferred Selling Costs (Detail) - USD ($)	3 Months Ended
	May 31, 2018	May 31, 2017	Feb. 28, 2018
Revenue from Contract with Customer [Abstract]
Deferred commissions, current	$ 181,901,000		$ 188,944,000
Deferred commissions, non-current	39,295,000		48,653,000
Total deferred commissions	221,196,000		$ 237,597,000
Amortization expense	56,200,000	$ 44,100,000
Impairment loss	$ 0	$ 0

Derivative Instruments (Detail)

Derivative Instruments (Detail) - USD ($) $ in Thousands	3 Months Ended
	May 31, 2018	May 31, 2017
Derivative [Line Items]
Total, Fair Value	$ (679)	$ 141
Notional value of foreign currency forward contracts not designated as hedges	49,666	45,954
Amount of unrealized gain (loss) recognized in income on derivatives	(847)	285
Other current assets
Derivative [Line Items]
Assets—foreign currency forward contracts not designated as hedges	111	278
Notional value of foreign currency forward contracts not designated as hedges, assets	21,554	18,901
Accounts payable and accrued expenses
Derivative [Line Items]
Liabilities—foreign currency forward contracts not designated as hedges	(790)	(137)
Notional value of foreign currency forward contracts not designated as hedges, liabilities	28,112	27,053
Derivative Liabilities | Other expense, net
Derivative [Line Items]
Amount of unrealized gain (loss) recognized in income on derivatives	(1,136)	(320)
Derivative Assets | Other expense, net
Derivative [Line Items]
Amount of unrealized gain (loss) recognized in income on derivatives	$ 289	$ 605

Income Taxes (Detail)

Income Taxes (Detail) - USD ($) $ in Millions	3 Months Ended
	May 31, 2018	May 31, 2017
Income Taxes [Line Items]
Effective tax rate	(1.50%)	13.50%
Federal statutory rate	21.00%	35.00%
Net discrete tax benefits	$ 26.8	$ 11.6
Significant change in unrecognized tax benefits, nature of event	as a result of statutes of limitations expirations in various tax jurisdictions
Maximum
Income Taxes [Line Items]
Decrease in unrecognized tax benefits	$ 0.1

Convertible Notes - Additional

Convertible Notes - Additional Information (Detail) $ / shares in Units, $ in Thousands	Jul. 06, 2018USD ($)	Oct. 07, 2014USD ($)day$ / shares	Oct. 01, 2014USD ($)$ / sharesshares	Aug. 31, 2018USD ($)	May 31, 2018USD ($)$ / sharesshares	Feb. 28, 2018USD ($)	[1]	May 31, 2017$ / shares
Debt Instrument [Line Items]
Convertible threshold, trading days | day		20
Convertible threshold, consecutive trading days | day		30
Percentage of stock price trigger		130.00%
Stock price trigger (in dollars per share) | $ / shares		$ 95.43
Closing price of common stock (in dollars per share) | $ / shares					$ 162.42
If-converted value in excess of principal					$ 944,500
Convertible notes					$ 194,544	$ 23,806
Strike price of warrants (in dollars per share) | $ / shares			$ 101.65		$ 101.65			$ 101.65
Purchase of convertible note hedges			$ 148,000
Proceeds from issuance of warrants			$ 79,800
Number of shares of common stock underlying the warrants | shares			10,965,630
Fundamental Change
Debt Instrument [Line Items]
Repurchase of note principal amount		100.00%
Default
Debt Instrument [Line Items]
Repurchase of note principal amount		100.00%
Ownership percentage of outstanding principal amount		25.00%
0.25% Convertible Senior Notes due 2019
Debt Instrument [Line Items]
Debt instrument, face amount		$ 805,000
Debt instrument, interest rate					0.25%			0.25%
Converted instrument, amount					$ 26,000
Converted instrument, shares issued (in shares) | shares					185,252
Loss on settled conversions					$ 300
Options exercised under convertible note hedge transaction (in shares) | shares					185,239
0.25% Convertible Senior Notes due 2019 | Unsecured Debt
Debt Instrument [Line Items]
Debt instrument, offering date		Oct. 1, 2014
Debt instrument, interest rate		0.25%
Frequency of interest payment		semiannually in arrears on April 1 and October 1 of each year, beginning on April 1, 2015.
Debt instrument, maturity date		Oct. 1, 2019
Common stock conversion rate		0.0136219
Debt instrument, convertible, conversion price (in dollars per share) | $ / shares		$ 73.41	$ 73.41
Forecast | 0.25% Convertible Senior Notes due 2019
Debt Instrument [Line Items]
Converted instrument, amount				$ 202,300
Subsequent Event | 0.25% Convertible Senior Notes due 2019
Debt Instrument [Line Items]
Instrument conversion requests, amount	$ 45,300
Future principal amount of convertible debt	$ 531,400
[1]	Derived from audited financial statements except for line items adjusted by the retrospective application of ASC 606. See NOTE 2—Summary of Significant Accounting Policies for detailed information on adoption of ASC 606.

Convertible Notes - Components

Convertible Notes - Components of Convertible Notes (Detail) - USD ($) $ in Thousands	May 31, 2018	Feb. 28, 2018
Liability Component [Abstract]
Net carrying amount	$ 554,503	$ 744,194	[1]
Unsecured Debt | 0.25% Convertible Senior Notes due 2019
Liability Component [Abstract]
Principal	779,013	804,966
Less: debt issuance costs	(3,864)	(4,695)
Less: debt discount	(26,102)	(32,271)
Net carrying amount	749,047	768,000
Equity component	$ 96,051	$ 96,890
[1]	Derived from audited financial statements except for line items adjusted by the retrospective application of ASC 606. See NOTE 2—Summary of Significant Accounting Policies for detailed information on adoption of ASC 606.

Convertible Notes - Interest Ex

Convertible Notes - Interest Expense Related to Convertible Notes (Detail) - 0.25% Convertible Senior Notes due 2019 - USD ($) $ in Thousands	3 Months Ended
	May 31, 2018	May 31, 2017
Debt Instrument [Line Items]
Coupon rate 0.25% per year, payable semiannually	$ 471	$ 503
Amortization of convertible note issuance costs — liability component	831	673
Accretion of debt discount	5,007	4,867
Total interest expense related to convertible notes	$ 6,309	$ 6,043
Coupon rate per year	0.25%	0.25%

Convertible Notes - Fair Value

Convertible Notes - Fair Value of Notes Based on Inputs Observable in Market (Level 2) and Carrying Value of Debt Instruments (Detail) - USD ($) $ in Thousands	May 31, 2018	Feb. 28, 2018
Debt Instrument [Line Items]
Carrying value, convertible notes	$ 554,503	$ 744,194	[1]
Level 2
Debt Instrument [Line Items]
Fair value, convertible notes	753,518
Unsecured Debt | 0.25% Convertible Senior Notes due 2019
Debt Instrument [Line Items]
Carrying value, convertible notes	$ 749,047	$ 768,000
[1]	Derived from audited financial statements except for line items adjusted by the retrospective application of ASC 606. See NOTE 2—Summary of Significant Accounting Policies for detailed information on adoption of ASC 606.

Commitments and Contingencies (

Commitments and Contingencies (Detail) - USD ($) $ in Millions	3 Months Ended
	May 31, 2018	May 31, 2017
Commitments and Contingencies Disclosure [Abstract]
Rent expense under operating leases	$ 13.4	$ 12.5

Stockholders' Equity - Summary

Stockholders' Equity - Summary of Changes in Stockholders' Equity (Detail) - USD ($) $ in Thousands	3 Months Ended
	May 31, 2018		May 31, 2017		Feb. 28, 2018
Changes in Stockholders' Equity
Beginning Balance	$ 1,478,124	[1]	$ 1,252,166
Net income	113,190		75,314	[2],[3],[4]
Other comprehensive income (loss), net of tax	(10,905)		22,612	[4]
Vest and exercise of share-based awards	875		2,968
Common stock repurchase	(150,019)		(61,987)
Share-based compensation expense	46,005		43,718
Minimum tax withholdings paid by the Company on behalf of employees related to net settlement of employee share-based awards	(77,094)		(41,010)
Re-issuance of treasury stock under employee stock purchase plan	32,211		23,748
Convertible note conversions	(835)
Exercise of convertible note hedges	0
Other adjustments			(5,015)
Cumulative-effect adjustment from adoption of ASU 2016-01					$ 392
Ending Balance	1,431,944		1,312,514
Common Stock
Changes in Stockholders' Equity
Beginning Balance	24		24
Ending Balance	24		24
Additional Paid-In Capital
Changes in Stockholders' Equity
Beginning Balance	2,416,080		2,294,462
Vest and exercise of share-based awards	875		2,968
Common stock repurchase	(17,175)
Share-based compensation expense	46,005		43,718
Minimum tax withholdings paid by the Company on behalf of employees related to net settlement of employee share-based awards	(77,094)		(41,010)
Re-issuance of treasury stock under employee stock purchase plan	18,471
Convertible note conversions	(835)
Exercise of convertible note hedges	13,598
Other adjustments			(5,015)
Ending Balance	2,399,925		2,295,123
Retained Earnings
Changes in Stockholders' Equity
Beginning Balance	1,619,688		1,357,837
Net income	113,190		75,314
Cumulative-effect adjustment from adoption of ASU 2016-01					$ 392
Ending Balance	1,733,270		1,433,151
Treasury Stock
Changes in Stockholders' Equity
Beginning Balance	(2,525,072)		(2,311,805)
Common stock repurchase	(132,844)		(61,987)
Re-issuance of treasury stock under employee stock purchase plan	13,740		23,748
Convertible note conversions	0
Exercise of convertible note hedges	(13,598)
Ending Balance	(2,657,774)		(2,350,044)
Accumulated Other Comprehensive Loss
Changes in Stockholders' Equity
Beginning Balance	(32,596)		(88,352)
Other comprehensive income (loss), net of tax	(10,905)		22,612
Ending Balance	$ (43,501)		$ (65,740)
[1]	Derived from audited financial statements except for line items adjusted by the retrospective application of ASC 606. See NOTE 2—Summary of Significant Accounting Policies for detailed information on adoption of ASC 606.
[2]	As adjusted to reflect the impact of the retrospective application of ASC 606. See NOTE 2—Summary of Significant Accounting Policies for detailed information on adoption of ASC 606.
[3]	As adjusted to reflect the impact of the retrospective application of ASC 606. See NOTE 2—Summary of Significant Accounting Policies for detailed information on adoption of ASC 606.
[4]	As adjusted to reflect the impact of the retrospective application of ASC 606. See NOTE 2—Summary of Significant Accounting Policies for detailed information on adoption of ASC 606.

Stockholders' Equity - Addition

Stockholders' Equity - Additional Information (Detail) - USD ($)	Jun. 22, 2016	May 31, 2018	May 31, 2017	May 31, 2018
Shareholders Equity [Line Items]
Aggregate cost of common stock repurchased		$ 150,019,000	$ 61,987,000
June 2016 Share Repurchase Program
Shareholders Equity [Line Items]
Common stock amount authorized for stock repurchase program	$ 1,000,000,000
Stock repurchase program termination date	Jun. 30, 2018
Common stock, purchased during the period (in shares)		948,638		8,167,871
Aggregate cost of common stock repurchased		$ 150,000,000		$ 751,300,000
Stock available for repurchase		248,700,000		$ 248,700,000
Additional Paid-In Capital
Shareholders Equity [Line Items]
Aggregate cost of common stock repurchased		$ 17,175,000
Additional Paid-In Capital | June 2016 Share Repurchase Program
Shareholders Equity [Line Items]
Common stock, purchased during the period (in shares)		103,744
Aggregate cost of common stock repurchased		$ 17,200,000

Stockholders' Equity - Summar56

Stockholders' Equity - Summary of Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Thousands	May 31, 2018	Feb. 28, 2018
Equity [Abstract]
Accumulated loss from foreign currency translation adjustment	$ (40,510)	$ (29,679)
Accumulated unrealized loss, net of tax, on available-for-sale securities	(2,991)	(2,917)
Accumulated other comprehensive loss	$ (43,501)	$ (32,596)	[1]
[1]	Derived from audited financial statements except for line items adjusted by the retrospective application of ASC 606. See NOTE 2—Summary of Significant Accounting Policies for detailed information on adoption of ASC 606.

Deferred Revenue and Performa57

Deferred Revenue and Performance Obligations - Summary of Deferred Revenue Activity (Detail) $ in Thousands	3 Months Ended
	May 31, 2018USD ($)
Change in Contract with Customer, Liability [Roll Forward]
Deferred revenue, short-term, beginning balance	$ 1,853,719
Deferred revenue, long-term, beginning balance	741,453
Total deferred revenue, beginning balance	2,595,172
Revenue recognized from opening balance, current	(611,353)
Revenue recognized from opening balance, noncurrent	0
Revenue recognized from opening balance	(611,353)
Deferred revenue net, short-term	478,934
Deferred revenue net, long-term	(18,246)
Deferred revenue net	460,688
Deferred revenue, short-term, ending balance	1,721,300
Deferred revenue, long-term, ending balance	723,207
Total deferred revenue, ending balance	$ 2,444,507

Deferred Revenue and Performa58

Deferred Revenue and Performance Obligations - Narrative (Detail) - USD ($) $ in Thousands	May 31, 2018	Feb. 28, 2018
Revenue from Contract with Customer [Abstract]
Total deferred revenue	$ 2,444,507	$ 2,595,172
Remaining performance obligation	3,200,000
Amount of potential remaining performance obligation	122,800
Backlog	$ 3,330,000

Deferred Revenue and Performa59

Deferred Revenue and Performance Obligations - Remaining Performance Obligation (Detail) - Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2018-06-01	3 Months Ended
	May 31, 2018
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, percentage	60.00%
Remaining performance obligation, expected timing of satisfaction, period	12 months

Earnings Per Share - Reconcilia

Earnings Per Share - Reconciliation of Numerators and Denominators of Earnings Per Share Calculation (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	May 31, 2018	May 31, 2017
Earnings Per Share [Abstract]
Net income, basic and diluted	$ 113,190	$ 75,314	[1],[2],[3]
Weighted average common shares outstanding (in shares)	177,302	177,243	[1]
Incremental shares attributable to assumed vesting or exercise of outstanding equity award shares (in shares)	3,833	2,974
Dilutive effect of convertible notes (in shares)	5,686	1,593
Dilutive effect of warrants (in shares)	3,918	0
Diluted shares (in shares)	190,739	181,810	[1]
Diluted net income per share (in dollars per share)	$ 0.59	$ 0.41	[1]
[1]	As adjusted to reflect the impact of the retrospective application of ASC 606. See NOTE 2—Summary of Significant Accounting Policies for detailed information on adoption of ASC 606.
[2]	As adjusted to reflect the impact of the retrospective application of ASC 606. See NOTE 2—Summary of Significant Accounting Policies for detailed information on adoption of ASC 606.
[3]	As adjusted to reflect the impact of the retrospective application of ASC 606. See NOTE 2—Summary of Significant Accounting Policies for detailed information on adoption of ASC 606.

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Detail) - $ / shares	May 31, 2018	May 31, 2017	Oct. 01, 2014
Earnings Per Share [Abstract]
Warrants outstanding (in shares)	10,965,630	10,965,630
Exercise price per share (in dollars per share)	$ 101.65	$ 101.65	$ 101.65

Earnings Per Share - Shares Con

Earnings Per Share - Shares Considered Anti-Dilutive for Calculating Diluted EPS (Detail) - shares shares in Thousands	3 Months Ended
	May 31, 2018	May 31, 2017
Stock Options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Number of shares considered anti-dilutive for calculating diluted EPS (in shares)	0	14

Share-based Awards - Additional

Share-based Awards - Additional Information (Detail) - USD ($)	3 Months Ended
	May 31, 2018	May 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Fair value assumptions, method used	Black-Scholes-Merton
Share-based compensation expense capitalized	$ 0	$ 0

Share-based Awards - Share-Base

Share-based Awards - Share-Based Compensation Expense (Detail) - USD ($) $ in Thousands	3 Months Ended
	May 31, 2018	May 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total share-based compensation expense (1)	$ 46,005	$ 43,718	[1]
Cost of revenue
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total share-based compensation expense (1)	5,128	3,948
Sales and marketing
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total share-based compensation expense (1)	19,520	20,612
Research and development
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total share-based compensation expense (1)	14,782	13,447
General and administrative
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total share-based compensation expense (1)	6,575	5,711
Employee Stock Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total share-based compensation expense (1)	$ 4,000	$ 2,900
[1]	As adjusted to reflect the impact of the retrospective application of ASC 606. See NOTE 2—Summary of Significant Accounting Policies for detailed information on adoption of ASC 606.

Share-based Awards - Summary of

Share-based Awards - Summary of Share-Based Awards Granted During Period (Detail) - $ / shares	3 Months Ended
	May 31, 2018	May 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares and Shares Underlying Awards (in shares)	906,683	1,204,517
Weighted Average Per Share Award Fair Value (in dollars per share)	$ 161.32	$ 86.72
Service-based shares and share units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares and Shares Underlying Awards (in shares)	669,450	838,395
Weighted Average Per Share Award Fair Value (in dollars per share)	$ 160.53	$ 86.17
Performance share units—target
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares and Shares Underlying Awards (in shares)	173,014	261,760
Weighted Average Per Share Award Fair Value (in dollars per share)	$ 163.56	$ 87.99
Targeted percentage of performance share units earned by executive	200.00%
Performance share awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares and Shares Underlying Awards (in shares)	64,219	104,362
Weighted Average Per Share Award Fair Value (in dollars per share)	$ 163.56	$ 87.99
Vesting right description	These shares were awarded subject to the achievement of a specified dollar amount of revenue for the fiscal year ending February 28, 2018 (the “RSA Performance Goal”). If the Company fails to achieve the RSA Performance Goal for the fiscal year ending February 28, 2018, then all such shares are forfeited. If the Company achieves the RSA Performance Goal for the fiscal year ending February 28, 2018, then 25% of the restricted stock vests on or about July 16, 2018, and the remainder vests ratably on a quarterly basis over the course of the subsequent three-year period, provided that the grantee’s business relationship with the Company has not ceased.
Vesting period	3 years
Percentage vested after one year if performance conditions achieved	25.00%
Share-based Compensation Award, Tranche One | Performance share units—target
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting right description	Half of the target number of PSUs can be earned by the grantees depending upon the Company’s financial performance measured against the financial performance of specified peer companies during a three-year performance period beginning on March 1, 2018.
Vesting period	3 years
Share-based Compensation Award, Tranche Two | Performance share units—target
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting right description	The remaining target number of PSUs can be earned by the grantees depending upon the Company’s total shareholder return performance measured against the total shareholder return performance of specified peer companies during a three-year period beginning on March 1, 2018.
Vesting period	3 years

Assets and Liabilities Measur66

Assets and Liabilities Measured at Fair Value on a Recurring Basis - Summary of Financial Assets and Liabilities Measured at Fair Value (Detail) - USD ($) $ in Thousands	May 31, 2018	Feb. 28, 2018
Assets:
Money markets	$ 349,062	$ 334,665
Interest-bearing deposits	87,494	61,125
Available-for-sale securities, debt securities	671,155
Available-for-sale, equity securities		1,166
Foreign currency derivatives	111	298
Liabilities:
Foreign currency derivatives	(790)	(312)
Total	1,706,870	1,701,766
Cash	819,600	771,200
Level 1
Assets:
Money markets	349,062	334,665
Interest-bearing deposits	0	0
Available-for-sale, equity securities		1,166
Foreign currency derivatives	0	0
Liabilities:
Foreign currency derivatives	0	0
Total	349,062	335,831
Level 2
Assets:
Money markets	0	0
Interest-bearing deposits	87,494	61,125
Available-for-sale, equity securities		0
Foreign currency derivatives	111	298
Liabilities:
Foreign currency derivatives	(790)	(312)
Total	1,357,808	1,365,935
Level 3
Assets:
Money markets	0	0
Interest-bearing deposits	0	0
Available-for-sale, equity securities		0
Foreign currency derivatives	0	0
Liabilities:
Foreign currency derivatives	0	0
Total	0	0
Commercial paper
Assets:
Available-for-sale securities, debt securities	609,776	615,043
Commercial paper | Level 1
Assets:
Available-for-sale securities, debt securities	0	0
Commercial paper | Level 2
Assets:
Available-for-sale securities, debt securities	609,776	615,043
Commercial paper | Level 3
Assets:
Available-for-sale securities, debt securities	0	0
U.S. agency securities
Assets:
Available-for-sale securities, debt securities	303,837	308,267
U.S. agency securities | Level 1
Assets:
Available-for-sale securities, debt securities	0	0
U.S. agency securities | Level 2
Assets:
Available-for-sale securities, debt securities	303,837	308,267
U.S. agency securities | Level 3
Assets:
Available-for-sale securities, debt securities	0	0
Corporate securities
Assets:
Available-for-sale securities, debt securities	357,380	381,514
Corporate securities | Level 1
Assets:
Available-for-sale securities, debt securities	0	0
Corporate securities | Level 2
Assets:
Available-for-sale securities, debt securities	357,380	381,514
Corporate securities | Level 3
Assets:
Available-for-sale securities, debt securities	$ 0	$ 0

Assets and Liabilities Measur67

Assets and Liabilities Measured at Fair Value on a Recurring Basis - Investments Measured at Fair Value (Detail) - USD ($) $ in Thousands	May 31, 2018	Feb. 28, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, debt securities	$ 671,155
Cash, cash equivalents and available-for-sale securities amortized cost	1,712,376	$ 1,706,517
Gross Unrealized Gains	546	1,212
Gross Unrealized Losses	(5,373)	(5,949)
Cash, cash equivalents and available-for-sale securities	1,707,549	1,701,780
Available-for-sale equity securities, amortized cost basis		650
Available-for-sale equity securities, gross unrealized gain, before tax		516
Available-for-sale equity securities, gross unrealized loss, before tax		0
Available-for-sale securities, equity securities		1,166
Accumulated unrealized losses related to investments in unrealized loss position 12 months or longer	4,100	4,400
Fair value of investments with unrealized losses	528,400	515,400
Cash Equivalent Marketable Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalent marketable securities	948,900	952,980
Investments in debt and equity securities, short-term
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	329,872	318,358
Available-for-sale securities, equity securities		1,166
Investments in debt securities, long-term
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	428,777	430,442
Available-for-sale securities, equity securities		0
Interest-bearing deposits
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities, amortized cost	87,494	61,125
Available-for-sale debt securities, gross unrealized gain, before tax		0
Available-for-sale debt securities, gross unrealized loss, before tax		0
Available-for-sale securities, debt securities	87,494	61,125
Interest-bearing deposits | Investments in debt and equity securities, short-term
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, debt securities	87,494	61,125
Interest-bearing deposits | Investments in debt securities, long-term
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, debt securities		0
U.S. agency securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities, amortized cost	307,704	312,537
Available-for-sale debt securities, gross unrealized gain, before tax	6	0
Available-for-sale debt securities, gross unrealized loss, before tax	(3,873)	(4,270)
Available-for-sale securities, debt securities	303,837	308,267
U.S. agency securities | Investments in debt and equity securities, short-term
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, debt securities	99,685	93,175
U.S. agency securities | Investments in debt securities, long-term
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, debt securities	204,152	215,092
Corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale debt securities, amortized cost	358,340	382,497
Available-for-sale debt securities, gross unrealized gain, before tax	540	696
Available-for-sale debt securities, gross unrealized loss, before tax	(1,500)	(1,679)
Available-for-sale securities, debt securities	357,380	381,514
Corporate securities | Cash Equivalent Marketable Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, debt securities		3,272
Corporate securities | Investments in debt and equity securities, short-term
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, debt securities	132,755	162,892
Corporate securities | Investments in debt securities, long-term
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, debt securities	224,625	215,350
Money markets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash, cash equivalents and restricted cash	349,062	334,665
Cash and cash equivalents, fair value disclosure	349,062	334,665
Money markets | Cash Equivalent Marketable Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash, cash equivalents and restricted cash	349,062	334,665
Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash, cash equivalents and restricted cash	609,776	615,043
Cash and cash equivalents, fair value disclosure	609,776	615,043
Commercial paper | Cash Equivalent Marketable Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash, cash equivalents and restricted cash	599,838	$ 615,043
Commercial paper | Investments in debt and equity securities, short-term
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash, cash equivalents and restricted cash	$ 9,938

Assets and Liabilities Measur68

Assets and Liabilities Measured at Fair Value on a Recurring Basis - Summary of Stated Maturities of Investment in Debt Securities (Detail) $ in Thousands	May 31, 2018USD ($)
Fair Value Disclosures [Abstract]
May 31, 2018	$ 671,155
Less than 1 Year	242,378
1-5 Years	428,777
More than 5 Years	$ 0

Segment Reporting - Additional

Segment Reporting - Additional Information (Detail) - segment	3 Months Ended
	May 31, 2018	May 31, 2017
Segment Reporting Information [Line Items]
Number of operating segments	3
Number of reportable segments	1
U.S. Government and Agencies | Subscription Revenues | Customer Concentration Risk
Segment Reporting Information [Line Items]
Concentration risk, percentage	10.00%	11.00%

Segment Reporting - Summary of

Segment Reporting - Summary of Revenue, Income (Loss) from Operations, Total Assets and Total Cash, Cash Equivalents and Available-for-Sale Investment Securities by Geographic Segments (Detail) - USD ($) $ in Thousands	3 Months Ended
	May 31, 2018	May 31, 2017		Feb. 28, 2018	[2]
Segment Reporting Information [Line Items]
Total revenue from unaffiliated customers	$ 813,530	$ 676,796	[1]
Income (loss) from operations	112,156	89,744	[1]
Total cash, cash equivalents, restricted cash and available-for-sale investment securities	2,527,129	2,309,581
Total assets	5,191,561	4,519,449		$ 5,474,493
Corporate
Segment Reporting Information [Line Items]
Total revenue from unaffiliated customers	0	0
Income (loss) from operations	(46,005)	(43,718)
Total cash, cash equivalents, restricted cash and available-for-sale investment securities	0	0
Total assets	0	0
Americas | Operating Segment
Segment Reporting Information [Line Items]
Total revenue from unaffiliated customers	500,306	438,380
Income (loss) from operations	71,864	74,591
Total cash, cash equivalents, restricted cash and available-for-sale investment securities	1,524,311	1,186,481
Total assets	3,559,900	2,864,857
EMEA | Operating Segment
Segment Reporting Information [Line Items]
Total revenue from unaffiliated customers	195,148	143,671
Income (loss) from operations	48,860	30,923
Total cash, cash equivalents, restricted cash and available-for-sale investment securities	576,171	779,346
Total assets	1,015,187	1,135,329
Asia Pacific | Operating Segment
Segment Reporting Information [Line Items]
Total revenue from unaffiliated customers	118,076	94,745
Income (loss) from operations	37,437	27,948
Total cash, cash equivalents, restricted cash and available-for-sale investment securities	426,647	343,754
Total assets	$ 616,474	$ 519,263
[1]	As adjusted to reflect the impact of the retrospective application of ASC 606. See NOTE 2—Summary of Significant Accounting Policies for detailed information on adoption of ASC 606.
[2]	Derived from audited financial statements except for line items adjusted by the retrospective application of ASC 606. See NOTE 2—Summary of Significant Accounting Policies for detailed information on adoption of ASC 606.

Segment Reporting - Summary o71

Segment Reporting - Summary of Revenue from Unaffiliated Customers (Detail) - USD ($) $ in Thousands	3 Months Ended
	May 31, 2018	May 31, 2017
Segment Reporting Information [Line Items]
Total revenue from unaffiliated customers	$ 813,530	$ 676,796	[1]
U.S., the Company’s country of domicile
Segment Reporting Information [Line Items]
Total revenue from unaffiliated customers	442,421	394,542
Foreign
Segment Reporting Information [Line Items]
Total revenue from unaffiliated customers	$ 371,109	$ 282,254
[1]	As adjusted to reflect the impact of the retrospective application of ASC 606. See NOTE 2—Summary of Significant Accounting Policies for detailed information on adoption of ASC 606.

Segment Reporting - Summary o72

Segment Reporting - Summary of Tangible Long-Lived Assets (Detail) - USD ($) $ in Thousands	May 31, 2018	Feb. 28, 2018
Segment Reporting, Asset Reconciling Item [Line Items]
Total tangible long-lived assets	$ 196,653	$ 206,105	[1]
U.S., the Company’s country of domicile
Segment Reporting, Asset Reconciling Item [Line Items]
Total tangible long-lived assets	132,328	137,112
Foreign
Segment Reporting, Asset Reconciling Item [Line Items]
Total tangible long-lived assets	$ 64,325	$ 68,993
[1]	Derived from audited financial statements except for line items adjusted by the retrospective application of ASC 606. See NOTE 2—Summary of Significant Accounting Policies for detailed information on adoption of ASC 606.

Segment Reporting - Summary o73

Segment Reporting - Summary of Subscription and Services Revenue by Technology Product (Detail) - USD ($) $ in Thousands	3 Months Ended			12 Months Ended
	May 31, 2018	May 31, 2017		Feb. 28, 2018
Revenue from External Customer [Line Items]
Total revenue	$ 813,530	$ 676,796	[1]
Subscriptions
Revenue from External Customer [Line Items]
Total revenue	711,521	596,508		$ 596,508	[1]
Infrastructure-related offerings
Revenue from External Customer [Line Items]
Total revenue	522,402			457,961
Application Development-related and other emerging technology offerings
Revenue from External Customer [Line Items]
Total revenue	189,119			138,547
Training and services
Revenue from External Customer [Line Items]
Total revenue	102,009	$ 80,288	[1]
Consulting services
Revenue from External Customer [Line Items]
Total revenue	79,147			61,488
Training
Revenue from External Customer [Line Items]
Total revenue	$ 22,862			$ 18,800
[1]	As adjusted to reflect the impact of the retrospective application of ASC 606. See NOTE 2—Summary of Significant Accounting Policies for detailed information on adoption of ASC 606.

Business Combinations - Additio

Business Combinations - Additional Information (Detail) - USD ($) $ in Millions	Jan. 30, 2018	Jul. 31, 2017	Jun. 01, 2017
CoreOS, Inc.
Business Acquisition [Line Items]
Cash paid	$ 238.7
Goodwill acquired	160.7
Identifiable intangible assets acquired	81.7
Net working capital	$ (3.7)
Permabit Technology Corporation
Business Acquisition [Line Items]
Cash paid		$ 49.8
Goodwill acquired		39.4
Identifiable intangible assets acquired		$ 10.4
Codenvy S. A.
Business Acquisition [Line Items]
Cash paid			$ 34.2
Goodwill acquired			25.4
Identifiable intangible assets acquired			11.3
Net working capital			$ (2.5)

Business Combinations - Summary

Business Combinations - Summary of Pro Forma Information (Detail) $ / shares in Units, $ in Thousands	3 Months Ended
	May 31, 2017USD ($)$ / shares
Business Combinations [Abstract]
Revenue | $	$ 679,373
Net income | $	$ 66,852
Basic net income per common share (in dollars per share) | $ / shares	$ 0.38
Diluted net income per common share (in dollars per share) | $ / shares	$ 0.37

Business Combinations - Summa76

Business Combinations - Summary of Changes in Goodwill (Detail) $ in Thousands	3 Months Ended
	May 31, 2018USD ($)
Goodwill [Roll Forward]
Goodwill, beginning balance	$ 1,288,830	[1]
Impact of foreign currency fluctuations	(7,589)
Other adjustments	(2,533)
Goodwill, ending balance	$ 1,278,708
[1]	Derived from audited financial statements except for line items adjusted by the retrospective application of ASC 606. See NOTE 2—Summary of Significant Accounting Policies for detailed information on adoption of ASC 606.

Subsequent Events (Detail)

Subsequent Events (Detail) - USD ($)	Jun. 22, 2016	May 31, 2018	Jun. 30, 2018	Jun. 21, 2018
June 2018 Share Repurchase Program
Subsequent Event [Line Items]
Stock repurchase program expiration description		The new program commenced on July 1, 2018, and will expire on the earlier of (i) June 30, 2020 or (ii) a determination by the Board, Chief Executive Officer or Chief Financial Officer to discontinue the program.
June 2018 Share Repurchase Program | Subsequent Event
Subsequent Event [Line Items]
Common stock amount authorized for stock repurchase program				$ 1,000,000,000
June 2016 Share Repurchase Program
Subsequent Event [Line Items]
Common stock amount authorized for stock repurchase program	$ 1,000,000,000
Stock repurchase program termination date	Jun. 30, 2018
June 2016 Share Repurchase Program | Subsequent Event
Subsequent Event [Line Items]
Stock repurchase program termination date			Jun. 30, 2018