Red Hat 10-K 26 Apr 16 2016 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($) $ in Billions	12 Months Ended
	Feb. 29, 2016	Apr. 19, 2016	Aug. 31, 2015
Document Information [Line Items]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Feb. 29, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	FY
Trading Symbol	RHT
Entity Registrant Name	RED HAT INC
Entity Central Index Key	1,087,423
Current Fiscal Year End Date	--02-29
Entity Well-known Seasoned Issuer	Yes
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		181,436,066
Entity Public Float			$ 11.8

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Feb. 29, 2016	Feb. 28, 2015
Current assets:
Cash and cash equivalents	$ 927,778	$ 1,047,473
Investments in debt securities, short-term	281,142	215,254
Accounts receivable, net of allowances for doubtful accounts of $2,798 and $2,247, respectively	509,715	468,021
Prepaid expenses	150,877	150,715
Other current assets	2,921	1,980
Total current assets	1,872,433	1,883,443
Property and equipment, net of accumulated depreciation and amortization of $194,819 and $190,114, respectively	166,886	172,151
Goodwill	1,027,277	927,060
Identifiable intangibles, net	146,071	134,276
Investments in debt securities, long-term	786,470	546,016
Deferred tax assets, net	111,456	98,892
Other assets, net	44,506	22,731
Total assets	4,155,099	3,784,569	[1]
Current liabilities:
Accounts payable and accrued expenses	284,802	237,733
Deferred revenue	1,272,908	1,095,115
Other current obligations	1,467	1,185
Total current liabilities	1,559,177	1,334,033
Long-term deferred revenue	449,636	387,213
Convertible notes	723,942	702,939
Other long-term obligations	$ 87,912	$ 72,046
Commitments and contingencies (NOTES 14 and 15)
Stockholders' equity:
Preferred stock, 5,000,000 shares authorized, none outstanding	$ 0	$ 0
Common stock, $0.0001 per share par value, 300,000,000 shares authorized, 234,896,137 and 233,061,964 shares issued, 181,185,861 and 183,551,078 shares outstanding at February 29, 2016 and February 28, 2015, respectively	23	23
Additional paid-in capital	2,162,264	1,963,851
Retained earnings	1,099,738	900,373
Treasury stock at cost, 53,710,276 and 49,510,886 shares at February 29, 2016 and February 28, 2015, respectively	(1,853,144)	(1,515,288)
Accumulated other comprehensive loss	(74,449)	(60,621)
Total stockholders' equity	1,334,432	1,288,338
Total liabilities and stockholders' equity	$ 4,155,099	$ 3,784,569
[1]	Includes the effects of retrospective application of ASU 2015-03 and ASU 2015-17.

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Feb. 29, 2016	Feb. 28, 2015
Accounts receivable, allowances for doubtful accounts	$ 2,798	$ 2,247
Property and equipment, accumulated depreciation and amortization	$ 194,819	$ 190,114
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, outstanding	0	0
Common stock, per share par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	300,000,000	300,000,000
Common stock, shares issued	234,896,137	233,061,964
Common stock, shares outstanding	181,185,861	183,551,078
Treasury stock, shares	53,710,276	49,510,886

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Feb. 29, 2016	Feb. 28, 2015	Feb. 28, 2014
Revenue:
Subscriptions	$ 1,803,449	$ 1,561,234	$ 1,336,771
Training and services	248,781	228,255	197,844
Total subscription and training and services revenue	2,052,230	1,789,489	1,534,615
Cost of subscription and training and services revenue:
Cost of subscriptions	126,663	112,856	97,100
Cost of training and services	182,966	160,343	135,500
Total cost of subscription and training and services revenue	309,629	273,199	232,600
Gross profit	1,742,601	1,516,290	1,302,015
Operating expense:
Sales and marketing	848,950	728,387	597,885
Research and development	413,322	367,856	317,263
General and administrative	192,281	170,053	152,407
Facility exit costs			2,171
Total operating expense	1,454,553	1,266,296	1,069,726
Income from operations	288,048	249,994	232,289
Interest income	11,673	8,336	6,645
Interest expense	23,121	9,394	160
Other income (expense), net	(1,735)	6,562	774
Income before provision for income taxes	274,865	255,498	239,548
Provision for income taxes	75,500	75,297	61,256
Net income	$ 199,365	$ 180,201	$ 178,292
Basic net income per common share	$ 1.09	$ 0.97	$ 0.94
Diluted net income per common share	$ 1.07	$ 0.95	$ 0.93
Weighted average shares outstanding
Basic	182,817	186,529	189,920
Diluted	186,119	189,246	192,036

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Feb. 29, 2016	Feb. 28, 2015	Feb. 28, 2014
Net income	$ 199,365	$ 180,201	$ 178,292
Other comprehensive income (loss):
Change in foreign currency translation adjustment	(12,790)	(56,163)	3,945
Available-for-sale securities:
Unrealized gain (loss) on available-for-sale securities during the period	(1,593)	(148)	(466)
Reclassification for gain realized on available-for-sale securities, reported in Other income (expense), net	(4)	(152)	(350)
Tax benefit	559	301	379
Net change in available-for-sale securities (net of tax)	(1,038)	1	(437)
Total other comprehensive income (loss)	(13,828)	(56,162)	3,508
Comprehensive income	$ 185,537	$ 124,039	$ 181,800

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock	Additional Paid-In Capital	Retained Earnings	Treasury Stock	Accumulated Other Comprehensive Income (Loss)
Balance (in shares) at Feb. 28, 2013		229,211
Balance at Feb. 28, 2013	$ 1,520,161	$ 23	$ 1,802,899	$ 541,880	$ (816,674)	$ (7,967)
Net income	178,292			178,292
Other comprehensive income (loss), net of tax	3,508					3,508
Vest and exercise of share-based awards	2,122		2,122
Vest and exercise of share-based awards (in shares)		1,705
Common stock repurchase	(239,363)				(239,363)
Share-based compensation expense	113,774		113,774
Tax benefits related to share-based awards	10,073		10,073
Minimum tax withholdings paid by the Company on behalf of employees related to net settlement of employee share-based awards	(37,402)		(37,402)
Other			382		(382)
Balance (in shares) at Feb. 28, 2014		230,916
Balance at Feb. 28, 2014	1,551,165	$ 23	1,891,848	720,172	(1,056,419)	(4,459)
Net income	180,201			180,201
Other comprehensive income (loss), net of tax	(56,162)					(56,162)
Vest and exercise of share-based awards	2,434		2,434
Vest and exercise of share-based awards (in shares)		2,146
Common stock repurchase	(535,062)		(75,000)		(460,062)
Share-based compensation expense	135,232		135,232
Assumed employee share-based awards from acquisitions	895		895
Tax benefits related to share-based awards	6,436		6,436
Minimum tax withholdings paid by the Company on behalf of employees related to net settlement of employee share-based awards	(43,462)		(43,462)
Equity component of convertible notes	96,890		96,890
Equity component of convertible notes issuance cost	(1,833)		(1,833)
Purchase of convertible note hedges	(148,040)		(148,040)
Proceeds from issuance of warrants	79,776		79,776
Deferred taxes related to convertible notes	19,868		19,868
Other			(1,193)		1,193
Balance (in shares) at Feb. 28, 2015		233,062
Balance at Feb. 28, 2015	1,288,338	$ 23	1,963,851	900,373	(1,515,288)	(60,621)
Net income	199,365			199,365
Other comprehensive income (loss), net of tax	(13,828)					(13,828)
Vest and exercise of share-based awards	3,596		3,596
Vest and exercise of share-based awards (in shares)		1,834
Common stock repurchase	(262,643)		75,000		(337,643)
Share-based compensation expense	166,234		166,234
Assumed employee share-based awards from acquisitions	505		505
Tax benefits related to share-based awards	19,772		19,772
Minimum tax withholdings paid by the Company on behalf of employees related to net settlement of employee share-based awards	(66,907)		(66,907)
Other			213		(213)
Balance (in shares) at Feb. 29, 2016		234,896
Balance at Feb. 29, 2016	$ 1,334,432	$ 23	$ 2,162,264	$ 1,099,738	$ (1,853,144)	$ (74,449)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Feb. 29, 2016	Feb. 28, 2015	Feb. 28, 2014
Cash flows from operating activities:
Net income	$ 199,365	$ 180,201	$ 178,292
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	76,088	76,263	74,405
Amortization of debt discount and transaction costs	21,003	8,227
Deferred income taxes	(13,673)	23,517	13,776
Share-based compensation expense	166,234	135,232	113,774
Net amortization of bond premium on debt securities available for sale	12,169	9,314	8,697
Other	4,418	(3,474)	1,411
Changes in operating assets and liabilities net of effects of acquisitions:
Accounts receivable	(48,404)	(121,536)	(61,785)
Prepaid expenses	(24,486)	(40,741)	(25,122)
Accounts payable and accrued expenses	62,438	71,040	28,436
Deferred revenue	260,495	282,693	205,357
Other	445	2,059	3,339
Net cash provided by operating activities	716,092	622,795	540,580
Cash flows from investing activities:
Purchase of investment in debt securities available for sale	(982,935)	(568,551)	(772,741)
Proceeds from sales and maturities of investment in debt securities available for sale	655,622	580,158	764,122
Acquisitions of businesses, net of cash acquired	(126,459)	(296,121)
Purchase of developed software and other intangible assets	(13,964)	(6,123)	(17,972)
Purchase of property and equipment	(41,553)	(45,648)	(79,587)
Other	(2,819)	11,282	(2,084)
Net cash used in investing activities	(512,108)	(325,003)	(108,262)
Cash flows from financing activities:
Excess tax benefits from share-based payment arrangements	20,231	5,607	12,837
Proceeds from exercise of common stock options	3,596	2,434	2,122
Purchase of treasury stock	(262,643)	(535,062)	(239,363)
Payments related to settlement of employee shared-based awards	(66,907)	(43,462)	(37,402)
Proceeds from issuance of convertible notes, net of issuance costs		789,769
Purchase of convertible note hedges		(148,040)
Proceeds from issuance of warrants		79,776
Payments on other borrowings	(1,843)	(2,782)	(1,304)
Net cash provided by (used in) financing activities	(307,566)	148,240	(263,110)
Effect of foreign currency exchange rates on cash and cash equivalents	(16,113)	(45,301)	(9,550)
Net increase (decrease) in cash and cash equivalents	(119,695)	400,731	159,658
Cash and cash equivalents at beginning of year	1,047,473	646,742	487,084
Cash and cash equivalents at end of year	927,778	1,047,473	646,742
Cash paid during the year for:
Interest	2,039	52	43
Income taxes	63,400	33,701	34,736
Non-cash investing and financing activities:
Fixed assets acquired under capital leases	$ 1,892	$ 1,818	$ 1,560

Company

Company	12 Months Ended
	Feb. 29, 2016
Company	NOTE 1—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 is often 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	12 Months Ended
	Feb. 29, 2016
Summary of Significant Accounting Policies	NOTE 2—Summary of Significant Accounting Policies Basis of presentation 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. The Consolidated Balance Sheet as of February 28, 2015 includes the effect of retrospective application of Accounting Standards Update 2015-17, Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes Interest Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs . As reported Adjustments for Adjustments for Adjusted ASSETS Current assets: Deferred tax assets, net $ 86,796 (86,796 ) — $ — Non-current assets: Deferred tax assets, net $ — 98,892 — $ 98,892 Other assets, net $ 53,243 (18,049 ) (12,463 ) $ 22,731 LIABILITIES Current liabilities: Other current obligations $ 1,844 (659 ) — $ 1,185 Non-current liabilities: Convertible notes $ 715,402 — (12,463 ) $ 702,939 Other long-term obligations $ 77,340 (5,294 ) — $ 72,046 For additional discussion related to recent accounting pronouncements the Company has either recently adopted or is currently evaluating the impact from future adoption, see “Recent accounting pronouncements” in this note. Use of estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America 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. Revenue recognition The Company establishes persuasive evidence of a sales arrangement for each type of revenue transaction based on either a signed contract with the end customer, a click-through contract on the Company’s website whereby the customer agrees to the Company’s standard subscription terms, signed or click-through distribution contracts with original equipment manufacturers (“OEMs”) and other resellers, or, in the case of individual training seats, through receipt of payment which indicates acceptance of the Company’s training agreement terms. 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 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 life of the subscription. 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 errata, fixes, functionality enhancements to the technology and upgrades to the technologies, each on an if and when available basis, 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, value added resellers, systems integrators and OEMs. 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. Subscription arrangements with large enterprise customers often have contracts with multiple elements (e.g., software technology, support, training, consulting and other services). The Company allocates revenue to each element of the arrangement based on vendor-specific objective evidence of each element’s fair value when the Company can demonstrate sufficient evidence of the fair value of at least those elements that are undelivered. The fair value of each element in multiple element arrangements is created by either (i) providing the customer with the ability during the term of the arrangement to renew that element at the same rate paid for the element included in the initial term of the agreement or (ii) selling the element on a stand-alone basis. 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. These cloud-usage services began expanding significantly in fiscal 2013 and have continued to grow. For periods prior to March 1, 2015, the Company recognized cloud-usage revenue upon receipt of usage reports from the CCSPs, which typically report fees owed to the Company one month or more after the fees have been earned. Effective March 1, 2015, the Company believed that it had sufficient historical data and experience to estimate this cloud-usage revenue and has begun estimating the amount of and recognizing such revenue in the period earned. The estimates are based on the historical cloud-usage data available. As a result of the Company’s transition to estimating cloud-usage revenue, the Company’s subscription revenues and pre-tax income for the fiscal year ended February 29, 2016 included an additional, favorable adjustment of $5.3 million. Training and services revenue Training and services revenue is comprised of revenue for consulting, engineering and customer training and education services. Consulting services consist of time-based arrangements, and revenue is recognized as these services are 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 using the percentage of completion basis of accounting, provided the Company has the ability to make reliable estimates of progress towards completion, the fee for such services is fixed or determinable and collection of the resulting receivable is probable. Under the percentage of completion method, earnings under the contract are recognized based on the progress toward completion as estimated using the ratio of labor hours incurred to total expected project hours. Changes in estimates are recognized in the period in which they are known. Revenue for customer training and education services is recognized on the dates the services are complete. Deferred selling costs Deferred commissions are the incremental costs that are directly associated with non-cancelable subscription contracts with customers and consist of sales commissions paid to the Company’s sales force. The commissions are deferred and amortized over a period that approximates the period of the subscription term. 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-cancelable 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. Deferred commissions are included in prepaid expenses on the accompanying Consolidated Balance Sheets. Amortization of deferred commissions is included in sales and marketing expense in the accompanying Consolidated Statements of Operations. Goodwill and other long-lived assets Goodwill The Company evaluates goodwill for impairment during the fourth quarter of its fiscal year or more frequently if events or changes in circumstances indicate that an impairment to goodwill may have occurred. For the year ended February 29, 2016, the Company elected to perform a quantitative assessment of goodwill for all of its reporting units. In doing so, the Company compared the estimated fair value of each of the reporting units to its respective book value, including allocated goodwill. The Company concluded that there were no impairments of goodwill. For the year ended February 28, 2015, the Company applied its test for goodwill impairment as permitted by ASU 2011-08, which allows the Company to first assess qualitative factors to determine whether it is “more likely than not” that the fair value of a reporting unit is less than its carrying value. The outcome of these qualitative tests determines whether it is necessary for a company to perform the two-step goodwill impairment test as required in years prior to the adoption of ASU 2011-08. After considering such qualitative factors as macroeconomic conditions, actual or anticipated changes to cost factors (for example, selling and delivery), overall financial performance and other Company-specific factors, such as potential changes in strategy, the Company determined that it was not more likely than not that any impairment to goodwill had occurred during the year ended February 28, 2015. Consequently, the Company was not required to perform the remaining two-step quantitative goodwill impairment test. Other long-lived assets The Company evaluates the recoverability of its property and equipment and other long-lived assets whenever events or changes in circumstances indicate that an impairment may have occurred. An impairment loss is recognized when the net book value of such assets exceeds the estimated future undiscounted cash flows attributable to the assets or the business to which the assets relate. Impairment losses, if any, are measured as the amount by which the carrying value exceeds the fair value of the assets. See NOTE 8—Other Assets, Net for further discussion of impairment losses on long-lived assets for the years ended February 29, 2016, February 28, 2015 and February 28, 2014. Cash and cash equivalents The Company considers highly liquid investments purchased with a maturity period of three months or less at the date of purchase to be cash equivalents. 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. 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. See NOTE 4—Accounts Receivable for further discussion on accounts receivable balances. Fair value measurements 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 market 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. Upon realization, such amounts are reclassified from accumulated other comprehensive income to Other income (expense), net. Realized gains and losses and other than temporary impairments, if any, are reflected in the consolidated statements of operations as Other income (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 market value, including broker quotes or model valuations. Independent price verifications of all holdings are performed by pricing vendors which 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 market value. See NOTE 18—Assets and Liabilities Measured at Fair Value on a Recurring Basis for further discussion on fair value measurements. 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. Internal use software The Company capitalizes costs related to the development of internal use software for its website, enterprise resource planning system and systems management applications. The Company amortizes the costs of computer software developed for internal use on a straight-line basis over an estimated useful life of five years. The carrying value of internal use software is included in property and equipment on the Company’s Consolidated Balance Sheets. Capitalized software costs Capitalization of software development costs for products to be sold to third parties begins upon the establishment of technological feasibility and ceases when the product is available for general release. As a result of the Company’s practice of frequently releasing source code that it has developed on an on-going basis for unrestricted download on the Internet, there is generally no passage of time between achievement of technological feasibility and the availability of the Company’s product for general release. Therefore, at February 29, 2016 and February 28, 2015, the Company had no internally developed capitalized software costs for products to be sold to third parties. Property and equipment Property and equipment is primarily comprised of furniture, computer equipment, computer software and leasehold improvements, which are recorded at cost and depreciated or amortized using the straight-line method over their estimated useful lives as follows: furniture and fixtures, seven years; computer equipment, three to four years; computer software, five years; leasehold improvements, over the lesser of the estimated remaining useful life of the asset or the remaining term of the lease. Expenditures for maintenance and repairs are charged to operations as incurred; major expenditures for renewals and betterments are capitalized and depreciated. Property and equipment acquired under capital leases are depreciated over the lesser of the estimated remaining useful life of the asset or the remaining term of the lease. Share-based compensation The Company measures share-based compensation cost as of 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, net of estimated forfeitures. 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 (PSUs”) are measured at their underlying closing share price on the date of grant. The Company’s share-based compensation is described further in NOTE 13—Share-based Awards. Sales and marketing expenses Sales and marketing expenses consist of costs, including salaries, sales commissions and related expenses, such as travel, of all personnel involved in the sales and marketing process. Sales and marketing expenses also include costs of advertising, sales lead generation programs, cooperative marketing arrangements and trade shows. Payments made to resellers or other customers are recognized as a reduction of revenue unless the Company (i) receives an identifiable benefit (goods or services) in exchange for such payments that is sufficiently separable from the purchase of the Company’s products and (ii) the Company can reasonably estimate the fair value of the benefit identified. Advertising costs are expensed as incurred. Advertising expense totaled $88.9 million, $62.6 million and $53.4 million for the years ended February 29, 2016, February 28, 2015 and February 28, 2014, respectively. Research and development expenses Research and development expenses include all direct costs, primarily salaries for Company personnel and outside consultants, related to the development of new software products, significant enhancements to existing software products, and the portion of costs of development of internal use software required to be expensed. Research and development costs are charged to operations as incurred with the exception of those software development costs that may qualify for capitalization. Income taxes The Company accounts for income taxes using the liability method in which deferred tax assets or liabilities are recognized for the temporary differences between financial reporting and tax bases of the Company’s assets and liabilities and for tax carryforwards at enacted statutory tax rates in effect for the years in which the differences are expected to reverse. The Company continues to assess the realizability of its deferred tax assets, which primarily consist of share-based compensation expense deductions, tax credit carryforwards and deferred revenue. In assessing the realizability of these deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will be realized. The Company continues to maintain a valuation allowance against its deferred tax assets with respect to certain foreign net operating loss (“NOL”) carryforwards. With respect to foreign earnings, it is the Company’s policy to invest the earnings of foreign subsidiaries indefinitely outside the U.S. From time to time, however, the Company may remit a portion of these earnings to the extent it incurs no additional U.S. tax and it is otherwise feasible. Because tax laws are complex and subject to different interpretations, significant judgment is required. As a result, the Company makes certain estimates and assumptions in (i) calculating its income tax expense, deferred tax assets and deferred tax liabilities, (ii) determining any valuation allowance recorded against deferred tax assets and (iii) evaluating the amount of unrecognized tax benefits, as well as the interest and penalties related to such uncertain tax positions. The Company’s estimates and assumptions may differ significantly from tax benefits ultimately realized. The Company’s income tax expense and deferred taxes are described further in NOTE 11—Income Taxes. Foreign currency translation The Euro has been determined to be the primary functional currency for the Company’s European operations and local currencies have been determined to be the functional currencies for the Company’s Asia Pacific and Latin American operations, with the exception of the Company’s operations in Mexico, where the functional currency is the U.S. dollar. Foreign exchange gains and losses, which result from the process of remeasuring foreign currency transactions into the appropriate functional currency, are included in other income, net in the Company’s Consolidated Statements of Operations. The impact of changes in foreign currency exchange rates resulting from the translation of foreign currency financial statements into U.S. dollars for financial reporting purposes is included in other comprehensive income, which is a separate component of stockholders’ equity. Assets and liabilities are translated into U.S. dollars at exchange rates in effect at the balance sheet date. Income and expense items are translated at average rates for the period. Customers and credit risk Financial instruments, which potentially subject the Company to concentrations of credit risk, consist principally of cash, cash equivalents, investments and trade receivables. The Company primarily places its cash, cash equivalents and investments with high-credit quality financial institutions which invest predominantly in U.S. government instruments, investment grade corporate bonds and certificates of deposit guaranteed by banks which are members of the Federal Deposit Insurance Corporation. Cash deposits are primarily in financial institutions in the U.S. and the United Kingdom. However, cash for monthly operating costs of international operations are deposited in banks outside the U.S. The Company performs credit evaluations to reduce credit risk and generally requires no collateral from its customers. Management estimates the allowance for uncollectible accounts based on their historical experience and credit evaluation. The Company’s standard credit terms are net 30 days in North America, net 30 to 45 days in EMEA (Europe, Middle East and Africa) and Latin America, and range from net 30 to net 60 days in Asia Pacific. Net income per common 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 or vesting of share-based awards. With respect to the Company’s 0.25% convertible senior notes due 2019 (the “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 notes are considered in diluted earnings per share under the treasury stock method. See NOTE 22—Convertible Notes to the Company’s Consolidated Financial Statements for detailed information on the convertible notes. Segment reporting The Company is organized primarily on the basis of three geographic business units: the Americas (U.S., Latin America and Canada), EMEA (Europe, Middle East and Africa) 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, resellers and enterprise). The Company has offices in more than 85 locations around the world. The Company manages its international business on an Americas-wide, EMEA-wide and Asia Pacific-wide basis. See NOTE 20—Segment Reporting for further discussion. Recent accounting pronouncements Accounting pronouncements adopted In November 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update 2015-17, Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes In September 2015, the FASB issued Accounting Standards Update 2015-16, Business Combinations (Topic 805): Simplifying the Accounting for Measurement-Period Adjustments In April 2015, the FASB issued Accounting Standards Update 2015-03, Interest Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs Accounting pronouncements being evaluated In March 2016, the FASB issued Accounting Standards Update 2016-09, Compensation—Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting The Company is currently evaluating the overall impact that ASU 2016-09 will have on its consolidated financial statements. However, a significant impact will result from changes in how the Company recognized the excess tax benefits (“windfalls”) or deficiencies (“shortfalls”) related to share-based payments. For example, such windfalls and shortfalls are currently credited or charged, respectively, to additional paid in capital in the Company’s Consolidated Balance Sheets. Under ASU 2016-09, these windfalls and shortfalls will be recognized as a tax benefit or expense, respectively, in the Company’s Consolidated Statements of Operations. For the years ended February 29, 2016, February 28, 2015 and February 28, 2014, the Company recognized net windfalls totaling $19.8 million, $6.4 million and $10.1 million, respectively, as additional paid in capital. Under the updated guidance these amounts would have instead been recognized as a reduction in tax expense and consequently an increase in net income. In addition to the income tax consequences described above, the excess tax benefits from share-based payment arrangements that the Company currently reports as cash flows from financing activities on its Consolidated Statements of Cash Flows—which totaled $20.2 million, $5.6 million and $12.8 million for the years ended February 29, 2016, February 28, 2015 and February 28, 2014, respectively—will instead, under ASU 2016-09, be reported as cash flows from operating activities on the Company’s Consolidated Statements of Cash Flows. In February 2016, the FASB issued Accounting Standards Update 2016-02, Leases (Topic 842) In January 2016, the FASB issued Accounting Standards Update 2016-01, Financial Instruments—Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities In May 2014, the FASB issued Accounting Standards Update 2014-09, Revenue from Contracts with Customers .

Business Combinations

Business Combinations	12 Months Ended
	Feb. 29, 2016
Business Combinations	NOTE 3—Business Combinations Acquisition of Ansible, Inc. On October 16, 2015 the Company completed its acquisition of all of the shares of Ansible, Inc. (“Ansible”). Ansible is a provider of IT automation solutions that allows its users to manage applications across hybrid cloud environments. The acquisition is intended to augment the Company’s management portfolio and help customers to deploy and manage applications across private and public clouds, speed service delivery through development and operations initiatives, streamline OpenStack installations and upgrades and accelerate container adoption by simplifying orchestration and configuration. The consideration paid was $126.0 million and includes $125.2 million of 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 $126.0 million has been allocated to the Company’s assets and liabilities on a preliminary basis as follows: $102.3 million to goodwill, $25.1 million to identifiable intangible assets and $1.4 million to working capital as a net current liability. During February 2016, the Company completed its valuation of the identifiable intangible assets acquired from Ansible. As a result of the valuation, the Company reduced its preliminary estimate of identifiable intangible assets by $17.3 million to $25.1 million as of February 29, 2016 from $42.4 million as of November 30, 2015. The $17.3 million measurement-period adjustment resulted in an increase to goodwill of $10.8 million and a decrease to deferred taxes of $6.5 million. This adjustment had no significant impact on the Company’s financial results. Management expects to finalize its assessment of the acquisition-date fair value of Ansible’s other assets and liabilities, primarily deferred income taxes, in early fiscal 2017. The Company incurred approximately $3.9 million in transaction costs, including legal and accounting fees, relating to the acquisition. These transaction costs have been expensed as incurred and included in general and administrative expense on the Company’s Consolidated Statement of Operations for the fiscal year ended February 29, 2016. Acquisition of FeedHenry Ltd. On October 8, 2014 the Company completed its acquisition of all of the shares of FeedHenry Ltd. (“FeedHenry”). FeedHenry is a provider of cloud-based enterprise mobile application platforms. The acquisition is intended to expand the Company’s portfolio of application development, integration and platform as a service solutions, enabling the Company to support mobile application development in public and private environments. The consideration paid as of the closing date was $80.2 million and has been allocated to the Company’s assets and liabilities as follows: $68.5 million to goodwill, $9.0 million to identifiable intangible assets and the remaining $2.7 million to net working capital. The Company incurred approximately $1.1 million in transaction costs, including legal and accounting fees, relating to the acquisition. These transaction costs have been expensed as incurred and included in general and administrative expense on the Company’s Consolidated Statement of Operations for the fiscal year ended February 28, 2015. Acquisition of eNovance, SAS On June 24, 2014, the Company completed its acquisition of all of the shares of eNovance, SAS (“eNovance”), a provider of open source cloud computing services. The acquisition is intended to assist in advancing the Company’s market position in OpenStack, and the addition of eNovance’s systems integration capabilities and engineering talent is expected to help meet growing demand for enterprise OpenStack consulting, design and deployment. The consideration paid was $67.6 million and has been allocated to the Company’s assets and liabilities as follows: $60.8 million to goodwill, $5.3 million to identifiable intangible assets and the remaining $1.5 million to net working capital. In addition to the cash consideration transferred, the Company issued a total of 529,057 restricted common shares to certain employee-shareholders. The vesting of these restricted shares is conditioned on continued employment with the Company. As a result of the employment condition, the transfer of these shares has been accounted for apart from the business combination. The shares effectively vest 25% per year, with the closing-date date fair value of the shares being amortized, on a straight-line basis, to share-based compensation expense in the Company’s Consolidated Statement of Operations. The Company incurred approximately $0.9 million in transaction costs, including legal and accounting fees, relating to the acquisition. These transaction costs have been expensed as incurred and included in general and administrative expense on the Company’s Consolidated Statement of Operations for the fiscal year ended February 28, 2015. Acquisition of Inktank Storage, Inc. On April 30, 2014, the Company completed its acquisition of all of the shares of Inktank Storage, Inc. (“Inktank”), a provider of scale-out, open source storage systems, whose flagship technology, Inktank Ceph Enterprise, delivers object and block storage software to enterprises deploying public or private clouds. The acquisition is intended to complement the Company’s existing GlusterFS-based storage offering. The consideration paid was $152.5 million and has been allocated to the Company’s assets and liabilities as follows: $131.4 million to goodwill, $10.8 million to identifiable intangible assets and the remaining $10.3 million to net working capital. The Company incurred approximately $2.0 million in transaction costs, including legal and accounting fees, relating to the acquisition. These transaction costs have been expensed as incurred and included in general and administrative expense on the Company’s Consolidated Statement of Operations for the fiscal year ended February 28, 2015. Post-acquisition financial information The following is a summary of the post-acquisition revenue, expenses and losses of Ansible that are included in the Company’s Consolidated Statement of Operations for the fiscal year ended February 29, 2016 (in thousands): Year Ended Revenue $ 695 Operating expenses (7,707 ) Operating loss (7,012 ) Tax benefit 1,927 Net loss $ (5,085 ) Pro forma consolidated financial information The following unaudited pro forma consolidated financial information reflects the results of operations of the Company for the fiscal years ended February 29, 2016, February 28, 2015 and February 28, 2014 (in thousands, except per share amounts) as if the acquisition of Ansible had closed on March 1, 2014, and the acquisitions of FeedHenry, eNovance and Inktank had closed on March 1, 2013, after giving effect to certain purchase accounting adjustments. These pro forma results are not necessarily indicative of what the Company’s operating results would have been had the acquisitions actually taken place at the beginning of the period. Year ended February 29, February 28, February 28, Revenue $ 2,055,057 $ 1,796,441 $ 1,551,301 Net income 193,099 162,385 150,870 Basic net income per common share $ 1.06 $ 0.87 $ 0.79 Diluted net income per common share $ 1.04 $ 0.86 $ 0.79 Goodwill and other business combinations The Company completed its annual goodwill impairment test in February 2016. No goodwill impairment was deemed to have occurred. The following is a summary of goodwill for the years ended February 29, 2016, February 28, 2015 and February 28, 2014 (in thousands): Balance at February 28, 2013 $ 690,911 Final purchase price allocation adjustment for ManageIQ (3,164 ) Impact of foreign currency fluctuations (317 ) Balance at February 28, 2014 $ 687,430 Acquisition of Inktank 131,446 Acquisition of eNovance 60,849 Acquisition of FeedHenry 68,491 Impact of foreign currency fluctuations (21,156 ) Balance at February 28, 2015 $ 927,060 Acquisition of Ansible 102,260 Impact of foreign currency fluctuations and other adjustments (2,043 ) Balance at February 29, 2016 $ 1,027,277 The excess of purchase price paid for Ansible, FeedHenry, eNovance, Inktank 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.

Accounts Receivable

Accounts Receivable	12 Months Ended
	Feb. 29, 2016
Accounts Receivable	NOTE 4—Accounts Receivable Accounts receivable are presented net of an allowance for doubtful accounts. Activity in the Company’s allowance for doubtful accounts for the years ended February 29, 2016, February 28, 2015 and February 28, 2014 is presented in the following table (in thousands): Balance at beginning of period Charged to expense Adjustments (1) Balance at end of period Fiscal 2014 $ 1,339 841 (194 ) $ 1,986 Fiscal 2015 $ 1,986 469 (208 ) $ 2,247 Fiscal 2016 $ 2,247 1,323 (772 ) $ 2,798 (1) Represents foreign currency translation adjustments and amounts written-off as uncollectible accounts receivable. As of February 29, 2016 and February 28, 2015, no individual customer accounted for 10% or more of the Company’s accounts receivable.

Prepaid Expenses

Prepaid Expenses	12 Months Ended
	Feb. 29, 2016
Prepaid Expenses	NOTE 5—Prepaid Expenses Prepaid expenses include sales commissions, taxes and insurance. Sales commissions are the incremental costs that are directly associated with non-cancelable subscription contracts with customers and consist of sales commissions paid to the Company’s sales force. 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. Prepaid expenses, including sales commissions, were comprised of the following (in thousands): February 29, February 28, Deferred commissions $ 102,254 $ 107,313 Professional services 21,160 14,934 Taxes 15,819 17,543 Insurance 2,160 1,859 Other 9,484 9,066 Prepaid expenses $ 150,877 $ 150,715

Property and Equipment

Property and Equipment	12 Months Ended
	Feb. 29, 2016
Property and Equipment	NOTE 6—Property and Equipment The Company’s property and equipment is recorded at cost and consists of the following (in thousands): February 29, February 28, Computer equipment $ 135,342 $ 141,972 Software, including software developed for internal use 85,517 80,565 Furniture and fixtures 28,800 28,595 Leasehold improvements 104,045 100,882 Property and equipment—in progress 8,001 10,251 Property and equipment $ 361,705 $ 362,265 Less: accumulated depreciation (194,819 ) (190,114 ) Property and equipment, net $ 166,886 $ 172,151 Property and equipment is depreciated or amortized using the straight-line method over its estimated useful life as follows: furniture and fixtures, seven years; computer equipment, three to four years; computer software, five years; leasehold improvements, up to fifteen years, over the lesser of the estimated remaining useful life of the asset or the remaining term of the lease. Depreciation expense recognized in the Company’s Consolidated Financial Statements for the years ended February 29, 2016, February 28, 2015 and February 28, 2014 is summarized as follows (in thousands): Year ended Year ended Year ended Total depreciation expense $ 48,909 $ 48,001 $ 45,169

Identifiable Intangible Assets

Identifiable Intangible Assets	12 Months Ended
	Feb. 29, 2016
Identifiable Intangible Assets	NOTE 7—Identifiable Intangible Assets Identifiable intangible assets consist primarily of trademarks, copyrights and patents, purchased technologies, customer and reseller relationships, and covenants not to compete 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 or the related asset’s pattern of economic benefit. Useful lives range from two to ten years. As of February 29, 2016 and February 28, 2015, trademarks with an indefinite estimated useful life totaled $11.1 million and $11.3 million, respectively. The following is a summary of identifiable intangible assets (in thousands): February 29, 2016 February 28, 2015 Gross Amount Accumulated Amortization Net Amount Gross Amount Accumulated Amortization Net Amount Trademarks, copyrights and patents $ 138,106 $ (49,876 ) $ 88,230 $ 117,020 $ (42,630 ) $ 74,390 Purchased technologies 96,105 (70,940 ) 25,165 81,482 (63,618 ) 17,864 Customer and reseller relationships 104,593 (80,329 ) 24,264 104,084 (71,512 ) 32,572 Covenants not to compete 13,240 (9,875 ) 3,365 10,683 (7,657 ) 3,026 Other intangible assets 8,833 (3,786 ) 5,047 8,833 (2,409 ) 6,424 Total identifiable intangible assets $ 360,877 $ (214,806 ) $ 146,071 $ 322,102 $ (187,826 ) $ 134,276 The following is a summary of the change in identifiable intangible assets for the year ended February 29, 2016 (in thousands): Balance at February 28, 2015 $ 134,276 Purchase of identifiable intangible assets from Ansible 25,100 Purchase of developed software and other intangible assets 14,381 Amortization expense (27,179 ) Impact of foreign currency fluctuations and other adjustments (507 ) Balance at February 29, 2016 $ 146,071 Amortization expense associated with identifiable intangible assets recognized in the Company’s Consolidated Financial Statements for the years ended February 29, 2016, February 28, 2015 and February 28, 2014 is summarized as follows (in thousands): Year ended Year ended Year ended Cost of revenue $ 13,102 $ 12,049 $ 11,212 Sales and marketing 8,075 7,838 8,872 Research and development 842 2,417 3,836 General and administrative 5,160 5,958 5,316 Total amortization expense $ 27,179 $ 28,262 $ 29,236 As of February 29, 2016, future amortization expense on existing intangibles is as follows (in thousands): Fiscal Year Amortization 2017 $ 30,170 2018 26,676 2019 19,880 2020 15,214 2021 8,582 Thereafter 34,436 Total amortization expense $ 134,958

Other Assets, Net

Other Assets, Net	12 Months Ended
	Feb. 29, 2016
Other Assets, Net	NOTE 8—Other Assets, Net Other assets, net were comprised of the following (in thousands): February 29, February 28, Cost-basis investments $ 16,079 $ 15,581 Non-current prepaid expenses 21,275 — Security deposits and other 7,152 7,150 Other assets, net $ 44,506 $ 22,731 The Company reviews its non-marketable cost-basis investments in equity securities for other than temporary declines in fair value based on prices recently paid for shares in that company, as well as changes in market conditions. The carrying values are not necessarily representative of the amounts that the Company could realize in a current transaction. The company recognized losses of $2.8 million and $4.6 million on certain investments during the years ended February 29, 2016 and February 28, 2015, respectively. During the year ended February 28, 2014, no significant losses were recognized on similar investments.

Accounts Payable and Accrued Ex

Accounts Payable and Accrued Expenses	12 Months Ended
	Feb. 29, 2016
Accounts Payable and Accrued Expenses	NOTE 9—Accounts Payable and Accrued Expenses Accounts payable and accrued expenses were comprised of the following (in thousands): February 29, February 28, Accounts payable $ 63,268 $ 31,017 Accrued wages and other compensation related expenses 137,738 126,378 Accrued other trade payables 45,785 40,400 Accrued income and other taxes payable 37,069 39,596 Accrued other 942 342 Accounts payable and accrued expenses $ 284,802 $ 237,733

Derivative Instruments

Derivative Instruments	12 Months Ended
	Feb. 29, 2016
Derivative Instruments	NOTE 10—Derivative Instruments The Company transacts business in various foreign countries and is, therefore, subject to risk of foreign currency exchange rate fluctuations. The Company from time to time 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 market 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. The effects of derivative instruments on the Company’s Consolidated Financial Statements are as follows as of February 29, 2016 and for the year then ended (in thousands): Year ended February 29, 2016 As of February 29, 2016 Classification of Gain (Loss) Recognized in Income on Derivatives Amount of Gain (Loss) Recognized in Income on Derivatives Balance Fair Value Notional Value Assets—foreign currency forward contracts not designated as hedges Other current assets $ 566 $ 31,390 Other income (expense), net $ 1,226 Liabilities—foreign currency forward contracts not designated as hedges Accounts payable and accrued expenses (452 ) 41,214 Other income (expense), net (1,195 ) TOTAL $ 114 $ 72,604 $ 31 The effects of derivative instruments on the Company’s Consolidated Financial Statements are as follows as of February 28, 2015 and for the year then ended (in thousands): Year ended February 28, 2015 As of February 28, 2015 Classification of Gain (Loss) Recognized in Income on Derivatives Amount of Gain (Loss) Recognized in Income on Derivatives Balance Fair Value Notional Value Assets—foreign currency forward contracts not designated as hedges Other current assets $ 74 $ 5,281 Other income (expense), net $ 664 Liabilities—foreign currency forward contracts not designated as hedges Accounts payable and accrued expenses (738 ) 102,836 Other income (expense), net (2,626 ) TOTAL $ (664 ) $ 108,117 $ (1,962 )

Income Taxes

Income Taxes	12 Months Ended
	Feb. 29, 2016
Income Taxes	NOTE 11—Income Taxes The U.S. and foreign components of the Company’s income before provision for income taxes consisted of the following (in thousands): February 29, February 28, February 28, U.S. $ 155,550 $ 167,388 $ 135,371 Foreign 119,315 88,110 104,177 Income before provision for income taxes $ 274,865 $ 255,498 $ 239,548 The components of the Company’s provision for income taxes consisted of the following (in thousands): February 29, February 28, February 28, Current: Foreign $ 39,168 $ 26,325 $ 23,391 Federal 44,872 15,252 19,734 State 5,133 4,090 7,147 Current tax expense $ 89,173 $ 45,667 $ 50,272 Deferred: Foreign (5,170 ) (8,188 ) (1,100 ) Federal (6,142 ) 36,197 14,468 State (2,361 ) 1,621 (2,384 ) Deferred tax expense $ (13,673 ) $ 29,630 $ 10,984 Net provision for income taxes $ 75,500 $ 75,297 $ 61,256 Significant components of the Company’s deferred tax assets and liabilities at February 29, 2016 and February 28, 2015, consisted of the following (in thousands): February 29, February 28, Deferred tax assets: Foreign net operating loss carryforwards $ 6,679 $ 6,704 Domestic net operating loss carryforwards 13,202 17,956 Domestic credit carryforwards 7,849 8,990 Share-based compensation 44,276 36,996 Deferred revenue 83,901 68,850 Foreign deferred royalty expenses 9,896 9,958 Convertible notes 15,182 18,683 Other 12,313 12,407 Total deferred tax assets $ 193,298 $ 180,544 Valuation allowance for deferred tax assets (3,291 ) (2,641 ) Total deferred tax assets, net of valuation allowance $ 190,007 $ 177,903 Deferred tax liabilities: Goodwill 9,450 7,835 Fixed and intangible assets 44,085 37,321 Compensation accruals 21,415 23,518 Other 3,770 11,152 Total deferred tax liabilities $ 78,720 $ 79,826 Net deferred tax asset $ 111,287 $ 98,077 The Company’s gross and net deferred tax asset and liability positions at February 29, 2016 are as follows (in thousands): Domestic Foreign Consolidated Deferred tax assets $ 158,623 $ 31,384 $ 190,007 Deferred tax liabilities 73,254 5,466 78,720 Net deferred tax asset $ 85,369 $ 25,918 $ 111,287 As of February 29, 2016, the Company continues to maintain a valuation allowance against its deferred tax assets with respect to certain foreign and state net operating loss (“NOL”) and credit carryforwards. For the year ended February 29, 2016, the valuation allowance increased $0.7 million primarily as a result of state NOL and credit carryforwards. As of February 29, 2016, the Company had U.S. federal NOL carryforwards of $33.0 million, foreign NOL carryforwards of $28.1 million and U.S. state NOL carryforwards of $58.1 million, of which $23.1 million consists of share-based compensation deductions in excess of the amounts expensed in the Company’s operating results. The resulting excess tax benefit will be recognized as an increase to additional paid in capital when realized. The NOL carryforwards expire in varying amounts beginning in the fiscal year ending February 28, 2017. As of February 29, 2016, the Company had U.S. federal research tax credit carryforwards of $1.0 million and state research tax credit carryforwards of $14.8 million, which expire in varying amounts beginning in the fiscal year ending February 28, 2017. Taxes computed at the statutory federal income tax rates are reconciled to the provision for income taxes for the years ended February 29, 2016, February 28, 2015 and February 28, 2014, respectively, as follows (in thousands): February 29, February 28, February 28, Effective rate 27.5 % 29.5 % 25.6 % Provision at federal statutory rate, 35% $ 96,203 $ 89,424 $ 83,842 State tax, net of federal tax benefit 601 4,042 3,169 Foreign rate differential (6,771 ) (11,124 ) (10,817 ) Israel tax holiday (1) (1,461 ) (2,859 ) (1,901 ) Foreign dividend — 8,720 623 Nondeductible items 3,426 3,339 2,157 Research tax credit (5,105 ) (5,329 ) (3,070 ) Foreign tax credit (10,267 ) (11,755 ) (11,878 ) Domestic production activities deduction (5,033 ) (4,433 ) (4,973 ) Other 3,907 5,272 4,104 Provision for income taxes $ 75,500 $ 75,297 $ 61,256 (1) The Company qualifies for a tax holiday in Israel which began during the fiscal year ended February 28, 2011 and is scheduled to terminate as of the fiscal year ending February 29, 2020. The tax holiday provides for an exemption from income tax in the first two years, and for a reduced rate of taxation on income generated in Israel for the subsequent eight years. The financial impact of this holiday for the year ended February 29, 2016 was a $1.5 million reduction in the Company’s provision for income taxes, which increased the Company’s diluted earnings per share by approximately $0.01. As of February 29, 2016, cumulative undistributed earnings of non-U.S. subsidiaries totaled $537.7 million. Determination of the deferred tax liability, if any, on these earnings reinvested indefinitely outside the U.S. is not practicable because of available foreign tax credits, continually changing variables and other factors. It is the Company’s policy to invest the earnings of foreign subsidiaries indefinitely outside the U.S. From time to time, however, the Company may remit a portion of these earnings to the extent it is economically prudent. The Company has provided U.S. income taxes on the earnings of certain foreign subsidiaries that are not considered as permanently reinvested outside the U.S. The U.S. income tax on such earnings is completely offset by U.S. foreign tax credits. The Company has also provided U.S. income taxes on the earnings of certain foreign subsidiaries that are permanently reinvested outside the U.S. but are deemed distributed for U.S. federal income tax purposes. The U.S. income tax on such earnings is reduced or offset by available U.S. foreign tax credits. Unrecognized tax benefits The following table reconciles unrecognized tax benefits for the years ended February 29, 2016, February 28, 2015 and February 28, 2014 (in thousands): Balance at February 28, 2013 $ 48,313 Additions based on tax positions related to prior years 100 Additions based on tax positions related to the current year 9,005 Reductions related to settlements with tax authorities (364 ) Balance at February 28, 2014 $ 57,054 Additions based on tax positions related to prior years 514 Additions based on tax positions related to the current year 3,374 Reductions related to changes in facts and circumstances (229 ) Reductions related to lapse of the statute of limitations (370 ) Balance at February 28, 2015 $ 60,343 Additions based on tax positions related to prior years 13,486 Additions based on tax positions related to the current year 3,494 Additions related to changes in facts and circumstances 256 Reductions related to settlements with tax authorities (1,112 ) Reductions related to lapse of the statute of limitations (1,581 ) Balance at February 29, 2016 $ 74,886 The Company’s unrecognized tax benefits as of February 29, 2016 and February 28, 2015, which, if recognized, would affect the Company’s effective tax rate were $59.1 million and $55.7 million, respectively. It is the Company’s policy to recognize interest and penalties related to uncertain tax positions as income tax expense. Accrued interest and penalties related to unrecognized tax benefits totaled $10.7 million and $9.2 million as of February 29, 2016 and February 28, 2015, respectively. The results and timing of the resolution of tax audits is highly uncertain and the Company is unable to estimate the range of the possible changes to the balance of unrecognized tax benefits. However, the Company does not anticipate that within the next 12 months that the total amount of unrecognized tax benefits will significantly increase or decrease as a result of any such potential tax audit resolutions. The Company or one of its subsidiaries files income tax returns in the U.S. federal jurisdiction and various states and foreign jurisdictions. The following table summarizes the tax years in the Company’s major tax jurisdictions that remain subject to income tax examinations by tax authorities as of February 29, 2016. Due to NOL carryforwards, in some cases the tax years continue to remain subject to examination with respect to such NOLs: Tax Jurisdiction Years Subject to Income Tax Examination U.S. federal 1998 – Present California 2001 – Present North Carolina 2001 – Present Massachusetts 2008 – Present Ireland 2011 – Present Japan (1) 2012 – Present (1) The Company has been examined for income tax for years through February 28, 2011. However, the statute of limitations remains through May 31, 2016. The Company is currently undergoing income tax examinations in France and India. The Company believes it has adequately provided for any reasonably foreseeable outcomes related to tax audits.

Common and Preferred Stock

Common and Preferred Stock	12 Months Ended
	Feb. 29, 2016
Common and Preferred Stock	NOTE 12—Common and Preferred Stock Common stock The Company has authorized 300,000,000 shares of common stock with a par value of $0.0001 per share. Holders of these shares have one vote per share. Upon the dissolution, liquidation or winding up of the Company, holders of common stock will be entitled to receive the assets of the Company after satisfaction of the preferential rights of any outstanding preferred stock or any other outstanding stock ranking on liquidation senior to or on parity with the common stock. The Company repurchased 3,476,229 shares, 8,355,757 shares and 5,006,579 shares of its common stock during the fiscal years ended February 29, 2016, February 28, 2015 and February 28, 2014, respectively, at an aggregate cost of $262.6 million, $535.1 million and $239.4 million, respectively. These amounts are recorded as treasury stock on the Company’s Consolidated Balance Sheets. Preferred stock At February 29, 2016, the Company has authorized 5,000,000 shares of preferred stock with a par value of $0.0001 per share. No shares of preferred stock were outstanding as of February 29, 2016 or February 28, 2015.

Share-based Awards

Share-based Awards	12 Months Ended
	Feb. 29, 2016
Share-based Awards	NOTE 13—Share-based Awards Overview The Company’s 2004 Long-Term Incentive Plan, as amended and restated (the “LTIP”), provides for the granting of stock options, service-based share awards and performance-based share awards, among other awards. As of February 29, 2016, there were 12.4 million shares of common stock reserved for issuance under the LTIP for future share-based awards to be granted to any employee, officer or director or consultant of the Company at terms and prices to be determined by the Board of Directors. The following table summarizes share-based awards, by type, granted during the years ended February 29, 2016, February 28, 2015 and February 28, 2014: Awards Granted Year ended Awards Granted Year ended Awards Granted Year ended February 29, 2016 February 28, 2015 February 28, 2014 Shares and Shares Underlying Awards Weighted Average Per Share Award Fair Value Shares and Shares Underlying Awards Weighted Average Per Share Award Fair Value Shares and Shares Underlying Awards Weighted Average Per Share Award Fair Value Stock options — $ — — $ — 133,800 $ 12.64 Service-based shares and share units (1) 2,108,639 $ 76.45 2,994,553 $ 53.23 2,513,328 $ 47.43 Performance-based share units—Maximum 628,596 $ 77.87 1,148,084 $ 52.17 671,448 $ 47.86 Stock options assumed as part of a business combination 119,515 $ 58.22 219,169 $ 48.45 — $ — Restricted shares issued as part of a business combination with continued-employment service conditions — $ — 529,057 $ 54.75 — $ — Total share-based awards 2,856,750 $ 76.00 4,890,863 $ 52.93 3,318,576 $ 46.11 (1) Service-based shares granted during the year ended February 29, 2016 include 154,705 restricted shares awarded to certain executives that were subject to both a four-year service condition and the achievement of a specified dollar amount of revenue for fiscal year 2016 (the “RSA performance goal”). The RSA performance goal for fiscal year 2016 was met. Therefore, as of April 19, 2016 only the service condition remained, with 25% vesting one year from the date of grant and the remainder vesting ratably on a quarterly basis over the course of the subsequent three-year period. The following summarizes share-based compensation expense recognized in the Company’s Consolidated Financial Statements for the years ended February 29, 2016, February 28, 2015 and February 28, 2014 (in thousands): Year ended Year ended Year ended Cost of revenue $ 15,898 $ 14,027 $ 11,793 Sales and marketing 69,089 55,203 40,322 Research and development 48,466 38,517 34,194 General and administrative 32,781 27,485 27,465 Total share-based compensation expense $ 166,234 $ 135,232 $ 113,774 Share-based compensation expense qualifying for capitalization was insignificant for each of the Company’s fiscal years ended February 29, 2016, February 28, 2015 and February 28, 2014. Accordingly, no share-based compensation expense was capitalized during these years. Estimated annual forfeitures—An estimated forfeiture rate of 10% per annum, which approximates the Company’s historical rate, was applied to options and service-based share awards. Awards are adjusted to actual forfeiture rates at vesting. The Company reassesses its estimated forfeiture rate annually or when new information, including actual forfeitures, indicate a change is appropriate. Stock options The total fair value of stock options recognized in the Consolidated Financial Statements for the years ended February 29, 2016, February 28, 2015 and February 28, 2014 was as follows (in thousands): Year ended Year ended Year ended Total fair value of stock options recognized $ 4,918 $ 5,085 $ 2,139 As of February 29, 2016, the Company had 374,775 stock options outstanding with a weighted average remaining contractual life of 5.2 years and a weighted average exercise price of $29.98. The number of stock options exercisable as of February 29, 2016 was 157,896 with a weighted average share price of $35.31. The intrinsic value of stock options exercised during the years ended February 29, 2016, February 28, 2015 and February 28, 2014 was as follows (in thousands): Year ended Year ended Year ended Total intrinsic value of stock options exercised $ 9,103 $ 6,289 $ 6,775 As of February 29, 2016, compensation cost related to unvested stock options not yet recognized in the Company’s Consolidated Financial Statements totaled $8.6 million. The weighted average period over which these unvested stock options are expected to be recognized is approximately 2.1 years. Service-based share awards Service-based share awards include nonvested shares, nonvested share units and deferred share units granted under the LTIP. Nonvested shares and share units generally vest, subject to continued service to the Company, (i) 25% on the first anniversary of the date of grant and 6.25% on the first day of each subsequent three-month period for nonvested shares and (ii) 25% each year over a four-year period beginning on the date of grant for nonvested share units. Nonvested shares and nonvested share units are generally amortized to expense on a straight-line basis over four years. Deferred share units are awarded to directors and generally vest within one year when issued in lieu of annual share awards or immediately when issued in lieu of cash. The total fair value of service-based share awards recognized in the Company’s Consolidated Financial Statements for the years ended February 29, 2016, February 28, 2015 and February 28, 2014 was as follows (in thousands): Year ended Year ended Year ended Total fair value of service-based awards recognized $ 124,904 $ 107,887 $ 92,450 The following table summarizes the activity for the Company’s service-based share awards for the years ended February 29, 2016, February 28, 2015 and February 28, 2014: Nonvested Shares and Share Units Weighted Average Grant-date Fair Value Service-based share awards at February 28, 2013 5,193,433 $ 46.59 Granted 2,513,328 47.43 Vested (1,915,326 ) 42.35 Forfeited (418,127 ) 48.53 Service-based share awards at February 28, 2014 5,373,308 $ 48.34 Granted 2,994,553 53.23 Vested (1,948,247 ) 47.24 Forfeited (569,952 ) 48.50 Restricted shares issued as part of a business combination with continued-employment service conditions (1) 529,057 54.75 Service-based share awards at February 28, 2015 6,378,719 $ 51.49 Granted 2,108,639 76.45 Vested (2,047,169 ) 50.78 Forfeited (265,315 ) 56.21 Service-based share awards at February 29, 2016 6,174,874 $ 60.05 (1) As part of the Company’s acquisition of eNovance, a total of 529,057 restricted common shares were issued to certain shareholders of eNovance. These restricted shares are conditioned on continued employment with the Company. The shares effectively vest 25% per year and are being amortized on a straight-line basis to share-based compensation expense in the Company’s Consolidated Statement of Operations. The following summarizes the intrinsic value, as of February 29, 2016, of the Company’s service-based awards outstanding and expected to vest: Intrinsic Value of Service-based Awards Number of Shares and Share Units Weighted Average Remaining Vesting Period Intrinsic Value at February 28, 2015 (in thousands) Outstanding 6,174,874 2.7 $ 403,528 Expected to vest (assuming annual forfeiture rate of 10%) 5,339,337 2.7 $ 348,926 The intrinsic value of service-based awards vesting during the years ended February 29, 2016, February 28, 2015 and February 28, 2014 was as follows (in thousands): Year ended Year ended Year ended Total intrinsic value of service-based awards vesting $ 157,864 $ 108,066 $ 88,969 As of February 29, 2016, compensation cost related to service-based share awards not yet recognized in the Company’s Consolidated Financial Statements totaled $287.1 million. The weighted average period over which these nonvested awards are expected to be recognized is approximately 2.7 years. Performance-based share awards Under the LTIP, certain executive officers and senior management were awarded a target number of performance share units (“PSUs”). The PSU payouts are either based on (i) the Company’s financial performance (“performance condition”) or (ii) the performance of the Company’s total stockholder return (“market condition”). Set forth below are general descriptions of the two types of performance-based awards granted to certain executive officers and members of senior management. PSUs with performance conditions Depending on the Company’s financial performance measured against the financial performance of specified peer companies during a three-year performance period, PSU grantees may earn up to 200% of the target number of PSUs (the “Maximum PSUs”). Payouts are earned over a performance period with two separate performance segments. Up to 50% of the Maximum PSUs may be earned in respect of the first performance segment; and up to 100% of the Maximum PSUs may be earned in respect of the second performance segment, less the amount earned in the first performance segment. PSUs with market conditions Depending on the performance of the Company’s total stockholder return over a performance period of approximately three years, PSU grantees may earn up to 200% of the target number of PSUs. The number of PSUs earned is determined based on a comparison of the performance of the Company’s total shareholder return relative to the performance of the total shareholder return of specified peer companies during the same performance period. Each grantee will receive a number of shares of common stock equal to the number of PSUs earned in a single payout following the end of the performance period. In addition to the PSUs with the market condition described above, certain executives were awarded a total of 242,352 PSUs that pay out only if the Company’s total shareholder return increases by at least 50% within a three-year performance period beginning on August 6, 2014 (“TSR Hurdle PSUs”). If the performance goal is achieved during the performance period and the grantee’s business relationship with the Company has not ceased, 50% of the TSR Hurdle PSUs vest upon achievement of the performance goal and the remaining 50% of the TSR Hurdle PSUs vest on the last day of the four-year service period beginning on August 6, 2014. The TSR Hurdle PSUs’ performance goal was met during the fourth quarter of fiscal 2016. The following table summarizes the activity for the Company’s PSUs for the years ended February 29, 2016, February 28, 2015 and February 28, 2014: Maximum Activity Shares Underlying Performance Share Units Weighted Average Grant Date Fair Value Outstanding at February 28, 2013 1,504,670 $ 43.22 Granted 671,448 47.86 Vested (399,334 ) 33.47 Forfeited (101,559 ) 44.34 Outstanding at February 28, 2014 1,675,225 $ 47.34 Granted 1,148,084 52.17 Vested (374,921 ) 45.42 Forfeited (299,053 ) 41.90 Outstanding at February 28, 2015 2,149,335 $ 51.01 Granted 628,596 77.87 Vested (497,656 ) 52.41 Forfeited (230,764 ) 52.29 Outstanding at February 29, 2016 2,049,511 $ 58.76 Vested and forfeited amounts represent the actual number of shares vesting and forfeited during the year. Outstanding amounts represent the remaining maximum potential shares available to vest as of the period ended. The total fair value of performance-based share awards recognized in the Company’s Consolidated Financial Statements for the years ended February 29, 2016, February 28, 2015 and February 28, 2014 was as follows (in thousands): Year ended Year ended Year ended Total fair value of performance-based awards recognized $ 36,412 $ 22,260 $ 19,185 The total intrinsic value of performance-based share awards vesting during the years ended February 29, 2016, February 28, 2015 and February 28, 2014 was as follows (in thousands): Year ended Year ended Year ended Total intrinsic value of performance-based awards vesting $ 36,555 $ 18,733 $ 19,639 As of February 29, 2016, the number of shares subject to PSU awards expected to vest was 1.4 million shares. Compensation expense related to PSUs expected to vest but not yet recognized in the Consolidated Financial Statements totaled $34.7 million as of February 29, 2016. The weighted average period over which these awards are expected to be recognized is approximately 1.1 years.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Feb. 29, 2016
Commitments and Contingencies	NOTE 14—Commitments and Contingencies Operating leases As of February 29, 2016, the Company leased office space and certain equipment under various non-cancelable operating leases. Future minimum lease payments required under the operating leases at February 29, 2016 are as follows (in thousands): Fiscal Year Operating Leases 2017 $ 31,381 2018 22,572 2019 19,706 2020 18,322 2021 16,209 Thereafter 73,036 Total minimum lease payments $ 181,226 Rent expense under operating leases for the fiscal years ended February 29, 2016, February 28, 2015 and February 28, 2014 is provided in the following table (in thousands): Year ended Year ended Year ended Total operating lease expense $ 32,078 $ 30,869 $ 29,472 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 years ended February 29, 2016, February 28, 2015 and February 28, 2014 were in the aggregate immaterial.

Legal Proceedings

Legal Proceedings	12 Months Ended
	Feb. 29, 2016
Legal Proceedings	NOTE 15—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.

Employee Benefit Plans

Employee Benefit Plans	12 Months Ended
	Feb. 29, 2016
Employee Benefit Plans	NOTE 16—Employee Benefit Plans The Company provides retirement plans whereby participants may elect to contribute a portion of their annual compensation to the plans, after complying with certain limitations. The Company has the option to make contributions to the plans and contributed to the plans for the years ended February 29, 2016, February 28, 2015 and February 28, 2014 as follows (in thousands): Year ended Year ended Year ended Total contributions to employee benefit plans $ 25,731 $ 21,721 $ 17,613

Share Repurchase Programs

Share Repurchase Programs	12 Months Ended
	Feb. 29, 2016
Share Repurchase Programs	NOTE 17—Share Repurchase Programs On March 25, 2015, the Company announced that its Board of Directors has authorized the repurchase of up to $500.0 million of Red Hat’s common stock from time to time on the open market or in privately negotiated transactions. The program commenced on April 1, 2015, and will expire on the earlier of (i) March 31, 2017, or (ii) a determination by the Board of Directors, Chief Executive Officer or Chief Financial Officer to discontinue the program. As of February 29, 2016, the Company had repurchased 3,476,229 shares of its common stock for $262.6 million under this program. As of February 29, 2016, the amount available under the program for the repurchase of the Company’s common stock was $237.4 million. Accelerated share repurchase During the fiscal year ended February 28, 2015, the Company entered into an accelerated share repurchase program (the “ASR Agreement”). On October 7, 2014, under the ASR Agreement, the Company paid $375.0 million to the ASR Agreement counterparty and received 5,312,555 shares of its common stock from the ASR Agreement counterparty, which represented 80 percent of the shares deliverable to the Company under the ASR Agreement assuming an average share price of $56.47 (the Company’s closing share price at October 1, 2014). The ASR Agreement was completed on February 27, 2015. On March 4, 2015, the ASR Agreement counterparty delivered 720,101 additional shares of the Company’s common stock to the Company in settlement of the ASR Agreement. The Company initially accounted for the ASR Agreement as two separate transactions: (i) the 5,312,555 shares of common stock initially delivered to the Company were accounted for as a treasury stock transaction with $300.0 million, or 80 percent, of the $375.0 million upfront payment being recorded in Treasury stock in the Company’s Consolidated Balance Sheet at February 28, 2015 and (ii) the unsettled portion of the ASR Agreement of $75.0 million was recorded in Additional paid-in capital on the Company’s Consolidated Balance Sheet as of February 28, 2015. The $75.0 million representing the unsettled portion of the ASR originally recorded in Additional paid-in capital was reclassified upon settlement to Treasury stock during the fiscal year ended February 29, 2016. The total number of shares of common stock the Company repurchased under the ASR Agreement was 6,032,656 shares with a weighted average share price of $62.16.

Assets and Liabilities Measured

Assets and Liabilities Measured at Fair Value on a Recurring Basis	12 Months Ended
	Feb. 29, 2016
Assets and Liabilities Measured at Fair Value on a Recurring Basis	NOTE 18—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 February 29, 2016 (in thousands): As of Quoted Prices In Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Money markets (1) $ 221,970 $ 221,970 $ — $ — Available-for-sale securities (1): U.S. agency securities 331,117 — 331,117 — Corporate securities 736,495 — 736,495 — Foreign currency derivatives (2) 566 — 566 — Liabilities: Foreign currency derivatives (3) (452 ) — (452 ) — Total $ 1,289,696 $ 221,970 $ 1,067,726 $ — (1) Included in Cash and cash equivalents, Investments in debt securities, short-term or Investments in debt securities, long-term in the Company’s Consolidated Balance Sheet at February 29, 2016 in addition to $705.8 million of cash. (2) Included in Other current assets in the Company’s Consolidated Balance Sheet at February 29, 2016. (3) Included in Accounts payable and accrued expenses in the Company’s Consolidated Balance Sheet at February 29, 2016. The following table summarizes the composition and fair value hierarchy of the Company’s financial assets and liabilities at February 28, 2015 (in thousands): As of Quoted Prices In Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Money markets (1) $ 369,926 $ 369,926 $ — $ — Interest-bearing deposits (1) 39 — 39 — Available-for-sale securities (1): Commercial paper 29,994 — 29,994 — U.S. agency securities 276,287 — 276,287 — Corporate securities 421,200 — 421,200 — Foreign government securities 63,744 — 63,744 — Equity securities (1) — — — Foreign currency derivatives (2) 74 74 Liabilities: Foreign currency derivatives (3) (738 ) — (738 ) — Total $ 1,160,526 $ 369,926 $ 790,600 $ — (1) Included in Cash and cash equivalents, Investments in debt securities, short-term or Investments in debt securities, long-term in the Company’s Consolidated Balance Sheet at February 28, 2015, in addition to $647.6 million of cash. (2) Included in Other current assets in the Company’s Consolidated Balance Sheet at February 28, 2015. (3) Included in Accounts payable and accrued expenses in the Company’s Consolidated Balance Sheet at February 28, 2015. The following table represents the Company’s investments measured at fair value as of February 29, 2016 (in thousands): Balance Sheet Classification Amortized Cost Gross Unrealized Aggregate Fair Value Cash Equivalent Marketable Securities Investments short-term Investments long-term Gains Losses(1) Money markets $ 221,970 $ — $ — $ 221,970 $ 221,970 $ — $ — U.S. agency securities 331,302 160 (345 ) 331,117 — 50,453 280,664 Corporate securities 737,723 994 (2,222 ) 736,495 — 230,689 505,806 Total $ 1,290,995 $ 1,154 $ (2,567 ) $ 1,289,582 $ 221,970 $ 281,142 $ 786,470 (1) As of February 29, 2016, there were $0.9 million of accumulated unrealized losses related to investments that have been in a continuous unrealized loss position for 12 months or longer. The following table summarizes the stated maturities of the Company’s investment in available-for-sale securities at February 29, 2016 (in thousands): Total Less than 1 Year 1-3 Years 3-5 Years More than 5 Years Maturity of current and long-term available-for-sale securities $ 1,067,612 $ 281,142 $ 612,749 $ 173,721 $ — The following table represents the Company’s investments measured at fair value as of February 28, 2015 (in thousands): Balance Sheet Classification Amortized Cost Gross Unrealized Aggregate Fair Value Cash Equivalent Marketable Securities Investments short-term Investments long-term Gains Losses(1) Money markets $ 369,926 $ — $ — $ 369,926 $ 369,926 $ — $ — Interest-bearing deposits 39 — — 39 — 39 — Commercial paper 29,994 — — 29,994 29,994 — — U.S. agency securities 276,928 13 (654 ) 276,287 — 5,002 271,285 Corporate securities 420,431 1,219 (450 ) 421,200 — 146,469 274,731 Foreign government securities 63,687 59 (2 ) 63,744 — 63,744 — Total $ 1,161,005 $ 1,291 $ (1,106 ) $ 1,161,190 $ 399,920 $ 215,254 $ 546,016 (1) As of February 28, 2015, there were $0.3 million of accumulated unrealized losses related to investments that have been in a continuous unrealized loss position for 12 months or longer.

Earnings Per Share

Earnings Per Share	12 Months Ended
	Feb. 29, 2016
Earnings Per Share	NOTE 19—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 or vesting of share-based awards. The following table reconciles the numerators and denominators of the earnings per share (“EPS”) calculation for the years ended February 29, 2016, February 28, 2015 and February 28, 2014 (in thousands, except per share amounts): Year ended Year ended Year ended Net income, basic and diluted $ 199,365 $ 180,201 $ 178,292 Weighted average common shares outstanding 182,817 186,529 189,920 Incremental shares attributable to assumed vesting or exercise of outstanding equity award shares 3,020 2,717 2,116 Dilutive effect of convertible notes 282 — — Diluted shares 186,119 189,246 192,036 Net income per share - diluted $ 1.07 $ 0.95 $ 0.93 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 earnings per share under the treasury stock method. See NOTE 22—Convertible Notes to the Company’s Consolidated Financial Statements 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 fiscal years ended February 29, 2016 and February 28, 2015 but were not included in the computation of diluted EPS because the warrants’ exercise price was greater 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 earnings per share 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): Year ended Year ended Year ended Number of shares considered anti-dilutive for calculating diluted EPS 21 121 360

Segment Reporting

Segment Reporting	12 Months Ended
	Feb. 29, 2016
Segment Reporting	NOTE 20—Segment Reporting 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 at and for the years ended February 29, 2016, February 28, 2015 and February 28, 2014 (in thousands): Americas EMEA Asia Pacific Corporate(1) Consolidated Year ended February 29, 2016 Revenue from unaffiliated customers $ 1,354,345 $ 436,304 $ 261,581 $ — $ 2,052,230 Income (loss) from operations $ 297,462 $ 93,373 $ 63,447 $ (166,234 ) $ 288,048 Total cash, cash equivalents and available-for-sale investment securities $ 1,222,470 $ 540,584 $ 232,336 $ — $ 1,995,390 Total assets $ 2,909,238 $ 871,475 $ 374,386 $ — $ 4,155,099 Year ended February 28, 2015 Revenue from unaffiliated customers $ 1,144,237 $ 410,299 $ 234,953 $ — $ 1,789,489 Income (loss) from operations $ 242,173 $ 89,364 $ 53,689 $ (135,232 ) $ 249,994 Total cash, cash equivalents and available-for-sale investment securities $ 1,267,824 $ 405,114 $ 135,805 $ — $ 1,808,743 Total assets (2) $ 2,755,923 $ 726,101 $ 302,545 $ — $ 3,784,569 Year ended February 28, 2014 Revenue from unaffiliated customers $ 974,655 $ 352,935 $ 207,025 $ — $ 1,534,615 Income (loss) from operations $ 199,254 $ 94,949 $ 51,860 $ (113,774 ) $ 232,289 Total cash, cash equivalents and available-for-sale investment securities $ 808,830 $ 517,397 $ 161,202 $ — $ 1,487,429 Total assets (2) $ 2,126,843 $ 703,412 $ 248,815 $ — $ 3,079,070 (1) Amounts represent share-based compensation expense for each of the three fiscal years ended February 29, 2016, February 28, 2015 and February 28, 2014, which was not allocated to geographic segments. (2) Includes the effects of retrospective application of ASU 2015-03 and ASU 2015-17. Supplemental information about geographic areas The following table lists, for the years ended February 29, 2016, February 28, 2015 and February 28, 2014, revenue from unaffiliated customers in the United States, the Company’s country of domicile, and revenue from foreign countries (in thousands): Year ended Year ended Year ended United States, the Company’s country of domicile $ 1,213,493 $ 1,022,803 $ 848,053 Foreign 838,737 766,686 686,562 Total revenue from unaffiliated customers $ 2,052,230 $ 1,789,489 $ 1,534,615 There were no individual foreign countries in which the Company earned 10% or more of its revenue from unaffiliated customers. Total tangible long-lived assets located in the United States, the Company’s country of domicile, and similar tangible long-lived assets held outside the U.S. are summarized in the following table for the years ended February 29, 2016, February 28, 2015 and February 28, 2014 (in thousands): February 29, February 28, February 28, United States, the Company’s country of domicile $ 126,937 $ 131,792 $ 137,356 Foreign 39,949 40,359 36,561 Total tangible long-lived assets $ 166,886 $ 172,151 $ 173,917 Supplemental information about major customers For the year ended February 29, 2016, the U.S. government and its agencies represented in the aggregate approximately 10% of the Company’s total revenue. For the years ended February 28, 2015 and February 28, 2014, there were no individual customers from which the Company generated 10% or greater revenue. Supplemental information about products and services The following table, for each of the fiscal years ended February 29, 2016, February 28, 2015 and February 28, 2014, provides further detail, by type, of our subscription and services revenues. Infrastructure-related offerings subscription revenue includes subscription revenue generated from Red Hat Enterprise Linux and related technologies such as Red Hat Satellite and Red Hat Enterprise Virtualization. Subscription revenue generated from our Application development-related and other emerging technology offerings includes Red Hat JBoss Middleware, Red Hat Storage, Red Hat Mobile and Red Hat cloud offerings such as Red Hat Enterprise Linux OpenStack Platform and OpenShift by Red Hat (in thousands): Year ended Year ended Year ended Subscription revenue: Infrastructure-related offerings $ 1,480,463 $ 1,324,693 $ 1,171,103 Application development-related and other emerging technology offerings 322,986 236,541 165,668 Total subscription revenue 1,803,449 1,561,234 1,336,771 Training and services revenue: Consulting services 190,870 171,436 145,191 Training 57,911 56,819 52,653 Total training and services revenue 248,781 228,255 197,844 Total revenue $ 2,052,230 $ 1,789,489 $ 1,534,615

Other Long-Term Obligations

Other Long-Term Obligations	12 Months Ended
	Feb. 29, 2016
Other Long-Term Obligations	NOTE 21—Other Long-Term Obligations Other long-term obligations were comprised of the following (in thousands): February 29, February 28, Accrued income taxes $ 73,403 $ 57,083 Deferred rent credits 13,197 12,992 Net non-current deferred tax liability (see NOTE 11—Income Taxes) 169 815 Other 1,143 1,156 Other long-term obligations $ 87,912 $ 72,046

Convertible Notes

Convertible Notes	12 Months Ended
	Feb. 29, 2016
Convertible Notes	NOTE 22—Convertible Notes Convertible note offering On October 7, 2014, the Company completed its offering of $805.0 million aggregate principal amount of its 0.25% Convertible Senior Notes due 2019 (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. The Company used $148.0 million of the net proceeds from the offering of the convertible notes to pay the cost of the privately-negotiated convertible note hedge transactions described below. The Company received proceeds of $79.8 million from the sale of warrants pursuant to the warrant transactions described below. In addition, the Company used $375.0 million of the net proceeds from the offering of the convertible notes to repurchase shares of its common stock under an accelerated share repurchase program pursuant to an agreement that the Company entered into on October 1, 2014, as described in NOTE 17—Share Repurchase Programs to the Company’s Consolidated Financial Statements. The Company intends to use the remaining net proceeds from the offering for working capital and other general corporate purposes, which may include capital expenditures, potential acquisitions or strategic transactions. 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 will be 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 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. The initial conversion price represents a premium of approximately 30% to the $56.47 per share closing price of the Company’s common stock on October 1, 2014. 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. Prior to April 1, 2019, the convertible notes will be convertible only upon the occurrence of certain circumstances, and will be convertible thereafter at any time until the close of business on the second scheduled trading day immediately preceding the maturity date of the convertible notes. 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 carrying amount of the liability component was calculated by measuring the estimated fair value of a similar liability that does not have an associated convertible feature. The carrying amount of the equity component representing the conversion option was determined by deducting the fair value of the liability component from the face value of the convertible notes as a whole. 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 amortized to interest expense over the term of the convertible notes using the effective interest method with an effective interest rate of 2.86% per annum. The equity component is not remeasured as long as it continues to meet the conditions for equity classification. As of February 29, 2016, the Notes consisted of the following (in thousands): February 29, Liability component Principal $ 805,000 Less: debt issuance costs (10,029 ) Less: debt discount (71,029 ) Net carrying amount $ 723,942 Equity component (1) $ 96,890 (1) Recorded in the Consolidated Balance Sheet in Additional paid-in capital. In accounting for the transaction costs related to the convertible note issuance, the Company allocated the total amount incurred of $15.2 million to the liability and equity components based on their relative fair values. Issuance costs attributable to the liability component totaled $13.4 million and are being amortized to interest expense over the term of the convertible notes using the effective interest method. The remaining $1.8 million of issuance costs have been allocated to the equity component and are included in Additional paid-in capital on the Company’s Consolidated Balance Sheet as of February 29, 2016. Additionally, the Company recorded a deferred tax asset of $0.7 million related to the $1.8 million equity component of transactional costs which are deductible for tax purposes. The following table includes total interest expense recognized related to the convertible notes for the fiscal years ended February 29, 2016 and February 28, 2015 (in thousands): Year ended Year ended Coupon rate 0.25% per year, payable semiannually $ 2,012 $ 805 Amortization of convertible note issuance costs—liability component 2,433 935 Accretion of debt discount 18,570 7,292 Total interest expense related to convertible notes $ 23,015 $ 9,032 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): As of February 29, 2016 Fair Value Carrying Value Convertible notes $ 714,950 $ 723,942 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 (the “Option Counterparties”). The convertible note hedge transactions are expected to offset 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 same number of shares 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. However, subject to certain conditions, the Company may elect to settle all of the warrants in cash. The $101.65 strike price of the warrants represents a premium of approximately 80% over the $56.47 per share closing price of the Company’s common stock on October 1, 2014. The purchase of convertible note hedges and proceeds from issuance of warrants were recorded in stockholders’ equity and will continue to be classified as stockholders’ equity.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	12 Months Ended
	Feb. 29, 2016
Accumulated Other Comprehensive Loss	NOTE 23—Accumulated Other Comprehensive Loss Accumulated other comprehensive loss was comprised of the following (in thousands): February 29, February 28, Accumulated loss from foreign currency translation adjustment $ (73,776 ) $ (60,986 ) Accumulated unrealized gain (loss), net of tax, on available-for-sale securities (673 ) 365 Accumulated other comprehensive loss $ (74,449 ) $ (60,621 )

Unaudited Quarterly Results

Unaudited Quarterly Results	12 Months Ended
	Feb. 29, 2016
Unaudited Quarterly Results	NOTE 24—Unaudited Quarterly Results Below are unaudited condensed quarterly results for the year ended February 29, 2016: Year ended February 29, 2016 (Unaudited) 4th Quarter 3rd Quarter 2nd Quarter 1st Quarter (in thousands, except per share data) Revenue: Subscriptions $ 479,642 $ 457,488 $ 441,526 $ 424,793 Training and services 63,859 66,092 62,622 56,208 Total subscription and training and services revenue $ 543,501 $ 523,580 $ 504,148 $ 481,001 Gross profit $ 462,281 $ 442,532 $ 428,184 $ 409,604 Income from operations $ 71,771 $ 68,877 $ 76,470 $ 70,930 Interest income $ 3,189 $ 2,874 $ 2,895 $ 2,715 Interest expense $ 5,856 $ 5,817 $ 5,733 $ 5,715 Other income (expense), net $ (336 ) $ 49 $ (1,245 ) $ (203 ) Net income, basic and diluted $ 53,036 $ 46,848 $ 51,395 $ 48,086 Net income per common share (1): Basic $ 0.29 $ 0.26 $ 0.28 $ 0.26 Diluted $ 0.29 $ 0.25 $ 0.28 $ 0.26 Weighted average shares outstanding: Basic 182,099 182,850 183,179 183,130 Diluted 184,888 186,094 186,750 186,175 (1) Earnings per common share are computed independently for each of the quarters presented. Therefore, the sum of the quarterly per common share information may not equal the reported annual earnings per common share. Below are unaudited condensed quarterly results for the year ended February 28, 2015: Year ended February 28, 2015 (Unaudited) 4th Quarter 3rd Quarter 2nd Quarter 1st Quarter (in thousands, except per share data) Revenue: Subscriptions $ 405,072 $ 394,699 $ 389,495 $ 371,968 Training and services 58,869 61,196 56,404 51,786 Total subscription and training and services revenue $ 463,941 $ 455,895 $ 445,899 $ 423,754 Gross profit $ 393,724 $ 384,530 $ 378,725 $ 359,311 Income from operations $ 67,607 $ 67,197 $ 64,227 $ 50,963 Interest income $ 2,288 $ 2,196 $ 2,010 $ 1,842 Interest expense $ 5,803 $ 3,441 $ 97 $ 53 Other income (expense), net $ 4,785 $ 1,559 $ (192 ) $ 410 Net income, basic and diluted $ 47,700 $ 47,933 $ 46,823 $ 37,745 Net income per common share (1): Basic $ 0.26 $ 0.26 $ 0.25 $ 0.20 Diluted $ 0.26 $ 0.26 $ 0.25 $ 0.20 Weighted average shares outstanding: Basic 183,459 185,039 188,162 189,372 Diluted 186,307 187,674 190,755 191,457 (1) Earnings per common share are computed independently for each of the quarters presented. Therefore, the sum of the quarterly per common share information may not equal the reported annual earnings per common share.

Summary of Significant Accoun32

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Feb. 29, 2016
Basis of presentation	Basis of presentation 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. The Consolidated Balance Sheet as of February 28, 2015 includes the effect of retrospective application of Accounting Standards Update 2015-17, Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes Interest Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs . As reported Adjustments for Adjustments for Adjusted ASSETS Current assets: Deferred tax assets, net $ 86,796 (86,796 ) — $ — Non-current assets: Deferred tax assets, net $ — 98,892 — $ 98,892 Other assets, net $ 53,243 (18,049 ) (12,463 ) $ 22,731 LIABILITIES Current liabilities: Other current obligations $ 1,844 (659 ) — $ 1,185 Non-current liabilities: Convertible notes $ 715,402 — (12,463 ) $ 702,939 Other long-term obligations $ 77,340 (5,294 ) — $ 72,046 For additional discussion related to recent accounting pronouncements the Company has either recently adopted or is currently evaluating the impact from future adoption, see “Recent accounting pronouncements” in this note.
Use of estimates	Use of estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America 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.
Revenue recognition	Revenue recognition The Company establishes persuasive evidence of a sales arrangement for each type of revenue transaction based on either a signed contract with the end customer, a click-through contract on the Company’s website whereby the customer agrees to the Company’s standard subscription terms, signed or click-through distribution contracts with original equipment manufacturers (“OEMs”) and other resellers, or, in the case of individual training seats, through receipt of payment which indicates acceptance of the Company’s training agreement terms. 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 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 life of the subscription. 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 errata, fixes, functionality enhancements to the technology and upgrades to the technologies, each on an if and when available basis, 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, value added resellers, systems integrators and OEMs. 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. Subscription arrangements with large enterprise customers often have contracts with multiple elements (e.g., software technology, support, training, consulting and other services). The Company allocates revenue to each element of the arrangement based on vendor-specific objective evidence of each element’s fair value when the Company can demonstrate sufficient evidence of the fair value of at least those elements that are undelivered. The fair value of each element in multiple element arrangements is created by either (i) providing the customer with the ability during the term of the arrangement to renew that element at the same rate paid for the element included in the initial term of the agreement or (ii) selling the element on a stand-alone basis. 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. These cloud-usage services began expanding significantly in fiscal 2013 and have continued to grow. For periods prior to March 1, 2015, the Company recognized cloud-usage revenue upon receipt of usage reports from the CCSPs, which typically report fees owed to the Company one month or more after the fees have been earned. Effective March 1, 2015, the Company believed that it had sufficient historical data and experience to estimate this cloud-usage revenue and has begun estimating the amount of and recognizing such revenue in the period earned. The estimates are based on the historical cloud-usage data available. As a result of the Company’s transition to estimating cloud-usage revenue, the Company’s subscription revenues and pre-tax income for the fiscal year ended February 29, 2016 included an additional, favorable adjustment of $5.3 million. Training and services revenue Training and services revenue is comprised of revenue for consulting, engineering and customer training and education services. Consulting services consist of time-based arrangements, and revenue is recognized as these services are 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 using the percentage of completion basis of accounting, provided the Company has the ability to make reliable estimates of progress towards completion, the fee for such services is fixed or determinable and collection of the resulting receivable is probable. Under the percentage of completion method, earnings under the contract are recognized based on the progress toward completion as estimated using the ratio of labor hours incurred to total expected project hours. Changes in estimates are recognized in the period in which they are known. Revenue for customer training and education services is recognized on the dates the services are complete.
Deferred selling costs	Deferred selling costs Deferred commissions are the incremental costs that are directly associated with non-cancelable subscription contracts with customers and consist of sales commissions paid to the Company’s sales force. The commissions are deferred and amortized over a period that approximates the period of the subscription term. 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-cancelable 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. Deferred commissions are included in prepaid expenses on the accompanying Consolidated Balance Sheets. Amortization of deferred commissions is included in sales and marketing expense in the accompanying Consolidated Statements of Operations.
Goodwill and other long-lived assets	Goodwill and other long-lived assets Goodwill The Company evaluates goodwill for impairment during the fourth quarter of its fiscal year or more frequently if events or changes in circumstances indicate that an impairment to goodwill may have occurred. For the year ended February 29, 2016, the Company elected to perform a quantitative assessment of goodwill for all of its reporting units. In doing so, the Company compared the estimated fair value of each of the reporting units to its respective book value, including allocated goodwill. The Company concluded that there were no impairments of goodwill. For the year ended February 28, 2015, the Company applied its test for goodwill impairment as permitted by ASU 2011-08, which allows the Company to first assess qualitative factors to determine whether it is “more likely than not” that the fair value of a reporting unit is less than its carrying value. The outcome of these qualitative tests determines whether it is necessary for a company to perform the two-step goodwill impairment test as required in years prior to the adoption of ASU 2011-08. After considering such qualitative factors as macroeconomic conditions, actual or anticipated changes to cost factors (for example, selling and delivery), overall financial performance and other Company-specific factors, such as potential changes in strategy, the Company determined that it was not more likely than not that any impairment to goodwill had occurred during the year ended February 28, 2015. Consequently, the Company was not required to perform the remaining two-step quantitative goodwill impairment test. Other long-lived assets The Company evaluates the recoverability of its property and equipment and other long-lived assets whenever events or changes in circumstances indicate that an impairment may have occurred. An impairment loss is recognized when the net book value of such assets exceeds the estimated future undiscounted cash flows attributable to the assets or the business to which the assets relate. Impairment losses, if any, are measured as the amount by which the carrying value exceeds the fair value of the assets. See NOTE 8—Other Assets, Net for further discussion of impairment losses on long-lived assets for the years ended February 29, 2016, February 28, 2015 and February 28, 2014.
Cash and cash equivalents	Cash and cash equivalents The Company considers highly liquid investments purchased with a maturity period of three months or less at the date of purchase to be cash equivalents.
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. 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. See NOTE 4—Accounts Receivable for further discussion on accounts receivable balances.
Fair value measurements	Fair value measurements 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 market 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. Upon realization, such amounts are reclassified from accumulated other comprehensive income to Other income (expense), net. Realized gains and losses and other than temporary impairments, if any, are reflected in the consolidated statements of operations as Other income (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 market value, including broker quotes or model valuations. Independent price verifications of all holdings are performed by pricing vendors which 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 market value. See NOTE 18—Assets and Liabilities Measured at Fair Value on a Recurring Basis for further discussion on fair value measurements. 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.
Internal use software	Internal use software The Company capitalizes costs related to the development of internal use software for its website, enterprise resource planning system and systems management applications. The Company amortizes the costs of computer software developed for internal use on a straight-line basis over an estimated useful life of five years. The carrying value of internal use software is included in property and equipment on the Company’s Consolidated Balance Sheets.
Capitalized software costs	Capitalized software costs Capitalization of software development costs for products to be sold to third parties begins upon the establishment of technological feasibility and ceases when the product is available for general release. As a result of the Company’s practice of frequently releasing source code that it has developed on an on-going basis for unrestricted download on the Internet, there is generally no passage of time between achievement of technological feasibility and the availability of the Company’s product for general release. Therefore, at February 29, 2016 and February 28, 2015, the Company had no internally developed capitalized software costs for products to be sold to third parties.
Property and equipment	Property and equipment Property and equipment is primarily comprised of furniture, computer equipment, computer software and leasehold improvements, which are recorded at cost and depreciated or amortized using the straight-line method over their estimated useful lives as follows: furniture and fixtures, seven years; computer equipment, three to four years; computer software, five years; leasehold improvements, over the lesser of the estimated remaining useful life of the asset or the remaining term of the lease. Expenditures for maintenance and repairs are charged to operations as incurred; major expenditures for renewals and betterments are capitalized and depreciated. Property and equipment acquired under capital leases are depreciated over the lesser of the estimated remaining useful life of the asset or the remaining term of the lease.
Share-based compensation	Share-based compensation The Company measures share-based compensation cost as of 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, net of estimated forfeitures. 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 (PSUs”) are measured at their underlying closing share price on the date of grant. The Company’s share-based compensation is described further in NOTE 13—Share-based Awards.
Sales and marketing expenses	Sales and marketing expenses Sales and marketing expenses consist of costs, including salaries, sales commissions and related expenses, such as travel, of all personnel involved in the sales and marketing process. Sales and marketing expenses also include costs of advertising, sales lead generation programs, cooperative marketing arrangements and trade shows. Payments made to resellers or other customers are recognized as a reduction of revenue unless the Company (i) receives an identifiable benefit (goods or services) in exchange for such payments that is sufficiently separable from the purchase of the Company’s products and (ii) the Company can reasonably estimate the fair value of the benefit identified. Advertising costs are expensed as incurred. Advertising expense totaled $88.9 million, $62.6 million and $53.4 million for the years ended February 29, 2016, February 28, 2015 and February 28, 2014, respectively.
Research and development expenses	Research and development expenses Research and development expenses include all direct costs, primarily salaries for Company personnel and outside consultants, related to the development of new software products, significant enhancements to existing software products, and the portion of costs of development of internal use software required to be expensed. Research and development costs are charged to operations as incurred with the exception of those software development costs that may qualify for capitalization.
Income taxes	Income taxes The Company accounts for income taxes using the liability method in which deferred tax assets or liabilities are recognized for the temporary differences between financial reporting and tax bases of the Company’s assets and liabilities and for tax carryforwards at enacted statutory tax rates in effect for the years in which the differences are expected to reverse. The Company continues to assess the realizability of its deferred tax assets, which primarily consist of share-based compensation expense deductions, tax credit carryforwards and deferred revenue. In assessing the realizability of these deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will be realized. The Company continues to maintain a valuation allowance against its deferred tax assets with respect to certain foreign net operating loss (“NOL”) carryforwards. With respect to foreign earnings, it is the Company’s policy to invest the earnings of foreign subsidiaries indefinitely outside the U.S. From time to time, however, the Company may remit a portion of these earnings to the extent it incurs no additional U.S. tax and it is otherwise feasible. Because tax laws are complex and subject to different interpretations, significant judgment is required. As a result, the Company makes certain estimates and assumptions in (i) calculating its income tax expense, deferred tax assets and deferred tax liabilities, (ii) determining any valuation allowance recorded against deferred tax assets and (iii) evaluating the amount of unrecognized tax benefits, as well as the interest and penalties related to such uncertain tax positions. The Company’s estimates and assumptions may differ significantly from tax benefits ultimately realized. The Company’s income tax expense and deferred taxes are described further in NOTE 11—Income Taxes.
Foreign currency translation	Foreign currency translation The Euro has been determined to be the primary functional currency for the Company’s European operations and local currencies have been determined to be the functional currencies for the Company’s Asia Pacific and Latin American operations, with the exception of the Company’s operations in Mexico, where the functional currency is the U.S. dollar. Foreign exchange gains and losses, which result from the process of remeasuring foreign currency transactions into the appropriate functional currency, are included in other income, net in the Company’s Consolidated Statements of Operations. The impact of changes in foreign currency exchange rates resulting from the translation of foreign currency financial statements into U.S. dollars for financial reporting purposes is included in other comprehensive income, which is a separate component of stockholders’ equity. Assets and liabilities are translated into U.S. dollars at exchange rates in effect at the balance sheet date. Income and expense items are translated at average rates for the period.
Customers and credit risk	Customers and credit risk Financial instruments, which potentially subject the Company to concentrations of credit risk, consist principally of cash, cash equivalents, investments and trade receivables. The Company primarily places its cash, cash equivalents and investments with high-credit quality financial institutions which invest predominantly in U.S. government instruments, investment grade corporate bonds and certificates of deposit guaranteed by banks which are members of the Federal Deposit Insurance Corporation. Cash deposits are primarily in financial institutions in the U.S. and the United Kingdom. However, cash for monthly operating costs of international operations are deposited in banks outside the U.S. The Company performs credit evaluations to reduce credit risk and generally requires no collateral from its customers. Management estimates the allowance for uncollectible accounts based on their historical experience and credit evaluation. The Company’s standard credit terms are net 30 days in North America, net 30 to 45 days in EMEA (Europe, Middle East and Africa) and Latin America, and range from net 30 to net 60 days in Asia Pacific.
Net income per common share	Net income per common 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 or vesting of share-based awards. With respect to the Company’s 0.25% convertible senior notes due 2019 (the “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 notes are considered in diluted earnings per share under the treasury stock method. See NOTE 22—Convertible Notes to the Company’s Consolidated Financial Statements for detailed information on the convertible notes.
Segment reporting	Segment reporting The Company is organized primarily on the basis of three geographic business units: the Americas (U.S., Latin America and Canada), EMEA (Europe, Middle East and Africa) 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, resellers and enterprise). The Company has offices in more than 85 locations around the world. The Company manages its international business on an Americas-wide, EMEA-wide and Asia Pacific-wide basis. See NOTE 20—Segment Reporting for further discussion.
Recent accounting pronouncements	Recent accounting pronouncements Accounting pronouncements adopted In November 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update 2015-17, Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes In September 2015, the FASB issued Accounting Standards Update 2015-16, Business Combinations (Topic 805): Simplifying the Accounting for Measurement-Period Adjustments In April 2015, the FASB issued Accounting Standards Update 2015-03, Interest Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs Accounting pronouncements being evaluated In March 2016, the FASB issued Accounting Standards Update 2016-09, Compensation—Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting The Company is currently evaluating the overall impact that ASU 2016-09 will have on its consolidated financial statements. However, a significant impact will result from changes in how the Company recognized the excess tax benefits (“windfalls”) or deficiencies (“shortfalls”) related to share-based payments. For example, such windfalls and shortfalls are currently credited or charged, respectively, to additional paid in capital in the Company’s Consolidated Balance Sheets. Under ASU 2016-09, these windfalls and shortfalls will be recognized as a tax benefit or expense, respectively, in the Company’s Consolidated Statements of Operations. For the years ended February 29, 2016, February 28, 2015 and February 28, 2014, the Company recognized net windfalls totaling $19.8 million, $6.4 million and $10.1 million, respectively, as additional paid in capital. Under the updated guidance these amounts would have instead been recognized as a reduction in tax expense and consequently an increase in net income. In addition to the income tax consequences described above, the excess tax benefits from share-based payment arrangements that the Company currently reports as cash flows from financing activities on its Consolidated Statements of Cash Flows—which totaled $20.2 million, $5.6 million and $12.8 million for the years ended February 29, 2016, February 28, 2015 and February 28, 2014, respectively—will instead, under ASU 2016-09, be reported as cash flows from operating activities on the Company’s Consolidated Statements of Cash Flows. In February 2016, the FASB issued Accounting Standards Update 2016-02, Leases (Topic 842) In January 2016, the FASB issued Accounting Standards Update 2016-01, Financial Instruments—Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities In May 2014, the FASB issued Accounting Standards Update 2014-09, Revenue from Contracts with Customers .

Summary of Significant Accoun33

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Feb. 29, 2016
The retrospective-application adjustments made to the as-reported Consolidated Balance Sheet	The following table summarizes the retrospective-application adjustments made to the as-reported Consolidated Balance Sheet as of February 28, 2015, by line item (in thousands): As reported Adjustments for Adjustments for Adjusted ASSETS Current assets: Deferred tax assets, net $ 86,796 (86,796 ) — $ — Non-current assets: Deferred tax assets, net $ — 98,892 — $ 98,892 Other assets, net $ 53,243 (18,049 ) (12,463 ) $ 22,731 LIABILITIES Current liabilities: Other current obligations $ 1,844 (659 ) — $ 1,185 Non-current liabilities: Convertible notes $ 715,402 — (12,463 ) $ 702,939 Other long-term obligations $ 77,340 (5,294 ) — $ 72,046

Business Combinations (Tables)

Business Combinations (Tables)	12 Months Ended
	Feb. 29, 2016
Summary of Changes in Goodwill	The following is a summary of goodwill for the years ended February 29, 2016, February 28, 2015 and February 28, 2014 (in thousands): Balance at February 28, 2013 $ 690,911 Final purchase price allocation adjustment for ManageIQ (3,164 ) Impact of foreign currency fluctuations (317 ) Balance at February 28, 2014 $ 687,430 Acquisition of Inktank 131,446 Acquisition of eNovance 60,849 Acquisition of FeedHenry 68,491 Impact of foreign currency fluctuations (21,156 ) Balance at February 28, 2015 $ 927,060 Acquisition of Ansible 102,260 Impact of foreign currency fluctuations and other adjustments (2,043 ) Balance at February 29, 2016 $ 1,027,277
Ansible, Inc
Post Acquisition Revenue, Expenses and Losses Included Company's Consolidated Statement of Operations	The following is a summary of the post-acquisition revenue, expenses and losses of Ansible that are included in the Company’s Consolidated Statement of Operations for the fiscal year ended February 29, 2016 (in thousands): Year Ended Revenue $ 695 Operating expenses (7,707 ) Operating loss (7,012 ) Tax benefit 1,927 Net loss $ (5,085 )
Feed Henry, eNovance and Inktank Storage Inc
Pro Forma Consolidated Financial Information	The following unaudited pro forma consolidated financial information reflects the results of operations of the Company for the fiscal years ended February 29, 2016, February 28, 2015 and February 28, 2014 (in thousands, except per share amounts) as if the acquisition of Ansible had closed on March 1, 2014, and the acquisitions of FeedHenry, eNovance and Inktank had closed on March 1, 2013, after giving effect to certain purchase accounting adjustments. These pro forma results are not necessarily indicative of what the Company’s operating results would have been had the acquisitions actually taken place at the beginning of the period. Year ended February 29, February 28, February 28, Revenue $ 2,055,057 $ 1,796,441 $ 1,551,301 Net income 193,099 162,385 150,870 Basic net income per common share $ 1.06 $ 0.87 $ 0.79 Diluted net income per common share $ 1.04 $ 0.86 $ 0.79

Accounts Receivable (Tables)

Accounts Receivable (Tables)	12 Months Ended
	Feb. 29, 2016
Activities In Allowance For Doubtful Accounts	Activity in the Company’s allowance for doubtful accounts for the years ended February 29, 2016, February 28, 2015 and February 28, 2014 is presented in the following table (in thousands): Balance at beginning of period Charged to expense Adjustments (1) Balance at end of period Fiscal 2014 $ 1,339 841 (194 ) $ 1,986 Fiscal 2015 $ 1,986 469 (208 ) $ 2,247 Fiscal 2016 $ 2,247 1,323 (772 ) $ 2,798 (1) Represents foreign currency translation adjustments and amounts written-off as uncollectible accounts receivable.

Prepaid Expenses (Tables)

Prepaid Expenses (Tables)	12 Months Ended
	Feb. 29, 2016
Schedule of Prepaid Expenses, Including Sales Commissions	Prepaid expenses, including sales commissions, were comprised of the following (in thousands): February 29, February 28, Deferred commissions $ 102,254 $ 107,313 Professional services 21,160 14,934 Taxes 15,819 17,543 Insurance 2,160 1,859 Other 9,484 9,066 Prepaid expenses $ 150,877 $ 150,715

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Feb. 29, 2016
Schedule of Property and Equipment at Cost	The Company’s property and equipment is recorded at cost and consists of the following (in thousands): February 29, February 28, Computer equipment $ 135,342 $ 141,972 Software, including software developed for internal use 85,517 80,565 Furniture and fixtures 28,800 28,595 Leasehold improvements 104,045 100,882 Property and equipment—in progress 8,001 10,251 Property and equipment $ 361,705 $ 362,265 Less: accumulated depreciation (194,819 ) (190,114 ) Property and equipment, net $ 166,886 $ 172,151
Depreciation Expense Recognized in Consolidated Financial Statements	Depreciation expense recognized in the Company’s Consolidated Financial Statements for the years ended February 29, 2016, February 28, 2015 and February 28, 2014 is summarized as follows (in thousands): Year ended Year ended Year ended Total depreciation expense $ 48,909 $ 48,001 $ 45,169

Identifiable Intangible Assets

Identifiable Intangible Assets (Tables)	12 Months Ended
	Feb. 29, 2016
Summary of Identifiable Intangible Assets	The following is a summary of identifiable intangible assets (in thousands): February 29, 2016 February 28, 2015 Gross Amount Accumulated Amortization Net Amount Gross Amount Accumulated Amortization Net Amount Trademarks, copyrights and patents $ 138,106 $ (49,876 ) $ 88,230 $ 117,020 $ (42,630 ) $ 74,390 Purchased technologies 96,105 (70,940 ) 25,165 81,482 (63,618 ) 17,864 Customer and reseller relationships 104,593 (80,329 ) 24,264 104,084 (71,512 ) 32,572 Covenants not to compete 13,240 (9,875 ) 3,365 10,683 (7,657 ) 3,026 Other intangible assets 8,833 (3,786 ) 5,047 8,833 (2,409 ) 6,424 Total identifiable intangible assets $ 360,877 $ (214,806 ) $ 146,071 $ 322,102 $ (187,826 ) $ 134,276
Summary of Change in Identifiable Intangible Assets	The following is a summary of the change in identifiable intangible assets for the year ended February 29, 2016 (in thousands): Balance at February 28, 2015 $ 134,276 Purchase of identifiable intangible assets from Ansible 25,100 Purchase of developed software and other intangible assets 14,381 Amortization expense (27,179 ) Impact of foreign currency fluctuations and other adjustments (507 ) Balance at February 29, 2016 $ 146,071
Schedule of Amortization Expense Associated with Identifiable Intangible Assets	Amortization expense associated with identifiable intangible assets recognized in the Company’s Consolidated Financial Statements for the years ended February 29, 2016, February 28, 2015 and February 28, 2014 is summarized as follows (in thousands): Year ended Year ended Year ended Cost of revenue $ 13,102 $ 12,049 $ 11,212 Sales and marketing 8,075 7,838 8,872 Research and development 842 2,417 3,836 General and administrative 5,160 5,958 5,316 Total amortization expense $ 27,179 $ 28,262 $ 29,236
Schedule of Amortization Expense	As of February 29, 2016, future amortization expense on existing intangibles is as follows (in thousands): Fiscal Year Amortization 2017 $ 30,170 2018 26,676 2019 19,880 2020 15,214 2021 8,582 Thereafter 34,436 Total amortization expense $ 134,958

Other Assets, Net (Tables)

Other Assets, Net (Tables)	12 Months Ended
	Feb. 29, 2016
Components of Other Assets, Net	Other assets, net were comprised of the following (in thousands): February 29, February 28, Cost-basis investments $ 16,079 $ 15,581 Non-current prepaid expenses 21,275 — Security deposits and other 7,152 7,150 Other assets, net $ 44,506 $ 22,731

Accounts Payable and Accrued 40

Accounts Payable and Accrued Expenses (Tables)	12 Months Ended
	Feb. 29, 2016
Summary of Accounts Payable and Accrued Expenses	Accounts payable and accrued expenses were comprised of the following (in thousands): February 29, February 28, Accounts payable $ 63,268 $ 31,017 Accrued wages and other compensation related expenses 137,738 126,378 Accrued other trade payables 45,785 40,400 Accrued income and other taxes payable 37,069 39,596 Accrued other 942 342 Accounts payable and accrued expenses $ 284,802 $ 237,733

Derivative Instruments (Tables)

Derivative Instruments (Tables)	12 Months Ended
	Feb. 29, 2016
Summary of Effects of Derivative Instruments	The effects of derivative instruments on the Company’s Consolidated Financial Statements are as follows as of February 29, 2016 and for the year then ended (in thousands): Year ended February 29, 2016 As of February 29, 2016 Classification of Gain (Loss) Recognized in Income on Derivatives Amount of Gain (Loss) Recognized in Income on Derivatives Balance Fair Value Notional Value Assets—foreign currency forward contracts not designated as hedges Other current assets $ 566 $ 31,390 Other income (expense), net $ 1,226 Liabilities—foreign currency forward contracts not designated as hedges Accounts payable and accrued expenses (452 ) 41,214 Other income (expense), net (1,195 ) TOTAL $ 114 $ 72,604 $ 31 The effects of derivative instruments on the Company’s Consolidated Financial Statements are as follows as of February 28, 2015 and for the year then ended (in thousands): Year ended February 28, 2015 As of February 28, 2015 Classification of Gain (Loss) Recognized in Income on Derivatives Amount of Gain (Loss) Recognized in Income on Derivatives Balance Fair Value Notional Value Assets—foreign currency forward contracts not designated as hedges Other current assets $ 74 $ 5,281 Other income (expense), net $ 664 Liabilities—foreign currency forward contracts not designated as hedges Accounts payable and accrued expenses (738 ) 102,836 Other income (expense), net (2,626 ) TOTAL $ (664 ) $ 108,117 $ (1,962 )

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Feb. 29, 2016
Schedule of U.S. and Foreign Components of Income Before Provision for Income Taxes	The U.S. and foreign components of the Company’s income before provision for income taxes consisted of the following (in thousands): February 29, February 28, February 28, U.S. $ 155,550 $ 167,388 $ 135,371 Foreign 119,315 88,110 104,177 Income before provision for income taxes $ 274,865 $ 255,498 $ 239,548
Schedule of Components of Provision for Income Taxes	The components of the Company’s provision for income taxes consisted of the following (in thousands): February 29, February 28, February 28, Current: Foreign $ 39,168 $ 26,325 $ 23,391 Federal 44,872 15,252 19,734 State 5,133 4,090 7,147 Current tax expense $ 89,173 $ 45,667 $ 50,272 Deferred: Foreign (5,170 ) (8,188 ) (1,100 ) Federal (6,142 ) 36,197 14,468 State (2,361 ) 1,621 (2,384 ) Deferred tax expense $ (13,673 ) $ 29,630 $ 10,984 Net provision for income taxes $ 75,500 $ 75,297 $ 61,256
Schedule of Deferred Tax Assets and Liabilities	Significant components of the Company’s deferred tax assets and liabilities at February 29, 2016 and February 28, 2015, consisted of the following (in thousands): February 29, February 28, Deferred tax assets: Foreign net operating loss carryforwards $ 6,679 $ 6,704 Domestic net operating loss carryforwards 13,202 17,956 Domestic credit carryforwards 7,849 8,990 Share-based compensation 44,276 36,996 Deferred revenue 83,901 68,850 Foreign deferred royalty expenses 9,896 9,958 Convertible notes 15,182 18,683 Other 12,313 12,407 Total deferred tax assets $ 193,298 $ 180,544 Valuation allowance for deferred tax assets (3,291 ) (2,641 ) Total deferred tax assets, net of valuation allowance $ 190,007 $ 177,903 Deferred tax liabilities: Goodwill 9,450 7,835 Fixed and intangible assets 44,085 37,321 Compensation accruals 21,415 23,518 Other 3,770 11,152 Total deferred tax liabilities $ 78,720 $ 79,826 Net deferred tax asset $ 111,287 $ 98,077
Gross and Net Deferred Tax Assets and Liability Positions	The Company’s gross and net deferred tax asset and liability positions at February 29, 2016 are as follows (in thousands): Domestic Foreign Consolidated Deferred tax assets $ 158,623 $ 31,384 $ 190,007 Deferred tax liabilities 73,254 5,466 78,720 Net deferred tax asset $ 85,369 $ 25,918 $ 111,287
Reconciliation of Statutory Federal Income Tax Rates to Provision for Income Taxes	Taxes computed at the statutory federal income tax rates are reconciled to the provision for income taxes for the years ended February 29, 2016, February 28, 2015 and February 28, 2014, respectively, as follows (in thousands): February 29, February 28, February 28, Effective rate 27.5 % 29.5 % 25.6 % Provision at federal statutory rate, 35% $ 96,203 $ 89,424 $ 83,842 State tax, net of federal tax benefit 601 4,042 3,169 Foreign rate differential (6,771 ) (11,124 ) (10,817 ) Israel tax holiday (1) (1,461 ) (2,859 ) (1,901 ) Foreign dividend — 8,720 623 Nondeductible items 3,426 3,339 2,157 Research tax credit (5,105 ) (5,329 ) (3,070 ) Foreign tax credit (10,267 ) (11,755 ) (11,878 ) Domestic production activities deduction (5,033 ) (4,433 ) (4,973 ) Other 3,907 5,272 4,104 Provision for income taxes $ 75,500 $ 75,297 $ 61,256 (1) The Company qualifies for a tax holiday in Israel which began during the fiscal year ended February 28, 2011 and is scheduled to terminate as of the fiscal year ending February 29, 2020. The tax holiday provides for an exemption from income tax in the first two years, and for a reduced rate of taxation on income generated in Israel for the subsequent eight years. The financial impact of this holiday for the year ended February 29, 2016 was a $1.5 million reduction in the Company’s provision for income taxes, which increased the Company’s diluted earnings per share by approximately $0.01.
Schedule of Unrecognized Tax Benefits	The following table reconciles unrecognized tax benefits for the years ended February 29, 2016, February 28, 2015 and February 28, 2014 (in thousands): Balance at February 28, 2013 $ 48,313 Additions based on tax positions related to prior years 100 Additions based on tax positions related to the current year 9,005 Reductions related to settlements with tax authorities (364 ) Balance at February 28, 2014 $ 57,054 Additions based on tax positions related to prior years 514 Additions based on tax positions related to the current year 3,374 Reductions related to changes in facts and circumstances (229 ) Reductions related to lapse of the statute of limitations (370 ) Balance at February 28, 2015 $ 60,343 Additions based on tax positions related to prior years 13,486 Additions based on tax positions related to the current year 3,494 Additions related to changes in facts and circumstances 256 Reductions related to settlements with tax authorities (1,112 ) Reductions related to lapse of the statute of limitations (1,581 ) Balance at February 29, 2016 $ 74,886
Summary of Tax Years Subject to Examination	The following table summarizes the tax years in the Company’s major tax jurisdictions that remain subject to income tax examinations by tax authorities as of February 29, 2016. Due to NOL carryforwards, in some cases the tax years continue to remain subject to examination with respect to such NOLs: Tax Jurisdiction Years Subject to Income Tax Examination U.S. federal 1998 – Present California 2001 – Present North Carolina 2001 – Present Massachusetts 2008 – Present Ireland 2011 – Present Japan (1) 2012 – Present (1) The Company has been examined for income tax for years through February 28, 2011. However, the statute of limitations remains through May 31, 2016.

Share-based Awards (Tables)

Share-based Awards (Tables)	12 Months Ended
	Feb. 29, 2016
Summary of Share-Based Awards Granted During Period, by Type	The following table summarizes share-based awards, by type, granted during the years ended February 29, 2016, February 28, 2015 and February 28, 2014: Awards Granted Year ended Awards Granted Year ended Awards Granted Year ended February 29, 2016 February 28, 2015 February 28, 2014 Shares and Shares Underlying Awards Weighted Average Per Share Award Fair Value Shares and Shares Underlying Awards Weighted Average Per Share Award Fair Value Shares and Shares Underlying Awards Weighted Average Per Share Award Fair Value Stock options — $ — — $ — 133,800 $ 12.64 Service-based shares and share units (1) 2,108,639 $ 76.45 2,994,553 $ 53.23 2,513,328 $ 47.43 Performance-based share units—Maximum 628,596 $ 77.87 1,148,084 $ 52.17 671,448 $ 47.86 Stock options assumed as part of a business combination 119,515 $ 58.22 219,169 $ 48.45 — $ — Restricted shares issued as part of a business combination with continued-employment service conditions — $ — 529,057 $ 54.75 — $ — Total share-based awards 2,856,750 $ 76.00 4,890,863 $ 52.93 3,318,576 $ 46.11 (1) Service-based shares granted during the year ended February 29, 2016 include 154,705 restricted shares awarded to certain executives that were subject to both a four-year service condition and the achievement of a specified dollar amount of revenue for fiscal year 2016 (the “RSA performance goal”). The RSA performance goal for fiscal year 2016 was met. Therefore, as of April 19, 2016 only the service condition remained, with 25% vesting one year from the date of grant and the remainder vesting ratably on a quarterly basis over the course of the subsequent three-year period.
Share-Based Compensation Expense	The following summarizes share-based compensation expense recognized in the Company’s Consolidated Financial Statements for the years ended February 29, 2016, February 28, 2015 and February 28, 2014 (in thousands): Year ended Year ended Year ended Cost of revenue $ 15,898 $ 14,027 $ 11,793 Sales and marketing 69,089 55,203 40,322 Research and development 48,466 38,517 34,194 General and administrative 32,781 27,485 27,465 Total share-based compensation expense $ 166,234 $ 135,232 $ 113,774
Total Fair Value of Stock Options Recognized	The total fair value of stock options recognized in the Consolidated Financial Statements for the years ended February 29, 2016, February 28, 2015 and February 28, 2014 was as follows (in thousands): Year ended Year ended Year ended Total fair value of stock options recognized $ 4,918 $ 5,085 $ 2,139
Total Intrinsic Value of Stock Options Exercised	The intrinsic value of stock options exercised during the years ended February 29, 2016, February 28, 2015 and February 28, 2014 was as follows (in thousands): Year ended Year ended Year ended Total intrinsic value of stock options exercised $ 9,103 $ 6,289 $ 6,775
Service Based Share Units
Total Fair Value of Service/Performance-Based Awards Recognized	The total fair value of service-based share awards recognized in the Company’s Consolidated Financial Statements for the years ended February 29, 2016, February 28, 2015 and February 28, 2014 was as follows (in thousands): Year ended Year ended Year ended Total fair value of service-based awards recognized $ 124,904 $ 107,887 $ 92,450
Activity for Service-Based Share Units	The following table summarizes the activity for the Company’s service-based share awards for the years ended February 29, 2016, February 28, 2015 and February 28, 2014: Nonvested Shares and Share Units Weighted Average Grant-date Fair Value Service-based share awards at February 28, 2013 5,193,433 $ 46.59 Granted 2,513,328 47.43 Vested (1,915,326 ) 42.35 Forfeited (418,127 ) 48.53 Service-based share awards at February 28, 2014 5,373,308 $ 48.34 Granted 2,994,553 53.23 Vested (1,948,247 ) 47.24 Forfeited (569,952 ) 48.50 Restricted shares issued as part of a business combination with continued-employment service conditions (1) 529,057 54.75 Service-based share awards at February 28, 2015 6,378,719 $ 51.49 Granted 2,108,639 76.45 Vested (2,047,169 ) 50.78 Forfeited (265,315 ) 56.21 Service-based share awards at February 29, 2016 6,174,874 $ 60.05 (1) As part of the Company’s acquisition of eNovance, a total of 529,057 restricted common shares were issued to certain shareholders of eNovance. These restricted shares are conditioned on continued employment with the Company. The shares effectively vest 25% per year and are being amortized on a straight-line basis to share-based compensation expense in the Company’s Consolidated Statement of Operations.
Intrinsic Value of Service-Based Awards	The following summarizes the intrinsic value, as of February 29, 2016, of the Company’s service-based awards outstanding and expected to vest: Intrinsic Value of Service-based Awards Number of Shares and Share Units Weighted Average Remaining Vesting Period Intrinsic Value at February 28, 2015 (in thousands) Outstanding 6,174,874 2.7 $ 403,528 Expected to vest (assuming annual forfeiture rate of 10%) 5,339,337 2.7 $ 348,926
Total Intrinsic Value of Service-Based Awards	The intrinsic value of service-based awards vesting during the years ended February 29, 2016, February 28, 2015 and February 28, 2014 was as follows (in thousands): Year ended Year ended Year ended Total intrinsic value of service-based awards vesting $ 157,864 $ 108,066 $ 88,969
Performance Share Units
Total Fair Value of Service/Performance-Based Awards Recognized	The total fair value of performance-based share awards recognized in the Company’s Consolidated Financial Statements for the years ended February 29, 2016, February 28, 2015 and February 28, 2014 was as follows (in thousands): Year ended Year ended Year ended Total fair value of performance-based awards recognized $ 36,412 $ 22,260 $ 19,185
Activity for Performance-Based Share Units	The following table summarizes the activity for the Company’s PSUs for the years ended February 29, 2016, February 28, 2015 and February 28, 2014: Maximum Activity Shares Underlying Performance Share Units Weighted Average Grant Date Fair Value Outstanding at February 28, 2013 1,504,670 $ 43.22 Granted 671,448 47.86 Vested (399,334 ) 33.47 Forfeited (101,559 ) 44.34 Outstanding at February 28, 2014 1,675,225 $ 47.34 Granted 1,148,084 52.17 Vested (374,921 ) 45.42 Forfeited (299,053 ) 41.90 Outstanding at February 28, 2015 2,149,335 $ 51.01 Granted 628,596 77.87 Vested (497,656 ) 52.41 Forfeited (230,764 ) 52.29 Outstanding at February 29, 2016 2,049,511 $ 58.76
Total Fair Value of Performance-Based Awards Vesting	The total intrinsic value of performance-based share awards vesting during the years ended February 29, 2016, February 28, 2015 and February 28, 2014 was as follows (in thousands): Year ended Year ended Year ended Total intrinsic value of performance-based awards vesting $ 36,555 $ 18,733 $ 19,639

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Feb. 29, 2016
Schedule Of Future Minimum Lease Payments Required Under Operating Leases	As of February 29, 2016, the Company leased office space and certain equipment under various non-cancelable operating leases. Future minimum lease payments required under the operating leases at February 29, 2016 are as follows (in thousands): Fiscal Year Operating Leases 2017 $ 31,381 2018 22,572 2019 19,706 2020 18,322 2021 16,209 Thereafter 73,036 Total minimum lease payments $ 181,226
Rent Expense Under Operating Leases	Rent expense under operating leases for the fiscal years ended February 29, 2016, February 28, 2015 and February 28, 2014 is provided in the following table (in thousands): Year ended Year ended Year ended Total operating lease expense $ 32,078 $ 30,869 $ 29,472

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	12 Months Ended
	Feb. 29, 2016
Schedule of Defined Benefit Plans Disclosures	The Company has the option to make contributions to the plans and contributed to the plans for the years ended February 29, 2016, February 28, 2015 and February 28, 2014 as follows (in thousands): Year ended Year ended Year ended Total contributions to employee benefit plans $ 25,731 $ 21,721 $ 17,613

Assets and Liabilities Measur46

Assets and Liabilities Measured at Fair Value on a Recurring Basis (Tables)	12 Months Ended
	Feb. 29, 2016
Fair Value of Assets and Liabilities Acquired	The following table summarizes the composition and fair value hierarchy of the Company’s financial assets and liabilities at February 29, 2016 (in thousands): As of Quoted Prices In Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Money markets (1) $ 221,970 $ 221,970 $ — $ — Available-for-sale securities (1): U.S. agency securities 331,117 — 331,117 — Corporate securities 736,495 — 736,495 — Foreign currency derivatives (2) 566 — 566 — Liabilities: Foreign currency derivatives (3) (452 ) — (452 ) — Total $ 1,289,696 $ 221,970 $ 1,067,726 $ — (1) Included in Cash and cash equivalents, Investments in debt securities, short-term or Investments in debt securities, long-term in the Company’s Consolidated Balance Sheet at February 29, 2016 in addition to $705.8 million of cash. (2) Included in Other current assets in the Company’s Consolidated Balance Sheet at February 29, 2016. (3) Included in Accounts payable and accrued expenses in the Company’s Consolidated Balance Sheet at February 29, 2016. The following table summarizes the composition and fair value hierarchy of the Company’s financial assets and liabilities at February 28, 2015 (in thousands): As of Quoted Prices In Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Money markets (1) $ 369,926 $ 369,926 $ — $ — Interest-bearing deposits (1) 39 — 39 — Available-for-sale securities (1): Commercial paper 29,994 — 29,994 — U.S. agency securities 276,287 — 276,287 — Corporate securities 421,200 — 421,200 — Foreign government securities 63,744 — 63,744 — Equity securities (1) — — — Foreign currency derivatives (2) 74 74 Liabilities: Foreign currency derivatives (3) (738 ) — (738 ) — Total $ 1,160,526 $ 369,926 $ 790,600 $ — (1) Included in Cash and cash equivalents, Investments in debt securities, short-term or Investments in debt securities, long-term in the Company’s Consolidated Balance Sheet at February 28, 2015, in addition to $647.6 million of cash. (2) Included in Other current assets in the Company’s Consolidated Balance Sheet at February 28, 2015. (3) Included in Accounts payable and accrued expenses in the Company’s Consolidated Balance Sheet at February 28, 2015.
Investments Measured at Fair Value	The following table represents the Company’s investments measured at fair value as of February 29, 2016 (in thousands): Balance Sheet Classification Amortized Cost Gross Unrealized Aggregate Fair Value Cash Equivalent Marketable Securities Investments short-term Investments long-term Gains Losses(1) Money markets $ 221,970 $ — $ — $ 221,970 $ 221,970 $ — $ — U.S. agency securities 331,302 160 (345 ) 331,117 — 50,453 280,664 Corporate securities 737,723 994 (2,222 ) 736,495 — 230,689 505,806 Total $ 1,290,995 $ 1,154 $ (2,567 ) $ 1,289,582 $ 221,970 $ 281,142 $ 786,470 (1) As of February 29, 2016, there were $0.9 million of accumulated unrealized losses related to investments that have been in a continuous unrealized loss position for 12 months or longer. The following table represents the Company’s investments measured at fair value as of February 28, 2015 (in thousands): Balance Sheet Classification Amortized Cost Gross Unrealized Aggregate Fair Value Cash Equivalent Marketable Securities Investments short-term Investments long-term Gains Losses(1) Money markets $ 369,926 $ — $ — $ 369,926 $ 369,926 $ — $ — Interest-bearing deposits 39 — — 39 — 39 — Commercial paper 29,994 — — 29,994 29,994 — — U.S. agency securities 276,928 13 (654 ) 276,287 — 5,002 271,285 Corporate securities 420,431 1,219 (450 ) 421,200 — 146,469 274,731 Foreign government securities 63,687 59 (2 ) 63,744 — 63,744 — Total $ 1,161,005 $ 1,291 $ (1,106 ) $ 1,161,190 $ 399,920 $ 215,254 $ 546,016 (1) As of February 28, 2015, there were $0.3 million of accumulated unrealized losses related to investments that have been in a continuous unrealized loss position for 12 months or longer.
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 at February 29, 2016 (in thousands): Total Less than 1 Year 1-3 Years 3-5 Years More than 5 Years Maturity of current and long-term available-for-sale securities $ 1,067,612 $ 281,142 $ 612,749 $ 173,721 $ —

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Feb. 29, 2016
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 for the years ended February 29, 2016, February 28, 2015 and February 28, 2014 (in thousands, except per share amounts): Year ended Year ended Year ended Net income, basic and diluted $ 199,365 $ 180,201 $ 178,292 Weighted average common shares outstanding 182,817 186,529 189,920 Incremental shares attributable to assumed vesting or exercise of outstanding equity award shares 3,020 2,717 2,116 Dilutive effect of convertible notes 282 — — Diluted shares 186,119 189,246 192,036 Net income per share - diluted $ 1.07 $ 0.95 $ 0.93
Shares Considered Anti-Dilutive for Calculating Diluted EPS	The following share awards are not included in the computation of diluted earnings per share 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): Year ended Year ended Year ended Number of shares considered anti-dilutive for calculating diluted EPS 21 121 360

Segment Reporting (Tables)

Segment Reporting (Tables)	12 Months Ended
	Feb. 29, 2016
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 at and for the years ended February 29, 2016, February 28, 2015 and February 28, 2014 (in thousands): Americas EMEA Asia Pacific Corporate(1) Consolidated Year ended February 29, 2016 Revenue from unaffiliated customers $ 1,354,345 $ 436,304 $ 261,581 $ — $ 2,052,230 Income (loss) from operations $ 297,462 $ 93,373 $ 63,447 $ (166,234 ) $ 288,048 Total cash, cash equivalents and available-for-sale investment securities $ 1,222,470 $ 540,584 $ 232,336 $ — $ 1,995,390 Total assets $ 2,909,238 $ 871,475 $ 374,386 $ — $ 4,155,099 Year ended February 28, 2015 Revenue from unaffiliated customers $ 1,144,237 $ 410,299 $ 234,953 $ — $ 1,789,489 Income (loss) from operations $ 242,173 $ 89,364 $ 53,689 $ (135,232 ) $ 249,994 Total cash, cash equivalents and available-for-sale investment securities $ 1,267,824 $ 405,114 $ 135,805 $ — $ 1,808,743 Total assets (2) $ 2,755,923 $ 726,101 $ 302,545 $ — $ 3,784,569 Year ended February 28, 2014 Revenue from unaffiliated customers $ 974,655 $ 352,935 $ 207,025 $ — $ 1,534,615 Income (loss) from operations $ 199,254 $ 94,949 $ 51,860 $ (113,774 ) $ 232,289 Total cash, cash equivalents and available-for-sale investment securities $ 808,830 $ 517,397 $ 161,202 $ — $ 1,487,429 Total assets (2) $ 2,126,843 $ 703,412 $ 248,815 $ — $ 3,079,070 (1) Amounts represent share-based compensation expense for each of the three fiscal years ended February 29, 2016, February 28, 2015 and February 28, 2014, which was not allocated to geographic segments. (2) Includes the effects of retrospective application of ASU 2015-03 and ASU 2015-17.
Summary of Revenue from Unaffiliated Customers	The following table lists, for the years ended February 29, 2016, February 28, 2015 and February 28, 2014, revenue from unaffiliated customers in the United States, the Company’s country of domicile, and revenue from foreign countries (in thousands): Year ended Year ended Year ended United States, the Company’s country of domicile $ 1,213,493 $ 1,022,803 $ 848,053 Foreign 838,737 766,686 686,562 Total revenue from unaffiliated customers $ 2,052,230 $ 1,789,489 $ 1,534,615
Summary of Tangible Long-Lived Assets	Total tangible long-lived assets located in the United States, the Company’s country of domicile, and similar tangible long-lived assets held outside the U.S. are summarized in the following table for the years ended February 29, 2016, February 28, 2015 and February 28, 2014 (in thousands): February 29, February 28, February 28, United States, the Company’s country of domicile $ 126,937 $ 131,792 $ 137,356 Foreign 39,949 40,359 36,561 Total tangible long-lived assets $ 166,886 $ 172,151 $ 173,917
Summary of Subscription Revenue and Services by Technology Classes	The following table, for each of the fiscal years ended February 29, 2016, February 28, 2015 and February 28, 2014, provides further detail, by type, of our subscription and services revenues. Infrastructure-related offerings subscription revenue includes subscription revenue generated from Red Hat Enterprise Linux and related technologies such as Red Hat Satellite and Red Hat Enterprise Virtualization. Subscription revenue generated from our Application development-related and other emerging technology offerings includes Red Hat JBoss Middleware, Red Hat Storage, Red Hat Mobile and Red Hat cloud offerings such as Red Hat Enterprise Linux OpenStack Platform and OpenShift by Red Hat (in thousands): Year ended Year ended Year ended Subscription revenue: Infrastructure-related offerings $ 1,480,463 $ 1,324,693 $ 1,171,103 Application development-related and other emerging technology offerings 322,986 236,541 165,668 Total subscription revenue 1,803,449 1,561,234 1,336,771 Training and services revenue: Consulting services 190,870 171,436 145,191 Training 57,911 56,819 52,653 Total training and services revenue 248,781 228,255 197,844 Total revenue $ 2,052,230 $ 1,789,489 $ 1,534,615

Other Long-Term Obligations (Ta

Other Long-Term Obligations (Tables)	12 Months Ended
	Feb. 29, 2016
Other Long-Term Obligations	Other long-term obligations were comprised of the following (in thousands): February 29, February 28, Accrued income taxes $ 73,403 $ 57,083 Deferred rent credits 13,197 12,992 Net non-current deferred tax liability (see NOTE 11—Income Taxes) 169 815 Other 1,143 1,156 Other long-term obligations $ 87,912 $ 72,046

Convertible Notes (Tables)

Convertible Notes (Tables)	12 Months Ended
	Feb. 29, 2016
Components of Convertible Notes	As of February 29, 2016, the Notes consisted of the following (in thousands): February 29, Liability component Principal $ 805,000 Less: debt issuance costs (10,029 ) Less: debt discount (71,029 ) Net carrying amount $ 723,942 Equity component (1) $ 96,890 (1) Recorded in the Consolidated Balance Sheet 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 for the fiscal years ended February 29, 2016 and February 28, 2015 (in thousands): Year ended Year ended Coupon rate 0.25% per year, payable semiannually $ 2,012 $ 805 Amortization of convertible note issuance costs—liability component 2,433 935 Accretion of debt discount 18,570 7,292 Total interest expense related to convertible notes $ 23,015 $ 9,032
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): As of February 29, 2016 Fair Value Carrying Value Convertible notes $ 714,950 $ 723,942

Accumulated Other Comprehensi51

Accumulated Other Comprehensive Loss (Tables)	12 Months Ended
	Feb. 29, 2016
Summary of Accumulated Other Comprehensive Loss	Accumulated other comprehensive loss was comprised of the following (in thousands): February 29, February 28, Accumulated loss from foreign currency translation adjustment $ (73,776 ) $ (60,986 ) Accumulated unrealized gain (loss), net of tax, on available-for-sale securities (673 ) 365 Accumulated other comprehensive loss $ (74,449 ) $ (60,621 )

Unaudited Quarterly Results (Ta

Unaudited Quarterly Results (Tables)	12 Months Ended
	Feb. 29, 2016
Schedule Of Unaudited Quarterly Results	Below are unaudited condensed quarterly results for the year ended February 29, 2016: Year ended February 29, 2016 (Unaudited) 4th Quarter 3rd Quarter 2nd Quarter 1st Quarter (in thousands, except per share data) Revenue: Subscriptions $ 479,642 $ 457,488 $ 441,526 $ 424,793 Training and services 63,859 66,092 62,622 56,208 Total subscription and training and services revenue $ 543,501 $ 523,580 $ 504,148 $ 481,001 Gross profit $ 462,281 $ 442,532 $ 428,184 $ 409,604 Income from operations $ 71,771 $ 68,877 $ 76,470 $ 70,930 Interest income $ 3,189 $ 2,874 $ 2,895 $ 2,715 Interest expense $ 5,856 $ 5,817 $ 5,733 $ 5,715 Other income (expense), net $ (336 ) $ 49 $ (1,245 ) $ (203 ) Net income, basic and diluted $ 53,036 $ 46,848 $ 51,395 $ 48,086 Net income per common share (1): Basic $ 0.29 $ 0.26 $ 0.28 $ 0.26 Diluted $ 0.29 $ 0.25 $ 0.28 $ 0.26 Weighted average shares outstanding: Basic 182,099 182,850 183,179 183,130 Diluted 184,888 186,094 186,750 186,175 (1) Earnings per common share are computed independently for each of the quarters presented. Therefore, the sum of the quarterly per common share information may not equal the reported annual earnings per common share. Below are unaudited condensed quarterly results for the year ended February 28, 2015: Year ended February 28, 2015 (Unaudited) 4th Quarter 3rd Quarter 2nd Quarter 1st Quarter (in thousands, except per share data) Revenue: Subscriptions $ 405,072 $ 394,699 $ 389,495 $ 371,968 Training and services 58,869 61,196 56,404 51,786 Total subscription and training and services revenue $ 463,941 $ 455,895 $ 445,899 $ 423,754 Gross profit $ 393,724 $ 384,530 $ 378,725 $ 359,311 Income from operations $ 67,607 $ 67,197 $ 64,227 $ 50,963 Interest income $ 2,288 $ 2,196 $ 2,010 $ 1,842 Interest expense $ 5,803 $ 3,441 $ 97 $ 53 Other income (expense), net $ 4,785 $ 1,559 $ (192 ) $ 410 Net income, basic and diluted $ 47,700 $ 47,933 $ 46,823 $ 37,745 Net income per common share (1): Basic $ 0.26 $ 0.26 $ 0.25 $ 0.20 Diluted $ 0.26 $ 0.26 $ 0.25 $ 0.20 Weighted average shares outstanding: Basic 183,459 185,039 188,162 189,372 Diluted 186,307 187,674 190,755 191,457 (1) Earnings per common share are computed independently for each of the quarters presented. Therefore, the sum of the quarterly per common share information may not equal the reported annual earnings per common share.

Summary of Retrospective-applic

Summary of Retrospective-application Adjustments Made to as-reported Consolidated Balance Sheet (Detail) - USD ($) $ in Thousands	Feb. 29, 2016	Feb. 28, 2015
Non-current assets:
Deferred tax assets, net	$ 111,456	$ 98,892
Other assets, net	44,506	22,731
Current liabilities:
Other current obligations	1,467	1,185
Non-current liabilities:
Convertible notes	723,942	702,939
Other long-term obligations	$ 87,912	72,046
Scenario, Previously Reported
Current assets:
Deferred tax assets, net		86,796
Non-current assets:
Other assets, net		53,243
Current liabilities:
Other current obligations		1,844
Non-current liabilities:
Convertible notes		715,402
Other long-term obligations		77,340
Restatement Adjustment | Accounting Standards Update 2015-17
Current assets:
Deferred tax assets, net		(86,796)
Non-current assets:
Deferred tax assets, net		98,892
Other assets, net		(18,049)
Current liabilities:
Other current obligations		(659)
Non-current liabilities:
Other long-term obligations		(5,294)
Restatement Adjustment | Accounting Standards Update 2015-03
Non-current assets:
Other assets, net		(12,463)
Non-current liabilities:
Convertible notes		$ (12,463)

Summary of Significant Accoun54

Summary of Significant Accounting Policies - Additional Information (Detail)	12 Months Ended
	Feb. 29, 2016USD ($)Location	Feb. 28, 2015USD ($)	Feb. 28, 2014USD ($)	Oct. 07, 2014
Significant Accounting Policies [Line Items]
Subscription period, minimum (years)	1 year
Subscription period, maximum (years)	3 years
Renewal period, minimum (years)	1 year
Renewal period, maximum (years)	3 years
Goodwill impairments	$ 0
Cash and cash equivalents maturity period (in months)	3 months
Estimated useful life of internal use computer software	5 years
Total advertising expense	$ 88,900,000	$ 62,600,000	$ 53,400,000
Number of locations of offices | Location	85
Tax benefits related to share-based awards	$ 19,772,000	6,436,000	10,073,000
Excess tax benefits from share-based payment arrangements	$ 20,231,000	$ 5,607,000	$ 12,837,000
0.25% Convertible Senior Notes due 2019
Significant Accounting Policies [Line Items]
Debt instrument, interest rate	0.25%	0.25%		0.25%
North America
Significant Accounting Policies [Line Items]
Customer credit term	30 days
EMEA
Significant Accounting Policies [Line Items]
Standard credit term, minimum	30 days
Standard credit term, maximum	45 days
Asia Pacific
Significant Accounting Policies [Line Items]
Standard credit term, minimum	30 days
Standard credit term, maximum	60 days
Furniture and Fixtures
Significant Accounting Policies [Line Items]
Property Plant And Equipment Useful Life	7 years
Computer Equipment | Minimum
Significant Accounting Policies [Line Items]
Property Plant And Equipment Useful Life	3 years
Computer Equipment | Maximum
Significant Accounting Policies [Line Items]
Property Plant And Equipment Useful Life	4 years
Computer Software
Significant Accounting Policies [Line Items]
Property Plant And Equipment Useful Life	5 years
Leasehold Improvements
Significant Accounting Policies [Line Items]
Property Plant And Equipment Estimated Useful Lives	Over the lesser of the estimated remaining useful life of the asset or the remaining term of the lease
Leasehold Improvements | Maximum
Significant Accounting Policies [Line Items]
Property Plant And Equipment Useful Life	15 years
Cloud-usage Service | Subscriptions
Significant Accounting Policies [Line Items]
Additional favorable adjustment	$ 5,300,000
Cloud-usage Service | Income before provision for income taxes
Significant Accounting Policies [Line Items]
Additional favorable adjustment	$ 5,300,000

Business Combinations - Additio

Business Combinations - Additional Information (Detail) - USD ($) $ in Thousands		Oct. 16, 2015	Oct. 08, 2014	Jun. 24, 2014	Apr. 30, 2014	Feb. 29, 2016	Feb. 28, 2015	Nov. 30, 2015	Feb. 28, 2014	Feb. 28, 2013
Business Acquisition [Line Items]
Goodwill acquired						$ 1,027,277	$ 927,060		$ 687,430	$ 690,911
Identifiable intangible assets acquired						25,100
Restricted Stock
Business Acquisition [Line Items]
Shares and Share units, Shares and Shares Underlying Awards	[1]						529,057
FeedHenry
Business Acquisition [Line Items]
Cash consideration paid			$ 80,200
Goodwill acquired			68,500
Identifiable intangible assets acquired			9,000
Working capital			2,700
Business acquisition, transaction costs			$ 1,100
eNovance, SAS
Business Acquisition [Line Items]
Cash consideration paid				$ 67,600
Goodwill acquired				60,800
Identifiable intangible assets acquired				5,300
Working capital				1,500
Business acquisition, transaction costs				$ 900
eNovance, SAS | Restricted Stock
Business Acquisition [Line Items]
Shares and Share units, Shares and Shares Underlying Awards							529,057
eNovance, SAS | Restricted Stock | Employment Condition
Business Acquisition [Line Items]
Share-based awards, annual vesting percentage							25.00%
Inktank Storage, Inc.
Business Acquisition [Line Items]
Cash consideration paid					$ 152,500
Goodwill acquired					131,400
Identifiable intangible assets acquired					10,800
Working capital					10,300
Business acquisition, transaction costs					$ 2,000
Ansible, Inc
Business Acquisition [Line Items]
Business combination, consideration transferred		$ 126,000
Cash consideration paid		125,200
Goodwill acquired		102,300
Identifiable intangible assets acquired		25,100
Working capital		1,400
Identifiable intangible assets acquired						25,100		$ 42,400
Decrease in identifiable intangible assets						(17,300)
Increase in goodwill						10,800
Decrease in deferred income taxes						$ (6,500)
Business acquisition, transaction costs		$ 3,900
[1]	As part of the Company's acquisition of eNovance, a total of 529,057 restricted common shares were issued to certain shareholders of eNovance. These restricted shares are conditioned on continued employment with the Company. The shares effectively vest 25% per year and are being amortized on a straight-line basis to share-based compensation expense in the Company's Consolidated Statement of Operations.

Post Acquisition Financial Info

Post Acquisition Financial Information (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Feb. 29, 2016	Nov. 30, 2015	Aug. 31, 2015	May. 31, 2015	Feb. 28, 2015	Nov. 30, 2014	Aug. 31, 2014	May. 31, 2014	Feb. 29, 2016	Feb. 28, 2015	Feb. 28, 2014
Business Acquisition [Line Items]
Revenue	$ 543,501	$ 523,580	$ 504,148	$ 481,001	$ 463,941	$ 455,895	$ 445,899	$ 423,754	$ 2,052,230	$ 1,789,489	$ 1,534,615
Operating expenses									(1,454,553)	(1,266,296)	(1,069,726)
Income from operations	71,771	68,877	76,470	70,930	67,607	67,197	64,227	50,963	288,048	249,994	232,289
Tax benefit									(75,500)	(75,297)	(61,256)
Net income	$ 53,036	$ 46,848	$ 51,395	$ 48,086	$ 47,700	$ 47,933	$ 46,823	$ 37,745	199,365	$ 180,201	$ 178,292
Ansible, Inc
Business Acquisition [Line Items]
Revenue									695
Operating expenses									(7,707)
Income from operations									(7,012)
Tax benefit									1,927
Net income									$ (5,085)

Pro Forma Consolidated Financia

Pro Forma Consolidated Financial Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Feb. 29, 2016	Feb. 28, 2015	Feb. 28, 2014
Business Acquisition, Pro Forma Information [Line Items]
Revenue	$ 2,055,057	$ 1,796,441	$ 1,551,301
Net income	$ 193,099	$ 162,385	$ 150,870
Basic net income per common share	$ 1.06	$ 0.87	$ 0.79
Diluted net income per common share	$ 1.04	$ 0.86	$ 0.79

Summary of Changes in Goodwill

Summary of Changes in Goodwill (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 29, 2016	Feb. 28, 2015	Feb. 28, 2014
Goodwill [Line Items]
Goodwill, beginning balance	$ 927,060	$ 687,430	$ 690,911
Impact of foreign currency fluctuations and other adjustments	(2,043)
Impact of foreign currency fluctuations		(21,156)	(317)
Goodwill, ending balance	1,027,277	927,060	687,430
ManageIQ, Inc.
Goodwill [Line Items]
Final purchase price allocation adjustment			$ (3,164)
Inktank Storage, Inc.
Goodwill [Line Items]
Acquisition		131,446
eNovance, SAS
Goodwill [Line Items]
Acquisition		60,849
FeedHenry
Goodwill [Line Items]
Acquisition		$ 68,491
Ansible, Inc
Goodwill [Line Items]
Acquisition	$ 102,260

Activities In Allowance For Dou

Activities In Allowance For Doubtful Accounts (Detail) - USD ($) $ in Thousands		12 Months Ended
		Feb. 29, 2016	Feb. 28, 2015	Feb. 28, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Balance at beginning of period		$ 2,247	$ 1,986	$ 1,339
Charged to expense		1,323	469	841
Adjustments	[1]	(772)	(208)	(194)
Balance at end of period		$ 2,798	$ 2,247	$ 1,986
[1]	Represents foreign currency translation adjustments and amounts written-off as uncollectible accounts receivable.

Account Receivables - Additiona

Account Receivables - Additional Information (Detail) - Customer	Feb. 29, 2016	Feb. 28, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of individual customers accounting for 10.0% of accounts receivable	0	0

Schedule of Prepaid Expense, In

Schedule of Prepaid Expense, Including Sales Commission (Detail) - USD ($) $ in Thousands	Feb. 29, 2016	Feb. 28, 2015
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Line Items]
Deferred commissions	$ 102,254	$ 107,313
Professional services	21,160	14,934
Taxes	15,819	17,543
Insurance	2,160	1,859
Other	9,484	9,066
Prepaid expenses	$ 150,877	$ 150,715

Schedule Of Property And Equipm

Schedule Of Property And Equipment At Cost (Detail) - USD ($) $ in Thousands	Feb. 29, 2016	Feb. 28, 2015	Feb. 28, 2014
Property, Plant and Equipment [Line Items]
Computer equipment	$ 135,342	$ 141,972
Software, including software developed for internal use	85,517	80,565
Furniture and fixtures	28,800	28,595
Leasehold improvements	104,045	100,882
Property and equipment-in progress	8,001	10,251
Property and equipment	361,705	362,265
Less: accumulated depreciation	(194,819)	(190,114)
Property and equipment, net	$ 166,886	$ 172,151	$ 173,917

Property And Equipment - Additi

Property And Equipment - Additional Information (Detail)	12 Months Ended
	Feb. 29, 2016
Furniture and Fixtures
Property, Plant and Equipment [Line Items]
Useful lives of property and equipment	7 years
Computer Equipment | Minimum
Property, Plant and Equipment [Line Items]
Useful lives of property and equipment	3 years
Computer Equipment | Maximum
Property, Plant and Equipment [Line Items]
Useful lives of property and equipment	4 years
Computer Software
Property, Plant and Equipment [Line Items]
Useful lives of property and equipment	5 years
Leasehold Improvements | Maximum
Property, Plant and Equipment [Line Items]
Useful lives of property and equipment	15 years

Depreciation Expense Recognized

Depreciation Expense Recognized in Consolidated Financial Statements (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 29, 2016	Feb. 28, 2015	Feb. 28, 2014
Property, Plant and Equipment [Line Items]
Total depreciation expense	$ 48,909	$ 48,001	$ 45,169

Identifiable Intangible Asset65

Identifiable Intangible Assets - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Feb. 29, 2016	Feb. 28, 2015
Acquired Finite-Lived Intangible Assets [Line Items]
Useful life (in years)	5 years
Carrying amount for intangible assets	$ 11.1	$ 11.3
Trademarks, Copyrights and Patents | Minimum
Acquired Finite-Lived Intangible Assets [Line Items]
Useful life (in years)	2 years
Trademarks, Copyrights and Patents | Maximum
Acquired Finite-Lived Intangible Assets [Line Items]
Useful life (in years)	10 years
Purchased Technologies | Minimum
Acquired Finite-Lived Intangible Assets [Line Items]
Useful life (in years)	2 years
Purchased Technologies | Maximum
Acquired Finite-Lived Intangible Assets [Line Items]
Useful life (in years)	10 years
Customer and Reseller Relationships | Minimum
Acquired Finite-Lived Intangible Assets [Line Items]
Useful life (in years)	2 years
Customer and Reseller Relationships | Maximum
Acquired Finite-Lived Intangible Assets [Line Items]
Useful life (in years)	10 years
Covenants Not To Compete | Minimum
Acquired Finite-Lived Intangible Assets [Line Items]
Useful life (in years)	2 years
Covenants Not To Compete | Maximum
Acquired Finite-Lived Intangible Assets [Line Items]
Useful life (in years)	10 years

Summary of Identifiable Intangi

Summary of Identifiable Intangible Assets (Detail) - USD ($) $ in Thousands	Feb. 29, 2016	Feb. 28, 2015
Finite-Lived Intangible Assets [Line Items]
Gross Amount	$ 360,877	$ 322,102
Accumulated Amortization	(214,806)	(187,826)
Net Amount	146,071	134,276
Trademarks, Copyrights and Patents
Finite-Lived Intangible Assets [Line Items]
Gross Amount	138,106	117,020
Accumulated Amortization	(49,876)	(42,630)
Net Amount	88,230	74,390
Purchased Technologies
Finite-Lived Intangible Assets [Line Items]
Gross Amount	96,105	81,482
Accumulated Amortization	(70,940)	(63,618)
Net Amount	25,165	17,864
Customer and Reseller Relationships
Finite-Lived Intangible Assets [Line Items]
Gross Amount	104,593	104,084
Accumulated Amortization	(80,329)	(71,512)
Net Amount	24,264	32,572
Covenants Not To Compete
Finite-Lived Intangible Assets [Line Items]
Gross Amount	13,240	10,683
Accumulated Amortization	(9,875)	(7,657)
Net Amount	3,365	3,026
Other Intangible Assets
Finite-Lived Intangible Assets [Line Items]
Gross Amount	8,833	8,833
Accumulated Amortization	(3,786)	(2,409)
Net Amount	$ 5,047	$ 6,424

Summary of Change in Identifiab

Summary of Change in Identifiable Intangible Assets (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 29, 2016	Feb. 28, 2015	Feb. 28, 2014
Identifiable Intangible Assets [Line Items]
Balance at February 28, 2015	$ 134,276
Purchase of identifiable intangible assets from Ansible	25,100
Purchase of developed software and other intangible assets	14,381
Amortization expense	(27,179)	$ (28,262)	$ (29,236)
Impact of foreign currency fluctuations and other adjustments	(507)
Balance at February 29, 2016	$ 146,071	$ 134,276

Schedule of Amortization Expens

Schedule of Amortization Expense Associated with Identifiable Intangible Assets (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 29, 2016	Feb. 28, 2015	Feb. 28, 2014
Finite-Lived Intangible Assets [Line Items]
Total amortization expense	$ 27,179	$ 28,262	$ 29,236
Cost of Revenue
Finite-Lived Intangible Assets [Line Items]
Total amortization expense	13,102	12,049	11,212
Sales and Marketing
Finite-Lived Intangible Assets [Line Items]
Total amortization expense	8,075	7,838	8,872
Research and Development
Finite-Lived Intangible Assets [Line Items]
Total amortization expense	842	2,417	3,836
General and Administrative
Finite-Lived Intangible Assets [Line Items]
Total amortization expense	$ 5,160	$ 5,958	$ 5,316

Schedule of Amortization Expe69

Schedule of Amortization Expense (Detail) $ in Thousands	Feb. 29, 2016USD ($)
Finite-Lived Intangible Assets [Line Items]
2,017	$ 30,170
2,018	26,676
2,019	19,880
2,020	15,214
2,021	8,582
Thereafter	34,436
Total amortization expense	$ 134,958

Components of Other Assets ,Net

Components of Other Assets ,Net (Detail) - USD ($) $ in Thousands	Feb. 29, 2016	Feb. 28, 2015
Other Assets [Line Items]
Cost-basis investments	$ 16,079	$ 15,581
Non-current prepaid expenses	21,275
Security deposits and other	7,152	7,150
Other assets, net	$ 44,506	$ 22,731

Other Assets, Net - Additional

Other Assets, Net - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Feb. 29, 2016	Feb. 28, 2015
Other Assets [Line Items]
Loss on investments recognized	$ 2.8	$ 4.6

Summary of Accounts Payable and

Summary of Accounts Payable and Accrued Expenses (Detail) - USD ($) $ in Thousands	Feb. 29, 2016	Feb. 28, 2015
Accounts Payable and Accrued Liabilities [Line Items]
Accounts payable	$ 63,268	$ 31,017
Accrued wages and other compensation related expenses	137,738	126,378
Accrued other trade payables	45,785	40,400
Accrued income and other taxes payable	37,069	39,596
Accrued other	942	342
Accounts payable and accrued expenses	$ 284,802	$ 237,733

Summary of Effects of Derivativ

Summary of Effects of Derivative Instruments (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 29, 2016	Feb. 28, 2015
Derivative [Line Items]
Total, Fair Value	$ 114	$ (664)
Amount of Gain (Loss) Recognized in Income on Derivative	31	(1,962)
Forward contracts
Derivative [Line Items]
Notional value of foreign currency foreign currency forward contracts not designated as hedges	72,604	108,117
Other Current Assets
Derivative [Line Items]
Assets-foreign currency forward contracts not designated as hedges	566	74
Notional value of foreign currency foreign currency forward contracts not designated as hedges, assets	31,390	5,281
Accounts Payable and Accrued Expenses
Derivative [Line Items]
Liabilities-foreign currency forward contracts not designated as hedges	(452)	(738)
Notional value of foreign currency foreign currency forward contracts not designated as hedges, liabilities	41,214	102,836
Other Income (Expense), Net | Derivative Liabilities
Derivative [Line Items]
Amount of Gain (Loss) Recognized in Income on Derivative	(1,195)	(2,626)
Other Income (Expense), Net | Derivative Assets
Derivative [Line Items]
Amount of Gain (Loss) Recognized in Income on Derivative	$ 1,226	$ 664

Schedule of U.S and Foreign Com

Schedule of U.S and Foreign Components of Income Before Provision for Income Taxes (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 29, 2016	Feb. 28, 2015	Feb. 28, 2014
Schedule of Income Before Income Tax [Line Items]
U.S.	$ 155,550	$ 167,388	$ 135,371
Foreign	119,315	88,110	104,177
Income before provision for income taxes	$ 274,865	$ 255,498	$ 239,548

Schedule of Components of Provi

Schedule of Components of Provision for Income Taxes (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 29, 2016	Feb. 28, 2015	Feb. 28, 2014
Components Of Income Tax Expense Benefit [Line Items]
Current, Foreign	$ 39,168	$ 26,325	$ 23,391
Current, Federal	44,872	15,252	19,734
Current, State	5,133	4,090	7,147
Current tax expense	89,173	45,667	50,272
Deferred, Foreign	(5,170)	(8,188)	(1,100)
Deferred, Federal	(6,142)	36,197	14,468
Deferred, State	(2,361)	1,621	(2,384)
Deferred tax expense	(13,673)	29,630	10,984
Net provision for income taxes	$ 75,500	$ 75,297	$ 61,256

Schedule of Deferred Tax Assets

Schedule of Deferred Tax Assets and Liabilities (Detail) - USD ($) $ in Thousands	Feb. 29, 2016	Feb. 28, 2015
Components Of Deferred Income Tax Assets And Liabilities [Line Items]
Foreign net operating loss carryforwards	$ 6,679	$ 6,704
Domestic net operating loss carryforwards	13,202	17,956
Domestic credit carryforwards	7,849	8,990
Share-based compensation	44,276	36,996
Deferred revenue	83,901	68,850
Foreign deferred royalty expenses	9,896	9,958
Convertible notes	15,182	18,683
Other	12,313	12,407
Total deferred tax assets	193,298	180,544
Valuation allowance for deferred tax assets	(3,291)	(2,641)
Total deferred tax assets, net of valuation allowance	190,007	177,903
Goodwill	9,450	7,835
Fixed and intangible assets	44,085	37,321
Compensation accruals	21,415	23,518
Other	3,770	11,152
Total deferred tax liabilities	78,720	79,826
Net deferred tax asset	$ 111,287	$ 98,077

Gross and Net Deferred Tax Asse

Gross and Net Deferred Tax Asset and Liability Positions (Detail) - USD ($) $ in Thousands	Feb. 29, 2016	Feb. 28, 2015
Components Of Deferred Tax Assets And Liabilities [Line Items]
Deferred tax assets	$ 190,007	$ 177,903
Deferred tax liabilities	78,720	79,826
Net deferred tax asset	111,287	$ 98,077
Domestic
Components Of Deferred Tax Assets And Liabilities [Line Items]
Deferred tax assets	158,623
Deferred tax liabilities	73,254
Net deferred tax asset	85,369
Foreign Tax
Components Of Deferred Tax Assets And Liabilities [Line Items]
Deferred tax assets	31,384
Deferred tax liabilities	5,466
Net deferred tax asset	$ 25,918

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Feb. 29, 2016	Feb. 28, 2015
Income Taxes [Line Items]
Increase in valuation allowance as a result of state NOL and credit carryforwards	$ 0.7
Operating loss carryforwards beginning expiration date	Feb. 28, 2017
Research tax credit carryforwards beginning expiration date	Feb. 28, 2017
Cumulative undistributed earnings of non-U.S. subsidiaries	$ 537.7
Unrecognized tax benefits that would affect the tax rate	59.1	$ 55.7
Accrued Interest and Penalties Related to Unrecognized Tax Benefit	10.7	$ 9.2
Domestic
Income Taxes [Line Items]
Net operating loss carryforward	33
Research tax credit carryforwards	1
U.S. State
Income Taxes [Line Items]
Net operating loss carryforward	58.1
Research tax credit carryforwards	14.8
U.S. State | Stock Based Compensation
Income Taxes [Line Items]
Net operating loss carryforward	23.1
Foreign Tax
Income Taxes [Line Items]
Net operating loss carryforward	$ 28.1

Reconciliation of Statutory Fed

Reconciliation of Statutory Federal Income Tax Rates to Provision for Income Taxes (Detail) - USD ($) $ in Thousands		12 Months Ended
		Feb. 29, 2016	Feb. 28, 2015	Feb. 28, 2014
Schedule of Effective Tax Rate Reconciliation [Line Items]
Effective rate		27.50%	29.50%	25.60%
Provision at federal statutory rate, 35%		$ 96,203	$ 89,424	$ 83,842
State tax, net of federal tax benefit		601	4,042	3,169
Foreign rate differential		(6,771)	(11,124)	(10,817)
Israel tax holiday	[1]	(1,461)	(2,859)	(1,901)
Foreign dividend			8,720	623
Nondeductible items		3,426	3,339	2,157
Research tax credit		(5,105)	(5,329)	(3,070)
Foreign tax credit		(10,267)	(11,755)	(11,878)
Domestic production activities deduction		(5,033)	(4,433)	(4,973)
Other		3,907	5,272	4,104
Net provision for income taxes		$ 75,500	$ 75,297	$ 61,256
[1]	The Company qualifies for a tax holiday in Israel which began during the fiscal year ended February 28, 2011 and is scheduled to terminate as of the fiscal year ending February 29, 2020. The tax holiday provides for an exemption from income tax in the first two years, and for a reduced rate of taxation on income generated in Israel for the subsequent eight years. The financial impact of this holiday for the year ended February 29, 2016 was a $1.5 million reduction in the Company's provision for income taxes, which increased the Company's diluted earnings per share by approximately $0.01.

Reconciliation of Statutory F80

Reconciliation of Statutory Federal Income Tax Rates to Provision for Income Taxes (Parenthetical) (Detail) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Feb. 29, 2016	Feb. 28, 2015	Feb. 28, 2014
Schedule of Effective Tax Rate Reconciliation [Line Items]
Federal statutory rate	35.00%	35.00%	35.00%
ISRAEL
Schedule of Effective Tax Rate Reconciliation [Line Items]
Tax holiday scheduled to terminate	February 29, 2020
Tax holiday exemption period	2 years
Reduced rate of income tax period	8 years
Reduction in the provision for income taxes	$ 1.5
Increase in diluted earnings per share	$ 0.01

Schedule of Unrecognized Tax Be

Schedule of Unrecognized Tax Benefits (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 29, 2016	Feb. 28, 2015	Feb. 28, 2014
Reconciliation of Unrecognized Tax Benefits [Line Items]
Beginning Balance	$ 60,343	$ 57,054	$ 48,313
Additions based on tax positions related to prior years	13,486	514	100
Additions based on tax positions related to the current year	3,494	3,374	9,005
Additions related to changes in facts and circumstances	256
Reductions related to changes in facts and circumstances	(1,112)	(229)	(364)
Reductions related to lapse of the statute of limitations	(1,581)	(370)
Ending Balance	$ 74,886	$ 60,343	$ 57,054

Summary of Tax Years Subject to

Summary of Tax Years Subject to Examination (Detail) - Earliest Tax Year	12 Months Ended
	Feb. 29, 2016
Domestic
Income Tax Examination [Line Items]
Years Subject to Income Tax Examination	1,998
California
Income Tax Examination [Line Items]
Years Subject to Income Tax Examination	2,001
North Carolina
Income Tax Examination [Line Items]
Years Subject to Income Tax Examination	2,001
Massachusetts
Income Tax Examination [Line Items]
Years Subject to Income Tax Examination	2,008
Ireland
Income Tax Examination [Line Items]
Years Subject to Income Tax Examination	2,011
Japan
Income Tax Examination [Line Items]
Years Subject to Income Tax Examination	2,012	[1]
[1]	The Company has been examined for income tax for years through February 28, 2011. However, the statute of limitations remains through May 31, 2016.

Common and Preferred Stock - Ad

Common and Preferred Stock - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	Mar. 04, 2015	Oct. 07, 2014	Feb. 29, 2016	Feb. 28, 2015	Feb. 28, 2014
Schedule of Common Stock as Converted [Line Items]
Common stock, shares authorized			300,000,000	300,000,000
Common stock, per share par value			$ 0.0001	$ 0.0001
Description of common stock voting rights			Holders of these shares have one vote per share
Common stock, purchased during the period	720,101	5,312,555	3,476,229	8,355,757	5,006,579
Aggregate cost of common stock repurchased			$ 262,643	$ 535,062	$ 239,363
Preferred stock, shares authorized			5,000,000	5,000,000
Preferred stock, per share par value			$ 0.0001	$ 0.0001
Preferred stock, shares outstanding			0	0

Share Based Awards - Additional

Share Based Awards - Additional Information (Detail) - USD ($)	12 Months Ended
	Feb. 29, 2016	Feb. 28, 2015	Feb. 28, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares reserved for issuance	12,400,000
Share-based compensation expense capitalized	$ 0	$ 0	$ 0
Annual forfeitures rate	10.00%
Number of stock options outstanding	374,775
Weighted average remaining contractual life	5 years 2 months 12 days
Weighted average exercise price	$ 29.98
Number of stock options exercisable	157,896
Weighted average share price	$ 35.31
Percentage of maximum earnable performance share units	200.00%
Nonvested Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage vested every three months following year one	6.25%
Percentage vested first anniversary	25.00%
Share Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage vested during following four years	25.00%
Percentage vested first anniversary	25.00%
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation cost related to unvested options	$ 8,600,000
Weighted average period over which awards are expected to be recognized (in years)	2 years 1 month 6 days
Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation cost related to unvested options	$ 34,700,000
Weighted average period over which awards are expected to be recognized (in years)	1 year 1 month 6 days
Common stock performance period (in years)	3 years
Number of shares subject to PSU awards expected to vest	1,400,000
Performance Share Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares and Share units, Shares and Shares Underlying Awards	628,596	1,148,084	671,448
Percentage vested upon achievement of TSA Hurdle	50.00%
Percentage vested during following four years	50.00%
Performance Share Units | Executives
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares and Share units, Shares and Shares Underlying Awards	242,352
Minimum | Performance Share Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Minimum percentage increase in common stock price and dividend payable for PSU pay out	50.00%
Service Based Share Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation cost related to unvested options	$ 287,100,000
Weighted average period over which awards are expected to be recognized (in years)	2 years 8 months 12 days
Share Price Performance Period
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of maximum earnable performance share units	200.00%
First Performance Segment
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of maximum earnable performance share units	50.00%
Second Performance Segment
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of maximum earnable performance share units	100.00%

Summary of Share-Based Awards G

Summary of Share-Based Awards Granted During Period (Detail) - $ / shares		12 Months Ended
		Feb. 29, 2016	Feb. 28, 2015	Feb. 28, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options assumed, Shares and Shares Underlying Awards		119,515	219,169
Total share-based awards, Shares and Shares Underlying Awards		2,856,750	4,890,863	3,318,576
Stock options assumed, Weighted Average Per Share Award Fair Value		$ 58.22	$ 48.45
Total share-based awards, Weighted Average Per Share Award Fair Value		$ 76	$ 52.93	$ 46.11
Service Based Share Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares and Share units, Shares and Shares Underlying Awards	[1]	2,108,639	2,994,553	2,513,328
Shares and share units, Weighted Average Per Share Award Fair Value	[1]	$ 76.45	$ 53.23	$ 47.43
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options, Shares and Shares Underlying Awards				133,800
Stock options, Weighted Average Per Share Award Fair Value				$ 12.64
Performance Share Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares and Share units, Shares and Shares Underlying Awards		628,596	1,148,084	671,448
Shares and share units, Weighted Average Per Share Award Fair Value		$ 77.87	$ 52.17	$ 47.86
Performance Share Units | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares and Share units, Shares and Shares Underlying Awards		628,596	1,148,084	671,448
Shares and share units, Weighted Average Per Share Award Fair Value		$ 77.87	$ 52.17	$ 47.86
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares and Share units, Shares and Shares Underlying Awards	[2]		529,057
Shares and share units, Weighted Average Per Share Award Fair Value			$ 54.75
Restricted Stock | eNovance, SAS
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares and Share units, Shares and Shares Underlying Awards			529,057
Shares and share units, Weighted Average Per Share Award Fair Value			$ 54.75
[1]	Service-based shares granted during the year ended February 29, 2016 include 154,705 restricted shares awarded to certain executives that were subject to both a four-year service condition and the achievement of a specified dollar amount of revenue for fiscal year 2016 (the "RSA performance goal"). The RSA performance goal for fiscal year 2016 was met. Therefore, as of April 19, 2016 only the service condition remained, with 25% vesting one year from the date of grant and the remainder vesting ratably on a quarterly basis over the course of the subsequent three-year period.
[2]	As part of the Company's acquisition of eNovance, a total of 529,057 restricted common shares were issued to certain shareholders of eNovance. These restricted shares are conditioned on continued employment with the Company. The shares effectively vest 25% per year and are being amortized on a straight-line basis to share-based compensation expense in the Company's Consolidated Statement of Operations.

Summary of Share-Based Awards86

Summary of Share-Based Awards Granted During Period (Parenthetical) (Detail) - Service Based Share Units - shares		Apr. 19, 2016	Feb. 29, 2016	Feb. 28, 2015	Feb. 28, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares and Share units, Shares and Shares Underlying Awards	[1]		2,108,639	2,994,553	2,513,328
Subsequent Event
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage vested during following three years		25.00%
Executives
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares and Share units, Shares and Shares Underlying Awards			154,705
[1]	Service-based shares granted during the year ended February 29, 2016 include 154,705 restricted shares awarded to certain executives that were subject to both a four-year service condition and the achievement of a specified dollar amount of revenue for fiscal year 2016 (the "RSA performance goal"). The RSA performance goal for fiscal year 2016 was met. Therefore, as of April 19, 2016 only the service condition remained, with 25% vesting one year from the date of grant and the remainder vesting ratably on a quarterly basis over the course of the subsequent three-year period.

Share-Based Compensation Expens

Share-Based Compensation Expense (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 29, 2016	Feb. 28, 2015	Feb. 28, 2014
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total share-based compensation expense	$ 166,234	$ 135,232	$ 113,774
Cost of Revenue
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total share-based compensation expense	15,898	14,027	11,793
Sales and Marketing
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total share-based compensation expense	69,089	55,203	40,322
Research and Development
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total share-based compensation expense	48,466	38,517	34,194
General and Administrative
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total share-based compensation expense	$ 32,781	$ 27,485	$ 27,465

Total Fair Value of Stock Optio

Total Fair Value of Stock Options Recognized (Detail) - USD ($) $ in Thousands	Feb. 29, 2016	Feb. 28, 2015	Feb. 28, 2014
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total fair value of stock options recognized	$ 4,918	$ 5,085	$ 2,139

Intrinsic Value of Stock Option

Intrinsic Value of Stock Options Exercised (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 29, 2016	Feb. 28, 2015	Feb. 28, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total intrinsic value of stock options exercised	$ 9,103	$ 6,289	$ 6,775

Total Fair Value Service Perfor

Total Fair Value Service Performance Based Awards Recognized (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 29, 2016	Feb. 28, 2015	Feb. 28, 2014
Service Based Share Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total fair value of service-based awards recognized	$ 124,904	$ 107,887	$ 92,450

Activity for Service-Based Shar

Activity for Service-Based Share Units (Detail) - $ / shares		12 Months Ended
		Feb. 29, 2016	Feb. 28, 2015	Feb. 28, 2014
Service Based Share Units
Nonvested Shares and Share Units
Beginning Balance		6,378,719	5,373,308	5,193,433
Granted	[1]	2,108,639	2,994,553	2,513,328
Vested		(2,047,169)	(1,948,247)	(1,915,326)
Forfeited		(265,315)	(569,952)	(418,127)
Ending Balance		6,174,874	6,378,719	5,373,308
Weighted Average Grant-date Fair Value
Weighted Average Grant-date Fair Value, beginning balance		$ 51.49	$ 48.34	$ 46.59
Granted, Weighted Average Grant-date Fair Value	[1]	76.45	53.23	47.43
Vested, Weighted Average Grant-date Fair Value		50.78	47.24	42.35
Forfeited, Weighted Average Grant-date Fair Value		56.21	48.50	48.53
Weighted Average Grant-date Fair Value, ending balance		$ 60.05	$ 51.49	$ 48.34
Restricted Stock
Nonvested Shares and Share Units
Granted	[2]		529,057
Weighted Average Grant-date Fair Value
Granted, Weighted Average Grant-date Fair Value			$ 54.75
[1]	Service-based shares granted during the year ended February 29, 2016 include 154,705 restricted shares awarded to certain executives that were subject to both a four-year service condition and the achievement of a specified dollar amount of revenue for fiscal year 2016 (the "RSA performance goal"). The RSA performance goal for fiscal year 2016 was met. Therefore, as of April 19, 2016 only the service condition remained, with 25% vesting one year from the date of grant and the remainder vesting ratably on a quarterly basis over the course of the subsequent three-year period.
[2]	As part of the Company's acquisition of eNovance, a total of 529,057 restricted common shares were issued to certain shareholders of eNovance. These restricted shares are conditioned on continued employment with the Company. The shares effectively vest 25% per year and are being amortized on a straight-line basis to share-based compensation expense in the Company's Consolidated Statement of Operations.

Activity for Service-Based Sh92

Activity for Service-Based Share Units (Parenthetical) (Detail) - Restricted Stock	12 Months Ended
	Feb. 28, 2015shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares and Share units, Shares and Shares Underlying Awards	529,057	[1]
eNovance, SAS
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares and Share units, Shares and Shares Underlying Awards	529,057
Employment Condition | eNovance, SAS
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based awards, annual vesting percentage	25.00%
[1]	As part of the Company's acquisition of eNovance, a total of 529,057 restricted common shares were issued to certain shareholders of eNovance. These restricted shares are conditioned on continued employment with the Company. The shares effectively vest 25% per year and are being amortized on a straight-line basis to share-based compensation expense in the Company's Consolidated Statement of Operations.

Intrinsic Value Of Service - Ba

Intrinsic Value Of Service - Based Awards (Detail) - Service Based Share Units - USD ($) $ in Thousands	12 Months Ended
	Feb. 29, 2016	Feb. 28, 2015	Feb. 28, 2014	Feb. 28, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Shares and Share Units, Outstanding	6,174,874	6,378,719	5,373,308	5,193,433
Number of Shares and Share Units, Expected to vest	5,339,337
Weighted Average Remaining Vesting Period, Outstanding (in years)	2 years 8 months 12 days
Weighted Average Remaining Vesting Period, Expected to vest (in years)	2 years 8 months 12 days
Intrinsic Value, Outstanding		$ 403,528
Intrinsic Value, Expected to vest		$ 348,926

Intrinsic Value Of Service - 94

Intrinsic Value Of Service - Based Awards (Parenthetical) (Detail)	12 Months Ended
	Feb. 29, 2016	Feb. 28, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Annual forfeitures rate	10.00%
Service Based Share Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Annual forfeitures rate		10.00%

Total Intrinsic value of Servic

Total Intrinsic value of Service-Based Awards (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 29, 2016	Feb. 28, 2015	Feb. 28, 2014
Service Based Share Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total intrinsic value of service-based awards vesting	$ 157,864	$ 108,066	$ 88,969

Activity For Performance-Based

Activity For Performance-Based Share Units (Detail) - Performance Share Units - $ / shares	12 Months Ended
	Feb. 29, 2016	Feb. 28, 2015	Feb. 28, 2014
Shares Underlying Performance Share Units
Beginning Balance	2,149,335	1,675,225	1,504,670
Granted	628,596	1,148,084	671,448
Vested	(497,656)	(374,921)	(399,334)
Forfeited	(230,764)	(299,053)	(101,559)
Ending Balance	2,049,511	2,149,335	1,675,225
Weighted Average Grant-date Fair Value
Weighted Average Grant-date Fair Value, beginning balance	$ 51.01	$ 47.34	$ 43.22
Granted, Weighted Average Grant-date Fair Value	77.87	52.17	47.86
Vested, Weighted Average Grant-date Fair Value	52.41	45.42	33.47
Forfeited, Weighted Average Grant-date Fair Value	52.29	41.90	44.34
Weighted Average Grant-date Fair Value, ending balance	$ 58.76	$ 51.01	$ 47.34

Total Fair Value Of Service_Per

Total Fair Value Of Service/Performance-Based Awards Recognized (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 29, 2016	Feb. 28, 2015	Feb. 28, 2014
Performance Share Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total fair value of performance-based awards recognized	$ 36,412	$ 22,260	$ 19,185

Total Fair Value Of Performance

Total Fair Value Of Performance-Based Awards Vesting (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 29, 2016	Feb. 28, 2015	Feb. 28, 2014
Performance Share Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total intrinsic value of performance-based awards vesting	$ 36,555	$ 18,733	$ 19,639

Schedule Of Future Minimum Leas

Schedule Of Future Minimum Lease Payments Required Under Operating Leases (Detail) $ in Thousands	Feb. 29, 2016USD ($)
Commitments and Contingencies [Line Items]
2,017	$ 31,381
2,018	22,572
2,019	19,706
2,020	18,322
2,021	16,209
Thereafter	73,036
Total minimum lease payments	$ 181,226

Rent Expense Under Operating Le

Rent Expense Under Operating Leases (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 29, 2016	Feb. 28, 2015	Feb. 28, 2014
Commitments and Contingencies Disclosure [Line Items]
Total operating lease expense	$ 32,078	$ 30,869	$ 29,472

Schedule of Defined benefit Pla

Schedule of Defined benefit Plans Disclosures (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 29, 2016	Feb. 28, 2015	Feb. 28, 2014
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Total contributions to employee benefit plans	$ 25,731	$ 21,721	$ 17,613

Share Repurchase Programs - Add

Share Repurchase Programs - Additional Information (Detail) - USD ($)	Mar. 04, 2015	Oct. 07, 2014	Feb. 29, 2016	Feb. 28, 2015	Feb. 28, 2014	Mar. 25, 2015	Oct. 01, 2014
Accelerated Share Repurchases [Line Items]
Common stock authorized for stock repurchase program						$ 500,000,000
Repurchase of common stock, shares	720,101	5,312,555	3,476,229	8,355,757	5,006,579
Common stock repurchase			$ 262,643,000	$ 535,062,000	$ 239,363,000
Stock available for repurchase			237,400,000
Repurchase of common stock, value		$ (375,000,000)					$ (375,000,000)
Percentage of shares deliverable to the company		80.00%
Repurchase of common stock, average price per share		$ 56.47
Treasury Stock
Accelerated Share Repurchases [Line Items]
Common stock repurchase		$ 300,000,000	337,643,000	460,062,000	$ 239,363,000
Additional Paid-In Capital
Accelerated Share Repurchases [Line Items]
Common stock repurchase			$ (75,000,000)	$ 75,000,000
ASR Agreement
Accelerated Share Repurchases [Line Items]
Repurchase of common stock, shares			6,032,656
Treasury stock weighted average share price			$ 62.16

Fair Value of Assets and Liabil

Fair Value of Assets and Liabilities Acquired (Detail) - USD ($) $ in Thousands		Feb. 29, 2016		Feb. 28, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities		$ 1,289,582		$ 1,161,190
Total		1,289,696		1,160,526
Foreign Exchange Contract
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign currency derivatives, assets		566	[1]	74	[2]
Foreign currency derivatives, liabilities		(452)	[3]	(738)	[4]
Money Market Funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities		221,970	[5]	369,926	[6]
Interest-bearing Deposits
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	[6]			39
Commercial Paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	[6]			29,994
U.S. Agencies Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities		331,117	[5]	276,287	[6]
Corporate Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities		736,495	[5]	421,200	[6]
Foreign Government Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	[6]			63,744
Fair Value, Inputs, Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total		221,970		369,926
Fair Value, Inputs, Level 1 | Money Market Funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities		221,970	[5]	369,926	[6]
Fair Value, Inputs, Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total		1,067,726		790,600
Fair Value, Inputs, Level 2 | Foreign Exchange Contract
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign currency derivatives, assets		566	[1]	74	[2]
Foreign currency derivatives, liabilities		(452)	[3]	(738)	[4]
Fair Value, Inputs, Level 2 | Interest-bearing Deposits
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	[6]			39
Fair Value, Inputs, Level 2 | Commercial Paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	[6]			29,994
Fair Value, Inputs, Level 2 | U.S. Agencies Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities		331,117	[5]	276,287	[6]
Fair Value, Inputs, Level 2 | Corporate Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities		$ 736,495	[5]	421,200	[6]
Fair Value, Inputs, Level 2 | Foreign Government Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	[6]			$ 63,744
[1]	Included in Other current assets in the Company's Consolidated Balance Sheet at February 29, 2016.
[2]	Included in Other current assets in the Company's Consolidated Balance Sheet at February 28, 2015.
[3]	Included in Accounts payable and accrued expenses in the Company's Consolidated Balance Sheet at February 29, 2016.
[4]	Included in Accounts payable and accrued expenses in the Company's Consolidated Balance Sheet at February 28, 2015.
[5]	Included in Cash and cash equivalents, Investments in debt securities, short-term or Investments in debt securities, long-term in the Company's Consolidated Balance Sheet at February 29, 2016 in addition to $705.8 million of cash.
[6]	Included in Cash and cash equivalents, Investments in debt securities, short-term or Investments in debt securities, long-term in the Company's Consolidated Balance Sheet at February 28, 2015, in addition to $647.6 million of cash.

Fair Value of Assets and Lia104

Fair Value of Assets and Liabilities Acquired (Parenthetical) (Detail) - USD ($) $ in Millions	Feb. 29, 2016	Feb. 28, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash	$ 705.8	$ 647.6

Investments Measured at Fair Va

Investments Measured at Fair Value (Detail) - USD ($) $ in Thousands		Feb. 29, 2016		Feb. 28, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Amortized Cost		$ 1,290,995		$ 1,161,005
Gross Unrealized Gains		1,154		1,291
Gross Unrealized Losses		(2,567)	[1]	(1,106)	[2]
Aggregate Fair Value		1,289,582		1,161,190
Cash and cash equivalents		221,970		399,920
Investments in debt securities, short-term		281,142		215,254
Investments in debt securities, long-term		786,470		546,016
Money Market Funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Amortized Cost		221,970		369,926
Aggregate Fair Value		221,970	[3]	369,926	[4]
Cash and cash equivalents		221,970		369,926
Interest-bearing Deposits
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Amortized Cost				39
Aggregate Fair Value	[4]			39
Investments in debt securities, short-term				39
Commercial Paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Amortized Cost				29,994
Aggregate Fair Value	[4]			29,994
Cash and cash equivalents				29,994
U.S. Agencies Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Amortized Cost		331,302		276,928
Gross Unrealized Gains		160		13
Gross Unrealized Losses		(345)	[1]	(654)	[2]
Aggregate Fair Value		331,117	[3]	276,287	[4]
Investments in debt securities, short-term		50,453		5,002
Investments in debt securities, long-term		280,664		271,285
Corporate Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Amortized Cost		737,723		420,431
Gross Unrealized Gains		994		1,219
Gross Unrealized Losses		(2,222)	[1]	(450)	[2]
Aggregate Fair Value		736,495	[3]	421,200	[4]
Investments in debt securities, short-term		230,689		146,469
Investments in debt securities, long-term		$ 505,806		274,731
Foreign Government Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Amortized Cost				63,687
Gross Unrealized Gains				59
Gross Unrealized Losses	[2]			(2)
Aggregate Fair Value	[4]			63,744
Investments in debt securities, short-term				$ 63,744
[1]	As of February 29, 2016, there were $0.9 million of accumulated unrealized losses related to investments that have been in a continuous unrealized loss position for 12 months or longer.
[2]	As of February 28, 2015, there were $0.3 million of accumulated unrealized losses related to investments that have been in a continuous unrealized loss position for 12 months or longer.
[3]	Included in Cash and cash equivalents, Investments in debt securities, short-term or Investments in debt securities, long-term in the Company's Consolidated Balance Sheet at February 29, 2016 in addition to $705.8 million of cash.
[4]	Included in Cash and cash equivalents, Investments in debt securities, short-term or Investments in debt securities, long-term in the Company's Consolidated Balance Sheet at February 28, 2015, in addition to $647.6 million of cash.

Investments Measured at Fair106

Investments Measured at Fair Value (Parenthetical) (Detail) - USD ($) $ in Millions	Feb. 29, 2016	Feb. 28, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Accumulated unrealized losses related to investments	$ 0.9	$ 0.3

Summary of Stated Maturities of

Summary of Stated Maturities of Investment in Debt Securities (Detail) $ in Thousands	Feb. 29, 2016USD ($)
Schedule Of Marketable Securities [Line Items]
Total	$ 1,067,612
Less than 1 Year	281,142
1-3 Years	612,749
3-5 Years	173,721
More than 5 Years	$ 0

Reconciliation of Numerators an

Reconciliation of Numerators and Denominators of Earnings Per Share Calculation (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended																12 Months Ended
	Feb. 29, 2016		Nov. 30, 2015		Aug. 31, 2015		May. 31, 2015		Feb. 28, 2015		Nov. 30, 2014		Aug. 31, 2014		May. 31, 2014		Feb. 29, 2016	Feb. 28, 2015	Feb. 28, 2014
Earnings Per Share [Line Items]
Net income, basic and diluted	$ 53,036		$ 46,848		$ 51,395		$ 48,086		$ 47,700		$ 47,933		$ 46,823		$ 37,745		$ 199,365	$ 180,201	$ 178,292
Weighted average common shares outstanding	182,099		182,850		183,179		183,130		183,459		185,039		188,162		189,372		182,817	186,529	189,920
Incremental shares attributable to assumed vesting or exercise of outstanding equity award shares																	3,020	2,717	2,116
Dilutive effect of convertible notes																	282
Diluted shares	184,888		186,094		186,750		186,175		186,307		187,674		190,755		191,457		186,119	189,246	192,036
Net income per share - diluted	$ 0.29	[1]	$ 0.25	[1]	$ 0.28	[1]	$ 0.26	[1]	$ 0.26	[1]	$ 0.26	[1]	$ 0.25	[1]	$ 0.20	[1]	$ 1.07	$ 0.95	$ 0.93
[1]	Earnings per common share are computed independently for each of the quarters presented. Therefore, the sum of the quarterly per common share information may not equal the reported annual earnings per common share.

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Detail) - Warrants - $ / shares	Feb. 29, 2016	Feb. 28, 2015
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Number of shares of common stock underlying the warrants	10,965,630	10,965,630
Exercise price per share	$ 101.65	$ 101.65

Shares Considered Anti-Dilutive

Shares Considered Anti-Dilutive for Calculating Diluted EPS (Detail) - shares shares in Thousands	12 Months Ended
	Feb. 29, 2016	Feb. 28, 2015	Feb. 28, 2014
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Number of shares considered anti-dilutive for calculating diluted EPS	21	121	360

Summary of Revenue, Income (Los

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									12 Months Ended
		Feb. 29, 2016	Nov. 30, 2015	Aug. 31, 2015	May. 31, 2015	Feb. 28, 2015		Nov. 30, 2014	Aug. 31, 2014	May. 31, 2014	Feb. 29, 2016	Feb. 28, 2015		Feb. 28, 2014
Segment Reporting Information [Line Items]
Revenue from unaffiliated customers		$ 543,501	$ 523,580	$ 504,148	$ 481,001	$ 463,941		$ 455,895	$ 445,899	$ 423,754	$ 2,052,230	$ 1,789,489		$ 1,534,615
Income (loss) from operations		71,771	$ 68,877	$ 76,470	$ 70,930	67,607		$ 67,197	$ 64,227	$ 50,963	288,048	249,994		232,289
Total cash, cash equivalents and available-for-sale investment securities		1,995,390				1,808,743					1,995,390	1,808,743		1,487,429
Total assets		4,155,099				3,784,569	[1]				4,155,099	3,784,569	[1]	3,079,070	[1]
Corporate
Segment Reporting Information [Line Items]
Income (loss) from operations	[2]										(166,234)	(135,232)		(113,774)
Americas
Segment Reporting Information [Line Items]
Revenue from unaffiliated customers											1,354,345	1,144,237		974,655
Income (loss) from operations											297,462	242,173		199,254
Total cash, cash equivalents and available-for-sale investment securities		1,222,470				1,267,824					1,222,470	1,267,824		808,830
Total assets		2,909,238				2,755,923	[1]				2,909,238	2,755,923	[1]	2,126,843	[1]
EMEA
Segment Reporting Information [Line Items]
Revenue from unaffiliated customers											436,304	410,299		352,935
Income (loss) from operations											93,373	89,364		94,949
Total cash, cash equivalents and available-for-sale investment securities		540,584				405,114					540,584	405,114		517,397
Total assets		871,475				726,101	[1]				871,475	726,101	[1]	703,412	[1]
Asia Pacific
Segment Reporting Information [Line Items]
Revenue from unaffiliated customers											261,581	234,953		207,025
Income (loss) from operations											63,447	53,689		51,860
Total cash, cash equivalents and available-for-sale investment securities		232,336				135,805					232,336	135,805		161,202
Total assets		$ 374,386				$ 302,545	[1]				$ 374,386	$ 302,545	[1]	$ 248,815	[1]
[1]	Includes the effects of retrospective application of ASU 2015-03 and ASU 2015-17.
[2]	Amounts represent share-based compensation expense for each of the three fiscal years ended February 29, 2016, February 28, 2015 and February 28, 2014, which was not allocated to geographic segments.

Summary of Revenue from Unaffil

Summary of Revenue from Unaffiliated Customers (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Feb. 29, 2016	Nov. 30, 2015	Aug. 31, 2015	May. 31, 2015	Feb. 28, 2015	Nov. 30, 2014	Aug. 31, 2014	May. 31, 2014	Feb. 29, 2016	Feb. 28, 2015	Feb. 28, 2014
Segment Reporting Information [Line Items]
Total revenue from unaffiliated customers	$ 543,501	$ 523,580	$ 504,148	$ 481,001	$ 463,941	$ 455,895	$ 445,899	$ 423,754	$ 2,052,230	$ 1,789,489	$ 1,534,615
United States
Segment Reporting Information [Line Items]
Total revenue from unaffiliated customers									1,213,493	1,022,803	848,053
Foreign
Segment Reporting Information [Line Items]
Total revenue from unaffiliated customers									$ 838,737	$ 766,686	$ 686,562

Segment Reporting - Additional

Segment Reporting - Additional Information (Detail) - Customer	12 Months Ended
	Feb. 29, 2016	Feb. 28, 2015	Feb. 28, 2014
Segment Reporting Information [Line Items]
Number of individual customers from which the Company generated 10% or greater revenue		0	0
U.S. Government and Agencies | Subscription Revenues | Customer Concentration Risk
Segment Reporting Information [Line Items]
Percentage of revenue	10.00%
Foreign | Minimum
Segment Reporting Information [Line Items]
Percentage of revenue from individual foreign country	10.00%	10.00%	10.00%

Summary of Tangible Long-Lived

Summary of Tangible Long-Lived Assets (Detail) - USD ($) $ in Thousands	Feb. 29, 2016	Feb. 28, 2015	Feb. 28, 2014
Segment Reporting, Asset Reconciling Item [Line Items]
Total tangible long-lived assets	$ 166,886	$ 172,151	$ 173,917
United States
Segment Reporting, Asset Reconciling Item [Line Items]
Total tangible long-lived assets	126,937	131,792	137,356
Foreign
Segment Reporting, Asset Reconciling Item [Line Items]
Total tangible long-lived assets	$ 39,949	$ 40,359	$ 36,561

Summary of Subscription and Ser

Summary of Subscription and Services Revenue by Technology Classes (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Feb. 29, 2016	Nov. 30, 2015	Aug. 31, 2015	May. 31, 2015	Feb. 28, 2015	Nov. 30, 2014	Aug. 31, 2014	May. 31, 2014	Feb. 29, 2016	Feb. 28, 2015	Feb. 28, 2014
Revenue from External Customer [Line Items]
Subscription revenue	$ 479,642	$ 457,488	$ 441,526	$ 424,793	$ 405,072	$ 394,699	$ 389,495	$ 371,968	$ 1,803,449	$ 1,561,234	$ 1,336,771
Training and services revenue	63,859	66,092	62,622	56,208	58,869	61,196	56,404	51,786	248,781	228,255	197,844
Total revenue	$ 543,501	$ 523,580	$ 504,148	$ 481,001	$ 463,941	$ 455,895	$ 445,899	$ 423,754	2,052,230	1,789,489	1,534,615
Infrastructure Related Subscriptions
Revenue from External Customer [Line Items]
Subscription revenue									1,480,463	1,324,693	1,171,103
Application Development Related and Other Emerging Technology Subscriptions
Revenue from External Customer [Line Items]
Subscription revenue									322,986	236,541	165,668
Consulting Services
Revenue from External Customer [Line Items]
Training and services revenue									190,870	171,436	145,191
Training Services
Revenue from External Customer [Line Items]
Training and services revenue									$ 57,911	$ 56,819	$ 52,653

Other Long-Term Obligation (Det

Other Long-Term Obligation (Detail) - USD ($) $ in Thousands	Feb. 29, 2016	Feb. 28, 2015
Other Long Term Liabilities [Line Items]
Accrued income taxes	$ 73,403	$ 57,083
Deferred rent credits	13,197	12,992
Net non-current deferred tax liability (see NOTE 11-Income Taxes)	169	815
Other	1,143	1,156
Other long-term obligations	$ 87,912	$ 72,046

Convertible Notes - Additional

Convertible Notes - Additional Information (Detail) - USD ($)	Feb. 29, 2016	Oct. 07, 2014	Oct. 01, 2014	Feb. 29, 2016	Feb. 28, 2015
Debt Instrument [Line Items]
Purchase of convertible note hedges		$ 148,000,000			$ 148,040,000
Proceeds from issuance of warrants		79,800,000	$ 79,800,000		79,776,000
Repurchase of common stock, value		(375,000,000)	$ (375,000,000)
Repurchase of note principal amount				100.00%
Transaction cost related to note issuance allocated to equity component					$ 96,890,000
Premium on closing price of common stock			80.00%
Warrants
Debt Instrument [Line Items]
Strike price of warrants			$ 101.65
Number of shares of common stock underlying the warrants			10,965,630
0.25% Convertible Senior Notes due 2019
Debt Instrument [Line Items]
Debt instrument, aggregate principal amount		$ 805,000,000
Debt instrument, interest rate	0.25%	0.25%		0.25%	0.25%
Debt instrument, offering date		Oct. 1, 2014
Frequency of interest payment				Semiannually
Transaction cost related to note issuance	$ 10,029,000	$ 15,200,000
Transaction cost related to note issuance allocated to equity component		1,800,000
0.25% Convertible Senior Notes due 2019 | Liability Component
Debt Instrument [Line Items]
Transaction cost related to note issuance		13,400,000
0.25% Convertible Senior Notes due 2019 | Equity Component
Debt Instrument [Line Items]
Deferred tax liability, equity component		$ 700,000
0.25% Convertible Senior Notes due 2019 | Unsecured Debt
Debt Instrument [Line Items]
Debt instrument, interest rate		0.25%
Debt instrument, maturity date		Oct. 1, 2019
Frequency of interest payment				Semiannually in arrears on April 1 and October 1 of each year, beginning on April 1, 2015
Common stock conversion rate per $1,000 principal amount of notes				13.6219
Principal amount per note	$ 1,000			$ 1,000
Debt instrument, convertible, conversion price, per share	$ 73.41		$ 73.41	$ 73.41
Premium on closing price of common stock			30.00%
Closing price of common stock			$ 56.47

Components of Notes (Detail)

Components of Notes (Detail) - USD ($) $ in Thousands		Feb. 29, 2016	Oct. 07, 2014	Feb. 28, 2015
Debt Instrument [Line Items]
Net carrying amount		$ 723,942		$ 702,939
0.25% Convertible Senior Notes due 2019
Debt Instrument [Line Items]
Principal		805,000
Less: debt issuance costs		(10,029)	$ (15,200)
Less: debt discount		(71,029)
Net carrying amount		723,942
Equity component	[1]	$ 96,890
[1]	Recorded in the Consolidated Balance Sheet in Additional paid-in capital.

Schedule of Total Interest Expe

Schedule of Total Interest Expense Recognized Related to Convertible Notes (Detail) - 0.25% Convertible Senior Notes due 2019 - USD ($) $ in Thousands	12 Months Ended
	Feb. 29, 2016	Feb. 28, 2015
Debt Instrument [Line Items]
Coupon rate 0.25% per year, payable semiannually	$ 2,012	$ 805
Amortization of convertible note issuance costs-liability component	2,433	935
Accretion of debt discount	18,570	7,292
Total interest expense related to convertible notes	$ 23,015	$ 9,032

Schedule of Total Interest E120

Schedule of Total Interest Expense Recognized Related to Convertible Notes (Parenthetical) (Detail) - 0.25% Convertible Senior Notes due 2019	12 Months Ended
	Feb. 29, 2016	Feb. 28, 2015	Oct. 07, 2014
Debt Instrument [Line Items]
Coupon rate per year	0.25%	0.25%	0.25%
Frequency of coupon payment	Semiannually

Fair Value of Notes Based on In

Fair Value of Notes Based on Inputs Observable in Market (Level 2) and Carrying Value of Debt Instruments (Detail) - USD ($) $ in Thousands	Feb. 29, 2016	Feb. 28, 2015
Debt Instrument [Line Items]
Carrying value, convertible notes	$ 723,942	$ 702,939
Fair Value, Inputs, Level 2
Debt Instrument [Line Items]
Fair value, convertible notes	$ 714,950

Summary of Accumulated Other Co

Summary of Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Thousands	Feb. 29, 2016	Feb. 28, 2015
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated loss from foreign currency translation adjustment	$ (73,776)	$ (60,986)
Accumulated unrealized gain (loss), net of tax, on available-for-sale securities	(673)	365
Accumulated other comprehensive loss	$ (74,449)	$ (60,621)

Schedule of Unaudited Quarterly

Schedule of Unaudited Quarterly Results (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended																12 Months Ended
	Feb. 29, 2016		Nov. 30, 2015		Aug. 31, 2015		May. 31, 2015		Feb. 28, 2015		Nov. 30, 2014		Aug. 31, 2014		May. 31, 2014		Feb. 29, 2016	Feb. 28, 2015	Feb. 28, 2014
Quarterly Financial Information [Line Items]
Subscriptions	$ 479,642		$ 457,488		$ 441,526		$ 424,793		$ 405,072		$ 394,699		$ 389,495		$ 371,968		$ 1,803,449	$ 1,561,234	$ 1,336,771
Training and services	63,859		66,092		62,622		56,208		58,869		61,196		56,404		51,786		248,781	228,255	197,844
Total subscription and training and services revenue	543,501		523,580		504,148		481,001		463,941		455,895		445,899		423,754		2,052,230	1,789,489	1,534,615
Gross profit	462,281		442,532		428,184		409,604		393,724		384,530		378,725		359,311		1,742,601	1,516,290	1,302,015
Income from operations	71,771		68,877		76,470		70,930		67,607		67,197		64,227		50,963		288,048	249,994	232,289
Interest income	3,189		2,874		2,895		2,715		2,288		2,196		2,010		1,842		11,673	8,336	6,645
Interest expense	5,856		5,817		5,733		5,715		5,803		3,441		97		53		23,121	9,394	160
Other income (expense), net	(336)		49		(1,245)		(203)		4,785		1,559		(192)		410		(1,735)	6,562	774
Net income, basic and diluted	$ 53,036		$ 46,848		$ 51,395		$ 48,086		$ 47,700		$ 47,933		$ 46,823		$ 37,745		$ 199,365	$ 180,201	$ 178,292
Basic	$ 0.29	[1]	$ 0.26	[1]	$ 0.28	[1]	$ 0.26	[1]	$ 0.26	[1]	$ 0.26	[1]	$ 0.25	[1]	$ 0.20	[1]	$ 1.09	$ 0.97	$ 0.94
Diluted	$ 0.29	[1]	$ 0.25	[1]	$ 0.28	[1]	$ 0.26	[1]	$ 0.26	[1]	$ 0.26	[1]	$ 0.25	[1]	$ 0.20	[1]	$ 1.07	$ 0.95	$ 0.93
Basic	182,099		182,850		183,179		183,130		183,459		185,039		188,162		189,372		182,817	186,529	189,920
Diluted	184,888		186,094		186,750		186,175		186,307		187,674		190,755		191,457		186,119	189,246	192,036
[1]	Earnings per common share are computed independently for each of the quarters presented. Therefore, the sum of the quarterly per common share information may not equal the reported annual earnings per common share.