Red Hat 10-K 26 Apr 17 2017 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($) $ in Billions	12 Months Ended
	Feb. 28, 2017	Apr. 19, 2017	Aug. 31, 2016
Document Information [Line Items]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Feb. 28, 2017
Document Fiscal Year Focus	2,017
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	--02-28
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		177,776,853
Entity Public Float			$ 11.1

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Feb. 28, 2017	Feb. 29, 2016
Current assets:
Cash and cash equivalents	$ 1,090,808	$ 927,778
Investments in debt securities, short-term	369,983	281,142
Accounts receivable, net of allowances for doubtful accounts of $2,791 and $2,798, respectively	634,821	509,715
Prepaid expenses	200,609	150,877
Other current assets	19,481	2,921
Total current assets	2,315,702	1,872,433
Property and equipment, net of accumulated depreciation and amortization of $231,533 and $194,819, respectively	189,629	166,886
Goodwill	1,040,709	1,027,277
Identifiable intangibles, net	137,767	146,071
Investments in debt securities, long-term	672,440	786,470
Deferred tax assets, net	104,833	111,456
Other assets, net	74,105	44,506
Total assets	4,535,185	4,155,099
Current liabilities:
Accounts payable and accrued expenses	376,957	284,802
Deferred revenue, short-term	1,512,762	1,272,908
Other current obligations	1,354	1,467
Total current liabilities	1,891,073	1,559,177
Deferred revenue, long-term	557,194	449,636
Convertible notes	745,633	723,942
Other long-term obligations	93,965	87,912
Commitments and contingencies (NOTES 14 and 15)
Stockholders' equity:
Preferred stock, $0.0001 per share par value, 5,000,000 shares authorized, none outstanding
Common stock, $0.0001 per share par value, 300,000,000 shares authorized, 236,804,594 and 234,896,137 shares issued, 176,901,936 and 181,185,861 shares outstanding at February 28, 2017 and February 29, 2016, respectively	24	23
Additional paid-in capital	2,294,462	2,162,264
Retained earnings	1,352,991	1,099,738
Treasury stock at cost, 59,902,658 and 53,710,276 shares at February 28, 2017 and February 29, 2016, respectively	(2,311,805)	(1,853,144)
Accumulated other comprehensive loss	(88,352)	(74,449)
Total stockholders' equity	1,247,320	1,334,432
Total liabilities and stockholders' equity	$ 4,535,185	$ 4,155,099

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Feb. 28, 2017	Feb. 29, 2016
Accounts receivable, allowances for doubtful accounts	$ 2,791	$ 2,798
Property and equipment, accumulated depreciation and amortization	$ 231,533	$ 194,819
Preferred stock, per share par value	$ 0.0001	$ 0.0001
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	236,804,594	234,896,137
Common stock, shares outstanding	176,901,936	181,185,861
Treasury stock, shares	59,902,658	53,710,276

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Feb. 28, 2017	Feb. 29, 2016	Feb. 28, 2015
Revenue:
Subscriptions	$ 2,135,780	$ 1,803,449	$ 1,561,234
Training and services	276,023	248,781	228,255
Total subscription and training and services revenue	2,411,803	2,052,230	1,789,489
Cost of subscription and training and services revenue:
Cost of subscriptions	158,977	126,663	112,856
Cost of training and services	195,401	182,966	160,343
Total cost of subscription and training and services revenue	354,378	309,629	273,199
Gross profit	2,057,425	1,742,601	1,516,290
Operating expense:
Sales and marketing	1,036,021	848,950	728,387
Research and development	480,668	413,322	367,856
General and administrative	208,491	192,281	170,053
Total operating expense	1,725,180	1,454,553	1,266,296
Income from operations	332,245	288,048	249,994
Interest income	13,921	11,673	8,336
Interest expense	23,822	23,121	9,394
Other (expense) income, net	(2,164)	(1,735)	6,562
Income before provision for income taxes	320,180	274,865	255,498
Provision for income taxes	66,477	75,500	75,297
Net income	$ 253,703	$ 199,365	$ 180,201
Net income per share:
Basic	$ 1.41	$ 1.09	$ 0.97
Diluted	$ 1.39	$ 1.07	$ 0.95
Weighted average shares outstanding:
Basic	179,642	182,817	186,529
Diluted	182,961	186,119	189,246

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Feb. 28, 2017	Feb. 29, 2016	Feb. 28, 2015
Net income	$ 253,703	$ 199,365	$ 180,201
Other comprehensive income (loss):
Change in foreign currency translation adjustment	(14,008)	(12,790)	(56,163)
Available-for-sale securities:
Unrealized gain (loss) on available-for-sale securities during the period	14	(1,593)	(148)
Reclassification for gain realized on available-for-sale securities, reported in Other income (expense), net	(21)	(4)	(152)
Tax benefit	112	559	301
Net change in available-for-sale securities (net of tax)	105	(1,038)	1
Total other comprehensive loss	(13,903)	(13,828)	(56,162)
Comprehensive income	$ 239,800	$ 185,537	$ 124,039

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 Loss
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 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 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)
Net income	253,703			253,703
Other comprehensive loss, net of tax	(13,903)					(13,903)
Vest and exercise of share-based awards	3,829	$ 1	3,828
Vest and exercise of share-based awards (in shares)		1,909
Common stock repurchase	(458,661)				(458,661)
Share-based compensation expense	192,530		192,530
Minimum tax withholdings paid by the Company on behalf of employees related to net settlement of employee share-based awards	(66,529)		(66,529)
Balance (in shares) at Feb. 28, 2017		236,805
Balance at Feb. 28, 2017	1,247,320	$ 24	2,294,462	1,352,991	$ (2,311,805)	$ (88,352)
Cumulative-effect adjustment from adoption of ASU 2016-09	$ 1,919		$ 2,369	$ (450)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands		12 Months Ended
		Feb. 28, 2017		Feb. 29, 2016	Feb. 28, 2015
Cash flows from operating activities:
Net income		$ 253,703		$ 199,365	$ 180,201
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization		85,309		76,088	76,263
Amortization of debt discount and transaction costs		21,691		21,003	8,227
Deferred income taxes		12,327		(13,673)	23,517
Share-based compensation expense		192,530	[1]	166,234	135,232
Excess tax benefits from share-based payment arrangements	[2]			20,231	5,607
Net amortization of bond premium on debt securities available for sale		12,623		12,169	9,314
Other		946		4,418	(3,474)
Changes in operating assets and liabilities net of effects of acquisitions:
Accounts receivable		(119,102)		(48,404)	(121,536)
Prepaid expenses		(76,787)		(24,486)	(40,741)
Accounts payable and accrued expenses		71,026		62,438	71,040
Deferred revenue		348,534		260,495	282,693
Other		(19,083)		445	2,059
Net cash provided by operating activities		783,717		736,323	628,402
Cash flows from investing activities:
Purchase of investment in debt securities available for sale		(500,849)		(982,935)	(568,551)
Proceeds from maturities of investment in debt securities available for sale		457,710		652,706	502,365
Proceeds from sales of investment in debt securities available for sale		43,273		2,916	77,793
Acquisitions of businesses, net of cash acquired		(28,667)		(126,459)	(296,121)
Purchase of developed software and other intangible assets		(11,774)		(13,964)	(6,123)
Purchase of property and equipment		(69,123)		(41,553)	(45,648)
Other		(703)		(2,819)	11,282
Net cash used in investing activities		(110,133)		(512,108)	(325,003)
Cash flows from financing activities:
Proceeds from exercise of common stock options		3,829		3,596	2,434
Proceeds from employee stock purchase program		18,852
Purchase of treasury stock		(458,661)		(262,643)	(535,062)
Payments related to settlement of employee shared-based awards		(66,529)		(66,907)	(43,462)
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		(1,684)		(1,843)	(2,782)
Net cash (used in) provided by financing activities		(504,193)		(327,797)	142,633
Effect of foreign currency exchange rates on cash and cash equivalents		(6,361)		(16,113)	(45,301)
Net increase (decrease) in cash and cash equivalents		163,030		(119,695)	400,731
Cash and cash equivalents at beginning of year		927,778		1,047,473	646,742
Cash and cash equivalents at end of year		1,090,808		927,778	1,047,473
Supplemental cash flow information:
Cash paid for interest		2,080		2,039	52
Cash paid for income taxes		56,655		63,400	33,701
Non-cash investing and financing activities:
Fixed assets acquired under capital leases		$ 1,652		$ 1,892	$ 1,818
[1]	Total share-based compensation expense of $192.5 million includes $5.0 million of expense related to the Company's employee stock purchase plan ("ESPP"). See NOTE 16-Employee Benefit Plans for information regarding the ESPP.
[2]	Effective March 1, 2016, the Company adopted ASU 2016-09 which, among other items, updates the cash flow presentation of excess tax benefits related to share-based compensation. The Company elected to adopt the ASC 2016-09 updates related to cash flows on a retrospective basis. As a result, net cash provided by operating activities and net cash used in financing activities each increased by $20.2 million for the fiscal year ended February 29, 2016 and $5.6 million for the fiscal year ended February 28, 2015. For the fiscal year ended February 28, 2017, excess tax benefits from share-based payment arrangements totaled $16.0 million and are included in net income. See NOTE 2-Summary of Significant Accounting Policies for detailed information on adoption of ASU 2016-09.

Consolidated Statements of Cas8

Consolidated Statements of Cash Flows (Parenthetical) - USD ($) $ in Thousands		12 Months Ended
		Feb. 28, 2017	Feb. 29, 2016	Feb. 28, 2015
Excess tax benefits from share-based payment arrangements	[1]		$ 20,231	$ 5,607
Accounting Standards Update 2016-09
Excess tax benefits from share-based payment arrangements			$ 20,231	$ 5,607
Gross wind fall tax benefit realized from share based compensation		$ 16,000
[1]	Effective March 1, 2016, the Company adopted ASU 2016-09 which, among other items, updates the cash flow presentation of excess tax benefits related to share-based compensation. The Company elected to adopt the ASC 2016-09 updates related to cash flows on a retrospective basis. As a result, net cash provided by operating activities and net cash used in financing activities each increased by $20.2 million for the fiscal year ended February 29, 2016 and $5.6 million for the fiscal year ended February 28, 2015. For the fiscal year ended February 28, 2017, excess tax benefits from share-based payment arrangements totaled $16.0 million and are included in net income. See NOTE 2-Summary of Significant Accounting Policies for detailed information on adoption of ASU 2016-09.

Company

Company	12 Months Ended
	Feb. 28, 2017
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. 28, 2017
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 Statements of Cash Flows as of February 29, 2016 and February 28, 2015 include the effect of retrospective application of Accounting Standards Update 2016-09, Compensation—Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting With the Company’s permitted election to retrospectively apply this classification amendment, $20.2 million and $5.6 million, respectively, of windfall tax benefits previously reported as cash inflows from financing activities on the Company’s Consolidated Statements of Cash Flows for the fiscal years ended February 29, 2016 and February 28, 2015 have been reclassified as cash inflows from operating activities. 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. In addition to the reclassifications resulting from application of ASU 2016-09, certain other amounts for the fiscal years ended February 29, 2016 and February 28, 2015 have been reclassified to conform to the current year presentation. Use of estimates The preparation of financial statements in conformity with accounting principles generally accepted in the U.S. (“U.S. GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the balance sheet dates and the reported amounts of revenue and expenses during the reporting periods. Actual results could differ from such estimates. 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 subscription period. Red Hat technologies are generally offered with either one or three-year base subscription periods; the majority of the Company’s subscriptions have one-year terms. Under these subscription agreements, renewal rates are generally specified for one or three-year renewal terms. Subscriptions generally entitle the end user to the technology itself and post-contract customer support, generally consisting of varying levels of support services as well as access to security updates, fixes, functionality enhancements, upgrades to the technologies, each on an if and when available basis, and compatibility with an ecosystem of certified hardware and software, during the term of the subscription. The Company sells its offerings through two principal channels: (1) direct, which includes sales by the Company’s sales force as well as web store sales, and (2) indirect, which includes certified cloud and service providers (“CCSPs”), distributors, OEMs, systems integrators and value added resellers. The Company recognizes revenue from the sale of Red Hat technologies ratably over the period of the subscription beginning on the commencement date of the subscription agreement. 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 (“VSOE”) 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. 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. 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-cancellable 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 subscription period. The commission payments are paid in full subsequent to the month in which the customer’s service commences. The deferred commission amounts are recoverable through the future revenue streams under the non-cancellable customer contracts. In addition, the Company has the ability and intent under the commission plans with its sales force to recover commissions previously paid to its sales force in the event that customers breach the terms of their subscription agreements and do not fully pay for their subscription agreements. Deferred commissions are included in Prepaid expenses and Other assets, net 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 fiscal years ended February 28, 2017 and February 28, 2015, the Company applied its test for goodwill impairment as permitted by Accounting Standards Update 2011-08, Intangibles—Goodwill and Other (Topic 350): Testing Goodwill for Impairment 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 fiscal years ended February 28, 2017 and February 28, 2015. Consequently, the Company was not required to perform the remaining two-step quantitative goodwill impairment test. For the fiscal 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. 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. 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. Realized gains and losses are recorded using the specific identification method and upon realization, such amounts are reclassified from accumulated other comprehensive income to Other income (expense), net. Realized gains and losses and other than temporary impairments, if any, are reflected in the Company’s Consolidated Statements of Operations as Other 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 17—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 28, 2017 and February 29, 2016, 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 and other equipment, computer software and leasehold improvements, which are recorded at cost and depreciated or amortized using the straight-line method. 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. 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 $95.7 million, $88.9 million and $62.6 million for the fiscal years ended February 28, 2017, February 29, 2016 and February 28, 2015, 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. Income taxes The Company accounts for income taxes using the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. 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. 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 (expense), 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 that 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 its historical experience and credit evaluation. The Company’s standard credit terms are net 30 days in North America, net 30 to net 45 days in EMEA (Europe, Middle East and Africa) and Latin America, and range from net 30 to net 60 days in Asia Pacific (principally Australia, China, India, Japan, Singapore and South Korea). 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 21—Convertible Notes 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 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 90 locations around the world. The Company manages its international business on an Americas-wide, EMEA-wide and Asia Pacific-wide basis. See NOTE 19—Segment Reporting for further discussion. Recent accounting pronouncements Accounting pronouncements adopted In March 2016, the Financial Accounting Standards Board (“FASB”) issued ASU 2016-09 to simplify several aspects of the accounting for share-based compensation, including the income tax consequences. This guidance is effective for the Company as of the first quarter of the fiscal year ending February 28, 2018. However, the Company elected to early adopt ASU 2016-09 effective March 1, 2016. Impact to Consolidated Statements of Operations. ASU 2016-09 requires companies to adopt the amendment related to accounting for windfalls and shortfalls on a prospective basis only. As a result, no change has been made to the Consolidated Statements of Operations for the fiscal years ended February 29, 2016 and February 28, 2015 related to the $19.8 million and $6.4 million, respectively, of net windfall tax benefits the Company recognized as additional paid-in capital during the fiscal years ended February 29, 2016 and February 28, 2015. Net windfall tax benefits of $19.8 million recognized as additional paid-in capital during the fiscal year ended February 29, 2016 includes gross windfall tax benefits of $20.2 million net of $0.5 million shortfall tax expense. Net windfall tax benefits of $5.4 million recognized within additional paid-in capital during the fiscal year ended February 28, 2015 includes gross windfall tax benefits of $5.6 million net of $0.3 million shortfall tax expense. Impact to Consolidated Statements of Cash Flows. With respect to the classification of windfall tax benefits on the statement of cash flows, ASU 2016-09 allows companies to elect either a prospective or retrospective application. The Company has elected to apply this classification amendment retrospectively. As a result, $20.2 million and $5.6 million, respectively, of windfall tax benefits previously reported as cash flows from financing activities on the Company’s Consolidated Statements of Cash Flows for the fiscal years ended February 29, 2016 and February 28, 2015 have been reclassified as cash flows from operating activities. Impact to Consolidated Balance Sheets. As of March 1, 2016 Balance Sheet Classification Amount Increase to additional paid-in capital resulting from the Company’s election to recognize forfeitures as they occur rather than applying an estimated forfeiture rate Additional paid-in capital $ 2,369 Recognition of deferred tax assets related to cumulative-effect adjustment from the Company’s election to recognize forfeitures as they occur Deferred tax assets, net $ 603 Recognition of deferred tax assets related to certain unrealized net windfall tax benefits from share-based compensation Deferred tax assets, net $ 1,316 Net charge to retained earnings for cumulative-effect adjustment from adoption of ASU 2016-09 Retained earnings $ 450 In August 2014, the FASB issued Accounting Standards Update 2014-15, Presentation of Financial Statements—Going Concern (Subtopic 205-40), Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern Accounting pronouncements being evaluated In January 2017, the FASB issued Accounting Standards Update 2017-04, Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment . In August 2016, the FASB issued Accounting Standards Update 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments 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 The Company has substantially completed its preliminary assessment of the potential impact that the implementation of this updated standard will have on its consolidated financial statements. With respect to the Company’s software subscription offerings, which accounted for 89%, 88%, and 87% of the Company’s total revenue for the fiscal years ended February 28, 2017, February 29, 2016 and February 28, 2015, respectively, the Company provides value to its customers through continuous aggregation, integration, testing, certification, maintenance, enhancement and support of the open source technologies that it distributes. The Company currently recognizes subscription revenue ratably over the subscription period. Under the updated standard, these subscription attributes represent a series of performance obligations that are delivered over time, primarily on a stand-ready basis (for example, attributes such as updates, upgrades, and support are not forced upon subscribers but rather made available to subscribers). As a result, the Company believes that its subscription revenue meets the criteria for revenue recognition over time and will continue to be recognized ratably under the updated standard. The Company also offers professional consulting and training services that are designed to help customers derive additional value from Red Hat technologies. Under the updated guidance, revenue from professional consulting and training services that were previously sold on a standalone basis will continue to be recognized over time as the Company satisfies its performance obligations by delivering and transferring such services to the customer. With respect to customer contracts with multiple elements (such as software subscriptions and professional consulting and training services), under the current standard the Company allocates total contract revenue to each element’s relative fair value when the Company can demonstrate sufficient VSOE of the fair value of at least those elements that are undelivered. For multiple-element contracts in which one or more of the undelivered elements lacks VSOE, the Company defers recognition of any revenue until the elements lacking VSOE have been delivered. However, under the updated standard, the Company will be required to allocate total contract revenue to each element (referred to as a distinct performance obligation under the updated standard) based on either an established or estimated standalone selling price. The Company would then recognize the allocated revenue as each element (performance obligation) is delivered. Because the Company has historically established VSOE for most of its offerings and as a result has not been required to defer a significant amount of revenue due to insufficient VSOE, the Company does not anticipate the updated standard’s requirement to establish or estimate a standalone selling price, rather than defer revenues in the absence of VSOE, to have a significant impact on the Company’s financial statements. The Company continues to assess the impact of the updated guidance, including for example, any potential changes to and investments in the Company’s policies, processes, systems and internal controls over financial reporting that may be required to comply with new guidance related to variable consideration, contract modifications, allocation of discounts and expanded disclosures. The Company has not yet finalized its decision with respect to transition method.

Business Combinations

Business Combinations	12 Months Ended
	Feb. 28, 2017
Business Combinations	NOTE 3—Business Combinations Acquisition of 3scale, Inc. On June 24, 2016, the Company completed its acquisition of all of the shares of 3scale, Inc. (“3scale”), a provider of application programming interface (“API”) management technology. By adding 3scale to its existing portfolio, including Red Hat JBoss Middleware, Red Hat OpenShift and Red Hat Mobile Application Platform, the Company strengthens its enablement of the API economy with simplified cloud integration and microservices-based architectures. The consideration paid was $29.1 million in cash. Management has completed its assessment of the acquisition-date fair value of the assets acquired and liabilities assumed. The total consideration transferred of $29.1 million was allocated to the Company’s assets and liabilities as follows: $16.9 million to goodwill, $13.1 million to identifiable intangible assets and $0.9 million to working capital as a net current liability. The Company incurred approximately $1.8 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 Statements of Operations for the fiscal year ended February 28, 2017. 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 augments 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. Management has completed its 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 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. 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 Statements 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 expands 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 Statements 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 assists 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 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 Statements 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 complements 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 Statements of Operations for the fiscal year ended February 28, 2015. Pro forma consolidated financial information (unaudited) The following unaudited pro forma consolidated financial information reflects the results of operations of the Company (in thousands, except per share amounts) as if the acquisition of 3scale, Ansible, FeedHenry, eNovance and Inktank had closed on March 1, 2014, after giving effect to certain purchase accounting adjustments. These pro forma results are not necessarily indicative of what the Company’s operating results would have been had the acquisitions actually taken place at the beginning of the period. Pro forma consolidated financial information for the fiscal year ended February 28, 2017 has not been provided because the acquisition of 3scale would not have had a significant impact on consolidated operating results if the acquisition had closed on March 1, 2016. Fiscal Years Ended February 29, February 28, Revenue $ 2,057,565 $ 1,797,959 Net income 188,825 158,467 Basic net income per common share $ 1.03 $ 0.85 Diluted net income per common share $ 1.01 $ 0.84 Goodwill and other business combinations The Company completed its annual goodwill impairment tests for the fiscal years ended February 28, 2017, February 29, 2016 and February 28, 2015. No goodwill impairment was deemed to have occurred for any of the fiscal years. The following is a summary of goodwill (in thousands): February 28, February 29, February 28, Balance at beginning of year $ 1,027,277 $ 927,060 $ 687,430 Acquisitions 16,923 102,260 260,786 Impact of foreign currency fluctuations (3,636 ) (3,493 ) (21,156 ) Other adjustments 145 1,450 — Balance at end of year $ 1,040,709 $ 1,027,277 $ 927,060 The excess of purchase price paid for 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. 28, 2017
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 is presented in the following table (in thousands): Fiscal year ended Balance at beginning of period Charged to expense Adjustments (1) Balance at end of period February 28, 2015 $ 1,986 469 (208 ) $ 2,247 February 29, 2016 $ 2,247 1,323 (772 ) $ 2,798 February 28, 2017 $ 2,798 (140 ) 133 $ 2,791 (1) Represents foreign currency translation adjustments and amounts written-off as uncollectible accounts receivable. As of February 28, 2017 and February 29, 2016, no individual customer accounted for 10% or more of the Company’s accounts receivable.

Prepaid Expenses

Prepaid Expenses	12 Months Ended
	Feb. 28, 2017
Prepaid Expenses	NOTE 5—Prepaid Expenses Prepaid expenses include sales commissions,which are the incremental costs that are directly associated with non-cancellable 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 28, February 29, Deferred commissions $ 147,695 $ 102,254 Professional services 24,135 21,160 Taxes 10,734 15,819 Insurance 2,166 2,160 Other 15,879 9,484 Total prepaid expenses $ 200,609 $ 150,877

Property and Equipment

Property and Equipment	12 Months Ended
	Feb. 28, 2017
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): Estimated February 28, February 29, Computer and other equipment 3-5 $ 155,615 $ 135,342 Software, including software developed for internal use 5 93,727 85,517 Furniture and fixtures 7 32,260 28,800 Leasehold improvements up to 15 124,060 104,045 Property and equipment—in progress — 15,500 8,001 Property and equipment 421,162 361,705 Less: accumulated depreciation (231,533 ) (194,819 ) Property and equipment, net $ 189,629 $ 166,886 Property and equipment is depreciated or amortized using the straight-line method over the respective asset’s estimated useful life. Leasehold improvements are depreciated up to 15 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 is summarized as follows (in thousands): Fiscal Years Ended February 28, 2017 February 29, 2016 February 28, 2015 Total depreciation expense $ 54,077 $ 48,909 $ 48,001

Identifiable Intangible Assets

Identifiable Intangible Assets	12 Months Ended
	Feb. 28, 2017
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, all of which are amortized over the estimated useful life, generally on a straight-line basis, with the exception of customer and reseller relationships, which are generally amortized over the greater of straight-line or the related asset’s pattern of economic benefit. Useful lives range from two to 10 years. As of February 28, 2017 and February 29, 2016, trademarks with an indefinite estimated useful life totaled $10.9 million and $11.1 million, respectively. The following is a summary of identifiable intangible assets (in thousands): February 28, 2017 February 29, 2016 Gross Accumulated Net Gross Accumulated Net Trademarks, copyrights and patents $ 148,850 $ (59,440 ) $ 89,410 $ 138,106 $ (49,876 ) $ 88,230 Purchased technologies 107,078 (80,536 ) 26,542 96,105 (70,940 ) 25,165 Customer and reseller relationships 104,438 (88,046 ) 16,392 104,593 (80,329 ) 24,264 Covenants not to compete 14,081 (12,329 ) 1,752 13,240 (9,875 ) 3,365 Other intangible assets 8,833 (5,162 ) 3,671 8,833 (3,786 ) 5,047 Total identifiable intangible assets $ 383,280 $ (245,513 ) $ 137,767 $ 360,877 $ (214,806 ) $ 146,071 The following is a summary of the change in identifiable intangible assets (in thousands): Balance at February 29, 2016 $ 146,071 Purchase of identifiable intangible assets from 3scale, primarily developed technologies 13,130 Purchase of developed software and other intangible assets 11,038 Amortization expense (31,232 ) Impact of foreign currency fluctuations and other adjustments (1,240 ) Balance at February 28, 2017 $ 137,767 Amortization expense associated with identifiable intangible assets recognized in the Company’s Consolidated Financial Statements is summarized as follows (in thousands): Fiscal Years Ended February 28, February 29, February 28, Cost of revenue $ 16,938 $ 13,102 $ 12,049 Sales and marketing 7,078 8,075 7,838 Research and development 138 842 2,417 General and administrative 7,078 5,160 5,958 Total amortization expense $ 31,232 $ 27,179 $ 28,262 As of February 28, 2017, future amortization expense on existing intangibles is as follows (in thousands): Fiscal Year Amortization 2018 $ 27,392 2019 22,170 2020 18,371 2021 11,867 2022 7,241 Thereafter 39,840 Total amortization expense $ 126,881

Other Assets, Net

Other Assets, Net	12 Months Ended
	Feb. 28, 2017
Other Assets, Net	NOTE 8—Other Assets, Net Other assets, net were comprised of the following (in thousands): February 28, February 29, Deferred commissions, non-current $ 38,842 $ 8,722 Cost-basis investments 14,778 16,079 Prepaid expenses, non-current 12,209 12,553 Security deposits and other 8,276 7,152 Other assets, net $ 74,105 $ 44,506 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 $2.0 million, $2.8 million and $4.6 million on certain investments during the fiscal years ended February 28, 2017, February 29, 2016 and February 28, 2015, respectively.

Accounts Payable and Accrued Ex

Accounts Payable and Accrued Expenses	12 Months Ended
	Feb. 28, 2017
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 28, February 29, Accounts payable $ 76,197 $ 63,268 Accrued wages and other compensation-related expenses 212,184 137,738 Accrued other trade payables 43,781 45,785 Accrued income and other taxes payable 44,032 37,069 Accrued other 763 942 Total accounts payable and accrued expenses $ 376,957 $ 284,802

Derivative Instruments

Derivative Instruments	12 Months Ended
	Feb. 28, 2017
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. See NOTE 17—Assets and Liabilities Measured at Fair Value on a Recurring Basis for information regarding the fair value hierarchy of derivative instruments. The effects of derivative instruments on the Company’s Consolidated Financial Statements are as follows (in thousands): Fiscal Year Ended February 28, 2017 As of February 28, 2017 Classification of Gain (Loss) Recognized in Income on Derivatives Amount of Gain (Loss) Recognized in Income on Derivatives Balance Fair Value Notional Value Assets—foreign currency forward contracts not designated as Other current assets $ 135 $ 15,151 Other income (expense), net $ 3,663 Liabilities—foreign currency Accounts payable and accrued expenses (160 ) 33,670 Other income (expense), net (2,970 ) Total $ (25 ) $ 48,821 $ 693 Fiscal Year Ended February 29, 2016 As of February 29, 2016 Classification of Gain (Loss) Recognized in Income on Derivatives Amount of Gain (Loss) Recognized in Income on Derivatives Balance 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

Income Taxes

Income Taxes	12 Months Ended
	Feb. 28, 2017
Income Taxes	NOTE 11—Income Taxes Components of income tax expense The U.S. and foreign components of the Company’s income before provision for income taxes consisted of the following (in thousands): Fiscal Years Ended February 28, February 29, February 28, U.S. $ 187,316 $ 155,550 $ 167,388 Foreign 132,864 119,315 88,110 Income before provision for income taxes $ 320,180 $ 274,865 $ 255,498 The components of the Company’s provision for income taxes consisted of the following (in thousands): Fiscal Years Ended February 28, February 29, February 28, Current: Foreign $ 35,791 $ 39,168 $ 26,325 Federal 16,857 44,872 15,252 State 1,502 5,133 4,090 Current tax expense $ 54,150 $ 89,173 $ 45,667 Deferred: Foreign (4,854 ) (5,170 ) (8,188 ) Federal 17,712 (6,142 ) 36,197 State (531 ) (2,361 ) 1,621 Deferred tax expense (benefit) $ 12,327 $ (13,673 ) $ 29,630 Net provision for income taxes $ 66,477 $ 75,500 $ 75,297 Statutory Rate Reconciliation Taxes computed at the statutory federal income tax rates are reconciled to the provision for income taxes as follows (in thousands): Fiscal Years Ended February 28, 2017 February 29, 2016 February 28, 2015 Provision at federal statutory rate $ 112,063 35.0 % $ 96,203 35.0 % $ 89,424 35.0 % State tax, net of federal tax benefit 520 0.2 % 601 0.2 % 4,042 1.6 % Foreign rate differential (1) (11,795 ) (3.7 )% (8,232 ) (3.0 )% (13,983 ) (5.5 )% Foreign dividend — — % — — % 8,720 3.4 % Nondeductible items 3,077 1.0 % 3,426 1.2 % 3,339 1.3 % Share-based compensation (2) (12,749 ) (4.0 )% 149 0.1 % 105 — % Research tax credit (9,532 ) (3.0 )% (5,105 ) (1.9 )% (5,329 ) (2.1 )% Foreign tax credit (8,930 ) (2.8 )% (10,267 ) (3.7 )% (11,755 ) (4.6 )% Domestic production activities deduction (4,601 ) (1.4 )% (5,033 ) (1.8 )% (4,433 ) (1.7 )% Other (1,576 ) (0.5 )% 3,758 1.4 % 5,167 2.1 % Provision for income taxes $ 66,477 20.8 % $ 75,500 27.5 % $ 75,297 29.5 % (1) Foreign rate differential includes a reduction of $1.5 million related to a tax holiday in Israel. The tax holiday provides for a reduced tax rate on income attributable to research and development activities and is scheduled to terminate as of the fiscal year ending February 29, 2020. The financial impact from the tax holiday for the fiscal year ended February 28, 2017 resulted in an increase to the Company’s diluted earnings per share of approximately $0.01. (2) Share-based compensation in the fiscal year ended February 28, 2017 includes $15.8 million net windfall tax benefits from share-based payments resulting from the Company’s early adoption of ASU 2016-09. See NOTE 2—Summary of Significant Accounting Policies for additional discussion regarding the adoption of ASU 2016-09. This windfall is offset by certain stock-based compensation for which the Company receives no tax benefit. Deferred taxes Significant components of the Company’s deferred tax assets and liabilities consisted of the following (in thousands): February 28, February 29, Deferred tax assets: Foreign net operating loss carryforwards $ 4,218 $ 6,679 Domestic net operating loss carryforwards 5,696 13,202 Domestic credit carryforwards 9,864 7,849 Share-based compensation 51,016 44,276 Deferred revenue 97,258 83,901 Foreign deferred royalty expenses 2,505 9,896 Convertible notes 11,377 15,182 Other 17,077 12,313 Total deferred tax assets 199,011 193,298 Valuation allowance for deferred tax assets (5,621 ) (3,291 ) Total deferred tax assets, net of valuation allowance 193,390 190,007 Deferred tax liabilities: Goodwill 10,757 9,450 Property and equipment 25,163 22,669 Identifiable intangible assets 21,101 21,416 Compensation accruals 30,128 21,415 Other 4,347 3,770 Total deferred tax liabilities 91,496 78,720 Net deferred tax asset (1) $ 101,894 $ 111,287 (1) Net deferred tax asset is reported on the Company’s Consolidated Balance Sheets as Deferred tax assets, net and included in Other long-term obligations. The Company maintains a valuation allowance against its deferred tax assets with respect to certain foreign and state NOL and credit carryforwards that the Company does not believe will ultimately be realized. For the fiscal year ended February 28, 2017, the valuation allowance increased $2.3 million primarily as a result of foreign NOL and credit carryforwards acquired through recent acquisitions. As of February 28, 2017, the Company had U.S. federal NOL carryforwards of $9.2 million, foreign NOL carryforwards of $22.9 million and U.S. state NOL carryforwards of $72.3 million. The NOL carryforwards expire in varying amounts beginning in the fiscal year ending February 28, 2018. As of February 28, 2017, the Company had U.S. federal research tax credit carryforwards of $0.8 million, state research tax credit carryforwards of $18.1 million and foreign research tax credit carryforwards of $1.2 million, which expire in varying amounts beginning in the fiscal year ending February 28, 2018. As of February 28, 2017, cumulative undistributed earnings of non-U.S. subsidiaries totaled $677.4 million. Determination of the deferred tax liability 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 has been 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 (in thousands): February 28, February 29, February 28, Balance at beginning of year $ 74,886 $ 60,343 $ 57,054 Additions based on tax positions related to prior years 2,142 13,486 514 Additions based on tax positions related to the current year 4,893 3,494 3,374 (Reductions) additions related to changes in facts and circumstances (2,271 ) 256 (229 ) Reductions related to lapse of the statute of limitations (2,748 ) (1,581 ) (370 ) Reductions related to settlements with tax authorities — (1,112 ) — Balance at end of year $ 76,902 $ 74,886 $ 60,343 The Company’s unrecognized tax benefits as of February 28, 2017 and February 29, 2016, which, if recognized, would affect the Company’s effective tax rate were $69.1 million and $59.1 million, respectively. It is the Company’s policy to recognize interest and penalties related to uncertain tax positions as income tax expense. Uncertain tax position interest and penalties recognized in the Consolidated Statements of Operations totaled $2.5 million, $1.5 million and $2.7 million for the fiscal years ended February 28, 2017, February 29, 2016 and February 28, 2015, respectively. Uncertain tax position accrued interest and accrued penalties recognized in the Consolidated Balance Sheets totaled $13.2 million and $10.7 million as of February 28, 2017 and February 29, 2016, respectively. As of February 28, 2017, it is reasonably possible that total unrecognized tax benefits may be reduced by up to $7.6 million within the next 12 months as a result of statutes of limitations expirations in various tax jurisdictions, all of which would affect the Company’s effective tax rate. The Company is subject to taxation in the U.S. and various other state and foreign jurisdictions. The material jurisdictions in which the Company is subject to potential examination include India, Ireland and the U.S., where the Company is no longer subject to examination prior to fiscal years ended February 28, 2006, February 29, 2012 and February 29, 2000, respectively. The Company is currently under examination in France, India and the United Kingdom. The Company believes it has adequately provided for any reasonably foreseeable outcomes related to tax audits.

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Feb. 28, 2017
Stockholders' Equity	NOTE 12—Stockholders’ Equity 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 6,192,382 shares, 3,476,229 shares and 8,355,757 shares of its common stock during the fiscal years ended February 28, 2017, February 29, 2016 and February 28, 2015, respectively, at an aggregate cost of $458.7 million, $262.6 million and $535.1 million, respectively, in accordance with the share repurchase programs described below. These amounts are recorded in Treasury stock on the Company’s Consolidated Balance Sheets. Preferred stock At February 28, 2017, 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 28, 2017 or February 29, 2016. Share repurchase programs On March 25, 2015, the Company announced that its Board of Directors had 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 was discontinued by the Board effective June 30, 2016. From March 1, 2016 through its discontinuance on June 30, 2016, the Company repurchased 1,291,733 shares of its common stock for $94.4 million under this repurchase program. On June 22, 2016, the Company announced that its Board of Directors authorized the repurchase of up to $1.0 billion of Red Hat’s common stock from time to time on the open market or in privately negotiated transactions. The new program commenced on July 1, 2016, and will expire on the earlier of (i) June 30, 2018 or (ii) a determination by the Board, Chief Executive Officer or Chief Financial Officer to discontinue the program. The new program replaced the previous $500.0 million repurchase program, which was discontinued by the Board effective June 30, 2016. From its commencement on July 1, 2016 through February 28, 2017, the Company has repurchased 4,900,649 shares of its common stock for $364.3 million under this program. As of February 28, 2017, the amount available under the program for the repurchase of the Company’s common stock was $635.7 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. Accumulated Other Comprehensive Loss Accumulated other comprehensive loss was comprised of the following (in thousands): February 28, February 29, Accumulated loss from foreign currency translation adjustment $ (87,784 ) $ (73,776 ) Accumulated unrealized loss, net of tax, on available-for-sale securities (568 ) (673 ) Accumulated other comprehensive loss $ (88,352 ) $ (74,449 )

Share-based Awards

Share-based Awards	12 Months Ended
	Feb. 28, 2017
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 service- and performance-based share awards, among other awards. As of February 28, 2017, there were 10.0 million shares of common stock reserved for issuance under the LTIP for future share-based awards to be granted to any employee, officer, director or consultant of the Company at terms and prices to be determined by the Board of Directors. The following table summarizes granted share-based awards by type: Awards Granted in Fiscal Years Ended February 28, 2017 February 29, 2016 February 28, 2015 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 Service-based shares and share units (1) 2,212,006 $ 75.62 2,108,639 $ 76.45 2,994,553 $ 53.23 Performance-based share units—Maximum 725,004 $ 76.68 628,596 $ 77.87 1,148,084 $ 52.17 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 2,937,010 $ 75.88 2,856,750 $ 76.00 4,890,863 $ 52.93 (1) Service-based shares granted during the fiscal year ended February 28, 2017 include 140,182 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 the fiscal year ended February 28, 2017 (the “RSA performance goal”). The RSA performance goal for the fiscal year ended February 28, 2017 was met. Therefore, as of February 28, 2017 only the service condition remained with 25% vesting on July 17, 2017, 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 (in thousands): Fiscal Years Ended February 28, February 29, February 28, Cost of revenue $ 16,553 $ 15,898 $ 14,027 Sales and marketing 93,378 69,089 55,203 Research and development 52,424 48,466 38,517 General and administrative 30,175 32,781 27,485 Total share-based compensation expense $ 192,530 $ 166,234 $ 135,232 (1) Total share-based compensation expense of $192.5 million includes $5.0 million of expense related to the Company’s employee stock purchase plan (“ESPP”). See NOTE 16—Employee Benefit Plans for information regarding the ESPP. Share-based compensation expense qualifying for capitalization was insignificant for each of the Company’s fiscal years ended February 28, 2017, February 29, 2016 and February 28, 2015. Accordingly, no share-based compensation expense was capitalized during these years. As discussed in NOTE 2—Summary of Significant Accounting Policies, as a result of adopting ASU 2016-09 Stock options The total share-based compensation expense related to stock options recognized in the Consolidated Financial Statements was as follows (in thousands): Fiscal Years Ended February 28, February 29, February 28, Share-based compensation expense—stock options $ 4,813 $ 4,918 $ 5,085 As of February 28, 2017, the Company had 208,505 stock options outstanding with a weighted average remaining contractual life of 4.5 years and a weighted average exercise price of $34.70. The number of stock options exercisable as of February 28, 2017 was 129,576 with a weighted average share price of $38.49. The intrinsic value of stock options exercised was as follows (in thousands): Fiscal Years Ended February 28, February 29, February 28, Total intrinsic value of stock options exercised $ 7,928 $ 9,103 $ 6,289 As of February 28, 2017, compensation cost related to unvested stock options not yet recognized in the Company’s Consolidated Financial Statements totaled $3.2 million. The weighted average period over which these unvested stock options are expected to be recognized is approximately 1.6 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 vest, subject to continued service to the Company, 25% on the first trading day on or about July 16 of the year subsequent to the year in which the grant occurs and 6.25% on the last day of each subsequent three-month period. Nonvested share units generally vest, subject to continued service to the Company, 25% each year over a four-year period beginning on the date of grant. 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 share-based compensation expense related to service-based share awards recognized in the Company’s Consolidated Financial Statements was as follows (in thousands): Fiscal Years Ended February 28, February 29, February 28, Share-based compensation expense—service-based awards $ 147,843 $ 124,904 $ 107,887 The following table summarizes the activity for the Company’s service-based share awards: Nonvested Weighted Average 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 Granted 2,212,006 75.62 Vested (2,409,518 ) 57.42 Forfeited (313,162 ) 64.36 Service-based share awards at February 28, 2017 5,664,200 $ 67.01 (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 following summarizes the intrinsic value as of February 28, 2017 of the Company’s service-based awards outstanding: Number of Weighted Average Intrinsic Value at Outstanding 5,664,200 2.6 $ 469,052 The intrinsic value of service-based awards vesting was as follows (in thousands): Fiscal Years Ended February 28, February 29, February 28, Total intrinsic value of service-based awards vesting $ 181,691 $ 157,864 $ 108,066 As of February 28, 2017, compensation cost related to service-based share awards not yet recognized in the Company’s Consolidated Financial Statements totaled $279.9 million. The weighted average period over which these nonvested awards are expected to be recognized is approximately 2.6 years. Performance-based share awards Under the LTIP, certain executive officers and senior management were awarded a target number of 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 measured against the performance of the total shareholder return of specified peer companies over a performance period of approximately three years, PSU grantees may earn up to 200% of the target number of PSUs. 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 the fiscal year ended February 29, 2016. The total share-based compensation expense related to performance-based share awards recognized in the Company’s Consolidated Financial Statements was as follows (in thousands): Fiscal Years Ended February 28, February 29, February 28, Share-based compensation expense—performance-based awards $ 34,865 $ 36,412 $ 22,260 The following table summarizes the activity for the Company’s PSUs: Maximum (1) Activity Shares Weighted Average 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 Granted 725,004 76.68 Vested (492,518 ) 48.94 Forfeited (346,102 ) 62.68 Outstanding at February 28, 2017 1,935,895 $ 67.27 (1) 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 intrinsic value of performance-based share awards vesting was as follows (in thousands): Fiscal Years Ended February 28, February 29, February 28, Total intrinsic value of performance-based awards vesting $ 36,768 $ 36,555 $ 18,733 As of February 28, 2017, the number of shares subject to PSU awards expected to vest was 1.3 million shares. Compensation expense related to PSUs expected to vest but not yet recognized in the Consolidated Financial Statements totaled $31.1 million as of February 28, 2017. 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. 28, 2017
Commitments and Contingencies	NOTE 14—Commitments and Contingencies Operating leases As of February 28, 2017, the Company leased office space and certain equipment under various non-cancellable operating leases. Future minimum lease payments required under the operating leases at February 28, 2017 are as follows (in thousands): Fiscal Year Operating Leases 2018 $ 56,068 2019 49,856 2020 42,851 2021 36,514 2022 31,640 Thereafter 72,873 Total minimum lease payments $ 289,802 Rent expense under operating leases is provided in the following table (in thousands): Fiscal Years Ended February 28, February 29, February 28, Total operating lease expense $ 44,228 $ 38,152 $ 36,581 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 fiscal years ended February 28, 2017, February 29, 2016 and February 28, 2015 were in the aggregate immaterial.

Legal Proceedings

Legal Proceedings	12 Months Ended
	Feb. 28, 2017
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. 28, 2017
Employee Benefit Plans	NOTE 16—Employee Benefit Plans Retirement 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 as follows (in thousands): Fiscal Years Ended February 28, February 29, February 28, Total contributions to employee benefit plans $ 32,839 $ 25,731 $ 21,721 Employee stock purchase plan During the third quarter of the fiscal year ended February 28, 2017, the Company began offering an ESPP whereby eligible employees may elect to purchase common stock of the Company at the end of a six-month plan period (“Plan Period”). During each Plan Period, eligible employees who so elect may authorize payroll deductions in an amount no less than 1% nor greater than 15% of his or her eligible compensation during the Plan Period. At the end of each Plan Period, the accumulated deductions are used to purchase shares of common stock. Shares are purchased at a price equal to 85% of the closing price of the Company’s common stock, on either the first business day of the Plan Period or the last business day of the Plan Period, whichever is lower. No participant may purchase more than $25,000 worth of common stock per calendar year. As of February 28, 2017, the Company has 5,000,000 common shares reserved for issuance under the ESPP. Share-based compensation expense recognized in the Company’s Consolidated Statements of Operations for the fiscal year ended February 28, 2017 related to the ESPP totaled $5.0 million.

Assets and Liabilities Measured

Assets and Liabilities Measured at Fair Value on a Recurring Basis	12 Months Ended
	Feb. 28, 2017
Assets and Liabilities Measured at Fair Value on a Recurring Basis	NOTE 17—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 28, 2017 (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) $ 258,188 $ 258,188 $ — $ — Available-for-sale securities (1): U.S. agency securities 327,430 — 327,430 — Corporate securities 714,993 — 714,993 — Foreign currency derivatives (2) 135 — 135 — Liabilities: Foreign currency derivatives (3) (160 ) — (160 ) — Total $ 1,300,586 $ 258,188 $ 1,042,398 $ — (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, 2017 in addition to $832.6 million of cash. (2) Included in Other current assets in the Company’s Consolidated Balance Sheet at February 28, 2017. (3) Included in Accounts payable and accrued expenses in the Company’s Consolidated Balance Sheet at February 28, 2017. 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 represents the Company’s investments measured at fair value as of February 28, 2017 (in thousands): Balance Sheet Classification Amortized Cost Gross Unrealized Aggregate Fair Value Cash Equivalent Marketable Securities Investments Investments Gains Losses(1) Money markets $ 258,188 $ — $ — $ 258,188 $ 258,188 $ — $ — U.S. agency securities 329,617 37 (2,224 ) 327,430 — 27,593 299,837 Corporate securities 714,226 1,416 (649 ) 714,993 — 342,390 372,603 Total $ 1,302,031 $ 1,453 $ (2,873 ) $ 1,300,611 $ 258,188 $ 369,983 $ 672,440 (1) As of February 28, 2017, there were $0.6 million of accumulated unrealized losses related to investments that have been in a continuous unrealized loss position for 12 months or longer. The aggregate related fair value of investments with unrealized losses was $605.9 million. The following table summarizes the stated maturities of the Company’s investment in available-for-sale securities (in thousands): As of Less than 1-5 Years More than Maturity of current and long-term available-for-sale securities $ 1,042,423 $ 369,984 $ 672,439 $ — 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 Investments 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 aggregate related fair value of investments with unrealized losses was $608.8 million.

Earnings Per Share

Earnings Per Share	12 Months Ended
	Feb. 28, 2017
Earnings Per Share	NOTE 18—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 (in thousands, except per share amounts): Fiscal Years Ended February 28, February 29, February 28, Net income, basic and diluted $ 253,703 $ 199,365 $ 180,201 Weighted average common shares outstanding 179,642 182,817 186,529 Incremental shares attributable to assumed vesting or exercise of outstanding equity award shares 3,027 3,020 2,717 Dilutive effect of convertible notes 292 282 — Diluted shares 182,961 186,119 189,246 Net income per share - diluted $ 1.39 $ 1.07 $ 0.95 With respect to the Company’s convertible notes, the Company has the option to pay cash or deliver, as the case may be, either cash, shares of its common stock or a combination of cash and shares of its common stock for the aggregate amount due upon conversion of the convertible notes. The Company’s intent is to settle the principal amount of the convertible notes in cash upon conversion. As a result, upon conversion of the convertible notes, only the amounts payable in excess of the principal amounts of the convertible notes are considered in diluted EPS under the treasury stock method. See NOTE 21—Convertible Notes for detailed information on the convertible notes. Warrants to purchase 10,965,630 shares of the Company’s common stock at $101.65 per share were outstanding during the fiscal years ended February 28, 2017, 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 EPS because the aggregate value of proceeds considered received upon either exercise or vesting was greater than the average market price of the Company’s common stock during the related periods and the effect of including such share awards in the computation would be anti-dilutive (in thousands): Fiscal Years Ended February 28, February 29, February 28, Number of shares considered anti-dilutive for calculating diluted EPS 77 21 121

Segment Reporting

Segment Reporting	12 Months Ended
	Feb. 28, 2017
Segment Reporting	NOTE 19—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 (in thousands): Americas EMEA Asia Pacific Corporate(1) Consolidated Fiscal Year Ended February 28, 2017 Revenue from unaffiliated customers $ 1,555,290 $ 515,642 $ 340,871 $ — $ 2,411,803 Income (loss) from operations $ 318,244 $ 106,769 $ 99,762 $ (192,530 ) $ 332,245 Total cash, cash equivalents and available-for-sale investment securities $ 1,100,827 $ 706,028 $ 326,376 $ — $ 2,133,231 Total assets $ 2,974,734 $ 1,075,422 $ 485,029 $ — $ 4,535,185 Fiscal 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 Fiscal 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 $ 2,755,923 $ 726,101 $ 302,545 $ — $ 3,784,569 (1) Amounts represent share-based compensation expense that was not allocated to geographic segments. Supplemental information about geographic areas The Company approximates its geographic sources of revenue based on the country of origin of its non-cancellable subscription and service agreements initiated during the year (commonly referred to as bookings). The following table lists revenue from unaffiliated customers in the United States, the Company’s country of domicile, and revenue from foreign countries (in thousands): Fiscal Years Ended February 28, February 29, February 28, United States, the Company’s country of domicile $ 1,400,228 $ 1,213,493 $ 1,022,803 Foreign 1,011,575 838,737 766,686 Total revenue from unaffiliated customers $ 2,411,803 $ 2,052,230 $ 1,789,489 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 (in thousands): February 28, February 29, February 28, United States, the Company’s country of domicile $ 133,492 $ 126,937 $ 131,792 Foreign 56,137 39,949 40,359 Total tangible long-lived assets $ 189,629 $ 166,886 $ 172,151 Supplemental information about major customers For the fiscal years ended February 28, 2017 and February 29, 2016, the U.S. government and its agencies represented in the aggregate approximately 10% of the Company’s total revenue. For the fiscal year ended February 28, 2015, there were no individual customers from which the Company generated 10% or greater revenue. Supplemental information about products and services The following table 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 Application Platform and Red Hat cloud offerings such as Red Hat OpenStack Platform and Red Hat OpenShift (in thousands): Fiscal Years Ended February 28, February 29, February 28, Subscription revenue: Infrastructure-related offerings $ 1,696,443 $ 1,480,463 $ 1,324,693 Application Development-related and other emerging technology offerings 439,337 322,986 236,541 Total subscription revenue 2,135,780 1,803,449 1,561,234 Training and services revenue: Consulting services 207,959 190,870 171,436 Training 68,064 57,911 56,819 Total training and services revenue 276,023 248,781 228,255 Total revenue $ 2,411,803 $ 2,052,230 $ 1,789,489

Other Long-Term Obligations

Other Long-Term Obligations	12 Months Ended
	Feb. 28, 2017
Other Long-Term Obligations	NOTE 20—Other Long-Term Obligations Other long-term obligations were comprised of the following (in thousands): February 28, February 29, Accrued income taxes $ 76,718 $ 73,403 Deferred rent credits 11,670 13,197 Net deferred tax liability, non-current 2,939 169 Other 2,638 1,143 Total other long-term obligations $ 93,965 $ 87,912

Convertible Notes

Convertible Notes	12 Months Ended
	Feb. 28, 2017
Convertible Notes	NOTE 21—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 12 — The Company has and intends to continue 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. The convertible notes consisted of the following (in thousands): February 28, 2017 February 29, Liability component: Principal $ 805,000 $ 805,000 Less: debt issuance costs (7,442 ) (10,029 ) Less: debt discount (51,925 ) (71,029 ) Net carrying amount $ 745,633 $ 723,942 Equity component (1) $ 96,890 $ 96,890 (1) Recorded in the Consolidated Balance Sheets 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 28, 2017. 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 (in thousands): Fiscal Years Ended February 28, February 29, February 28, Coupon rate 0.25% per year, payable semiannually $ 2,012 $ 2,012 $ 805 Amortization of convertible note issuance costs—liability component 2,587 2,433 935 Accretion of debt discount 19,104 18,570 7,292 Total interest expense related to convertible notes $ 23,703 $ 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): February 28, 2017 Fair Value Carrying Value Convertible notes $ 745,865 $ 745,633 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.

Unaudited Quarterly Results

Unaudited Quarterly Results	12 Months Ended
	Feb. 28, 2017
Unaudited Quarterly Results	NOTE 22—Unaudited Quarterly Results Below are unaudited condensed quarterly results (in thousands, except per share data): Fiscal Year Ended February 28, 2017 (Unaudited) 4th Quarter 3rd Quarter 2nd Quarter 1st Quarter Revenue: Subscriptions $ 559,588 $ 543,318 $ 531,209 $ 501,665 Training and services 69,252 71,942 68,595 66,234 Total subscription and training and services revenue $ 628,840 $ 615,260 $ 599,804 $ 567,899 Gross profit $ 536,633 $ 524,807 $ 512,134 $ 483,851 Income from operations $ 94,225 $ 80,773 $ 81,884 $ 75,363 Interest income $ 3,754 $ 3,346 $ 3,391 $ 3,430 Interest expense $ 6,002 $ 6,009 $ 5,924 $ 5,887 Other income (expense), net $ (304 ) $ (1,392 ) $ 85 $ (553 ) Net income, basic and diluted $ 65,803 $ 67,943 $ 58,773 $ 61,184 Net income per common share (1): Basic $ 0.37 $ 0.38 $ 0.33 $ 0.34 Diluted $ 0.36 $ 0.37 $ 0.32 $ 0.33 Weighted average shares outstanding: Basic 177,802 179,233 180,322 181,168 Diluted 181,197 182,682 183,346 184,187 (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. Fiscal 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.

Summary of Significant Accoun31

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Feb. 28, 2017
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 Statements of Cash Flows as of February 29, 2016 and February 28, 2015 include the effect of retrospective application of Accounting Standards Update 2016-09, Compensation—Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting With the Company’s permitted election to retrospectively apply this classification amendment, $20.2 million and $5.6 million, respectively, of windfall tax benefits previously reported as cash inflows from financing activities on the Company’s Consolidated Statements of Cash Flows for the fiscal years ended February 29, 2016 and February 28, 2015 have been reclassified as cash inflows from operating activities. 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. In addition to the reclassifications resulting from application of ASU 2016-09, certain other amounts for the fiscal years ended February 29, 2016 and February 28, 2015 have been reclassified to conform to the current year presentation.
Use of estimates	Use of estimates The preparation of financial statements in conformity with accounting principles generally accepted in the U.S. (“U.S. GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the balance sheet dates and the reported amounts of revenue and expenses during the reporting periods. Actual results could differ from such estimates.
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 subscription period. Red Hat technologies are generally offered with either one or three-year base subscription periods; the majority of the Company’s subscriptions have one-year terms. Under these subscription agreements, renewal rates are generally specified for one or three-year renewal terms. Subscriptions generally entitle the end user to the technology itself and post-contract customer support, generally consisting of varying levels of support services as well as access to security updates, fixes, functionality enhancements, upgrades to the technologies, each on an if and when available basis, and compatibility with an ecosystem of certified hardware and software, during the term of the subscription. The Company sells its offerings through two principal channels: (1) direct, which includes sales by the Company’s sales force as well as web store sales, and (2) indirect, which includes certified cloud and service providers (“CCSPs”), distributors, OEMs, systems integrators and value added resellers. The Company recognizes revenue from the sale of Red Hat technologies ratably over the period of the subscription beginning on the commencement date of the subscription agreement. 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 (“VSOE”) 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. 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. 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-cancellable 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 subscription period. The commission payments are paid in full subsequent to the month in which the customer’s service commences. The deferred commission amounts are recoverable through the future revenue streams under the non-cancellable customer contracts. In addition, the Company has the ability and intent under the commission plans with its sales force to recover commissions previously paid to its sales force in the event that customers breach the terms of their subscription agreements and do not fully pay for their subscription agreements. Deferred commissions are included in Prepaid expenses and Other assets, net 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 fiscal years ended February 28, 2017 and February 28, 2015, the Company applied its test for goodwill impairment as permitted by Accounting Standards Update 2011-08, Intangibles—Goodwill and Other (Topic 350): Testing Goodwill for Impairment 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 fiscal years ended February 28, 2017 and February 28, 2015. Consequently, the Company was not required to perform the remaining two-step quantitative goodwill impairment test. For the fiscal 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. 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.
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. Realized gains and losses are recorded using the specific identification method and upon realization, such amounts are reclassified from accumulated other comprehensive income to Other income (expense), net. Realized gains and losses and other than temporary impairments, if any, are reflected in the Company’s Consolidated Statements of Operations as Other 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 17—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 28, 2017 and February 29, 2016, 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 and other equipment, computer software and leasehold improvements, which are recorded at cost and depreciated or amortized using the straight-line method. 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. 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 $95.7 million, $88.9 million and $62.6 million for the fiscal years ended February 28, 2017, February 29, 2016 and February 28, 2015, 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.
Income taxes	Income taxes The Company accounts for income taxes using the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. 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. 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 (expense), 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 that 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 its historical experience and credit evaluation. The Company’s standard credit terms are net 30 days in North America, net 30 to net 45 days in EMEA (Europe, Middle East and Africa) and Latin America, and range from net 30 to net 60 days in Asia Pacific (principally Australia, China, India, Japan, Singapore and South Korea).
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 21—Convertible Notes 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 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 90 locations around the world. The Company manages its international business on an Americas-wide, EMEA-wide and Asia Pacific-wide basis. See NOTE 19—Segment Reporting for further discussion.
Recent accounting pronouncements	Recent accounting pronouncements Accounting pronouncements adopted In March 2016, the Financial Accounting Standards Board (“FASB”) issued ASU 2016-09 to simplify several aspects of the accounting for share-based compensation, including the income tax consequences. This guidance is effective for the Company as of the first quarter of the fiscal year ending February 28, 2018. However, the Company elected to early adopt ASU 2016-09 effective March 1, 2016. Impact to Consolidated Statements of Operations. ASU 2016-09 requires companies to adopt the amendment related to accounting for windfalls and shortfalls on a prospective basis only. As a result, no change has been made to the Consolidated Statements of Operations for the fiscal years ended February 29, 2016 and February 28, 2015 related to the $19.8 million and $6.4 million, respectively, of net windfall tax benefits the Company recognized as additional paid-in capital during the fiscal years ended February 29, 2016 and February 28, 2015. Net windfall tax benefits of $19.8 million recognized as additional paid-in capital during the fiscal year ended February 29, 2016 includes gross windfall tax benefits of $20.2 million net of $0.5 million shortfall tax expense. Net windfall tax benefits of $5.4 million recognized within additional paid-in capital during the fiscal year ended February 28, 2015 includes gross windfall tax benefits of $5.6 million net of $0.3 million shortfall tax expense. Impact to Consolidated Statements of Cash Flows. With respect to the classification of windfall tax benefits on the statement of cash flows, ASU 2016-09 allows companies to elect either a prospective or retrospective application. The Company has elected to apply this classification amendment retrospectively. As a result, $20.2 million and $5.6 million, respectively, of windfall tax benefits previously reported as cash flows from financing activities on the Company’s Consolidated Statements of Cash Flows for the fiscal years ended February 29, 2016 and February 28, 2015 have been reclassified as cash flows from operating activities. Impact to Consolidated Balance Sheets. As of March 1, 2016 Balance Sheet Classification Amount Increase to additional paid-in capital resulting from the Company’s election to recognize forfeitures as they occur rather than applying an estimated forfeiture rate Additional paid-in capital $ 2,369 Recognition of deferred tax assets related to cumulative-effect adjustment from the Company’s election to recognize forfeitures as they occur Deferred tax assets, net $ 603 Recognition of deferred tax assets related to certain unrealized net windfall tax benefits from share-based compensation Deferred tax assets, net $ 1,316 Net charge to retained earnings for cumulative-effect adjustment from adoption of ASU 2016-09 Retained earnings $ 450 In August 2014, the FASB issued Accounting Standards Update 2014-15, Presentation of Financial Statements—Going Concern (Subtopic 205-40), Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern Accounting pronouncements being evaluated In January 2017, the FASB issued Accounting Standards Update 2017-04, Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment . In August 2016, the FASB issued Accounting Standards Update 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments 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 The Company has substantially completed its preliminary assessment of the potential impact that the implementation of this updated standard will have on its consolidated financial statements. With respect to the Company’s software subscription offerings, which accounted for 89%, 88%, and 87% of the Company’s total revenue for the fiscal years ended February 28, 2017, February 29, 2016 and February 28, 2015, respectively, the Company provides value to its customers through continuous aggregation, integration, testing, certification, maintenance, enhancement and support of the open source technologies that it distributes. The Company currently recognizes subscription revenue ratably over the subscription period. Under the updated standard, these subscription attributes represent a series of performance obligations that are delivered over time, primarily on a stand-ready basis (for example, attributes such as updates, upgrades, and support are not forced upon subscribers but rather made available to subscribers). As a result, the Company believes that its subscription revenue meets the criteria for revenue recognition over time and will continue to be recognized ratably under the updated standard. The Company also offers professional consulting and training services that are designed to help customers derive additional value from Red Hat technologies. Under the updated guidance, revenue from professional consulting and training services that were previously sold on a standalone basis will continue to be recognized over time as the Company satisfies its performance obligations by delivering and transferring such services to the customer. With respect to customer contracts with multiple elements (such as software subscriptions and professional consulting and training services), under the current standard the Company allocates total contract revenue to each element’s relative fair value when the Company can demonstrate sufficient VSOE of the fair value of at least those elements that are undelivered. For multiple-element contracts in which one or more of the undelivered elements lacks VSOE, the Company defers recognition of any revenue until the elements lacking VSOE have been delivered. However, under the updated standard, the Company will be required to allocate total contract revenue to each element (referred to as a distinct performance obligation under the updated standard) based on either an established or estimated standalone selling price. The Company would then recognize the allocated revenue as each element (performance obligation) is delivered. Because the Company has historically established VSOE for most of its offerings and as a result has not been required to defer a significant amount of revenue due to insufficient VSOE, the Company does not anticipate the updated standard’s requirement to establish or estimate a standalone selling price, rather than defer revenues in the absence of VSOE, to have a significant impact on the Company’s financial statements. The Company continues to assess the impact of the updated guidance, including for example, any potential changes to and investments in the Company’s policies, processes, systems and internal controls over financial reporting that may be required to comply with new guidance related to variable consideration, contract modifications, allocation of discounts and expanded disclosures. The Company has not yet finalized its decision with respect to transition method.
Identifiable Intangible Assets	Identifiable intangible assets consist primarily of trademarks, copyrights and patents, purchased technologies, customer and reseller relationships, and covenants not to compete, all of which are amortized over the estimated useful life, generally on a straight-line basis, with the exception of customer and reseller relationships, which are generally amortized over the greater of straight-line or the related asset’s pattern of economic benefit. Useful lives range from two to 10 years. As of February 28, 2017 and February 29, 2016, trademarks with an indefinite estimated useful life totaled $10.9 million and $11.1 million, respectively.
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.

Summary of Significant Accoun32

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Feb. 28, 2017
Impact to Consolidated Balance Sheet Including Net Amount Charged to Retained Earnings	The following table summarizes the impact to the Company’s Consolidated Balance Sheet, including the net amount charged to retained earnings as of March 1, 2016 (in thousands): As of March 1, 2016 Balance Sheet Classification Amount Increase to additional paid-in capital resulting from the Company’s election to recognize forfeitures as they occur rather than applying an estimated forfeiture rate Additional paid-in capital $ 2,369 Recognition of deferred tax assets related to cumulative-effect adjustment from the Company’s election to recognize forfeitures as they occur Deferred tax assets, net $ 603 Recognition of deferred tax assets related to certain unrealized net windfall tax benefits from share-based compensation Deferred tax assets, net $ 1,316 Net charge to retained earnings for cumulative-effect adjustment from adoption of ASU 2016-09 Retained earnings $ 450

Business Combinations (Tables)

Business Combinations (Tables)	12 Months Ended
	Feb. 28, 2017
Pro Forma Consolidated Financial Information	The following unaudited pro forma consolidated financial information reflects the results of operations of the Company (in thousands, except per share amounts) as if the acquisition of 3scale, Ansible, FeedHenry, eNovance and Inktank had closed on March 1, 2014, after giving effect to certain purchase accounting adjustments. These pro forma results are not necessarily indicative of what the Company’s operating results would have been had the acquisitions actually taken place at the beginning of the period. Pro forma consolidated financial information for the fiscal year ended February 28, 2017 has not been provided because the acquisition of 3scale would not have had a significant impact on consolidated operating results if the acquisition had closed on March 1, 2016. Fiscal Years Ended February 29, February 28, Revenue $ 2,057,565 $ 1,797,959 Net income 188,825 158,467 Basic net income per common share $ 1.03 $ 0.85 Diluted net income per common share $ 1.01 $ 0.84
Summary of Changes in Goodwill	The following is a summary of goodwill (in thousands): February 28, February 29, February 28, Balance at beginning of year $ 1,027,277 $ 927,060 $ 687,430 Acquisitions 16,923 102,260 260,786 Impact of foreign currency fluctuations (3,636 ) (3,493 ) (21,156 ) Other adjustments 145 1,450 — Balance at end of year $ 1,040,709 $ 1,027,277 $ 927,060

Accounts Receivable (Tables)

Accounts Receivable (Tables)	12 Months Ended
	Feb. 28, 2017
Activities In Allowance For Doubtful Accounts	Activity in the Company’s allowance for doubtful accounts is presented in the following table (in thousands): Fiscal year ended Balance at beginning of period Charged to expense Adjustments (1) Balance at end of period February 28, 2015 $ 1,986 469 (208 ) $ 2,247 February 29, 2016 $ 2,247 1,323 (772 ) $ 2,798 February 28, 2017 $ 2,798 (140 ) 133 $ 2,791 (1) Represents foreign currency translation adjustments and amounts written-off as uncollectible accounts receivable.

Prepaid Expenses (Tables)

Prepaid Expenses (Tables)	12 Months Ended
	Feb. 28, 2017
Schedule of Prepaid Expenses, Including Sales Commissions	Prepaid expenses, including sales commissions, were comprised of the following (in thousands): February 28, February 29, Deferred commissions $ 147,695 $ 102,254 Professional services 24,135 21,160 Taxes 10,734 15,819 Insurance 2,166 2,160 Other 15,879 9,484 Total prepaid expenses $ 200,609 $ 150,877

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Feb. 28, 2017
Schedule of Property and Equipment at Cost	The Company’s property and equipment is recorded at cost and consists of the following (in thousands): Estimated February 28, February 29, Computer and other equipment 3-5 $ 155,615 $ 135,342 Software, including software developed for internal use 5 93,727 85,517 Furniture and fixtures 7 32,260 28,800 Leasehold improvements up to 15 124,060 104,045 Property and equipment—in progress — 15,500 8,001 Property and equipment 421,162 361,705 Less: accumulated depreciation (231,533 ) (194,819 ) Property and equipment, net $ 189,629 $ 166,886
Depreciation Expense Recognized in Consolidated Financial Statements	Depreciation expense recognized in the Company’s Consolidated Financial Statements is summarized as follows (in thousands): Fiscal Years Ended February 28, 2017 February 29, 2016 February 28, 2015 Total depreciation expense $ 54,077 $ 48,909 $ 48,001

Identifiable Intangible Assets

Identifiable Intangible Assets (Tables)	12 Months Ended
	Feb. 28, 2017
Summary of Identifiable Intangible Assets	The following is a summary of identifiable intangible assets (in thousands): February 28, 2017 February 29, 2016 Gross Accumulated Net Gross Accumulated Net Trademarks, copyrights and patents $ 148,850 $ (59,440 ) $ 89,410 $ 138,106 $ (49,876 ) $ 88,230 Purchased technologies 107,078 (80,536 ) 26,542 96,105 (70,940 ) 25,165 Customer and reseller relationships 104,438 (88,046 ) 16,392 104,593 (80,329 ) 24,264 Covenants not to compete 14,081 (12,329 ) 1,752 13,240 (9,875 ) 3,365 Other intangible assets 8,833 (5,162 ) 3,671 8,833 (3,786 ) 5,047 Total identifiable intangible assets $ 383,280 $ (245,513 ) $ 137,767 $ 360,877 $ (214,806 ) $ 146,071
Summary of Change in Identifiable Intangible Assets	The following is a summary of the change in identifiable intangible assets (in thousands): Balance at February 29, 2016 $ 146,071 Purchase of identifiable intangible assets from 3scale, primarily developed technologies 13,130 Purchase of developed software and other intangible assets 11,038 Amortization expense (31,232 ) Impact of foreign currency fluctuations and other adjustments (1,240 ) Balance at February 28, 2017 $ 137,767
Schedule of Amortization Expense Associated with Identifiable Intangible Assets	Amortization expense associated with identifiable intangible assets recognized in the Company’s Consolidated Financial Statements is summarized as follows (in thousands): Fiscal Years Ended February 28, February 29, February 28, Cost of revenue $ 16,938 $ 13,102 $ 12,049 Sales and marketing 7,078 8,075 7,838 Research and development 138 842 2,417 General and administrative 7,078 5,160 5,958 Total amortization expense $ 31,232 $ 27,179 $ 28,262
Schedule of Future Intangibles Amortization Expense	As of February 28, 2017, future amortization expense on existing intangibles is as follows (in thousands): Fiscal Year Amortization 2018 $ 27,392 2019 22,170 2020 18,371 2021 11,867 2022 7,241 Thereafter 39,840 Total amortization expense $ 126,881

Other Assets, Net (Tables)

Other Assets, Net (Tables)	12 Months Ended
	Feb. 28, 2017
Components of Other Assets, Net	Other assets, net were comprised of the following (in thousands): February 28, February 29, Deferred commissions, non-current $ 38,842 $ 8,722 Cost-basis investments 14,778 16,079 Prepaid expenses, non-current 12,209 12,553 Security deposits and other 8,276 7,152 Other assets, net $ 74,105 $ 44,506

Accounts Payable and Accrued 39

Accounts Payable and Accrued Expenses (Tables)	12 Months Ended
	Feb. 28, 2017
Summary of Accounts Payable and Accrued Expenses	Accounts payable and accrued expenses were comprised of the following (in thousands): February 28, February 29, Accounts payable $ 76,197 $ 63,268 Accrued wages and other compensation-related expenses 212,184 137,738 Accrued other trade payables 43,781 45,785 Accrued income and other taxes payable 44,032 37,069 Accrued other 763 942 Total accounts payable and accrued expenses $ 376,957 $ 284,802

Derivative Instruments (Tables)

Derivative Instruments (Tables)	12 Months Ended
	Feb. 28, 2017
Summary of Effects of Derivative Instruments	The effects of derivative instruments on the Company’s Consolidated Financial Statements are as follows (in thousands): Fiscal Year Ended February 28, 2017 As of February 28, 2017 Classification of Gain (Loss) Recognized in Income on Derivatives Amount of Gain (Loss) Recognized in Income on Derivatives Balance Fair Value Notional Value Assets—foreign currency forward contracts not designated as Other current assets $ 135 $ 15,151 Other income (expense), net $ 3,663 Liabilities—foreign currency Accounts payable and accrued expenses (160 ) 33,670 Other income (expense), net (2,970 ) Total $ (25 ) $ 48,821 $ 693 Fiscal Year Ended February 29, 2016 As of February 29, 2016 Classification of Gain (Loss) Recognized in Income on Derivatives Amount of Gain (Loss) Recognized in Income on Derivatives Balance 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

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Feb. 28, 2017
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): Fiscal Years Ended February 28, February 29, February 28, U.S. $ 187,316 $ 155,550 $ 167,388 Foreign 132,864 119,315 88,110 Income before provision for income taxes $ 320,180 $ 274,865 $ 255,498
Schedule of Components of Provision for Income Taxes	The components of the Company’s provision for income taxes consisted of the following (in thousands): Fiscal Years Ended February 28, February 29, February 28, Current: Foreign $ 35,791 $ 39,168 $ 26,325 Federal 16,857 44,872 15,252 State 1,502 5,133 4,090 Current tax expense $ 54,150 $ 89,173 $ 45,667 Deferred: Foreign (4,854 ) (5,170 ) (8,188 ) Federal 17,712 (6,142 ) 36,197 State (531 ) (2,361 ) 1,621 Deferred tax expense (benefit) $ 12,327 $ (13,673 ) $ 29,630 Net provision for income taxes $ 66,477 $ 75,500 $ 75,297
Reconciliation of Statutory Federal Income Tax Rates to Provision for Income	Taxes computed at the statutory federal income tax rates are reconciled to the provision for income taxes as follows (in thousands): Fiscal Years Ended February 28, 2017 February 29, 2016 February 28, 2015 Provision at federal statutory rate $ 112,063 35.0 % $ 96,203 35.0 % $ 89,424 35.0 % State tax, net of federal tax benefit 520 0.2 % 601 0.2 % 4,042 1.6 % Foreign rate differential (1) (11,795 ) (3.7 )% (8,232 ) (3.0 )% (13,983 ) (5.5 )% Foreign dividend — — % — — % 8,720 3.4 % Nondeductible items 3,077 1.0 % 3,426 1.2 % 3,339 1.3 % Share-based compensation (2) (12,749 ) (4.0 )% 149 0.1 % 105 — % Research tax credit (9,532 ) (3.0 )% (5,105 ) (1.9 )% (5,329 ) (2.1 )% Foreign tax credit (8,930 ) (2.8 )% (10,267 ) (3.7 )% (11,755 ) (4.6 )% Domestic production activities deduction (4,601 ) (1.4 )% (5,033 ) (1.8 )% (4,433 ) (1.7 )% Other (1,576 ) (0.5 )% 3,758 1.4 % 5,167 2.1 % Provision for income taxes $ 66,477 20.8 % $ 75,500 27.5 % $ 75,297 29.5 % (1) Foreign rate differential includes a reduction of $1.5 million related to a tax holiday in Israel. The tax holiday provides for a reduced tax rate on income attributable to research and development activities and is scheduled to terminate as of the fiscal year ending February 29, 2020. The financial impact from the tax holiday for the fiscal year ended February 28, 2017 resulted in an increase to the Company’s diluted earnings per share of approximately $0.01. (2) Share-based compensation in the fiscal year ended February 28, 2017 includes $15.8 million net windfall tax benefits from share-based payments resulting from the Company’s early adoption of ASU 2016-09. See NOTE 2—Summary of Significant Accounting Policies for additional discussion regarding the adoption of ASU 2016-09. This windfall is offset by certain stock-based compensation for which the Company receives no tax benefit.
Schedule of Deferred Tax Assets and Liabilities	Significant components of the Company’s deferred tax assets and liabilities consisted of the following (in thousands): February 28, February 29, Deferred tax assets: Foreign net operating loss carryforwards $ 4,218 $ 6,679 Domestic net operating loss carryforwards 5,696 13,202 Domestic credit carryforwards 9,864 7,849 Share-based compensation 51,016 44,276 Deferred revenue 97,258 83,901 Foreign deferred royalty expenses 2,505 9,896 Convertible notes 11,377 15,182 Other 17,077 12,313 Total deferred tax assets 199,011 193,298 Valuation allowance for deferred tax assets (5,621 ) (3,291 ) Total deferred tax assets, net of valuation allowance 193,390 190,007 Deferred tax liabilities: Goodwill 10,757 9,450 Property and equipment 25,163 22,669 Identifiable intangible assets 21,101 21,416 Compensation accruals 30,128 21,415 Other 4,347 3,770 Total deferred tax liabilities 91,496 78,720 Net deferred tax asset (1) $ 101,894 $ 111,287 (1) Net deferred tax asset is reported on the Company’s Consolidated Balance Sheets as Deferred tax assets, net and included in Other long-term obligations.
Schedule of Unrecognized Tax Benefits	The following table reconciles unrecognized tax benefits (in thousands): February 28, February 29, February 28, Balance at beginning of year $ 74,886 $ 60,343 $ 57,054 Additions based on tax positions related to prior years 2,142 13,486 514 Additions based on tax positions related to the current year 4,893 3,494 3,374 (Reductions) additions related to changes in facts and circumstances (2,271 ) 256 (229 ) Reductions related to lapse of the statute of limitations (2,748 ) (1,581 ) (370 ) Reductions related to settlements with tax authorities — (1,112 ) — Balance at end of year $ 76,902 $ 74,886 $ 60,343

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	12 Months Ended
	Feb. 28, 2017
Summary of Accumulated Other Comprehensive Loss	Accumulated other comprehensive loss was comprised of the following (in thousands): February 28, February 29, Accumulated loss from foreign currency translation adjustment $ (87,784 ) $ (73,776 ) Accumulated unrealized loss, net of tax, on available-for-sale securities (568 ) (673 ) Accumulated other comprehensive loss $ (88,352 ) $ (74,449 )

Share-based Awards (Tables)

Share-based Awards (Tables)	12 Months Ended
	Feb. 28, 2017
Summary of Share-Based Awards Granted, by Type	The following table summarizes granted share-based awards by type: Awards Granted in Fiscal Years Ended February 28, 2017 February 29, 2016 February 28, 2015 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 Service-based shares and share units (1) 2,212,006 $ 75.62 2,108,639 $ 76.45 2,994,553 $ 53.23 Performance-based share units—Maximum 725,004 $ 76.68 628,596 $ 77.87 1,148,084 $ 52.17 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 2,937,010 $ 75.88 2,856,750 $ 76.00 4,890,863 $ 52.93 (1) Service-based shares granted during the fiscal year ended February 28, 2017 include 140,182 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 the fiscal year ended February 28, 2017 (the “RSA performance goal”). The RSA performance goal for the fiscal year ended February 28, 2017 was met. Therefore, as of February 28, 2017 only the service condition remained with 25% vesting on July 17, 2017, 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 (in thousands): Fiscal Years Ended February 28, February 29, February 28, Cost of revenue $ 16,553 $ 15,898 $ 14,027 Sales and marketing 93,378 69,089 55,203 Research and development 52,424 48,466 38,517 General and administrative 30,175 32,781 27,485 Total share-based compensation expense $ 192,530 $ 166,234 $ 135,232 (1) Total share-based compensation expense of $192.5 million includes $5.0 million of expense related to the Company’s employee stock purchase plan (“ESPP”). See NOTE 16—Employee Benefit Plans for information regarding the ESPP.
Service-Based Shares and Share Units
Total share-based compensation expense recognized	The total share-based compensation expense related to service-based share awards recognized in the Company’s Consolidated Financial Statements was as follows (in thousands): Fiscal Years Ended February 28, February 29, February 28, Share-based compensation expense—service-based awards $ 147,843 $ 124,904 $ 107,887
Activity for Service-Based Share Units	The following table summarizes the activity for the Company’s service-based share awards: Nonvested Weighted Average 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 Granted 2,212,006 75.62 Vested (2,409,518 ) 57.42 Forfeited (313,162 ) 64.36 Service-based share awards at February 28, 2017 5,664,200 $ 67.01 (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.
Intrinsic Value of Service-Based Awards	The following summarizes the intrinsic value as of February 28, 2017 of the Company’s service-based awards outstanding: Number of Weighted Average Intrinsic Value at Outstanding 5,664,200 2.6 $ 469,052
Total Intrinsic Value of Share-Based Awards Vesting	The intrinsic value of service-based awards vesting was as follows (in thousands): Fiscal Years Ended February 28, February 29, February 28, Total intrinsic value of service-based awards vesting $ 181,691 $ 157,864 $ 108,066
Stock Options
Total share-based compensation expense recognized	The total share-based compensation expense related to stock options recognized in the Consolidated Financial Statements was as follows (in thousands): Fiscal Years Ended February 28, February 29, February 28, Share-based compensation expense—stock options $ 4,813 $ 4,918 $ 5,085
Total Intrinsic Value of Stock Options Exercised	The intrinsic value of stock options exercised was as follows (in thousands): Fiscal Years Ended February 28, February 29, February 28, Total intrinsic value of stock options exercised $ 7,928 $ 9,103 $ 6,289
Performance Share Units
Total share-based compensation expense recognized	The total share-based compensation expense related to performance-based share awards recognized in the Company’s Consolidated Financial Statements was as follows (in thousands): Fiscal Years Ended February 28, February 29, February 28, Share-based compensation expense—performance-based awards $ 34,865 $ 36,412 $ 22,260
Total Intrinsic Value of Share-Based Awards Vesting	The total intrinsic value of performance-based share awards vesting was as follows (in thousands): Fiscal Years Ended February 28, February 29, February 28, Total intrinsic value of performance-based awards vesting $ 36,768 $ 36,555 $ 18,733
Activity for Performance-Based Share Units	The following table summarizes the activity for the Company’s PSUs: Maximum (1) Activity Shares Weighted Average 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 Granted 725,004 76.68 Vested (492,518 ) 48.94 Forfeited (346,102 ) 62.68 Outstanding at February 28, 2017 1,935,895 $ 67.27 (1) 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.

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Feb. 28, 2017
Schedule Of Future Minimum Lease Payments Required Under Operating Leases	As of February 28, 2017, the Company leased office space and certain equipment under various non-cancellable operating leases. Future minimum lease payments required under the operating leases at February 28, 2017 are as follows (in thousands): Fiscal Year Operating Leases 2018 $ 56,068 2019 49,856 2020 42,851 2021 36,514 2022 31,640 Thereafter 72,873 Total minimum lease payments $ 289,802
Rent Expense Under Operating Leases	Rent expense under operating leases is provided in the following table (in thousands): Fiscal Years Ended February 28, February 29, February 28, Total operating lease expense $ 44,228 $ 38,152 $ 36,581

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	12 Months Ended
	Feb. 28, 2017
Defined Contribution Plans Disclosures	The Company has the option to make contributions to the plans and contributed to the plans as follows (in thousands): Fiscal Years Ended February 28, February 29, February 28, Total contributions to employee benefit plans $ 32,839 $ 25,731 $ 21,721

Assets and Liabilities Measur46

Assets and Liabilities Measured at Fair Value on a Recurring Basis (Tables)	12 Months Ended
	Feb. 28, 2017
Fair Value of Assets and Liabilities Measured at Fair Value on a Recurring Basis	The following table summarizes the composition and fair value hierarchy of the Company’s financial assets and liabilities at February 28, 2017 (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) $ 258,188 $ 258,188 $ — $ — Available-for-sale securities (1): U.S. agency securities 327,430 — 327,430 — Corporate securities 714,993 — 714,993 — Foreign currency derivatives (2) 135 — 135 — Liabilities: Foreign currency derivatives (3) (160 ) — (160 ) — Total $ 1,300,586 $ 258,188 $ 1,042,398 $ — (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, 2017 in addition to $832.6 million of cash. (2) Included in Other current assets in the Company’s Consolidated Balance Sheet at February 28, 2017. (3) Included in Accounts payable and accrued expenses in the Company’s Consolidated Balance Sheet at February 28, 2017. 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.
Investments Measured at Fair Value	The following table represents the Company’s investments measured at fair value as of February 28, 2017 (in thousands): Balance Sheet Classification Amortized Cost Gross Unrealized Aggregate Fair Value Cash Equivalent Marketable Securities Investments Investments Gains Losses(1) Money markets $ 258,188 $ — $ — $ 258,188 $ 258,188 $ — $ — U.S. agency securities 329,617 37 (2,224 ) 327,430 — 27,593 299,837 Corporate securities 714,226 1,416 (649 ) 714,993 — 342,390 372,603 Total $ 1,302,031 $ 1,453 $ (2,873 ) $ 1,300,611 $ 258,188 $ 369,983 $ 672,440 (1) As of February 28, 2017, there were $0.6 million of accumulated unrealized losses related to investments that have been in a continuous unrealized loss position for 12 months or longer. The aggregate related fair value of investments with unrealized losses was $605.9 million. 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 Investments 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 aggregate related fair value of investments with unrealized losses was $608.8 million.
Summary of Stated Maturities of Investment in Debt Securities	The following table summarizes the stated maturities of the Company’s investment in available-for-sale securities (in thousands): As of Less than 1-5 Years More than Maturity of current and long-term available-for-sale securities $ 1,042,423 $ 369,984 $ 672,439 $ —

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Feb. 28, 2017
Reconciliation of Numerators and Denominators of Earnings Per Share Calculation	The following table reconciles the numerators and denominators of the earnings per share (“EPS”) calculation (in thousands, except per share amounts): Fiscal Years Ended February 28, February 29, February 28, Net income, basic and diluted $ 253,703 $ 199,365 $ 180,201 Weighted average common shares outstanding 179,642 182,817 186,529 Incremental shares attributable to assumed vesting or exercise of outstanding equity award shares 3,027 3,020 2,717 Dilutive effect of convertible notes 292 282 — Diluted shares 182,961 186,119 189,246 Net income per share - diluted $ 1.39 $ 1.07 $ 0.95
Shares Considered Anti-Dilutive for Calculating Diluted EPS	The following share awards are not included in the computation of diluted EPS because the aggregate value of proceeds considered received upon either exercise or vesting was greater than the average market price of the Company’s common stock during the related periods and the effect of including such share awards in the computation would be anti-dilutive (in thousands): Fiscal Years Ended February 28, February 29, February 28, Number of shares considered anti-dilutive for calculating diluted EPS 77 21 121

Segment Reporting (Tables)

Segment Reporting (Tables)	12 Months Ended
	Feb. 28, 2017
Summary of Revenue, Income (Loss) from Operations, Total Assets and Total Cash, Cash Equivalents and Available-for-Sale Investment Securities by Geographic Segment	The following summarizes revenue from unaffiliated customers; income (loss) from operations; total cash, cash equivalents and available-for-sale investment securities and total assets by geographic segment (in thousands): Americas EMEA Asia Pacific Corporate(1) Consolidated Fiscal Year Ended February 28, 2017 Revenue from unaffiliated customers $ 1,555,290 $ 515,642 $ 340,871 $ — $ 2,411,803 Income (loss) from operations $ 318,244 $ 106,769 $ 99,762 $ (192,530 ) $ 332,245 Total cash, cash equivalents and available-for-sale investment securities $ 1,100,827 $ 706,028 $ 326,376 $ — $ 2,133,231 Total assets $ 2,974,734 $ 1,075,422 $ 485,029 $ — $ 4,535,185 Fiscal 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 Fiscal 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 $ 2,755,923 $ 726,101 $ 302,545 $ — $ 3,784,569 (1) Amounts represent share-based compensation expense that was not allocated to geographic segments.
Summary of Revenue from Unaffiliated Customers	The following table lists revenue from unaffiliated customers in the United States, the Company’s country of domicile, and revenue from foreign countries (in thousands): Fiscal Years Ended February 28, February 29, February 28, United States, the Company’s country of domicile $ 1,400,228 $ 1,213,493 $ 1,022,803 Foreign 1,011,575 838,737 766,686 Total revenue from unaffiliated customers $ 2,411,803 $ 2,052,230 $ 1,789,489
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 (in thousands): February 28, February 29, February 28, United States, the Company’s country of domicile $ 133,492 $ 126,937 $ 131,792 Foreign 56,137 39,949 40,359 Total tangible long-lived assets $ 189,629 $ 166,886 $ 172,151
Summary of Subscription Revenue and Services by Technology Classes	The following table 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 Application Platform and Red Hat cloud offerings such as Red Hat OpenStack Platform and Red Hat OpenShift (in thousands): Fiscal Years Ended February 28, February 29, February 28, Subscription revenue: Infrastructure-related offerings $ 1,696,443 $ 1,480,463 $ 1,324,693 Application Development-related and other emerging technology offerings 439,337 322,986 236,541 Total subscription revenue 2,135,780 1,803,449 1,561,234 Training and services revenue: Consulting services 207,959 190,870 171,436 Training 68,064 57,911 56,819 Total training and services revenue 276,023 248,781 228,255 Total revenue $ 2,411,803 $ 2,052,230 $ 1,789,489

Other Long-Term Obligations (Ta

Other Long-Term Obligations (Tables)	12 Months Ended
	Feb. 28, 2017
Other Long-Term Obligations	Other long-term obligations were comprised of the following (in thousands): February 28, February 29, Accrued income taxes $ 76,718 $ 73,403 Deferred rent credits 11,670 13,197 Net deferred tax liability, non-current 2,939 169 Other 2,638 1,143 Total other long-term obligations $ 93,965 $ 87,912

Convertible Notes (Tables)

Convertible Notes (Tables)	12 Months Ended
	Feb. 28, 2017
Components of Convertible Notes	The convertible notes consisted of the following (in thousands): February 28, 2017 February 29, Liability component: Principal $ 805,000 $ 805,000 Less: debt issuance costs (7,442 ) (10,029 ) Less: debt discount (51,925 ) (71,029 ) Net carrying amount $ 745,633 $ 723,942 Equity component (1) $ 96,890 $ 96,890 (1) Recorded in the Consolidated Balance Sheets in Additional paid-in capital.
Schedule of Total Interest Expense Recognized Related to Convertible Notes	The following table includes total interest expense recognized related to the convertible notes (in thousands): Fiscal Years Ended February 28, February 29, February 28, Coupon rate 0.25% per year, payable semiannually $ 2,012 $ 2,012 $ 805 Amortization of convertible note issuance costs—liability component 2,587 2,433 935 Accretion of debt discount 19,104 18,570 7,292 Total interest expense related to convertible notes $ 23,703 $ 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): February 28, 2017 Fair Value Carrying Value Convertible notes $ 745,865 $ 745,633

Unaudited Quarterly Results (Ta

Unaudited Quarterly Results (Tables)	12 Months Ended
	Feb. 28, 2017
Schedule Of Unaudited Quarterly Results	Below are unaudited condensed quarterly results (in thousands, except per share data): Fiscal Year Ended February 28, 2017 (Unaudited) 4th Quarter 3rd Quarter 2nd Quarter 1st Quarter Revenue: Subscriptions $ 559,588 $ 543,318 $ 531,209 $ 501,665 Training and services 69,252 71,942 68,595 66,234 Total subscription and training and services revenue $ 628,840 $ 615,260 $ 599,804 $ 567,899 Gross profit $ 536,633 $ 524,807 $ 512,134 $ 483,851 Income from operations $ 94,225 $ 80,773 $ 81,884 $ 75,363 Interest income $ 3,754 $ 3,346 $ 3,391 $ 3,430 Interest expense $ 6,002 $ 6,009 $ 5,924 $ 5,887 Other income (expense), net $ (304 ) $ (1,392 ) $ 85 $ (553 ) Net income, basic and diluted $ 65,803 $ 67,943 $ 58,773 $ 61,184 Net income per common share (1): Basic $ 0.37 $ 0.38 $ 0.33 $ 0.34 Diluted $ 0.36 $ 0.37 $ 0.32 $ 0.33 Weighted average shares outstanding: Basic 177,802 179,233 180,322 181,168 Diluted 181,197 182,682 183,346 184,187 (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. Fiscal 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.

Summary of Significant Accoun52

Summary of Significant Accounting Policies - Additional Information (Detail)	12 Months Ended
	Feb. 28, 2017USD ($)Location	Feb. 29, 2016USD ($)	Feb. 28, 2015USD ($)	Oct. 07, 2014
Significant Accounting Policies [Line Items]
Goodwill impairments	$ 0	$ 0	$ 0
Cash and cash equivalents maturity period (in months)	3 months
Total advertising expense	$ 95,700,000	88,900,000	62,600,000
Number of locations of offices | Location	90
Description of accounting pronouncement adoption	In March 2016, the Financial Accounting Standards Board ("FASB") issued ASU 2016-09 to simplify several aspects of the accounting for share-based compensation, including the income tax consequences. This guidance is effective for the Company as of the first quarter of the fiscal year ending February 28, 2018. However, the Company elected to early adopt ASU 2016-09 effective March 1, 2016.
Discrete tax benefits related to net windfall tax benefits from share-based compensation	$ 15,800,000
Net windfall tax benefits recognized as additional paid-in capital		19,772,000	6,436,000
Gross windfall tax benefits		20,200,000	5,600,000
Gross shortfall tax expense		$ 500,000	$ 300,000
0.25% Convertible Senior Notes due 2019
Significant Accounting Policies [Line Items]
Debt instrument, interest rate	0.25%	0.25%	0.25%	0.25%
Minimum
Significant Accounting Policies [Line Items]
Subscription period (years)	1 year
Renewal period (years)	1 year
Maximum
Significant Accounting Policies [Line Items]
Subscription period (years)	3 years
Renewal period (years)	3 years
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
Software and Software Development Costs
Significant Accounting Policies [Line Items]
Estimated useful life of internal use computer software	5 years
Capital Lease Assets
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.
Net Windfall Tax Benefit
Significant Accounting Policies [Line Items]
Net windfall tax benefits recognized as additional paid-in capital			$ 5,400,000
New accounting pronouncement, early adoption, effect
Significant Accounting Policies [Line Items]
Discrete tax benefits related to net windfall tax benefits from share-based compensation	$ 15,800,000
Accounting Standards Update 2016-09 | New accounting pronouncement, early adoption, effect | Excess Tax Benefit from Share Based Compensation Operating Activities
Significant Accounting Policies [Line Items]
Reclassify excess tax benefits from share-based payment arrangements		$ 20,200,000	$ 5,600,000

Consolidated Balance Sheet Incl

Consolidated Balance Sheet Including Net Amount Charged to Retained Earnings (Detail) - USD ($) $ in Thousands	Feb. 28, 2017	Mar. 01, 2016
New Accounting Pronouncement, Early Adoption [Line Items]
Cumulative-effect adjustment from adoption of ASU 2016-09	$ 1,919
Additional Paid-In Capital
New Accounting Pronouncement, Early Adoption [Line Items]
Cumulative-effect adjustment from adoption of ASU 2016-09	2,369
Retained Earnings
New Accounting Pronouncement, Early Adoption [Line Items]
Cumulative-effect adjustment from adoption of ASU 2016-09	$ (450)
Accounting Standards Update 2016-09 | Deferred Tax Assets | Recognition related to election to recognize forfeitures as they occur | New accounting pronouncement, early adoption, effect
New Accounting Pronouncement, Early Adoption [Line Items]
Cumulative-effect adjustment from adoption of ASU 2016-09		$ 603
Accounting Standards Update 2016-09 | Deferred Tax Assets | Recognition related to unrealized net windfall tax benefits from share-based compensation | New accounting pronouncement, early adoption, effect
New Accounting Pronouncement, Early Adoption [Line Items]
Cumulative-effect adjustment from adoption of ASU 2016-09		1,316
Accounting Standards Update 2016-09 | Additional Paid-In Capital | Increases from election to recognize forfeitures as they occur | New accounting pronouncement, early adoption, effect
New Accounting Pronouncement, Early Adoption [Line Items]
Cumulative-effect adjustment from adoption of ASU 2016-09		2,369
Accounting Standards Update 2016-09 | Retained Earnings | New accounting pronouncement, early adoption, effect
New Accounting Pronouncement, Early Adoption [Line Items]
Cumulative-effect adjustment from adoption of ASU 2016-09		$ (450)

Business Combinations - Additio

Business Combinations - Additional Information (Detail) - USD ($) $ in Thousands		Jun. 24, 2016	Oct. 16, 2015	Oct. 08, 2014	Jun. 24, 2014	Apr. 30, 2014	Feb. 28, 2017	Feb. 29, 2016	Feb. 28, 2015
Business Acquisition [Line Items]
Goodwill acquired							$ 16,923	$ 102,260	$ 260,786
Restricted Share Awards
Business Acquisition [Line Items]
Shares and Share units, Shares and Shares Underlying Awards	[1]								529,057
3scale, Inc.
Business Acquisition [Line Items]
Cash consideration paid		$ 29,100
Goodwill acquired		16,900
Identifiable intangible assets acquired		13,100
Net working capital		$ 900
3scale, Inc. | General and Administrative Expense
Business Acquisition [Line Items]
Business acquisition, related costs							$ 1,800
Ansible, Inc
Business Acquisition [Line Items]
Cash consideration paid			$ 125,200
Goodwill acquired			102,300
Identifiable intangible assets acquired			25,100
Net working capital			1,400
Business combination, consideration transferred			$ 126,000
Business acquisition, transaction costs								$ 3,900
FeedHenry
Business Acquisition [Line Items]
Cash consideration paid				$ 80,200
Goodwill acquired				68,500
Identifiable intangible assets acquired				9,000
Net working capital				$ 2,700
FeedHenry | General and Administrative Expense
Business Acquisition [Line Items]
Business acquisition, related costs									$ 1,100
eNovance, SAS
Business Acquisition [Line Items]
Cash consideration paid					$ 67,600
Goodwill acquired					60,800
Identifiable intangible assets acquired					5,300
Net working capital					$ 1,500
eNovance, SAS | Restricted Share Awards
Business Acquisition [Line Items]
Shares and Share units, Shares and Shares Underlying Awards									529,057
eNovance, SAS | General and Administrative Expense
Business Acquisition [Line Items]
Business acquisition, related costs									$ 900
Inktank Storage, Inc.
Business Acquisition [Line Items]
Cash consideration paid						$ 152,500
Goodwill acquired						131,400
Identifiable intangible assets acquired						10,800
Net working capital						$ 10,300
Inktank Storage, Inc. | General and Administrative Expense
Business Acquisition [Line Items]
Business acquisition, related costs									$ 2,000
[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.

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
Business Acquisition [Line Items]
Revenue	$ 2,057,565	$ 1,797,959
Net income	$ 188,825	$ 158,467
Basic net income per common share	$ 1.03	$ 0.85
Diluted net income per common share	$ 1.01	$ 0.84

Summary of Changes in Goodwill

Summary of Changes in Goodwill (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 28, 2017	Feb. 29, 2016	Feb. 28, 2015
Goodwill [Line Items]
Goodwill, beginning balance	$ 1,027,277	$ 927,060	$ 687,430
Acquisitions	16,923	102,260	260,786
Impact of foreign currency fluctuations	(3,636)	(3,493)	(21,156)
Other adjustments	145	1,450
Goodwill, ending balance	$ 1,040,709	$ 1,027,277	$ 927,060

Activities In Allowance For Dou

Activities In Allowance For Doubtful Accounts (Detail) - Allowance for Doubtful Accounts - USD ($) $ in Thousands		12 Months Ended
		Feb. 28, 2017	Feb. 29, 2016	Feb. 28, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Balance at beginning of period		$ 2,798	$ 2,247	$ 1,986
Charged to (recovery of) expense		(140)	1,323	469
Adjustments	[1]	133	(772)	(208)
Balance at end of period		$ 2,791	$ 2,798	$ 2,247
[1]	Represents foreign currency translation adjustments and amounts written-off as uncollectible accounts receivable.

Account Receivables - Additiona

Account Receivables - Additional Information (Detail) - Customer	Feb. 28, 2017	Feb. 29, 2016
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. 28, 2017	Feb. 29, 2016
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Line Items]
Deferred commissions	$ 147,695	$ 102,254
Professional services	24,135	21,160
Taxes	10,734	15,819
Insurance	2,166	2,160
Other	15,879	9,484
Total prepaid expenses	$ 200,609	$ 150,877

Schedule Of Property And Equipm

Schedule Of Property And Equipment At Cost (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 28, 2017	Feb. 29, 2016	Feb. 28, 2015
Property, Plant and Equipment [Line Items]
Computer and other equipment	$ 155,615	$ 135,342
Software, including software developed for internal use	93,727	85,517
Furniture and fixtures	32,260	28,800
Leasehold improvements	124,060	104,045
Property and equipment-in progress	15,500	8,001
Property and equipment	421,162	361,705
Less: accumulated depreciation	(231,533)	(194,819)
Property and equipment, net	$ 189,629	$ 166,886	$ 172,151
Computer and Other Equipment | Minimum
Property, Plant and Equipment [Line Items]
Useful lives of property and equipment	3 years	3 years
Computer and Other Equipment | Maximum
Property, Plant and Equipment [Line Items]
Useful lives of property and equipment	5 years	5 years
Computer Software
Property, Plant and Equipment [Line Items]
Useful lives of property and equipment	5 years	5 years
Furniture and Fixtures
Property, Plant and Equipment [Line Items]
Useful lives of property and equipment	7 years	7 years
Leasehold Improvements | Maximum
Property, Plant and Equipment [Line Items]
Useful lives of property and equipment	15 years	15 years

Property And Equipment - Additi

Property And Equipment - Additional Information (Detail)	12 Months Ended
	Feb. 28, 2017	Feb. 29, 2016
Leasehold Improvements | Maximum
Property, Plant and Equipment [Line Items]
Useful lives of property and equipment	15 years	15 years

Depreciation Expense Recognized

Depreciation Expense Recognized in Consolidated Financial Statements (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 28, 2017	Feb. 29, 2016	Feb. 28, 2015
Property, Plant and Equipment [Line Items]
Total depreciation expense	$ 54,077	$ 48,909	$ 48,001

Identifiable Intangible Asset63

Identifiable Intangible Assets - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Feb. 28, 2017	Feb. 29, 2016
Acquired Finite-Lived Intangible Assets [Line Items]
Carrying amount for trademarks with an indefinite estimated useful life	$ 10.9	$ 11.1
Minimum
Acquired Finite-Lived Intangible Assets [Line Items]
Total identified intangible assets, useful life (in years)	2 years
Maximum
Acquired Finite-Lived Intangible Assets [Line Items]
Total identified intangible assets, useful life (in years)	10 years

Summary of Identifiable Intangi

Summary of Identifiable Intangible Assets (Detail) - USD ($) $ in Thousands	Feb. 28, 2017	Feb. 29, 2016
Finite-Lived Intangible Assets [Line Items]
Gross Amount	$ 383,280	$ 360,877
Accumulated Amortization	(245,513)	(214,806)
Net Amount	137,767	146,071
Trademarks, Copyrights and Patents
Finite-Lived Intangible Assets [Line Items]
Gross Amount	148,850	138,106
Accumulated Amortization	(59,440)	(49,876)
Net Amount	89,410	88,230
Purchased Technologies
Finite-Lived Intangible Assets [Line Items]
Gross Amount	107,078	96,105
Accumulated Amortization	(80,536)	(70,940)
Net Amount	26,542	25,165
Customer Relationships
Finite-Lived Intangible Assets [Line Items]
Gross Amount	104,438	104,593
Accumulated Amortization	(88,046)	(80,329)
Net Amount	16,392	24,264
Covenants not to compete
Finite-Lived Intangible Assets [Line Items]
Gross Amount	14,081	13,240
Accumulated Amortization	(12,329)	(9,875)
Net Amount	1,752	3,365
Other Intangible Assets
Finite-Lived Intangible Assets [Line Items]
Gross Amount	8,833	8,833
Accumulated Amortization	(5,162)	(3,786)
Net Amount	$ 3,671	$ 5,047

Summary of Change in Identifiab

Summary of Change in Identifiable Intangible Assets (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 28, 2017	Feb. 29, 2016	Feb. 28, 2015
Identifiable Intangible Assets [Line Items]
Balance at February 29, 2016	$ 146,071
Purchase of identifiable intangible assets from 3scale, primarily developed technologies	13,130
Purchase of developed software and other intangible assets	11,038
Amortization expense	(31,232)	$ (27,179)	$ (28,262)
Impact of foreign currency fluctuations and other adjustments	(1,240)
Balance at February 28, 2017	$ 137,767	$ 146,071

Schedule of Amortization Expens

Schedule of Amortization Expense Associated with Identifiable Intangible Assets (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 28, 2017	Feb. 29, 2016	Feb. 28, 2015
Finite-Lived Intangible Assets [Line Items]
Total amortization expense	$ 31,232	$ 27,179	$ 28,262
Cost of Revenue
Finite-Lived Intangible Assets [Line Items]
Total amortization expense	16,938	13,102	12,049
Sales and Marketing
Finite-Lived Intangible Assets [Line Items]
Total amortization expense	7,078	8,075	7,838
Research and Development
Finite-Lived Intangible Assets [Line Items]
Total amortization expense	138	842	2,417
General and Administrative Expense
Finite-Lived Intangible Assets [Line Items]
Total amortization expense	$ 7,078	$ 5,160	$ 5,958

Schedule of Future Intangibles

Schedule of Future Intangibles Amortization Expense (Detail) $ in Thousands	Feb. 28, 2017USD ($)
Finite-Lived Intangible Assets [Line Items]
2,018	$ 27,392
2,019	22,170
2,020	18,371
2,021	11,867
2,022	7,241
Thereafter	39,840
Total amortization expense	$ 126,881

Components of Other Assets ,Net

Components of Other Assets ,Net (Detail) - USD ($) $ in Thousands	Feb. 28, 2017	Feb. 29, 2016
Other Assets [Line Items]
Deferred commissions, non-current	$ 38,842	$ 8,722
Cost-basis investments	14,778	16,079
Prepaid expenses, non-current	12,209	12,553
Security deposits and other	8,276	7,152
Other assets, net	$ 74,105	$ 44,506

Other Assets, Net - Additional

Other Assets, Net - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Feb. 28, 2017	Feb. 29, 2016	Feb. 28, 2015
Other Assets [Line Items]
Loss on investments recognized	$ 2	$ 2.8	$ 4.6

Summary of Accounts Payable and

Summary of Accounts Payable and Accrued Expenses (Detail) - USD ($) $ in Thousands	Feb. 28, 2017	Feb. 29, 2016
Accounts Payable and Accrued Liabilities [Line Items]
Accounts payable	$ 76,197	$ 63,268
Accrued wages and other compensation-related expenses	212,184	137,738
Accrued other trade payables	43,781	45,785
Accrued income and other taxes payable	44,032	37,069
Accrued other	763	942
Total accounts payable and accrued expenses	$ 376,957	$ 284,802

Summary of Effects of Derivativ

Summary of Effects of Derivative Instruments (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 28, 2017	Feb. 29, 2016
Derivative [Line Items]
Total, Fair Value	$ (25)	$ 114
Notional value of foreign currency forward contracts not designated as hedges	48,821	72,604
Amount of Gain (Loss) Recognized in Income on Derivatives	693	31
Other Current Assets
Derivative [Line Items]
Assets-foreign currency forward contracts not designated as hedges	135	566
Notional value of foreign currency forward contracts not designated as hedges, assets	15,151	31,390
Accounts Payable and Accrued Expenses
Derivative [Line Items]
Liabilities-foreign currency forward contracts not designated as hedges	(160)	(452)
Notional value of foreign currency forward contracts not designated as hedges, liabilities	33,670	41,214
Other Income (Expense), Net | Derivative Liabilities
Derivative [Line Items]
Amount of Gain (Loss) Recognized in Income on Derivatives	(2,970)	(1,195)
Other Income (Expense), Net | Derivative Assets
Derivative [Line Items]
Amount of Gain (Loss) Recognized in Income on Derivatives	$ 3,663	$ 1,226

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. 28, 2017	Feb. 29, 2016	Feb. 28, 2015
Schedule of Income Before Income Tax [Line Items]
U.S.	$ 187,316	$ 155,550	$ 167,388
Foreign	132,864	119,315	88,110
Income before provision for income taxes	$ 320,180	$ 274,865	$ 255,498

Schedule of Components of Provi

Schedule of Components of Provision for Income Taxes (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 28, 2017	Feb. 29, 2016	Feb. 28, 2015
Components Of Income Tax Expense Benefit [Line Items]
Current, Foreign	$ 35,791	$ 39,168	$ 26,325
Current, Federal	16,857	44,872	15,252
Current, State	1,502	5,133	4,090
Current tax expense	54,150	89,173	45,667
Deferred, Foreign	(4,854)	(5,170)	(8,188)
Deferred, Federal	17,712	(6,142)	36,197
Deferred, State	(531)	(2,361)	1,621
Deferred tax expense (benefit)	12,327	(13,673)	29,630
Net provision for income taxes	$ 66,477	$ 75,500	$ 75,297

Reconciliation of Statutory Fed

Reconciliation of Statutory Federal Income Tax Rates to Provision for Income Taxes (Detail) - USD ($) $ in Thousands		12 Months Ended
		Feb. 28, 2017	Feb. 29, 2016	Feb. 28, 2015
Schedule of Effective Tax Rate Reconciliation [Line Items]
Provision at federal statutory rate		$ 112,063	$ 96,203	$ 89,424
State tax, net of federal tax benefit		520	601	4,042
Foreign rate differential	[1]	(11,795)	(8,232)	(13,983)
Foreign dividend				8,720
Nondeductible items		3,077	3,426	3,339
Share-based compensation	[2]	(12,749)	149	105
Research tax credit		(9,532)	(5,105)	(5,329)
Foreign tax credit		(8,930)	(10,267)	(11,755)
Domestic production activities deduction		(4,601)	(5,033)	(4,433)
Other		(1,576)	3,758	5,167
Net provision for income taxes		$ 66,477	$ 75,500	$ 75,297
Provision at federal statutory rate		35.00%	35.00%	35.00%
State tax, net of federal tax benefit		0.20%	0.20%	1.60%
Foreign rate differential	[1]	(3.70%)	(3.00%)	(5.50%)
Foreign dividend				3.40%
Nondeductible items		1.00%	1.20%	1.30%
Share-based compensation	[2]	(4.00%)	0.10%
Research tax credit		(3.00%)	(1.90%)	(2.10%)
Foreign tax credit		(2.80%)	(3.70%)	(4.60%)
Domestic production activities deduction		(1.40%)	(1.80%)	(1.70%)
Other		(0.50%)	1.40%	2.10%
Provision for income taxes		20.80%	27.50%	29.50%
[1]	Foreign rate differential includes a reduction of $1.5 million related to a tax holiday in Israel. The tax holiday provides for a reduced tax rate on income attributable to research and development activities and is scheduled to terminate as of the fiscal year ending February 29, 2020. The financial impact from the tax holiday for the fiscal year ended February 28, 2017 resulted in an increase to the Company's diluted earnings per share of approximately $0.01.
[2]	Share-based compensation in the fiscal year ended February 28, 2017 includes $15.8 million net windfall tax benefits from share-based payments resulting from the Company's early adoption of ASU 2016-09. See NOTE 2-Summary of Significant Accounting Policies for additional discussion regarding the adoption of ASU 2016-09. This windfall is offset by certain stock-based compensation for which the Company receives no tax benefit.

Reconciliation of Statutory F75

Reconciliation of Statutory Federal Income Tax Rates to Provision for Income Taxes (Parenthetical) (Detail) $ / shares in Units, $ in Millions	12 Months Ended
	Feb. 28, 2017USD ($)$ / shares
Schedule of Effective Tax Rate Reconciliation [Line Items]
Windfall tax benefit	$ 15.8
ISRAEL
Schedule of Effective Tax Rate Reconciliation [Line Items]
Tax holiday scheduled to terminate	February 29, 2020
Income tax holiday, description	Foreign rate differential includes a reduction of $1.5 million related to a tax holiday in Israel. The tax holiday provides for a reduced tax rate on income attributable to research and development activities and is scheduled to terminate as of the fiscal year ending February 29, 2020.
Reduction in the provision for income taxes	$ 1.5
Increase in diluted earnings per share | $ / shares	$ 0.01

Schedule of Deferred Tax Assets

Schedule of Deferred Tax Assets and Liabilities (Detail) - USD ($) $ in Thousands		Feb. 28, 2017	Feb. 29, 2016
Deferred tax assets
Foreign net operating loss carryforwards		$ 4,218	$ 6,679
Domestic net operating loss carryforwards		5,696	13,202
Domestic credit carryforwards		9,864	7,849
Share-based compensation		51,016	44,276
Deferred revenue		97,258	83,901
Foreign deferred royalty expenses		2,505	9,896
Convertible notes		11,377	15,182
Other		17,077	12,313
Total deferred tax assets		199,011	193,298
Valuation allowance for deferred tax assets		(5,621)	(3,291)
Total deferred tax assets, net of valuation allowance		193,390	190,007
Deferred tax liabilities
Goodwill		10,757	9,450
Property and equipment		25,163	22,669
Identifiable intangible assets		21,101	21,416
Compensation accruals		30,128	21,415
Other		4,347	3,770
Total deferred tax liabilities		91,496	78,720
Net deferred tax asset	[1]	$ 101,894	$ 111,287
[1]	Net deferred tax asset is reported on the Company's Consolidated Balance Sheets as Deferred tax assets, net and included in Other long-term obligations.

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Feb. 28, 2017	Feb. 29, 2016	Feb. 28, 2015
Income Taxes [Line Items]
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount	$ 2.3
Valuation Allowance, Deferred Tax Asset, Explanation of Change	The valuation allowance increased $2.3 million primarily as a result of foreign NOL and credit carryforwards acquired through recent acquisitions.
Operating loss carryforwards beginning expiration date	Feb. 28, 2018
Research tax credit carryforwards beginning expiration date	Feb. 28, 2018
Cumulative undistributed earnings of non-U.S. subsidiaries	$ 677.4
Unrecognized tax benefits that would affect the tax rate	69.1	$ 59.1
Uncertain tax position accrued interest and accrued penalties related to unrecognized tax benefit	13.2	10.7
Uncertain tax position interest expenses and penalties	2.5	$ 1.5	$ 2.7
Domestic
Income Taxes [Line Items]
Net operating loss carryforward	9.2
Research tax credit carryforwards	0.8
Foreign Tax
Income Taxes [Line Items]
Net operating loss carryforward	22.9
Research tax credit carryforwards	1.2
U.S. State
Income Taxes [Line Items]
Net operating loss carryforward	72.3
Research tax credit carryforwards	18.1
Maximum
Income Taxes [Line Items]
Reduction in unrecognized tax benefit in next twelve month	$ 7.6

Schedule of Unrecognized Tax Be

Schedule of Unrecognized Tax Benefits (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 28, 2017	Feb. 29, 2016	Feb. 28, 2015
Reconciliation of Unrecognized Tax Benefits [Line Items]
Balance at beginning of year	$ 74,886	$ 60,343	$ 57,054
Additions based on tax positions related to prior years	2,142	13,486	514
Additions based on tax positions related to the current year	4,893	3,494	3,374
(Reductions) additions related to changes in facts and circumstances	(2,271)	256	(229)
Reductions related to lapse of the statute of limitations	(2,748)	(1,581)	(370)
Reductions related to settlements with tax authorities		(1,112)
Balance at end of year	$ 76,902	$ 74,886	$ 60,343

Stockholders' Equity - Addition

Stockholders' Equity - Additional Information (Detail) - USD ($)	Jun. 22, 2016	Mar. 04, 2015	Oct. 07, 2014	Oct. 01, 2014	Jun. 30, 2016	Jun. 30, 2016	Feb. 28, 2017	Feb. 28, 2017	Feb. 29, 2016	Feb. 28, 2015	Mar. 25, 2015
Shareholders Equity [Line Items]
Common stock, shares authorized							300,000,000	300,000,000	300,000,000
Common stock, per share par value							$ 0.0001	$ 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								6,192,382	3,476,229	8,355,757
Aggregate cost of common stock repurchased								$ 458,661,000	$ 262,643,000	$ 535,062,000
Preferred stock, shares authorized							5,000,000	5,000,000	5,000,000
Preferred stock, per share par value							$ 0.0001	$ 0.0001	$ 0.0001
Preferred stock, shares outstanding							0	0	0
Repurchase of common stock, value			$ (375,000,000)
Treasury Stock
Shareholders Equity [Line Items]
Aggregate cost of common stock repurchased								$ 458,661,000	$ 337,643,000	460,062,000
Additional Paid-In Capital
Shareholders Equity [Line Items]
Aggregate cost of common stock repurchased									(75,000,000)	75,000,000
March 2015 Share Repurchase Program
Shareholders Equity [Line Items]
Common stock, purchased during the period						1,291,733
Aggregate cost of common stock repurchased						$ 94,400,000
Common stock authorized for stock repurchase program					$ 500,000,000	$ 500,000,000					$ 500,000,000
Stock repurchase program termination date					Jun. 30, 2016
ASR Agreement
Shareholders Equity [Line Items]
Common stock, purchased during the period		720,101	5,312,555					6,032,656
Repurchase of common stock, value			$ (375,000,000)
Percentage of shares deliverable to the company			80.00%
Repurchase of common stock, average price per share				$ 56.47
Treasury stock weighted average share price								$ 62.16
ASR Agreement | Treasury Stock
Shareholders Equity [Line Items]
Aggregate cost of common stock repurchased			$ 300,000,000
ASR Agreement | Additional Paid-In Capital
Shareholders Equity [Line Items]
Aggregate cost of common stock repurchased									$ (75,000,000)	$ 75,000,000
June 2016 Share Repurchase Program
Shareholders Equity [Line Items]
Common stock, purchased during the period							4,900,649
Aggregate cost of common stock repurchased							$ 364,300,000
Common stock authorized for stock repurchase program	$ 1,000,000,000
Stock repurchase program expiration date	Jun. 30, 2018
Stock repurchase program expiration description								The new program commenced on July 1, 2016, and will expire on the earlier of (i) June 30, 2018 or (ii) a determination by the Board, Chief Executive Officer or Chief Financial Officer to discontinue the program.
Stock available for repurchase							$ 635,700,000	$ 635,700,000

Summary of Accumulated Other Co

Summary of Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Thousands	Feb. 28, 2017	Feb. 29, 2016
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated loss from foreign currency translation adjustment	$ (87,784)	$ (73,776)
Accumulated unrealized loss, net of tax, on available-for-sale securities	(568)	(673)
Accumulated other comprehensive loss	$ (88,352)	$ (74,449)

Share Based Awards - Additional

Share Based Awards - Additional Information (Detail) - USD ($)		12 Months Ended
		Feb. 28, 2017	Feb. 29, 2016	Feb. 28, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares reserved for issuance		10,000,000
Share-based compensation expense capitalized		$ 0	$ 0	$ 0
Annual forfeitures rate			10.00%	10.00%
Number of stock options outstanding		208,505
Weighted average remaining contractual life		4 years 6 months
Weighted average exercise price, options outstanding		$ 34.70
Number of stock options exercisable		129,576
Weighted average share price options exercisable		$ 38.49
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation cost related to unvested awards		$ 3,200,000
Weighted average period over which awards are expected to be recognized (in years)		1 year 7 months 6 days
Service-Based Shares and Share Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation cost related to unvested awards		$ 279,900,000
Weighted average period over which awards are expected to be recognized (in years)		2 years 7 months 6 days
Shares and Share units, Shares and Shares Underlying Awards	[1]	2,212,006	2,108,639	2,994,553
Service-Based Shares and Share Units | Executives
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares and Share units, Shares and Shares Underlying Awards		140,182
Service-Based Shares and Share Units | Share-based Compensation Award, Tranche One | Executives
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage		25.00%
Service-Based Shares and Share Units | Nonvested Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Description of vesting provisions		Nonvested shares vest, subject to continued service to the Company, 25% on the first trading day on or about July 16 of the year subsequent to the year in which the grant occurs and 6.25% on the last day of each subsequent three-month period.
Service-Based Shares and Share Units | Nonvested Shares | Share-based Compensation Award, Tranche One
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage		25.00%
Service-Based Shares and Share Units | Nonvested Shares | Share-based Compensation Award, Tranche Two
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage		6.25%
Service-Based Shares and Share Units | Share Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage		25.00%
Description of vesting provisions		25% each year over a four-year period beginning on the date of grant.
Vesting period		4 years
Performance Share Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation cost related to unvested awards		$ 31,100,000
Weighted average period over which awards are expected to be recognized (in years)		1 year 1 month 6 days
Vesting period		3 years
Percentage of maximum earnable performance share units		200.00%
Shares and Share units, Shares and Shares Underlying Awards	[2]	725,004	628,596	1,148,084
Number of shares subject to PSU awards expected to vest		1,300,000
Performance Share Units | Executives
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of maximum earnable performance share units		200.00%
Shares and Share units, Shares and Shares Underlying Awards		242,352
Performance Share Units | Share-based Compensation Award, Tranche One | Executives
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage		50.00%
Performance Share Units | Share-based Compensation Award, Tranche Two | Executives
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage		50.00%
Minimum | Performance Share Units | Executives
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%
[1]	Service-based shares granted during the fiscal year ended February 28, 2017 include 140,182 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 the fiscal year ended February 28, 2017 (the "RSA performance goal"). The RSA performance goal for the fiscal year ended February 28, 2017 was met. Therefore, as of February 28, 2017 only the service condition remained with 25% vesting on July 17, 2017, and the remainder vesting ratably on a quarterly basis over the course of the subsequent three-year period.
[2]	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.

Summary of Share-Based Awards G

Summary of Share-Based Awards Granted, by Type (Detail) - $ / shares		12 Months Ended
		Feb. 28, 2017	Feb. 29, 2016	Feb. 28, 2015
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		2,937,010	2,856,750	4,890,863
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		$ 75.88	$ 76	$ 52.93
Service-Based Shares and Share Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares and Share units, Shares and Shares Underlying Awards	[1]	2,212,006	2,108,639	2,994,553
Shares and share units, Weighted Average Per Share Award Fair Value	[1]	$ 75.62	$ 76.45	$ 53.23
Performance Share Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares and Share units, Shares and Shares Underlying Awards	[2]	725,004	628,596	1,148,084
Shares and share units, Weighted Average Per Share Award Fair Value	[2]	$ 76.68	$ 77.87	$ 52.17
Performance Share Units | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares and Share units, Shares and Shares Underlying Awards		725,004	628,596	1,148,084
Shares and share units, Weighted Average Per Share Award Fair Value		$ 76.68	$ 77.87	$ 52.17
Restricted Share Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares and Share units, Shares and Shares Underlying Awards	[3]			529,057
Shares and share units, Weighted Average Per Share Award Fair Value	[3]			$ 54.75
Restricted Share Awards | 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 fiscal year ended February 28, 2017 include 140,182 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 the fiscal year ended February 28, 2017 (the "RSA performance goal"). The RSA performance goal for the fiscal year ended February 28, 2017 was met. Therefore, as of February 28, 2017 only the service condition remained with 25% vesting on July 17, 2017, and the remainder vesting ratably on a quarterly basis over the course of the subsequent three-year period.
[2]	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.
[3]	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.

Summary of Share-Based Awards83

Summary of Share-Based Awards Granted, by Type (Parenthetical) (Detail) - Service-Based Shares and Share Units - shares		12 Months Ended
		Feb. 28, 2017	Feb. 29, 2016	Feb. 28, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares and Share units, Shares and Shares Underlying Awards	[1]	2,212,006	2,108,639	2,994,553
Executives
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares and Share units, Shares and Shares Underlying Awards		140,182
Executives | Share-based Compensation Award, Tranche One
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage		25.00%
[1]	Service-based shares granted during the fiscal year ended February 28, 2017 include 140,182 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 the fiscal year ended February 28, 2017 (the "RSA performance goal"). The RSA performance goal for the fiscal year ended February 28, 2017 was met. Therefore, as of February 28, 2017 only the service condition remained with 25% vesting on July 17, 2017, 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. 28, 2017	[1]	Feb. 29, 2016	Feb. 28, 2015
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total share-based compensation expense	$ 192,530		$ 166,234	$ 135,232
Cost of Revenue
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total share-based compensation expense	16,553		15,898	14,027
Sales and Marketing
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total share-based compensation expense	93,378		69,089	55,203
Research and Development
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total share-based compensation expense	52,424		48,466	38,517
General and Administrative Expense
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total share-based compensation expense	$ 30,175		$ 32,781	$ 27,485
[1]	Total share-based compensation expense of $192.5 million includes $5.0 million of expense related to the Company's employee stock purchase plan ("ESPP"). See NOTE 16-Employee Benefit Plans for information regarding the ESPP.

Share-Based Compensation Expe85

Share-Based Compensation Expense (Parenthetical) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 28, 2017		Feb. 29, 2016	Feb. 28, 2015
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total share-based compensation expense	$ 192,530	[1]	$ 166,234	$ 135,232
Employee Stock Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total share-based compensation expense	$ 5,000
[1]	Total share-based compensation expense of $192.5 million includes $5.0 million of expense related to the Company's employee stock purchase plan ("ESPP"). See NOTE 16-Employee Benefit Plans for information regarding the ESPP.

Total share-based compensation

Total share-based compensation expense related to stock options recognized (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 28, 2017		Feb. 29, 2016	Feb. 28, 2015
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Share-based compensation expense	$ 192,530	[1]	$ 166,234	$ 135,232
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Share-based compensation expense	$ 4,813		$ 4,918	$ 5,085
[1]	Total share-based compensation expense of $192.5 million includes $5.0 million of expense related to the Company's employee stock purchase plan ("ESPP"). See NOTE 16-Employee Benefit Plans for information regarding the ESPP.

Intrinsic Value of Stock Option

Intrinsic Value of Stock Options Exercised (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 28, 2017	Feb. 29, 2016	Feb. 28, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total intrinsic value of stock options exercised	$ 7,928	$ 9,103	$ 6,289

Total share-based compensatio88

Total share-based compensation expense related to service-based share awards recognized (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 28, 2017		Feb. 29, 2016	Feb. 28, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$ 192,530	[1]	$ 166,234	$ 135,232
Service-Based Shares and Share Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$ 147,843		$ 124,904	$ 107,887
[1]	Total share-based compensation expense of $192.5 million includes $5.0 million of expense related to the Company's employee stock purchase plan ("ESPP"). See NOTE 16-Employee Benefit Plans for information regarding the ESPP.

Activity for Service-Based Shar

Activity for Service-Based Share Units (Detail) - $ / shares		12 Months Ended
		Feb. 28, 2017	Feb. 29, 2016	Feb. 28, 2015
Service-Based Shares and Share Units
Nonvested Shares and Share Units
Beginning Balance		6,174,874	6,378,719	5,373,308
Granted	[1]	2,212,006	2,108,639	2,994,553
Vested		(2,409,518)	(2,047,169)	(1,948,247)
Forfeited		(313,162)	(265,315)	(569,952)
Ending Balance		5,664,200	6,174,874	6,378,719
Weighted Average Per Share Grant Date Fair Value
Weighted Average Per Share Grant Date Fair Value, beginning balance		$ 60.05	$ 51.49	$ 48.34
Granted, Weighted Average Per Share Grant Date Fair Value	[1]	75.62	76.45	53.23
Vested, Weighted Average Per Share Grant Date Fair Value		57.42	50.78	47.24
Forfeited, Weighted Average Per Share Grant Date Fair Value		64.36	56.21	48.50
Weighted Average Per Share Grant Date Fair Value, ending balance		$ 67.01	$ 60.05	$ 51.49
Restricted Share Awards
Nonvested Shares and Share Units
Granted	[2]			529,057
Weighted Average Per Share Grant Date Fair Value
Granted, Weighted Average Per Share Grant Date Fair Value	[2]			$ 54.75
[1]	Service-based shares granted during the fiscal year ended February 28, 2017 include 140,182 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 the fiscal year ended February 28, 2017 (the "RSA performance goal"). The RSA performance goal for the fiscal year ended February 28, 2017 was met. Therefore, as of February 28, 2017 only the service condition remained with 25% vesting on July 17, 2017, 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.

Activity for Service-Based Sh90

Activity for Service-Based Share Units (Parenthetical) (Detail) - Restricted Share Awards	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
[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.

Intrinsic Value Of Service - Ba

Intrinsic Value Of Service - Based Awards (Detail) - Service-Based Shares and Share Units - USD ($) $ in Thousands	12 Months Ended
	Feb. 28, 2017	Feb. 29, 2016	Feb. 28, 2015	Feb. 28, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Shares and Share Units, Outstanding	5,664,200	6,174,874	6,378,719	5,373,308
Weighted Average Remaining Vesting Period, Outstanding (in years)	2 years 7 months 6 days
Intrinsic Value, Outstanding	$ 469,052

Total Intrinsic value of Servic

Total Intrinsic value of Service-Based Awards (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 28, 2017	Feb. 29, 2016	Feb. 28, 2015
Service-Based Shares and Share Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total intrinsic value of service-based awards vesting	$ 181,691	$ 157,864	$ 108,066

Total share-based compensatio93

Total share-based compensation expense related to performance-based share awards recognized (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 28, 2017		Feb. 29, 2016	Feb. 28, 2015
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Share-based compensation expense	$ 192,530	[1]	$ 166,234	$ 135,232
Performance Share Units
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Share-based compensation expense	$ 34,865		$ 36,412	$ 22,260
[1]	Total share-based compensation expense of $192.5 million includes $5.0 million of expense related to the Company's employee stock purchase plan ("ESPP"). See NOTE 16-Employee Benefit Plans for information regarding the ESPP.

Activity For Performance-Based

Activity For Performance-Based Share Units (Detail) - Performance Share Units - $ / shares		12 Months Ended
		Feb. 28, 2017	Feb. 29, 2016	Feb. 28, 2015
Shares Underlying Performance Share Units
Beginning Balance	[1]	2,049,511	2,149,335	1,675,225
Granted	[1]	725,004	628,596	1,148,084
Vested	[1]	(492,518)	(497,656)	(374,921)
Forfeited	[1]	(346,102)	(230,764)	(299,053)
Ending Balance	[1]	1,935,895	2,049,511	2,149,335
Weighted Average Per Share Grant Date Fair Value
Weighted Average Per Share Grant Date Fair Value, beginning balance	[1]	$ 58.76	$ 51.01	$ 47.34
Granted, Weighted Average Per Share Grant Date Fair Value	[1]	76.68	77.87	52.17
Vested, Weighted Average Per Share Grant Date Fair Value	[1]	48.94	52.41	45.42
Forfeited, Weighted Average Per Share Grant Date Fair Value	[1]	62.68	52.29	41.90
Weighted Average Per Share Grant Date Fair Value, ending balance	[1]	$ 67.27	$ 58.76	$ 51.01
[1]	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.

Total Intrinsic Value of Perfor

Total Intrinsic Value of Performance-Based Awards (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 28, 2017	Feb. 29, 2016	Feb. 28, 2015
Performance Share Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total intrinsic value of performance-based awards vesting	$ 36,768	$ 36,555	$ 18,733

Schedule Of Future Minimum Leas

Schedule Of Future Minimum Lease Payments Required Under Operating Leases (Detail) $ in Thousands	Feb. 28, 2017USD ($)
Operating Leased Assets [Line Items]
2,018	$ 56,068
2,019	49,856
2,020	42,851
2,021	36,514
2,022	31,640
Thereafter	72,873
Total minimum lease payments	$ 289,802

Rent Expense Under Operating Le

Rent Expense Under Operating Leases (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 28, 2017	Feb. 29, 2016	Feb. 28, 2015
Operating Leased Assets [Line Items]
Total operating lease expense	$ 44,228	$ 38,152	$ 36,581

Schedule of Employee Benefit Pl

Schedule of Employee Benefit Plans Disclosures (Detail) - USD ($) $ in Thousands	12 Months Ended
	Feb. 28, 2017	Feb. 29, 2016	Feb. 28, 2015
Defined Contribution Plan Disclosure [Line Items]
Total contributions to employee benefit plans	$ 32,839	$ 25,731	$ 21,721

Employee Benefit Plans - Additi

Employee Benefit Plans - Additional Information (Detail) - USD ($)	12 Months Ended
	Feb. 28, 2017		Feb. 29, 2016	Feb. 28, 2015
Employee Stock Purchase Plan [Line Items]
Share-based compensation expense	$ 192,530,000	[1]	$ 166,234,000	$ 135,232,000
Employee Stock Purchase Plan
Employee Stock Purchase Plan [Line Items]
Employee stock purchase plan payroll deduction percentage, maximum	15.00%
Employee stock purchase plan payroll deduction percentage, minimum	1.00%
Purchase price percentage of closing price of company common stock	85.00%
Maximum common stock issued under employee stock purchase plan, value	$ 25,000
Maximum common stock issued under employee stock purchase plan, shares	5,000,000
Share-based compensation expense	$ 5,000,000
[1]	Total share-based compensation expense of $192.5 million includes $5.0 million of expense related to the Company's employee stock purchase plan ("ESPP"). See NOTE 16-Employee Benefit Plans for information regarding the ESPP.

Fair Value of Assets and Liabil

Fair Value of Assets and Liabilities Acquired (Detail) - USD ($) $ in Thousands	Feb. 28, 2017		Feb. 29, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Money markets	$ 258,188	[1]	$ 221,970	[2]
Available-for-sale securities	1,300,611		1,289,582
Foreign currency derivatives, assets	135	[3]	566	[4]
Foreign currency derivatives, liabilities	(160)	[5]	(452)	[6]
Total	1,300,586		1,289,696
U.S. Agencies Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	327,430	[1]	331,117	[2]
Corporate Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	714,993	[1]	736,495	[2]
Fair Value, Inputs, Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Money markets	258,188	[1]	221,970	[2]
Total	258,188		221,970
Fair Value, Inputs, Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign currency derivatives, assets	135	[3]	566	[4]
Foreign currency derivatives, liabilities	(160)	[5]	(452)	[6]
Total	1,042,398		1,067,726
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	327,430	[1]	331,117	[2]
Fair Value, Inputs, Level 2 | Corporate Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	$ 714,993	[1]	$ 736,495	[2]
[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, 2017 in addition to $832.6 million of cash.
[2]	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.
[3]	Included in Other current assets in the Company's Consolidated Balance Sheet at February 28, 2017.
[4]	Included in Other current assets in the Company's Consolidated Balance Sheet at February 29, 2016.
[5]	Included in Accounts payable and accrued expenses in the Company's Consolidated Balance Sheet at February 28, 2017.
[6]	Included in Accounts payable and accrued expenses in the Company's Consolidated Balance Sheet at February 29, 2016.

Fair Value of Assets and Lia101

Fair Value of Assets and Liabilities Acquired (Parenthetical) (Detail) - USD ($) $ in Millions	Feb. 28, 2017	Feb. 29, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash	$ 832.6	$ 705.8

Available- for-sale Investments

Available- for-sale Investments Measured at Fair Value (Detail) - USD ($) $ in Thousands	Feb. 28, 2017		Feb. 29, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Amortized Cost	$ 1,302,031		$ 1,290,995
Gross Unrealized Gains	1,453		1,154
Gross Unrealized Losses	(2,873)	[1]	(2,567)	[2]
Aggregate Fair Value	1,300,611		1,289,582
Cash Equivalent Marketable Securities	258,188		221,970
Investments in debt securities, short-term	369,983		281,142
Investments in debt securities, long-term	672,440		786,470
Money Market Funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Amortized Cost	258,188		221,970
Aggregate Fair Value	258,188		221,970
Cash Equivalent Marketable Securities	258,188		221,970
U.S. Agencies Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Amortized Cost	329,617		331,302
Gross Unrealized Gains	37		160
Gross Unrealized Losses	(2,224)	[1]	(345)	[2]
Aggregate Fair Value	327,430	[3]	331,117	[4]
Investments in debt securities, short-term	27,593		50,453
Investments in debt securities, long-term	299,837		280,664
Corporate Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Amortized Cost	714,226		737,723
Gross Unrealized Gains	1,416		994
Gross Unrealized Losses	(649)	[1]	(2,222)	[2]
Aggregate Fair Value	714,993	[3]	736,495	[4]
Investments in debt securities, short-term	342,390		230,689
Investments in debt securities, long-term	$ 372,603		$ 505,806
[1]	As of February 28, 2017, there were $0.6 million of accumulated unrealized losses related to investments that have been in a continuous unrealized loss position for 12 months or longer. The aggregate related fair value of investments with unrealized losses was $605.9 million.
[2]	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 aggregate related fair value of investments with unrealized losses was $608.8 million.
[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 28, 2017 in addition to $832.6 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 29, 2016, in addition to $705.8 million of cash.

Available- for-sale Investme103

Available- for-sale Investments Measured at Fair Value (Parenthetical) (Detail) - USD ($) $ in Millions	Feb. 28, 2017	Feb. 29, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Accumulated unrealized losses related to investments in unrealized loss position 12 months or longer	$ 0.6	$ 0.9
Fair value of investments with unrealized losses	$ 605.9	$ 608.8

Summary of Stated Maturities of

Summary of Stated Maturities of Investment in Debt Securities (Detail) $ in Thousands	Feb. 28, 2017USD ($)
Investment [Line Items]
Total	$ 1,042,423
Less than 1 Year	369,984
1-5 Years	672,439
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. 28, 2017		Nov. 30, 2016		Aug. 31, 2016		May 31, 2016		Feb. 29, 2016		Nov. 30, 2015		Aug. 31, 2015		May 31, 2015		Feb. 28, 2017	Feb. 29, 2016	Feb. 28, 2015
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Net income, basic and diluted	$ 65,803		$ 67,943		$ 58,773		$ 61,184		$ 53,036		$ 46,848		$ 51,395		$ 48,086		$ 253,703	$ 199,365	$ 180,201
Weighted average common shares outstanding	177,802		179,233		180,322		181,168		182,099		182,850		183,179		183,130		179,642	182,817	186,529
Incremental shares attributable to assumed vesting or exercise of outstanding equity award shares																	3,027	3,020	2,717
Dilutive effect of convertible notes																	292	282
Diluted shares	181,197		182,682		183,346		184,187		184,888		186,094		186,750		186,175		182,961	186,119	189,246
Net income per share - diluted	$ 0.36	[1]	$ 0.37	[1]	$ 0.32	[1]	$ 0.33	[1]	$ 0.29	[1]	$ 0.25	[1]	$ 0.28	[1]	$ 0.26	[1]	$ 1.39	$ 1.07	$ 0.95
[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) - $ / shares	12 Months Ended
	Feb. 28, 2017	Feb. 29, 2016	Feb. 28, 2015	Oct. 01, 2014
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Exercise price per share	$ 101.65	$ 101.65	$ 101.65	$ 101.65
Warrants
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Number of shares considered anti-dilutive for calculating diluted EPS	10,965,630	10,965,630	10,965,630

Shares Considered Anti-Dilutive

Shares Considered Anti-Dilutive for Calculating Diluted EPS (Detail) - shares shares in Thousands	12 Months Ended
	Feb. 28, 2017	Feb. 29, 2016	Feb. 28, 2015
Stock Options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Number of shares considered anti-dilutive for calculating diluted EPS	77	21	121

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. 28, 2017	Nov. 30, 2016	Aug. 31, 2016	May 31, 2016	Feb. 29, 2016	Nov. 30, 2015	Aug. 31, 2015	May 31, 2015	Feb. 28, 2017	Feb. 29, 2016	Feb. 28, 2015
Segment Reporting Information [Line Items]
Revenue from unaffiliated customers		$ 628,840	$ 615,260	$ 599,804	$ 567,899	$ 543,501	$ 523,580	$ 504,148	$ 481,001	$ 2,411,803	$ 2,052,230	$ 1,789,489
Income (loss) from operations		94,225	$ 80,773	$ 81,884	$ 75,363	71,771	$ 68,877	$ 76,470	$ 70,930	332,245	288,048	249,994
Total cash, cash equivalents and available-for-sale investment securities		2,133,231				1,995,390				2,133,231	1,995,390	1,808,743
Total assets		4,535,185				4,155,099				4,535,185	4,155,099	3,784,569
Corporate
Segment Reporting Information [Line Items]
Income (loss) from operations	[1]									(192,530)	(166,234)	(135,232)
Americas
Segment Reporting Information [Line Items]
Revenue from unaffiliated customers										1,555,290	1,354,345	1,144,237
Income (loss) from operations										318,244	297,462	242,173
Total cash, cash equivalents and available-for-sale investment securities		1,100,827				1,222,470				1,100,827	1,222,470	1,267,824
Total assets		2,974,734				2,909,238				2,974,734	2,909,238	2,755,923
EMEA
Segment Reporting Information [Line Items]
Revenue from unaffiliated customers										515,642	436,304	410,299
Income (loss) from operations										106,769	93,373	89,364
Total cash, cash equivalents and available-for-sale investment securities		706,028				540,584				706,028	540,584	405,114
Total assets		1,075,422				871,475				1,075,422	871,475	726,101
Asia Pacific
Segment Reporting Information [Line Items]
Revenue from unaffiliated customers										340,871	261,581	234,953
Income (loss) from operations										99,762	63,447	53,689
Total cash, cash equivalents and available-for-sale investment securities		326,376				232,336				326,376	232,336	135,805
Total assets		$ 485,029				$ 374,386				$ 485,029	$ 374,386	$ 302,545
[1]	Amounts represent share-based compensation expense that 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. 28, 2017	Nov. 30, 2016	Aug. 31, 2016	May 31, 2016	Feb. 29, 2016	Nov. 30, 2015	Aug. 31, 2015	May 31, 2015	Feb. 28, 2017	Feb. 29, 2016	Feb. 28, 2015
Segment Reporting Information [Line Items]
Total revenue from unaffiliated customers	$ 628,840	$ 615,260	$ 599,804	$ 567,899	$ 543,501	$ 523,580	$ 504,148	$ 481,001	$ 2,411,803	$ 2,052,230	$ 1,789,489
United States, the Company's Country of Domicile
Segment Reporting Information [Line Items]
Total revenue from unaffiliated customers									1,400,228	1,213,493	1,022,803
Foreign
Segment Reporting Information [Line Items]
Total revenue from unaffiliated customers									$ 1,011,575	$ 838,737	$ 766,686

Segment Reporting - Additional

Segment Reporting - Additional Information (Detail) - Customer	12 Months Ended
	Feb. 28, 2017	Feb. 29, 2016	Feb. 28, 2015
Foreign
Segment Reporting Information [Line Items]
Number of individual customers from which the Company generated 10% or greater revenue	0	0	0
U.S. Government and Agencies
Segment Reporting Information [Line Items]
Number of individual customers from which the Company generated 10% or greater revenue	1	1	0
U.S. Government and Agencies | Subscription Revenues | Customer Concentration Risk
Segment Reporting Information [Line Items]
Concentration risk, percentage	10.00%	10.00%

Summary of Tangible Long-Lived

Summary of Tangible Long-Lived Assets (Detail) - USD ($) $ in Thousands	Feb. 28, 2017	Feb. 29, 2016	Feb. 28, 2015
Segment Reporting, Asset Reconciling Item [Line Items]
Total tangible long-lived assets	$ 189,629	$ 166,886	$ 172,151
United States, the Company's Country of Domicile
Segment Reporting, Asset Reconciling Item [Line Items]
Total tangible long-lived assets	133,492	126,937	131,792
Foreign
Segment Reporting, Asset Reconciling Item [Line Items]
Total tangible long-lived assets	$ 56,137	$ 39,949	$ 40,359

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. 28, 2017	Nov. 30, 2016	Aug. 31, 2016	May 31, 2016	Feb. 29, 2016	Nov. 30, 2015	Aug. 31, 2015	May 31, 2015	Feb. 28, 2017	Feb. 29, 2016	Feb. 28, 2015
Revenue from External Customer [Line Items]
Subscription revenue	$ 559,588	$ 543,318	$ 531,209	$ 501,665	$ 479,642	$ 457,488	$ 441,526	$ 424,793	$ 2,135,780	$ 1,803,449	$ 1,561,234
Training and services revenue	69,252	71,942	68,595	66,234	63,859	66,092	62,622	56,208	276,023	248,781	228,255
Total revenue	$ 628,840	$ 615,260	$ 599,804	$ 567,899	$ 543,501	$ 523,580	$ 504,148	$ 481,001	2,411,803	2,052,230	1,789,489
Infrastructure Related Subscriptions
Revenue from External Customer [Line Items]
Subscription revenue									1,696,443	1,480,463	1,324,693
Application Development Related and Other Emerging Technology Subscriptions
Revenue from External Customer [Line Items]
Subscription revenue									439,337	322,986	236,541
Consulting Services
Revenue from External Customer [Line Items]
Training and services revenue									207,959	190,870	171,436
Training Services
Revenue from External Customer [Line Items]
Training and services revenue									$ 68,064	$ 57,911	$ 56,819

Other Long-Term Obligation (Det

Other Long-Term Obligation (Detail) - USD ($) $ in Thousands	Feb. 28, 2017	Feb. 29, 2016
Other Long Term Liabilities [Line Items]
Accrued income taxes	$ 76,718	$ 73,403
Deferred rent credits	11,670	13,197
Net deferred tax liability, non-current	2,939	169
Other	2,638	1,143
Total other long-term obligations	$ 93,965	$ 87,912

Convertible Notes - Additional

Convertible Notes - Additional Information (Detail)	Oct. 07, 2014USD ($)	Oct. 01, 2014USD ($)$ / sharesshares	Feb. 28, 2017USD ($)$ / shares	Feb. 28, 2015USD ($)$ / shares	Feb. 29, 2016USD ($)$ / shares
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)
Effective interest rate for amortizing debt discount of convertible debt			2.86%
Transaction cost related to note issuance allocated to equity component				$ 96,890,000
Strike price of warrants | $ / shares		$ 101.65	$ 101.65	$ 101.65	$ 101.65
Premium on closing price of common stock		80.00%
Number of shares of common stock underlying the warrants | shares		10,965,630
Fundamental Change
Debt Instrument [Line Items]
Repurchase of note principal amount			100.00%
Default
Debt Instrument [Line Items]
Repurchase of note principal amount			100.00%
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	$ 15,200,000		$ 7,442,000		$ 10,029,000
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
Debt instrument, convertible, conversion price, per share | $ / shares		$ 73.41	$ 73.41
Premium on closing price of common stock		30.00%
Closing price of common stock | $ / shares		$ 56.47

Components of Convertible Notes

Components of Convertible Notes (Detail) - USD ($) $ in Thousands		Feb. 28, 2017	Feb. 29, 2016	Oct. 07, 2014
Debt Instrument [Line Items]
Net carrying amount		$ 745,633	$ 723,942
0.25% Convertible Senior Notes due 2019
Debt Instrument [Line Items]
Liability component: Principal		805,000	805,000
Less: debt issuance costs		(7,442)	(10,029)	$ (15,200)
Less: debt discount		(51,925)	(71,029)
Net carrying amount		745,633	723,942
Equity component	[1]	$ 96,890	$ 96,890
[1]	Recorded in the Consolidated Balance Sheets 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. 28, 2017	Feb. 29, 2016	Feb. 28, 2015
Debt Instrument [Line Items]
Coupon rate 0.25% per year, payable semiannually	$ 2,012	$ 2,012	$ 805
Amortization of convertible note issuance costs - liability component	2,587	2,433	935
Accretion of debt discount	19,104	18,570	7,292
Total interest expense related to convertible notes	$ 23,703	$ 23,015	$ 9,032

Schedule of Total Interest E117

Schedule of Total Interest Expense Recognized Related to Convertible Notes (Parenthetical) (Detail) - 0.25% Convertible Senior Notes due 2019	12 Months Ended
	Feb. 28, 2017	Feb. 29, 2016	Feb. 28, 2015	Oct. 07, 2014
Debt Instrument [Line Items]
Coupon rate per year	0.25%	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. 28, 2017	Feb. 29, 2016
Debt Instrument [Line Items]
Carrying value, convertible notes	$ 745,633	$ 723,942
Fair Value, Inputs, Level 2
Debt Instrument [Line Items]
Fair value, convertible notes	$ 745,865

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. 28, 2017		Nov. 30, 2016		Aug. 31, 2016		May 31, 2016		Feb. 29, 2016		Nov. 30, 2015		Aug. 31, 2015		May 31, 2015		Feb. 28, 2017	Feb. 29, 2016	Feb. 28, 2015
Quarterly Financial Information [Line Items]
Subscriptions	$ 559,588		$ 543,318		$ 531,209		$ 501,665		$ 479,642		$ 457,488		$ 441,526		$ 424,793		$ 2,135,780	$ 1,803,449	$ 1,561,234
Training and services	69,252		71,942		68,595		66,234		63,859		66,092		62,622		56,208		276,023	248,781	228,255
Total subscription and training and services revenue	628,840		615,260		599,804		567,899		543,501		523,580		504,148		481,001		2,411,803	2,052,230	1,789,489
Gross profit	536,633		524,807		512,134		483,851		462,281		442,532		428,184		409,604		2,057,425	1,742,601	1,516,290
Income from operations	94,225		80,773		81,884		75,363		71,771		68,877		76,470		70,930		332,245	288,048	249,994
Interest income	3,754		3,346		3,391		3,430		3,189		2,874		2,895		2,715		13,921	11,673	8,336
Interest expense	6,002		6,009		5,924		5,887		5,856		5,817		5,733		5,715		23,822	23,121	9,394
Other income (expense), net	(304)		(1,392)		85		(553)		(336)		49		(1,245)		(203)		(2,164)	(1,735)	6,562
Net income, basic and diluted	$ 65,803		$ 67,943		$ 58,773		$ 61,184		$ 53,036		$ 46,848		$ 51,395		$ 48,086		$ 253,703	$ 199,365	$ 180,201
Net income per common share:
Basic	$ 0.37	[1]	$ 0.38	[1]	$ 0.33	[1]	$ 0.34	[1]	$ 0.29	[1]	$ 0.26	[1]	$ 0.28	[1]	$ 0.26	[1]	$ 1.41	$ 1.09	$ 0.97
Diluted	$ 0.36	[1]	$ 0.37	[1]	$ 0.32	[1]	$ 0.33	[1]	$ 0.29	[1]	$ 0.25	[1]	$ 0.28	[1]	$ 0.26	[1]	$ 1.39	$ 1.07	$ 0.95
Weighted average number of shares outstanding:
Basic	177,802		179,233		180,322		181,168		182,099		182,850		183,179		183,130		179,642	182,817	186,529
Diluted	181,197		182,682		183,346		184,187		184,888		186,094		186,750		186,175		182,961	186,119	189,246
[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.