XML 62 R18.htm IDEA: XBRL DOCUMENT v2.4.1.9
Net Earnings Per Share
 9 Months Ended
Nov. 30, 2014
Net Earnings Per Share [Abstract]  
Net Earnings Per Share

 12.Net Earnings per Share

 

Basic net earnings per share is computed by dividing net earnings available for basic common shares by the weighted average number of shares of common stock outstanding.  Diluted net earnings per share is computed by dividing net earnings available for diluted common shares by the sum of weighted average number of shares of common stock outstanding and dilutive potential common  stock.  

 

Basic and Dilutive Net Earnings Per Share Reconciliations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

Nine Months Ended

 

 

November 30

November 30

(In thousands except per share data)

 

2014

2013

2014

2013

Net earnings

 

$
130,049 

 

$
106,452 

 

$
454,220 

 

$
393,377 

 

Weighted average common shares outstanding

 

 
214,228 

 

 
223,259 

 

 
217,568 

 

 
223,831 

 

Dilutive potential common shares:

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock options

 

 
2,105 

 

 
3,402 

 

 
2,382 

 

 
3,305 

 

Stock-settled restricted stock units and awards

 

 
692 

 

 
756 

 

 
635 

 

 
734 

 

Weighted average common shares and dilutive

 

 

 

 

 

 

 

 

 

 

 

 

 

potential common shares

 

 
217,025 

 

 
227,417 

 

 
220,585 

 

 
227,870 

 

Basic net earnings per share

 

$
0.61 

 

$
0.48 

 

$
2.09 

 

$
1.76 

 

Diluted net earnings per share

 

$
0.60 

 

$
0.47 

 

$
2.06 

 

$
1.73 

 

 

Certain options to purchase shares of common stock were outstanding and not included in the calculation of diluted net earnings per share because their inclusion would have been antidilutive.  On a weighted average basis, for the three months ended November 30, 2014 and 2013,  options to purchase 1,707,581 shares and 1,309,282 shares of common stock, respectively, were not included.  For the nine months ended November 30, 2014 and 2013, options to purchase 2,617,453 shares and 1,175,274 shares, respectively, were not included.