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Net Earnings Per Share | 9 Months Ended
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Nov. 30, 2021
Earnings Per Share [Abstract] |
Net Earnings Per Share | 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. Diluted net earnings per share is calculated using the “if-converted” treasury stock method. Basic and Dilutive Net Earnings Per Share Reconciliations
| Three Months Ended |  | Nine Months Ended
| November 30 |  | November 30
(In thousands except per share data) | 2021 |  | 2020 |  | 2021 |  | 2020
Net earnings | $ | 269,438 |  |  | $ | 235,300 |  |  | $ | 991,461 |  |  | $ | 536,974 |
Weighted average common shares outstanding | 162,006 |  |  | 163,732 |  |  | 162,710 |  |  | 163,278 |
Dilutive potential common shares: |  |  |  |  |  |  |
Stock options | 2,373 |  |  | 1,636 |  |  | 2,391 |  |  | 1,341 |
Stock-settled stock units and awards | 494 |  |  | 405 |  |  | 505 |  |  | 357 |
Weighted average common shares and dilutive potential common shares | 164,873 |  |  | 165,773 |  |  | 165,606 |  |  | 164,976 |
Basic net earnings per share | $ | 1.66 |  |  | $ | 1.44 |  |  | $ | 6.09 |  |  | $ | 3.29 |
Diluted net earnings per share | $ | 1.63 |  |  | $ | 1.42 |  |  | $ | 5.99 |  |  | $ | 3.25 |
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, 2021 and 2020, options to purchase 776,853 shares and 115,509 shares of common stock, respectively, were not included. For the nine months ended November 30, 2021 and 2020, options to purchase 701,970 shares and 2,158,503 shares of common stock, respectively, were not included.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
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