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Net Earnings Per Share
 3 Months Ended
May 31, 2023
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
 May 31
(In thousands except per share data)20232022
Net earnings$228,298 $252,265 
Weighted average common shares outstanding158,116 160,298 
Dilutive potential common shares:
Stock options164 1,178 
Stock-settled stock units and awards281 322 
Weighted average common shares and dilutive potential common shares158,561 161,798 
Basic net earnings per share$1.44 $1.57 
Diluted net earnings per share$1.44 $1.56 
 
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 May 31, 2023 and 2022, options to purchase 5,425,830 shares and 1,344,783 shares of common stock, respectively, were not included.