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SHARE-BASED COMPENSATION (Tables)
12 Months Ended
Feb. 28, 2013
SHARE-BASED COMPENSATION.  
Summary of share-based compensation

 

 

 

 

For the year ended

 

For the year ended

 

For the year ended

 

 

 

February 28,

 

February 29,

 

February 28,

 

 

 

2011

 

2012

 

2013

 

 

 

 

 

 

 

 

 

Cost of revenues

 

$

521,387

 

$

417,984

 

$

105,756

 

Selling and marketing

 

975,114

 

1,497,266

 

1,814,748

 

General and administrative

 

3,809,971

 

5,985,993

 

6,363,396

 

 

 

 

 

 

 

 

 

Total

 

$

5,306,472

 

$

7,901,243

 

$

8,283,900

 

Summary of activities of non-vested shares granted under the 2010 Share Incentive Plan

 

 

 

 

Number of

 

Weighted

 

 

 

nonvested

 

average grant date

 

 

 

shares

 

fair value

 

Outstanding as of March 1, 2010

 

 

 

Granted

 

5,419,500

 

4.05

 

Forfeited

 

68,700

 

4.05

 

Vested

 

 

 

 

 

 

 

 

 

Outstanding as of February 28, 2011

 

5,350,800

 

4.05

 

 

 

 

 

 

 

Granted

 

586,100

 

5.40

 

Forfeited

 

154,550

 

4.42

 

Vested

 

2,379,740

 

4.10

 

 

 

 

 

 

 

Outstanding as of February 29, 2012

 

3,402,610

 

4.23

 

 

 

 

 

 

 

Granted

 

6,845,800

 

5.56

 

Forfeited

 

663,500

 

5.26

 

Vested

 

1,873,398

 

4.55

 

 

 

 

 

 

 

Outstanding as of February 28, 2013

 

7,711,512

 

5.24