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Earnings Per Share (Notes) | 12 Months Ended
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Feb. 29, 2020
Earnings Per Share [Abstract] |
Earnings per share | Earnings Per Share Basic earnings per share is based on the weighted average number of shares outstanding during each year. Diluted earnings per share were similarly computed but have been adjusted for the dilutive effect of the weighted average number of restricted stock units, performance share units and stock appreciation rights outstanding. The following table sets forth the computation of basic and diluted earnings per share for fiscal year 2020, 2019 and 2018 (in thousands, except per share data):
|  | 2020 |  | 2019 |  | 2018
Numerator: |  |  |  |  |  |
Net income for basic and diluted earnings per common share |  | $ | 48,234 |  |  | $ | 51,208 |  |  | $ | 45,169 |
Denominator: |  |  |  |  |  |
Denominator for basic earnings per common share–weighted average shares |  | 26,191 |  |  | 26,038 |  |  | 25,970 |
Effect of dilutive securities: |  |  |  |  |  |
Employee and director stock awards |  | 90 |  |  | 69 |  |  | 66 |
Denominator for diluted earnings per common share |  | 26,281 |  |  | 26,107 |  |  | 26,036 |
Earnings per share basic and diluted: |  |  |  |  |  |
Basic earnings per common share |  | $ | 1.84 |  |  | $ | 1.97 |  |  | $ | 1.74 |
Diluted earnings per common share |  | $ | 1.84 |  |  | $ | 1.96 |  |  | $ | 1.73 |
For both fiscal 2020 and 2019, approximately 0.1 million employee equity awards were excluded from the computation of diluted earnings per share as their effect would have been anti-dilutive. For fiscal 2018, no such equity awards were excluded from the computation of diluted earnings per share.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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