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Earnings per Share | 12 Months Ended
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Feb. 28, 2017
Earnings per Share |
Earnings per Share | Note 2 – Earnings Per Share We compute basic earnings per share using the weighted average number of shares of common stock outstanding during the period. We compute diluted earnings per share using the weighted average number of shares of common stock outstanding plus the effect of dilutive securities. Dilutive securities at any given point in time may consist of outstanding options to purchase common stock and issued and contingently issuable unvested RSUs and PSUs. See Note 16 to these consolidated financial statements for more information regarding RSUs, PSUs and other performance based stock awards. Options for common stock are excluded from the computation of diluted earnings per share if their effect is antidilutive. For fiscal 2017, 2016 and 2015, the components of basic and diluted shares were as follows: WEIGHTED AVERAGE DILUTED SECURITIES
|  | Fiscal Years Ended the Last Day of February,
(in thousands) |  | 2017 |  | 2016 |  | 2015
Weighted average shares outstanding, basic |  | 27,522 |  | 28,273 |  | 28,579
Incremental shares from share-based payment arrangements |  | 369 |  | 476 |  | 456
Weighted average shares outstanding, diluted |  | 27,891 |  | 28,749 |  | 29,035
Dilutive securities, stock options |  | 365 |  | 317 |  | 647
Dilutive securities, unvested or unsettled stock awards |  | 186 |  | 227 |  | 273
Antidilutive securities, stock options |  | 137 |  | 159 |  | 239

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