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Earnings per Share
6 Months Ended
Aug. 31, 2018
Earnings Per Share [Abstract]  
Earnings per Share
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 7 to these condensed 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. 

The following table presents our weighted average basic and diluted shares for the periods shown:
 
Three Months Ended August 31,
 
Six Months Ended August 31,
(in thousands)
2018
 
2017
 
2018
 
2017
Weighted average shares outstanding, basic
26,359

 
27,232

 
26,467

 
27,154

Incremental shares from share-based compensation arrangements
198

 
169

 
145

 
169

Weighted average shares outstanding, diluted
26,557

 
27,401

 
26,612

 
27,323

 
 
 
 
 
 
 
 
Dilutive securities, stock options
164

 
233

 
151

 
243

Dilutive securities, unvested or unsettled stock awards
228

 
141

 
114

 
110

Antidilutive securities
194

 
300

 
352

 
339