XML 34 R23.htm IDEA: XBRL DOCUMENT v3.25.2
Earnings Per Share
6 Months Ended
Aug. 31, 2025
Earnings Per Share [Abstract]  
Earnings Per Share
Note 16 - 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 restricted stock units, performance stock units, restricted stock awards and performance restricted stock awards and other stock-based awards. Anti-dilutive securities are not included in the computation of diluted earnings per share under the treasury stock method. See Note 6 to these condensed consolidated financial statements for more information regarding stock-based awards.
The following table presents our weighted average basic and diluted shares outstanding for the periods shown:
 Three Months Ended August 31,Six Months Ended August 31,
(in thousands)2025202420252024
Weighted average shares outstanding, basic22,959 22,814 22,951 23,169 
Incremental shares from share-based compensation arrangements 25  67 
Weighted average shares outstanding, diluted (1)
22,959 22,839 22,951 23,236 
Anti-dilutive securities454 155 442 140 
(1)Due to the net loss for the three and six months ended August 31, 2025, 53 thousand and 41 thousand incremental shares, respectively, from share-based compensation arrangements were excluded from the computation of diluted weighted average shares outstanding because their effect would be anti-dilutive.