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Earnings per Share (Tables)
6 Months Ended
Aug. 31, 2015
Earnings Per Share [Abstract]  
Computation for Basic and Diluted Earnings Per Share

The following table sets forth the computation for basic and diluted earnings per share for the periods indicated:

 

    

Three months ended

August 31,

    

Six months ended

August 31,

 
     2015      2014      2015      2014  

Basic weighted average common shares outstanding

     25,662,828         25,990,496         25,636,203         25,991,444   

Effect of dilutive options

     30,428         12,205         21,316         13,105   
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted weighted average common shares outstanding

     25,693,256         26,002,701         25,657,519         26,004,549   
  

 

 

    

 

 

    

 

 

    

 

 

 

Per share amounts:

           

Net earnings – basic

   $ 0.43       $ 0.39       $ 0.79       $ 0.69   
  

 

 

    

 

 

    

 

 

    

 

 

 

Net earnings – diluted

   $ 0.43       $ 0.39       $ 0.79       $ 0.69   
  

 

 

    

 

 

    

 

 

    

 

 

 

Cash dividends

   $ 0.175       $ 0.175       $ 0.350       $ 0.350