XML 36 R25.htm IDEA: XBRL DOCUMENT
v3.25.1

Earnings per Share | 12 Months Ended
--- | ---
Feb. 28, 2025
Earnings Per Share [Abstract] |
Earnings per Share | (14) Earnings per Share Basic earnings per share have been computed by dividing net earnings by the weighted average number of common shares outstanding during the applicable period. Diluted earnings per share reflect the potential dilution that could occur if stock options or other contracts to issue common shares were exercised or converted into common stock. The following table sets forth the computation for basic and diluted earnings per share for the fiscal years ended:
|  | 2025 |  |  | 2024 |  |  | 2023 |
Basic weighted average common shares outstanding |  |  | 26,025,452 |  |  |  | 25,842,798 |  |  |  | 25,818,737 |
Effect of dilutive RSUs |  |  | 133,556 |  |  |  | 97,278 |  |  |  | 132,404 |
Diluted weighted average common shares outstanding |  |  | 26,159,008 |  |  |  | 25,940,076 |  |  |  | 25,951,141 |
Earnings per share |  |  |  |  |  |  |  |  |
Basic |  | $ | 1.55 |  |  | $ | 1.65 |  |  | $ | 1.83 |
Diluted |  | $ | 1.54 |  |  | $ | 1.64 |  |  | $ | 1.82 |
Cash dividends |  | $ | 3.50 |  |  | $ | 1.00 |  |  | $ | 1.00 |
The Company treats unvested share-based payment awards that contain non-forfeitable rights to dividends or dividend equivalents (whether paid or unpaid) as participating securities, which are included in the computation of earnings per share. Our unvested restricted shares participate on an equal basis with common shares; therefore, there is no difference in undistributed earnings allocated to each participating security. Accordingly, the presentation above is prepared on a combined basis. At fiscal year-end 2025 and 2024, 31,251 and 52,500 stock options were excluded from the calculation above, respectively. Their effect would be anti-dilutive. No options were outstanding at the end of fiscal year 2023.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration