v3.25.4
Earnings Per Share
9 Months Ended
Nov. 30, 2025
Earnings Per Share [Abstract]  
Earnings Per Share

Note 12. Earnings Per Share

 

In accordance with the provisions of FASB ASC Topic 260, Earnings per Share, basic earnings per share is computed by dividing earnings available to common shareholders by the weighted average number of shares outstanding during the period. Other potentially dilutive common shares, and the related impact to earnings, are considered when calculating earnings per share on a diluted basis.

 

The following information sets forth the computation of the weighted average basic and diluted net increase (decrease) in net assets resulting from operations per share for the three and nine months ended November 30, 2025 and November 30, 2024 (dollars in thousands except share and per share amounts):

 

   For the
three months ended
   For the
nine months ended
 
Basic and Diluted  November 30,
2025
   November 30,
2024
   November 30,
2025
   November 30,
2024
 
Net increase (decrease) in net assets resulting from operations  $12,000   $8,835   $39,217   $28,763 
Weighted average common shares outstanding   16,108,862    13,789,951    15,741,337    13,733,008 
Weighted average earnings (loss) per common share  $0.74   $0.64   $2.49   $2.09