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Earnings Per Share
6 Months Ended
Aug. 31, 2019
Notes to Financial Statements  
Earnings Per Share

NOTE 7: EARNINGS PER SHARE

 

The denominators for the calculation of diluted earnings per share at August 31, 2019 and 2018 are calculated as follows:

 

   Six Months Ended
August 31,
   Three Months Ended
August 31,
 
   2019   2018   2019   2018 
                 
Numerator for basic and diluted earnings per share  $139,978   $80,554   $114,765   $59,124 
                     
Denominator for basic earnings per share – weighted average   15,285,024    15,036,644    15,301,613    15,085,660 
                     
Effects of dilutive securities                    
Stock options for employees, directors and outside consultants   91,882    132,566    97,550    138,561 
                     
Denominator for diluted earnings per share   15,376,906    15,169,210    15,399,163    15,224,221 
                     
Basic earnings per share  $0.01   $0.01   $0.01   $0.00 
Diluted earnings per share  $0.01   $0.01   $0.01   $0.00