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EARNINGS PER SHARE
 3 Months Ended
May 31, 2025
Earnings Per Share [Abstract]  
EARNINGS PER SHARE

NOTE 6: EARNINGS PER SHARE

 

The following table sets forth the computation of basic and diluted earnings per share:

 

           
   Three Months Ended May 31, 
   2025   2024 
         
Numerator for basic and diluted earnings per share  $484,985   $330,837 
           
Denominator for basic earnings per share - weighted average   15,733,955    15,750,880 
           
Effects of dilutive securities:          
Stock options for employees and directors   14,601    23,496 
Denominator for diluted earnings per share   15,748,556    15,774,376 
           
Basic Earnings Per Share  $0.03   $0.02 
           
Diluted Earnings Per Share  $0.03   $0.02 

 

In the first quarter of fiscal year 2026, 360,788 stock options were excluded from the computation of diluted income per share because the effect of inclusion would have been anti-dilutive.