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Note 5 - EARNINGS PER SHARE (Tables)

3 Months Ended

May 31, 2019

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

The computation of weighted average common and common equivalent shares used in the calculation of basic and diluted EPS is shown below.

		Three Months Ended May 31,
		2019				2018
Earnings per share:
Net earnings applicable to common shareholders		$	1,363,600			$	1,816,600
Shares:
Weighted average shares outstanding-basic			8,184,272				8,177,190
Assumed exercise of options			6,790				7,818
Weighted average shares outstanding-diluted			8,191,062				8,185,008
Diluted earnings per share:
Basic		$	0.17			$	0.22
Diluted		$	0.17			$	0.22

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- References

No definition available.

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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